Company achieved 12% growth in 2020 while making smart investments in its future
CLEVELAND – Nexus Engineering Group LLC, a full-service, independent engineering firm focused on the refining, midstream, chemical, energy, and manufacturing industries, grew 12% in annual revenue in 2020 and added 30 new team members, despite downward economic pressures caused by the worldwide pandemic. Heading into 2021, the firm has positioned itself for continued success as it prepares to support its clients with anticipated infrastructure and energy initiatives this coming year.
Nexus strengthened and expanded relationships with key clients in 2020, completing several major projects at both refining and chemical facilities throughout the midwest. The company also invested in engineering talent to support the expansion of its energy services offering to clients producing and using electrical energy–an area Nexus expects to grow significantly in 2021.
“During a tough year for our industry and our clients, we developed new capabilities and broadened our expertise through strategic hires,” said Jeff Herzog, Founding Partner and President of Nexus Engineering Group. “We also expanded our presence in Toledo and Canton, Ohio to better serve our clients across the region,” said Herzog.
Responding to COVID
The firm achieved this success amidst the disruption and uncertainty caused by the worldwide pandemic, and it sustained benefits and pay for its team without relying on layoffs, furloughs or PPP loans. Nexus pivoted quickly to remote operations, leveraging a strong technological foundation to continue delivering the level of service and insights their clients expect. The firm invested in new collaboration technology, and it offered team members additional resources to promote their physical and mental health. Nexus also supported team member-led initiatives to give back to their communities, including matching a company-wide fundraiser for nonprofits battling childhood hunger and poverty.
Investing in talent
Nexus grew its team by more than 20% in 2020, adding talent and experience throughout Cleveland, Maumee, Canton, and the upper Midwest. Continuing to diversify the firm by identifying and developing earlier career professionals and maintaining its strong entrepreneurial culture in a period of significant growth are important multi-year initiatives.
“We are committed to attracting the best engineering and client services talent at all stages of their career,” said Marianne Corrao, Founding Partner and Executive Vice President of Nexus Engineering Group. “It’s part of our culture to develop young professionals into the future leaders of our industry, and this helps Nexus balance our extensive industry experience with fresh thinking and approaches.”
Nexus is prepared to deliver for its clients as the industry slowly emerges from the pandemic. The firm’s priorities for 2021 include:
Helping clients improve their overall project performance
Supporting client’s environmental & carbon emissions goals
Offering specialized and technical support to enhance the client’s staff on site
Finally, in addition to celebrating their 15th year in business since cofounding Nexus in 2005, cofounders Herzog and Corrao closed out 2020 with a pair of awards recognizing their contributions to the industry and NE Ohio business community. Herzog received the 2020 Smart 50 award, recognizing the top executives of the 50 smartest companies in the Northeast Ohio region, and Corrao earned Women of Note recognition from Crain’s Cleveland Business for demonstrating “exceptional commitment to Northeast Ohio” and a passion for mentoring young engineers.
About Nexus Engineering Group, LLC
Nexus Engineering Group LLC, headquartered in Cleveland, and with offices in Maumee, Ohio, Canton, Ohio, and Houston, Texas, is a full-service, independent engineering firm focused on supporting clients’ specific project goals from concept to startup. Since 2005, clients have recognized Nexus as an engineering firm of choice in the refining, petroleum midstream, chemicals, manufacturing and energy industries.
With more than 150 professionals on staff, Nexus is made up of experienced process, instrumentation and controls, structural, electrical, mechanical, and piping professionals. Together, they offer decades of hands-on conceptual and detailed system design and construction and project management experience.
Nexus delivers project designs that reduce overall risks resulting in safer work environments. By utilizing state-of-the-art software and innovative design tools, Nexus consistently meets client project and investment requirements. Get to know us and you will agree that Nexus is not your typical engineering firm: “We think differently.”
For more information, visit www.nexusegroup.com