Acquisition leads to innovation and growth
Hannecard, one of Europe’s leading suppliers of industrial roller coverings has announced the acquisition of the activities of ASB Industries (thermal spray coating in Barberton) through its Ohio based subsidiary Hannecard Roller Coatings Inc. The group will open its first U.S. operation in Ohio, realizing a new milestone in the group’s ambition to offer its product portfolio worldwide and to strengthen its local presence towards its customers.
In addition to the acquisition, Hannecard has released an investment budget of over $2.000k in order to expand the current U.S. product offering with their flagship products such as rubber and polyurethane roller coverings as well as smart monitoring and asset management systems for rollers. The expansion of the product ranges will add 25 new jobs to the current 26 workers in the city of Barberton.
The company decided to focus and expand its activities in the Northeast Ohio region (versus other locations outside of Ohio) because of its access to industrial markets, its quality workforce and the incentive support of a $100K JobsOhio Revitalization Grant.
“At Hannecard, we are strongly aware of the role and value of each of our employees, and we know that everything we achieve is a reflection of countless individual efforts,” said Dirk Vidts, CEO at Hannecard nv. “With this in mind, we are not just interested in hiring workers, but keen to find motivated people who are passionate about what they do. People who will bring inspiration, creativity and innovation to the workplace. People with not only the right skills, but also the right attitude.” Currently Hannecard is recruiting for following functions: Thermal spray operator, Machinist, Metallurgist, Sales Engineer/Representative and Rubber Engineer/Chemist. If you need more information or if you want to apply you can send an email to email@example.com
The team effort to close the deal in the City of Barberton includes JobsOhio, Team NEO, Summit County, Greater Akron Chamber and the City of Barberton. Members of the cross-organizational team share their insights:
“We have been working closely with Hannecard over the past few months and are excited that they are making an investment into the Barberton campus. This investment will enable them to grow and expand their operations for the foreseeable future. We are excited to take part of Hannecard’s expansion and look forward to collaborating on various projects for years to come.”
“In a vote of confidence in our community, Hannecard is bringing ‘first of its kind’ technology from Europe to ASB Industries in Barberton, “International companies continue to feel welcome – and invest – in Northeast Ohio.”
“Summit County is excited to help Hannecard Roller Coatings expand its operations in Barberton. Through our workforce services offered at OhioMeansJobs, we will help Hannecard recruit the candidates it needs, and support the hiring and training of these new employees. This collaboration with Hannecard, Barberton, Team NEO, JobsOhio and Summit County will keep existing jobs in our community and create new jobs for our residents looking to earn a competitive wage, and is just another example of the positive impact public-private partnerships are making in our community.”
“Hannecard’s expansion within the Northeast Ohio Region demonstrates that our region provides an attractive environment to international firms as they implement new and innovative technologies. Along with JobsOhio and our local partners, we look forward to supporting Hannecard in its continued success here.”
About Hannecard Group
Ever since its founding in 1929, Hannecard has specialized in roller covering for industrial applications. Today Hannecard is the umbrella name of a leading international group of companies, with 12 own and 9 joint ventures production units worldwide.
Giving top priority to flexibility and quality, Hannecard has always adhered to a policy of international growth through local presence. This enables the company to respond to its customers’ needs immediately and adequately. Hannecard is the leading group in its sector and manufactures roller coverings for the paper, metal, plastics, packaging, printing, textile, food and wood industries, among others.
Thanks to the group’s international presence, its customers can all rely on the same high-quality products, regardless of where their production facilities are located. This is yet another reason for which the Hannecard Group has earned the trust of many OEMs worldwide.
About Team NEO
Team NEO is a private, nonprofit economic development organization accelerating business growth and job creation throughout the 18 counties of the Northeast Ohio Region. As the designated JobsOhio Network Partner, we align and amplify local economic development efforts in the region’s 18-counties; we conduct research and data analysis to inform local conversations and influence solutions; we market the Northeast Ohio Region; and we work to increase access to jobs, education and training for the region’s 4.3 million people. We do this to build a more vibrant regional economy; one that is more talented, equitable, competitive, innovative, resilient and prosperous. For more information, visit teamneo.org.
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 through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.