WASHINGTON – Modula, an international group with an Italian HQ, that manufactures automated storage and retrieval systems, announced on June 11th at the SelectUSA Conference in Washington, D.C., that it will invest $26.5 million in a new manufacturing and logistics hub at a vacant facility in Franklin, Ohio, where it will create 100 new jobs. Modula Inc. Chief Executive Officer Antonio Pagano, who was joined by U.S. Secretary of Commerce Wilbur Ross, Ohio Governor Mike DeWine, and JobsOhio President and Chief Investment Officer J.P. Nauseef, said that Southwest Ohio would be the company’s

Reshoring allows companies to take advantage of tax incentives, employ skilled workers and innovate while protecting their intellectual property. For some, the ability to operate facilities using inexpensive natural gas now makes U.S. locations far more cost-effective than ones abroad where electricity and coal are considerably more expensive. Eliminating import duties and reducing transportation costs can also improve profitability, enabling manufacturers to lower product prices and finance new R&D. In short, manufacturers are looking at the total cost of off-versus-re-shoring and seeing

Bonfiglioli Riduttori S.p.A., the Bologna, Italy-based leader in power transmission for mobile and self-propelled machines, announced that it will be expanding its Hebron, KY operations in Q4 2014. The expansion will include the progressive addition of new production lines of planetary gearboxes for mobile machinery to support the construction, mining, agricultural and forestry industries. The expansion will create dozens of new jobs for the northern Kentucky region. The Hebron production line will be the first line of manufacturing in the U.S. for Bonfiglioli and will increase the Company’s

Under the terms of the agreement, Tarter will manufacture selected product lines from Feraboli for which Feraboli will provide its proprietary technologies and knowledge. These products will be distributed to Tarter's and Feraboli's customers throughout the United States. As Josh Tarter, Vice President of Tarter Farm and Ranch Equipment stated in the company's recent press release, "The agreement is that kind in which everyone wins; Tarter Farm and Ranch Equipment will be able to leverage on the industry proven equipment and technology provided by Feraboli while furthering the business. On the

Feraboli Equipment of Cremona, Italy has reached an agreement with Tarter Farm and Ranch Equipment based in Dunville, Kentucky. Under the terms of the agreement, Tarter will manufacture selected product lines from Feraboli for which Feraboli will provide its proprietary technologies and knowledge. These products will be distributed to Tarter's and Feraboli's customers throughout the United States. As Josh Tarter, Vice President of Tarter Farm and Ranch Equipment stated in the company's recent press release, the agreement is that kind in which everyone wins; Tarter Farm and Ranch Equipment will