Rhinestahl Corporation Grows Again
Rhinestahl Corporation, the Mason-headquartered supplier of aerospace tooling and high-tech machining expertise, is more than doubling the size of its Advanced Machining Group with the acquisition of a 120,000 square foot building located at 1111 Western Row Road just a few miles away from their Mason headquarters in Mason.
Dieter Moeller, chief executive officer, said the expansion was triggered by growing demand for advanced manufacturing skills from a variety of markets. The project includes a renovation investment of approximately $2 million and bringing in an immediate 85 employees with a payroll of $8.5 million. The company expects employment to grow over the next three years to a staff of 155 employees and a payroll of $12.75 million. This employment is in addition to the existing business operations and employment of 100 located at the company’s Innovation Way headquarters.
This past spring, the city began discussions with Rhinestahl leadership regarding their needs for future growth. Several locations within the region were considered. The Mason location was selected as the preferred location based on competitive incentives, consistent business-minded leadership, the city’s established relationship with the company, and the highly attractive quality of life in the community. The quality of life factor in Mason allows Rhinestahl to nationally recruit the corporate talent needed to meet the company’s growth targets. Community amenities both in wellness and recreation, such as Mason Community Center, Tri Health, and the Golf Center at Kings Island, were a strong deciding factor in the future success of the company.
The new building will allow the privately held company to consolidate advanced machining operations that are currently located in four smaller Blue Ash locations. Mr. Moeller said the company expects to complete the relocation to the new building over the next few months.
To learn more about Rhinestahl Corporation, visit www.rhinestahl.com.
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