Two North American HQ deals signed
Lee & Associates in Rosemont recently completed two transactions involving new North American headquarter facilities which will incorporate manufacturing / assembly into their new U.S. operations.
In both transactions, their clients are moving a portion of their manufacturing / assembly operations from Europe to Illinois. The combination of the strong skilled U.S. workforce and vibrant economy was attractive to these companies, officials said.
The two transactions include Bystronic's new advanced 162,874-square-foot experience center in Hoffman Estates and Faber-Castell Cosmetics' first North American manufacturing plant which is a 73,000-square-foot facility in Elgin.
The Bystronic facility will serve as the new hub for their North & South American business operations; including sales, service, spare parts and the refurbishing of used machines. Bystronic is a worldwide organization with their parent company based in Zurich, Switzerland.
Faber-Castell is headquartered in Stein, Germany and was founded in 1761. Their facility will serve as its North American headquarters and manufacturing plant for production of cosmetic pencils and other product lines.
Jeff Janda and Mike Plumb, principals of Lee & Associates, brokered both transactions.