Ohio Governor Mike DeWine, Lt. Governor Jon Husted, Ohio Department of Development Director Lydia Mihalik, and JobsOhio President and CEO J.P. Nauseef announced on Monday that Joby Aviation Inc. plans to build an electric air taxi manufacturing facility in the state.
According to the press release, the company will build the facility at the Dayton International Airport and anticipates the project to create 2,000 new jobs in the area.
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Ohio Governor Mike DeWine and Lt. Governor Jon Husted announced that Amazon Web Services is expanding its data center operations in central Ohio making the second-largest single private sector investment in Ohio’s history.
DeWine said that Amazon Web Services will invest an estimated $7.8 billion by the end of 2029 expanding its data center operations in the state and creating hundreds of new jobs. The new data centers will be equipped with networking hardware, computer servers, data storage devices, and other types of technology infrastructure needed to support cloud computing.
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Republicans swept the statewide positions, beginning with the governor, in the November general election. However, a probable Republican candidate for the upcoming 2026 election for governor has already been identified.
Former president of the conservative policy organization Buckeye Institute, Matt Mayer now serves as president of Opportunity Ohio. Due to the time and resources required to create that campaign, he has decided to launch an exploratory campaign for the Republican nomination for governor in 2026.
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Peloton’s plan to build the company’s first U.S. factory in the Toledo area has been scrapped, and the company’s CEO is stepping down, the company announced in a news release.
Peloton also announced it was cutting 2,800 jobs, with the bulk of those coming at its headquarters in New York City. The announcements are part of a cost-saving effort the company expects will save around $800 million.
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The e-commerce division of Amazon.com Inc. has committed to building a 1 million-square-foot distribution center in northeast Canton that will employ 1,000 full- and part-time workers when it opens in next year.
In choosing Canton, the company cited an exisiting trained workforce and a welcoming community.
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The recently enacted state government budget will create a $500 million brownfield remediation fund designed to spur the cleanup and redevelopment of former industrial sites and other environmentally damaged properties throughout the state.
A last-minute addition to the two-year, $74 billion operating budget Governor Mike DeWine signed on June 30 revives the Clean Ohio Revitalization Fund (CORF) program shut down under former Governor John Kasich in 2013. The reconstituted program will offer $350 million over two years toward cleaning up and revitalizing brownfields and another $150 million for the demolition of vacant and abandoned properties in Ohio communities.
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With more than 90,000 jobs and 30 defense installations across the states, Ohio political leaders continue to push the state’s commitment to military personnel and its role in the country’s defense operations.
U.S. Sens. Rob Portman (R-OH), and Sherod Brown (D-OH), recently joined Congresswoman Joyce Beatty, Congressman Steve Stivers, Ohio Senate President Larry Obhof and State Sen. Stephanie Kunze in a virtual town hall with JobsOhio President and CEO J.P. Nauseef regarding the state’s plan on expanding its military and federal assets job sector.
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Ohio Gov. Mike DeWine and his administration provided a “Week in Review” for the past week, with actions ranging from providing free books to kids to requiring schools to report coronavirus cases to local health departments.
The week started off Monday with DeWine and Lt. Gov. Jon Husted announcing assistance for five projects to create 574 new jobs and retain 1,058 jobs statewide. The Ohio Tax Credit Authority (TCA) reviewed economic development proposals brought to the board by JobsOhio and its regional partners. Collectively, the projects are expected to result in more than $23 million in new payroll and spur more than $68 million in investments across Ohio.
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JobsOhio has received a clean audit for its most recent fiscal year, but what does that mean?
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Even as John Kasich took over the governor’s office in January 2011, he had his eyes set on privatizing the State of Ohio’s economic development functions. A year after he left office, his brainchild, JobsOhio, sails ahead to new frontiers.
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Friday, Ohio’s private economic development corporation, JobsOhio, released their annual report for 2018. The report assessed current projects, jobs created, jobs maintained, and lastly, capital investments. By these metrics, 2018 appeared to be a strong year for Ohio. However, there are qualifiers to their findings. Overall, by JobsOhio assessment, the organization was involved in 266 projects across Ohio. This is actually a small decrease from previous years. In 2016, the organization was involved in 284 projects and 272 in 2017. However, the payroll and jobs created from these projects are significantly higher. The total payroll for 2018 $1.3 Billion with 27,071 new jobs created. Both of these figures represent significant jumps. While the report does not list the number of jobs lost or why the number of projects decreased, it does list the number of jobs retained. In total, 69,905 were retained in 2018, for a total payroll value of $4.2 Billion. Capital investment remained constant with last year at $9.6 Billion. It should be noted that the job numbers for 2018 reflect future jobs and spending commitments which means that, when the projects are launched, the actual numbers could vary significantly. According to the report, the majority of these new jobs were made in…
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