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Primary Industry

Hot United States FDI Sectors: Automotive

Mark Crawford (Location USA 2012)
Automotive has long anchored U.S. manufacturing and continues to attract billions in FDI. It’s not just traditional car building either — big automotive projects also include green, alternatively powered vehicles. More

Diminishing State Budgets and Public Scrutiny Contribute to Uncertain Business Incentives Climate

Brian Corde, Managing Partner, Atlas Insight (2012 Directory)
Although some state and municipal governments have scaled back their incentives offerings, monies are still available for the “right” projects deemed to benefit their constituencies. More

Top Site Selection Factors: Highway Accessibility - The Need for Speed

Beth Mattson-Teig (November 2011)
Many companies don’t need to look further than the gas pump or congested roadways to determine their top site selection criteria. Easy access to key infrastructure can be vital when it comes to executing business strategies, saving time and money, and creating an attractive environment for both employees and customers. More

The U.S. Auto Industry is Jumpstarting the Manufacturing Sector

Lisa A. Bastian (November 2011)
With more competitive labor agreements, automakers are building more in the United States, retooling and refurbishing existing plants, and backshoring operations. More

Small Wind Turbine Manufacturers Set Up Shop Across the Country

John K. Borchardt (Fall 2011)
While the U.S. industrial giant General Electric and foreign firms like Vestas, Siemens, and others dominate production of the large wind turbines used on massive wind farms, small and mid-sized companies across the United States are manufacturing smaller wind turbines designed for use at the top of office towers and in facilities such as airports and shopping malls. More

Regional Report: Midwest Relies on Innovation to Restore Economic Health

Cynthia Kincaid  (July 2011)
The Midwest region will have to find new ways to capitalize on resources, while creating fresh alternatives in raising revenues and growing jobs..some states are doing just that. More

KLG Advisors: Top U.S. IT Locations 2011

Tim Nitti, Principal, KLG Advisors (5/20/2011)
Long-term demographic and economic patterns have resulted in a global shortage of IT workers. Consequently, companies that rely on this talent face the dual challenge of acquiring such workers while remaining cost competitive. More

New Governors' Agendas 2011: John Kasich, Ohio

Area Development Magazine Special Presentation (4/29/2011)
"...Recognizing that Ohio has a large number of headquarters and large manufacturers already, we want to support their reinvestment and commitment to world-class production..." More
News Items
 
Around The Web
 
Studies/Research
News Items
 
Around The Web
 
Studies/Research
Newell Rubbermaid to Add 140 Jobs at Its Mogadore, OH, Facility
02/01/2012
Progressive Car Insurance to Create 1,106 Jobs in Five U.S. Metros
01/25/2012
Acura to Build New NSX "Supercar" in Ohio; Ready for Market Within Three Years
01/11/2012
Managed Care Company to Create 150 Jobs in Four Ohio Communities
12/13/2011
Whirlpool to Create 65 jobs at Its Greenville, OH, Plant
12/07/2011
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All Studies/Research/Papers

ohio at a glance

POPULATION: 11,543,000 (2009 estimate)

LABOR FORCE: 5,970,200 (2009 annual average)

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES: Manufacturing, services, trade

EXPANDING INDUSTRIES: Distribution, plastics, information/communications, food processing

COLLEGE GRADUATES: (Age 25 and over) 23.8% (ACS 2006-2008)

BASIC BUSINESS TAXES:
Commercial Activities Tax: 0.26 percent of net state gross receipts

Sales and Use Tax: 5.5 percent on retail sales and rental of tangible personal property, on repair or installation of such property, and on sale of selected services; counties and transit authorities may impose sales and use taxes up to 2 percent

Property Tax: Assessed by cities, counties, and school districts, collected by counties, on 35 percent of true value for real property

BUSINESS INCENTIVES
Economic development financing

Community Development Block Grants

Revolving loan funds

Enterprise zones

Minority business development financing

Ohio Workforce Guarantee

Enterprise Bond Program

Job Creation Tax Credit

Principal Manufacturing industries

  • Transportation Equipment
    15.4%
  • Fabricated Metal Products
    15.2%
  • Machinery
    10.8%
  • Food
    8.4%
  • Plastics
    7.8%
  • Chemicals
    6.8%
  • Primary Metals
    5.8%
  • Electronic Equipment
    4.2%
  • Printing
    4.0%
  • Other
    21.6%