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.

Invacare Grows at Its Northeast Ohio Headquarters

The production of advanced oxygen therapy solution will create new jobs
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Invacare, a global leader in the manufacture and distribution of innovative home and long-term care medical products, plans to grow at its headquarters in Elyria with the expansion of a new oxygen concentrator to address rising global demand for respiratory equipment.

Luma Financial Technologies Doubles Workforce at Ohio HQ

Headquartered in Cincinnati with offices in NYC, Luma expands due to substantial growth
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Luma Financial Technologies offers a digital platform that enables its customers, made up of banks, brokers, and financial advisers, to manage and sell structured financial products. Although its employees are mostly working remotely, it will need to added space to accommodate growth. Luma will expand at its home in Cincinnati.

BBI Logistics Expands, Plans to Nearly Quadruple Its Workforce in Ohio

Ohio’s geographical location and infrastructure prove critical to logistics operations
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Founded in Columbus in 2017, BBI Logistics helps customers find the most cost-effective and reliable carrier, while also maximizing load potential for carriers. BBI Logistics must seamlessly serve its current and growing customers while continuing to scale. Ohio’s central location and infrastructure are among the best in the U.S. and are competitive advantages for BBI Logistics.

Colgate-Palmolive Upgrades its Liquid Hand Soap Production at Ohio Facility

Due to the coronavirus pandemic, Colgate-Palmolive is looking to meet a rising demand for liquid hand soap
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As a result of the coronavirus pandemic, sales of liquid hand soap and sanitizers have surged across the U.S. and several international markets. Colgate-Palmolive Company sought to increase its production capabilities in order to meet this demand. The company will invest in its southeastern Ohio facility in Cambridge.

Forward Air Chooses Ohio to Unify and Centralize Distribution and Office Operations

Forward Air grows within the Rickenbacker industrial complex, central within multiple markets and already a major hub for the company
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Forward Air has emerged as a national leader in providing logistics services for a diverse customer base in the North American air freight and expedited less-than-truckload market. With hundreds of facilities and fragmented offices, the company has a large real estate portfolio and needs to centralize operations and accommodate current and expected growth. The company chose Ohio, the home of its largest hub, for expansion.