Cast Nylons Co., Ltd., North America’s largest cast nylon manufacturer, announced today that it will expand its operations in Willoughby, Ohio, purchasing and refurbishing a pair of vacant buildings adjacent to their current location. The new space, totaling over 14,000 square feet, will allow the company to expand its product portfolio of 100% American-manufactured cast nylon products, making them more competitive vs. international competition in the North American market and enhancing their ability to serve their customer base.
The project will allow the company to expand its workforce over the next three years in addition to retaining the existing employees at the Willoughby location.
“We are committed to Greater Cleveland and excited about our company’s future,” stated Jack Thorp, CEO and President of Cast Nylons. “2020 has been an uncertain time for many businesses but, with the guidance and support of the Greater Cleveland Partnership, the City of Willoughby, and JobsOhio, we realized the best business case for us was to expand our operations right here in Northeast Ohio to better serve our customers and continue to invest in the community that has been critical to our success.”
“GCP appreciates Cast Nylons’ investment in Lake County,” said Joe Roman, President and CEO of the Greater Cleveland Partnership. “We are pleased to support the long-term growth of another strong local company in our manufacturing industry, which continues to be the cornerstone of Greater Cleveland’s economy.”
Led by Scott Harrington, Senior Manager for Business Growth & Development, the Greater Cleveland Partnership, worked collaboratively with partners at the Lake County Port & Economic Development Authority, the city of Willoughby, Team NEO and JobsOhio to ensure the company’s expansion took place in Northeast Ohio.
“Cast Nylons has been a part of the Willoughby fabric for over forty years and is a leading producer of cast nylon products in North America,” said Willoughby Mayor Robert Fiala. “We are very pleased to be able to help incentivize Cast Nylons’ proposed expansion project. Job creation is key to our City’s success, and we are committed to remaining an attractive place for businesses to locate and grow.”
“Northeast Ohio is an advanced manufacturing powerhouse, making up 20% of our region’s GRP with more than 270,000 workers, including more than 18,000 in the chemicals sector,” said Bill Koehler, Team NEO CEO. “Cast Nylons’ expansion is an example of how manufacturers are growing with talent from this region. We look forward to working with our local partners and JobsOhio to ensure Cast Nylons’ continued success.”
About Cast Nylons Co., Ltd.
Cast Nylons is a poly-chemical manufacturer and the premier producer of NYCAST® cast nylon solutions in North America. Cast Nylons is a proud partner of IAPD, our plastics distribution partners, and the various industries we serve, including but not limited to construction, wastewater treatment, food processing, material handling, oil & gas, steel mills, agriculture, minding, and marine. To learn more about the NYCAST® advantage please visit www.castnylon.com.
About Greater Cleveland Partnership
With more than 12,000 members, the Greater Cleveland Partnership (GCP) is one of the largest metropolitan chambers of commerce in the nation. GCP is focused on driving the economic vitality of our region through building a strong and thriving climate for the broad business community, including small businesses, middle-market companies and large corporations.
About Team NEO
Team NEO is a private, nonprofit economic development organization accelerating business growth and job creation throughout the 18 counties of Northeast Ohio. As the designated JobsOhio Network Partner, we align and amplify local economic development efforts in Northeast Ohio’s 18-county region; we conduct research and data analysis to inform local conversations and influence solutions; we market Northeast Ohio as a region; and we work to increase access to jobs, education and training for the region’s 4.3 million people.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio though Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic DevelopmentOne Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.