News

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.

Transcendia, Inc. Expands Manufacturing Operations in Ohio

Expansion will support growth with existing customers and opportunities in new sectors
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Transcendia, Inc., a global market leader in manufacturing specialty films, has announced plans to expand its facility in Hebron, Ohio, investing $41 million and creating 36 new jobs.

Matsu Ohio Increases Automotive Production Volume in Ohio

Matsu Ohio Increases Automotive Production Volume in Ohio

Northwest Ohio’s proximity to automotive customers was a key factor in the site decision
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Matsu Ohio, Inc. is part of Canada-based Matcor-Matsu Group and has obtained an array of opportunities to help current customers introduce new vehicles into the automotive market. The company will expand in Northwest Ohio, which puts them in a better position to reach these customers.

Peloton Announces First U.S. Factory in Ohio

Company will break ground in the summer of 2021 and create over 2,100 jobs in Northwest Ohio
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Peloton Interactive commits to building its first U.S. factory in Northwest Ohio.  The state-of-the-art facility will create over 2,100 jobs in order for the company to support capacity, quality, and economies of scale in bike and tread product lines.

Magnode Will Invest $41 Million to Expand in Ohio

Investment supports five-year vision to grow its aluminum operations four-fold and play a significant role in the Magnode-Shape global growth
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Magnode, an aluminum extruder and automotive supplier based in Trenton, Ohio, plans to create 171 new jobs and invest $41 million to establish a new facility in Trenton. The new facility will include manufacturing, inspection, and testing, and primarily focus on Magnode’s extrusion and post extrusion aluminum business.

Cincinnati-Based SentriLock Expands Due to Increased Demand

SentriLock to add 79 new jobs over the next three years to meet the demand for new electronic lockbox
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SentriLock, LLC, the leading real estate lockbox, showing service, and experience management solution provider, today announced its plans to add 79 new jobs over the next three years, and to invest $4,345,000 in the Cincinnati region.