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.

Growing Aerospace Manufacturer Hydro-Aire Expands in Ohio with Over $8.5 Million Investment

Company will construct a second facility adjacent to its existing Elyria location
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Hydro-Aire Inc. — a division of Crane Aerospace & Electronics — has been doing business in Elyria for more than 100 years. At capacity in its current facility, the company is adding a second building to grow its product lines.

TRC’s New Smart Mobility Advanced Research and Test (SMART) Center is Ready for Action in Ohio

The state-of-the-art testing facility specifically for automated and connected vehicles opens its doors
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The Transportation Research Center, North America’s largest automotive proving ground, cut the ribbon on its Smart Mobility Advanced Research and Test (SMART) Center. The SMARTCenter is designed to test advanced automotive and mobility technologies in a safe, secure and replicable real-world environment before the vehicles are deployed on public roads and highways.

RIA in a Box Expands, Adds 90 Jobs in Ohio

Leading financial compliance software company based out of New York City will grow in northeast Ohio
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New York City-based RIA in a Box provides compliance software to the wealth management industry. After being acquired, the company is positioned for further growth. RIA will grow in its northeast Ohio location, thanks to the area’s fintech ecosystem and talent pipeline.

United Candle Company Moves Production to Ohio, Creates 100 Jobs

Company will make candles for some of the most well-known, brand-name retailers
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USA Tealight is moving production from New Jersey to Ohio and operating as United Candle Company. Due to customer preferences, the company is expanding its product line. To expedite production and save costs, the company is moving to Ohio and taking over the assets of the former Lumi-Lite Candle Company in southeast Ohio.

Consolidated Precision Products Expands in Ohio, Pledges 128 Jobs

Aerospace and defense component manufacturer’s new facility will use state-of-the-art automation
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To meet new market opportunities, Consolidated Precision Products needed to construct a new advanced manufacturing facility for aerospace and defense customers using state-of-the-art robotic and automation technology to produce in-demand products at competitive market prices.

Ohio Attracts Global Outsourcing Leader Williams Lea, Drawing 500 Jobs

New 60,000-square-foot location will provide services to clients globally
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Williams Lea provides global business-critical support services to financial, legal and professional firms. Its company growth propelled the search for an expansion in a new market with long-term economic feasibility. The UK-based company will continue to provide world-class services and support to clients in Columbus.