Wednesday, February 20, 2013
Apollo Manufacturing will soon move to Enterprise Drive
Apollo Manufacturing is making a move from Willoughby to Mentor with the help of a grant from the latter city. The maker of precision components for the aerospace, energy and automotive industries will soon purchase and renovate 7911 Enterprise Pkwy., the former home of Fredon Corp. In all, the move will cost Apollo more than $2 million, but a Mentor Incentive Grant will return some funds back to the firm over the next several years. Apollo will receive nearly $71,000 in seven years for choosing Mentor. The company expects to pay $257,440 in new payroll taxes to Mentor during the time period. Current payroll is just over $1.5 million and will increase to $2 million by 2018. "Mentor just made a lot of sense, they've really been working well…
Wednesday, February 6, 2013
BurgerFi, Safeguard Properties and Fredon Corporation will all receive grants from the city
City Council approved grants for three businesses that are either coming to or expanding in Mentor could during its meeting 7 p.m. Tuesday at City Hall. BurgerFi and Fredon Corporation will receive one-time economic development grants and Safeguard Properties will get a Mentor incentive grant, which is dependant on the business's payroll levels. It will be renovating and opening in the former Little Mountain Farmers Market at 8748 Mentor Ave. According to the city of Mentor's grant information, this renovation will cost about $1 million -- in part because BurgerFi will be in the Mentor Village District and the restaurant is making an effort to make sure its appearance fits the district's motif. The Mentor BurgerFi expects to have about 50 …
Tuesday, February 5, 2013
BurgerFi, Safeguard Properties and Fredon Corporation could all receive grants from the city
Three businesses that are either coming to or expanding in Mentor could receive grants from the government if City Council approves them during its meeting 7 p.m. Tuesday at City Hall. BurgerFi and Fredon Corporation could receive one-time economic development grants and Safeguard Properties could get a Mentor incentive grant, which is dependant on the business's payroll levels. It will be renovating and opening in the former Little Mountain Farmers Market at 8748 Mentor Ave. According to the city of Mentor's grant information, this renovation will cost about $1 million -- in part because BurgerFi will be in the Mentor Village District and the restaurant is making an effort to make sure its appearance fits the district's motif. The Mentor …
Friday, November 9, 2012
The building sits on 11 acres of land where nearly 90 employees make helicopter parts and more
Roger Sustar has experienced some good and bad in the short time since his Fredon Corp. staff relocated to 8990 Tyler Blvd. Shortly after beginning the transition from Enterprise Drive, his new headquarters suffered a cracked floor from trying to move in a 42,000-pound horizontal milling machine on a 50,000 pound tow motor. Just weeks after he began incorporating offices into the new building, rain seeped inside as Superstorm Sandy hit Northeast Ohio. All of that accompanied Sustar's wife declaring him "freaking nuts" for taking on — and paying for — such an expansive project. He didn't exactly disagree with her, but the entrepreneur would have it no other way. "This is unbelievable," he said. "This is a huge endeavor … we're having one …
41.69668
-81.3175
8990 Tyler Blvd, Mentor, OH
/articles/fredon-corp-settling-into-new-headquarters
/locations/8122119
Monday, April 30, 2012
Nearly half of the 24 teams who competed Saturday were sponsored by Mentor manufacturers.
Kenny Neely had little to say Saturday about RoboBots, the event he had just participated in at Lakeland Community College. Instead, the Mentor High School senior shifted his focus to a May 12 grudge match in which his team of robot creators will strive for a better showing. An early exit from a tournament like the 24-team RoboBots can do that to you. "We'll start working again, rebuilding, looking at our flaws and how we can get better," Neely said of his team's "Wildcard" robot that bowed out of the competition early because of various electrical issues. RoboBots organizers are well aware of the competitive fuel the event sparked within area schools. In just its second year, RoboBots has grown from 10 teams mostly from Lake County, to …
41.6398
-81.3909
7700 Clocktower Drive, Kirtland, OH
/articles/mentor-students-businesses-combine-forces-at-robobots
/locations/6899936
Thursday, September 1, 2011
Mentor company makes essential parts for military, industrial and commercial products that keep us safe, keep us moving and keep us healthy
When Fredon Corp. celebrated its 41st anniversary last year, it was named to Inc. magazine’s list of the 5,000 fastest-growing small businesses in the U.S. The national magazine noted the Mentor company increased revenue from $9.2 million in 2006 to nearly $12 million in 2009. Not too shabby when you consider Fredon’s co-founder, Roger Sustar, started the company with a $7,000 loan. Fredon manufactures thousands of precision-machined parts and assemblies for military defense contractors like Boeing and Northrop Grumman that make missiles and unmanned aerial vehicles, for diversified industrial giants like General Electric that manufactures locomotive train engines, and for medical device companies like Mentor-based Steris that produces …
Jim Gray
9:47 am on Saturday, November 10, 2012
This is good stuff. Roger & his crew show how to get things done! more ›