From the Governor
“We are going to help businesses in Ohio through increased Opportunity Zones, and we are going to help Ohio college students by having every one of our public universities offer guaranteed tuition that won’t increase one dime over the four years the student is in college…We’re going to invest more in our career-tech centers and two year community colleges, and we are going to create at least 10,000 industry certificates.” —Gov. Mike DeWine
Booming in the Buckeye State
Ohio’s value is demonstrated through the continuous groundbreakings and expansions in Columbus and Cleveland. CoverMyMeds, one of the fastest-growing healthcare technology companies in the nation, is adding more than 1,000 jobs in the Columbus region. Total Quality Logistics is constructing a second building and its headquarters in Cincinnati, and Amazon announced in July 2019 it will bring 1,500 jobs and construct a $200 million fulfillment center in Akron.
Job Creation Tax Credit: Offers a performance-based tax credit calculated as a percentage of payroll and applied toward the company’s commercial activity tax liability.
JobsOhio Economic Development Grant: Offers incentives to promote economic development, business expansion and job creation in the state.
JobsOhio Research and Development Center Grant: Facilitates the creation of corporate research and development centers in Ohio to support the commercialization of emerging technologies and products.
JobsOhio Revitalization Program: Offers loans and grants to help revitalize sites for end users that support job creation opportunities.
JobsOhio Talent Services and Training: Assists expanding companies with talent needs, including finding, sourcing, screening and training candidates and employees.
Appalachian Partnership for Economic Growth: apeg.com
Dayton Development Coalition: daytonregion.com
One Columbus: columbusregion.com
Regional Growth Partnership: rgp.org
REDI Cincinnati: redicinncinnati.com
Team NEO: teamneo.org
Ohio Economic Development Association: ohioeda.com
Highlighted Program or Initiative
The SiteOhio initiative puts properties in industrial zoning through a stringent, comprehensive review and certification process. SiteOhio authenticated sites are construction-ready and come with a guarantee that all utilities are on property with adequate capacity and that due diligence studies have been completed.
- NSG Glass North America announced it will invest $250 million in a facility in Troy creating 150 jobs.
- CoverMyMeds announced in December 2018 it will add more than 1,000 jobs and invest $8 million in a new campus in downtown Columbus.
- Amazon announced in July 2019 it will bring 1,500 jobs and a $200 million fulfillment center to Akron.
- AMG Vanadium announced in August 2019 it will add more than 100 jobs and expand its steel production facility in Washington.
- Total Quality Logistics announced in July 2019 it will create nearly 600 jobs and invest $13 million to con- struct a second headquarters building in Clermont.
20 Fortune 500 companies are headquartered in the state, including:
Proctor & Gamble
American Electric Power
Goodyear Tire & Rubber
“The JobsOhio team is unparalleled Not only were they great to work with but the resources and support that they have been able to provide Marxent solidified our commitment to continuing to grow the company in Ohio.” —Rick Hanley, CFO, Marxent Virtual Reality
“JobsOhio is allowing MCPc to take a big step toward expanding its capabilities in technology lifecycle management…The value goes beyond MCPc itself… We’ll provide opportunities for the chronically underemployed, for students who will be more likely to remain in Ohio as a result of this experience and for people who are looking for steady employment.” —Peter Anagnostos, VP of Marketing, Communications and Business Development, MCPc