Ohio’s Outstanding Transportation Infrastructure Is a Key Selling Point

Feb 23, 2018 | News, Newsletter |

Andrew Deye.
Senior Director of Strategy, Sales & Research, JobsOhio.

A well-maintained transportation infrastructure is critical to economic success. Businesses depend on roads and bridges to provide a safe, reliable and efficient way of getting materials from suppliers and products to customers. Moreover, the transportation infrastructure can serve as a catalyst for economic growth and competitiveness.

The Ohio Department of Transportation understands the role of infrastructure in economic development and how it supports the efforts of JobsOhio and our regional and local partners across the state.

ODOT has made an unprecedented investment over the last eight years to improve Ohio’s roads and bridges. Between 2011 and the end of this year, ODOT will have invested $16.4 billion, or about $2 billion annually, into the state’s transportation system, improving 6,374 bridges and 43,598 miles of pavement.

As other states struggle to repair or replace aging highway infrastructure, Ohio is maintaining its greatest man-made asset, using data and technology to take better care of it than ever before. For every dollar ODOT spends on construction this season, 93 cents will go to preserving the state’s existing infrastructure.

These are not the only investments ODOT is making to enhance the state’s infrastructure, however. ODOT is also leveraging technology to prepare Ohio’s roads for the future and to make Ohio a top spot for investments in smart mobility. For example, it is investing millions of dollars to equip 164 miles of roads across the state with fiber-optic cable and roadside communication devices, which will permit the testing of connected and self-driving vehicles. This initiative and other smart mobility projects will not only improve the safety and efficiency of Ohio’s roads, they will also attract companies that are involved in smart mobility innovation.

This is good news for the economic development officials at all levels who are working to sell Ohio as the ideal location to start or expand a business. Thanks to ODOT, Ohio’s outstanding transportation infrastructure is a key selling point for the state.

With the fourth largest interstate system in the U.S., Ohio is a major transportation hub and a world leader in logistics and distribution. The state is already a top choice for companies that are dependent on highways for shipping. Now these companies can have even more confidence in Ohio’s well-maintained roads and bridges, whether they’re moving goods or developing self-driving technologies.

JobsOhio is grateful for ODOT’s leadership in making large, forward-looking infrastructure investments that enhance the state’s appeal to businesses. These investments will pay dividends when it comes to attracting new companies to and retaining existing ones in Ohio.

-end-

What You Can Learn from How NASA and SpaceX Market Rockets

Back in February, I saw the SpaceX Falcon Heavy launch from Kennedy Space Center near Cape Canaveral, Florida. I was four miles away from the launchpad, and it was one of the most amazing things I’ve experienced. That’s not pertinent to this story, but I like to brag about it.

read more

Pipeline H2O Fostering the Next Wave of Water Technology

Water is one of the most vital substances on Earth. It’s a fundamental part of our everyday lives, powering some of our most basic human needs, like hydrating, bathing and cooking. But water is not automatically usable in all forms—throughout history we have made adaptations, such as treating water to rid it of contaminants for our consumption or harnessing its power for electricity. Water remains one of the most crucial components of our everyday lives, which is why Pipeline H2O in Hamilton, Ohio, is fostering the next generation of water technologies.

read more

Votes Boost Cargill, Airport Building Projects

Real estate deals near Dayton International Airport and at Cargill in Sidney got a big boost Monday.

The Dayton-Montgomery County Port Authority Board of Trustees voted unanimously Monday to boost both business expansions, approving deals that will shield construction projects at both sites from state and local sales taxes.

The trustees approved a capital lease financial structure to exempt from sales taxes a $175 million expansion at the Cargill refining plant in Sidney, a project expected to add 12 jobs to a workforce of 293 people.

read more