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.

Carvana Invests More Than $23 Million to Grow in Ohio and Create 400 Jobs

E-commerce platform for buying and selling cars comes to Heath
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Carvana is a leading e-commerce platform for buying and selling used vehicles. In as little as 10 minutes, consumers can shop more than 15,000 vehicles, finance, purchase, trade in or sell their current vehicle and schedule as-soon-as-next-day delivery or Car Vending Machine pickup. One of the company’s differentiating features is their customer pick up option: a fully automated, coin-operated Car Vending Machines. To add capacity, the company sought a prime Midwest location for a large, centrally located distribution and services center to support its fast-growing online business.

AT&F Advanced Metals Invests $3 Million to Expand in Ohio

World-class metal fabricator prepares for demand increase resulting from regulations change
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AT&F is a world-class metal fabricator, providing quality steel products and components to a wide range of heavy industrial manufacturers. AT&F will expand its operations with additional square footage and jobs for the manufacturing of specialty equipment containing exotic alloys made for use in corrosive environments.

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.