Hydro-Aire Inc. to build facility and add new jobs
Hydro-Aire Inc., a division of Crane Aerospace & Electronics (segment of Crane Co.), has announced plans to build a new facility adjacent to its current Elyria location to grow its Lear-Romec fluid management product lines. The expansion is expected to add 26 new jobs.
Crane Aerospace & Electronics Vice President John J. Higgs had this to say about the expansion. “We are thrilled to be expanding our manufacturing footprint in Elyria, Ohio, a place where we have done business for over 100 years. The skilled resources available in Northeast Ohio, as well as the overwhelming support of Team NEO and the City of Elyria, were key factors in our decision for continued investment in the region.”
JobsOhio, the City of Elyria, Team NEO and Lorain County Community Development teamed up to offer Hydro-Aire decision-makers information and insights that facilitated the company’s decision to expand in Northeast Ohio.
“The City of Elyria is proud to support the expansion of the aerospace industry in Elyria, Ohio with the addition of a new Hydo-Aire Inc. facility on the expanded Crane Aerospace and Electronics campus,” said Mayor, Holly Brinda. “Elyria has been the home city since 1904 for Crane Aerospace/Lear Romec and we are very happy to play a significant role in helping them meet their growth and competitive challenges.”
Team NEO CEO Bill Koehler added, “We are delighted that Hydro-Aire has elected to expand in Elyria. The company has experienced the lift our region’s talent, innovation and resources provide in support of advanced manufacturing, and it can expect to continue benefiting from this industry strength. Along with JobsOhio and our local partners, we look forward to supporting Hydro-Aire’s ongoing success in Lorain County.”
About Crane Aerospace & Electronics
Crane Aerospace & Electronics delivers innovative systems, components, and services for commercial aircraft, defense platforms, and space systems which have proven reliability in mission-critical environments. Products and services are organized into six integrated solutions: Cabin Systems, Electrical Power Solutions, Fluid Management Solutions, Landing Systems, Microwave Solutions, and Sensing Components & Systems. For more information, visit www.craneae.com.
Crane Aerospace & Electronics is a segment of Crane Co. Crane Co. is a diversified manufacturer of highly engineered industrial products. Crane Co. is traded on the New York Stock Exchange (NYSE:CR).
About Team NEO
Team NEO is an economic development organization focused on creating jobs for Northeast Ohio’s residents. In collaboration with our partners, it leads the region’s business attraction efforts, supports business retention and expansion work as Northeast Ohio’s JobsOhio affiliate, accelerates the impact of innovation in the region, and aligns strategies and resources within the economic development network to maximize its impact. In addition, Team NEO provides tools to assist employers in attracting talent to the region.
The Northeast Ohio economic development network provides business decision-makers with access to customized solutions that accelerate growth, foster innovation and mitigate risk through a connected and collaborative ecosystem. For more information, visit teamneo.org.
JobsOhio is a private, nonprofit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion efforts. JobsOhio works with six regional partners across Ohio: Appalachian Partnership for Economic Growth, Columbus 2020, Dayton Development Coalition, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.