Converge Technologies, a commercial engineering firm, has committed to building a technology innovation and development capability in Hilliard. The founders of Converge recently purchased the former Rahal Racing research and development facility. The 25,000 square foot mixed-use facility will serve as the company’s headquarters and a technology incubator.
Hilliard’s City Council approved a $200,000 incentive package on May 20, which officials say paves the way for future technology manufacturers to create and grow their businesses in the community. The incentives are contingent upon employment and payroll goals.
David Meadows, Economic Development Director, said Converge Technologies is a commercial engineering and business advisory services firm that was created to support efficient commercialization of new and innovative technologies. The company has created the nonprofit Ohio Manufacturing and Innovation Center, which will be a resident of the facility and provide business growth support programs.
“We founded Converge Technologies with the goal of providing much-needed commercialization support capabilities to Ohio’s entrepreneurs, startups and innovative manufacturing companies,” Converge co-founder John Bair said, in a statement. "Our experiences establishing and growing both private and public business support organizations over the last two decades have shown us that Converge and OMIC address a large capabilities gap that is hindering the growth of new technology companies and products."