Category : Manufacturing Minute

Manufacturing Minute

Lordstown Motors Gets a Second Chance

EV truck maker to get $400 million from hedge fund By Terry Troy Following what could only be described as a tumultuous six weeks, it looks like Lordstown Motors near Warren may not be dead after all. The company will be receiving an infusion of $400 million from a hedge fund managed by New Jersey-based […]

Manufacturing Minute

Molding a New Future

Findlay plastic manufacturer invests $7.2 million to expand By Terry Troy Findlay Machine and Tool (FMT), a plastic injection molding company, will invest $7.2 million to further expand its operations in Findlay, adding 50 jobs. This will bring the company’s total local investment to over $40 million over the past 36 months. With the expansion, […]

Manufacturing Minute

Six Factors for Successful Adoption of M4.0

National Association of Manufacturers offers some insight By Terry Troy Like it or not, the fourth industrial revolution is here. Manufacturers that fail to familiarize themselves with it will be left behind. In a world that only speeds up, manufacturers need to embrace technologies that let them shift operations quickly and seamlessly. Manufacturing 4.0 (M4.0) […]

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Manufacturers Expand in Columbus, Cincinnati

Palmer-Donavin and Heartland Steel Products announce investments in Ohio By Terry Troy Two manufacturers, one a manufacturer of custom warehouse solutions, the other a leader in building materials distribution and door fabrication, have announced plans to invest almost $1.5 million to existing operations in Ohio. Heartland Steel is investing $650,000 to expand production capacity at […]

Manufacturing Minute

Peddling its Pedals

Peloton to break ground on first factory in Ohio By Terry Troy Troy Township in Wood County will be the site of Peloton’s first manufacturing facility in Ohio, the company announcing that it will break ground on a new facility this summer. The $401 million capital investment is expected to bring over 2,100 jobs to […]

Manufacturing Minute

Backed Up Ports Causing Manufacturing Delays

Raw materials stuck in transit costing economy billions By Terry Troy While we all heard about the ship stuck in the Suez Canal causing a supply chain backup, the problem still is more widespread and dire across many of our nation’s major ports. According to the National Association of Manufacturers (NAM) the massive traffic jam […]

Manufacturing Minute

Senators Team Up for Manufacturers

Rare bipartisan bills offer government support By Terry Troy Manufacturers are receiving rare bipartisan support in the U.S. Senate as three senators from either side of the aisle are working on legislation that will help streamline and codify the help the national government gives manufacturers not only in Ohio, but across the country. U.S. Senators […]

Manufacturing Minute

Two Companies Bolster NEO Manufacturing Base

Ardagh Group and Edge Plastics add jobs in region By Terry Troy Two companies are bringing manufacturing jobs to Northeast Ohio, according to Team NEO, the private, nonprofit economic development organization for the region. Ardagh Group, a global leader in infinitely recyclable metal and glass packaging solutions, has purchased a facility in Huron outside of […]

Manufacturing Minute

Playing It Cool

KyotoCooling’s new Norton facility brings 100 new jobs By Terry Troy KyotoCooling has opened a new manufacturing facility in Norton near Akron, which will bring 100 new jobs to the region. KyotoCooling is a leading provider of water-free cooling technology for data centers around the world. The global company, based in Dallas, had already established […]

Manufacturing Minute

Trailer Manufacturer Adds 249 Jobs

American Trailer World invests $18 million in Batavia Township By Terry Troy Batavia Township will soon be home to a new trailer manufacturing facility for America Trailer World (ATW), a project that will create 249 jobs in this township located just outside of Cincinnati. ATW, which manufactures trailers, truck equipment and related parts and accessories, […]