Automation and Advanced Systems will allow Manufacturers to Build Better, Faster, and Cost Effectively CLEVELAND, OHIO–(BUSINESS WIRE)–Supply Technologies LLC, Automation and Advanced Systems will allow Manufacturers to Build Better, Faster, and Cost Effectively CLEVELAND, OHIO–(BUSINESS WIRE)–Supply Technologies LLC,

Supply Technologies Announces New Dayton Distribution Center to Support North American Customers

Automation and Advanced Systems will allow Manufacturers to Build Better, Faster, and Cost Effectively

CLEVELAND, OHIO–(BUSINESS WIRE)–Supply Technologies LLC, a Park-Ohio Holdings Corp. (NASDAQ: PKOH) company, today announced plans to significantly expand its North American distribution network with a new state-of-the-art facility in Union, Ohio.

Supply Technologies, a leader in supply chain management of assembly components for global OEMs, is augmenting their network of over 70+ warehouses globally with a new 375,000-square-foot distribution center. The new facility will be their flagship location with advanced warehouse operations, quality and engineering lab and an innovation center. This facility will serve its customers and warehouses across the United States, Canada, and Mexico. Once operational, the site will employ over 100 employees, creating upwards of 60 new full-time jobs, and contribute approximately $3 million in incremental annual payroll to the local area. Total capital investment will be in excess of $20 million.

Throughout our history as a leader of innovation in manufacturing, we’ve built a network of specialized brands that work together to deliver highly engineered products, services and solutions to OEMs around the world,” said Matt Crawford, CEO of Park-Ohio Holdings Corp. “This flagship location for Supply Technologies will be pivotal in helping us serve our customers faster, better and more efficiently. Supply Technologies is a business that global OEMs look to for ensuring uptime and this new state of the art facility will ensure greater supply continuity, which translates to uptime for the manufacturers we serve.”

“Our new distribution center will allow us to operate a more efficient hub and spoke distribution network in North America. The investments we are making in this facility include robotic automation, more advanced warehouse systems, and best in class equipment in our quality and engineering lab,” said Brian Norris, President of Supply Technologies. “At the end of the day, our team members help customers hold their operations, products and supply chains together—and this site will allow us to do it even better.”

Hiring for the new facility is expected to begin in early 2026, with an official opening targeted for July 1, 2026. Interested candidates can look for these opportunities on the company’s LinkedIn career page. Supply Technologies is moving forward with support from the Dayton Development Coalition, JobsOhio, and the City of Union, reflecting the region’s commitment to fostering advanced manufacturing and logistics operations.

“Supply Technologies’ expanded operations in the Dayton Region will leverage Ohio’s logistical advantage and skilled workforce to support streamlined distribution across North America,” said Dayton Development Coalition Executive Vice President of Regional Development Julie Sullivan. “DDC and our partners at JobsOhio are excited to support their growth in the region.”

“We are excited for the opportunities ahead in 2026—not only for our talented team members, but this opportunity to join the local business community, and especially for the advanced capabilities this new facility will bring to OEM customers across North America,” the company added.

About Supply Technologies

Supply Technologies, a business of Park-Ohio Holdings Corp., delivers comprehensive supply chain management programs for fasteners and assembly components. Through engineered solutions, global sourcing, and point-of-use logistics, the company helps OEMs reduce cost, increase efficiency, and maintain uninterrupted production. Supply Technologies operates within ParkOhio’s global network of businesses committed to innovation, operational excellence, and customer success.

About ParkOhio

ParkOhio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products. Headquartered in Cleveland, Ohio, ParkOhio operates approximately 130 manufacturing sites and supply chain logistics facilities worldwide, through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.

Contacts

Supply Technologies Inquires Contact:

BRIAN NORRIS

SUPPLY TECHNOLOGIES LLC

(440) 947-2187

ParkOhio Inquires Contact:

MATTHEW V. CRAWFORD

PARK-OHIO HOLDINGS CORP.

(440) 947-2000

Market Opportunity
Archer Hunter Logo
Archer Hunter Price(FASTER)
$0.0002314
$0.0002314$0.0002314
0.00%
USD
Archer Hunter (FASTER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

Woodway Assurance receives $1 million in funding for data privacy assurance solution EviData

OTTAWA, ON, Dec. 17, 2025 /PRNewswire/ – New Canadian technology company Woodway Assurance is proud to announce that it has closed an oversubscribed seed funding
Share
AI Journal2025/12/17 23:16
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07
BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44