Company Name: INEOS Composites U.S., LLC
Location: Dublin
Site Region: Central
Country of Origin:
- Country: United Kingdom
- Region: Europe
Industry Sector: Shale Energy and Petrochemicals
Company Profile: INEOS Composites is a global company that manufactures and sells a broad range of general-purpose and high-performance grades of unsaturated polyester and vinyl ester resins, gel coats, and low-profile additives for the plastics industry. Comprising 36 individual businesses, INEOS operates 194 facilities in 29 countries worldwide.
Company Website: https://www.ineos.com/
Project Summary:
Type of Project: Expansion
Jobs:
- Jobs committed: 48
- Jobs retained: 114
- Types of jobs: Advanced Manufacturing
Capital Investment: $19,000,000
Timetable: Hiring is set to begin in July 2023
Company Need:
The company sought to consolidate several North American business headquarters into one office based in Ohio to enable collaboration and business efficiencies. INEOS also wanted to consolidate and relocate the North American lab operations near the office operations to maximize efficiencies.
“As the global economy evolves, so does INEOS Enterprises. By far, the Columbus Region made the most sense as we consolidated our North American headquarters operations for this business. At the same time, growing demand and need for technical solutions is driving our investment in a new laboratory in Dublin that will strengthen our capabilities to better serve our customers.”
- Andrew Beer, Vice President, Americas at INEOS Composites
Why Ohio?
Ohio’s role as a leader in advanced manufacturing is more vital than ever as companies embrace new ways of making things with additive manufacturing, automation, advanced materials, and other new technologies.
Ohio’s manufacturing sector employs over 600,000 skilled individuals, the third-largest manufacturing workforce in the U.S.
The company cited the ability to easily have its offices consolidate with its laboratory operations in the Columbus Region so both functions could more easily collaborate.
Collaborators:
JobsOhio, One Columbus, Ohio Department of Development, City of Dublin, City of Grandview Heights