Beehive Industries to Expand in Southwest Ohio
Location: Farnborough, England
Key Announcement:
Ohio Governor Mike DeWine, alongside Beehive Industries, JobsOhio, and REDI Cincinnati, revealed that Beehive Industries, a manufacturer of advanced 3D-printed jet engines for uncrewed aerial defense applications, plans to expand its operations in Southwest Ohio. This expansion will create over 200 new jobs and involves an investment of $70 million.
Benefits of the Expansion:
- Accelerated Manufacturing: The partnership aims to enhance aerospace manufacturing, workforce growth, and long-term investment in Ohio.
- Economic Impact: Governor DeWine emphasized that this investment positions Ohio as a leader in national defense manufacturing, making operations faster and more efficient.
Innovative Jet Propulsion:
Beehive Industries is redesigning jet propulsion systems using additive manufacturing techniques, significantly shortening development timelines from years to months while providing scalable solutions for the U.S. military.
Workforce Development:
The Chief Product Officer of Beehive, Gordie Follin, stated that the success of the company is linked to the local workforce’s skill set. Ohio offers a blend of aerospace heritage and precision manufacturing expertise.
Production Capacity:
The company’s Frenzy™ engine is entering full-rate production, supported by a $29.7 million contract from the U.S. Air Force. Beehive is also enhancing its production capacity through significant investments and acquisitions in the Cincinnati area.
Ohio’s Role in Defense Manufacturing
Ohio is positioned as a pivotal player in the defense industrial base, with a focus on efficient production to strengthen national security by reducing permitting delays and cutting red tape.
Key Statements:
- J.P. Nauseef, President, and CEO of JobsOhio, highlighted Ohio’s capabilities in rapid manufacturing for defense applications.
- Kimm Lauterbach, President, and CEO of REDI Cincinnati, emphasized the strong aerospace industry in the region.
Incentive Structure
An incentive package aimed at supporting the job creation and expansion of Beehive in Ohio will be pursued, including a Job Creation Tax Credit and additional support from JobsOhio.
About Beehive Industries
Beehive Industries specializes in innovative additive manufacturing for defense applications, enhancing speed, affordability, and scalability in jet propulsion systems.
Contact and More Information
For further details, visit Beehive Industries and follow JobsOhio for updates on economic developments in Ohio.
