January 5, 200619 yr ^ yeah but it would cost like a 300+ million to buy the plant from ford. There is also the Batavia plant that might close in SW Ohio, but again it will cost a ton to purchase the property.
January 6, 200619 yr Japanese automakers tend to want to build an entirely new plant as opposed to taking over an old one that may not completely meet their spec's. They also tend to want to build in more rural areas where land for a new plant is generally more plentiful. The Honda Plants in and around Marysville are good examples of this. The under-reported story here is that these plants also give rise to smaller manufacturing and distribution centers for suppliers to the main factory, which allows another Japanese preference.... "just in time" delivery of supplies so they don't have to keep a warehouse full of parts on hand.
January 6, 200619 yr 01/06/2006 No Toyota plans for Lorain's Ford site DALE W. HLAVES , Morning Journal Writer LORAIN -- Although Gov. Bob Taft may be trying to entice Toyota to open manufacturing facilities in Ohio, don't look for one to open in the now-empty Lorain Assembly Plant. Victor Vanov, a spokesman for external affairs for Kentucky-based Toyota Motor Manufacturing North America, said Toyota would not be interested in moving into an existing facility. ''Typically, Toyota would build its own facility,'' Vanov said. ''The facility would have to be specific to Toyota vehicles and to convert a facility built for another brand would just not be cost efficient. It's cheaper to build our own.'' Full story at: http://www.morningjournal.com/site/news.cfm?newsid=15882455&BRD=1699&PAG=461&dept_id=46371&rfi=6
January 6, 200619 yr we talked about this in my intl. business class. Now I didnt read through the entire article, but my teacher said Toyota isnt even sure if they are going to locate this plant. Its kinda funny all these places are fighting for a plant that isnt definitely going in. But, on the other hand, i suppose its best to get a quick start on things. hopefully this thing comes to fruition. i would like to see it in clinton county... i dunno why, i just do. go wilmington!
January 6, 200619 yr yeah is it so beyond the comprehension of taft to find a way to help tear down whatever parts of an old plant toyota would like and let them rebuild on the property? all the infrastructure is there is quite valuable, power plant, rail port, skilled auto assembly workers, etc. what a shame. yeesh, i must be thinking out of the box so this is beyond taft. no reason to not tear apart more farmland, heck its so easy.
January 6, 200619 yr yeah is it so beyond the comprehension of taft to find a way to help tear down whatever parts of an old plant toyota would like and let them rebuild on the property? all the infrastructure is there is quite valuable, power plant, rail port, skilled auto assembly workers, etc. what a shame. yeesh, i must be thinking out of the box so this is beyond taft. no reason to not tear apart more farmland, heck its so easy. Brownfield redevelopment is OFTEN more costly than greenfield. Power plants aren't very valuable to an automaker when there's a whole grid that can be tied into. Old infrastructure is also problematic and can be high maintenance issues (not really Toyota's style). I'm also not sure that Toyota would want ex-Ford employees, they may have poor habits that are not up to to Toyota's high quality control standards.
January 6, 200619 yr I'm also not sure that Toyota would want ex-Ford employees, they may have poor habits that are not up to to Toyota's high quality control standards. And also more likely to unionize.
January 7, 200619 yr Bingo dfly! You just hit at another reason Toyota likes to build in rural areas.... unions are not usually strong there. The UAW has tried and failed several times to organize at Honda. But as an old union organizer once told me: "If a company treats its people right, they don't need a union."
January 7, 200619 yr At least they didn't say West Chester was a site.....glad to see other parts of Ohio getting some attention.
January 7, 200619 yr I hell there is no 500+ acres avaible in West Cheater anymore. Near Trenton. hint hint.
January 7, 200619 yr I too would like to see the plant in Clinton County, seeing how I live in Clinton County, and I like projects that help the county and surrounding area. Additionally, the DHL Airpark will help in shipping the products. Go Wilmington! :-)
January 7, 200619 yr The DHL Airpark wouldn't really be an asset since they will expect " 'just in time' delivery" and that's just not how DHL operates. At least that's what I hear, heh...
