Global Engagement Bringing Jobs and Innovation to Ohio
July 10, 2017
Foreign direct investment (FDI) benefits Ohio’s economy in many ways. Foreign companies invest in property, buildings and equipment, and they employ thousands of Ohioans in good-paying jobs. They also spur innovation, fund research and development, and introduce new products, technologies and organizational processes that improve productivity.
In 2016, Ohio was home to more than 3,500 international establishments owned by more than 1,000 foreign companies representing 45 countries. These businesses employ 224,000+ Ohioans, giving Ohio the seventh largest international employment rate in the country. Simply put, foreign companies play a big role in Ohio’s economic growth.
That’s why JobsOhio is doing all it can to ensure global executives choose Ohio. And the strategy seems to be paying off in 2017.