Governor Mike DeWine Announces Approval of $1.1 Billion in Economic Projects Creating 3,550 Ohio Jobs

COLUMBUS, OH — Ohio Governor Mike DeWine and Lt. Governor Jon Husted announced that the Ohio Tax Credit Authority (TCA) approved 13 major economic development and corporate expansion projects during its monthly public board review, securing $1.1 billion in private capital investment and creating 3,553 new full-time jobs across seven Ohio counties.

Expanding Advanced Manufacturing and High-Tech Supply Chains

The approved tax credit agreements provide performance-based Job Creation Tax Credits for commercial expansions in Columbus, Cleveland, Dayton, and rural Appalachian counties. Key investments include advanced semiconductor equipment fabrication, commercial aviation maintenance facilities, and automated pharmaceutical distribution hubs that collectively add $248 million in annual payroll to Ohio's economy. The agreements require recipient companies to maintain operations in Ohio for at least 10 to 15 years.

Governor DeWine affirmed that Ohio continues to demonstrate that it is a premier destination for business growth and advanced manufacturing investment.

JobsOhio and Regional Economic Development Partners Praise

JobsOhio leadership commended the state approvals, highlighting strong private capital commitments in high-tech manufacturing.

Local mayors and county commissioners praised the tax credits for generating local tax revenues without raising residential tax burdens.

Project Implementation Timeline

Corporate site construction and job hiring across all 13 project locations will commence in autumn 2026.