OHIO
THE PROFITABLE CHOICE FOR BUSINESS
GLOBAL COMPANIES CHOOSE OHIO, USA
• EASY ACCESS TO MARKETS, PARTNERS AND CUSTOMERS • WORLD-CLASS WORKFORCE, TRAINING, AND EDUCATIONAL RESOURCES • COST EFFECTIVE AND STABLE BUSINESS CLIMATE • LONG TRADITION OF INTERNATIONAL PARTNERSHIP AND INVESTMENT
OHIO’S RANK IN THE U.S. MOST IMPROVED BUSINESS CLIMATE
(Chief Executive Magazine, 2013)
LARGEST MANUFACTURING GROSS DOMESTIC PRODUCT ($87.2 billion)
LARGEST POPULATION (11.5 million)
GAIN EASY ACCESS TO MARKETS, PARTNERS AND CUSTOMERS AIR Global access via five international airports
ROAD Within a 6-hour truck drive to Chicago and the East Coast
RAIL 4th largest network of railroads and 11 intermodal facilities
WATER PORTS 209 ports and terminals along the Ohio River and Lake Erie PAGE 2
75
WITHIN A ONE DAY DRIVE OF 60% OF U.S. AND CANADIAN MANUFACTURING AND POPULATIONS
TORONTO
90 DETROIT CHICAGO
80
80 CLEVELAND
90
80 70
PITTSBURGH
INDIANAPOLIS 71 CINCINNATI
70
RICHMOND
ST. LOUIS
64
LOUISVILLE 64 65
INTERSTATE HIGHWAYS
77
INTERSTATE HIGHWAYS
40 75 ATLANTA
77
600 miles/1,000 km
FROM ASIA
FROM EUROPE
300 miles/500 km
FROM SOUTH AMERICA
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UTILIZE A PRODUCTIVE WORKFORCE Find world-class workforce, training and other educational resources Ohio offers companies versatile, educated employees – from seasoned executives and highachieving college graduates to skilled trade professionals. The state also cultivates partnerships that bring together companies with industry-specific needs and higher education institutions that have core strengths in those areas of expertise. Universities in Ohio are partnering with more than 2,000 companies here and around the world to further develop the state’s talented workforce. • Large workforce – The 7th largest population in the U.S. offers a workforce of 6 million Ohioans • Well educated – Home to more than 200 higher education institutions with diverse programs that range from agriculture to engineering • Streamlined hiring – Workforce development is localized, efficient, and can assist a company in all aspects of recruitment and development (OhioMeansJobs.com) • Loyal and hard working – Midwestern work ethic results in quality products and services
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COST-EFFECTIVE, STABLE BUSINESS CLIMATE A diverse economy and continuously improving business climate
Lowest Taxes in the Midwest
enable Ohio-based companies to be competitive in the global market. Companies investing in Ohio experience the lowest taxes in the Midwest on new capital investments. A state budget surplus and stable credit outlook from the nation’s top three credit rating agencies support Ohio’s strong and sustainable business environment. Maximize Profits with a Low-Cost of Doing Business
6.8%
6.5% Kentucky
4.6% Illinois
Indiana
• No tax on corporate profits • No tax on machinery, equipment, and R&D investments • No tax on products sold to customers outside of Ohio • No tax on tangible personal property Singular Commercial Tax Ohio’s Commercial Activity Tax is a low 0.26 percent on gross receipts
7.2% Michigan
Ohio
4.5% Wisconsin
— Ernst & Young, May 2011
exceeding $1 million – and not applied to gross receipts outside of Ohio. Improved Regulatory Climate Regulatory reform is ongoing in Ohio to bolster the state’s economy and create jobs. Improvements include removing unnecessary and overly complicated regulations while streamlining processes that make compliance as easy as possible to provide predictability to businesses.
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GLOBAL COMPANIES IN OHIO A selection of global companies located in Ohio with 500 or more employees: A. Schulman, Inc.
