You have reached your limit of free articles this month.

Enjoy unlimited access to

Starting at just 99¢ for 8 weeks.


  • ePAPER

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.


Welcome to

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

Springfield company will add 15 jobs, keep 85 more

Pentaflex seeks incentive for $3.5 million expansion.

A manufacturer wants a tax incentive agreement from the city as part of a $3.5 million expansion plan that would add 15 new jobs and retain 85 current positions at its Springfield facility over the next five years.

Pentaflex Inc., a metal stamping manufacturing plant located in the Prime Ohio business complex on Gateway Boulevard, is requesting that city commissioners approve a $21,000 employee incentive agreement at their meeting tonight. Per the agreement, the company would save $4,000 annually in income tax for the next five years.

The savings would help offset the investment Pentaflex will make by purchasing two new presses and allow it to add 15 more full-time jobs to the Springfield operation. In exchange, the company would guarantee a total workforce of at least 100 full-time employees locally by December 2019.

“It’s a dynamic plan for us; it’s a game-changer kind of strategy for us, and I think it’s going to do a lot for adding new business to our existing business,” said David Arndt, president and chief operating officer for Pentaflex.

The company will purchase two new Aida Servo presses, which will allow operators to change the stroke of the stamping press for more speed and proficiency when making a part. The new machines offer increased stamping speed, improved part accuracy and reduced tooling and raw material costs.

In the metal stamping industry, eight of every 10 presses sold today are Servo presses, which is why Arndt said the investment is necessary for Pentaflex to stay competitive in the contractor market.

The new presses will also allow Pentaflex to work with thinner gauge metals, which could expand its customer base from primarily heavy duty trucks to the automotive industry, company officials said.

Pentaflex is hiring now, Ardnt said but will make a big push to hire new employees for the new presses in May and October, when they will be delivered. The company will hire experienced press operators who will receive some on-the-job training with the new Servo machines. They will also hire tooling and maintenance support staff, which will require applicants have high technical skills and training prior to employment.

The tax agreement is being proposed to commissioners as an emergency ordinance, to allow the procurement of equipment and new hires as quickly as possible, according to the legislation.

Founded in 1972, Pentaflex manufactures stampings and welded assemblies used for heavy truck axle, brake, and exhaust system manufacturers. The company also supplies stampings to the automotive, agriculture, defense and industrial markets. The company manufactures its products in Springfield but maintains its sales and marketing operations in Flat Rock, Mich.

The company sells to customers globally, and Arndt said this investment will give Pentaflex a more competitive edge.

“We’re dedicated to the area. We know we want to stay competitive and maintain our business profile in the Springfield area, so this is something we felt we had to do,” he said.

Commissioners will vote on the deal today at 7 p.m. at city hall, 76 East High St., Springfield.

Reader Comments ...

Next Up in Business

Springfield native brings fashion show to Upper Valley Mall
Springfield native brings fashion show to Upper Valley Mall

The Upper Valley Mall will be the center of area fashion on Sunday, June 25. The second “Fashion. Forward. Fusion.” Fashion Show will gather designers from Springfield, Dayton, Cincinnati and Columbus to showcase their latest offerings, 5 to 7:30 p.m. at the former MC Sports location. READ MORE: Goat yoga craze stretches into Clark County...
Snapchat introduces location-sharing with Snap Map
Snapchat introduces location-sharing with Snap Map

Snapchat is introducing a new way to locate your friends with the Snap Map.  The social media platform announced the news this week, revealing that the location-sharing feature will allow friends to find each other or anyone in the world using its map.  “We've built a whole new way to explore the world! See what's happening, find your...
Dayton Air Show announces paved parking for 2017 show
Dayton Air Show announces paved parking for 2017 show

Record rainfall on Friday is forcing coordinators of the Vectren Dayton Air Show at the Dayton International Airport to direct people today to alternative and paved parking sites. Two years ago, monsoon-like heavy rains pummeled the first day of the air show, causing many vehicles to become mired in muddy, grassy parking spots near the airport. Air...
JOB ALERT: Kroger to hire for 800 open positions at all locations
JOB ALERT: Kroger to hire for 800 open positions at all locations

Cincinnati-headquartered Kroger is hiring for 800 open positions at all Kroger locations. The grocery retailer is looking for new employees during a hiring event on Saturday from 11 a.m. to 4 p.m. at all Kroger stores. Positions are open in the following departments: deli, bakery, meat and seafood, Starbucks, grocery and ClickList. Interested applicants...
Goat yoga craze stretches into Clark County
Goat yoga craze stretches into Clark County

Clark County residents have a chance to take part in a new fitness craze, goat yoga, which combines traditional yoga with baby goats. The Smiling Prairie Goat Farm, 9697 Chenoweth Rd., South Charleston, is offering classes this summer. The next class will be 10 a.m. to noon Saturday. The cost is $25 a person. Sisters Jeri LaVielle and Linda Leonhard...
More Stories