JobsOhio names new board chairman
By DBJ Staff
JobsOhio, the state’s private economic development corporation, has a new board leader.
Robert Smith, partner and Cleveland market leader for Cerity Partners LLC, has been named chairman of the organization's board. Cerity Partners is a financial services firm.
“I am excited to welcome Robert C. Smith as the new Chairman of the JobsOhio Board of Directors," said J.P. Nauseef, president and chief investment officer for JobsOhio." He is a great addition to the Board, and I look forward to working in partnership with him to drive job creation, capital investment, economic resilience and an improved business brand in JobsOhio.”
JobsOhio recently released its 2018 results, which shows last year set records for new jobs commitments, payroll and capital investment. In collaboration with local, regional and state partners, JobsOhio worked on 266 projects with companies that committed to create a record 27,071 jobs — an increase of 19 percent over the previous year — and a record $1.3 billion in new payroll, an increase of 23 percent year-over-year.
The 2018 results also include record capital investment of just over $9.6 billion. The logistics and distribution, advanced manufacturing and healthcare industries brought in the largest number of jobs.
The energy and chemicals industry, fueled by the abundance of natural gas from the Utica and Marcellus shale formations, saw the most capital investment, followed by the advanced manufacturing and automotive industries. Of the 266 projects, 73 percent involved small- and middle-market enterprises.
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