GREATER CINCINNATI: The Connections to Your Success

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Frank Fisher
5 years ago
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1 GREATER CINCINNATI: The Connections to Your Success

2 IF YOU RE LOOKING for the best place to start, locate or grow your business, the Greater Cincinnati region is it. 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 our region. Businesses also fuel their growth by tapping into the tremendous buying power of major corporations and a large and talented workforce. Our entrepreneurial ecosystem is thriving, with nationally-ranked incubators and accelerators helping entrepreneurs turn their ideas into realities while our central location offers companies of all sizes exceptional access to customers and suppliers across the globe. These are a few of the reasons the Greater Cincinnati region is a leading metro for new and expanded facilities. It s also why our region is the headquarters of nine Fortune 500 and four Fortune 1000 companies and serves as a base of operations for 400+ other Fortune 500 companies, 450 foreign-owned firms and a thriving community of entrepreneurs. IN GOOD COMPANY: FORTUNE 500 HEADQUARTERS AK Steel American Financial Group Ashland Fifth Third Bancorp General Cable The Kroger Co. Macy s, Inc. Omnicare, Inc. INDIANA GREATER CINCINNATI KENTUCKY OHIO 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. P&G

CENTRAL ACCESS TO CUSTOMERS, SUPPLIERS AND PURCHASING POWER: 25 of the top U.S. metros AND 41 percent of the nation s purchasing power are within a 90-minute flight or one-day drive and 52 percent of the nation s manufacturing establishments are within 600 miles.

3 CENTRAL ACCESS TO CUSTOMERS, SUPPLIERS AND PURCHASING POWER: 25 of the top U.S. metros AND 41 percent of the nation s purchasing power are within a 90-minute flight or one-day drive and 52 percent of the nation s manufacturing establishments are within 600 miles. A MAJOR HEADQUARTERS REGION: Headquarters of nine Fortune 500 and four Fortune 1000 companies and the operations of 400+ additional Fortune companies. 24TH LARGEST U.S. METRO: 120,000 businesses and 2.1+ million residents Top 10 in the Nation for new and expanded business facilities Site Selection magazine, 2013 A LEADING STARTUP HUB: World-class incubators, accelerators and funding sources are why the Greater Cincinnati region is one of the top places in the nation where startups are thriving. CNN Money, 2012 A RAPIDLY EMERGING IT AND INNOVATION METRO: 18 Centers of IT Excellence and Innovation, plus higher tech job growth and metro STEM rankings than Silicon Valley, Boston and New York. newsgeography.com, 2013

A REGION OF GLOBAL INDUSTRY LEADERS, TALENT & OPPORTUNITIES LAND YOUR NEXT BIG CLIENT IN THE GREATER CINCINNATI REGION As the corporate and North American headquarters of so

ADVANCED MANUFACTURING 3,000+ companies and 140,000 workers within 50 miles of Cincinnati s city center (including one of the highest concentrations of aerospace talent in the

capital of the world Headquarters of P&G, the world s leading consumer products company; Macy s, Inc., one of the nation s premier department stores; and The Kroger Co.

4 A REGION OF GLOBAL INDUSTRY LEADERS, TALENT & OPPORTUNITIES LAND YOUR NEXT BIG CLIENT IN THE GREATER CINCINNATI REGION As the corporate and North American headquarters of so many global industry leaders, you won t have to look far for opportunities to land new business or to find partners to collaborate on innovations. ADVANCED MANUFACTURING 3,000+ 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 lnc. Headquarters of GE Aviation, the world s leading manufacturer of jet engines CONSUMER PRODUCTS & BRAND DEVELOPMENT 200+ consumer products companies, 700+ agencies creative services vendors and 60,000 industry professionals the highest concentration of branding talent per capita are why the Greater Cincinnati region is BrandHUB, the consumer brand capital of the world Headquarters of P&G, the world s leading consumer products company; Macy s, Inc., one of the nation s premier department stores; and The Kroger Co., one of the world s largest grocery chains Home of eight of the nation s leading big data firms FINANCE & INSURANCE 3,500 companies and 62,000 industry workers Headquarters of Fortune 500 Fifth Third Bancorp and American Financial Group, and Fortune 1000 Vantiv, Inc. Major operations of PNC Bank, U.S. Bank, Citi, and Fidelity Investments

GET THE BRIGHTEST TALENT AT A BETTER COST With a diverse workforce of 1.

You can also strengthen your workforce each year when nearly 200,000 bright minds graduate from 300+ colleges and universities within a

, Graeters, and Sunny Delight Beverages Co. Major operations of Givaudan Flavors Corporation, WILD Flavors, Frutarom, and MANE, Inc.

