Nanjing Company Acquires US Company and Establishes Headquarters in Naperville, Illinois


A power tool company based in China will consolidate some of its North American offices to create a new headquarters in Naperville along the Interstate 88 corridor.

The 1203 E. Warrenville Road location built in 2015 for Swedish company SKF will become the new home of Chervon North America, part of Nanjing, China-based Chervon Holdings, one of the world’s largest manufacturers of power tools and related products.

The company produces the EGO line of cordless outdoor products, including snowblowers, lawn mowers, leaf blowers and trimmers sold at home improvement stores such as The Home Depot.

Joe Turoff, chief marketing officer for Chervon North America, said his company chose the site because it best fit the company’s needs.

“Considering the location of our current employees, Naperville seemed like the perfect city,” Turoff said.

The company plans to consolidate 75 workers from its current headquarters in Grand Rapids, Michigan, as well as from its offices in South Barrington and Geneva.

Another 37 employees will come from Chervon’s acquisition of Mount Prospect-based Robert Bosch Tool’s Skil and Skilsaw brands, which was completed Jan. 1.

Plans also are in the works to hire 25 new workers this year and another 75 over the next three years.

Read more…

Editorial Team

Our Editorial Team curates "news you can use" from hundreds of local newspapers, magazines, blogs and online sources, press releases, radio and TV news shows from around the world. We take great pride in being providing Daily Business Intelligence that's all business and no politics.

Leave a Reply

Your email address will not be published. Required fields are marked *