Annual survey recognizes Ohio excellence in manufacturing and logistics

According to Ball State University’s annual Manufacturing and Logistics Report Card, Ohio is one of only two states to earn both an “A” grade in manufacturing and logistics. Indiana also earned an “A” grade in both industries.

The manufacturing rating is based on total income earned by manufacturing employees in a given state, the wage premium received by manufacturing employees relative to those of other states and the per capita share of manufacturing employment.

The logistics rating is based on the share of total logistics industry income as a share of total state income and the employment per capita.

In announcing the report’s results, the Ohio Business Development Coalition interviewed MAGNET’s President and CEO, Dan Berry, who said:

“As globalization, technology and innovation reshape our economy, some of the greatest opportunities for economic growth in Ohio lie in manufacturing,” said Daniel Berry, president and CEO of the Manufacturing Advocacy & Growth Network, a Cleveland-based economic development group aimed at helping manufacturers in Ohio become more competitive and grow.

“We are looking for opportunities to build on the strengths of our industrial heritage that’s highlighted in the Ball State University report by connecting these capabilities with future manufacturing needs in technology-driven growth clusters like materials, advanced energy, materials and aerospace.”

According to the Ohio Manufacturers’ Association, manufacturing is the largest of the 20 sectors of Ohio’s economy with 17.8 percent of total output in 2008. Manufacturing leads Ohio’s private sector industry in job creation, with more than 14 percent of all Ohio workers are employed in manufacturing. More than half of all manufacturing jobs in Ohio are in high demand industries, such as transportation equipment, plastics and rubber and food.

For more details about how Ohio earned it’s high grade in the 2011 Manufacturing and Logistics Report Card, check out the Ohio Business Development Coalition’s June 22, 2011 press release.

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Posted by MAGNET Ohio in Economic-Issues-For-Mfgs, Regional-Manufacturing-News, Regulatory-Issues

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