Ashore is currently in the process of launching its first facility in Youngstown, Ohio, a historic manufacturing hub strategically located near Cleveland, Pittsburgh, and Columbus. Youngstown offers a mix of legacy workforce and proximity to emerging electric vehicle, defense, and automation OEMs. Ohio is among the top three states for reshoring job announcements and has attracted over $20 billion in new capital investment since 2022. The location offers tax and logistics advantages for serving Midwest and East Coast customers.
Ashore is currently exploring joint venture and acquisition opportunities in Ohio and Western Pennsylvania as part of its growth strategy.
Ashore is developing capability in electro mechanical hybrid parts (HTS 8503), especially for robotic actuators, industrial drives, and EV propulsion systems.
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