Ohio has the #2 Most Economic Development Projects Overall - Site Selection Magazine's Governor's Cup, 2014 

The AEP Ohio Region

AEP Ohio delivers electricity to more than 1,100 communities in 61 of Ohio’s 88 counties. Our economic development team helps companies relocate to our Ohio territory, expand existing operations, and create jobs.

Property Search

Find the best site in Ohio to grow your business. Search our portfolio of certified sites, or all available sites and buildings.

Contact us if you’d like assistance with your search.

Advantages of Doing Business in Ohio

Location & Infrastructure

  • Within one day’s truck drive to 60% of the U.S. and Canadian populations
  • 4th largest interstate system in the U.S. – over 1,500 miles (2,500 km)
  • 38,000 miles of natural gas pipeline development expected over the next decade
  • Six Class I railroads serve the state
  • Access to Rickenbacker Inland Port in Central Ohio – a major multimodal logistics hub that includes one of the only cargo-dedicated airports in the U.S.
  • Direct container shipping from Cleveland to Europe

ShippingCosts_OHIO

Business Climate

  • No corporate income tax or corporate franchise tax
  • No personal property tax or taxes on new machinery and equipmentText_LowCostBusiness
  • No tax burden on inventory tax
  • No tax on out-of-state sales
  • Third friendliest tax environment and the lowest tax burden on new investment in the Midwest – Ernst & Young 2011
  • 7th largest state economy, $583B in GDP
  • State exports over $52B; among the top 10 states
  • Balanced budget with a $1.4 Billion surplus
  • Below average Workers Compensation Premium Rates (Workers Compensation Research Institute)

Workforce & Education

Pie Chart of Ohio's Sectors of Employment

  • Over 200 higher education institutions
  • Worker availability in key occupations:
Table of Workers (2015)
Jobs  Average Hourly Earnings
STEM 276,042  $34.44
Engineers 67,415  $39.05
Business 280,547  $29.58
Automotive Production 304,968  $16.48
Source: EMSI 2017.2

Electric Service

  • Robust transmission capacity to support large industrial users
  • Ohio is an Electric Choice state, allowing customers to choose transmission and generation service from 20 different suppliers
  • AEP Ohio provides distribution service

RatesCharts_EIA2014_OHIO

Ohio is a recognized leader in economic development.

  • 1 of 8 states to get an “A” in Manufacturing industry health and 1 of 5 states to get an “A” in Logistics industry health – Ball State University’s Center for Business and Economic Research 2013
  • #4 Overall Infrastructure/Global Access – Area Development 2014
  • #6 Labor Climate – Area Development 2014
  • #2 Spot Overall and Per Capita for Second Consecutive Year – Site Selection’s Governor’s Cup 2014

Our key customers include:

  • Amazon
  • Anheuser-Busch, Inc.
  • E I DuPont de Nemours Headquarters
  • General Mills
  • Globe Manufacturing, Inc.
  • Kraft Foods
  • Marathon AshlandPetroleum, LLC
  • Metal Container Corporation
  • Ormet Aluminum
  • Owens Corning
  • The Ohio State University
  • The Timken Company
  • US Steel

The principal industries we support are:

  • Chemical Manufacturing
  • Data Centers
  • Fabricated Metal Products
  • Food and Beverage Manufacturing
  • Petroleum and Coal Product Manufacturing
  • Primary Metals
  • Rubber and Plastics Products
  • Shale Oil and Gas

For details to bring your business to Ohio:

Contact

Tim Wells, CEcD

Tim Wells, CEcD

Manager of Economic and Business Development

AEP Ohio

740-368-7139

Email Me

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