Special to 1808Delaware with additions by 1808Delaware
Lake Shore Cryotronics, a Westerville and Delaware County-based manufacturer of sensors, scientific instruments, and systems for cryogenic and magnetic applications, announces a significant expansion of its Westerville facility, investing nearly $14 million into the location.
The company will break ground for an addition later this year, with Lake Shore to add approximately 42,000 square feet of manufacturing space and 10,000 square feet of office space to its existing 59,000-square-foot building. Also, as part of the capital project, Lake Shore will construct a new 2,500-square-foot clean room within its existing manufacturing facility. This state-of-the-art room will be used for microelectronic development, and sensor wafer fabrication and packaging.
“What’s driving this growth is our investment in the business,” said Michael Swartz, President and CEO of Lake Shore. “We have invested in operations, new product development, and our worldwide sales and distribution channels. These investments are paying off in significant current and projected sales growth, requiring us to hire additional manufacturing, engineering and support roles, and expand our manufacturing and office space. A big part of the expense to meet the growing demand is an investment in sophisticated manufacturing equipment and the personnel to use and manage the equipment. This couldn’t happen without the incredible support of JobsOhio and their partners.”
Founded in 1968, Lake Shore has been in Westerville since 1978. The company moved to its current location on McCorkle Boulevard in 1997 and currently employs 174 locally. It also has an office in Woburn, MA, where they employ 37 people, including those who joined Lake Shore when the company acquired the lab cryogenics business of Janis Research in 2020.
“Nearly doubling their space, Lake Shore Cryotronics is taking a significant step that sends a strong message to our community — they believe in Westerville,” said Rachel Ray, Westerville Economic Development Director. “As central Ohio continues to grow, businesses will continue to look our way for a business-friendly environment and a great place to raise a family.”
Lake Shore Cryotronics offers sensors and instruments for measuring at cryogenic temperatures and in the presence of magnetic fields, as well as systems, instruments, and cryostats used in early-stage research into new electronic, optical and magnetic technologies. Researchers use Lake Shore products to characterize new types of semiconductors and materials that might be used in smartphones in 10 years. Its products are also used for research into materials for green energy initiatives.
Additionally, physics and material researchers worldwide trust Lake Shore for solutions that drive the development of scientific discoveries, from particle physics experiments at the CERN Large Hadron Collider accelerator in Europe to space exploration at NASA to quantum computing research occurring in labs and industry today.
“When great companies like this one choose to expand their operations here in Ohio, it sends a strong message to businesses around the country that you can succeed in the Buckeye state,” said JP Nauseef, President & CEO of JobsOhio. “This investment in Westerville continues to diversify our economic footprint and strengthens our state’s claim as the silicon heartland.”