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Foreign Direct Investment (FDI) in Ohio
For over 40 years, companies around the world have chosen to call Ohio their home. These international companies are a welcomed and valued part of the state’s economy.
Ohio has attracted foreign direct investment (FDI) from companies in Europe, Asia, and other regions worldwide. With the help of JobsOhio, the state’s private nonprofit economic development corporation, international companies like yours can benefit from Ohio’s strengths as well as tailored services and incentives to support your investment in the state.
FDI in Ohio
- Ohio ranks 4th in the U.S. in Foreign Direct Investment (FDI) projects, according to Site Selection Magazine (2020).
- JobsOhio and its partners have completed over 500 international corporate projects involving $11 billion in capital investment and over 30,000 job.
- JobsOhio and its partners provide service to over 50 international companies, approximately 40% from Europe, 40% from Asia and the remaining 20% being related to Canada, and other international markets.
“We selected this location because the region offered a site that was ready for our company to start up immediately, and we definitely saw a favorable business environment. In our business, geographical proximity to OEMs is significantly important because we produce large components, meaning the cost of logistics is critical. We see this location as ideal for our customers to the north and south.”
FDI Success in Ohio
Read some of these stories of successful investment in Ohio by companies worldwide. Click the logos below to read.
Fuyao Group
Asia
auticon
Germany
Acura NSX
Asia
Valfilm
South America
Modula
Europe
Festo
Germany
Ohio’s FDI Advantages
Ohio has four main strengths that catalyze success for companies of all sizes in every industry.
Business Climate
Workforce
Ask most executives why they choose Ohio and they’ll tell you it’s the people. Find the workforce you need for current and future positions.
Location & Infrastructure
Ohio’s geographic location and infrastructure are among the best in the U.S., offering you the flexibility and speed to reach customers and suppliers quickly and cost effectively.
Research & Innovation
Ohio’s network of incubators, universities, funding, and public-private entities support the development and commercialization of new and improved products and services.
Foreign Direct Investment Support
Economic Development Incentives
JobsOhio offers a variety of performance-based incentives to assist companies that are starting, relocating or expanding operations in the state. This funding can support workforce development, research and development, revitalization and other elements to help you grow your business in Ohio.
Sites and Building Incentives
JobsOhio offers multiple initiatives related to site and building development. From readily available sites to assistance for site upgrades, find the support you need to choose a location, customize the facility and begin operations.
