Medpace Inc., which conducts clinical research for the pharmaceutical and biotechnology industries, will add 760 jobs after it moves its corporate headquarters from Norwood to a 30-acre development in Madisonville. The company, which now employs 600, is expected to have more than 1,300 employees by 2014. Most of the new jobs will be in clinical development.

Construction on the new headquarters is expected to begin in 2009, and the company should complete its move in 2010.

Founded in 1992, Medpace assists its clients in the development of safe and effective drugs and medical devices.

Cincinnati approved a tax incentive that will save Medpace about $7.5 million over the eight years of the agreement. In return, the city will receive around $41.7 million in new corporate profits taxes and local income taxes in the 16 years the company has committed to stay in Cincinnati.

Medpace will occupy up to 350,000 square feet as the anchor tenant in a proposed development called Midtown Crossing, formerly home to the NuTone Co., on Red Bank Road.



Dinsmore & Shohl LLP, Thomas J. Dyer Co.and Harry Ewers & Sons Inc.each received the Centennial Award from the Cincinnati USA Regional Chamber. The award is presented to companies celebrating 100 years in business.



bioLOGIC Corp.
moved into its new headquarters in the John A. Roebling Suspension Bridge Toll House in Covington. The office functions as the region’s portal and management consulting group for bioLOGIC affiliate companies that focus on life sciences development. The company expects to add at least 10 new jobs at its headquarters.

Five buildings on Vine Street and six properties on Race Street received a combined total of $2.7 million in state tax credits. The
Ohio Historic Preservation Tax Credits will result in new development worth about $13 million, and bring 45 new residential units and more than 10,000 square feet of new commercial space to Over-the-Rhine.


Marketing services firm Epsilon is moving from Milford to Blue Ash and adding 50 employees. The company, which now employs 108 people locally and 2,100 worldwide, will move into a 28,000-square-foot space at Duke Realty’s Lake Forest/Westlake Business Park. The new employees will consist mainly of technology workers. Epsilon earned $500 million in revenue in 2008; it projects revenue of $520 million to $540 million in 2009.



Northern Kentucky company Messier-Bugatti USA doubled in size with the addition of a new facility. A global manufacturer of wheels, brakes and advanced carbon-carbon heatsinks used in aircraft braking systems, the company began operations in Boone County in 1998. The 40-acre site now houses Messier-Bugatti USA’s headquarters and manufacturing facility. Messier-Bugatti USA employs 214 people.



According to Northern Kentucky Tri-ED, the economic development agency for Boone, Kenton and Campbell counties, Northern Kentucky added 2,264 jobs in 2007. That number exceeds the goal set by Vision 2015, a community effort launched in 2005 to develop a strategic plan for Northern Kentucky’s future, which hoped to add 1,430 new jobs each year. The average wage of the newly created jobs was $60,922.



Two local companies received Rapid Outreach Grants by the Ohio Department of Development to help with expansion and the creation of jobs. Barnes Group Inc. received a $25,000 grant to aid in the acquisition of machinery and equipment. With the grant, Barnes Group hopes to create 50 new jobs. It now employs 259 people. Middletown’s Midwest Service, a division of Vail Rubber Works of St. Joseph, Mich., received a $40,000 grant to support an expansion and the addition of 25 jobs. The company now employs 19 people.



iNET Interactive
moved its office from Dayton to West Chester. The company operates 13 advertising-supported social networking sites targeted to internet professionals and technology enthusiasts with interests in search marketing, web hosting, web design, development and hardware. The company currently employees 20 people. It hopes to employ 40 by 2010.



The Northeast Cincinnati Chamber recognized several businesses during its 2008 Soaring to New Heights Awards Extravaganza. The people and businesses honored include Diplomat of the Year, Bernice Neiman, KeyBank; Emerging Leader of the Year, Daniel Reitz, Graydon Head & Ritchey LLP; Rising Star, Janet Dane, HALO Branded Solutions; Outstanding Retail Business, Bethart Printing Solutions; Outstanding Rookie Business, bd’s Mongolian Grill; Outstanding Family-Owned Business, Mueller-Parker Funeral Home; Outstanding Professional Services Business, Senour-Flaherty Insurance; Outstanding Manufacturing Business, Downlite International; 2008 Executive of the Year, Robert Slattery, ReachUSA; 2008 Business of the Year, Dinsmore & Shohl.