|
Company: JobsOhio, Columbus, OH
Nomination Submitted by: Paul Werth Associates
Company Description: JobsOhio is a private nonprofit economic development organization that helps businesses relocate, expand and prosper in Ohio. In partnership with our state and local partners, JobsOhio has redefined economic development and epitomizes a model that others are trying to emulate across the country and around the globe.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Organization of the Year - Non-Profit or Government - Large
 Nomination Title: JobsOhio + Intel: Historic Economic Development
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2020, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
- If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):
Total 199 words used.
JobsOhio is Ohio’s private, not-for-profit economic development corporation. And much of Ohio’s economic growth over the past decade can be traced to its birth. In 2011 Ohio faced unemployment in the double digits and a net loss of 400,000 jobs since 2007. The state ranked 48th in its prospects for growth and job creation. Something had to change. That year, the Ohio General Assembly created JobsOhio. As a private corporation, JobsOhio can move quickly without government red tape. Members of its leadership team come from years in private industry and speak the language of the companies with which they engage. From 2011 through 2020, JobsOhio facilitated:
- More than 2,800 economic development projects.
- Attraction of 500 companies from outside of Ohio.
- Creation of more than 210,000 jobs.
- Addition of more than $10 billion in payrolls.
- Retention of more than 590,000 jobs.
Ohio also has steadily risen as one of the best states for business. Ohio is now ranked No. 2 in CNBC’s “Cost of Doing Business” rankings; is No. 7 in CNBC’s “Access to Capital” rankings, up from No. 21; and is No. 4 in Site Selection Magazine’s “Top Business Climate” rankings, up from No. 9.
- If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):
Total 245 words used.
While JobsOhio can point to numerous successes, one is the biggest in state history. On January 21, 2022, President Joe Biden, Ohio Gov. Mike DeWine and Intel announced the company’s decision to invest more than $20 billion in Ohio to build two state-of-the-art chip factories. Already in 2020, JobsOhio had:
- Created 19,021 new Ohio jobs.
- Oversaw $7.8 billion in capital investments.
- Completed 307 total projects.
- Invested up to $250 million in COVID-19 response programs impacting 300,000 Ohio jobs.
And in 2021, JobsOhio through Q3 had recorded:
- 303 new projects.
- 21,921 new jobs created.
- $4.9 billion in capital investments.
Behind the scenes, however, JobsOhio had been working to convince Intel that Ohio was the best place to build its mega facility. Word came on Christmas Day when both Gov. DeWine and Lt. Gov. Jon Husted received hand-delivered letters from Intel: Ohio had won.
The project will be transformative for Ohio, the Midwest region and our nation. It is expected to generate more than 20,000 Ohio jobs, including 3,000 direct Intel jobs paying an average of $135,000 per year (plus benefits), 7,000 construction jobs, and tens of thousands of additional indirect and support jobs. The project is expected to add $2.8 billion to Ohio’s annual gross state product, and Intel has said it could eventually expand to eight factories.
More than 140 existing Ohio businesses are already Intel suppliers, and that number is now expected to rise.
- If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):
Total 244 words used.
President Biden in his recent State of the Union address said the Intel investment would shore up America’s domestic technology supply chain and help revive manufacturing here at home. “It’s about jobs,” he said, noting the Intel project’s importance to the nation and to reviving an industrialized Midwest.
In 1990, the U.S. was a leader in chip production with nearly 40% of the world’s capacity. In 2020, that share was only 12%. Now, a shortage of semiconductors made elsewhere has hamstrung more than 300 downstream economic sectors, including automotive.
Intel was committed to changing that state of affairs. But originally, Intel acknowledges, Ohio wasn’t on its radar. JobsOhio’s success in sealing the deal was almost a David and Goliath scenario, with major technology clusters established on the coasts and 47 states competing. While Ohio is the seventh-largest state with a long manufacturing tradition, its growing technology capabilities, access to talent, and ability to partner with prospective new companies have often been overlooked.
JobsOhio stressed the availability of land, Ohio’s willingness to invest in infrastructure, and a ready source of engineering talent from Ohio’s major universities. Ohio also boasts a powerful logistical geography.
But JobsOhio’s unique ability to function as a business was what ultimately tipped the scales. Many of the competing states lacked JobsOhio’s ability to work confidentially at lightning speed, work privately outside of government barriers and field a team of industry experts.
In the end, JobsOhio’s uniqueness made the difference.
- You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):
Total 192 words used.
Following are a number of reference points for assertions made in this nomination. They include data sources for JobsOhio’s successes during the past two years and since the corporation’s creation in 2011, evidence of Ohio’s most recent ranking in Site Selection Magazine’s Governor Cup rankings, numerous sources regarding the Intel announcement and a video compilation related to Intel’s decision including clips from Governor DeWine and President Biden’s press conference as well as the President’s State of the Union Address.
Video compilation related to Intel’s decision
Extensive Time Magazine article on Intel’s decision to establish operations in Ohio and its significance for the economies of Ohio and the U.S.
New York Times coverage of the Intel announcement
Yahoo Finance interview with JobsOhio CEO and President J.P. Nauseef regarding how Ohio landed Intel
Gov. Mike DeWine’s news conference announcing the Intel deal
White House news conference announcing the Intel deal; features President Joe Biden and Intel CEO Pat Gelsinger
Announcement of Ohio being named #2 in Site Selection Magazine’s Governor’s Cup rankings
Running list of successful JobsOhio projects through the years
JobsOhio metrics reports
JobsOhio-Intel Project Slice Results
Columbus Dispatch (PDF attached)
| Attachments/Videos/Links: |
|---|
|
