Ohio Can Lead America’s Heartland as More Companies Look to Reshore
For years, companies have been looking for ways to reduce production costs. Building production facilities overseas was commonly perceived as one way to save. However, companies are now seeking to move their facilities back to America and with the effects of COVID-19, reshoring has never been more important.
Companies—both domestic and foreign— are investing in America for production and manufacturing. Ohio and the rest of America’s Heartland —the region between the Rockies and Appalachia — is proving to be a prime location for these facilities. Keeping operations in the U.S. provides companies benefits such as protecting intellectual property, shortening supply chains, and shrinking wage differentials between the United States and other overseas locations. Keeping supply chains domestic by reshoring facilities also allows for efficient operational shifts to meet customer demands.
Heartland Forward, with the support of JobsOhio, recently authored an article titled Reshoring America: Can The Heartland Lead The Way? This report is a look into the advantages the U.S. Heartland has in leading reshoring initiatives. The article also highlights that America’s Heartland was built on manufacturing and continues to have the talent, culture, and infrastructure to best support it. Interest in reshoring has never been stronger as it has bipartisan support from the government.
Ohio is in a great position to lead the Heartland in reshoring. For years, Ohio has attracted global investment and been a staple of manufacturing and production in the Heartland. Ohio’s central location, simplified tax structure, and low cost of business stimulates economic diversification and prosperity.
We look forward to the potential Ohio has to lead the way in the reshoring surge as it continues to be a state of innovation in the manufacturing and production field! I invite you to read and leverage the support in economic development.
Much more than just “drug houses”; State grants to fund commercial building demolition would propel county land banks as key drivers of Ohio’s economic development
In late April 2021, a legislative committee in the Ohio House held its second hearing to consider creating a $100 million grant program, exclusively for county land banks, to fund commercial building demolition. Ohio’s land bank statutes are recognized as a national model, uniquely providing an opt-in for county commissioners to direct tax collections to fund their county land banks’ activities. That revenue model, coupled with allocations from the state’s Hardest Hit Fund (specifically, the sun-setting Neighborhood Initiative Program), allowed land banks to grow in number during the past decade and thrive in addressing so-called nonproductive land in their communities.read more
Archbold, Ohio – Communication, collaboration, and partnerships are all sometimes a difficult ask. The ultimate goal of all three is to produce action that leads to meeting a goal or need. At Paulding High School, the goal was met as five students completed the Northwest State Community College welding course. The offering, consisting of two college level welding courses, came to fruition alongside the OhioMeansJobs-Defiance and Paulding Counties Office, the Paulding County Economic Development Office, Paulding High School, and Northwest State Community College.read more
Every year we celebrate the organizations and individuals that have partnered with us to help grow our local economy. Due to COVID-19, we were unable to host our Annual Meeting & Business Development Awards Ceremony. This year we celebrated the Award recipients at their place of business.read more