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Economic Development News

Cincinnati secures 2,500 new jobs in 2008
“Despite the difficult national economic climate, Cincinnati had a very strong year of job creation,” Mayor Mark Mallory said. “Our city continues to be a very attractive location for business investment. Over the last few years, we have implemented a much more targeted and aggressive economic development strategy, and it is paying off.”

Humana to add 700 jobs
Already moving nearly 1,200 employees into its new building in Walnut Hills, Humana Inc. will add up to 700 more jobs in the region during the next three years.

Procter & Gamble largest worldwide advertiser
Procter & Gamble Co. ranked as the top advertiser in 2007, again, having spent almost $9.4 billion worldwide.

Schools among nation's elite
Walnut Hills High and Wyoming High again made it onto U.S. News & World Report's national list of 100 top public high schools, out today.

SpringDot buys Steinhauser printing division
Cincinnati printing company SpringDot plans to add up to seven employees and grow revenue to $8.5 million with the acquisition of two divisions of Steinhauser, a Newport-based competitor.

KZF Design moving downtown
KZF Design Inc. is moving its headquarters downtown as part of a $6 million expansion, the company announced today.

Multi-Color, Meridian on Forbes’ ‘Best Small Companies’ list
Two Cincinnati firms, Multi-Color Corp. and Meridian Bioscience Inc., have made Forbes magazine’s “America’s 200 Best Small Companies” ranking.

Smucker shareholders OK Folgers transaction
J.M. Smucker Co. shareholders have approved the financing mechanism for the company’s deal to acquire Procter & Gamble Co.'s Folgers coffee business, putting the food maker in line to close the transaction early next month.

Council paves way for Medpace move
Cincinnati City Council on Wednesday approved a tax incentive that will enable Medpace to
move to a new development in Madisonville.

Corporex to announce Baldwin expansion plans
Corporex Cos. said Wednesday it will announce the name of the lodging chain that will open a hotel at its Baldwin Professional Center, as well as renovations to two buildings in the complex, at a June 16 event.


Cincinnati metro unemployment dropped in April

The Cincinnati-Middletown metro area had one of the lowest unemployment rates in the state during April, according to figures from the Bureau of Labor Statistics.


Cincinnati Children's third in U.S. News' best pediatric hospital ranking

Cincinnati Children's Hospital Medical Center moved up in the 2008 listing of best pediatric hospitals in the United States, compiled by U.S. News & World Report.


Site Selection magazine ranks Ohio, Cincinnati tops for development

For the second year in a row, Ohio won the Site Selection Governor’s Cup, based on the number of new and expanded corporate facilities it recorded in 2007. The Cincinnati metro area placed second among “tier one” cities for its number of new and expanded facilities last year, the magazine said in a news release.


Metro area now Ohio’s biggest

The 15-county Cincinnati metropolitan area, which includes seven counties in Northern Kentucky and three in Southeast Indiana, now ranks as Ohio’s largest metropolitan area.


Walnut Hills, Wyoming high schools make Newsweek's Top 100 ranking

Two Greater Cincinnati high schools, Walnut Hills High School and Wyoming High School, are in the top 100 of Newsweek's best-performing U.S. high schools according to the magazine's May 25 issue.


Walking here is tops in Ohio - Cincinnati ranked 10th in country

Cincinnati was named the Best Walking City in Ohio and ranked 10th in the nation, according to a survey released today by Prevention magazine and the American Podiatric Medical Association.


Miami makes Business Week’s best business list

The Farmer School of Business at Miami University improved its ranking to 24th in BusinessWeek’s 2008 “Top Undergraduate Business Programs” list.


Xavier, UC make U.S. News’ best grad programs lists

The University of Cincinnati and Xavier University made several of U.S. News and World Report’s “Best Graduate Schools 2009” rankings for 2008.


BioEnterprise: Ohio 2nd in Midwest for medical device firms

Among Midwestern states, Ohio’s more than 600 medical devices manufacturers and distributors are second in numbers only to those in Illinois, a new industry analysis states.


Ohio jobless rate falls again

The Ohio Department of Job and Family Services is taking with a grain of salt a drop in the state’s unemployment rate to its lowest level in nearly two years.


P&G, four other local firms among Fortune’s ‘most admired’

Procter & Gamble Co., along with four other local public companies, are among the most admired companies in the U.S., according to Fortune magazine.

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