Ohio Awarded Top Honor for Economic Development

Site Selection magazine has awarded its annual Governor’s Cup to Ohio and Gov. Mike DeWine for attracting the largest number of economic development projects per capita in 2019. Last year, the Buckeye State recorded 448 major projects — second overall only to Texas (859). To qualify, projects needed to meet one or more of the following: a minimum investment of $1 million; creation of 20 or more new jobs; or 20,000 square feet or more of new space.

When comparing U.S. communities that did well in attracting new business and investments, Site Selection ranked Cincinnati and Columbus in its top 10 of Tier 1 metros (populations over 1 million). Dayton was No. 1 among Tier 2 metros (populations between 200,000 and 1 million), while Toledo was No. 8. Lima was sixth among Tier 3 metros. In the comparison of small cities (under 50,000), Ohio led all states with 14 cities. Manufacturing-heavy Findlay was No. 1 out of 551 communities, while Tiffin and Zanesville also cracked the top 10. 3/2/2020