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JobsOhio 2017 Annual Report Highlights Results | OEDA

JobsOhio 2017 Annual Report Highlights Results

Mar 23, 2018 | Uncategorized

We are proud to present the JobsOhio 2017 Annual Report and 2018 Strategic Plan. 

This report provides an overview of how JobsOhio executes its mission to drive job creation, new capital investment, and economic growth in Ohio through business attraction, retention, and expansion efforts.

In collaboration with our state, regional and local partners, JobsOhio celebrates a successful year. In 2017, there were:

  • 272 projects announced
  • 22,788 new job commitments
  • 67,849 existing jobs retained
  • $1.1 billion in new payroll
  • $9.6 billion in new capital investments

The 2017 capital investment commitments are a new high for JobsOhio. Additionally, job numbers are 11 percent higher than those in 2016.

In 2018, JobsOhio will remain focused on accelerating job growth and increasing capital investment across businesses of all sizes. We will also continue to advance our client-focused programs in areas where we see potential for additional growth by investing in innovation, sites, and talent.

On behalf of JobsOhio and our Board of Directors, our team thanks you for your support and partnership as we work toward achieving another successful year in 2018. We welcome your observations and perspectives on our annual report and strategic plan.

Capitalizing on rural corporate site location opportunities

Rural communities are prime targets for companies considering a corporate site location project. Rural areas in the U.S. cover 97 % of the nation’s land area but contain 19.3 % of the population who are more likely to own a single family home, are older and less likely to hold a bachelor’s degree or be in poverty than their urban counters.

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AEP Names Wells Vice President, Sales, Economic and Business Development

American Electric Power (Nasdaq: AEP) has promoted Timothy J. Wells to vice president, Sales, Economic and Business Development, effective Nov. 2, 2020. Wells replaces Mark James who retired last month.

Wells, 55, will lead AEP’s efforts to attract new commercial and industrial customers to its service territory and help existing customers take advantage of AEP’s growing menu of business consultation services. AEP has unique expertise in the energy field and has become a trusted energy advisor to many of its larger customers. Wells will be responsible for leading growth in services that fall outside of the distribution and transmission of electricity, in addition to helping communities bring new jobs to their local economies.

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