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.

Ohio's aerospace jobs rank 1st among the 12 comparable states in private sector aerospace and defense manufacturing value-added, nearly double the national average. More than 66,000 specialized aerospace and aviation workers-double the national average-provide Ohio with an abundant pool of professionals to effectively meet industry needs.

Aerospace companies located in Ohio also benefit from Ohio's central location supported by a world-class logistics infrastructure, easy access to markets and supply chains, a highly skilled workforce, and public-private sector leadership.

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. The state's central location and world-class logistics capabilities help companies reduce operating costs by getting components and finished goods quickly to their destination anywhere in the U.S. or around the globe.

Watch this "Ohio Means Business" segment as Keely Croxton, assistant professor of logistics at The Ohio State University, explains the importance of logistics and supply chain management in Ohio's aerospace industry. "Ohio Means Business" is a production sponsored by the Ohio News Network (ONN), The Ohio State University, and Fisher College of Business.

Today, Resource Interactive conducts business around the world on a daily basis from its offices in Columbus' energetic downtown Arena district, undeniable proof that the business world truly is flat. And that Ohio is the perfect location for those who wish to have successful companies and careers without sacrificing the quality of their personal lives.

A dedicated mother of three, Nancy can't imagine anyplace else where she could achieve what she has professionally and still have the time and opportunity to participate fully in the lives of her children...scheduling her work around school board meetings, high school soccer games and a variety of family activities that maximize their time together. It's important to Nancy that her employees are able to enjoy that same freedom. In Ohio, they can.

In the State of Perfect Balance, anything is possible.

“Ohio has phased in tax reforms over the last five years to become one of the most tax friendly states, despite a national recession that caused several other states to raise taxes,” says Tom Zaino, Columbus Managing Attorney for McDonald Hopkins LLC. In fact, Ohio ranks third in the nation for friendliest tax environment according to a recent Ernst & Young analysis.

With an 80-year track record of counseling clients through the most difficult times, McDonald Hopkins is a business advisory and advocacy law firm with offices in six strategic locations: Cleveland, Columbus, Chicago, Detroit, Miami and West Palm Beach.

The firm’s 130 legal minds are focused on one primary strategy: to help clients achieve their missions. Currently, Zaino represents many multistate and multinational companies and their owners and executives, before various state departments of revenue across the country, as well as before the Ohio Department of Taxation.

Before joining McDonald Hopkins, Zaino served as Ohio’s Tax Commissioner under Governor Bob Taft from 1999 to 2003.

Thanks to those years of expertise in local and state taxes, Zaino and his firm played a crucial role in Ohio’s recent tax reform efforts. Serving as legal counsel for various major corporations, Zaino’s team assisted with structuring and implementing remarkable recent tax reforms. Some of those reforms included:

• Eliminating tax on inventory or corporate income
• Eliminating tax on investments in machinery and equipment
• Taxing all companies at the same low rate
• Eliminating tax on product sold to customers outside Ohio
• Allowing companies to keep the first $1 million in gross receipts tax-free

“We have seen first-hand how our clients have benefited from these tax changes, encouraging these businesses to expand existing facilities or locate new facilities in Ohio,” says Zaino. Zaino believes addressing these challenges, along with the robust workforce and low cost of living, continues to make Ohio and companies such as McDonald Hopkins even more competitive. Find out more about building a profitable business in Ohio.

Today, Jaime continues to strengthen Ohio’s growth nationally and internationally as the president of Value Recovery Group. "We can compete internationally because life in Ohio attracts very talented people – and keeps them here.” In addition to a talented workforce, Jaime attributes Ohio’s success in the global marketplace to partnerships with companies like AEP Ohio that share his business’s stake in the state’s economic vitality. The preferred energy partner provides affordable and reliable electricity, helping thousands of local businesses, like Jaime’s, prosper and compete.

At the heart of Jaime’s globetrotting public and private service is his enthusiasm for building upon all that Ohio has provided his family. “I live within a few minutes of where I work, shop and play, and my family surrounds me, because they’ve found the right opportunities to keep them happy and successful here.”

Although golf and hiking are high on Jaime’s list of favorite things to do, his time with family wins the top spot. In particular, Jaime and his wife like to cook. “One of the great things about living in Ohio is that I can leave work, stop off at one of my favorite markets for fresh local produce and be home cooking with my wife in less than an hour. What other metropolis can you do that in? To me, that’s the meaning of the State of Perfect Balance.”

Watch this video as Jaime shares about Ohio's success in the global marketplace and how he found the perfect balance between work and life.