FOR IMMEDIATE RELEASE
Thursday, October 01, 2015
SECRETARY HUSTED ANNOUNCES OCTOBER 2015 OHIO BUSINESS PROFILES
COLUMBUS – In an effort to recognize the importance of producing quality goods for a growing economy, Ohio Secretary of State Jon Husted today announced “Manufacturing” as this month’s highlight in the Ohio Business Profile program. Featured businesses are involved in one of the state’s most important industries.
Manufacturing contributes nearly $100 billion to Ohio’s economy and makes up almost 18% of the state’s gross domestic product (GDP). Employing more than 680,000 Ohioans, the Buckeye State’s manufacturing industry is the fourth largest in the United States.
“If you like things like cars, buildings, paper and food, thank someone who works in manufacturing for the significant role they play in making our world and our economy work,” Secretary Husted said. “Our manufacturing industry is strong and growing quickly and with an average income well above both Ohio’s and the nation’s average, it makes for a rewarding career path.”
Companies profiled this month include:
- Hackman Frames, LLC (Columbus, Ohio) started as a one-man operation in New York City, but moved to the Buckeye State in 1992, partly in order to take advantage of the state’s central location, which allows them to reach a larger customer base with less cost. They produce a number of hand-made, fine art products with their most popular item being their quality picture frames.
- The Timken Company (North Canton, Ohio) is known for its quality products, which include engineered bearings, power transmission products, and power systems, among other services. Founded in 1899, the Timken Company now employs approximately 14,000 people and posted sales of $3.1 billion in sales in 2014.
- The Yarder Manufacturing Company (Toledo, Ohio) is a sheet metal fabrication business specializing in custom fabrication through laser cutting, bending and welding. Spanning 4 generations as a family-owned business, The Yarder Manufacturing Company was founded more than 100 years ago by one man performing repairs from fender benders on the first automobiles.
- Sole Choice, Inc. (Portsmouth, Ohio) manufactures shoe and foot-care products with shoelaces being their flagship product. They are proud to be leaders in the narrow fabric manufacturing industry and display a “Made in the USA” emblem in their shop and on their products.
- Wyandot, Inc. (Marion, Ohio) has been in business since 1939 and employs more than 400 people in their family-owned snack foods operation. What started as a grain and popcorn company today manufactures a wide array of foods including corn tortillas and chips. The company will produce approximately 50 million pounds of snacks in over 120 million bags in 2015.
On September 24th, Secretary Husted announced two new initiatives to propel small business growth in Ohio including the reduction of costs associated with filing a new business in the state. Secretary Husted is also now a Google “Let’s Get Our Cities on the Map” partner, giving new and existing Ohio businesses easy access to free tools through the web giant such as free web hosting and placement on Google’s map and search tools. Ohio is now the least costly state in the region to start and maintain a new business. Read Secretary Husted’s guest column in the Cincinnati Enquirer here.
Launched in June 2011, Ohio Business Profile has helped raise awareness about companies registered and doing business in Ohio that are creating interesting products, offering outstanding service, contributing to their local communities and employing Ohioans in the process. Each month, a handful of diverse businesses linked together by a common theme are featured on the Secretary of State’s website, where Ohioans are encouraged to submit companies they feel are deserving of recognition in future months.
The Secretary of State’s office also releases a monthly report of new business filings in Ohio and recent data shows Ohio is on track for another record year for the number of newly-registered businesses. One reason for the growth has been the launch of online services. In October 2013, Secretary Husted launched Ohio Business Central allowing businesses to file some of the most commonly used forms online and services continue to be expanded. Since January 2011, more than 381,000 filings have been submitted and half of all new companies are now started online in Ohio.
For more information, please contact Joshua Eck at (614) 466-2729