Economic Overview

Economic Development Overview

As you look to expand into the North American market, consider Northwest Ohio’s ideal balance of strategic location, skilled workers and a history of manufacturing excellence and innovation. Just ask the 11 Fortune 500 companies that do business here why it works for them.

Situated at the crossroads of the three busiest U.S. interstates in the United States—I-75 (north and south) and I-80 (east and west) and I-90 (east and west)—the region is located within 600 miles of 60% of the North American population. Our flagship city, Toledo, is home to the largest landmass port along the Great Lakes and has modernized its equipment to handle cargo more efficiently than any other facility in the Midwest. CSX has also established a major rail transport facility in North Baltimore, OH as part of its transformational National Gateway system. We are also 40 minutes from Detroit Metro Airport, which has direct flights to and from such major cities as Amsterdam, Beijing, Frankfurt, London, Nagoya (Japan), Paris, Rome, Seoul, Sao Paolo, Shanghai and Tokyo.

Our workforce is highly trained in various manufacturing industries, having built automobiles and glass products (and everything associated with both of those sectors) since the early 1900s. If you are familiar with the quality of U.S. manufacturing, it is largely due to the dedicated people of Northwest Ohio who have led the way in productivity and excellence for more than a century. The supply of new talent is being refreshed regularly, as nearly 180,000 students are enrolled at one of the area’s 49 colleges, universities and post-secondary institutions located within an hour’s drive.

From alternative energy and automotive to food processing and logistics, Northwest Ohio has the proximity to markets, access to labor and supportive business climate to nurture any international company’s growth in North America. Review the key resources below or call us directly to find out how we can get you started.

Northwest Ohio Incentives for Foreign Companies

Federal, state and local governments offer a variety of business incentives to encourage foreign and domestic companies to do business in the U.S. The Regional Growth Partnership can help you identify the right ones for your expansion, including the Jobs Creation Tax Credit. For this, Ohio provides a refundable tax credit for companies that create at least 10 new full-time jobs and at least $660,000 in total new annual payroll.