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2015 Annual Report Shows Largest New Jobs and Capital Investment Commitment
COLUMBUS, OH--(Marketwired - Mar 2, 2016) - Companies across the United States and the world are recognizing that Ohio has the formula for success. JobsOhio, a private, nonprofit corporation designed to drive job creation and new capital investment in Ohio, released 2015 results and they are record-setting. According to the 2015 Annual Report and 2016 Strategic Plan, JobsOhio worked with state, local and regional partners in 2015 on 330 projects with companies that committed to creating 23,602 new jobs and investing $6.7 billion in new capital.
JobsOhio attracted diverse companies new to Ohio last year, which accounted for 41 percent of new jobs committed in 2015. By comparison, business attraction projects made up 27 percent of Ohio job commitments in 2014. Large corporations drove job creation and capital investment, while most current and expected job growth comes from small and medium enterprises.
"We have maintained a consistent mission around job creation and capital investment, and fulfilling this mission has never been more evident than this past year," said JobsOhio President and Chief Investment Officer John Minor. "We approach each project as an investment that we make in an Ohio business. Given the attractive qualities of this state, we are all-in on Ohio's economic future," Minor explained.
Growing target industries including Biohealth, Information Technology and Advanced Manufacturing led employment gains in 2015. Also, the report highlights impactful trends in Automotive, Logistics and Distribution, and Shale Energy and Petrochemicals leading more companies to select Ohio for expansion and investment.
Download the full report to learn more about the 2015 record results, company success stories, financial statements, as well as target industries and 2016 strategic goals.
JobsOhio is a private, nonprofit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion efforts. JobsOhio works with six regional partners across Ohio: Appalachian Partnership for Economic Growth, Columbus 2020, Dayton Development Coalition, REDI Cincinnati, Regional Growth Partnership and Team NEO.
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