AGP Executive Report
Last update: an hour agoToledo Disruption: A hazardous chemical release at a Toledo tank terminal sent at least 60 people for treatment and forced evacuations and shelter-in-place orders. Officials said a transfer error caused the leak. Corporate Moves: GM authorized $20 billion in share buybacks as it cuts electric-vehicle capacity, including jobs at Ohio battery operations. Nestlé plans to close its Solon factory by the end of 2027 and shift production to South Carolina; the company has not said how many jobs will be affected. Data Center Debate: Ohio’s Supreme Court kept a proposed $3.6 billion data center on hold, as a consumer advocate warned that surging demand is pushing up electricity costs. Meta’s Ohio AI supercluster is planned to scale to one million GPUs. Ohio Investment: Bayer plans a $2.2 billion drug-manufacturing site in the state, while franchise platform EverSmith Brands opened a 12,000-square-foot training hub in Milford.
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