Company expansions to boost jobs in Arena District
October 27th, 2026
Article originally published in the Columbus Dispatch >
The Ohio Department of Development has announced the approval of 10 projects that will create 1,359 new jobs, retain 1,824 jobs statewide, and result in more than $2.2 billion in investments across Ohio.
During its monthly meeting on Oct. 26, the Ohio Tax Credit Authority reviewed economic development proposals from JobsOhio and its regional partners. Combined, the projects are expected to result in more than $142 million in new payroll.
Three of them will be located in Central Ohio.
Forgent Power Solutions announced Oct. 26 that is had selected the Arena District for a corporate office expansion that will create 85 jobs and $12 million in new annual payroll. The company will invest $3 million to build out its new office at 10 W. Nationwide Blvd. in Downtown Columbus.
Forgent’s existing Ohio team, including its Ohio-based CEO Gary Niederpruem, will occupy 90,000 square feet under a 10-year lease to support the company’s growth. The building, owned by Nationwide Realty Investors, will serve as a hub for customer support and serve project management and supply chain needs such as finance, human resources and corporate strategy.
“Forgent is scaling rapidly to meet growing demand for power infrastructure,” Niederpruem said in prepared remarks. “Columbus offers exceptional talent and proximity to key customers, making it an ideal location for our continued growth. As an Ohio native, I’m proud to invest in a city that will play an important role powering the future.”