D’Ieteren SA
ABB LTD
D+S GmbH
Abercrombie & Fitch
Dana Holding
Accenture LTD
Delfin SARL
Aisin Seiki Co., LTD
Deutsche Post AG
AkzoNobel N.V.
DIC Corp.
Alcatel-Lucent
Edizione SRL
ALDI GmbH & Co. KG Essen
Extendicare Limited Partnership
Aleris International
Koninklijke Philips Electronics N.V. L’Oreal SA L Brands Magna International Inc. Meggitt PLC Mettler-Toledo International Mitsubishi Corp. Moriroku Holdings Co.
SANWA Shutter Corporation Schaeffler Group Schneider Electric SA Securitas AB Showa Corp. Siemens AG Signet Jewelers Limited Stanley Electric Co., Ltd Sumitomo Corp.
EZ ENERGY LTD
Munich Re
F-TECH Inc.
Nestlé SA
Fiat S.p.A.
Nidec Group
FirstGroup PLC
Nihon Plast Co., LTD
Fresenius SE
Nippon Sheet Glass Co., LTD
The Royal Bank of Scotland Group PLC
BAE Systems PLC
Friedhelm Loh Stiftung & Co. KG
Nissin Kogyo Co., LTD
ThyssenKrupp AG
BASF SE
General Electric
Omers Capital Partners Inc.
Timken
Behr GmbH & Co. KG
Givaudan SA
Owens-Illinois
Tokai Kogyo Co., LTD
BP PLC
GKN PLC
Parker Hannifin
Tokai Rubber Industries, LTD
Bridgstone Corp.
Goodyear Tire & Rubber
Permira Advisers LLP
TS Tech Co., LTD
C.H. Boehringer Sohn AG & Co. KG
Greif
Premier Farnell PLC
Tyco International LTD
Procter & Gamble
UBS AG
Reed Elsevier Group PLC
Valcon Acquisition Holding (Luxembourg) SARL
Alimentation Couche-Tard Inc. Anheuser-Busch Inbev SA Applied Industrial Technologies ArcelorMittal SA Asahi Glass Co., LTD
CapGemini SA Cintas Cliffs Natural Resources, Inc. Compagnie De Saint-Gobain Convergys Cooper Tire & Rubber CRH PLC
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Henkel AG & Co. KGaA Hitachi, LTD HOCHTIEF AG Honda Motor Co., LTD Industrias CH, S.A.B. de C.V. INEOS AG Ingersoll-Rand PLC
Ricoh Co., LTD Rolls-Royce Group PLC RPM International Sabmiller PLC Sankei Giken Co., LTD Sanoh Industrial Co., LTD
Tata Sons Limited Teleperformance Teradata
Vallourec SA Wolseley PLC WPP PLC Zurich Financial Services AG
TAKE ADVANTAGE OF THE JOBSOHIO NETWORK JobsOhio is a private corporation focused on driving job creation, new capital investment, and economic growth for Ohio. Its success is tied to the JobsOhio Network, a statewide partnership of regional economic development organizations with deep ties to their local business communities.
Network Partners TOLEDO CLEVELAND
Appalachian Partnership for Economic Growth Cincinnati USA Partnership Columbus 2020
AKRON
Dayton Development Coalition Regional Growth Partnership Team NEO | Cleveland+ Business
COLUMBUS
DAYTON
NELSONVILLE
CINCINNATI
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Build Your Business in Ohio
• Easy access to markets, partners, and customers
• World-class workforce, training, and educational resources
• Cost effective and stable business climate
• Long tradition of international partnerships and investment
Ohio welcomes global investment. For more information about locating in Ohio, contact JobsOhio or visit Jobs-Ohio.com Mindy McLaughlin Manager Foreign Direct Investment mclaughlin@jobs-ohio.com 614-300-1355
JobsOhio, 41 S. High Street, Suite 1500, Columbus, Ohio 43215 JobsOhio is a private organization established to lead the job creation and economic development efforts in Ohio by helping companies find partners, sites and financial resources to grow and succeed.