4/7/2017 – European manufacturer acquires segment of fiber optics operation at NEPTCO in Granite Falls

Posted on: April 7th, 2017 by admin

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April 7, 2017

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Roblon US Inc. has acquired a segment of fiber optics manufacturing from NEPTCO, a division of Chase Corporation.

 

The acquisition was announced to both NEPTCO and Roblon customers and employees along with the attached letter.

 

Chase/NEPTCO – headquartered in Westwood, Mass. – has two manufacturing facilities in Caldwell County, employing approximately 200 between the two plants in Lenoir and Granite Falls. This transaction is limited to certain products at the Chase/NEPTCO Granite Falls facility.

 

There will be no layoffs and no net job loss to accommodate this transaction as Chase/NEPTCO is now contracted to continue to manufacture the fiber optic cable components for Roblon and its customers.

 

“The Caldwell Economic Development Commission is excited to see the expansion of manufacturing to now include a new European partner, headquartered in Freerikshavn, Denmark,” Caldwell EDC Executive Director Deborah Murray said.

 

Granite Falls Mayor Barry Hayes added, “This represents a new business opportunity for Roblon and Chase/NEPTCO as well as potential for future job creation and new investment in Granite Falls and Caldwell County, North Carolina. We wish them both much success.”

 

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