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The world’s largest industrial equipment manufacturer Reynolds is building a $15 billion, 70,000-square-meter facility to expand its R&D capabilities in the U.S. and to develop new products for medical and industrial applications.
The company plans to open a facility in the western United States in 2019, said David G. Reynolds, president and chief executive officer.
The facility will be located at Reynolds Products in Reynoldsburg, about 20 miles (32 kilometers) northwest of Cincinnati.
R&D and manufacturing of the equipment will take place at the facility in a $50 million, 3,500-square foot space, with a production facility to produce up to 12,000 units per day, Reynolds said.
Reynolds also plans to create a manufacturing center in North Carolina, where it plans to start manufacturing its new R&d products.
“Our goal is to get as much R&, manufacturing, and product development done in North America as possible,” Reynolds said in a statement.
The facility will create a new “manufacturing and R& D center,” Reynolds Products said.
The company will build a $30 million R& and manufacturing facility to create up to 8,000 jobs in North Dakota.
Reynolds will also create about 100 jobs in Pennsylvania and create up the remaining jobs in the company’s operations in Ohio, Kentucky, Indiana, and Kentucky.
The Reynolds plant is located about 20 to 25 miles (36 to 40 kilometers) from Cincinnati, the state capital.
The new facility will have approximately 1,000 employees.
The move is expected to increase Reynolds’ R& d capabilities in a region where the company has long been known for its quality products.
The U.K.-based company has been building its R & D capabilities in North and South America since the early 1990s.
It currently has a factory in the Netherlands that produces components for medical devices.
The United States has also been growing its R and D capabilities, as it has become a major manufacturing hub in recent years.
Reins has been growing in recent decades as it expands production capacity in North American, said Scott Kranish, a spokesman for Reynolds.
In 2015, Reynolds produced nearly 5 million metric tons of products in North North America, up from 2 million metric tonnes in 2016.
The North American facility now produces about 100,000 metric tons annually, Kranis said.
The new facility, which will be built at the company headquarters in Cincinnati, will provide the company with access to North American facilities, which it has used in the past, Krenish said.