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International Business in the Columbus Region


At the center of Ohio—a state consistently ranked as one of the best in the U.S. for doing business—is the Columbus Region, a thriving metropolitan area of nearly 2 million people. The Region is expanding at an unprecedented rate and boasts some of the best international business development resources available across sectors that include manufacturing, logistics, science and technology, and business services.


450

foreign-owned firms

employ nearly

60,000



Location


The Columbus Region is in the U.S.'s Midwest region, with efficient access to seaports and Central Mexico by rail and access to Asia, Europe and South America by air.


The Columbus Region offers the greatest access to the U.S. market of any major domestic metro (Three Scale Research, June 2013).


The Columbus Region is within a 10-hour drive of:

  • 47 percent of the U.S. population

  • 47 percent of the U.S. manufacturing capacity

  • 48 percent of the U.S. headquarters operations

  • 33 percent of the Canadian population
International Business Expansion Columbus

Notable International Business Employers


NOTABLE INTERNATIONALLY-OWNED EMPLOYERS

COMPANY

SECTOR

HEADQUARTERS

EMPLOYMENT

Honda of America Mfg., Inc.

Manufacturing

Japan

10,701

DHL Supply Chain

Logistics

Germany

2,190

Teleperformance

Business Services

France

1,730

Safelite Group, Inc.

Business Services

Belgium

1,600

TS Tech Co., Ltd.

Manufacturing

Japan

1,536

West-Ward Pharmaceuticals

Manufacturing

Germany

1,370

Stanley Electric U.S. Co. Inc.

Manufacturing

Japan

1,270

Midwest Express Group

Logistics

Japan

1,183

CareWorks MCO

Business Services

Canada

1,083

Mettler-Toledo International Inc.

Manufacturing; Science and Technology

Switzerland

800

Source: Columbus 2020

 

Population and Workforce


The Columbus Region is the fastest growing metro in the United States, with a 1.2 percent annual growth rate. Additionally, its population is younger than the U.S. average, with a median age of 35.6, and more educated, with 40.5 percent of the population age 25 and over holding an associate degree and 33.3 percent holding a bachelor's degree or higher.

The 61 college and university campuses in the Columbus Region enroll more than 136,000 students, giving the Region one of the highest concentrations of college students in the U.S. From GED to PhD, the Region is constantly preparing a highly skilled workforce.

The Ohio State University

  • One of the largest universities in the U.S. with enrollment over 58,000 including more than 6,000 international students
  • 200 undergraduate majors and more than 250 master's, doctoral and professional degree programs


Columbus State Community College

  • One of the largest community colleges in the U.S. with enrollment over 25,000
  • Associate degrees in automotive technology, aviation maintenance, business management, civil engineering, information technology, electro-mechanical engineering and numerous other business and engineering fields


Robotics & Advanced Manufacturing Technology Education Collaborative (RAMTEC)

  • Provides advanced manufacturing skills, training and industrial robotics applications
  • Partners directly with businesses, such as Honda and Whirlpool, providing training and apprenticeship programs


Grants and Training Programs
Dozens of workforce development grants and programs as also available in the Columbus Region, and Columbus is ranked No. 1 in the nation for training and networking programs (Thumbtack, July 2014).
 

Columbus Region Market Access and Export Capabilities


Companies in the Columbus Region can efficiently reach clients and customers throughout North America and the world thanks to a strong multi-modal logistics infrastructure that includes:

  • Rickenbacker Inland Port, a dynamic international logistics center home to a tremendous base of air, rail and road transport companies
  • Heartland Corridor, a rail route that connects the Columbus Region directly to the Port of Virginia
  • Additional rail routes to major markets such as Seattle, Los Angeles, New York, Charleston and Central Mexico
  • Multiple freighter flights a week between Columbus and Hong Kong via Cathay Pacific Airways and Cargolux and between Columbus and Dubai via Emirates SkyCargo
  • Foreign Trade Zone #138, the 10th most active in the United States

A number of export resources from counseling to financing also exist for Columbus Region companies interested in international business expansion.


Cost of Doing Business


A competitive real estate market, low unionization rate and pro-business tax structure continue to attract foreign-owned companies seeking international business opportunities in the Columbus Region.

Real Estate and Utilities
Whether industrial, Class A office, or warehousing space, the Columbus Region is extremely competitive. Click here for a comparative breakdown by type of space.

The Region also offers competitive rates on its utilities, including electricity, water and telecommunications. Click here for more.

Tax Structure
Both EY and KPMG rank Ohio as one of the top five tax climates in the U.S. The state also offers the lowest effective tax rate for new distribution centers, and the third lowest effective tax rate for new manufacturing operations.

STATE TAX STRUCTURE
Corporate Income / Franchise Tax TAX ELIMINATED
Commercial Activity Tax Tax rate of 0.26 percent on income in excess of $1 million
Sales and Use Tax Top tax rate of 5.75 percent
Personal Property Tax TAX ELIMINATED
Real Property Tax Median state tax rate of $1.80 per $100 of market share
Personal Income Tax Top tax rate of 5.333 percent on income over $200,000
Source: Ohio Department of Taxation


Wages and Unionization Rate
The Columbus Region's 3.1 percent unionization rate is paired with competitive wages across all sectors and industries, while employees still enjoy a high quality of life due a cost of living that Forbes ranks the fourth best in the U.S.

Click here to view a full comparative breakdown of average hourly wages by sector.

WORKFORCE COSTS FOR PRODUCTION-RELATED OCCUPATIONS

METRO

NO. WORKERS

AVG. HOURLY WAGE

UNIONIZATION RATE

Atlanta

87,024

$15.45

3.1%

Greenville

34,313

$16.10

1.3%

Indianapolis

47,548

$16.59

4.9%

Columbus

39,797

$16.71

3.1%

Greensboro

22,323

$16.92

0.8%

Chicago

196,763

$17.05

9.6%

Nashville

46,028

$17.17

2.0%

Charlotte

46,272

$17.40

2.1%
Louisville 41,366 $17.75 10.4%
Birmingham 17,035 $18.22 11.2%
Detroit 125,747 $19.45 10.3%
Charleston 10,421 $20.50 0.3%

Source: EMSI Analyst, 2015; Unionstats, 2014


Connect With Us

Deborah
Scherer
Managing Director, Global Trade and Investment
614-225-6096
Matt
McCollister
Senior Vice President, Economic Development
614-225-6953
Archit
Dhir
Project Manager, Global Trade and Investment
614-225-6083

Recent News


View all international business news

Columbus Global Connect

Columbus Global Connect
Columbus Global Connect is a trade and investment plan to help assure that the Columbus Region has a central place in the world economy, with strong links to both established and emerging markets.

Recent Announcements

List of foreign-owned companies expanding in Columbus Region

Watch

The Columbus Region is home to both internationally-owned companies, and companies that can be found around the world.


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コロンバス経済開発区の日本語ウェブサイトはこちらをクリック

Living Here

Learn more here about living in the Columbus Region, from where to eat and shop, to cost of living and housing options, to education and healthcare institutions.







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