BUSINESS CLIMATE
Ohio is the place to be for business growth and development. Northwest Ohio has excelled at bringing in new and expanding businesses. Here in Ottawa County, we, just like our state and regional partners, believe in a business-friendly tax structure that incentivizes growth and keeping the cost of living and commercial space at one of the lowest rates in the country. Whether you are starting out as a new business or are an established employer looking to expand, Ohio’s business expansion incentives, tax credits, labor force, and stable economy make it the right choice for business leaders.
KNOW THE FACTS
0%
Ohio has a 0% state tax on corporate income, R&D investments, and goods & products sold out of state. (source: Ohio Department of Taxation)
134%
Ohio’s venture capital growth was 134% between 2017 and 2019, nearly 3x the regional average (47%) and in the nation (57%). (source: JobsOhio)
60%
Thanks to Ohio’s centralized location, 60% of the U.S. and Canadian population lives within a day’s drive of the state. (source: Ohio Department of Transportation)
#1
in new data center and distribution center corporate tax costs.
#3
in new capital-intensive manufacturer.
#5
in new labor-intensive manufacturer corporate tax costs.
THE MAGIC WORD
No state corporate income or profits tax.
No tax on products sold outside of Ohio.
No state tax on machinery and equipment investments.
No state tax on R&D investments.
BUSINESSES ARE TAKING NOTICE OF NORTHWEST OHIO
The Northwest Ohio region is ideally situated for businesses to reach customers and suppliers. Approximately six million people live within a 100-mile radius and there is more industrial space within 300 miles of Toledo than any other location in the United States. Northwest Ohio also has a rich history of manufacturing that continues to flourish in today’s global economy – Toledo is ranked #2 manufacturing region in the U.S.

The Amazon Fulfillment Center, a 640,000 square-foot building in Rossford, opened in November 2020. The building employs more than 1,000 people at full staff. Since 2010, Amazon has invested more than $5 billion in the state through its customer fulfillment and cloud infrastructure, and compensation to its employees.
