With strong support from JobsOhio, local economic development partners and a committed private sector, the Regional Growth Partnership’s international development efforts continue to generate positive returns.
Second-quarter activity with the RGP’s international arm has helped develop a pipeline which carries the potential of 7,000 new jobs for this region and billions in capital investment.
“The RGP has established a clear strategy to market the Toledo region and Northwest Ohio across the globe at key international events and to the most substantial international site selection consulting firms,” said Paul Zito, vice president of international development at the RGP. “This has coincided with a recent realization around the world that the future of industry and commerce lies in cities and regions that have a long history of industry and commerce.”
Just two months ago, a major British company announced plans to enter the U.S. market with a new manufacturing facility in Bowling Green. MICC (Mineral Insulated Cable Company) is a world leader in the manufacturing of mineral insulated cable products. The company is expected to create at least 33 new jobs.
Zito began a whirlwind second quarter with a visit to Germany for the ever-popular Hannover Messe 2017 show – the world’s largest industrial trade fair. Here, Zito generated 11 strong leads while also meeting with German companies which have existing operations in Northwest Ohio. Outside of Hannover, Zito brought home 20 more leads while participating in a “Doing Business in the U.S.” event for German companies near Stuttgart.
In June, Zito attended Select USA Summit in Washington, D.C., where more than 700 companies from around the world gathered to discover opportunities for investment in the U.S. Zito came away from that conference with seven new leads from China, Poland and Germany. It was this show two years back where Zito first met representatives from MICC, the company previously identified which recently opened a new facility in Bowling Green.
“We have worked to coordinate the foreign direct investment process with our economic development partners in the region. This has resulted in a strong, clear and coordinated value proposition to companies around the world,” Zito said.
Moving through 2017, Zito anticipates market visits to Canada, potentially the Far East and possibly Europe.