News and Analysis
A call to action from the National Association of Manufacturers (NAM):
Your action is needed to ensure swift approval of bipartisan Trade Promotion Authority (TPA) legislation, which will likely be introduced next month.
TPA is an essential partnership between Congress and the President that facilitates negotiation and approval of trade agreements.
Trade agreements negotiated under TPA are delivering for manufacturers across the country, opening new overseas markets, leveling the playing field, and providing better access to the 95 percent of the world’s consumers who live outside our borders.
Go to NAM’s Advocacy Center to send a quick email to legislators in support of TPA.
Visit the NAM’s TPA Toolkit to research Ohio specific information here.
Manufacturers Alliance for Productivity and Innovation (MAPI) released its Q3 report that finds:
“Fortunately, the economy accelerated in the third quarter and our major export market overseas improved, so manufacturing production put together three months of continuous growth in August, September, and October…
The manufacturing outlook for 2014 and 2015 calls for a percentage point acceleration in the growth rate each year. Consumer-driven manufacturing growth, however, will be relatively stable and supported by surprisingly robust employment growth. Households have low debt burdens and their wealth is rising because of higher stock prices and home prices. Importantly, no major tax increases are foreseen for the near term.
Business investment–driven manufacturing is responsible for the acceleration in production growth. Businesses are well positioned for making new investments in structures and equipment. Firms have low debt, are profitable, and have relatively high utilization rates. What has been lacking is more certainty about the future.”
Governor John Kasich joined Senate President Keith Faber (R-Celina) and House Speaker Bill Batchelder (R-Medina) this week to announce a $1.9 billion reauthorization of the “State Capital Improvement Program” for local public works.
The Republican leaders will move to reauthorize the capital improvement program through Senate Joint Resolution 6, which will provide $175 million in bonds annually for local public works projects over the first five years and $200 million annually over the last five years.
The plan is for the legislature and governor to complete work on the resolution in January.
Governor John R. Kasich and Lieutenant Governor Mary Taylor this week looked back at the administration’s accomplishments in 2013.
The governor “continued to make job creation Ohio’s number one priority and build upon Ohio’s improving economic revitalization and growing national reputation for its jobs-friendly business climate. Today, there are more Ohioans with a private sector job than at any time since 2008. And while much progress has been made since 2011 – including the creation of 174,800 private-sector jobs, higher incomes and a record number of new business filings – there is more work to be done.”
The governor reviewed progress in the state budget, jobs, infrastructure, education, workforce development, public safety and protecting Ohio’s most vulnerable citizens.
The House and Senate are both scheduled to return to full session in mid-January, according to a long-term schedule released by legislative leaders on Wednesday.
The calendar calls for the Senate to return to Columbus Jan. 14, and for the House to return to session Jan. 15.
Both chambers are set to adjourn for the summer by the end of May.
A group called “Label the Truth Ohio” held a meeting in late November in Toledo to organize volunteers around a possible ballot issue to mandate labeling of products containing genetically modified organisms (GMOs).
The group is organizing a petition drive to collect the needed 600,000 signatures to pursue an amendment to the Ohio constitution.
“Assuming they can collect the threshold of signatures, the issue could be on the general election ballot in 2014,” said OMA’s Ryan Augsburger. “The OMA will work with its food manufacturing, and other concerned, members to organize to defend against labeling mandates.”
Email Ryan Augsburger to engage with the OMA on the issue. OMA will host a meeting of its food manufacturers on February 25 on this and other issues.
James B. McGregor, February 21, 1948 – December 20, 2011, was a longtime OMA director and chairman of the OMA board of directors from 2008-2010. This week, his wife Nancy, son Jamie, and daughter Jenni Cox and her husband Brock Cox, visited with the OMA board of directors to officially dedicate the McGregor conference room in the OMA offices.
Other guests included Congressman Dave Hobson (Ret. R-OH), a longtime friend of the McGregor family, and Rep. Ross McGregor (R-Springfield), Jim’s nephew.
OMA staff named the McGregor conference room in honor of Jim on behalf of all who volunteer their gifts for the love of manufacturing. Members and guests at the OMA can read about Jim and the history of the OMA on the special permanent signage in the OMA offices.
Pictured: Nancy McGregor and Jamie McGregor
Following the Ohio Senate last week, the Ohio House of Representatives this week headed home for the holidays. House and Senate legislative schedules for 2014 have not yet been published, but both chambers are expected to be in session frequently until the May primary election.
Releasing its Q3 update this week, JobsOhio reported 61 projects for the quarter that resulted in 3,835 new jobs, $174 million in new payroll, 6,161 retained jobs, $309 million in retained payroll, and $708 million in capital investment in the state.
The agency noted: “Foreign direct investment in Ohio has steadily increased over the last several years with the most significant investments occurring in the automotive, polymers, and advanced manufacturing industries. International companies support 190,000 Ohio jobs that offer average to above average wages. The top two countries investing and creating these jobs in Ohio are Japan and Germany.”
Sen. Schiavoni will be joined on the leadership team by Sen. Charleta Tavares (D-Columbus) as Assistant Minority Leader, Sen. Edna Brown (D-Toledo) as Minority Whip and Sen. Lou Gentile (D-Steubenville) as Assistant Minority Whip.