GREATER CINCINNATI: CONNECTIONS TO YOUR BUSINESS SUCCESS

Transcription

1 GREATER CINCINNATI: CONNECTIONS TO YOUR BUSINESS SUCCESS

2 GREATER CINCINNATI HAS a vibrant business climate to support companies that need to discover new ways to market products, send those products to customers or expand their footprint. With the second-lowest cost of doing business in the nation, pro-business financial incentives and a compelling list of worldclass resources, companies from startups to Fortune firms effectively compete and succeed in the region. INDIANA GREATER CINCINNATI KENTUCKY OHIO Businesses fuel growth by tapping into the buying power of major corporations and taking advantage of the large, talented workforce located here. Our entrepreneurial ecosystem is thriving, with nationally ranked incubators and accelerators helping entrepreneurs turn their ideas into reality. The region s central location offers companies of all sizes exceptional access to customers and suppliers across the globe. IN GOOD COMPANY: FORTUNE 1000 HEADQUARTERS AK Steel Holding Corporation Western & Southern American Financial Group Inc. Financial Group Inc. Ashland Inc. Vantiv Inc. Cincinnati Financial Corporation Cintas Corporation Convergys Corporation Fifth Third Bancorp General Cable Corporation The Kroger Co. Macy s Inc. Omnicare Inc. Procter & Gamble The Regional Economic Development Initiative (REDI) Cincinnati is the first point-of-contact if you re interested in starting, locating or expanding your business in our 15-county region in Southwest Ohio, Northern Kentucky and Southeast Indiana. REDI Cincinnati is comprised of top business leaders, investors and community partners and features a team of economic development professionals who will connect you with the right resources to explore all the advantages our region offers. Want to learn more about locating your business in Greater Cincinnati? REDICincinnati.com GrowCincyUSA REDICincinnati REDI Cincinnati

3 CENTRAL ACCESS TO CUSTOMERS, SUPPLIERS AND PURCHASING POWER: Easy access to 2.2+ million people in the area, 25 of the largest metro regions, more than half of all U.S. manufacturing establishments, and half of the U.S. population. A MAJOR HEADQUARTERS REGION: Headquarters of more Fortune companies per capita than New York, Los Angeles or Chicago AMONG MOST COMPETITIVE CITIES IN THE WORLD and Top 5 in North America for aerospace, chemicals and plastics, food and beverage, metals, as well as transportation and logistics Site Selection magazine, 2015 A LEADING STARTUP HUB: Called a hotbed for entrepreneurial growth (Forbes, 2015) with nationally ranked accelerators and incubators A RAPIDLY EMERGING IT AND INNOVATION METRO: 1,500 IT companies located in Greater Cincinnati, making it a major hub of innovation and growth CREATING WORLD-CLASS TALENT 300+ universities adding more than 200,000 graduates to the workforce each year

4 A REGION OF GLOBAL INDUSTRY LEADERS, TALENT & OPPORTUNITIES LAND YOUR NEXT BIG CLIENT IN GREATER CINCINNATI With a number of global industry leaders corporate and North American headquarters located in Greater Cincinnati, you won t have to look far for opportunities to land new business or to find partners to collaborate on innovations. BIOHEALTH 17,900+ physicians, life scientists and engineers in the Greater Cincinnati metro area 590+ biohealth-related businesses already located in the region Heart failure genes were first identified by the University of Cincinnati in 2002 FOOD & FLAVORING Headquarters of John Morrell Food Group, AdvancePierre Foods Inc., Graeters and Sunny Delight Beverages Co. Major operations of Givaudan Flavors Corporation, Archer Daniels Midland Company, Frutarom and MANE Inc. (three of the Top 10 international flavoring companies) Ranked Top 5 city in North America for transportation and logistics (Site Selection, 2015)

