Ohio’s instruments, controls and electronics industry is a technology-intensive field consisting of companies that offer goods and services related to the research, development and application of instrumentation, controls and electronics. The scope of the industry reaches from advanced sensor technology and flexible electronics to distributed control systems and advanced motion control.
The state has attracted companies and talent from around the world in the development and manufacturing of high-tech, advanced technology, preparing the state to become a global hub for the instrument, controls and electronics industry.
Ohio's leadership in instruments, controls and electronics spans the high-tech industry. For example, Parma, Ohio-based GrafTech International has developed a high-tech microns-thin material to dissipate heat in smart phones. YSI, Inc., an international company based in Yellow Springs, Ohio with revenues of about $100 million, has created sensors that can measure oxygen and particles leading to algae blooms.
Innovative programs support Ohio's high-tech industry, such as the Ohio Third Frontier. The program promotes economic growth by expanding the availability of investment capital needed to form new companies, supporting product innovation in established companies, facilitating commercialization of new products, funding collaborative projects between private companies and Ohio colleges and universities and nurturing Ohio's increasingly experienced pool of entrepreneurial management.
The state’s talented workforce and strengths in manufacturing make the state the ideal global hub for the instruments, controls and electronics industry. In addition, Ohio's offers low-cost, low stress communities in a combination of micropolitan and metropolitan cities. This diversity provides executives the resources and time to make any ambition achievable. Ohio truly is the State of Perfect Balance.
Ohio has attracted companies and talent from around the world in the development and manufacturing of high-tech, advanced technology, preparing the state to become a high-tech corridor for the instrument, controls and electronics industry.
Ohio’s instruments, controls and electronics industry is a technology-intensive field consisting of companies that offer goods and services related to the research, development, and application of instrumentation, controls and electronics. The scope of the industry reaches to advanced sensor technology, distributed control systems, and advanced motion control.
The state's high-tech industry is boasted through support of innovative programs such as Ohio Third Frontier, which promotes economic growth by expanding the availability of investment capital needed to form new companies, supporting product innovation in established companies, facilitating commercialization of new products, funding collaborative projects between private companies and Ohio colleges and universities and nurturing Ohio's increasingly experienced pool of entrepreneurial management. Ohio's technology workforce pipeline is annually replenished with over 80,000 graduates from the state's institutions of higher education, including the University System of Ohio's 14 main campuses, including The Ohio State University.
Ohio's supply chain, workforce, innovative incentives, market access, low business and personal taxes, and work-life balance present a strong value proposition for high-tech companies analyzing potential investment locations. Find out more.
Dr. Mark Laskovics, president and chief operating officer of Girindus America Inc., knows it takes the right combination of people, education and environment to build a successful bioscience business.
That's why Ohio is the perfect location for Girindus, a technology-driven company creating solutions for the pharmaceutical and cosmetic industries.
Ohio's extensive university system delivers to Dr. Laskovics the high-tech talent he needs. He knows that Ohio's reasonable cost of living and easy lifestyle keep career-minded scientists and specialists here in the state. Once they land here, highly skilled workers embrace a work-life balance found nowhere else.
And Ohio's supportive business climate has been instrumental in the company's growth. A $1.2 million Ohio Third Frontier grant enabled Girindus to build a production facility for a unique class of compounds.Tax abatements and grant possibilities through local government helped lay the foundation for the company's success.
Dr. Laskovics relishes the relaxed pace and focus on family in Ohio. He is free to enjoy a range of leisure activities, from biking along the network of trails in southwest Ohio to attending major league sporting events.
After living all over the world, Dr. Laskovics has constructed his dream team in Ohio's business-friendly environment, capitalizing on the state's many assets. Watch this video as he discusses Ohio's bioscience strengths and how he and his employees have found the perfect work-life balance.
Ohio’s instruments, controls and electronics industry is a technology-intensive field consisting of companies that offer goods and services related to the research, development and application of instrumentation, controls and electronics. The scope of the industry reaches from advanced sensor technology and flexible electronics to distributed control systems and advanced motion control.
The state has attracted companies and talent from around the world in the development and manufacturing of high-tech, advanced technology, preparing the state to become a global hub for the instrument, controls and electronics industry.
Ohio's leadership in instruments, controls and electronics spans the high-tech industry. For example, Parma, Ohio-based GrafTech International has developed a high-tech microns-thin material to dissipate heat in smart phones. YSI, Inc., an international company based in Yellow Springs, Ohio with revenues of about $100 million, has created sensors that can measure oxygen and particles leading to algae blooms.
Innovative programs support Ohio's high-tech industry, such as the Ohio Third Frontier. The program promotes economic growth by expanding the availability of investment capital needed to form new companies, supporting product innovation in established companies, facilitating commercialization of new products, funding collaborative projects between private companies and Ohio colleges and universities and nurturing Ohio's increasingly experienced pool of entrepreneurial management.
The state’s talented workforce and strengths in manufacturing make the state the ideal global hub for the instruments, controls and electronics industry. In addition, Ohio's offers low-cost, low stress communities in a combination of micropolitan and metropolitan cities. This diversity provides executives the resources and time to make any ambition achievable. Ohio truly is the State of Perfect Balance.
Bioscience companies require an ideal environment that combines a business-friendly climate, industry expertise and collaboration, a well-educated workforce, dedicated universities and research institutions, and a strong supply chain to get products to market.
Ohio's bioscience industry expertise and collaboration, along with an established bioscience supply chain spanning research and development to commercialization, creates the ideal location in the U.S. to establish, grow or expand a bioscience business. According to the latest industry growth report from BioOhio, Ohio is home to 1,345 bioscience entities in operation throughout the state from Fortune 500 public companies to incubating start-ups. This concentration of bioscience companies is proof of Ohio's commitment to establishing an international leadership role in the bioscience industry to help companies find innovative and cost-effective solutions to scientific challenges.
From 2004 to 2010, Ohio attracted 413 new or relocated companies focused on bioscience and bioproducts - an average of 59 each year. Recent examples include Mammotome, Cleveland HeartLab, Accord Biomaterials, and Nanofiber Solutions. In addition, more than 1,000 other organizations provide supplies and services, creating a rich bioscience supply chain and service system that sustains growth of both new and established businesses.
Bioscience companies located in Ohio benefit from the state's central location supported by a world-class logistics infrastructure to get components and finished goods quickly to their destination anywhere in the U.S. or around the globe. Ohio is within 600 miles of 60 percent of the U.S. and Canadian population and is within a one-day drive of 70 percent of North America's manufacturing capacity.
Abundant access to capital through private sources and state programs, such as Ohio Third Frontier, has fueled the growth of Ohio's bioscience industry. Overall, more than $2.4 billion was invested in 2010 across Ohio to accelerate bioscience growth.
The state of Ohio's higher education system is committed to meeting the workforce and talent development needs of the bioscience industry with 103 Ohio institutions awarding a bioscience-related degree or certificate. Ohio's bioscience industry has seen a 19.5 percent employment increase in the last decade and directly employs more than 62,500 workers. In addition, BioOhio and its partners received a $5,000,000 grant from the U.S. Department of Labor in March 2010 to implement a jobs training program to help meet the needs of Ohio's growing bioscience industry. Ohio's robust clinical network and prominent medical reputation make it an ideal testing environment for biomedical innovations. Ohio hosts nearly 17 percent of all clinical trials conducted in the nation.
Learn more about Ohio's Ideal environment to bring innovative and cost-effective solutions for biosciences.
