Haircuts, Horsepower, and Homegrown Growth

A $9.99 Great Clips coupon. A third-generation auto shop. A $300M Whirlpool expansion. The common thread? Ohio’s economy is buzzing from the ground up — and proving that local drive still fuels national growth.

If you’re reading this, congratulations you’ve made it to Friday.

Recently, I did something bold: I switched to Great Clips. For years, I just tagged along to wherever my wife got her haircut $40, $50, sometimes $60 a pop. Then one day I walked into Great Clips and felt like I was committing daylight robbery. Twenty bucks. Nine ninety-nine if you’ve got a mailer coupon. Check in online, roll up, sit down, snip snip, done. Everyone needs a little adrenaline in their life mine just happens to come from saving 40 bucks on a haircut.

Anyway, the U.S. hair salon industry? A cool $50 billion. Enough about haircuts, let’s get into this thing.

👨🏼 This Week’s Shoutout: Bob Hasty, a new subscriber of Toledo Money! Bob’s no stranger to the Toledo scene. He owns Hasty’s Service on Dorr Street, an auto repair shop that’s been keeping Toledo running for over 75 years. Thanks, Bob, for being a shining example of a true legacy business in Northwest Ohio.

Local Stock Market | 📈 

Owens Corning | $OC ( ▲ 1.3% )  

Dana Incorporated | $DAN ( ▲ 0.92% )  

The Andersons | $ANDE ( ▲ 1.48% )  

Owens Illinois | $OI ( ▲ 1.87% )  

Welltower Inc. | $WELL ( ▲ 0.07% )  

Marathon Petroleum Corporation | $MPC ( ▲ 3.94% )  

🚗 Toledo Legacy: Hasty’s Service Still in Gear.

When it comes to legacy businesses, few in Toledo can say they’ve been under the same family name for three generations, but Hasty’s Service can. Today, the shop is Owned by Bob Hasty, grandson of founder Clarence Hasty, carrying forward a tradition that started way back in 1949.

That was the year cars were just getting fancy with high-compression engines, chrome everything, and those newfangled disc brakes. While Detroit was busy rolling out the latest innovations, Clarence was rolling up his sleeves opening a small auto repair shop somewhere in Toledo. The exact spot’s been lost to time, but before long, Hasty’s found its permanent home at Dorr Street and Penn Road, where it still stands today.

Nearly eight decades later, Hasty’s remains family-run, local, and trusted by generations of Toledo drivers. The shop’s longevity isn’t luck, it’s loyalty. Customers keep coming back, and so do the people who work there. Jeff, the senior mechanic, has been part of the Hasty’s story for over 40 years, and if you call to book service, Lisa will be the friendly voice keeping the place running smoother than a fresh oil change.

Behind the bays, you’ll find a tight-knit crew that knows their way around any engine. Steve is the shop’s “jack of all trades” — the kind of guy who can fix just about anything (and probably already has). Alongside him are Jim, Ryan, and Adam, each bringing their own mix of skill, precision, and pride to the workbench.

Back in the ‘90s, Hasty’s was a true neighborhood hub: full-service gas, constant foot traffic, and a steady base of regulars. But as the big chains started squeezing smaller stations, the Hastys decided to adapt. They retired the pumps, doubled down on repairs, and never looked back.

Today, Hasty’s focuses entirely on what they do best: keeping Toledo’s engines running, one loyal customer at a time. From family cars to fleet vehicles, this is one of those rare spots where your car’s in good hands and the handshake still means something.

📍 Hasty’s Service – Dorr Street & Penn Road

📞 419-531-1131

After 76 years, plenty has changed in the world of cars but at Hasty’s, good work and good people are still the best formula on the road.

Washer. Dryer. Powerhouse.

Whirlpool’s $300M Expansion Connects Ohio’s Growing Manufacturing Triangle: Toledo → Marion → Columbus

There is a new kind of triangle forming in Ohio, and it does not involve real estate or rail lines. It is the Toledo, Marion, and Columbus manufacturing corridor, and it is quickly becoming one of the most productive stretches of industrial ground in America.

This week, Whirlpool announced a $300 million investment across its Clyde and Marion facilities, bringing up to 600 new jobs and expanding production for the company’s next generation of washers and dryers.

It is more than an upgrade. It is a signal. The same state that helped build America’s manufacturing backbone is now wiring the next generation of it.

The Midwest’s Innovation Highway

The Clyde plant, the largest washing machine facility on Earth, anchors the northern point of this triangle. Marion, meanwhile, continues to build momentum as the region’s quiet workhorse, producing dryers for +70 years and recently being named the Strongest Town of 2025.

Together, they form a manufacturing corridor that stretches through the Columbus Region, where major investments from Intel, Honda, and Amgen are redefining what “Made in Ohio” means.

JobsOhio and the Regional Growth Partnership (RGP) helped bring the deal together alongside One Columbus, proving that Ohio’s regional alliances are not competing—they are compounding. It is the 419 and the 614 working in sync, powering an economic flywheel that is hard to ignore.

Legacy, Rewired

This is not nostalgia. Whirlpool’s move represents a broader shift as traditional manufacturers modernize through automation, robotics, and advanced materials.
Ohio now ranks #3 nationally for manufacturing workforce and #4 for manufacturing GDP, while attracting over $15.7 billion annually in science and engineering R&D.

In Northwest Ohio alone, advanced manufacturing employs 130,000 workers across more than 1,700 companies, producing an $11.6 billion gross regional product. Those numbers are not legacy—they are leadership.

