Your business will be able to thrive in the County not just because of a skilled workforce and high quality of life, but because there is a strong network of existing businesses who actively partner together, benchmark and advocate for each other’s continued success and growth. In addition, the state of Ohio’s historic resource-rich workforce and logistics assets with new tax reform and strong incentive packages moves the state to the front of the line when lined up against national rivals.

The Ohio economy is built upon a legacy of strength in manufacturing and innovative thinking. The Ottawa County region is home to companies representing such diverse fields as advanced materials, polymers and advanced manufacturing. The surrounding nine county region of Northwest Ohio sits on Lake Erie and boasts key strengths in transportation and logistics, providing a transportation hub for land, rail, sea and air. All advantages that help Northwest Ohio continue to build in critically important areas that will strengthen the global economy.

Business Friendly Tax Climate

Ohio has the lowest taxes in the Midwest, making Ottawa County an extremely profit-friendly business climate for companies that locate here. If you’re one of those companies considering a capital investment in Ohio, here are other ways our tax laws improve your bottom line:

  • Ohio ranks fifth in the nation for cost of doing business
  • No tax on investments in machinery and equipment
  • No tax on product sold to customers outside Ohio
  • No tax on inventory or corporate income
  • First $1 million in gross receipts are tax-free
  • Flat tax on sales between $150,000 – $1 million
  • Recent tax reform reduced tax burden by up to 63%

Utility/Energy Rates

Northwest Ohio offers some of the lowest industrial electric rates in the Midwest.

  • Industrial electric rates at the location average 4.73 cents per kilowatt hour
  • Energy SIDs available for energy efficiency-related projects
  • Rates in our region are 20 percent below the state average, 25 percent lower than average prices in Indiana, and more than 40 percent lower than average prices in Michigan

Invest in Ottawa County and enjoy these key benefits:

  • Easy access to profitable markets in the U.S. and Canada that lowers your cost of doing business.
  • A strong supply chain across key industries improves your efficiencies and profits.
  • An abundant, skilled labor supply improves productivity, quality and profit.
  • Public-private support eliminates obstacles, lowers cost, accelerates start-up and feeds business growth.
  • Ohio’s perfect balance between professional and personal life attracts and retains the best talent for your company.