CANTON GE Oil & Gas will be building a new 24,000-square-foot facility on five acres in Mills Business Park in Canton.
This new facility will serve the Utica Shale, which extends through Ohio, Pennsylvania, New York and parts of West Virginia.
GE Oil & Gas is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage, to industrial power generation, refining and petrochemicals. It also provides pipeline integrity solutions, including inspection and data management, and designs and manufactures wire-line and drilling measurement solutions for the oilfield services segment.
The company will be the third business to locate in the park, joining Medline Industries and Old Dominion Freight Line, Inc.
We are very excited that GE Oil & Gas has decided to locate in Canton. It is definitely a mutually beneficial relationship. It is also a smart investment for the future of our city and brings with it new jobs and technology, making Canton an ideal location for all shale investors, said Mayor William J. Healy II.
It is estimated that the facility will create approximately 34 new area jobs. Construction on the project is slated to begin soon, and will be handled by AVERA Companies, a Houston-based commercial real estate development, construction and investment firm.
We have put together a dynamic construction team using local subcontractors and we are pleased to be working with the City of Canton, who have been great to work with on getting this project kicked off, said AVERA Project Manager Ron Kohlenberger.
General Electrics presence in Canton supports our vision that Canton is the Utica Capital, the city in Ohios Utica Shale that is best suited to host significant corporate installations and to connect those installations by highway, rail and air to the rest of the Utica, and the rest of the world, said Dennis P. Saunier, president and CEO of the Canton Regional Chamber of Commerce.
The City of Canton, led by Mayor William J. Healy II and development director Fonda Williams, provided the citys Job Creation Incentive Program as an incentive to GE Oil & Gas, and Canton City Council approved the incentive package. The State of Ohio has offered funds for worker training. The Canton Regional Chamber of Commerce and DeHoff Development were closely involved throughout the process.
With each new company, we are reminded of the benefits of having fully improved level building sites, regional storm water detention and design covenants assuring quality buildings. Mills Business Park truly offers business and industry shovel ready sites, said Dan DeHoff, president, DeHoff Development Company.