OHIO – THE PROFITABLE CHOICE FOR BUSINESS

OHIO

THE PROFITABLE CHOICE FOR BUSINESS

GLOBAL COMPANIES CHOOSE OHIO, USA

• EASY ACCESS TO MARKETS, PARTNERS AND CUSTOMERS • WORLD-CLASS WORKFORCE, TRAINING, AND EDUCATIONAL RESOURCES • COST EFFECTIVE AND STABLE BUSINESS CLIMATE • LONG TRADITION OF INTERNATIONAL PARTNERSHIP AND INVESTMENT

OHIO’S RANK IN THE U.S. MOST IMPROVED BUSINESS CLIMATE

(Chief Executive Magazine, 2013)

LARGEST MANUFACTURING GROSS DOMESTIC PRODUCT ($87.2 billion)

LARGEST POPULATION (11.5 million)

GAIN EASY ACCESS TO MARKETS, PARTNERS AND CUSTOMERS AIR Global access via five international airports

ROAD Within a 6-hour truck drive to Chicago and the East Coast

RAIL 4th largest network of railroads and 11 intermodal facilities

WATER PORTS 209 ports and terminals along the Ohio River and Lake Erie PAGE 2

75

WITHIN A ONE DAY DRIVE OF 60% OF U.S. AND CANADIAN MANUFACTURING AND POPULATIONS

TORONTO

90 DETROIT CHICAGO

80

80 CLEVELAND

90

80 70

PITTSBURGH

INDIANAPOLIS 71 CINCINNATI

70

RICHMOND

ST. LOUIS

64

LOUISVILLE 64 65

INTERSTATE HIGHWAYS

77

INTERSTATE HIGHWAYS

40 75 ATLANTA

77

600 miles/1,000 km

FROM ASIA

FROM EUROPE

300 miles/500 km

FROM SOUTH AMERICA

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UTILIZE A PRODUCTIVE WORKFORCE Find world-class workforce, training and other educational resources Ohio offers companies versatile, educated employees – from seasoned executives and highachieving college graduates to skilled trade professionals. The state also cultivates partnerships that bring together companies with industry-specific needs and higher education institutions that have core strengths in those areas of expertise. Universities in Ohio are partnering with more than 2,000 companies here and around the world to further develop the state’s talented workforce.

• Large workforce – The 7th largest population in the U.S. offers a workforce of 6 million Ohioans • Well educated – Home to more than 200 higher education institutions with diverse programs that range from agriculture to engineering • Streamlined hiring – Workforce development is localized, efficient, and can assist a company in all aspects of recruitment and development (OhioMeansJobs.com) • Loyal and hard working – Midwestern work ethic results in quality products and services

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COST-EFFECTIVE, STABLE BUSINESS CLIMATE A diverse economy and continuously improving business climate

Lowest Taxes in the Midwest

enable Ohio-based companies to be competitive in the global market.

Companies investing in Ohio experience the lowest taxes in the Midwest on new capital investments. A state budget surplus and stable credit outlook from the nation’s top three credit rating agencies support Ohio’s strong and sustainable business environment.

Maximize Profits with a Low-Cost of Doing Business

6.8%

6.5% Kentucky

4.6% Illinois

Indiana

• No tax on corporate profits • No tax on machinery, equipment, and R&D investments • No tax on products sold to customers outside of Ohio • No tax on tangible personal property Singular Commercial Tax Ohio’s Commercial Activity Tax is a low 0.26 percent on gross receipts

7.2% Michigan

Ohio

4.5% Wisconsin

— Ernst & Young, May 2011

exceeding $1 million – and not applied to gross receipts outside of Ohio.

Improved Regulatory Climate Regulatory reform is ongoing in Ohio to bolster the state’s economy and create jobs. Improvements include removing unnecessary and overly complicated regulations while streamlining processes that make compliance as easy as possible to provide predictability to businesses.

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GLOBAL COMPANIES IN OHIO A selection of global companies located in Ohio with 500 or more employees: A. Schulman, Inc.

