Ohio provides a progressive environment for businesses to innovate, grow and expand
Ohio leads the nation in job creation and new manufacturing facilities and expansions. Our business-friendly approach to economic development has created a favorable business climate and has stimulated investment and growth for businesses and manufacturers looking to expand or relocate.
Learn more about how Ohio’s re-engineered approach to business development and a focus on creating a business-friendly environment has helped to attract manufacturers to the state by downloading Site Selection Magazine’s annual “State of the State” reports below.
Site Selection Annual State of the States:
The implementation of a progressive tax-reform agenda that lowers the business tax burdens by eliminating taxes on inventory, corporate income and investment in equipment, has established Ohio as the state with the lowest effective business tax and capital investment tax rate in the Midwest.
Incentives to attract businesses and job creators to the state
Businesses that take advantage of Ohio’s incentives—which include tax credits, loans, business grants, and economic development programs—are often able to reduce operating costs which, in turn, improves productivity and profitability.
