Tarkett purchases new facility in Geauga County
CLEVELAND, Ohio, August 30, 2018 – Tarkett, a worldwide leader of innovative flooring and sports surface solutions, announced it has invested several million dollars to expand its operations in Auburn Township with the purchase of the recently vacated 70,000-square-foot Mar-Bal building. This new facility will complement Tarkett’s existing 140,000-square-foot operations in Auburn Township, which produces Johnsonite vinyl resilient wall base and finishing borders, and will result in the addition of approximately 75 new jobs.
“We’re excited for this opportunity to expand our presence in Northeast Ohio, increasing our production capacity and creating additional jobs locally,” said Jeff Fenwick, president, Resilient, Tarkett North America. “This expansion allows us to continue to meet our customers’ needs by delivering the high-quality products on which they rely.”
Geauga Growth Partnership, JobsOhio and Team NEO worked together to support Tarkett’s expansion.
“We are delighted that Tarkett has chosen to expand in Geauga County and look forward to supporting the corporation’s ongoing success,” said Tracy Jemison, president of Geauga Growth Partnership. “This investment confirms Tarkett’s confidence in the people and resources of Geauga County, and the creation of new jobs reflects the company’s lasting commitment to our region’s economic growth.”
“Many of the best-known brands in commercial and home flooring come from Tarkett,” said Team NEO CEO Bill Koehler. “They are a leading innovator in their industry, which makes Northeast Ohio an ideal location for their continued investment. Advanced manufacturing companies worldwide are recognizing that Northeast Ohio offers exceptional opportunities for growth by accessing our region’s talent, innovation and resources. Team NEO was delighted to work with JobsOhio and the Geauga Growth Partnership to make this a win-win for our region and for Tarkett.”
With net sales of more than €2.8 billion in 2017, Tarkett is a worldwide leader of innovative flooring and sports surface solutions. Offering a wide range of products including vinyl, linoleum, carpet, rubber, wood, laminate, synthetic turf and athletic tracks, the Group serves customers in more than 100 countries worldwide through its major brands: Tarkett, Desso, Johnsonite, Tandus Centiva, Tarkett Sports, FieldTurf and Beynon. With approximately 13,000 employees and 34 industrial sites, Tarkett sells 1.3 million square meters of flooring every day, for hospitals, schools, housing, hotels, offices, stores and sports fields. Committed to “Doing Good. Together”, the Group has implemented an eco-innovation strategy based on Cradle to Cradle® principles and promotes circular economy, with the ultimate goal of contributing to people’s health and wellbeing, and preserving the natural capital. Tarkett is listed on Euronext Paris (compartment A, ISIN: FR0004188670, ticker TKTT) and is included in the following indices: SBF 120, CAC Mid 60. www.tarkett.com.
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 clevelandplus.com.
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 jobs-ohio.com. Follow us on LinkedIn, Twitter and Facebook.