AddUp, Inc chooses Ohio for its centralized operations and North American Headquarters
AddUp, Inc., the U.S. subsidiary of AddUp, a global manufacturer of metal 3D printing equipment and supplier of 3D printed parts, will establish its North American headquarters in Blue Ash, Ohio, at the current location of AddUp’s other U.S. subsidiary, BeAM, Inc.
The $70 million investment is a strategic move to put Ashley closer to customers
Ashley Furniture Industries, Inc., the largest manufacturer of furniture in the world, will build a new one million-square-foot warehouse to serve a variety of needs, including e-commerce fulfillment and store shipments in Central Ohio. The piece will put the company close to almost half of the U.S. population within a day’s drive.
Planned $550 million investment to support long-term growth
Nestlé Purina PetCare will invest $550 million to build a new 1.2 million square-foot-facility in Williamsburg Township, Ohio, to meet increasing demand for its high-quality, nutritious pet foods. The factory will produce leading dry dog and cat food brands, including Purina Pro Plan, Purina ONE, and Dog Chow. Purina plans to employ more than 300 people at its new factory location by 2024.
The cloud-based custom software company has aggressive growth and hiring plans
Clarus R+D, a cloud-based custom software company that helps businesses claim the federal R&D tax credit, is making a big shift in its operations. Clarus R+D must aggressively grow and hire at a moment when the company is experiencing a significant increase in demand. It will do so in Central Ohio.
Investment will help the company form tighter bonds with its existing customers and expand its customer base
OMEC Smart Card, LLC, a Shanghai-based leading smart card, tag, and token manufacturer and designer serving customers worldwide, will invest in Northeast Ohio creating its first North American facility. The company cited a business-friendly environment, available talent, and access to markets as reasons for the decision.
Eco-friendly, family-owned TCI of Ohio will add square footage and invest in M&E to support process and warehouse inventory
Established in 2006, Trans-Cycle Industries (TCI) of Ohio is a family-owned one-stop management solution for the recycling and disposal of transformers and other oil-filled electrical equipment. “Since our market entry in 2017, TCI of Ohio has seen rapid success and growing contracts,” said TCI of Ohio Owner George Jackson. Added square footage to its headquarters in Columbus will help the company meet the rising demand for its services.
Launched out of Bowling Green State University, Satelytics Inc. grows to pursue more applications for its technology
Founded as a start-up out of Bowling Green State University in 2009, Satelytics uses high-resolution spectral imagery from satellites, drones, and other platforms to provide critical data to multiple industries. The company initially focused on monitoring the world’s water supplies but leaders realized the greater potential of the technology. Satelytics will expand in Northwestern Ohio to begin business with other industries.
The production of advanced oxygen therapy solution will create new jobs
Invacare, a global leader in the manufacture and distribution of innovative home and long-term care medical products, plans to grow at its headquarters in Elyria with the expansion of a new oxygen concentrator to address rising global demand for respiratory equipment.
Headquartered in Cincinnati with offices in NYC, Luma expands due to substantial growth
Luma Financial Technologies offers a digital platform that enables its customers, made up of banks, brokers, and financial advisers, to manage and sell structured financial products. Although its employees are mostly working remotely, it will need to added space to accommodate growth. Luma will expand at its home in Cincinnati.
Ohio’s geographical location and infrastructure prove critical to logistics operations
Founded in Columbus in 2017, BBI Logistics helps customers find the most cost-effective and reliable carrier, while also maximizing load potential for carriers. BBI Logistics must seamlessly serve its current and growing customers while continuing to scale. Ohio’s central location and infrastructure are among the best in the U.S. and are competitive advantages for BBI Logistics.