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.

KyotoCooling Will Expand Its Manufacturing in Ohio

The state’s manufacturing talent pool, logistics, and business-friendly environment played key roles.
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KyotoCooling, a leading provider of water-free cooling technology for data centers around the world, has opened a new manufacturing facility in Northeast Ohio. KyotoCooling considered other locations for its new facility but found that the Ohio had offered the greatest benefits to its manufacturing operations.

Thomas Steel Strip Invests in Ohio’s Electric Vehicle Market

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Thomas Steel Strip, a subdivision of Tata Steel, sees great opportunity for the rechargeable battery market, as electric vehicles gain popularity and homes become more reliant on sustainable power sources. To do so, it will invest in Northeast Ohio, a growing electric vehicle hub, to set itself up for success as it enters the rechargeable battery market.

Why Companies Are building Second HQs in Ohio

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CeramFab/WYG Refractories Onshores Manufacturing in Ohio

Company brings manufacturing production back to the U.S. following an increased demand for its products
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CeramFab/WYG Refractories – makers of ceramic fiber materials and refractory brick for the steel, aluminum, foundry, appliance, HVAC, and other industries – has announced plans to add 45 new jobs to its manufacturing and fabricating operations in East Palestine. The growth is the result of the company’s strategic plan to onshore production of several high demand products.

Ohio Won the 2020 Site Selection Governor’s Cup

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Northwest Bank Expands Operations in Ohio

Northwest Bancshares, Inc. expands in Columbus to be more centrally located within the banks operating network
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Northwest Bank, a full-service financial institution that offers a complete line of business and personal banking products, insurance services, employee benefits and investment management, has announced plans to relocate its holding company headquarters (Northwest Bancshares, Inc.) to Columbus, Ohio, from Warren, Pennsylvania.