2013 Dayton Business Journal Online Article by Olivia Barrow
A local veteran has bought a maintenance and repair company.
Ashley Webb, a current Kettering City Council member and U.S. Army veteran, has purchased Paradigm Industrial Maintenance and Repair from two owners who are looking to retire.
Webb’s purchase shows confidence in the strength of the manufacturing industry in the Dayton region.
“I think the demise of manufacturing in Dayton has been exaggerated,” he said. “It’s great to be a part of what I think is going to be a resurgence in this area.”
Paradigm, located at 1345 Stanley Ave. in Dayton, provides fast turn-around repairs, maintenance and specialized welding services to industrial clients in the Dayton region.
Webb is currently leasing the 10,200-square-foot facility, and plans to complete the real estate purchase in the next 60 days.
Former owners Chuck Grandin and Rick Stamps will stay on through September to help with the transition.
Webb doesn’t have a lot of changes planned, and intends to maintain the staff of 40 full-and part-time positions for now.
“They have a pretty smooth operation here,” he said. “Once we’ve got a good baseline to work with, then we can work on trying to see what we can do to make things better. In the spring, potentially, we’d love to be growing and adding (employees).”
Some of Paradigm’s clients include Honeywell, AK Steel and the VA Medical Center.
Gerry Chadwick, owner of Sunbelt Business Advisors, represented the sellers in the sale.