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Strongsville 2023

Page 17

tax base. “Some cities’ biggest employer accounts for a higher percentage of tax revenue than our top 25 combined,” he says. “That puts a city in a real bind if that company moves or goes out of business.” Among the major business park projects completed or underway as the calendar flipped to 2023 was the announced expansion of Momentive Technologies manufacturing facility and global headquarters. Momentive, a global provider of advanced materials technology serving the semiconductor industry, is in an ideal position to supply the Intel plant that is now under development near Columbus, Painter said. “They’re really critical to the growth of semiconductors in this area,” he said. Momentum said the expansion is expected to result in almost 100 new jobs. Among the other notable projects that were completed or started in 2022 were:

• New York-based Mechanical Rubber, a producer of rubber, plastic and metal materials used in the defense, industrial and transportation markets, purchased an 80,000 square foot manufacturing facility. The company is the third largest manufacturer of bus door and window seals in the U.S.

• Infinium Walls new 120,000 square foot corporate headquarters in the Strongsville Business & Technology Park, become fully operational. The $10.4 million investment is expected to result in several hundred new jobs, the company said.

Painter said Strongsville is a member of the Aerozone Alliance, a hub of innovation in the arena of aerospace and smart manufacturing based its proximity to the NASA Glenn Research Center and Cleveland Hopkins Airport. “Our master plan says we should play a regional role in economic development, and this is one of the bigger regional attempts to spur economic development,” he said. “The idea of the alliance is to develop a master plan to see whether we can leverage NASA and the airport and our strategic locations to create jobs.”

• Construction started on CCL’s new 105,700 square foot North American headquarters in the Strongsville Business & Technology Park. With an $11 million investment, about 250 jobs will be retained in Strongsville, with about 132 more expected to be added.

• Schaeffler, a global manufacturer of aftermarket auto parts, relocated its North American business to Strongsville with the lease of a 250,000 square foot office and distribution facility. • CertainTeed, a construction material manufacturer, leased a 109,000 square foot manufacturing plant. • Swagelok Co., a Solon-based manufacturer of fluid system products, continued to grow its Strongsville facility, committing to creating 75 new jobs.

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(440) 572-1505 www.strongsville.org 15


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