Precise predictions for Higgs production in models with color-octet scalars

We describe an effective-theory computation of the next-to-next-to-leading order (NNLO) QCD corrections to the gluon-fusion production of a Higgs boson in models with massive color-octet scalars in the (8,1)0 representation. Numerical results are presented for both the Tevatron and the LHC. The estimated theoretical uncertainty is greatly reduced by the inclusion of the NNLO corrections. Color-octet scalars can increase the Standard Model rate by more than a factor of two in allowed regions of parameter space.