300 Carew Tower 441 Vine St. Cincinnati, OH CincinnatiUSA.org CINCINNATI USA: A REGION OF OPPORTUNITIES
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1 CINCINNATI USA: WHERE TO LEARN MORE CINCINNATI USA: A REGION OF OPPORTUNITIES For additional information about locating your business in Cincinnati USA, visit: CincinnatiUSA.org. For specific questions, us at partners@cincinnatichamber.com. The Cincinnati USA Partnership is a regional economic development organization representing Southwest Ohio, Southeast Indiana and Northern Kentucky. The Partnership has helped hundreds of companies locate their businesses in Cincinnati USA. 300 Carew Tower 441 Vine St. Cincinnati, OH CincinnatiUSA.org 2010 Cincinnati USA Regional Chamber 8.10 XX 1000 SS
2 CINCINNATI USA: REGION OF PROGRESS Welcome to Cincinnati USA, a progressive three-state, 15-county region at the intersection of Ohio, Kentucky and Indiana, located on the banks of the Ohio River and an all-together surprising region. Cincinnati USA is a global business center with nine Fortune 500 companies, more than 300 foreign-owned firms and invaluable accessibility to customers and suppliers across the world. A place where rolling hills and a scenic river valley strike a breathtaking contrast against a metropolitan skyline. Considered to be the first major American boomtown, Cincinnati USA continues to flourish as a thriving region, firmly grounded by its innovative spirit, rich heritage infused with a youthful exuberance and resurgence. We are a region of contrasts. Historic yet modern. Established yet innovative. Familiar yet surprising. Urban and suburban at the same time. Community-minded and individually focused. And it s these contrasts that create a unique vitality that sets Cincinnati USA apart from others.
3 CINCINNATI USA: CONVENIENT LOCATION Global Access to Customers & Suppliers Cincinnati USA sits at the crossroads of three states in the Midwest a gateway to the world. Companies, clients and supplies come and go via a first-class transit infrastructure, traveling across the globe and back with ease. Cincinnati s central location makes every major destination in the Midwest easily accessible-detroit, Chicago. Pittsburgh, Indianapolis, Columbus, Cleveland, Louisville, Nashville and others. Within 600 miles (966 kilometers) of: 52% of the nation s population 53% of the nation s purchasing power 52% of the nation s manufacturing establishments Population: 2,133,678 Largest Metro Region in Ohio 24th Largest Metro Region, with infrastructure and services (transportation, power, technology, healthcare, education) comparable to any western world mega-city By Air: The Cincinnati/Northern Kentucky International Airport (CVG), located in Northern Kentucky, has dozens of non-stop flights including international destinations This central location and the abundant resources available, makes Cincinnati USA a key destination for personal and career opportunities, travel and overall good reach One-hour flight to half the U.S. population Top 50 U.S. markets served with direct, nonstop flights from CVG, including international Serves nearly 9 million passengers a year Home to 1 of 6 Delta Hubs Ranked 1 of 10 Best Hubs in North America, 2008 (by JD Powers & Associates) By Interstate: Interstates I-75, I-71 and I-74 link the Cincinnati USA region to the rest of the continental United States 20 major metro markets within 400 miles and 30 major metro markets within 600 miles Bus system links downtown with the suburbs and Northern Kentucky More than 1.56 million workers live within 50 miles of the downtown Cincinnati USA vicinity.
4 CINCINNATI USA: HOME TO BUSINESS & INDUSTRY Global Business Center More than 47,000 scientists, engineers and technicians are employed in the region More than 100,000 young professionals join the Cincinnati USA workforce each year Established & Emerging Industries Established Clusters Aerospace 300 companies 180,000 workforce The Cincinnati-Dayton corridor ranks in the top 15 areas nationally for number of companies directly involved with aerospace products and parts manufacturing. Automotive 200 companies 95,000 workers Cincinnati USA accounts for more than 25% of the Tier 1 auto suppliers in the United States. Chemistry & Plastics 300 companies 35,600 workers This region is home to nearly 300 businesses involved in the manufacturing of basic and specialty chemicals, pharmaceuticals, soaps and cleaners, flavorings, printing inks, adhesives, paints and coatings and plastics and rubber products. Financial Services 5,300 businesses 62,000 workers With one of the largest metro areas in the country, Cincinnati USA boasts a number of Fortune 1000 companies involved in the financial services industry and is leading the region in banking, insurance, investment, and securities firms, venture capital and real estate. Emerging Clusters Advanced Energy Cincinnati USA s leadership in technological innovation and manufacturing makes it a perfect location for new opportunities in advanced energy. With exceptional manufacturing capabilities, abundant natural resources, easy market access and demonstrated success in public-private partnerships, the region is positioned to become a leader for the next generation of energy supply. Consumer Products/Creative Services A core of companies, including Procter & Gamble, The Kroger Co. and Macy s, are driving Southwest Ohio s strong consumer services industry and burgeoning creative services. Information Technology This region profits from a robust and diverse IT cluster that includes Fortune 1000 companies, a strong network of highly-rated academic institutions, global IT service