Kenny McDonaldChief Economic Officer Columbus 2020
The Columbus Region
The Columbus Region is located in the center of Ohio, and within a one-day drive or one-hour flight of nearly half the population and manufacturing capacity of the U.S. and Canada. The transportation networks provided by Port Columbus International Airport, Rickenbacker International Airport and multiple rail terminals fuel these opportunities and grow with the area’s ever-changing demands.
The Columbus Region is also home to a capable, educated workforce growing at a rate substantially above the national average.
Fifteen Fortune 1000 companies – including six Fortune 500 companies – have established headquarters in the Region due to its commitment to improvement and future growth.
The Columbus Region’s logistics industry has been launched into the spotlight and is one of the area’s fastest growing sectors.
- Columbus is ranked the No. 1 Most Favorable Business Location with Accessibility to the American Market by Three Scale Research.
- Road: Crossed by eight major interstate highways with easy southbound access through the Mid-Atlantic States to the Southeast. East-west corridors traverse the country from coast to coast. Interstate access provides major benefits to in-state commerce with easy travel possible to and from any market in the state.
- Rail: Two mainline railroads and a network of short lines across the Region.
- Air: Rickenbacker International Airport with 12,000-ft. runways, Port Columbus International Airport with more than 140 daily departures.
- Intermodal: Combined intermodal facilities to handle 800,000 container lifts annually.
- Port: Access to the Port of Virginia through the Heartland Corridor, expanded to accommodate double-stacked freight trains.
- Foreign Trade Zone #138: Six pre-designated Magnet Sites and ability to provide FTZ designation to any site in 25-county Central Ohio service area
Leadership and R&D
- Home to top ranked Ohio State University, Battelle Memorial Institute and Chemical Abstracts Service – two of the world’s leading private-research institutions.
- Superior research capabilities and a strong corporate foundation have allowed the Columbus Region to become one of the fastest growing innovation and technology hubs.
- Industry leaders formed the Columbus Region Logistics Council (CRLC) to serve as the catalyst for the growth of the Region’s logistics capability. The CRLC is dedicated to fostering a logistics-friendly business environment, developing and enhancing an advanced logistics infrastructure, infusing world-class logistics technology into regional industry and building a highly skilled workforce.
- Thriving region with more than 3,200 logistics businesses and access to more than 2 million people.
- More than 100,000 skilled and motivated workers in logistics occupations, with educational programs at all levels.
- Fifty-four colleges and universities, including The Ohio State University’s Fisher College of Business, ranked No. 7 among supply chain/logistics programs nationwide.
- Business-friendly tax policy and state commitment to the industry.
- Ernst & Young and KPMG rank Ohio No. 3 in tax competitiveness.
- No inventory or personal property tax.
- Among the lowest average asking rent for distribution and warehousing among major American cities.
Contacts and Services
The Columbus Region is guided by Columbus 2020, a private, non-profit regional economic development organization that works in collaboration with state and local partners.
Columbus 2020 offers a comprehensive suite of services to companies and consultants evaluating the market area:
- Confidential and custom site location assistance
- Labor market analysis and demographics
- Tailored market research
- Detailed, comprehensive site/building information
- Facilitate state and local incentive programming
- Personal community and site tours
- Introductions to professional services providers
- Meetings with community and business leaders