JobsOhio Overview - Advanced Manufacturing Sector

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1 JobsOhio Overview - Advanced Manufacturing Sector JobsOhio German American Chamber of Commerce Transcontinental Cluster Conference on Lightweighting Technologies & Materials February 15, 2017

2 Topics Intro to JobsOhio Ohio s Business Advantages Ohio s Advanced Manufacturing Assets and Ecosystems Ohio s Advanced Manufacturing Strategic Technologies Ohio s Quality of Life 2

3 JobsOhio Client Focused Regionally Connected Your One-Stop Shop for Business Success in Ohio Results Oriented 3

4 Ohio s Business Advantages BUSINESS FRIENDLY CLIMATE Taxes down, Surplus up, GDP up MARKET ACCESS 60% of N. American population within 600 miles INFRASTRUCTURE Roads, Rail, Air, Water, Internet EDUCATION & RESEARCH Extensive network of Colleges, Universities and Research Institutes Ohio NATURAL RESOURCES Abundant Land, Energy and Water #7 PEOPLE 7 th most populous U.S. State 4 4

5 Ohio s Business Friendly Environment Pro-business Tax Climate NO Corporate Profits or Income Tax NO Tangible Personal Property Tax NO Inventory Tax NO tax on products sold outside of Ohio NO tax on machinery and equipment investments NO tax on R&D Investments Single, Low Rate Business Tax Ohio only has one state business tax The Commercial Activity Tax (0.26%) No tax on first $1 million in taxable gross receipts No tax on products sold to customers outside of Ohio Lowest Tax Rate on New Manufacturing in the Region -EY, KPMG 5

6 Ohio is Strategically Located in the U.S. LOCATED WITHIN 600 MILES OF 60% OF THE U.S. AND CANADA POPULATIONS 6

7 Ohio s Logistics Infrastructure Air 4 dedicated cargo terminals and 7 commercial air carrier airports Road #1 in the Midwest for value shipped via truck Rail 13 intermodal terminals connected by the 4 th largest network of railroads Water Ports Ohio connects to both the Gulf of Mexico and the North Atlantic Ocean 7

8 Ohio s Education/Research Institutions World-class Education System Home to more than 200 higher education institutions 4 TH in materials R&D spend8 TH in the number of engineering graduates per year Renowned Research Centers - Unmanned Aerial Systems, Propulsion, Materials Science, Flexible Electronics, Energy Storage, Advanced Communications, and Sensors 8

9 Ohio: A Premier Adv. Manufacturing & Aerospace State Our Keys to Success Innovation $10 billion annual science and engineering spend 4 National Mfg Innovation Institutes WPAFRL, NASA Glenn, Battelle, UDRI, UCRI, etc 3rd largest workforce in US Talent 80 campuses graduating >11,700 engineers, engineering techs Cost of Ohio talent typically 5% lower than national Market Access #1 Supplier State to Airbus and Boeing, #2 supplier of Automobiles $100 billion in Mfg Output Reach 60% of NA market within one days drive Corporate Leadership Home to many corporate leaders in Manufacturing and Aerospace Making the future come to life 9

10 Supply Chain Growth Strategies Move up value chain Platforms, Subsystems, Assemblies Grow with disruptive technologies Machined Parts/ Metal Fab. Advanced Manufacturing Aerospace Plastic Part Manufacturing Attract with our low cost energy Advance Material Producers 10

11 Triple A Disruptive Technology Strategy Additive Manufacturing Disruptive digital part manufacturing process for metals and composite materials Double-digit growth, 20-40% yr/yr. Assets: America Makes, EWI, GE Aviation, Cincinnati, Incorporated, MakerGear, RP+M NEO Additive Cluster (~200 companies) Advanced Materials/ Composites / Carbon Fiber Advanced composites critical enabler to lightweighting in Aerospace, Automotive, and Biomedical sectors Double digit growth, >11% yr/yr Assets: Composites R&D infrastructure: IACMI, UDRI, #1 plastics supplier, low cost energy, proximity to Auto & Aero markets, Automation/IOT/ Autonomy Industry 4.0/IIoT, key to productivity and sustainable NA advanced mfg Mfg Assets: Extensive Mfg eco-system with over 3000 metal and composite manufacturers Strategy: Establish Ohio as a COE for Additive Mfg g, leveraging America Makes, NEO Additive Cluster Lead in 3D design, material and process development. Attract equipment manufacturers, expand service bureau network. Strategy: Attract Carbon Pre-cursor and Fiber producers with Ohio s low cost energy, feedstock and market access Leverage IACMI Charter Membership to drive low cost carbon fiber technologies to commercialization in Ohio Strategy: Drive growth of our Automation industry by Fostering adoption of this Smart machines/factories Attraction of system providers Innovation... Our Heritage, Our Way 11

12 Quality of Life in Ohio 12

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