More than $175 million in capital investment poured into Northwest Ohio during the second quarter of 2018, setting up for a promising second half across the 17-county region. Businesses created nearly 1,000 new jobs which were spread across a number of major industries.
Northwest Ohio’s automotive industry led the way with 400-plus new jobs created, with investment exceeding $47 million. Hanon Systems in Wyandot County added 242 jobs for an expansion of its Carey, Ohio, plant.
The region’s advanced manufacturing industry attracted 155 new jobs with more than $40 million in capital investment. Grob Systems, a manufacturer of universal machining centers in Bluffton, constructed a new engineering office on site which created 70 new jobs.
Through the first six months of 2018, Northwest Ohio businesses have created nearly 1,700 jobs. And with several large projects in the existing pipeline, Regional Growth Partnership President Dean Monske expressed confidence in reaching targeted goals for the year.
“Along with our economic development partners, we’re strategically utilizing our resources more efficiently to identify and market to opportunities,” Monske said.
A mix of other second-quarter project announcements included: