Ohio Dominates Site Selection’s 2017 Governor’s Cup Rankings
The month of March offered an array of positive news on Ohio’s continued momentum when it comes to economic development success. Site Selection released its 2017 Governor’s Cup rankings, and Ohio earned the No. 2 spot overall for total projects for the fourth consecutive year and placed third in overall projects per capita. That makes Ohio the only state to consecutively place in the top three of both categories.
Cincinnati and Columbus both placed in the top 10 for metropolitans with a population over 1 million. Akron, Dayton and Toledo earned top 10 rankings in metropolitans with a population between 200,000 and 1 million.
Where Ohio really outshines the rest of the country is the power and capabilities of our smaller cities. In 2017, Ohio had more micropolitans in the Top 100 list than any other state. It’s the third straight year that Ohio led the list of micropolitans, defined as cities with 10,000 to 50,000 people.
Site Selection named Findlay the No. 1 overall micropolitan for the fourth straight year. According to Site Selection magazine, Findlay has appeared among the top 10 a total of 12 times since 2000. Wooster, Ashland and Tiffin all placed in the top 10 list of top-producing micropolitans.
Other Ohio cities named to the Top 100 Micropolitans include, in order of rank: Ashtabula, Celina, Sidney, Norwalk, Bellefontaine, Greenville, Marion, Sandusky, Urbana, Wapakoneta, Cambridge, Portsmouth, Van Wert and Wilmington.
Companies in a variety of sectors are consistently choosing to invest in locations across Ohio, regardless of community size. These strong results demonstrate how our close collaboration with state, regional and local partners helps us to better deliver Ohio’s valuable assets to help businesses thrive.
That collaboration also resulted in a strong year for JobsOhio as we posted record results.
In 2017, JobsOhio completed 272 projects with companies that committed to create 22,788 new jobs, retain 67,849 existing jobs, and invest $9.6 billion in new capital. The job creation result represents an 11 percent increase over 2016, and these new jobs will create a JobsOhio record-tying $1.1 billion in new payroll in Ohio. The capital investment result is more than double the 2016 amount and also sets a new record for JobsOhio.
We could not have achieved this success without our local partners. Thank you for your valuable contributions and community perspectives. JobsOhio begins 2018 with excitement, momentum and an outstanding team. We encourage you to review our 2017 annual report as well as our new website to learn more about how we can work together to position Ohio for even stronger growth.
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.read more
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.read more
As the economy recovers and Ohio businesses across the state work to stay open or in some cases reopen, JobsOhio’s Northwest Ohio Network Partner, the Regional Growth Partnership, hosting OHZone, a virtual career fair, on Thursday, November 5, 2020.read more