Shortly after the Civil War and with the dawn of the Industrial Revolution, Ohio began its’ long history with manufacturing. The Great Lakes to the north brought in metals for the railroad and the transportation & production of these metals began the path for war production manufacturing during both World Wars. The State of Ohio has long built a solid reputation for making things and jobs.
Manufacturing is responsible for employing more people in Ohio than any other state with over 680K workers and an average salary of $72K.
One of the top sectors is within the automotive and automotive parts manufacturing sector and Ohio is at the top in parts manufacturing with large investments in the auto sector. The future is looking great as well with Cleveland.com forecasting this sector to grow 19% and increase employment numbers to 28,800 by 2024.
Ford Motor Co. is committing more than $200 million to its Avon Lake assembly plant in Ohio for example and should help them retain and/or create 120 jobs. Not to be outdone, Honda plans to invest $267 million in its Ohio assembly plant for the Honda Accord in addition to some of that investment going to their engine plant near Anna.
GM also has plans to invest and will invest $218 million in its Parma Metal Center. This new investment is going to provide an upward push for its various presses, dies, and sub-assemblies. Unfortunately this won’t result in an increase in jobs but will ensure it can retain its current headcount.
Big corporations aren’t the only ones that know how great Ohio is for the manufacturing industry. As Ohio natives and a small business manufacturer, we can attest to the fantastic conditions that allow manufacturing to flourish here.