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Area Development - Site Selection, Facility Planning and Workforce Development

LayerZero Power Systems Expands Streetsboro, Ohio, Manufacturing Operations

12/06/2025
Power distribution equipment manufacturer LayerZero Power Systems plans to expand its operations in Streetsboro, Ohio. The project is expected to create 535 jobs.

The company’s 120,000-square-foot expansion at its existing manufacturing and testing facility will include new manufacturing, warehouse, and support space.

“Our success comes from two places - the dedication of our people and the trust of our customers. This expansion allows us to keep earning that trust by building reliable, innovative power solutions, crafted by a team that takes real pride in their work. Team NEO has been instrumental in creating incentives to allow us to expand our operations and stay close to our roots in Northeast Ohio,” said Milind Bhanoo, President of LayerZero Power Systems, Inc.

To support the project a 10-year 1.6%, 10-year Job Creation Tax Credit worth an estimated $4.4 million has been awarded by the Ohio Tax Credit Authority.

“LayerZero Power Systems, Inc. is experiencing rapid growth as its innovative power products remain essential to customers across diverse industries, including data centers, energy, and aerospace and defense,” noted JobsOhio President and CEO J.P. Nauseef. “Team Ohio welcomes LayerZero Powers Systems, Inc.’s next chapter of growth in Portage County, helping to ensure it can meet its future production goals.”

LayerZero Power Systems designs and builds power equipment, including switches, power panels, and monitoring systems used in places like data centers to ensure computers and servers always stay powered safely and without interruption.

“LayerZero Power Systems, Inc. is an example of a globally recognized leader choosing Northeast Ohio to expand and advance innovation,” added Team NEO Chief Executive Officer Matt Dolan. “The decision to remain and grow in Streetsboro reflects the company’s confidence in our region’s workforce, infrastructure, and business-friendly environment.”

“The Portage Development Board is excited that LayerZero chose to stay and grow in Portage County by acquiring and expanding the former Deluxe facility in the City of Streetsboro,” said Brad Ehrhart, President: Portage Development Board.

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