Ohio: An Energy Powerhouse

Jun 26, 2019 | News, Newsletter

Matt Cybulski
JobsOhio

 

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.

 

Click Here to Watch

Prioritizing Ohio Businesses During COVID-19 Recovery

This year presented us with a lot of unexpected challenges. But as Ohioans, we don’t give up, and throughout this pandemic, we’ve demonstrated the value of our economic development network. The JobsOhio team is thankful for all you’ve done to help companies and your communities during this time. We have a long road still ahead of us, but JobsOhio believes this is the time to rebuild, improve and seize opportunities.

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