NAE Announces Major Expansion Plans
STRONGSVILLE, Ohio — National Automotive Experts has purchased a new building and is planning to greatly expand its offices later this year, RV Daily Report has learned.
The company that offers the RV Warranty Forever program, as well as several other products, including ancillary and service contracts for the RV industry, has outgrown its 24,000-square-foot office and will move into a 56,000-square-foot building. NAE will occupy 34,000-square-feet of that space.
“This is our third location on Dow Circle,” said Kelly Price, CEO of National Automotive Experts. “Ironically we started in a little 7,500-square-foot office directly across from the building we purchased.”
The building was acquired for $4.2 million and will require $1.5 million in renovations and code upgrades.
Cuyahoga County Executive Ed FitzGerald approved a $1.5 million loan from Cuyahoga County’s Western Reserve Fund to assist NAE with the purchase.
“National Automotive Experts has called Northeast Ohio home since its founding in 1996, and we are delighted that this Western Reserve Fund loan will enable them to continue growing jobs here for years to come,” said FitzGerald. “We will continue building on this record of success, and use the largest countywide economic development fund in Ohio to support good-paying jobs for middle class families.”
NAE, which sells and administers service contracts and warranties to dealerships for autos, motorcycles, and RVs, plans to create 43 new jobs in the next few years after the expansion.
The company currently employs 95 people to personally welcome new customers into their programs, administer claims and work with agents around the nation who represent NAE products.
“We are really excited to move into this building because we have been bursting at the seams for quite some time in our current facility,” said Price. “It has been hard for us to keep up with the demand for RV Warranty Forever and our other product lines.
“The expansion will enable us to better serve our customers for many years to come,” she added.
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