Bowling Green, KY, June 17, 2007 --(PR.com
)-- Dynastrosi Laboratories, Inc. is pleased to announce that their research and development laboratory and prototyping operation will be relocated to the former Sumitomo Manufacturing building in Morgantown, Ky., located on 755 Veteran’s Way. This announcement comes after the Morgantown City Council’s formal approval of the lease agreement on the evening of June 14.
“We’re thrilled to announce this move. After relocating our operations from Oklahoma to a temporary prototyping facility in Glasgow, we’re pleased to find a permanent home for our research and development laboratory and prototyping operation in Morgantown, which provides ample space and will enable us to expand our operations,” said Ron Jones, Chief Executive Officer. “We’d like to thank Bud Layne for donating the space for our temporary facility in Glasgow, and we’re grateful to the Morgantown City Council for welcoming us into their community.”
Mayor Eva Hawes of Morgantown said, “We’re pleased to have Dynastrosi join our community. With their innovative fabrication system, the company has an enormous potential for growth, and we’re excited that they’ve chosen to house their development operations in Morgantown.”
“We’re happy to have reached an agreement to bring Dynastrosi’s prototyping facility to Morgantown,” said Butler County Judge Executive David Fields. “This is a cutting-edge company that provides a unique method of manufacturing products. It’s an honor to have their laboratory in our area.”
Dynastrosi’s headquarters are located at the regional Innovation and Commercialization Center (ICC) within Western Kentucky University’s Center for Research and Development in Bowling Green, Ky. The company’s goal is to further develop and commercialize a new patented method of manufacturing products made from advance composite materials, which involves the extensive use of robotic production equipment. With this new, lower-cost production system, the company plans to develop hundreds of new product applications over the next decade.
“Many entities have gotten us to this point. I’d especially like to thank the Kentucky Cabinet for Economic Development and the Department of Innovation and Commercialization for their assistance in bringing Dynastrosi from Oklahoma to Kentucky,” said Dan Preston, Vice President for Economic Development at the Bowling Green Area Chamber of Commerce. “Buddy Steen, Executive Director of the regional ICC, was also integral to this relocation. In addition to Mayor Hawes, Judge Executive Fields and the Morgantown City Council, former Morgantown Mayor Charles Black and former Butler County Judge Executive Hugh Evans have been key supporters of this project and I’d like to thank them too.”
Dan also spoke to the promising future that Dynastrosi’s announcement brings to the region. “We’re so pleased to have such a high-tech and innovative company in South Central Kentucky. We anticipate that Dynastrosi’s residence here will compel other companies with equally unique and inventive missions to join our region.”