Ohio Announces Major Economic Development Projects with $431M+ Investment
What happened
Ohio Governor Mike DeWine, Lt. Governor Jim Tressel, and Ohio Department of Development Director Lydia Mihalik announced the approval of five economic development projects in Ohio. These projects are expected to generate over $431 million in investments and more than $79 million in new annual payroll. The approved projects include initiatives in central, northeast, and northwest Ohio.
From newsroomamerica.com
Why it matters
The projects are expected to create 1,173 new jobs and retain 601 jobs statewide. The approved projects involve companies like Neptune North, Inc., The HC Companies, Inc., and Polyethics Industries Inc., all utilizing various Job Creation Tax Credits.
Governor DeWine and Lt. Governor Tressel are involved in state revitalization efforts in Ohio, including the community of Logan.
From newsroomamerica.com
Who's involved
- Mike DeWineGovernor of Ohio and co-announcer of the economic development projects.
- Jim TresselLt. Governor of Ohio and co-announcer of the economic development projects.
Keep exploring
Part of
Ohio economic development and industrial safety initiativesAlso in this story
- DeWine and Tressel announced grants for Pike County as part of state revitalization efforts in Ohio.
- Ohio ranked best state to do business, with tours highlighting the Lake to River region including Ashtabula.
The entities involved
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Mike DeWine
Governor of Ohio since 2019
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Jim Tressel
American college football coach and politician (born 1952)
Nothing else this week.
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Ohio
state of the United States of America