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.

Ohio’s Unemployment Rate Was 5% in February 2021

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JobsOhio-OhioSE Site Initiative Supports Winchester Industrial Park Development

A $4.2 million grant will boost infrastructure improvements around the park
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The Winchester Industrial Park in Southeast Ohio’s Adams County has primarily been used for agricultural purposes but has the potential to be a viable site for corporate investment. With the support of a $4.2 million grant from the JobsOhio-Ohio Southeast Site Initiative, infrastructure improvements will be made to the site, improving its attractiveness to businesses.

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.