Element Materials Technology to invest $8m in Cincinnati expansion
Element Materials Technology, a global leader in testing, inspection, and certification (TIC) services, has announced an $8 million expansion in Cincinnati’s Blue Ash area. The company is set to establish a new functional support center at The Landings, taking up 21,525 square feet of Class A office space. With a signed 10-year lease and extension options, this significant investment aims to create 65 new jobs with a total payroll of $5.6 million.
Blue Ash Welcomes Element’s New North American Support Center
The new support center, located on the fourth floor of Landings II, is designed to augment Element’s growing workforce in North America. Rick Sluiters, EVP Americas at Element, mentioned the expansion would “bolster our 3,600+ strong workforce in America and free up space to expand customer operations at our existing location.” Element Materials Technology already has a strong presence in Cincinnati, with a state-of-the-art material testing laboratory in Fairfield, Ohio, featuring over 250 test machines.
TIC services provider Element Materials Technology to invest $8m in Cincinnati expansion. Photo courtesy of Business Wire.
Focused Growth Strategy and Local Support
Element Materials Technology’s decision to expand in Cincinnati stems from its long-standing history in the region and strong support from the State of Ohio. “We are excited for the next stage of our growth,” said Sluiters, thanking REDI Cincinnati and JobsOhio for their ongoing partnership. Local authorities are equally enthusiastic, with Dan Johnson, City of Blue Ash Economic Development Director, stating that the city would “continue to support Element and its employees in every possible way.”
Adding 65 New Jobs and Economic Benefits
The expansion is set to bring considerable economic benefits, contributing 65 new jobs with a total payroll of $5.6 million. This investment complements Element Materials Technology’s current role as a global leader in TIC services, serving a diverse range of industries including aerospace, biomedical, industrial manufacturing, and transportation. J.P. Nauseef, JobsOhio President and CEO, emphasized that the new facility would “improve the safety and quality of products vital to various sectors.”
State Incentives and Job Creation Tax Credit
The State of Ohio and JobsOhio have collaborated to support Element Materials Technology’s expansion, granting a Job Creation Tax Credit, which was approved during a recent Tax Credit Authority meeting. This credit will further incentivize Element Materials Technology’s commitment to job creation and industry-leading TIC services in the Cincinnati region.
Strong Presence in Diverse Industries
Element Materials Technology’s expansion in Cincinnati underscores its commitment to diverse industries. With 40 years of experience in metal and ceramic materials testing, Element serves sectors ranging from aerospace and medical devices to transportation and power generation.
With this $8 million investment, Element Materials Technology is poised for considerable growth, solidifying its role as a leading provider of testing, inspection, and certification services in North America.