CLEVELAND (Dec. 23)—Noveon Inc. will close its Leominster, Mass., facility by the end of 2004 and relocate production of Sancure polyurethane dispersions to its plant in Avon Lake, Ohio.
The move will allow the specialty chemical company to expand its line of polyurethane products, a spokesman said. The Massachusetts plant is limited in terms of space and equipment and doesn't give Noveon expansion opportunities.
He said some members of the work force at the Leominster facility will be offered opportunities to transfer to the Ohio site while others will be laid off. He didn't divulge employment figures at the factory.
The Avon Lake has numerous advantages, "including room for future expansion and accelerated product line growth," according to Steve Demetriou, president and CEO of Cleveland-headquartered Noveon.