City of Mason R&D Hub Takes Off With Third New Development in Four Months as VEGA Joins Portfolio of Global Companies

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Jan 15, 2020 12:42 pm
MASON, Ohio -- 

The City of Mason and VEGA, a global leader in level and pressure measurement technology for the processing industry, announced today the company will relocate its Americas headquarters to the City of Mason’s new Research & Development Park, bringing 217 employees (with an additional 50 over five years) to a new $50 million, 230,000-square-foot campus. The new headquarters, slated to break ground in the fourth quarter of 2020 and open in 2021, will include a state-of-the-art business and training center, as well as advanced manufacturing and production facilities on 50 acres.

The announcement marks the third global company to invest in the Mason R&D Park in just four months, for a total of $200 million in new investment and more than 500 employees as the new campuses take shape.

Established more than 60 years ago, VEGA continues to provide innovation around measurement technology that is intuitive and easy to operate in highly complex processing industries, such as chemical and pharmaceutical, food, drinking water, power generation, ships and airplanes.

“VEGA Americas has been a Cincinnati company since our founding 70 years ago,” said John Kronenberger, Co-CEO of VEGA. “In the past seven decades, we’ve outgrown our current campus. We’re excited for the opportunity to relocate and build VEGA’s North American headquarters and advanced manufacturing facility at this new location.”

“I can’t think of a better way to kick off the new year in economic development,” said City of Mason Mayor Kathy Grossman. “We have great momentum in the Mason R&D Park with new partnerships that have formed based on thoughtful, long-term planning.”

“VEGA Americas is a Cincinnati Top Workplace winner because of the people, not the place. Our growth and success over the years necessitates this move, and all of it is a testament to the people who work here,” said John Groom Co-CEO of VEGA.

“The feedback from our new partners at VEGA is truly humbling,” said Michele Blair, Director of Economic Development for the City of Mason. “To know they felt an international presence here and immediately connected to the growth environment we’ve created for companies and entrepreneurs speaks volumes to us. We’re looking forward to a long, successful partnership.”

Mimi Rasor
513-793-1234 or 513-910-8385
Mimi@gorasor.com

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).