Ed Meyercord

"This is an exciting day for Extreme and a strategic milestone for our company that further enables us to deliver the end-to-end networking solutions and services enterprise customers across our target vertical markets need to run their businesses. In addition to acquiring networking assets that complement and strengthen our capabilities, we are expanding our bench of talented and experienced employees, partners and networking customers. We've already seen great participation from new and existing partners and customers during our recent closing roadmap webinar, which is a key indicator of the mutual excitement for this deal."

Ed Meyercord,
Chairman, President, and CEO,
Extreme Networks

Building on its long-standing commitment to west-central Ohio and to advance its global leadership in the heating and cooling industry, Emerson has announced plans for a major renovation and expansion of the labs and offices at its existing one-million-square-foot facility in Sidney, Ohio. The project is expected to require USD 100 million in investments over the next four years.

The first phase of construction will include building a two-story office addition onto the current facility and converting existing space to new and expanded engineering laboratories. The new construction projects in Sidney come just a year after Emerson opened its Helix Innovation Center on the University of Dayton campus. The Helix Innovation Center is an industry-first effort funded by Emerson to spur research, collaboration, and education across the heating and cooling manufacturing industries (also known as the HVACR industry).

Construction of the new Emerson facilities in Sidney is being financed by a capital lease agreement with the Dayton-Montgomery County Port Authority. The project has also received support from JobsOhio, Shelby County, and the City of Sidney. Construction is slated to be completed by 2021.


 

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