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.

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.

FIS Commits to Ohio for its Strategic Technology and Innovation Campus

FIS, JobsOhio and REDI Cincinnati secure company’s long-term strategic presence in Cincinnati.
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FIS™, a Fortune 500 company, is a leader in fintech solutions for institutions and firms globally. After acquiring Worldpay in 2019, FIS wanted somewhere to successfully carry out its long-term growth plans and to deepen leadership in fintech innovation. With the help of JobsOhio and REDI Cincinnati, FIS has committed to Ohio and will continue to hire the region’s top tech talent and collaborate with the community for a fintech future.

Surgere, Inc., a Leading Supply Chain Technology Company, Expands in Ohio

Company drawn to Ohio’s workforce, colleges, universities and quality of life
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Surgere, Inc. — developers of asset visibility, control and analytics software utilizing AI technology — experienced hyper-growth over the past two years. The company plans to expand its operations in Green, Ohio, which has an excellent workforce and education presence, as well as a community that will benefit its employees.

Case Farms’ Ohio Expansion to Help Company Serve Growing Customer Demand

Ohio’s reliable workforce convinces poultry processor to expand in state
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Case Farms signed a contract with a new customer who has seen major growth, and is re-tooling an existing Ohio plant. Building an addition to its processing area and adding a large new storage freezer will meet the needs of Case Farms’ specific customer.

Fast Growing Fintech Company, Fund That Flip, Expands in Ohio

Business-friendly environment and talented workforce key in decision
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Fund That Flip — a technology, real estate and financial services company — is dedicated to providing real estate developers with new sources of capital and software. The company wants to broaden its product offering and technology-driven solutions and has decided to expand an existing office in Ohio for its growth.

Precision Castparts Corp. Establishing New R&D Campus for Aviation Engineering and Manufacturing in Mason, Ohio, R&D Park

The new $128 million lab will be close to clients and resources to build a strong talent pool
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Precision Castparts Corp. (PCC), a global manufacturer of complex metal components and products for critical aerospace and industrial markets, is investing $128 million in a new 31-acre R&D and manufacturing campus in Ohio. Business and economic development partnerships as well as proximity to multiple clients and commercial diverse engineering firms created the ideal environment for the company to test a new integration model.