EXPANDING BUSINESS REQUIRES
NEW ADDITION, BUILDING
NES expands current facility, will add another to accommodate growth
CLEVELAND, OH -- August, 2004 -- Because of
increased demand from current clients and from prospective customers,
NES will soon lease a second facility and has completed an addition to
its current building. Employee headcount will expand significantly, and
could bring an additional 100 jobs to the Solon market by year's end.
The moves come in response to the explosive growth of
NES' client base. NES has added many new clients during the last year
and is, on average, receiving more business from each client. The
company's strong performance, low cost, and excellent service are the
primary motivators among clients, who are confident in NES' abilities
and are entrusting ever-larger portions of their portfolios with the
company.
"NES is at a unique moment in its history," said Ernest
R. Pollak, NES President. "Corporations and Institutions are
recognizing our excellent performance and service and are giving us
more and more business. NES is expanding significantly in response to
this recognition."
NES recently finished a 10,000 square foot addition to
its current facility, bringing its total to 50,000 square feet. NES'
second location will be of a similar size and is located within walking
distance of the other facility. The additional area will allow NES to
nearly double its headcount and will allow NES to maintain its
excellent performance and service while adding new clients.
NES plans to add employees at a moderate pace to help
ensure proper training and the overall quality of its personnel. All
new employees will complete NES' rigorous training program and will be
held to the same high standards that has lead to NES' success.
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