Ohio Delegation Strengthens Its Relationship with Japan
This month, Gov. Mike DeWine and Ohio legislators, economic development partners and other leaders traveled to Japan for a business development mission. The purpose of the visit was to grow relationships with current and prospective company investors and create greater awareness about Ohio among company representatives, key influencers and government leaders. The Ohio delegation also took part in the Midwest U.S.-Japan Association (MWJA) Conference, an annual gathering of Midwest states to discuss the growth and progress of economic relations between the American Midwest and Japan.
While in Japan, the delegation met with over 70 companies. Several companies already invested in Ohio announced plans to further invest. They include:
- Tigerpoly Manufacturing, Inc.: Expanding its operations in the Columbus Region, investing more than $10.7 million and creating 40 new jobs. Read More >
- Jefferson Industries Corporation: Expanding its facility in West Jefferson, Ohio, creating 150 new jobs and investing $10.8 million. Read More >
- Topre America Corporation: Creating 70 new jobs with the expansion of its Springfield, Ohio, manufacturing facility. Read More >
- Neaton Auto Products Manufacturing, Inc.: Investing approximately $15 million to expand its Dayton region operations to meet increased customer demand and create 70 new jobs. Read More >
Ohio’s visit to Japan was insightful and highlighted many additional opportunities. We believe Ohio’s outstanding presence played a major role in the success of the trip. We’d like to thank Gov. Mike DeWine, First Lady Fran DeWine, Development Services Agency Director Lydia Mihalik, Ohio Representative Bill Reineke, Dayton Development Coalition, Team NEO, REDI Cincinnati, RGP Northwest Ohio, One Columbus, the city of Blue Ash, Columbia Gas of Ohio, Columbus State Community College, the city of Dublin, Franklin County Board of Commissioners, Grow Licking County, Honda of America, Madison County Chamber of Commerce, the city of Marysville, the city of Tiffin, Tiffin-Seneca Economic Partnership and Vorys, Sater, Seymour and Pease LLP.
We will continue to work with our partners across the state and our colleagues in Japan on more opportunities for growth as we look forward to welcoming new investment in Ohio.
A new program — the Ohio Maritime Assistance Program program — is providing funding to ports along the Ohio River and Lake Erie or businesses within ports.
The Program began accepting applications from ports in late January and will continue through March 27. The program is making available $11 million through June 30 and an additional $12 million for the 12 months ending June 30, 2021.read more
During fall 2019, the General Assembly changed Ohio law governing tax increment financing (“TIF”) exemptions in a big way. For certain TIF projects, local communities can extend the exemptions – and therefore continue to redirect property tax millage to necessary public infrastructure improvements – up to 30 additional years.read more
(COLUMBUS, Ohio)—Lt. Governor Jon Husted, in his capacity as Director of the Governor’s Office of Workforce Transformation, today announced the launch of the Industry Sector Partnership grant program, which was funded through the state operating budget.read more