January 8, 200619 yr Author I work for a automotive supplier, and our Asian companies want nothing to do with unions. At the same time, one large consideration they give on whether to award supplier business is how well the supplier treats their employees. I know we had some people from Toyota visit one of our plants. The first thing they looked at when they got to the floor was the condition of the bathrooms. They believe if you treat your employees right, they will be happy and productive. Asian companies are really just afraid of union politics, and well to be honest, the more unhappy a plant is, the stronger the union is. If you like your job in a strong union plant, you are not very popular. The Cleveland area will never land an Asian manufacturing company, just refer to all the elected leaders reactions to Wal-Mart coming in.
January 9, 200619 yr They believe if you treat your employees right, they will be happy and productive. Now that's a novel concept. And unions believe that the more unhappy their employees are, the more "secure" the union is in the plant.
January 9, 200619 yr yeah is it so beyond the comprehension of taft to find a way to help tear down whatever parts of an old plant toyota would like and let them rebuild on the property? all the infrastructure is there is quite valuable, power plant, rail port, skilled auto assembly workers, etc. what a shame. yeesh, i must be thinking out of the box so this is beyond taft. no reason to not tear apart more farmland, heck its so easy. Brownfield redevelopment is OFTEN more costly than greenfield. Power plants aren't very valuable to an automaker when there's a whole grid that can be tied into. Old infrastructure is also problematic and can be high maintenance issues (not really Toyota's style). I'm also not sure that Toyota would want ex-Ford employees, they may have poor habits that are not up to to Toyota's high quality control standards. first of all, you realize of course you are promoting sprawl? that many ex-big three employees work for the non-union auto plants??? brownfields? what about land use and farmland? what better use of a brownfield than to reuse it? this is not a new issue the state would help out to prep any brownfield for any major new plant investment, they could even get fed money & go after ford to pay them back. tie into the grid? huh? certainly that can be done easier in a wired urban than rural area. anyway most big factories make their own. like i said, this would require a tad more thinking than taft is able to muscle up even if he wanted to. now if this is strictly an issue of right to work over unionism then ohio would not stand a very good chance to get it. i'd say good for ohio in that case -- go for nabbing an apple or intel facility instead, invest in homegrown, etc. geez i am turning into woody guthrie ***
January 9, 200619 yr From the AP, 1/9/06: PERSPECTIVE: Lawmakers pitch help for automakers while some question impact By ANDREW WELSH-HUGGINS AP Statehouse Correspondent COLUMBUS, Ohio (AP) -- While Republican lawmakers are backing bills to help Ohio's troubled auto industry, some question what effect state aid can have on companies battered by national and international problems. Even the backers of the measures, including Gov. Bob Taft, acknowledge the state efforts won't make a difference by themselves. But they argue that doing nothing is worse, especially in an industry that accounts for 150,000 manufacturing jobs in a state that lost thousands of such good-paying positions during the last recession. "These incentives can make a difference at the margin," Taft said. "None of them work miracles, but we want to do all we can in Ohio to create a good climate for automotive investment and retaining as many of these good jobs as we possibly can." MORE: http://hosted.ap.org/dynamic/stories/O/OH_ASSISTING_AUTOMAKERS_OHOL-?SITE=OHTOL&SECTION=US&TEMPLATE=DEFAULT
