Accelerating Automotive Performance
For global automotive manufacturers and suppliers looking to accelerate their performance in today’s competitive automotive marketplace, all roads lead to Ohio.
The auto industry in Ohio is thriving with continued investment in new technology to fuel the industry, making Ohio an ideal location for companies seeking the assets most important to accelerate success. In Ohio, companies can:
- Access to the automotive supply chain. The entire automotive supply chain is represented in Ohio, putting companies in close proximity to many of their suppliers and customers. Ohio’s location and integrated transportation infrastructure enable Ohio companies to quickly, reliably and cost-effectively reach their customers and suppliers outside of the state.
- Utilize an innovation ecosystem. Ohio offers next generation resources and collaborative partners investing in ongoing connected and autonomous vehicle research, development and testing.
- Employ an educated workforce. A quality workforce is available at 10 percent lower wages than the national average for the top 10 auto occupations.
- Seize a competitive business climate. Ohio is distinguished by the lowest tax rate on new capital investment in the Midwest.
Acura, a division of American Honda, is manufacturing its next-generation supercar – the NSX – in Marysville. Located in the midst of Honda’s existing R&D, engineering and production operations sits the Performance Manufacturing Center, a $70 million advanced manufacturing facility created specifically to build the dream supercar.
Hematite Inc., a Tier 1 automotive supplier and manufacturer based in Ontario, Canada, is investing $18 million to build a 106,000-square-foot manufacturing facility in Englewood. The facility, which will employ 100 full-time workers within three years, is Hematite’s first in the United States and will serve as the company’s U.S. headquarters as it expands its presence in the United States.
40 years after establishing its roots in the United States, Germany-based Schaeffler unveils its new, expanded facility. The high-tech facility will serve as the global center of competency for Schaeffler production.
The Transportation Research Center (TRC) will include a 540-acre Smart Mobility Advanced Research and Test (SMART) Center. The center will include testing of highly automated vehicles in a closed, safe and repeatable environment before being deployed into the real world.