providers, world-class infrastructure and engaged IT leadership. Biociences Cincinnati USA is a strong research community with the University of Cincinnati, as well Cincinnati Children s Hospital Medical Center, involved in the research, testing and production of pharmaceuticals, medical devices and equipment, along with agricultural products. Cincinnati USA is home to Nine Fortune 500 company headquarters: Entrepreneurial Activity Cincinnati USA has the ability to drive early-stage capital into high-growth-potential, high-tech companies who have a focus in information technology, biosciences and advanced manufacturing/materials through CincyTech. CincyTech helps entrepreneurs turn great ideas into great companies. Growing the size and scale of minority business is another focus and success story in Cincinnati USA. Through the work of the Minority Business Accelerator. Local minority-owned businesses have grown their local employment by 11% and revenues by over 20%.In addition, the MBA works with the regional corporate community to establish annual minority spend goals. Since the MBA s inception, more than $500 million has been committed annually to local minority firms in the region, a 100% increase over the last five years. 400 Fortune firms have operations in Cincinnati USA 15 Fortune 1000 firms have operations here
5 CINCINNATI USA: FOREIGN-DIRECT INVESTMENT CINCINNATI USA: EDUCATION Top 5 Countries with Foreign Investment in Cincinnati USA Japan Germany United Kingdom France Canada Global Partners & Customers Foreign investment in the local economy is substantial. More than 300 Cincinnati-area firms are presently owned by companies in Asia, Europe and North America. CINCINNATI More than 1,000 area firms have contributed to Cincinnati USA s position as a Top 25 international trade center, generating approximately $11.8 billion in sales to markets outside the U.S. each year. Educating for the Future Cincinnati USA is committed to lifelong learning, with a vast network of colleges, universities and career development centers that sustain the region s diversified workforce. The wide array of educational institutions available within the tri-state area partner with not only the academic community, but also with the business community, ensuring a variety of opportunties for students, faculty and business leaders. Cincinnati USA is home to nationally- and internationally-recognized educational institutions: University of Cincinnati s College of Design, Architecture, Art and Planning (DAAP) Xavier University ranked in Top 10 for best schools in the Midwest Cincinnati State s Midwest Culinary Institute Cincinnati Public Schools School for Creative and Performing Arts Colleges, universities and professional schools (within 30 miles) = 14 Junior colleges and technical institutes (within 30 miles) = 19 K 12 public school districts = 71 K 12 private school districts = 56
6 CINCINNATI USA: QUALITY OF LIFE Cincinnati USA is constantly evolving, with opportunities and discoveries around every corner. Enjoy Excellent Quality of Life Cincinnati USA Entertainment 50 Movie Theaters (within 15 miles) 2,459 Restaurants (within 15 miles) With its wide variety of worldrenowned arts offerings, major and collegiate sports franchises, a multitude of educational opportunities and a lively quality of life, there is always something interesting to do. Cincinnati USA offers a network of contrasting neighborhoods full of vibrant diversity within each one, distinctly special, yet still part of a close-knit familiar community. Cincinnati USA is a livable region that is safe, with a low cost of living and affordable housing, with a commuterfriendly atmosphere. Cost of Living Cincinnati USA s cost of living is truly remarkable and has been long underrated. Cost of living is generally only appreciated upon experience; however, compare the standard of living between Cincinnati and any other major metro, and you will quickly realize how affordable Cincinnati truly is. The average price of housing* in: U.S. = $212,300 Cincinnati = $138,600 * Based on average of 2006, 2007 & 2008 average prices; Source: National Association of Realtors Anyone seeking exciting, enriching careers will be delighted upon entering Cincinnati. More than 1.5 million workers live within 50 miles of the heart of the city, and Cincinnati is in the nation s Top 10 markets for number of Fortune 500 headquarters per million residents, higher than New York, Boston, Chicago and Los Angeles. National Spotlight Although Cincinnati is a community of communities, a friendly mesh of easy-going people, and a surprisingly affordable destination, we are also nationally renowned and recognized. Cincinnati generates national buzz and interest through several avenues, including: sports, museums and attractions, and educational institutions. Cincinnati was home to the first professional baseball team, the Cincinnati Reds; the city also features NFL action with the Cincinnati Bengals and other sports, such as hockey, tennis, volleyball, and more. Don t forget about our college sports, too. We have some of the top college talent in the nation at Xavier University and University of Cincinnati not to mention, University of Kentucky, Miami University and University of Louisville are a relatively short drive away. Cincinnati USA is one of only a dozen cities that has all five major arts disciplines represented (ballet, opera, art museum, symphony, theatre), home to the fifth oldest symphony orchestra and a two-time Tony Award-winning Playhouse in the Park. 319 Bars (within 15 miles) 105 Public Golf Courses (within 30 miles)
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