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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.

Italy-Based Modula Will Invest $26.5 Million in Dayton Daily News Building

Dayton region’s location, industrial strength and economic development partnerships draw investment
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Modula, an international group with a headquarters in Italy that manufactures automated storage systems, purchased the Dayton Daily News building. Modula decided to invest in Southwest Ohio for its second U.S. location to expand its manufacturing capacity and increase its access to customers across the country.

PowerBuilt Material Handling Solutions Expands Headquarters in Ohio

The fast-growing automotive manufacturer is investing $2 million to stay competitive
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Driven by competition and major growth projections, PowerBuilt Material Handling Solutions LLC, an automotive components and materials manufacturer, will invest $2 million to expand its facility in Bellefontaine, Ohio, creating 43 new jobs.

Beam Technologies More Than Triples Workforce, Expands Headquarters

Company places emphasis on Ohio’s technology talent ecosystem
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Beam Technologies Inc., a next generation provider of dental insurance for small and medium-sized businesses, is growing. With many vibrant technology locations to choose from across the U.S., Beam has decided Central Ohio is the best place to expand its headquarters as it grows.

Ohio is a Top 10 Best State for Business in New Chief Executive CEO Survey

Since 2010, Ohio has jumped 34 spots to become the ninth best state for business according to CEO survey
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Ohio sits as the No.9 best state for business in Chief Executive magazine’s 2019 “Best and Worst States for Business” survey. Ohio’s strong growth in finance, manufacturing and logistics; its ability to supply the talent needed to support expanding businesses; and the state’s business-friendly environment support its jump of 34spots in the rankings since 2010.

Root Insurance Will Significantly Expand in Ohio, Add 400 Jobs

Following a great 2018, the insurtech company works to launch nationwide
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Root Insurance is the first car insurance company that uses smartphone technology and data science to determine insurance rates for drivers. The insurtech company recently received a valuation of $1 billion. Now, the Ohio-grown company is ready to take its customer-focused operations to the next step in Central Ohio.

Traction on Demand Increases Capacity and Adds Jobs in Ohio

Rapidly growing company expands services in a valued community
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One of North America’s largest independent Salesforce consulting and application development firms, Traction on Demand, is expanding its footprint in Dayton. In response to a growing demand for technology support among commercial and nonprofit organizations, Traction in Demand is building a new and larger office in Dayton and adding 80 positions.