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.
Housing demand outstrips supply so much that developers can be – and are – very selective about where they choose to invest. Factors like land price, annexation and zoning processes, infrastructure costs, density, and community design specs will make or break a developer’s go-or-no-go decision. This panel discussion will provide insights into developers’ decision-making processes, as well as help direct the focus of local economic developers to those areas in which they can add value in housing discussions.
The Call for Presentations for the OEDA Annual Summit to be held September 4-6, 2024, at the Glass City Center in Toledo, Ohio, is now open. The Annual Summit offers a unique platform to highlight innovative solutions, spark discussions, and share impactful strategies that have positively influenced communities. The Annual Summit organizers are seeking speakers to provide a variety of high quality educational sessions to attendees.
The Ohio Economic Development Association has announced JP Nauseef and Dr. Ned Hill as the keynote presenters for the upcoming Ohio Basic Economic Development Course, April 29-May 2, in Dublin, Ohio. JP Nauseef, the President and CEO of JobsOhio, which has been described as the “best in class state economic development partnership,” will welcome the Basic Course students and Keynote the course. Dr. Ned Hill, a recognized national expert in economic growth, regional development, and economic development, will kick off the course by covering “What is Economic Development and What is the Job of an Economic Development Professional?”