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Ohio continues to be recognized as a premier location for economic development in the U.S. Strong, statewide partnerships facilitate capital investment and job growth through leveraging Ohio's advantages. Read the latest news about these collaborative efforts throughout Ohio.
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Chiyoda Integre Chooses Ohio for its First U.S. Manufacturing Facility
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 GDP Grew by 6.4% in Q1 2021
Nexus Engineering Group Expands in Multiple Ohio Locations
Nexus Engineering Group LLC will expand both its downtown Cleveland headquarters and engineering operations in Maumee, Ohio, cementing the engineering group’s commitment to better serve clients in the region and engage with the Ohio’s diverse talent pool.
Findlay Machine and Tool Doubles Production Capacity Size in Ohio
Findlay Machine and Tool, a leading custom-injection molding company, will relocate to a new facility in Findlay which can accommodate its more than 30% annual growth rate. Company CEO Dave Feldman attributed the region’s inherent knowledge base in advanced manufacturing as a key factor it the decision to expand in Findlay, as well as the area’s proximity to market.
Midwest Molding Expands in Ohio to Accommodate New Customers and Increased Business
Midwest Molding, Inc. is moving all operations to its new 130,000-square-foot facility in Central Ohio to accommodate more production capacity and capabilities to meet anticipated growth over the next 5-10 years.
Ohio-Based Bold Penguin Expands HQ and Triples its Workforce
Bold Penguin, a Columbus, Ohio-based high-growth insurtech company changing the way small businesses obtain insurance, has announced plans to expand its workforce, creating 162 new jobs.