Global Engagement Adds to Ohio’s Job Pipeline
Foreign direct investment (FDI) benefits Ohio’s economy in many ways and is playing a major role in contributing to Ohio’s job pipeline. First quarter results show that Ohio projects overall are up 13.5 percent and job numbers are up 34 percent compared to this time last year, thanks in part to FDI. International investment in Ohio is up more than 11 percent from last year, leading to a 68.5 percent increase in FDI-related jobs.
In the first quarter, international companies from Europe and the Middle East committed to expanding in Ohio, including Borgers, a German automotive supplier, and Alkermes, a growing biopharmaceutical company from Ireland.
Trade shows like 2017 SelectUSA Investment Summit in Washington, D.C., attended this week by JobsOhio and economic development partners from across the state, have been an important source of new international investment in the past. Ohio’s team made crucial connections at SelectUSA in 2015 that attracted Italy-based Sofidel to central Ohio, creating 310 jobs and a nearly $260 million investment. Connections made at that same event resulted in U.K.-based Mineral Insulated Cable Company’s choice of Northwest Ohio earlier this month as its U.S. entry point.
JobsOhio and its partners hope to once again make and nurture strong connections with global investors from numerous industries looking to expand and hopefully bring jobs to Ohio.
Extension Educator, Community Development in Noble County to conduct programming for OSU Extension targeted to local needs. An earned Bachelor’s or Master’s degree at the time of hire is required. Preference will be given to candidates with a degree in the field of economic development, public administration, business administration, community planning, community development, applied economics or a related field.read more
OEDA invites you to submit a proposal to present at the 2018 Annual Summit, themed “Back to Basics” to be held October 17-19 at the Columbus Renaissance Downtown. The sense that 2018 is going to be a very busy and dynamic year serves to remind us that we need to be doing the foundation work better than ever in order to have great success.read more
This is your last opportunity to register for OEDA 360. Don't miss your chance to hear about the latest trends impact economic development, the current state of key Ohio industries, tips on accessing resources, programs, and funding and getting the inside scoop on...read more