Swagelok Co., a global developer and manufacturer of fluid system solutions, is expanding its presence in Solon with the building a new Global Headquarters and Innovations Center.
With an expected company investment of $30 million to $50 million, the campus will include a new innovation center and customer service center. The site will also house about 300 to 350 employees, with room for job growth, according to a news release.
Solon City Council approved the site plan in June, calling for tearing down the existing one-story office building at Solon and Cochran roads and replacing it with a three-story building. The entrance will be built along the current driveway, creating better arrival to the building with a small visitors’ lot and drop-off zone.
“We look forward to creating a world-class campus that demonstrates our position as an industry leader, showcases the global Swagelok brand and supports our strategic growth plans, especially in solving the business challenges that our global customers face in designing and maintaining their fluid systems,” Arthur F. Anton, chairman and CEO of Swagelok, said in the release.
Solon Mayor Eddy Kraus said he’s excited to see the company continue to grow. As Swagelok began in Solon in 1947, he said they’ve been an integral part of the city’s business framework.
“Now that they’re building the Global Innovation Center, it’s obviously going to add employees but also bring customers to us from all around the world,” Kraus noted. “It increases the demand for restaurants and hotels. And additionally, Swagelok has distribution centers, so if their suppliers are looking to relocate, they’ll want to be close to the facility. That’s why I love the headquarters here. It becomes an epicenter.”
Kraus compared Swagelok’s success to another Solon business heavy hitter – Nestle. Though Nestle is not headquartered in Solon, its large campus in the city not only spells success for the company, but also surrounding businesses.
“(Nestle) started small here and it just grew into the campus it is now,” he said. “That is how I always imagined the city’s industrial area. Swagelok is already huge and it’s great they’re ready to expand with us. This makes it much more helpful to other businesses as it shows the city works well with its companies. It shows we allow them to grow and expand in place.”
Swagelok serves customers through 200 sales and service centers in 70 countries, supported by 5,500 corporate associates at 20 manufacturing facilities and five global technology centers, according to the release.