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Since 2006, Ohio's $49 billion polymer industry has seen over 200 new locations and company expansions, helping Ohio win 3 straight Governor's Cups as the nation's top location for company expansions and new locations. Here five key reasons why you too should consider the nation's #1 polymer state for your next capital investment.
Supply Chain and Location - Polymer companies continue to locate and grow in Ohio because its concentration of more than 2,800 polymer companies, location within 600 miles of 63% of U.S. and Canadian manufacturing operations and world-class transportation infrastructure
. Ohio gets polymer products to market quickly and efficiently, reducing shipping costs and simplifying just-in-time delivery.
Business Climate - Thanks to a sweeping tax reform, Ohio will be only 1 of 2 states without a general tax on corporate income or personal property next year. 3rd party experts confirm that Ohio has the lowest taxes in the Midwest. Ohio's business climate allows your company to increase ROI.
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Skilled Workforce and Education - Ohio has a rarely matched ability to supply skilled employees in polymers, allowing companies to achieve high productivity
and low operating costs. The state's polymer workforce is currently over 140,000 in size. Ohio's polymer industry is strengthened by the polymer-specific research taking place at 7 Ohio universities, reducing your risk associated with research.
Financial Incentives - Ohio also has worked to differentiate itself from other states through high-tech innovative incentives to fuel growth such as the $1.6 billion Ohio Third Frontier and $1.57 billion Jobs Stimulus Program
. Ohio incentive programs reduce business operating costs, encourage investment, and fuel growth.
Balance Without Compromise - Ohio offers businesses many unique qualities that contribute to better balance and, ultimately, optimal business performance. Company executives invest here because Ohio offers balance
between work and life unlike anywhere else. Individuals can achieve both their professional and personal aspirations without having to sacrifice one for the other.
Ohio will be present at the 2009 International Plastics Show in Chicago and would like the opportunity to learn more about your company's investment plans. Click here to learn more about the assets Ohio can provide your business.
For any questions or to schedule a meeting with Ohio at the International Plastics Show, contact:
Matt McQuade, Ohio Business Development Coalition
614.857.0900 x231
mmcquade@ohiomeansbusiness.com
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