The London Stock Exchange Group’s ELITE, a business growth platform, chooses Cleveland as its new Americas headquarters, to reach the Americas markets, while expanding its business and capital raising education initiative to Ohio’s most innovative small to medium-sized enterprises.
Modula, an international group with a headquarters in Italy, has seen impressive growth since 2014, with a particular spike in activity originating in North America. Looking to capitalize on North American interest, Modula started to search for a location to put a second U.S. manufacturing facility. Modula chose the Dayton Daily News building in southwest Ohio which had everything the company needed and more.
The Schaeffler Group, a global automotive and industrial supplier based in Germany, has been shaping the economic landscape in Wooster since it opened a plant there in the 1970s. Schaeffler announced it will expand its plant by 91,000 square feet and add 250 jobs.
Over the past few years, some of the world’s most recognizable fashion, lifestyle and home-goods brands have opened operations in central Ohio. The region’s logistics infrastructure and proximity to markets make it an ideal location for corporate offices, back-office operations, and fulfillment and distribution centers. When executives at Bleckmann, a third-party logistics and distribution company based in Europe, wanted to establish a North American presence, they chose Ohio over neighboring states for the site of their first U.S. distribution center.
As a growing biopharmaceutical company that makes medicines for mental illness and addiction, Alkermes is planning to expand its existing manufacturing facility in Wilmington to meet an increasing demand for its products. The expansion adds more than 90 new jobs to the existing 440-person workforce.
Earlier this year, Nestlé, the world’s largest food and beverage company, spent $16.8 million to expand its Solon, Ohio campus. As part of the expansion, Nestlé relocated 300 jobs of its technical and production organization and all supply chain teams from California to the Solon campus, which now employs more than 2,000 employees.
In 2014, German automotive supplier Borgers AG began searching for a location to build its second North American manufacturing facility. Werner Borgers, company CEO and a fifth-generation member of its founding family, had just started thinking about the search when representatives from JobsOhio came to his company’s headquarters in Bocholt, Germany.
Speyside has provided the whisky industry – scotch makers in Scotland and bourbon makers in the U.S. – with barrels made of American oak since 1947. Acquired by France-based Tonnellerie Francois Frères Group in 2008, Speyside established its rst U.S. cooperage in Shepherdsville, Ky., in 2010.