January 11, 200619 yr Ohio economy lags most of U.S. Employment, foreclosure, bankruptcy stats aren’t good Wednesday, January 11, 2006 Barnet D . Wolf THE COLUMBUS DISPATCH www.dispatch.com Ohio’s economy continues to limp along, despite financial bullishness nationwide. The Federal Deposit Insurance Corp. yesterday said that Ohio had the country’s fifth-worst job growth during 2005’s third quarter... [email protected]
January 11, 200619 yr We don't need an article to tell us that! :D "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 13, 200619 yr Ohio will aid auto industry, Taft says Friday, January 13, 2006 Mark Niquette THE COLUMBUS DISPATCH Gov. Bob Taft met yesterday with the top executive at Delphi Corp. to emphasize the state’s willingness to provide tax breaks and other help to keep the bankrupt auto-parts supplier’s Ohio plants open. Taft said Delphi Chairman and Chief Executive Robert "Steve" Miller couldn’t discuss the future of Delphi’s Ohio operations, including a Columbus plant, because its reorganization plan isn’t done. But Taft said he thinks the state’s efforts to expand its job-retention tax credit and other incentives being considered by the legislature could make a difference in some final decisions. MORE: http://www.dispatch.com/business-story.php?story=dispatch/2006/01/13/20060113-B1-02.html
January 22, 200619 yr THE OHIO ECONOMY State of rust Ohio’s economy grinds closer to the bottom by several measures Sunday, January 22, 2006 By Mark Niquette THE COLUMBUS DISPATCH As Gov. Bob Taft prepares to deliver his final State of the State address Wednesday and the campaign to replace him shifts into high gear, the Ohio economy remains stuck in reverse, a Dispatch analysis of key indicators shows. For more info, click the link [email protected] http://dispatch.com/news-story.php?story=dispatch/2006/01/22/20060122-A1-01.html
January 23, 200619 yr This makes education even more important as Ohio young adults need to be prepared to compete when they graduate and leave the state to look for work.
January 23, 200619 yr Here is some perspective on what kind of a shot Ohio has to land this thing, from the 1/16/06 Dayton Business Journal: Luring Toyota plant takes time, relationships Tracy Kershaw-Staley DBJ Staff Reporter Lenny Robinson knows what it's like to court Toyota. The landowner has twice in the past 20 years tried to lure the Japanese automaker to build on his 800 acres near Interstate 75 in Monroe. Helicopters circled the property. Toyota, state and local officials swarmed. But in the end, no deals developed. One plant went to Georgetown, Ky.; the other wound up in Evansville, Ind. More at: http://dayton.bizjournals.com/dayton/stories/2006/01/16/story1.html
January 23, 200619 yr Here's a good reason for Ohio to push harder for that Toyota plant.... Plant closings, job cuts loom at Ford DETROIT, Michigan (AP) -- Ford Motor Co., hurt by falling sales of sport utility vehicles, is expected to close plants and cut thousands of jobs in North America as part of a restructuring program to be announced Monday. Ford has refused to release details of the plan, dubbed the "Way Forward," which also is expected to include product changes and cuts to Ford's salaried ranks. Ford has about 87,000 hourly workers and 35,000 salaried workers in North America. Find this article at: http://www.cnn.com/2006/US/01/23/ford.restructuring.ap/index.html
January 25, 200619 yr Toyota jobs perked up once-sleepy Georgetown BY ALEXANDER COOLIDGE | ENQUIRER STAFF WRITER The lingering uncertainty swirling about Ford Motor Co. and the Southwest Ohio communities that depend heavily upon it stand in stark contrast with the economic boon created 50 miles to the south by another auto company. In Georgetown, Ky., Toyota is planning to manufacture the first hybrid Camry later this year at its largest plant outside of Japan. Since beginning production in 1988, the plant has grown to 7,000 workers and has created a boomtown in what might have stayed a sleepy Lexington suburb. Full story at: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060125/BIZ01/601250309/1076
January 25, 200619 yr Did Toyota's North American Manufacturing HQ locate in NKY before or after the Georgetown plant opened?
