‘An Easy Decision’: Tech Company Chooses to Locate in Niles
NILES, Ohio – A North Carolina company that makes high-performance protective coatings and nanocomposites will open a facility here to do production and research and development for regional clients, Team NEO said Tuesday morning.
United Protective Technologies LLC plans to invest $2.74 million at 704 Warren Ave., where it plans to open its new operation, said Matt Englehart, spokesman for JobsOhio. The company has committed to create 21 jobs at the site under the terms of a $150,000 JobsOhio revitalization grant it received to support the project.
The company, which is headquartered in Locust, North Carolina, “has developed cutting edge technology in the field of coatings and surface treatments which offer superior protection to legacy coatings, without harmful environmental byproducts,” Team NEO said in a news release. Industries it serves include aerospace, defense, medical, food and beverage and molding.
“United Technologies LLC’s expansion within the Northeast Ohio region demonstrates that our region provides an attractive environment for new and innovative technologies,” Team NEO CEO Bill Koehler said in the release. “Along with local partners, Youngstown/Warren Regional Chamber, Youngstown Business Incubator, and JobsOhio, we look forward to working with them in the future to ensure their success here.”
The decision to locate in Niles followed a nationwide search, according to the release. The Northeast Ohio region was chosen over others in competition for the project because of its advanced manufacturing prowess, market access, incentive support and the economic development partnerships that were fostered.
“This new facility in Niles will be instrumental in expanding our R&D and production capabilities for our growing customer base in the region,” said Marty Efird, United Protective Technologies CEO. “Access to talent, an advanced manufacturing base and support from great organizations like JobsOhio, Team NEO, the city of Niles, the Youngstown Business Incubator and the Advanced Manufacturing and Applied Research Innovation Institute made locating our newest facility in Niles an easy decision.”
Barb Ewing, YBI’s CEO, and Niles Mayor Steven Mientkiewicz also each welcomed United Protective Technologies.
“Their technology capabilities and spirit of innovation will assist the region in continuing our transition from traditional to advanced manufacturing,” Ewing said.
“We strive to bring new industry and jobs into the city, and it is wonderful to have such an advanced, diverse company call Niles home,” Mientkiewicz said. “The transition into Niles was somewhat extensive but seamless. I would like to congratulate UPT and wish the company many prosperous years ahead in the city of Niles.”
Copyright 2024 The Business Journal, Youngstown, Ohio.
