Cleveland’s NAI Daus recently completed a sale of Snap-On’ s Wooster facility to Wooster Growth Corporation.
Commonly known as the Bell and Howell plant, the 95,000-square-foot industrial facility is located in Wooster, Ohio. It will in turn be leased to ABS Materials. ABS Materials was approved for a redevelopment loan and a job-creation tax credit by the state of Ohio in September, which helped in securing the Wooster location. ABS is an innovator in the field of advanced filtration and separation.
This will allow ABS Materials to have its company headquarters in one space, and provide the opportunity to grow to 80 to 90 Wooster-based employees and 150 worldwide.
Justin Starlin, Wooster’s economic development administrator said, “When we talk about community development, an important part is establishing a good relationship with businesses already in the community, and ABS has been established as a rising star in the business world. Now we can secure them in Wooster for many years to come.”
Alec Pacella and Bill Sadataki, senior vice presidents at NAI Daus, represented Snap-On Business Solutions, while Wooster Growth Corporation was self-represented.