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.

JobsOhio Provides Support to JPMorgan Chase for New Fintech R&D Innovation Space

JobsOhio Provides Support to JPMorgan Chase for New Fintech R&D Innovation Space

JobsOhio R&D grant will help create environment for innovation and out-of-the box thinking
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JobsOhio awarded an R&D grant to JPMorgan Chase to support the creation of a new financial technology (fintech) R&D innovation space at The Point at Otterbein University. The space, which will create 75 to 100 full-time jobs, will foster innovation in fintech, give students the opportunity to engage in R&D, and support the commercialization of new ideas.

Ohio Is Poised to Lead the Way Into the Blockchain Age

New law protects firms developing innovative uses for blockchain technology
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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

Phillips Meat Processing Expands Driven by Kroger Demand

Renovation and expansion includes improved freshness, productivity and capacity
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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. Expands in Ohio, Praises Healthcare Workforce and Location

RhinoSystems Inc. Expands in Ohio, Praises Healthcare Workforce and Location

In-demand product influences lease of 65,000 square feet of space
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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.

Weastec, Inc. Invests $3 Million for New Research, Development and Testing in Ohio

Weastec, Inc. Invests $3 Million for New Research, Development and Testing in Ohio

JobsOhio provides an R&D Center Grant to support Ohio expansion
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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.

Columbus-Based Root Insurance Announces Significant Expansion in Ohio

Columbus-Based Root Insurance Announces Significant Expansion in Ohio

Insurtech disruptor plans to grow its workforce by more than 500 percent over the next three years
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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.