SerpApi.Org
Defense manufacturer Beehive Industries is adding 200 local jobs with a $70 million investment in Southwest Ohio.
Why it matters: The investment adds to the region's growing role as an aerospace and advanced manufacturing hub, anchored by Wright-Patterson Air Force Base, Cincinnati/Northern Kentucky International Airport, and GE Aerospace.
Zoom in: Beehive manufactures 3D-printed jet engines for uncrewed defense aircraft.
- The local expansion builds on Beehive's recent acquisitions of Able Tool Corp. in Lockland and Planet Products Corp. in Blue Ash.
- Beehive also has a 39,000-square-foot research and development center in Loveland.
State of play: Beehive plans to expand all three local facilities while adding a new 100,000-square-foot site at an undetermined location in Greater Cincinnati, company spokesperson Alex Walker tells Axios.
- The goal, according to Beehive chief product officer Gordie Follin, is to create a regional production machining center.
What they're saying: "Our success is fundamentally tied to the caliber of the workforce we are building in Southwest Ohio," Follin said in a statement.
- "This expansion allows us to pair our advanced additive manufacturing technology with the deep technical expertise found there."
What's next: JobsOhio says it's working with the state to develop an incentive package for Beehive.
- Beehive plans to seek a job creation tax credit as well.
