# Modula to invest $26.5M in new manufacturing and logistics hub in Franklin, Ohio

Modula, an Italian manufacturer of automated storage and retrieval systems, announced a $26.5 million investment in a new manufacturing and logistics hub in Franklin, Ohio, creating 100 new jobs. The facility will produce Vertical Lift Modules with a target capacity of 2,000 units per year.

- Type: New facility
- Announced: 2019-06-11
- Where: Franklin, Ohio, United States
- Value: $26.5M
- Jobs: 100
- Status: announced
- Capacity: 2,000 Vertical Lift Modules per year
- Products: Vertical Lift Modules, Warehouse Management Systems software
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Modula](https://endata.com/companies/11397.md)

## Sources

- [jobsohio.com](https://www.jobsohio.com/newsroom/news-press/italian-manufacturer-modula-announces-new-ohio-investment-at-selectusa), 2019-06-11: "Modula is facing impressive growth worldwide at a pace of almost 25 percent year-over-year in the last five years, and particularly in the North American market we faced a further acceleration in the last two years."
- [modula.us](https://modula.us/news/modula-announces-new-ohio-manufacturing-facility/), 2019-06-20: "Our target is to progressively establish a production capacity of 2,000 Vertical Lift Modules (VLM) per year in this building."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.