Friday, February 15, 2013

Expansion - Is Geauga County the next Drilling Target

CHESTER TOWNSHIP, Ohio -- Mining company Fairmount Minerals is moving its headquarters to Chester Township, after outgrowing its longtime offices in Chardon.

The privately held company, which employs 800 people worldwide, has signed a three-year lease at a small office building off Mayfield Road. Roughly eight miles west of Fairmount's current Geauga County home, the building is part of a complex owned by the HF Group, a company that binds books and stores paper and digital records.

Fairmount mines and processes clean, industrial-quality sand used for everything from water filtration to natural gas drilling.

The company isn't pulling out of Chardon, where it sources sand and employs nearly 100 people at a blending operation, a technology center and other facilities. But recent hiring, and the boom in hydraulic fracturing, forced Fairmount to look for larger digs.

"We wanted to stay in Geauga County and also get a little bit closer to the airport," said Jessi O'Reilly, an executive assistant at the headquarters. "It just happened that the location opened up, and we jumped on it."

O'Reilly confirmed that Fairmount will move into 11,000 square feet at the HG Group complex on Thursday. Fairmount's existing headquarters, on Ravenna Road, will become back-up offices.

The HG Group, which occupies the larger of two buildings at 8844 Mayfield Road, bought the property and the book-binding business in 1989 and built the smaller, 16,000-square-foot building 10 years later. Fairmount will share the space with another tenant but has opportunities to expand.

"As a Geauga County businessperson and a resident, I'm also very happy that Fairmount is staying in the county," said Jay Fairfield, the HF Group's president. "They are a very civic-minded company, and they've been very, very good to Geauga County."

Chuck Fowler, Fairmount's chief executive officer, was not available Wednesday.

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