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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.

Customer Accessibility Encourages E-Commerce Company Loop to Expand HQ in Ohio

Ohio-grown Loop plans to almost triple its workforce and continue to take advantage of customer connectivity through geographical proximity and direct flights
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Loop, an e-commerce company with the most advanced returns and exchanges app on Shopify, announced plans to grow its headquarters in Ohio. A new round of funding gave Loop the fuel to grow its headquarters and significantly increase its workforce. From Ohio, Loop is geographically close to customers while frequent flights keep the company connected to other major cities across the U.S. The company is reinvesting in central Ohio to continue benefitting from Ohio’s advantages.

Ohio’s Steel Industry Attracts Canada-Based Nova Steel

Nova Steel will build a new steel manufacturing plant and create 100 new jobs in Ohio
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Nova Steel was founded in 1979 and has grown as an industry leader in North America. Seeking market access, Nova Steel will invest $72 million to construct a 200,000-square-foot plant in northwest Ohio.

JobsOhio Releases 2019 Wages and 2018 IRS Form 990

JobsOhio is publishing the 2019 wage data for its associates
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JobsOhio remains committed to its renewed focus to be open, transparent and accountable. To that effort, in May of 2019, JobsOhio released the 2019 salary of J.P. Nauseef, JobsOhio president and chief investment officer as well as the compensation of the organization’s top executives. This information was released a year before it was required by statute. Today, JobsOhio is publishing the 2019 wage data for its associates, including the names and titles of its highest-paid executives. This information is being made available months earlier than the statute requires, in an effort to continue to earn the trust of partners and Ohioans across the state.

Midmark Expands Its Healthcare Manufacturing Footprint in Ohio

Expansion will connect two plants, supporting a safer environment that’s more conducive to innovation
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Midmark Corp., a leading provider of medical, dental and veterinary equipment, technology and services, will expand and modernize its Versailles, Ohio, operations by increasing its manufacturing capacity. Once completed, the plant will be annexed to a second existing facility, connecting Midmark engineers, designers and experts to develop new approaches, innovative technologies and proven solutions. This, in turn, will enable a better care experience for caregivers and patients in medical, dental and animal health industries.

Qualified Tech Talent Sparks New Intelliteach Investment in Ohio

Company CEO impressed by the number of qualified applicants
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Intelliteach, the leading provider of managed information technology and managed financial services to the legal community, has grown due to strategic investment in its operations. The company selected Maumee, Ohio, a suburb of Toledo, for its latest U.S. sales and support office. Maumee gives the company access to a large pool of qualified talent and proximity to an international airport.

Before & After: Renovations on Babcock & Wilcox’s Relocated Headquarters are Complete

After announcing the relocation in 2018, the new Babcock & Wilcox headquarters are ready
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In September 2018, Babcock & Wilcox evaluated several existing facilities, including its North Carolina headquarters, to determine what would best serve its long-term goals. When Akron and its partners rose to the occasion, Babcock & Wilcox made the decision to move its headquarters to Akron. The company’s chosen facility needed to be renovated. Almost a year and a half later, the renovations are complete, and Babcock & Wilcox is ready for business.