Learn more about relocating or expanding to Ohio

Ohio business climate, manufacturer incentives, and advantages of OH communities

Relocate or Expand to Ohio - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Ohio business climate, manufacturer incentives, and advantages of OH communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Ohio Business Data*

Ohio

Population: 11,542,645
Total Labor Force: 5,762,900
Unemployment Rate: 6.9%
Number of Manufacturers: 16,896
Manufacturing Jobs: 858,717
Right to Work: No
Unemp. Ins. Tax: 0.712.0%
 
Corporate Income Tax:
Commercial Activity Tax (CAT) on Taxable Gross Receipts (TGR) of 150,000 or more. TGR between $150,000 and $1 million are subject to minimum tax of $150. TGR above $1 million are taxed at a rate of 0.26%.

Sales Tax:
5.5%. Exemptions include: Machinery & equipment and other materials used in packaging property for sale by a manufacturer; material produced for sale by manufacturing, assembling, processing, or refining; tangible personal property used or consumed in a manufacturing operation.

Property Tax:
Property taxed at 35% of market value. Tax rate applied to the assessed value varies by school district.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
17% Industrial machinery and equipment
12% Fabricated metal products
10% Transportation equipment
9% Rubber and miscellaneous plastic products
8% Food and kindred products

Largest Manufacturing Establishments:
(by number of employees)
GE Aviation Systems, LLC (Cincinnati) - 7,300
AK Steel Corp. (West Chester) - 6,100
Honda Of America Mfg., Inc. (Marysville) - 5,000
Swagelok Co. (Solon) - 4,295
Chrysler Group, LLC (Toledo) - 4,003
 
Counties with the Most Manufacturing Jobs:
Cuyahoga - 123,499
Hamilton - 90,385
Franklin - 75,298
Montgomery - 47,089
Summit - 46,583

Cities with the Most Manufacturing Jobs:
Cincinnati - 82,539
Cleveland - 66,415
Columbus - 50,656
Dayton - 29,218
Toledo - 23,529

Manufacturing Related Business Incentives:
Community Reinvestment Areas
Enterprise Zones
Job Creation Tax Credit
Job Retention Tax Credit
R&D Investment Tax Credit
Site Selection Assistance
Roadwork Development (629) Account
Community Development Block Grants
166 Direct Loan
Innovation Ohio Loan Fund
Ohio Enterprise Bond Fund
R&D Investment Loan Fund
Rapid Outreach Grant
Volume Cap (for Private Activity Bonds)
Ohio Advanced Energy Fund
Ohio Energy Gateway Fund
Workforce Guarantee Program


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Community Improvement Corp., Belmont County Dept. Of Development
Belmont County is the center of Eastern Ohio, sharing development in the Ohio River Valley with Pennsylvania and West Virginia. Situated in the Buckeye State's Appalachian foothills, it is a key region of Ohio's economic development. The Community Improvement Corporation (CIC) is located in the Belmont County seat of St. Clairsville, and is your prime point of contact for regional economic development.
117 E. Main St., St. Clairsville, OH 43950 (Map & Aerial View)
(740) 695-9678
(740) 695-1536 Fax
www.belmontdod.com


Fostoria Chamber Of Commerce & Visitors Bureau
To foster positive growth and community development by creating a positive economic, political and social climate.
121 N. Main St., Fostoria, OH 44830 (Map & Aerial View)
(419) 435-0486



Looking to reach Ohio manufacturers? Access the Ohio Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/24/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912