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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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Healthcare AI Provider Olive is Expanding, Creating 100 High-Tech Jobs in Ohio
After receiving over $32 million in venture capital support, Olive had to prepare for considerable projected growth. Olive needed more space as well as high-tech talent to accommodate a strong demand for its product across the healthcare industry.
InfoTrust is Cultivating Digital Analytics and Technology Talent in Ohio
With a growing demand for its services due to changing international laws, InfoTrust chose Southwest Ohio’s vibrant technology community for fast expansion and talent acquisition.
New COTSWORKS R&D Center Will Be a FORCE in Aerospace Optoelectronics
As pressure from international competitors closed in on COTSWORKS, the company began seeking ways to build an R&D center. With support from a JobsOhio R&D Center Grant, COTSWORKS will establish its Fiber Optic Research Center of Excellence, or FORCE, which will be dedicated to aerospace optoelectronics. This facility will grow Northeast Ohio’s high-tech manufacturing capability and workforce and enable the company to better serve customers such as Boeing and Lockheed Martin.
JobsOhio Provides Support to JPMorgan Chase for New Fintech R&D Innovation Space
JobsOhio awarded an R&D grant to JPMorgan Chase to support the creation of a new financial technology (fintech) R&D innovation space at The Point at Otterbein University. The space, which will create 75 to 100 full-time jobs, will foster innovation in fintech, give students the opportunity to engage in R&D, and support the commercialization of new ideas.
Ohio Is Poised to Lead the Way Into the Blockchain Age
On Aug. 3, Ohio Governor John Kasich signed legislation that will stimulate business investment in blockchain technology to transmit and store electronic records in a wide range of industries. The new law makes Ohio one of the first U.S. states to provide legal protection to firms developing new uses for this cutting-edge technology
Phillips Meat Processing Expands Driven by Kroger Demand
Phillips Meat Processing is renovating and expanding its current facility in to include a freezer, blast chiller and smoker room, as well as more capacity for production. This growth is due in large part to requests from major food retailer and customer, Kroger, which wants more products to sell in stores.