{"id":1004183950,"date":"2017-07-14T03:51:58","date_gmt":"2017-07-14T11:51:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004183950"},"modified":"2022-12-08T22:04:13","modified_gmt":"2022-12-09T06:04:13","slug":"emerson-to-invest-100m-in-ohio-facilities","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/emerson-to-invest-100m-in-ohio-facilities\/","title":{"rendered":"Emerson to Invest $100M in Ohio Facilities"},"content":{"rendered":"<p>By Laura Calugar<\/p>\n<p>Emerson intends to invest $100 million in a major renovation and expansion of the labs and offices at its existing 1-million-square-foot facility in Sidney, Ohio. The project is expected to be completed by 2021. The technology and engineering company will break ground this month on the first phase of construction, which will include:<\/p>\n<ul>\n<li>Building a two-story office addition onto the current facility;<\/li>\n<li>Converting existing space to new and expanded engineering laboratories.\u00a0<div id=\"attachment_1004183952\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/West-Lobby-digital-HQ-002.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004183952\" data-attachment-id=\"1004183952\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/emerson-to-invest-100m-in-ohio-facilities\/west-lobby-digital-hq-002-800x600\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/West-Lobby-digital-HQ-002-800x600.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"West-Lobby-digital-HQ-(002) 800&#215;600\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/West-Lobby-digital-HQ-002-800x600.jpg?w=800\" loading=\"lazy\" class=\"wp-image-1004183952 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/07\/West-Lobby-digital-HQ-002.jpg\" alt=\"A rendering of Emerson's updated and expanded office and lab space in Sidney, Ohio. \" width=\"300\" height=\"225\" \/><\/a><p id=\"caption-attachment-1004183952\" class=\"wp-caption-text\">A rendering of Emerson&#8217;s updated and expanded office and lab space in Sidney, Ohio.<\/p><\/div><\/li>\n<\/ul>\n<p>The renovated building will facilitate cross-functional collaboration between engineers, scientists and industry leaders. A highlight of the project will be an upgraded lab space to conduct advanced performance and refrigerant testing with its compressors and related products.<\/p>\n<p>Construction of the new facility in Sidney is being financed by a $73 million capital lease agreement with the , according to the <em>Dayton Business Journal.<\/em> The project has also received support from <a href=\"https:\/\/www.commercialsearch.com\/news\/honda-invests-53m-in-two-ohio-facilities\/\">JobsOhio<\/a>, Shelby County and the City of Sidney. One year ago, Emerson opened the $35 million Helix Innovation Center at the University of Dayton, reaching 1,700 employees at the Sidney location.<\/p>\n<h2>80 years in Ohio<\/h2>\n<p>Since 1937, Sidney has been the home of Emerson\u2019s Copeland compressors for air conditioning and refrigeration. The Sidney location currently serves as the company\u2019s headquarters in the Americas for compressor technology and manufacturing. The renovated facility will enable engineers to conduct research, development and testing to develop future technologies for compressors, in addition to manufacturing Copeland Scroll compressors, which are found inside air conditioning systems for homes and commercial buildings and in refrigeration systems at retailers, restaurants and other institutions worldwide. Emerson has produced 150 million Copeland Scroll compressors and invested $1.5 billion to date in development of the technology.<\/p>\n<p><em>\u201cEmerson is committed to growing our global leadership position in the heating and cooling industry. To do that we need best-in-class facilities that provide our current employees a cutting-edge space to continue their critical work\u2014and that help us attract the next generation of engineers and scientists,\u201d<\/em> said Bob Sharp, executive president for Emerson\u2019s Commercial and Residential Solutions business, in a prepared statement.<\/p>\n<p>Image courtesy of Emerson<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Construction and renovation plans include updating and expanding office and lab space at the company\u2019s Sidney, Ohio, location. Investments will be made over the next four years. <\/p>\n","protected":false},"author":238,"featured_media":1004183952,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1585,21782,21783,13,21752,21742,21787],"tags":[36754,36755],"class_list":["post-1004183950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-columbus","category-development","category-investment","category-midwest","category-mixed-use","category-latest","category-technology","tag-emerson","tag-university-of-dayton"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Emerson to Invest $100M in Ohio Facilities - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/emerson-to-invest-100m-in-ohio-facilities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emerson to Invest $100M in Ohio Facilities\" \/>\n<meta property=\"og:description\" content=\"Construction and renovation plans include updating and expanding office and lab space at the company\u2019s Sidney, Ohio, location. 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