Pison Stream Solutions, a global research & development company and leader offering special niche chemical coatings, defense, antimicrobial, additives compositions, renewable energy solutions, and communication systems designs, announced they will expand their operations by opening a new research and manufacturing facility in Brecksville, Ohio. The new facility is expected to employ 150 people within three years, and create an annual payroll of $8.5 million.
“We are excited to begin operations in the State of Ohio and City of Brecksville. This location will serve as our Centre of Expertise, Research Development and Manufacturing,” said Joseph James, CEO of Pison Stream Solutions. The company, headquartered in Bentwood, TN, will produce polymer composites and additives for renewable energies at the new location.
Pison Stream Solutions considered many regions for this expansion. They chose Northeast Ohio in large part because of the proximity to their suppliers and customers, and an ideal real estate option that met all of their needs. In addition, a skilled workforce will be critical to the success of their new Ohio operations, and Joseph James, CEO was confident he could find the right talent here in Northeast Ohio. The support of JobsOhio, Team NEO, the Greater Cleveland Partnership (GCP) and the City of Brecksville made this deal possible.
“Northeast Ohio’s strength in materials makes it an ideal location for companies along the entire value chain,” said Bill Koehler, CEO of Team NEO. “We have the workforce, a competitive cost structure and a robust logistics system. We look forward to working with our partners to help Pison Stream Solutions grow and prosper in our region.”
“We’re pleased to work with our regional and local partners in bringing this investment and job-creation project to Greater Cleveland,” said GCP President and CEO Joe Roman. “After opening, we will continue to work with Pison Steam Solutions to ensure their success here in Northeast Ohio.”
The company opened its new facility on September 1, 2016 and has already begun hiring key personnel at the Brecksville location.
About Pison Stream Solutions Pison Stream Solutions is a global research & development company and leader offering special niche chemical coatings, defense, antimicrobial, additives compositions, renewable energy solutions, and communication system designs. www.pisonstreamsolutions.org
About Team NEO Team NEO is an economic development organization focused on creating jobs for Northeast Ohio’s residents. In collaboration with our partners, it leads the region’s business attraction efforts, supports business retention and expansion work as Northeast Ohio’s JobsOhio affiliate, accelerates the impact of innovation in the region, and aligns strategies and resources within the economic development network to maximize its impact. In addition, Team NEO provides tools to assist employers in attracting talent to the region. For more information, visit www.teamneo.org and www.clevelandplusbusiness.com.
About the Greater Cleveland Partnership The Greater Cleveland Partnership mobilizes private-sector leadership, expertise and resources to create attractive business conditions that create jobs, grow investment and improve the economic prosperity of the region. www.gcpartnership.com