By Mike Boyer
The Cincinnati Enquirer
Givaudan SA, the flavor maker, has acquired TechSolve Inc.'s Bond Hill building, a move that gives Givaudan room to expand and allows TechSolve to move into a new building in its office park, east of Paddock Road.
The Swiss-based flavor company, whose North American headquarters and research lab is next door to TechSolve on Edison Drive, paid $4.5 million for the 65,000-square-foot TechSolve building, said Gary Conley, president of the nonprofit organization that helps manufacturers and suppliers improve their competitiveness.
TechSolve already has begun work on a new 22,000-square-foot building at 6705 Steger Drive, across Paddock Road from the existing building.
Conley said that while the new $2.5 million building is smaller, it will be more efficient and better suited to TechSolve's operations.
When TechSolve built the Edison Drive building in the mid-1980s, its mission was considered research-oriented, so the building includes a lot of laboratory space.
Conley said TechSolve's role - which is being expanded by the state of Ohio - now is training oriented, so it needs more classroom and office space.
Givaudan, which a year ago acquired Nestle's Food Ingredients Specialties business, employs 700 in Greater Cincinnati, including 350 at the 175,000-square-foot building on the TechSolve campus.
Jeff Peppet, Givaudan spokesman, said the company plans to move its savory flavors research group, employing 40, and another 60 in its finance and management information systems organization, now in Blue Ash, into the TechSolve building.
Conley said TechSolve, which employs 40, expects to move into its new building by December.
The new building will include room for TechSolve's machine tools and a conference room seating up to 150, he said.
Additionally, he said, TechSolve, which is supported by members and by federal and state money, hopes that its move will spur development of the remaining 60 acres in its office park. Six companies now have buildings in the development.
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