Saturday, November 16, 2013

Economic development............................

Faithful readers will remember recent posts about Southgate Corporation's development of yet another speculative 50,000 square foot industrial building (here and here).  I had the good fortune to be invited to the announcement ceremony for the new tenant for that building this past Thursday.  Xperion, a German company, will be occupying the building upon its completion in the Spring.  They and their fifty some employees with be manufacturing carbon fiber composite cylinders for storing and dispensing compressed natural gas.   With Ohio benefiting from the shale gas bonanza, there are great hopes that more and more vehicles will soon be powered by natural gas instead of gasoline.  These cylinders will be part of that shift.  This is a really big deal for our community.  It was a team effort, so a big THANK YOU to all who made this possible.

An aggressive building schedule (winter is coming to Ohio) has
 the tilt-up walls in place before the ground breaking ceremony took place.

The happy announcement.  Welcome Xperion!

One of the products soon to be made in Ohio



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