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Cincinnati Insurance Company Invests in Insurtech R&D in Ohio
Cincinnati Financial Corporation’s (Nasdaq: CINF) lead property casualty subsidiary, The Cincinnati Insurance Company, prides itself on delivering personalized experiences to clients. The company will expand its R&D operations to accelerate company-wide digital and data transformation, supported by a $2.5 million JobsOhio R&D Center Grant.
Lordstown Motors Corp. Receives Approval for Hub Motor and Battery Line
Lordstown Motors Corp., a leader in electric light-duty trucks focused on the commercial fleet market, moved another step forward in its plans to produce the Lordstown Endurance, the world’s first full-size, all-electric pickup truck. The Ohio Tax Credit Authority approved support for the project’s hub motor and battery line.
Digital Room Inc. Expands its Manufacturing Presence in Ohio
Digital Room Inc., the largest upload web-to-print business in North America, will expand its presence in Ohio by opening a new manufacturing facility in Northeast Ohio and creating 60 new jobs over the next three years as part of a $21-million project.
Walkenhorst’s Establishes Distribution Facility in Ohio
Located in Nevada, Walkenhorst’s has experienced steady growth over the last few years and needs the ability to scale and quickly reach customers in the Midwest and eastern coast.
Family-Owned Integrity Express Logistics Expands HQ in Ohio
Integrity Express Logistics, a family-owned logistics company specializing in local trucking with operational efficiency in custom logistics solutions, has experienced a high demand for shipping goods throughout the U.S., fueled by the coronavirus pandemic. The company plans to expand its headquarters in Southeast Ohio, citing the location’s logistics advantages, to meet the demand.
Germany-Based ALDI Expands in Ohio to Further Presence in U.S. Market
Headquartered in Germany, ALDI is America’s fastest growing grocer, according to the latest Market Force Information® U.S. Grocery Competitive Study. To meet the increased demand for its products across the U.S. and enter new markets, the company will grow its corporate office in central Ohio. The office primarily handles the company’s domestic real estate strategy for new markets as well as its existing store network.
