Roanoke Times
Copyright (c) 1995, Landmark Communications, Inc.
DATE: WEDNESDAY, June 6, 1990 TAG: 9006050259
SECTION: CURRENT PAGE: NRV-2 EDITION: NEW RIVER VALLEY
SOURCE: KIM ZEOLI SPECIAL TO THE ROANOKE TIMES & WORLD-NEWS
DATELINE: RADFORD LENGTH: Medium
"Any jobs we create are going to help. We're hoping it might also attract other businesses of a similar nature to the area. . . ." Yadlowsky said.
Yadlowsky and Hazelton started Hy-Tech Research, which conducts research and advance development for government and private industries, in 1982. They moved to Radford with hopes of expanding one day, and that day has arrived.
Only a few jobs will be created by the company's expansion into Radford's industrial center.
"We're looking at this point in time for two more scientists and probably when they come, we'll hire two more technicians. We're close to doubling our size in only a year's span," said Hazelton.
To find the scientists needed, Hy-Tech Research Corp. is advertising in national journals. However, Hazelton said three out of four of their current technicians came from New River Community College.
Radford granted Hy-Tech Research a six-month option for property in the industrial center. Construction of an 8,500 square-foot facility is expected to start in one month.
Once construction begins, Yadlowsky said the project will take three or four months to complete.
"We're hoping to be into the building sometime this fall," said Yadlowsky. The company will have space for future expansion of up to 13,000 square feet.
Hy-Tech Research is currently working on three projects. One is the development of laser-based diagnostics to study high voltage and high current plasma switches used in pulse-power systems.
Another project is to study and improve the surface breakdown strength of insulators.
The company also is working on developing sources of soft X-rays for lithographic use in the micro-chip industry.
Following its six-month property option, Hy-Tech Research has the option of renewing for another six months. Eventually, the company will have to purchase the industrial park property if it wishes to stay there.
David Ridpath, Radford's director of economic development, hopes that the expansion of Hy-Tech Research will bring other businesses to the center.
"There has been considerable amount of interest expressed in the industrial center," said Ridpath.
Ridpath said Hy-Tech Research Corp. will be joining another business that has been located at the industrial center for nearly a year and a half.
New River Building Components is making panelized wall sections at the center. Fontaine Inc., a company that deals with truck modifications, has an option on four acres of land there.
by CNB