Tech incubator coming to former Rahal Racing facility in Hilliard

An engineering firm that supports the commercialization of new technologies wants to contribute to the region’s economic development by launching a new technology and manufacturing support center.

As part of an incentive passed by Hilliard City Council, the city will help fund up to $50,000 in tenant space improvements and equipment for Converge Technologies, and up to $25,000 per year from 2020 to 2025. In return, the firm pledged to create 54 new jobs with $2.4 million in new payroll by the end of 2025.

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Story excerpt provided by Columbus Business First.

Written by Logan Moore.

Originally published May 22, 2019.

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