From a Columbus 2020 Press Release:
Columbus, OH – When the Columbus 2020 regional growth strategy was launched three years ago, it set ambitious goals for the decade. Perhaps the most important was the goal of securing 150,000 net new jobs by 2020. A third of the way into the decade, the plan appears to be on track with the 11-county region surpassing the 50,000 job mark earlier this year and currently sitting at 58,000 new jobs.
“Because of the vision of our civic leaders, both public and private, an improving overall economy, and a long list of companies and entrepreneurs creating jobs day in and day out, the Columbus Region’s economy is stronger, more diverse, and more dynamic than ever before,” said Kenny McDonald, chief economic officer, Columbus 2020. “The Columbus Region’s accelerated job growth is the result of a lot of hard work and collaboration. While the addition of jobs is just one of our goals, it is a tangible benchmark that impacts everyone in the Region.”
The Region has seen job growth occur in a variety of industries, including automotive, logistics and information technology operations. Some of the area’s largest employers have continued to grow their footprint in the Columbus Region, and a variety of small and medium-sized businesses have expanded alongside them.
- Honda has added more than 150 new jobs since 2011 and made a $70 million commitment earlier this year to manufacture the Acura NSX supercar locally. The company also has a significant impact on overall employment in the Region, creating an additional 57 non-Honda jobs for every 100 of its manufacturing positions, and 87 additional non-Honda jobs for every 100 of its research and development positions – adding up to roughly 3,000 to 4,000 additional jobs that would not be possible without Honda.
- The personal care and beauty industry has taken hold at New Albany Business Park, located in Licking County, with six announcements in 2011 – Accel, Inc., Alene Candles, Axium Plastics, Inc., Jeyes, Inc., Knowlton Development Corporation, Vee Pak, Inc. – totaling nearly 1,200 jobs and $115 million in capital investment. In 2012, California-based Arminak & Associates announced plans to build a 65,000-square-foot manufacturing facility at the site, translating to a $4.5 million investment and the addition of 50 jobs.
- Significant investment from the retail sector, including e-commerce companies like Stella and Dot, Zulily, and Thirty-One Gifts, have added jobs and occupied new facilities in the area. DSW, Inc. also announced its plans to expand and add more than 900 jobs in the Columbus Region.
- The IBM Client Center: Analytics Solutions Lab opened in November 2012 and is continuing to grow jobs in the field of big data. Alliance Data, ICC, Call Copy and a growing list of companies continue to add jobs in the information technology sector.
“Employment growth is no accident. Actions like face-to-face meetings with existing companies and the promotion of our assets around the world are necessary to continue to leverage local and global opportunities,” said McDonald. “We are working with JobsOhio and a host of local economic development organizations, employers and entrepreneurs to not only maintain, but build on this momentum.”
In addition to the Region’s goal regarding net new job growth, Columbus 2020 is charged with increasing per capita income by 30 percent, adding $8 billion in new capital investment and ensuring the Columbus Region is recognized as a leader in economic development.
According to the most recent data available, per capita income is up approximately 5 percent since Columbus 2020’s inception, with the average annual salary of the Region’s net new jobs at more than $50,000. The Region has added approximately $3.55 billion in new capital investment since 2010, representing 44 percent of the 10-year goal. Industry accolades like Site Selection magazine’s Top-10 Metro Area ranking, announced earlier this year, have helped put the Columbus Region on the map in terms of economic development efforts.
For a comprehensive look at Columbus 2020’s progress, visit the reports section of ColumbusRegion.com.
About Columbus 2020
Columbus 2020 is a public-private partnership that leverages the strengths of the Columbus Region’s talented workforce, small and large businesses, research and academic institutions, and international connections to ignite economic growth and build a healthier, more sustainable future for Central Ohio. The initiative grows our economy by ensuring that our existing companies are growing and thriving, that the world´s leading companies are attracted to the 11-county region, that innovations are cultivated and commercialized, and that our civic infrastructure is continually improving to meet the challenges of a rapidly evolving world economy. For more information, visit ColumbusRegion.com.