D’Ieteren SA

ABB LTD

D+S GmbH

Abercrombie & Fitch

Dana Holding

Accenture LTD

Delfin SARL

Aisin Seiki Co., LTD

Deutsche Post AG

AkzoNobel N.V.

DIC Corp.

Alcatel-Lucent

Edizione SRL

ALDI GmbH & Co. KG Essen

Extendicare Limited Partnership

Aleris International

Koninklijke Philips Electronics N.V. L’Oreal SA L Brands Magna International Inc. Meggitt PLC Mettler-Toledo International Mitsubishi Corp.

Moriroku Holdings Co.

SANWA Shutter Corporation Schaeffler Group Schneider Electric SA Securitas AB Showa Corp.

Siemens AG Signet Jewelers Limited Stanley Electric Co., Ltd Sumitomo Corp.

EZ ENERGY LTD

Munich Re

F-TECH Inc.

Nestlé SA

Fiat S.p.A.

Nidec Group

FirstGroup PLC

Nihon Plast Co., LTD

Fresenius SE

Nippon Sheet Glass Co., LTD

The Royal Bank of Scotland Group PLC

BAE Systems PLC

Friedhelm Loh Stiftung & Co. KG

Nissin Kogyo Co., LTD

ThyssenKrupp AG

BASF SE

General Electric

Omers Capital Partners Inc.

Timken

Behr GmbH & Co. KG

Givaudan SA

Owens-Illinois

Tokai Kogyo Co., LTD

BP PLC

GKN PLC

Parker Hannifin

Tokai Rubber Industries, LTD

Bridgstone Corp.

Goodyear Tire & Rubber

Permira Advisers LLP

TS Tech Co., LTD

C.H. Boehringer Sohn AG & Co. KG

Greif

Premier Farnell PLC

Tyco International LTD

Procter & Gamble

UBS AG

Reed Elsevier Group PLC

Valcon Acquisition Holding (Luxembourg) SARL

Alimentation Couche-Tard Inc. Anheuser-Busch Inbev SA Applied Industrial Technologies ArcelorMittal SA Asahi Glass Co., LTD

CapGemini SA Cintas Cliffs Natural Resources, Inc. Compagnie De Saint-Gobain Convergys Cooper Tire & Rubber CRH PLC

PAGE 6

Henkel AG & Co. KGaA Hitachi, LTD HOCHTIEF AG Honda Motor Co., LTD Industrias CH, S.A.B. de C.V. INEOS AG Ingersoll-Rand PLC

Ricoh Co., LTD Rolls-Royce Group PLC RPM International Sabmiller PLC Sankei Giken Co., LTD Sanoh Industrial Co., LTD

Tata Sons Limited Teleperformance Teradata

Vallourec SA Wolseley PLC WPP PLC Zurich Financial Services AG

TAKE ADVANTAGE OF THE JOBSOHIO NETWORK JobsOhio is a private corporation focused on driving job creation, new capital investment, and economic growth for Ohio. Its success is tied to the JobsOhio Network, a statewide partnership of regional economic development organizations with deep ties to their local business communities.

Network Partners TOLEDO CLEVELAND

Appalachian Partnership for Economic Growth Cincinnati USA Partnership Columbus 2020

AKRON

Dayton Development Coalition Regional Growth Partnership Team NEO | Cleveland+ Business

COLUMBUS

DAYTON

NELSONVILLE

CINCINNATI

PAGE 7

Build Your Business in Ohio

• Easy access to markets, partners, and customers

• World-class workforce, training, and educational resources

• Cost effective and stable business climate

• Long tradition of international partnerships and investment

Ohio welcomes global investment. For more information about locating in Ohio, contact JobsOhio or visit Jobs-Ohio.com Mindy McLaughlin Manager Foreign Direct Investment mclaughlin@jobs-ohio.com 614-300-1355

JobsOhio, 41 S. High Street, Suite 1500, Columbus, Ohio 43215 JobsOhio is a private organization established to lead the job creation and economic development efforts in Ohio by helping companies find partners, sites and financial resources to grow and succeed.