JobsOhio Partner Programs Support Creation of 19,000 New Jobs in 2020
COLUMBUS, Ohio, March 1, 2021 /PRNewswire/ -- JobsOhio released its 2020 Annual Report and Strategic Plan, highlighting a strong finish to the year of job creation and investment. Despite the challenging environment caused by the economic and public health crisis in 2020 due to the COVID-19 pandemic, JobsOhio, working with its Regional Network Partners, was able to focus on its mission and had a successful year in keeping jobs in Ohio and creating new jobs statewide. JobsOhio's 2020 achievements included:
Created 19,021 new Ohio jobs
Created $1 billion in new jobs payroll
Oversaw $7.8 billion in capital investments
Completed 307 total projects
Invested up to $250M in COVID Response programs impacting 300,000 Ohio jobs.
"While 2020 brought challenges few could have imagined, in Ohio there has been optimism, resilience, ingenuity and dedication," said JobsOhio President and CEO, J.P. Nauseef. "Like Ohioans always do, we roll up our sleeves and find a way and as we look ahead and as JobsOhio celebrates its 10-year anniversary in 2021, we are confident JobsOhio and our partners will continue to have a positive impact that delivers jobs and growth for businesses and residents in Ohio."
To help ensure Ohio emerges from the pandemic stronger and well positioned for continued success, in 2020 JobsOhio:
Invested $100 million in the Cincinnati Innovation district to bolster Ohio's competitiveness in talent, research, invention, technology and healthcare while revitalizing communities.
Launched support for Ohio's military and federal sector to make Ohio attractive for federal spending, military families, veterans and businesses that support aerospace and aviation, artificial intelligence and more.
Piloted the "Ohio To Work" program in the greater Cleveland area, working with existing workforce development ecosystem, to help displaced workers find training, reskilling and long-term employment while helping employers find the workforce they need to be competitive.
Invested in job-ready sites through the Ohio Sites Inventory Program to improve Ohio's success competing for expanding and attracting businesses.
Last year showed that JobsOhio has set a solid foundation for industries to grow and be competitive. For example, the five leading industries in Ohio based on job creation in 2020 were:
Advanced Manufacturing
Automotive
Logistics and Distribution
Healthcare
Information Services and Software
"The year 2020 challenged us in unimaginable ways. Yet, despite everything we've been through, we are stronger and more committed to seeing Ohio succeed," said JobsOhio Board of Directors Chairman Bob Smith. "Ohio's talent and diversity is what sets us apart and allows us to gain a competitive advantage."
JobsOhio's 2020 Annual Report and 2021 Strategic Plan can be viewed on the JobsOhio website.
Revenue amounted to ?498.8m (?419.3m), an increase of 18.9% with an organic growth of 14.2%.Operating profit (EBIT) was ?19.0m (?10.7m), an increase of 78.0%, representing an operating margin of 3.8% (2.6%).Net profit amounted to ?6.5m (?2.1m), which...
Ankur Daga, CEO of Angara, a leading online DTC fine jewelry retail brand, has been named the winner of a Gold Stevie® Award in the Best Entrepreneur - Retail category in the 22nd Annual American Business Awards®. Ankur Daga Wins Gold...
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of QuidelOrtho Corporation between February 18, 2022 and April 1, 2024, both dates inclusive (the "Class Period") of the important June 11, 2024 lead...