Ohio: An Energy Powerhouse
For years, the Gulf Coast was recognized as the place in North America for energy investment. Today, energy investors are turning their gaze to Ohio.
As you know, Ohio sits atop much of the Utica and Marcellus shale formations, a source of vast amounts of natural gas. This has largely contributed to a rising interest from energy companies in investing in Ohio. These shale formations have brought about more investment opportunities, no matter where in the state companies choose to invest.
In Northeast Ohio, the Risberg pipeline development was a critical component for landing the Petmin USA project, a nearly $350 million investment from Petmin Holdings, which is South Africa’s largest producer of metallurgical anthracite coal.
JobsOhio created a video that summarizes the story of Ohio as an energy powerhouse. The video was shown at the JobsOhio public board meeting on June 17. You can view the video below. This video, as well as our other videos, are available for your use when speaking to companies about what Ohio has to offer.
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2020 will have ten critical corporate site location trends that will impact economic development across the United States. The Montrose Group provides corporate site location, economic development planning, project financing and lobbying services to companies and organizations across the United States and annually releases the top ten economic development trends impacting corporate site location. The Montrose Group has negotiated corporate site location projects totaling over $1 B in economic development incentives and has active projects in multiple states.read more