January 26, 200619 yr Business First of Columbus - January 25, 2006 Survey: Top worry in Ohio is the economy Kevin Kemper Business First Between now and November, candidates for Ohio public office should explain how they plan to jump-start the state's sputtering economy. That's the finding of a poll released Wednesday by Opinion Consultants. The Columbus company's telephone survey of 800 voters in the state, conducted Jan. 9-22, found the economy is the chief concern among Ohioans. Full story text is available at http://columbus.bizjournals.com/columbus/stories/2006/01/23/daily23.html
February 2, 200619 yr http://columbus.bizjournals.com/columbus/stories/2006/01/30/daily25.html Business First of Columbus - 12:21 PM EST Thursday Ohio production losses steep in '05, guide reports Ohio's manufacturing industry continues decline, losing 32,337 jobs and 93 plants in 2005, according to a report from an annual guide to producers in the state. The 2006 Ohio Manufacturers Directory reports the state now has 21,634 manufacturing companies employing 1.1 million workers... © 2006 American City Business Journals Inc
February 2, 200619 yr woah.... but get this.. Ohio remains the third-largest industrial state, trailing California and Texas. Did anyone expect to see California and Texas there....I guess this means Ohio is the #1 industrial state in the old "Manufacturing Belt"...the Midwest + Northeast?? Also, interesting to see Columbus still having that strength in manufacturing, 999 plants. I wonder if that guide is available online or in a library somewhere.
February 2, 200619 yr Remember John Kerrys campaign speech? "20% of all manfacturing jobs lost were in Ohio." Ohio lost the most jobs because Ohio had the most jobs. Actually, I think that particular line hurt him here. No one wants to hear bad news, and he didn't offer any alternatives.
February 7, 200619 yr <i> I thought Cincinnati had just received some of these type of grants for the Clifton area. Hopefully, they can't be taken away. Though I know rich people need more tax cuts. ;-)</i> <b>Ohio Block Grants Struck By Proposed Federal Budget Cuts </b> Reported by: A.P. Web produced by: Neil Relyea Photographed by: 9News First posted: 2/6/2006 9:46:38 PM WASHINGTON (AP) -- President Bush proposed Monday to cut a popular community development grant program by about a quarter while asking two oversight committees in Congress led by Ohioans to change the way money is distributed to state and local governments. Bush's $2.77 trillion budget proposal for the year that starts Oct. 1 would spend more on the military and fighting terrorism while cutting many domestic programs. Despite the increase in military spending, Bush's budget would eliminate funding for the backup engine for a major jet fighter program, built mainly in Ohio. ... http://www.wcpo.com/news/2006/local/02/06/oh_blockgrants.html
February 7, 200619 yr Interesting "payback" for Ohio, given that it was our state (althought not my vote) that got him a second term.
February 7, 200619 yr Bush tried to do this with last year's budget, but Congress would not let him. Hopefully, the same thing will happen this year.
February 7, 200619 yr Interesting "payback" for Ohio, given that it was our state (althought not my vote) that got him a second term. Of course you want to bleed the inner cities to death in an important swing state like Ohio! They're the Democrats last bastions.
February 18, 200619 yr From the 2/13/06 Akron Beacon Journal: Ohio not purring yet for CAT tax Deadline for some firms to pay is up, but state expected to be lenient By Jim Mackinnon Beacon Journal business writer The CAT's out of the tax bag for real. Ohio's new Commercial Activity Tax on gross receipts is a key part of last year's tax reform package aimed at helping businesses. A good portion of 175,000 or so Ohio businesses registered for the CAT were due to pony up their first payments last Friday.... Jim Mackinnon can be reached at 330-996-3544 or [email protected] http://www.ohio.com/mld/ohio/business/13847262.htm?source=rss&channel=ohio_business
