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Categories: Foreign Direct Investment

What Are the Advantages of Foreign Direct Investment in Ohio?

  

Ohio has attracted foreign direct investment (FDI) from companies in Europe, Asia, and other regions around the world. With the help of JobsOhio, the state’s private nonprofit economic development corporation, international companies can benefit from Ohio’s tailored services and incentives to support foreign investments in the state.

Ohio has 4 main strengths that contribute to success for businesses of all sizes and every industry: Business ClimateWorkforceLocation & Infrastructure, as well as Research & Innovation. Since 2013, JobsOhio and its partners have completed over 430 international corporate projects involving $10 billion in capital investment and over 28,000 jobs.

Ohio ranks 4th in the U.S. in Foreign Direct Investment (FDI) projects, according to Site Selection Magazine (2020). Here you will find all the investment statistics and information you need to keep up to date on how Foreign Direct Investments are being used throughout the state of Ohio.

Whether you represent a foreign company looking to expand its operations or make further investment in the United States, Ohio has many resources to support your next foreign portfolio investment in our state.

Chiyoda Integre Chooses Ohio for its First U.S. Manufacturing Facility

The Tokyo-based global parts supplier will gain greater proximity to its North American customer base
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Chiyoda Integre Co., Ltd., a Tokyo-based global parts supplier for industries ranging from automotive to telecommunications, plans to establish its first U.S. manufacturing facility in Lancaster, Ohio, investing $1 million and creating 15 new jobs over the next three years.

Ohio’s Location and Infrastructure Benefit Modula’s U.S. Growth

Ohio’s Location and Infrastructure Benefit Modula’s U.S. Growth

Antonio Pagano, CEO of Italy-based Modula Incorporated, speaks with Ohio Governor Mike DeWine and JobsOhio President and CEO J.P. Nauseef about the advantages of investing in Ohio
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Italy-based Modula sought to grow its presence in the U.S. In 2020, the company invested $26.5 million to build its second U.S. manufacturing facility in Franklin, Ohio. Antonio Pagano, CEO of Modula Incorporated, Modula’s U.S. manufacturing branch, discusses why Ohio’s culture and logistics assets benefit Modula, how partnerships in Ohio supported the project, and why other companies should consider Ohio.

Matsu Ohio Increases Automotive Production Volume in Ohio

Matsu Ohio Increases Automotive Production Volume in Ohio

Northwest Ohio’s proximity to automotive customers was a key factor in the site decision
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Matsu Ohio, Inc. is part of Canada-based Matcor-Matsu Group and has obtained an array of opportunities to help current customers introduce new vehicles into the automotive market. The company will expand in Northwest Ohio, which puts them in a better position to reach these customers.

Spain-Based Saica Group Will Establish Its First North American Facility in Ohio

Saica will construct a new, state-of-the-art corrugated manufacturing facility near Cincinnati
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Spain-based Saica Group is a world leader in the manufacture of high quality, efficient and environmentally responsible packaging materials. Until now, the company had yet to establish operations in North America. Saica will construct a new, state-of-the-art manufacturing facility in Ohio under its subsidiary name, Origin Venture.

Italy-Based Modula Will Invest $26.5 Million in Dayton Daily News Building

Dayton region’s location, industrial strength and economic development partnerships draw investment
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Modula, an international group with a headquarters in Italy that manufactures automated storage systems, purchased the Dayton Daily News building. Modula decided to invest in Southwest Ohio for its second U.S. location to expand its manufacturing capacity and increase its access to customers across the country.

German automotive supplier establishes Wooster plant as its U.S. center for advanced e-mobility development

German automotive supplier establishes Wooster plant as its U.S. center for advanced e-mobility development

Schaeffler Group Celebrates 40 Years in Wooster with Plant Expansion
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40 years after establishing its roots in the United States, Germany-based Schaeffler unveils its new, expanded facility. The high-tech facility will serve as the global center of competency for Schaeffler production.