Skip to content

Magazine ranks Ohio first in new economic development projects

Ohio also earned the No. 2 spot for total projects overall, making it the only state to place in the top three in both categories.
0
Mike DeWine 12172019
Ohio Gov. Mike DeWine (Vivien McClain Photography)

COLUMBUS — Site Selection, a leading corporate real estate economic development magazine, announced that Ohio ranked No. 1 in its Governor’s Cup 2019 state economic and business attraction rankings for bringing more new corporate facility projects per capita than any other state in the nation. 

Ohio also earned the No. 2 spot for total projects overall, making it the only state to place in the top three in both categories.

“The ranking by Site Selection magazine shows what we’ve known all along. Ohio is a great place to do business,” Gov. Mike DeWine said in a news release. “Our central location, strong business climate and talented workforce are some of the driving factors in attracting new business and expansion projects in Ohio.”

The state jumped to the top spot per capita from No. 3 in 2018 based on Site Selection criteria, which measures new business projects with significant impact, including headquarters, manufacturing plants, R&D operations, logistics sites and others.

JobsOhio announced last week in its 2019 Annual Report that Ohio had secured more than 300 new projects, resulting in 22,770 new jobs and $7 billion in capital investment.

“There is no doubt Ohio is the go-to state in the Midwest to grow a business — we have talent, tech and tenacity,” Lt. Gov. Jon Husted said. “Over the years, Ohio has built itself into the place to do business with focused efforts on tax reform, tort reform, education reforms and a privatized economic development effort in JobsOhio, which we have bolstered with innovations in workforce development and a great, sustainable infrastructure strategy. Ohio has the most diverse economy in the Midwest, and we are working every day to show the world we are customer-service friendly and open for business.”

Site Selection has awarded the Governor’s Cup annually since 1988, based on new and expanded corporate facilities as tracked by the proprietary Conway Projects Database. Site Selection's yearly analyses are regarded by corporate real estate analysts as "the industry scoreboard."

To see a full list of the Site Selection honorees, visit SiteSelection.com.



Comments