Hematite Inc., a Canadian Tier 1 automotive supplier and manufacturer, is investing $18 million to build a 106,000-square-foot manufacturing facility in Englewood. The new site, which will also serve as the company’s U.S. headquarters, will employ 100 full-time workers over the next three years.
Describing itself as a “green” company, Hematite started more than 30 years ago as a recycling business that diverted industrial waste from landfills. This green culture continues today as the company continues to find innovative applications for recycled material to treat the underbody of vehicles. Specifically, Hematite engineers and manufactures acoustics, air and water management components using recycled scrap materials.
Hematite officials decided to open a manufacturing facility in the United States after customers requested the company expand its North American footprint. As a key supplier to several original equipment manufacturers, including Ford and Toyota, the company needed a location in the Midwest that was close to its customers.
Englewood’s close proximity to customers gave it an edge over competing sites. “Our expansion into the United States is a natural evolution for our company as we need to be closer to our customers,” said John Pavanel, president of Hematite. “We look forward to continuing our many great years of service for customers such as FCA, VW, Toyota, Ford and Honda from our Englewood, Ohio facility.”
Montgomery County Economic Development, the City of Englewood, the Dayton Development Coalition, JobsOhio and the Dayton-Montgomery County Port Authority worked together to help Hematite choose the location in Englewood. The Montgomery County Job Center will help Hematite recruit workers.