News and Analysis
The OMA has updated its annual Ohio Manufacturing Counts publication for 2019-2020. Compiled using research from state and federal agencies, the document is a data-driven look at the significant impact manufacturing has on Ohio’s economy.
Containing more than 20 pages of facts and figures, showcased with tables and charts, the publication includes findings such as:
> Manufacturing is responsible for around 17% of Ohio’s Gross Domestic Product – $107.9 billion in 2017 – making Ohio’s manufacturing sector the nation’s third largest after California and Texas.
> As the largest industrial sector in the state, manufacturing provides more than 700,000 jobs for Ohio workers.
> Manufacturers in Ohio have an annual payroll of $40 billion, the highest total annual wages of any Ohio industry sector.
Future updates to the publication will be made as new data become available. 7/23/2019
A new Quinnipiac Poll of Ohio released Thursday shows former Vice President Joe Biden as the only Democratic presidential candidate leading President Donald Trump in a one-on-one matchup, with the president virtually tied with five others.
Nationally, Biden holds a comfortable lead over the other top dozen Democratic presidential candidates, according to RealClearPolitics’ mix of polling data. 7/24/2019
Following the House’s final passage of the nuclear bailout bill, activity at the Ohio Statehouse will slow to a trickle for the rest of the summer.
Both the House and the Senate have issued their tentative session calendar for the second half of 2019, with both chambers set to be in session Wednesday, Sept. 18. 7/24/2019
OMA Connections Partner Calfee reports that federal agencies have recently released multiple sets of guidance. This action re-emphasizes the importance of implementing, maintaining, and enforcing effective corporate compliance programs. See Calfee’s report for details. 7/23/2019
If finding funding for innovation has been a barrier, manufacturers can receive up to $25,000 worth of innovation work with Eureka! Ranch, a leading provider of innovation services for more than 30 years. Eureka! Ranch’s Innovation Engineering teaches advanced methods and tools for creating big ideas, accelerating projects, and solving daily challenges. The grant funding pays for 80% of the costs associated with training, tools, and/or innovation projects to develop new or improved strategies, products, services, etc. But you need to act fast. Funding must be spent by Sept. 30, 2019. Learn more and check your company’s eligibility. 7/25/2019
August is nearly here and it’s time to start planning for Manufacturing Day — the annual celebration of modern manufacturing aimed at inspiring young people to consider manufacturing careers. This year, MFG DAY will be Friday, Oct. 4.
The OMA encourages members to open their doors to students, parents, teachers, and community leaders. (Here is who has already registered.) While MFG DAY is Oct. 4, companies and organizations should plan their events on the date in October that works best for them. Events can be marked as public or invitation-only. Here is how to register. 7/24/2019
Richard K. Smucker, executive chairman of the board of J.M Smucker Co. of Orrville — an OMA member company — will be inducted into the Grocery Manufacturers Association’s Hall of Achievement on Aug. 15 in Colorado Springs, Colo.
Richard will join his father (Paul) and brother (Tim) in the hall. His induction will bring to 47 the number of honorees since the award’s inception in 1984.
Congratulations to the Smucker family. 6/17/2019
The Ohio Department of Job and Family Services has updated the economic profiles for all of the state’s 88 counties. These reports provide a snapshot of the key economic indicators — such as local workforce numbers — that can be used in strategic planning, economic development, and policy development. Information includes employment by industry; wage and hiring trends; employment by firm size; local area talent; job postings; and industry turnover rates. 7/15/2019
OMA Connections Partner RSM recently published its take on ways that manufacturers can reduce or stem the rising costs of logistics. Suggested strategies include ideas to address tight trucking capacity and the growth of e-commerce. (Note: Your OMA membership qualifies you for shipping discounts through the OMA’s Freight and Shipping Program partnership with YRC and UPS.) 7/17/2019
Manufacturers with a presence in northeast Ohio are invited to a roundtable conference and discussion on the United States-Mexico-Canada Agreement. The forum will be held in Strongsville on Aug. 1, from 8:30-10 a.m. Assistant Secretary of the U.S. Foreign Commercial Service Ian Steff will be the keynote presenter. The event is co-hosted by U.S. Rep. Anthony Gonzalez and the U.S. Chamber of Commerce. More information here. 7/18/2019