5 GET THE BRIGHTEST TALENT AT THE BEST COST With a diverse workforce of 2.2 million, you ll find the talent you need at competitive wages that match the low cost of living. Strengthen your workforce each year when 200,000 bright minds graduate from 300 colleges and universities within a 200-mile radius of our region. Take advantages of workforce development programs offered by local colleges, universities and other organizations. INFORMATION TECHNOLOGY Ranked tenth best metro area for STEM professionals (WalletHub) 1,500 IT companies already operate in Greater Cincinnati Home to nationally ranked incubators, including publicprivate seed-stage investor CincyTech SHARED SERVICE/ HEADQUARTERS Greater Cincinnati has the fastest-growing economy in the Midwest (U.S. Bureau of Labor Statistics, 2015) Called a model for diversity and inclusion by Black Enterprise magazine, 2015 Over-indexed in big data and talent in the McKinsey Game Changers report MANUFACTURING 2,500+ companies and 140,000 workers within 50 miles of Cincinnati s city center (including one of the highest concentrations of aerospace talent in the world) Headquarters of Fortune 500 AK Steel and Ashland Inc. Headquarters of GE Aviation, the world s leading jet engines manufacturer Headquarters to 14 Fortune 1,000 companies Over indexed in additive manufacturing in McKinsey Game Changers

6 A TOP-RANKED BUSINESS CLIMATE WITH LOW OPERATING COSTS It costs less to run a business in Greater Cincinnati than in the majority of other large metropolitan areas. In addition, our top-ranked business climate including the lowest business and capital investment rates in the Midwest will help provide steady results for your company. LOWER OPERATING COSTS Second lowest business operating costs of all U.S. metropolitan areas with populations of two million or more. KPMG Competitive Alternatives Study 0% corporate income tax, tangible personal property tax, inventory tax, sales tax on machinery. NO. 1 U.S. city for tax friendliness NO. 2 largest inland port in the U.S. 10+ incubators and accelerators make up StartUp Cincy 38% of population age 25+ have an associate degree or higher NO. 11 in the nation for attracting biohealth venture capital Fierce Biotech, 2014

7 A GREAT PLACE FOR ANY LIFESTYLE LOVE YOUR LIFE The Greater Cincinnati region is one of the best places to live. You and your employees will love the sense of community, activities that cater to any interest and cost of living that s 10 percent lower than the national average. These advantages will help you recruit new talent from other areas of the country and keep the talent you already employ. HAVE FUN HERE Four professional sports teams, all five arts disciplines, worldrenowned theatres and America s largest Oktoberfest second only to Munich, Germany make the Greater Cincinnati region a fun place to live. MORE FOR YOUR MONEY 5th most affordable, livable city in the U.S. money.msn.com, 2015 A GREAT PLACE FOR ANY LIFESTYLE No. 6 foodie city in the U.S. No. 3 staycation destination in the U.S. HIGH QUALITY OF LIFE Third in the nation for music venues per capita WalletHub, 2015 No. 1 city in the U.S. for pet lovers No. 1 city in the U.S. for gourmet specialty-food stores per capita WalletHub, 2015

8 ACCESSIBLE Easy access to 2.2+ million people in the area, 25 of the largest metro regions, more than half of all U.S. manufacturing establishments and half of the U.S. population. STABLE Enjoy a low-risk, high-return business environment that yields steady, solid results with the lowest business and capital investment tax rates in the Midwest. TALENT Tap into local colleges, universities and professional schools for tomorrow s talented leaders. LIFE Take advantage of the safe, affordable and lively environment where the cost of living is 10 percent lower than the national average. GLOBAL Benefit from the 450+ foreign-owned firms and the headquarters of more Fortune companies per capita than Los Angeles, New York or Chicago. Let the Regional Economic Development Initiative (REDI) Cincinnati connect your company to all the advantages the Greater Cincinnati region offers. To learn more, contact REDI Cincinnati at (513) East Fourth Street Suite 301 Cincinnati, OH (513) Info@REDICincinnati.com REDICincinnati.com GrowCincyUSA REDICincinnati REDI Cincinnati c ps