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Welcome to State of Perfect Balance, the monthly newsletter that keeps you on top of business and economic development news in Ohio. The May 2009 newsletter features the new Ohio-China Web site, more stories of successful Ohio senior executives and a spotlight on Ohio's Transportation and Logistics industry. This newsletter also features Toledo and Northwest Ohio as well as economic development news to help you maximize your current and future capital investments in Ohio. Read further to find out how you can achieve a state of perfect balance in Ohio.
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Ed Burghard, Executive Director of the Ohio Business Development Coalition and Harley Procter Marketing Director at Procter & Gamble
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 In today's highly competitive global marketplace, Ohio must extend its economic reach, building relationships and seizing opportunities on a global scale. To help Chinese companies become profitable faster by leveraging the proven success of international investment in Ohio, a new Ohio-China Web site was recently launched.
The site provides important information and contacts to U.S. and Chinese-based companies regarding the benefits of doing business in Ohio.
China is an important trading partner and Chinese corporations are starting to invest in the state of Ohio. The Shanghai based Ohio China Center was established in 2006 to expand business investment opportunities and trade between Ohio and China. In 2008, Ohio opened a second office in Beijing, China to complement the efforts to bolster trade relations with China. Currently there are more than 1,000 employees working for Chinese corporations in Ohio.
In addition, Ohio exported $1.5 billion worth of products to China in 2006, a six-fold increase since 1998, making it Ohio's fourth largest export destination after Canada, Mexico and Japan.
 Utilize Ohio's central location and world-class logistics capability to reduce supply chain costs.
As competition becomes more global, Ohio's central location and strength in transportation and logistics affords companies the ability to maximize flexibility while reducing supply-chain costs.
Ohio companies are able to ship and receive finished goods, semi-finished products or resources without high transportation costs or expensive delays, through a logistics management network that encompasses the entire spectrum of the industry:
- Fleet management
- Inventory management
- Inbound and outbound transportation management
- Logistics network design
- Materials handling
- Supply/demand planning
- Third-party logistics service providers
- Warehousing
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May 2009 Newsletter
Ray Dalton, President & CEO, PartsSource Inc.
Find out what keeps Ray in Ohio.
Elaine Roberts, President and CEO, Columbus Regional Airport Authority
Learn more about Columbus Regional Airport Authority and Ohio's leadership in the logistics industry.
Neil Adelman, CEO, BlueBridge Networks, LLC
Find out why Neil Adelman is passionate about Ohio.
Pursuing the road less traveled, Mike Brooks, CEO of Rock Brands, is firmly planting his footprint. In Ohio.
Toledo and Northwest Ohio
Ohio's northwest region, anchored by Toledo, is dominated by a strong manufacturing base in glass, plastic, primary and fabricated metal, automotive assembly and parts production. Its strategic location supports a strong logistics market, including BAX Global Inc. and UPS, and auto industry support firms Lear Inc., M-Tek Inc. and Honeywell International.
Northwest Ohio's central location to major Midwest cities and Toronto provides unparalleled access to the Midwest market. At the crossroads of Interstates 75, 80 and 90, and with access to the Great Lakes, an international cargo hub and one of the leading rail centers in the county, Northwest Ohio provides a global platform for doing business anywhere in the world.
Learn more
Ohio's strong commitment to advanced energy makes the state a leader in developing the new "green" economy of the future. At the 2009 Ohio Fuel Cell Symposium, Fuel Cells:Integration and Application For Advanced Energy Here and Now, the Fuel Cell Corridor will be engaged in a two-day, focused exploration of the initial waves of fuel cell commercialization. The Symposium takes place May 27-28, 2009 at The University Center at Kent State Stark in North Canton, Ohio.
Learn more
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