Success Stories
Encore Technologies Expands in Cincinnati (Again)
The Challenge
Encore Technologies is a leader in data center colocation, managed network services, and information technology professional services. Encore supports some of the region's most well-known brands (large and small) and was preparing for significant growth. Founded in 2014 and located in Norwood outside Cincinnati, Encore needed to add more full-time positions in information and cyber security, project and network management, and data center design to accommodate more work.
The Solution
With support from JobsOhio and REDI Cincinnati, Encore opted to expand for the second time in 10 years at its Norwood headquarters, with plans to add 170 new jobs with an annual payroll of $18 million while retaining 273 existing positions. The expansion allowed Encore to continue securing and supporting data needs for a range of industries, including healthcare, banking, retail, and education, while upgrading its capacity to take on new contracts.
By reinvesting in Ohio, Encore is strengthening the region’s already strong technology sector, an incubator of innovation and growth that currently contributes $4.8 billion in Gross Domestic Product and nearly 4,000 business locations.
Key factors in choosing Ohio included:
- Access to a pipeline of highly trained workforce talent, fueled by Ohio’s universities and trade schools that continually produce skilled STEM graduates
- Proximity to the many other technology companies that call Ohio home (and the many more currently building facilities here), which form a tech ecosystem that catalyzes innovation and creates supply chain advantages
- Business-friendly tax laws
- Best-in-class infrastructure, including abundant, affordable resources and a robust electrical grid
- A region less prone to the natural disasters that cause business disruptions
The Results
- Jobs Created: 170
- Total Payroll: $18 million
- Total Investment: $0 ($2 million in employee training)
- Economic Impact: Encore’s latest investment will bring a significant economic boost, revitalizing local businesses and creating hundreds of new jobs for local residents and the surrounding region.
- Strategic Advantage: Encore is taking advantage of the region’s cost-competitive operating environment, strong talent pipeline, and low cost of living.
“The City of Norwood is witnessing a transformation. Encore Technologies’ new investment will bring a huge economic boost, revitalizing our local businesses and creating hundreds of new jobs for our residents and the surrounding region. It’s not just about growth, it’s about opportunity – opportunity for everyone in our community to thrive.”
Norwood Mayor Victor Schneider