Media Relations

JSW Steel, India’s leading steel company, has proposed an investment of up to $500 million in acquiring, enhancing and upgrading Acero Junction Inc, an integrated steel manufacturing unit in Ohio.

Ohio’s vibrant biomedical sector led the Midwest bioscience industry in deal flow in 2017, according to an industry group report. Innovation and healthcare excellence are triggering a growing number of healthcare spinoffs that are enhancing the state’s entrepreneurial environment and helping to transform the state’s economy.

Union Metal Industries Corporation (UMIC) has acquired Union Metal Corporation, America’s oldest streetscape lighting manufacturer, founded in 1906 and will keep its operations in Canton.

$2 million will be awarded to Columbus-based Pillar Technology, who plans to use the economic development grant to accelerate the advancement of revolutionary intellectual property related to the development, testing and validation of connected, autonomous, and electric vehicles.

JobsOhio, a private nonprofit corporation that drives capital investment and job creation in Ohio, offers loans and grants through its revitalization program to companies that want to revitalize old buildings and brownfield sites. The loans and grants are available to projects that retain or create jobs, have funding gaps and/or address environmental risks.

JobsOhio today announced Nanogate SE, a Germany-based global specialist in design-oriented high-tech surfaces and components, will establish a new R&D center in Mansfield. Nanogate Jay Systems, the company’s U.S. subsidiary, plans to add the R&D center to its existing facility, where more than 400 employees design and manufacture high-quality automotive lighting and interior components for major automotive manufacturers in the United States, Europe and Asia. JobsOhio is supporting the project with a $2 million R&D Center Grant.