On Aug. 3, Ohio Governor John Kasich signed legislation that will stimulate business investment in blockchain technology to transmit and store electronic records in a wide range of industries. The new law makes Ohio one of the first U.S. states to provide legal protection to firms developing new uses for this cutting-edge technology
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.
Phillips Meat Processing is renovating and expanding its current facility in to include a freezer, blast chiller and smoker room, as well as more capacity for production. This growth is due in large part to requests from major food retailer and customer, Kroger, which wants more products to sell in stores.
RhinoSystems Inc. (RSI) is behind Naväge Nasal Care, a successful medical irrigation device featured on TV and popular sales platforms. The company’s growth prompted the search for a new location for its headquarters and manufacturing facility. RSI is leasing over 65,000 square feet of space and creating 117 jobs in Ohio.
A Japanese auto parts company plans to take its company to the next level by making automotive technological advances right here in Ohio. Weastec, Inc. announced plans to invest more than $3 million to expand in central Ohio with its first-ever R&D center in the United States.
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, 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.