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Your Ohio Business- From the Old Economy to the New
Ohio, a state of 11 million people is right in the middle of what is left of the “rust belt.” It is still a major producer of machinery, rubber products and other goods. Procter & Gamble and other companies also manufacture consumer goods here.
It is certainly a good place to start a business, especially if your Ohio Incorporation involves production or manufacturing. Agriculture is also large, with production of corn and other farm products. Tourism plays a part in Ohio as well, with three major amusement parks, including Cedar Point, and many lakes and rivers for fishing and water sports.
Cincinnati is by a small margin, the largest metropolitan area in Ohio, and including parts of Indiana, and Kentucky. Its metropolitan area has a population of about 2.1 million people. In neighboring Middleton is the headquarters of AK Steel. Not only have steel plants been downsized, they are often takeover targets in the deregulated economy. AK Steel is an attractive takeover target in an industry in which global giants keep gobbling up independent steelmakers. A new agreement at AK's biggest mill, the Middletown Works, goes through September 2011 for job contracts. AK Steel makes flat-rolled carbon steel and stainless and electrical steel used in cars and appliances. The company's biggest mill and headquarters are in Middletown, with smaller plants in Zanesville, Mansfield and Coshocton. Cincinnati is home to major corporations such as Chiquita Brands International, Great American Insurance Company, The E. W. Scripps Company, and the United States Playing Card Company.
Cleveland is a large metropolitan area in northern Ohio, located on the Cuyahoga River and Lake Erie, with a metropolitan area population of 2.1 million. Cleveland is known for its healthcare at the Cleveland Clinic, which has been ranked among America’s best hospitals. Other renowned hospitals in the area are the University Hospitals of Cleveland and the MetroHealth medical center. Cleveland is an emerging area for biotechnology and fuel cell research, led by Case Western Reserve University, the Cleveland Clinic, and University Hospitals of Cleveland. Cleveland has struggled to adapt to the hi-tech and internet economy. It has a tech czar who works to recruit tech companies to the downtown, and making sure there are high-speed fiber networks to all the major offices. The OneCommunity Network is collaborating with Cisco Systems in testing new internet and intranet networks.
The third biggest metropolitan area in Ohio is Columbus, the state capital, which is located in the middle of the state. Its 1.7 million metropolitan area inhabitants include about 100,000 college students. Colleges in the area include Ohio State University, Franklin University and Columbus State Community College. There is a large insurance industry in town. Banc One was bought up by Morgan Chase Bank, and now Morgan Chase has a significant operation in town. There is significant heavy industry in the area, such as Worthington Industries, which is a large steel producing company. As far as tourist attractions go, there is the Ohio Craft Museum in Columbus, with hundreds of clay, fiber, metal and glass creations on display. The museum has an interesting display of new works by current artists, such as a deer sculpture made of junk metal, and old traditional works going back hundreds of years.
