Chinese company bringing more than 200 jobs to Naperville
A Chinese maker of power tools plans to bring more than 200 jobs to its new North American headquarters in Naperville over the next three years.
Chervon North America, the U.S. arm of Nanjing, China-based Chervon Holdings, confirmed plans to move workers from Michigan and several suburban Chicago locations when it opens a new headquarters in Naperville sometime in the spring.
Earlier today, Crain’s reported the company was moving its headquarters to the western suburb from Grand Rapids, Mich. At the time, it was unclear how many people would work in the facility at 1203 E. Warrenville Road.
Now, the company said it plans to relocate 75 workers from Grand Rapids and the Chicago suburbs of South Barrington and Geneva, spokesman Joe Turoff said in an email. Also moving there will be 37 employees who were added when Chervon completed its acquisition of Mount Prospect-based Robert Bosch Tool’s Skil and Skilsaw brands on Jan. 1, Turoff said.
The company also plans to hire 25 new workers this year and another 75 over the next three years, Turoff said.
Chervon also considered locations in California, Texas, Georgia, North Carolina and Tennessee, Turoff said. The company is not receiving any incentives from the Illinois or Naperville governments, Turoff said.
“In the end our decision came down to three key factors: proximity to talent, proximity to current and acquired employees (and) Naperville’s pro-business attitude,” Turoff said in the email.
The facility will include research and development, industrial design, sales and marketing jobs, he said.
Chervon is subleasing the entire 124,000-square-foot building from Swedish manufacturer SKF Group, which signed a 15-year deal to use the building for offices and R&D. But SKF decided not to move in as the building’s exterior was completed in 2015, and instead began seeking a company to sublease the building.
Source: Crains Chicago Business Ryan Ori January 11th, 2017