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 service@support.mexc.com 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

Valour launches bitcoin staking ETP on London Stock Exchange

Valour launches bitcoin staking ETP on London Stock Exchange

The post Valour launches bitcoin staking ETP on London Stock Exchange appeared on BitcoinEthereumNews.com. Valour Digital Securities, a subsidiary of DeFi Technologies, has launched its Bitcoin Physical Staking exchange-traded product (ETP) on the London Stock Exchange, the firm announced on Friday. The listing expands Valour’s yield-bearing bitcoin product beyond mainland Europe, where it has traded since November 2024 on Germany’s Xetra market. The ETP is restricted to professional and institutional investors under current UK regulations, with retail access expected to open on October 8 under new Financial Conduct Authority rules. The product, listed under ticker 1VBS, is physically backed 1:1 by bitcoin held in cold storage with Copper, a regulated custodian. It offers an estimated annual yield of 1.4%, which is distributed by increasing the product’s net asset value (NAV). Yield is generated through a staking process that uses the Core Chain’s Satoshi Plus consensus mechanism. Rewards earned in CORE tokens are converted into bitcoin and added to the ETP’s holdings. Valour has emphasized that while the process involves short-term lockups during stake transactions, the underlying bitcoin is not subject to traditional staking risks such as slashing. The launch comes as the UK begins to loosen restrictions on crypto-linked investment products. Earlier this year, the Financial Conduct Authority moved toward allowing retail access to certain crypto exchange-traded notes and products, a shift that will test demand for regulated, yield-bearing bitcoin exposure. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/valour-launches-bitcoin-staking-etp
Share
BitcoinEthereumNews2025/09/20 02:48
Optum Golf Channel Games Debut In Prime Time

Optum Golf Channel Games Debut In Prime Time

The post Optum Golf Channel Games Debut In Prime Time appeared on BitcoinEthereumNews.com. FARMINGDALE, NEW YORK – SEPTEMBER 28: (L-R) Scottie Scheffler of Team
Share
BitcoinEthereumNews2025/12/18 07:21
Read Trend And Momentum Across Markets

Read Trend And Momentum Across Markets

The post Read Trend And Momentum Across Markets appeared on BitcoinEthereumNews.com. Widely used in technical analysis, the MACD indicator helps traders read trend
Share
BitcoinEthereumNews2025/12/18 07:14