Auto industry investing heavily in Ohio after the Great Recession
As the auto industry rebounds from the Great Recession, auto manufacturers have "poured nearly $1.8 billion into Ohio plants recently," the Dayton Daily News reports. In just the past three years, Honda, Ford Motor Co., Navistar and General Motors have announced major investments in their Ohio operations. Experts attribute the new investments to several factors – "increasing demand from consumers, recent union contracts, and streamlined manufacturing and distribution processes that make it more cost-effective to produce vehicles and parts in the state." The industry now employs approximately 2,000 more in Ohio than it did in 2009, the article said. For more, read the full story.
