|
Ohio Rings in the New Millennium on a High-tech Note(cover) Boosting Technology Preparing the Work Force for the New Economy Tax Cuts, Deregulation Too Tempting to Resist Southwest Ohio Flourishes Northeast Ohio: A High-tech Star Northwest Ohio's Economic Boom Dayron, Xenia: Flying High Central Ohio: The Heart of Distribution Request Information |
Northwest Ohio's Economic Boom
Northwest Ohio, like many regions nationwide, has benefited from the current robust national economy. And many towns -- from the larger metropolitan areas like Toledo to smaller communities like Findlay and Fostoria -- have taken steps to increase their attractiveness, and these efforts have garnered a lot of attention for the area.
So much attention, in fact, that DaimlerChrysler built a new $600 million Jeep manufacturing plant in Toledo last year. The 1.1 million-sq.-ft. (102,193-sq.-m.) plant began operations earlier this year and expects to be at full production by January 2001.
Of course, northeast Ohio's location near Detroit makes it a natural for such auto-related operations, and the area hopes to continue growth in this industry. "We know where our bread and butter is," says Don Jakeway, president and CEO of the Regional Growth Partnership in Toledo. "We've identified 10 major industry clusters that are driving our economy, and automotive manufacturing and automotive supply are certainly major pieces of that."
Another industry that is growing in northeast Ohio is distribution/logistics, as the new Jeep center illustrates. Part of the growth in this industry can be attributed to the region's immense infrastructure network. Toledo, for example, offers the Toledo Express Airport "that has become a real destination point for investment for international air cargo capabilities," says Jakeway. "We have BAX, which is our major facilitator there. We have good port facilities, and we're the second leading rail freight center in the country. We're also uniquely positioned with the roadway network, which includes the Ohio Turnpike system and I-75."
Many northwest Ohio towns are investing in their infrastructure to bring in more distribution business. Fostoria has been working with the state to expand its current infrastructure in order to alleviate any congestion for both highway and rail. (For more details, read the Small Towns story on pg. 306.)
It was Fostoria's strong rail capacities -- despite any congestion -- that brought two major distribution facilities to the city. First, Ford Motor Co. and Norfolk Southern have built a $38 million, 220-acre (89-hectare) distribution complex to serve the northeastern quadrant of the United States and the eastern half of Canada. Ford expects to distribute 1 million to 1.2 million vehicles a year from this facility.
"These underscore the fact that we're an excellent location in terms of our proximity to marketplace," says Dennis Hellmann, executive director with the Fostoria Economic Development Corp. "Both operations are here because of our location and fairly quick access to the East Coast, to Cleveland, Pittsburgh as well as Detroit."
Building on its natural amenities, northwest Ohio has also become a hot bed of agribusiness activity, including everything from straight farming through to value-added food processing. Heinz, for example, is expanding its food processing operations in Fremont. The company is investing $43 million to add more than 400,000 sq. ft. (37,161 sq. m.) of space to its ketchup plant, adding 175 new jobs to its existing 435 person work force.
In Fostoria, several food processing operations are already in place. Included among those is an Archers Daniel Midland soybean processing plant, Mennel Milling's wheat milling plant, and CountryMark has a grain storage facility there. "The land is very fertile and very flat, so there's a great deal of agriculture here," says Hellmann. "And because of the rail service, there's excellent storage capacity."
Manufacturing also continues to do well in northwest Ohio. Whirlpool has announced an expansion at its Clyde facility, where it will produce a new line of dryers. The $100 million expansion will create 150 new jobs. Johnson Controls also plans to develop a new $10 million, 150,000-sq.-ft. (13,935-sq.-m.) manufacturing plant in Northwood, where it will employ 140 workers.
But like its Ohio counterparts, northwest Ohio, too, is evolving into a more high-tech-oriented economy, while maintaining growth in its more traditional industries. Some of the high-tech industries that the region targets are polymers, which already have a large presence in the market, particularly as they relate to the automotive industry, telecommunications and advanced manufacturing.
One example of the region's high-tech capabilities came with First Solar's announcement of its new manufacturing facility. "First Solar is building a $9 million solar panel manufacturing facility [in Toledo]," says Jakeway. "That's a whole new technology they're dealing with, and we've worked with them all the way through their technology development process until they were ready to begin manufacturing. That's a really nice technology project that's taking place in Perrysburg in Wood County."
©2000 Conway Data, Inc. All rights reserved. SiteNet data is from many sources and is not warranted to be accurate or current.
|