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Myers Industries plans to stay in Akron after all

October 2, 2018

Myers Industries plans to stay in Akron after all

AKRON, Ohio - Myers Industries Inc. no longer plans to move to downtown Cleveland, after having its headquarters in Akron the past 85 years, according to the company.

Last month, the plastics manufacturer and tire service supply company reported plans to move in to 40,000 square feet in North Point Tower at East Ninth Street and Lakeside Avenue. The move was expected to take place either late this year or early next year and eventually bring 140 administrative jobs to downtown Cleveland.

“After extensive review and evaluation, we have decided to suspend our corporate headquarters and Myers Tire Supply (MTS) office relocation from Akron to Cleveland,” according to a statement from the company. “When we first discussed the relocation several months ago, we felt it was a prudent business decision that supported our long-term strategy. Since then, we’ve determined that the costs associated with the move would be higher than anticipated and impacted our ability to create the open and collaborative space we envisioned. In addition, we want to focus our efforts on the business at hand and on implementing our strategy.”

The company says it will proceed with selling the current property at 1293 S. Main St. in Akron and plans to lease back the space for its corporate and tires supply offices. It added that it also plans to proceed with the distribution center relocation to 1554 S. Main St. Officials expect to be in the new distribution center by mid-November.

Myers Industries is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The company reports it’s also the largest distributor of tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry in the U.S.

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