JobsOhio Board of Directors Holds Public Meeting in East Liberty
Meeting Includes Discussion of First Quarter 2015 Results and Automotive Update
COLUMBUS – The JobsOhio Board of Directors held its quarterly public meeting at the Transportation Research Center, Inc. (TRC) in East Liberty. The meeting included a summary of the company’s first quarter of 2015 performance and a regional update from Columbus 2020.
“First quarter results included 3,980 new jobs, up 20 percent over the fourth quarter of 2014, and $1.5 billion in new capital investment, in line with prior quarters,” said John Minor, President and Chief Investment Officer for JobsOhio. “The 76 projects completed in the first quarter were across sectors, illustrating Ohio’s diverse industry base, and included attraction projects yielding 27 percent of the new job creation.”
Minor reported the current project pipeline remains healthy, with more than 500 projects at JobsOhio and its regional partners representing more than 80,000 in potential new and retained jobs. He noted the increase in the projects in the later stages of the pipeline.
Minor also reviewed several recent projects, including Fuyao Glass America Inc., Valfilm North America Inc., and Gojo Industries, which all are adding jobs and expanding at Ohio facilities that had been previously closed by other companies.
Director of Project Management Matt Cybulski reviewed game-changing projects in the first five months of 2015. These include PTT Global Chemical and its partner Marubeni selecting Belmont County as its number one choice for a new multi-billion dollar ethane cracker, and Amazon choosing Ohio for three data centers and at least one fulfillment center that will bring 1,000 jobs.
JobsOhio Managing Director Kristi Tanner updated the Board on Ohio’s automotive industry and highlighted that the TRC continues to be a great resource for Ohio.
“Just as TRC was instrumental in attracting Honda to Ohio, it will be a key partner decades into the future as the auto industry continues to transform itself,” said Tanner. “The TRC is a tremendous Ohio asset that can lead in terms of R&D, autonomous vehicles, safety, and industry collaboration.”
Columbus 2020 Chief Economic Officer Kenny McDonald later provided a regional update, which included recognizing the City of Columbus being named a top seven “Most Intelligent Community” worldwide by the Intelligent Community Forum. He also discussed significant project wins in the region, highlighted by the recent announcement by Amazon that it will bring 1,000 jobs to the region.
JobsOhio is a private, non-profit corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion efforts. Learn more about JobsOhio at jobs-ohio.com
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For more information, contact:
Matt Englehart, JobsOhio