March 1, 200619 yr Petro asks high court to allow tax incentives Business First of Columbus - 10:35 AM EST Wednesday Ohio Attorney General Jim Petro's office went the U.S. Supreme Court Wednesday to defend a key tax break for expanding businesses. State Solicitor Doug Cole sought to have the nation's top court overturn a 6th Circuit Court of Appeals ruling in 2004 that the state's investment tax credit was unconstitutional because it interfered with interstate commerce. The effect of the ruling was delayed to allow the state to appeal the decision to the Supreme Court, according to a news release from Petro's office. The case stems from a 1998 tax credit granted to Daimler Chrysler as an incentive for the automaker to build a Jeep auto assembly plant in Toledo. According to a news release, 36 states have filed friend-of-the-court briefs supporting Ohio's position. Labor unions have joined major automakers, the U.S. Chamber of Commerce and other business groups in filing briefs in support of Ohio's case. MORE: http://columbus.bizjournals.com/columbus/stories/2006/02/27/daily18.html
March 21, 200619 yr Bill defending tax breaks awaits ruling BY DAVID HAMMER | THE ASSOCIATED PRESS WASHINGTON - The chairman of the Senate Finance Committee said last week he's willing to back a bill that would clarify states' rights to offer tax breaks to businesses. But Sen. Chuck Grassley, said he wouldn't want a final vote on the proposal until the U.S. Supreme Court rules on a challenge to Ohio's use of such incentives. Nearly every state offers billions of dollars in tax credits for businesses that agree to develop industry within its borders. Sen. George Voinovich, R-Ohio, said he wants Grassley's committee to approve a law that would clarify states' powers over interstate commerce. "We probably can't wait if we want to get something done this year," said Grassley, R-Iowa, who noted tax reconciliation and pension bills would take precedent over Voinovich's legislation. "Something's going to start before the Supreme Court rules the middle of this year, but we won't be done with it." Earlier this month, Chief Justice John Roberts was sympathetic to the arguments of Toledo taxpayers who challenged the tax incentives when their homes or businesses were taken by the city to make way for a $1.2 billion Jeep assembly plant. Other justices said it wasn't discrimination if an Ohio company decides to forego the tax breaks to expand elsewhere. Full article: http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060320/BIZ/603200314/1076/rss01
March 25, 200619 yr From the 3/24/06 Columbus Dispatch: Why not? Ad campaign aims to brand Ohio as great place for businesses Friday, March 24, 2006 Denise Trowbridge THE COLUMBUS DISPATCH A sleek new sales pitch could bring more jobs to your town. At least, that’s the goal of state economic-development officials. The Ohio Business Development Coalition, a nonprofit group with a mission to sell the state to business leaders, just launched the second wave of a $2.1 million ad campaign touting Ohio as a prime business location. Ohio has lagged the nation in job growth for the past decade, but the group hopes its marketing blitz will give the state’s lackluster economy a booster shot, drawing new jobs and industries. A total of 184 full-page ads will appear from March to May in regional editions of national business magazines. The tagline "Why Ohio? Grow your business. Enrich your life" appears in each, next to a miniprofile of Ohio-based companies. The ads are aimed at "C-level executives — CEOs, CFOs, COOs — and the key consultants who influence capitalinvestment decisions," said Edward Burghard, executive director of the Ohio Business Development Coalition and marketing executive for Cincinnati-based Procter & Gamble. MORE: http://www.dispatch.com/business-story.php?story=dispatch/2006/03/24/20060324-G1-01.html
May 12, 200619 yr http://columbus.bizjournals.com/columbus/stories/2006/05/08/daily35.html Ohio ranked 4th in 1Q mass layoffs Business First of Columbus - 11:46 AM EDT Friday Ohio recorded the country's fourth-largest number of jobs lost to large-scale layoffs during the first quarter, according to the U.S. Department of Labor's Bureau of Labor Statistics. The state saw 45 layoffs of at least 50 workers in the quarter, resulting in 13,471 claims for unemployment insurance, the bureau said. California had the most job losses in the quarter, followed by Michigan and Illinois. Nationally, labor officials recorded 892 mass layoffs affecting 161,686 workers. That was down from 1,142 mass layoffs and 186,506 lost jobs in the first quarter a year ago. The government attributed 37,772 of the jobs lost across the country -- about 25 percent -- to the completion of seasonal work.