But what makes this surge different from the past is coordination. Across the country, there is a renewed focus on bringing manufacturing back home, with federal incentives, state policy, and private investment aligning in ways not seen in decades.
Ohio has become a model for this public private balance—where organizations like JobsOhio, RGP, and One Columbus act as connective tissue between business ambition and government support.

As JobsOhio CEO J.P. Nauseef put it, Ohio’s manufacturing base has become “a cross functional growth engine, from Intel in semiconductors to First Solar in renewable energy.” Whirlpool just plugged into that same current.

Why It Matters

Whirlpool’s decision to double down on Ohio validates what the data has been suggesting all year:

  • Companies are expanding not just for cost reasons but because Ohio’s workforce, infrastructure, and logistics ecosystem have become national advantages.

  • The Clyde and Marion expansions reinforce Ohio’s reputation as the test track for America’s manufacturing future.

  • And for Northwest Ohio, it cements the region’s place in a multi city industrial network that stretches from the shores of Lake Erie to the data centers of Columbus.

This is not just reshoring. It is reconfiguring.


And it is happening right here in the heart of the 419 and 614 corridor.

The Toledo Money Take

From Toledo’s steel and auto roots to Marion’s advanced production to Columbus’s tech and innovation, the state is writing a new chapter in American manufacturing that is less about revival and more about reinvention.

The macro story is clear: the United States is once again betting on itself, and Ohio has become one of the safest investments in that national portfolio.

🤜🏼 Money Confessional | From Corporate Climber to Local Investor

He spent the first decade of his career in a glass office tower, chasing promotions and frequent flyer miles. The paycheck was great, but the pace? Exhausting. When the pandemic hit, he decided to bring it all home to Toledo. What started as a “temporary break” turned into a total life pivot.

Now, he’s traded conference calls for coffee meetings at Rustbelt and invests in local real estate projects that are breathing new life into old neighborhoods.

Things are simpler, but fuller. His morning commute is a 5-minute walk downtown, he volunteers with the Toledo Design Collective, and he’s proud to be part of the city’s next wave of growth.

📈 Career Roots:

“I was deep in corporate finance New York, Chicago, the works. It was all about quarterly results and endless travel. When I came back to Toledo, I rediscovered what balance actually feels like.”

💵 Growth So Far:

“I started by buying one duplex near downtown. Then another. Now I’m part of a small group rehabbing mixed-use spaces. The returns are steady, but the real payoff is seeing neighborhoods come alive again.”

📚 Mentorship Magic:

“I’ve learned a ton from older Toledo developers who have been through cycles before. They don’t just talk about profit, they talk about patience and pride in the city’s rebirth.”

Favorite Splurge:

Black Kite coffee every morning and a front-row seat at the Valentine Theatre. It’s my version of therapy.”

💡 Biggest Worry:

“Interest rates. They’ve reshaped the game for investors. But long term, I believe in Toledo’s trajectory it’s undervalued and underestimated.”

📊 Current Standing:

“I’m not chasing net worth anymore. I’m chasing meaningful work. Between a few rentals, some local partnerships, and a paid-off car, I feel free for the first time in my adult life.”

💵 Financial Tip:

“Your hometown might be your best investment. Everyone’s chasing the next big market, but sometimes the biggest upside is right in your backyard.”

🌱 Inspiration:

“Toledo’s doers. The people quietly renovating buildings, starting coffee shops, opening boutiques. They’re rewriting what this city can be.”

🗣 Toledo Tip:

“Get involved early. The best deals and partnerships in this town don’t happen online, they happen over lunch at Grumpy’s.”

💵 Money Snacks

Here are a few headlines we are snacking on

  • Amazon just can’t quit Wood County. The e-commerce giant is breaking ground on yet another warehouse, its third in the county and second in Perrysburg Township. The $30 million, 200,000-square-foot facility will bring 150 new full-time jobs and $4.6 million in payroll to the region. The catch? Like its Fremont Pike location, Amazon scored a 10-year, 100% property tax abatement. Another big win for regional growth… but one that raises a familiar question: who’s really cashing in?

  • DraftKings is placing a bet on the future and Ohio could be right in the middle of it. The company just scooped up Railbird Technologies, a federally licensed prediction-market exchange that lets users trade on the outcome of real-world events not just who covers the spread. Think politics, pop culture, even the economy. Because Railbird is regulated at the federal level (not state-by-state like traditional sportsbooks), DraftKings could eventually roll out these “event contracts” nationwide including in places where betting is still off-limits. For Ohio, one of DraftKings’ most active markets, this could unlock a whole new arena of action. Call it less sportsbook, more Wall Street for everyday predictions.

  • Private jets are landing more often at Toledo Express and it’s not your imagination. Spend a few minutes at Grand Aire and you’ll notice a steady uptick in NetJets tail numbers taxiing in. The Columbus-based company, a global leader in fractional jet ownership, offers its entry-level NetJets Card — 25 flight hours, no long-term commitment, and fully inclusive pricing. The catch? A cool $215,000 for 275 days of access. For those with flexible travel plans (or a taste for convenience), it’s the gateway into private aviation without buying the plane. And for Toledo’s FBO, more NetJets traffic means more fuel, landing fees, and economic lift literally.

📬️ Forward Thinking

We’re not just building a newsletter—we’re building a clubhouse for ambitious professionals who care about Toledo’s economic future (and their own place in it).

If you know a colleague, peer, or friend who should be part of this circle, pass this along. The more sharp minds we bring to the table, the stronger our region grows.