JobsOhio plans for post-pandemic recovery include focus on manufacturing

As the COVID-19 pandemic has highlighted the need for more goods to be manufactured in the United States, JobsOhio is planning a shift “from business attraction to economic rescue” that involves “the recent push for re-shoring,” the Cincinnati Business Courier reports. Ohio “has the country’s third-highest concentration of manufacturing,” and JobsOhio, which is funded through the state’s liquor franchise, may have an advantage over states whose economic development is funded through state budgets that are seeing cuts due to the economic downturn from the pandemic, according to the article. JobsOhio’s strategy “will be to capture consolidations from companies in Ohio” that want to return operations from overseas, “lure coastal companies looking for lower-cost areas to save money, and capitalize on the federal and military installations.” For more, read the full article.

Economic Development, State Updates