May 15, 200619 yr Supreme Court ruling saves Ohio tax incentive Business First of Columbus - 2:40 PM EDT Monday The U.S. Supreme Court on Monday ruled taxpayers couldn't challenge an Ohio investment tax credit given to an automaker, thereby protecting the state tax break. The nation's highest court, in a closely watched case, ruled that taxpayers were not directly harmed by tax breaks Ohio gave to an automaker eight years ago, so they could not sue the state. The dispute stemmed from a 1998 tax credit granted to DaimlerChrysler as an incentive to build a Jeep assembly plant near Toledo. An appeals court panel in Cincinnati struck down the incentive in 2004, saying the Machinery and Equipment Investment Tax Credit unconstitutionally interfered with interstate commerce because only companies that invest in the state can receive the incentives. Full article: http://columbus.bizjournals.com/columbus/stories/2006/05/15/daily8.html
May 23, 200619 yr Everything’s up Judging by the numbers, the U.S. economy is thriving. But many working Ohioans don’t believe it. They’re spending more and more on the basics. Monday, May 22, 2006 Jeffrey Sheban and Denise Trowbridge THE COLUMBUS DISPATCH Inflation is modest. Wages are rising. Unemployment is down. The numbers paint a bright economic picture, but working Americans think the economy stinks. Why? Because the cost of so many things people can’t do without is rising like crazy, and paychecks and credit lines are stretched to the max. Gasoline prices have risen 96 percent since 2002; college-tuition costs have risen 51 percent at Ohio’s state colleges; natural-gas costs are up 121 percent over four years ago. Add it up, and many Americans find that their income isn’t keeping pace with expenses. "I’m not breaking even; I’m going backward," said Paul Beller, a former railroad employee whose pocket is being picked by rising healthcare costs. His Pike County home needs a new roof that he can’t afford. Read more at: http://dispatch.com/news/news.php?story=dispatch/2006/05/22/20060522-A1-00.html
May 23, 200619 yr Sure there are. Right-click on them: http://www.dispatch.com/2006/05/22/20060522-Pc-A1-1200.jpg etc.
May 26, 200619 yr From Copley Newspapers, 5/25/06: Fuel cell technology touted at Stark By G. PATRICK KELLEY, Copley Ohio Newspapers CANTON – Ohio has positioned itself to be a leader in the development of fuel cell technology, Lt. Gov. Bruce Johnson told a captive audience Wednesday. Johnson spoke at the sixth annual Ohio Fuel Cell Symposium held at Kent State University Stark Campus Professional Education and Conference Center and Stark State College of Technology’s Fuel Cell Prototyping Center. ... http://www.timesreporter.com/index.php?ID=54422
May 29, 200619 yr Ohio’s fuel-cell push draws company Rolls-Royce using Third Frontier program to join with Lebanon firm in quest for alternative energy Monday, May 29, 2006 ASSOCIATED PRESS NORTH CANTON, Ohio — The state’s push to invest in emerging fuel-cell technology is paying off: Several major corporations such as Rolls-Royce PLC are working with Ohio businesses on fuel-cell efforts. The cells run on methanol, hydrogen and other fuels cheaper and more efficient than traditional forms of energy. The fuel cells would produce electricity with water as the byproduct — the exhaust. ... http://dispatch.com/business-story.php?story=dispatch/2006/05/29/20060529-F8-01.html
May 30, 200619 yr A press release for AeA, 4/19/06: Ohio's Tech Industry Totals 151,200 Ohio's Venture Capital Investments More Than Double in 2005 Oakbrook Terrace, IL (April 19, 2006) – AeA, the nation’s largest trade association representing all segments of the high-tech industry, today released its ninth annual Cyberstates report detailing national and state trends in high-tech employment, wages, exports, and other key economic factors. The report, Cyberstates 2006: A Complete State-by-State Overview of the High-Technology Industry, covers all 50 states, the District of Columbia, and Puerto Rico. Ohio's high-tech industry lost 7,500 net jobs, for a total of 151,200 in 2004, the most current state data available. Part of the downturn occurred in the telecommunications services sector, which lost 2,700 jobs between 2003 and 2004, following national trends. Venture capital investments soared in Ohio in 2005, growing by $63 million for a total of $120 million. "The recent surge in venture capital investments in Ohio is a strong indicator that Ohio’s tech industry could be turning a quarter,” said David S. Gutridge, Chief Executive