Nearly 6,000 new jobs were created across Northwest Ohio in 2018 behind $3.2 billion of capital investment, according to the Regional Growth Partnership. Northwest Ohio’s lead economic development group presented those results at its annual meeting Feb. 25.
During the meeting at The Pinnacle in Maumee, the RGP showcased a wide range of activity across the 17 county region last year – projects coming from a diverse set of industries. For example, 15 of the 17 counties reported project “Wins” in 2018, and six of those counties counted at least seven projects. Northwest Ohio’s advanced manufacturing sector led the way with 45 projects producing more than 2,300 new jobs and nearly $1.5 billion of investment.
“The RGP long ago realized the necessity to collaborate amongst regional economic development partners to best compete nationally,” said Dean Monske, president and CEO of the Regional Growth Partnership. “The record results for five consecutive years goes directly to the RGP working with area groups to recognize and address the immediate needs of businesses.”
Several significant projects in 2018 included:
* First Solar – 1,000 new jobs/$900 million capital investment
* Walgreen Company – 350 new jobs/$80 million capital investment
* General Dynamics – 391 new jobs/$9 million capital investment
In addition to those results, the RGP has developed a healthy pipeline of opportunity offering the potential of close to 8,000 new jobs and $7 billion of capital investment.
A significant highlight at the annual meeting featured NSG Group’s Daniel Knecht discussing the regional efforts of the RGP and others in helping the glass manufacturer locate a new facility in Wood County. The company announced in 2019 a $250 million investment to construct a 500,000 square-foot facility which will add 150 new jobs. The RGP, Wood County Economic Development Commission and Austin Consulting worked collaboratively with NSG to support the company’s first new float glass plant in the U.S. since 1980.
Following the meeting the RGP distibuted its annual report which can be found online HERE