Swagelok selects Solon as site of new global headquarters and innovation center

Swagelok Company, a global developer and manufacturer of fluid system solutions, announced today that its Board of Directors has approved Solon as the location of its new $30 million - $50 million Global Headquarters and Innovation Center, following a three-month competitive site selection process.

The City of Solon and JobsOhio are both partnering with Swagelok to support the company’s growth and enable Swagelok to expand in Solon. Yesterday, Solon City Council approved its economic development package. Pending Ohio Tax Credit Authority and JobsOhio approvals, the new campus will be built at Swagelok’s present location at 29500 Solon Road in Solon, where the Company has been headquartered since 1965. 

“We are thrilled with the decision to remain in Solon and continue our partnership with the city that has been instrumental in our company’s growth,” stated Arthur F. Anton, chairman and chief executive officer, Swagelok Company. “We offer deep thanks to City of Solon officials, especially Mayor Edward Kraus, and the JobsOhio team for their support and commitment to Swagelok. Their offers enable us to leverage our manufacturing infrastructure and existing investments in the area, while creating a world-class, technologically advanced facility that will support our position as an industry leader and inspire the innovation, productivity, problem solving and collaboration essential for the next phase of our company’s success story.”

The new campus is expected to encompass up to 120,000 square feet of new space and feature a state-of-the-art innovation center, customer welcome center, and business operations center to house 300 to 350 associates, with room for future job growth.

Source: LINK