Officer of Dayton, Ohio based MTC Technologies, Inc. (NASDAQ: “MTCT”). "With investors seeing a bright potential for creating innovative start-ups in the Buckeye State, we hope to see the growth of high paying tech jobs. In Ohio these jobs pay 64 percent more than the average private sector wage. These high wages and good jobs are built on a foundation of math and science. Ohio’s parents, teachers, community leaders, and industry executives need to be doing all they can to make sure our kids are prepared for the future." Nationally, Cyberstates 2006 shows that the high-tech industry is edging forward. High-tech employment added 61,100 net jobs for a total of 5.6 million workers in 2005, the first increase in tech jobs in four years. U.S. high-tech exports were also up by four percent for a total of $199 billion in 2005. This ninth annual edition of Cyberstates provides a comprehensive review of the high-tech industry nationally and state-by-state by high-tech employment, wages, payroll, establishments, and trade. Cyberstates also offers data on venture capital investments and R&D expenditures. AeA members can purchase the report for $95; non-members for $190. Please visit www.aeanet.org/cyberstates to download the report, or call 408.987.4200. What Does High Tech Mean for Ohio? * 151,200 high-tech workers (15th ranked cyberstate) * 7,500 jobs lost between 2003 and 2004 High-tech firms employed 33 of every 1,000 private sector workers in * 2004, ranked 36th nationwide * High-tech workers earned an average wage of $58,800 (31st ranked), or 64 percent more than Ohio's average private sector wage * A high-tech payroll of $8.9 billion in 2004, ranked 16th nationwide * 10,200 high-tech establishments in 2004, ranked 12th nationwide * High-tech exports totaled $2.7 billion in 2005, ranked 19th nationwide * High-tech exports represented 8 percent of Ohio’s exports * Venture capital investments of $120 million in 2005, up 108 percent from $58 million in 2004 * R&D expenditures of $8.6 billion in 2003, ranked 11th nationwide Ohio’s National Industry Sector Rankings: * 5th in photonics manufacturing employment with 1,500 jobs * 9th in measuring and control instruments manufacturing employment with 8,600 jobs * 11th in telecommunications services employment with 30,800 jobs Source: Cyberstates 2006 Data are for 2004 unless otherwise noted. 2004 data are the most current for state employment, wages, payroll, establishments, and industry segment jobs. Published by AeA, Advancing the Business of Technology (www.aeanet.org) - # # # - About AeA AeA, founded in 1943, is a nationwide trade association that represents all segments of the technology industry and is dedicated solely to helping our members’ top line and bottom line. We do this in partnership with our small, medium, and large member companies by lobbying governments at the state, federal, and international levels, providing access to capital and business opportunities, and offering select business services and networking programs. For more information, please visit www.aeanet.org. http://www.aeanet.org/pressroom/prjj_cs2006_ohio.asp
June 2, 200619 yr Yes, this is old. Here's a link to data from the Bureau of Labor Statistics: http://www.bls.gov/opub/ted/2006/apr/wk3/art05.htm Ohio among tops in unemployment claims Dayton Business Journal - April 20, 2006 Ohio had the fourth-highest number of unemployment claims nationwide in March with 6,956 jobs lost, according to data released Wednesday by the Bureau of Labor Statistics of the U.S. Department of Labor. Even as it ranked in the top five nationally, Ohio saw the largest decrease in year-over-year numbers as claims were down 22 percent from last March, when 8,919 claims were filed. While March showed a decrease relative to last year, unemployment claims were up relative to January (6,484) and February (2,772). It was still down from December 2005, which saw 13,059 claims. Nationwide, 118,555 workers were involved in 1,082 mass layoff actions. In March, the national unemployment rate was 4.7 percent, compared with 4.8 percent in February and 5.1 percent in March of last year. In March, Ohio ranked behind California, Michigan and Illinois for having the most job losses from layoffs, with Wisconsin rounding out the top five. These five states combined accounted for 50 percent of all mass layoff events and 53 percent of all initial claims for unemployment insurance. http://www.bizjournals.com/dayton/stories/2006/04/17/daily28.html?from_rss=1
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