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Columbus-Based Root Insurance Announces Significant Expansion in Ohio
Root Insurance is a fast-growing insurtech company that provides customers a personalized car insurance rate based primarily on their driving behaviors. Founded in Ohio in 2015, Root Insurance is now available in 17 states. To meet the growing demand for its product, Root recently announced a significant expansion in Ohio. The company credits its choice to reinvest in Columbus to the quality of the region’s workforce and the city’s rapidly growing reputation as a tech startup hub.
Dollar Tree is Bringing 400 Jobs to Morrow County
Dollar Tree, one of the nation’s largest discount retailers, is building a distribution center in Morrow County. The company is investing $125 million to build the 1.2-million-square-foot facility, which will create 400 jobs. Dollar Tree was attracted to the site because it offers easy access to both its network of stores and a large and available talent pool.
Spray Products Acquires New Facility with Revitalization Support
Spray Products Corp. has acquired a facility in Medina to accommodate its rapid expansion. Local, regional and state partners came together to support the revitalization of a vacant Valspar spray facility, which is an ideal fit for Spray Products’ production needs.
Kadant Consolidates Manufacturing and Office Operations
Kadant Black Clawson has opened a new facility in Lebanon, Ohio. The facility is a consolidation of office and manufacturing operations from facilities in Alabama, Sweden and around Ohio. Kadant Black Clawnson believes this will improve operating efficiencies, give them access to quality talent and be able to accommodate future expansion.
Ohio’s Biomedical Industry Is a Leader in the Midwest
BioEnterprise’s Midwest Healthcare Growth Capital Report 2017 shows Ohio with high biomedical investment numbers. Large investments and numerous new deals reinforce that Ohio is an authority in health care.
Automotive Supplier Topre Goes Big on Second Expansion
Topre America, a U.S. branch of the Japan-based automotive steel supplier Topre, has expanded its plans for investment in a revitalized manufacturing site in Springfield, Ohio. The company’s vice president says the site’s automotive manufacturing history makes it the ideal spot for the investment.
