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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 June 2009 newsletter features Ohio's Win of the 2008 Site Selection Competitiveness Award and a spotlight on Ohio's Aerospace and Aviation industry. This newsletter also features the Cleveland Plus region 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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 Site Selection magazine has recognized Ohio with the 2008 Competitiveness Award. The award recognizes the state-level economic development agency that ranks highest in business expansion activity. Ohio also ranked #1 in alternative energy manufacturing with 135 projects in the U.S. last year. The May 2009 edition of Site Selection magazine highlighted these awards.
"We appreciate this recognition of the state's business expansion efforts and economic development competitiveness," said Governor Ted Strickland. "Ohio has also been ranked as a leader in manufacturing of wind power and other advanced energy technologies, demonstrating our commitment to job creation through investments in these high-growth industries."
The award was presented at the Industrial Asset Management Council Conference in Asheville, North Carolina. The 10 criteria used to select the recipient of the Competitiveness Award were based on project data tracked by Site Selection publisher Conway Data's proprietary New Plant Database. The criteria include:
- Total new and expanded facilities per 1 million population in 2008;
- Total capital investment in new and expanded facilities per 1 million population in 2008;
- Total new jobs created at new and expanded facilities per 1 million population in 2008;
- Total actual number of new and expanded facilities in 2008;
- Percentage growth in new and expanded facilities from 2007 to 2008;
- Three-year growth change (from 2005 to 2008) in new and expanded facilities;
- Ranking in Site Selection's most recent annual business climate survey;
- Number of top 100 metros in the annual ranking of top metros;
- Number of top 100 small towns in the annual ranking of small towns; and
- Number of 100-plus-job projects per 1 million population in 2008.
"Ohio is putting to work our innovative initiatives that will allow us to continue attracting capital investments to the state," said Lt. Governor Lee Fisher. "These investments increase our state's global competitiveness in an ever-changing economy and lay the foundation for economic growth."
Ohio's Aerospace and Aviation Industry is leading the way for the advancement of new aerospace technologies in a wide variety of applications in aviation, space, near space, lighter-than-air, hypersonics, propulsion, sensors, instrumentation, communications, advanced materials, human effectiveness and others. In Ohio, federal, civilian and non-profit entities span the civilian and military and industrial product development spectrum.
 Only Ohio can boast of two federal laboratories, ten leading universities with dedicated doctoral level research and education programs in aerospace related disciplines and a large number of aerospace manufacturing companies.
Statewide, over 66,000 Ohioans are employed in Aerospace and Defense including over 600 private companies. Ohio's aerospace jobs rank 1st among the 12 comparable states in private sector aerospace and defense manufacturing value-added, nearly double the national average. Ohio is leading the country in fields such as propulsion and power, advanced materials and materials processing.
Download the following documents for more detailed information on Ohio's innovative and collaborative aerospace initiatives:
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June 2009 Newsletter
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Cleveland Plus
The Cleveland Plus region is a $170 billion economy - one that includes four metropolitan core cities, more than 6,000 square miles, a workforce of more than 2 million, more than 25 colleges and universities, nearly a dozen Fortune 500 headquarters and a diverse and growing industry base.
Northeast Ohio's diverse and growing economy is built from our proud and profitable heritage in manufacturing, and today our core expertise and opportunities include: Biomedical, Medical Devices, Professional Services, Polymers, Financial & Legal Services, Advanced Manufacturing, Aerospace and Advanced Energy. Learn more how Cleveland Plus adds up for business by visiting clevelandplusbusiness.com.
Learn more about NE Ohio
The Ottawa County Improvement Corporation (OCIC) recently launched its new Web site. The new site leverages the Ohio: State of Perfect Balance branding and serves as a resource for site selectors, business executives, economic development professionals and the community to learn more about Ottawa County and its benefits.
Visit the site now
Welcome to Ohio, the State of Perfect Balance, where world class companies and those who aspire to be don't have to compromise professional or personal satisfaction in pursuit of their ambitions. The same goes for their families and the employees whom they lead. The Great State of Ohio offers business and industry many unique qualities that contribute to better balance and, ultimately, optimal business performance. It's a correlation that is becoming increasingly clear. Here is a recent Business Week feature that highlights the importance of Work Life balance in recruiting and retaining employees.
In fact, The Ohio State University has initiated several services and programs in an effort to help employees better combine their professional and personal lives. Click here to learn more.
Discover Ohio's perfect balance
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