500 Omnicare and Johnson & Johnson s Ethicon Headquarters of the world-renowned Cincinnati Children s Hospital Medical Center INFORMATION

5 GET THE BRIGHTEST TALENT AT A BETTER COST With a diverse workforce of 1.1 million, you ll find the talent you need and at competitive wages that match the low cost of living. You can also strengthen your workforce each year when nearly 200,000 bright minds graduate from 300+ colleges and universities within a 200-mile radius of our region and through the workforce development programs that are offered by our colleges, universities and organizations. FOOD PROCESSING & AGRICULTURE 300+ companies and 30,000 industry workers Headquarters of John Morrell Food Group, AdvancePierre Foods, Inc., Graeters, and Sunny Delight Beverages Co. Major operations of Givaudan Flavors Corporation, WILD Flavors, Frutarom, and MANE, Inc. (four of the top ten international flavoring companies) BIOHEALTH 300+ companies and 105,000 industry professionals Headquarters of Fortune 500 Omnicare and Johnson & Johnson s Ethicon Headquarters of the world-renowned Cincinnati Children s Hospital Medical Center INFORMATION TECHNOLOGY 2,000+ companies and 30,000 IT professionals Headquarters of Cincom Systems, Inc., Cincinnati Bell Technology Solutions and Convergys North American headquarters of Itelligence and Tata Consultancy ADVANCED ENERGY 300+ companies and 10,000 industry workers Headquarters of Cincinnati Bell Energy and Duke Energy Home of one of the Environmental Protection Agency s two major research centers

A TOP-RANKED BUSINESS CLIMATE AND LOW OPERATING COSTS It will cost less to run your business in our

In addition, our top-ranked business climate including the lowest business and capital investment

#2 LOWEST BUSINESS OPERATING COSTS The second lowest of all U.S. metropolitan areas with populations of two million or more.

sale, new machinery and equipment, profit, and franchise taxes in Ohio #3 Best city for young

com, 2013 #6 Region leading the American manufacturing revival Forbes, 2012 #9 in economic growth

6 A TOP-RANKED BUSINESS CLIMATE AND LOW OPERATING COSTS It will cost less to run your business in our region than in the majority of other large metropolitan areas in the nation. In addition, our top-ranked business climate including the lowest business and capital investment rates in the Midwest will help provide steady, solid results for your company. #2 LOWEST BUSINESS OPERATING COSTS The second lowest of all U.S. metropolitan areas with populations of two million or more. KPMG Competitive Alternatives Study, % Taxes on corporate income, inventory, out-of-state sale, new machinery and equipment, profit, and franchise taxes in Ohio #3 Best city for young entrepreneurs Under30CEO.com, 2013 #6 Region leading the American manufacturing revival Forbes, 2012 #9 in economic growth potential Business Facilities 2012 Metro Ranking Report #10 City that s on the brink of becoming the next Silicon Valley Bright.com, 2013 #11 In the nation for attracting biotech venture capital Fierce Biotech, 2014

A GREAT PLACE FOR ANY LIFESTYLE LOVE YOUR LIFE The Greater Cincinnati region is not only one of the best

You and your employees will love our high quality of life, great amenities and cost of living that s 10

In fact, these advantages will help your company retain employees and are major selling points to

MORE FOR YOUR MONEY HAVE FUN HERE Two major national sports teams, all five arts disciplines,

7 A GREAT PLACE FOR ANY LIFESTYLE LOVE YOUR LIFE The Greater Cincinnati region is not only one of the best places for your company to do business; it s also one of the best places to live. You and your employees will love our high quality of life, great amenities and cost of living that s 10 percent less than the national average. In fact, these advantages will help your company retain employees and are major selling points to successfully recruit new talent from other areas of the country. MORE FOR YOUR MONEY HAVE FUN HERE Two major national sports teams, all five arts disciplines, worldrenowned theatres, and America s largest Oktoberfest, second only to Germany s, make the Greater Cincinnati region a fun place to live. HIGH QUALITY OF LIFE # 7 Highest Quality of Life in the Nation Business Facilities magazine, 2012 Name-brand employers offering nice salaries, combined with reasonable home prices make Cincinnati one of the most affordable places in the country. CNN Money, 2012 The 5th Most Affordable, Livable City in the U.S. money.msn.com, 2013 A GREAT PLACE FOR ANY LIEESTYLE A Top 10 City for Young Adults Kiplinger, 2012 #4 Best City for Working Moms Forbes, 2013 #9 Best City to Raise a Family Forbes, 2013 #1 Best Place to Retire livability.com, 2013

8 ACCESSIBLE Easy access to 2.1+ million people in the area, 25 of the largest metro regions, over 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 any one of the 14 colleges, universities and professional schools for tomorrow s talented leaders. LIFE Take advantage of the safe, affordable lively environment where the cost of living is 10% less than the national average. GLOBAL Benefit from the 450 foreign-owned firms that operate here and the headquarters of 9 Fortune 500 companies more per capita than Los Angeles, New York or Chicago. Let the Regional Economic Development Initiative (REDI) Cincinnati connect your company to all of the advantages the Greater Cincinnati region offers. To learn more, please contact REDI Cincinnati at or visit our website at REDICincinnati.com. 300 Carew Tower 441 Vine Street Cincinnati, OH (513) Info@REDICincinnati.com REDICincinnati.com GrowCincyUSA REDICincinnati REDI Cincinnati x ps

GREATER CINCINNATI: A MANUFACTURING POWERHOUSE

GREATER CINCINNATI: A MANUFACTURING POWERHOUSE GREATER CINCINNATI HAS a vibrant business culture to support manufacturing companies that need to discover new ways to market products, send those products