Omnova Solutions could be headed to Beachwood, Ohio

Stan Bullard
CRAIN’S CLEVELAND BUSINESS

Published: August 13, 2013 2:26 pm ET
Updated: August 13, 2013 2:29 pm ET

Related to this story

Topics Building/construction
Companies & Associations Omnova Solutions Inc.

Omnova Solutions Inc. may be exiting the Akron suburb of Fairlawn, Ohio, for the Cleveland suburb of Beachwood.

Sandi Noah, vice president of communications for the polymer developer and provider, released a prepared statement by email Monday, Aug. 12, saying the company is considering building a headquarters in Beachwood after two years of extensive analysis.

"Because our plans remain subject to various approvals at the local level, however, we continue to consider other possible locations in Northeast Ohio," the Omnova email said.

Noah said she would not provide details on the company's possible move until it has a final agreement.

Omnova said its lease at 175 Ghent Road, where 140 employees work, expires in late 2014.

Omnova noted it continues to have a strong commitment and presence to the Akron area, where it recently spent $9 million to update its Global Technology Center in Akron and its plants in Akron and Mogadore.

Online real estate data provider CoStar said Omnova's current building dates from 1982 and it handles all operating responsibilities for the structure, but does not identify the building's owner.

The company describes itself as a global provider of emulsion polymers, specialty chemicals and decorative and functional surfaces.


Comments

Omnova Solutions could be headed to Beachwood, Ohio

Stan Bullard
CRAIN’S CLEVELAND BUSINESS

Published: August 13, 2013 2:26 pm ET
Updated: August 13, 2013 2:29 pm ET

Post Your Comments


Back to story


More stories

Image

Barington may force a vote for Omnova board at annual meeting

January 28, 2015 3:52 pm ET

It looks like the battle between Omnova Solutions and an activist investor is heading to a vote.    More

Image

2014 leaves some resin firms in the black while others struggle

January 23, 2015 2:37 pm ET

On the financial side, 2014 was good for Hexcel Corp., so-so for Celanese Corp. and it could have been better for Omnova Solutions.    More

Image

Housing forecast predicts strong growth, demand for decks, doors, windows

January 20, 2015 4:59 pm ET

Demand for new single-family homes is projected to increase by as much as 26 percent in 2015, and if it does, building material makers will be...    More

Image

Plastics help create net-zero energy home

January 20, 2015 3:31 pm ET

The New American Home — a working lab of best construction practices since 1984 — has reached its greenest goal yet with plastic pushing...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events