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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
Companies from around the world view investing in the U.S. as a critical part of their business growth. After weighing options, many of these companies choose an Ohio location over other states. Modula, an Italy-based business with over 30 years of experience as a leading manufacturer of automated storage solutions, is one of them.
In 2015, Modula became the first manufacturer of vertical lift modules in North America with an investment in Lewiston, Maine. In 2019, Modula announced that it would invest $26.5 million to build its second U.S. manufacturing facility in Franklin, Ohio.
As part of the SelectUSA Investment Summit, an international event in Washington D.C. that attracts businesses from around the world, Ohio Governor Mike DeWine and JobsOhio President and CEO J.P. Nauseef virtually interviewed Antonio Pagano, CEO of Modula Incorporated, Modula’s U.S. manufacturing branch. Their discussion centers around about why Ohio’s culture and logistics assets benefit Modula, how partnerships in Ohio supported the investment, and why other companies should consider investing in the state.
Modula’s Ohio Success Story
After experiencing rapid growth over the past few years, Modula sought to better serve North America with a second U.S. location. With an advantageous geographic location close to customers and a strong infrastructure capable of supporting faster and more efficient product delivery, Ohio became the ideal state for Modula’s strategic expansion within the U.S.