JobsOhio Board Of Directors Hold Public Meeting In Toledo
Meeting Includes Discussion of Second Quarter 2015 Results and Regional Update
TOLEDO – The JobsOhio Board of Directors held its quarterly public meeting at the Regional Growth Partnership (RGP) in Toledo. The meeting included a summary of the company’s second quarter 2015 performance and a regional update from RGP.
“In the second quarter, we announced 90 projects, the highest number of projects in the last five quarters; and over 5,400 new jobs, the most in the last four quarters,” said JobsOhio President and Chief Investment Officer John Minor. “In addition, the $2.6 billion in capital investment in the second quarter is well above the quarterly average over the past year.”
Minor noted recent Northwest Ohio project wins include Tower Automotive, which will add two new assembly lines and 138 new jobs in Bellevue; and Nelson Packaging, which will add 140 manufacturing and warehouse jobs in Lima. Other significant project wins in the second quarter include Amazon, which will invest $1.1 billion to build new data centers in Central Ohio; and Barclays, which will bring 1,500 jobs to a customer service center in Hamilton.
JobsOhio Senior Managing Director Aaron Pitts and ProMedica President and Chief Executive Officer Randy Oostra then provided an update of ProMedica’s upcoming move into a historic building in downtown Toledo. JobsOhio is working closely with ProMedica, the City of Toledo, RGP, the State of Ohio and other partners to revitalize the site, where ProMedica will consolidate 900 jobs, create 600 jobs, and invest up to $85 million along the Maumee River by Spring of 2017.
During the regional update, RGP President and CEO Dean Monske said the ProMedica project is one of many that are reviving Toledo’s downtown. He said the announcement of construction for the new downtown Mud Hen’s ball park in 2000 helped boost Toledo real estate values up to 111 percent in the surrounding area. “Since that time, 60 new businesses and 700 residences have been created in the city, bringing an additional $12 million in payroll downtown,” Monske said.
JobsOhio Managing Director Glenn Richardson then provided an advanced manufacturing sector update. He reviewed the strategy for growing this sector, which includes a focus on emerging technologies: 3D printing, advanced lightweight materials, and sensors and data analytics supporting the autonomous vehicles and the connected factory of the future.
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.
For more information, contact:
Matt Englehart, JobsOhio