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.
GA Telesis and Air Transport Services Group to Open Engine Maintenance Facility at Wilmington Air Park
GA Telesis, LLC, a global aviation services integrator, and Air Transport Services Group, Inc. (NASDAQ:ATSG), a leading provider of aircraft leasing and air cargo transportation and related services, announced they have reached an agreement with the Clinton County Port Authority (CCPA), JobsOhio, and the Ohio Department of Development to open a 72,000 sq. ft. Specialized Procedures Aeroengine Hospital (SPAH) at the Wilmington Air Park in southwestern Ohio.read more
OEDA has many interesting and dynamic professional development sessions coming up soon.read more
On April 28, JobsOhio was announced as the National Organization of the Year (in our category) of the 2022 American Business Awards (ABA). Widely regarded as the world’s premier business awards program, this competition attracted more than 3,700 nominations. This recognition is further validation that the JobsOhio platform is Ohio’s competitive advantage.read more