Company investment to create 121 new jobs, $5.5 million new facility
CLEVELAND, Ohio, December 6, 2017 – Venture Products Inc., designer and manufacturer of tractor equipment, announced plans to expand at its Orrville location, adding 121 new jobs and a new $5.5 million, 135,000-square-foot facility to accommodate the company’s rapid growth.
“Due to increased worldwide demand for our product and the release of new products, this expansion will enable Venture to continue providing top-quality equipment to customers in a timely manner,” said Venture Products President/COO Randy Kitzmiller.
A team of representatives from Team NEO, JobsOhio, Wayne Economic Development Council and the city of Orrville collaborated closely to ensure the company’s leadership team felt confident committing additional resources to the Northeast Ohio region, which provides manufacturing companies with a strong, supportive business environment.
“Along with our partners at JobsOhio and Wayne Economic Development Council, we welcome Venture Products’ expansion, which positions Orrville as its global headquarters and the center of all operations,” said Team NEO CEO Bill Koehler. “Northeast Ohio continues to be an ideal location for advanced manufacturing companies seeking proximity to markets, partners and customers. We are committed to helping companies find new ways to innovate. That’s why we are particularly delighted that Venture Products will remain rooted in our region as it expands.”
Mike Hedberg, manager of The Office of Orrville Economic Development, added, “Venture Products’ growth in Orrville and Wayne County is well-deserved. The company places great emphasis on delivering a quality product to its global customers. Venture’s exceptional leadership and commitment to innovation have played, and will continue to play, a key role in the company’s success.”
About Venture Products Inc.
Headquartered in Orrville, Ohio, USA, Venture Products Inc. is the manufacturer of Ventrac compact tractors and commercial-grade attachments. Since the first release of Ventrac products in 1998, the company has become a leader in the sub-compact tractor market, with its equipment being used worldwide by professional operators in a wide range of markets, including golf courses, professional contractors, municipalities, hospitals, schools and estate owners.
Designed, engineered and built utilizing the latest in CAD software, laser-cutting technology, robotic welding and a powder-coating paint system, Ventrac equipment is sold through a global network of dealers and distributors. The company recently launched its newest brand and product line of agricultural implements and tractors, called Tilmor, for the small farmer. For more information, visit www.ventrac.com and www.tilmor.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. For more information, visit www.clevelandplus.com.
About JobsOhio
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 www.jobs-ohio.com. Follow us on LinkedIn, Twitter and Facebook.