Ohio is home to an abundance of natural resources and thousands of miles of trails that connect residents and visitors to the state’s diverse beauty. Ohio’s trail systems bring people together, provide alternative transportation routes, promote healthy living, attract new residents, and have positive impacts on local economies. As remote workforce options become more prevalent […]

The Newark Arcade Project, a Montrose Group client, was one of 13 projects awarded the highly competitive Ohio Transformational Mixed Used District (TMUD) tax credit by the Ohio Tax Credit Authority on March 2, 2022.  The Ohio Tax Credit Authority approved these awards as part of the $100 million first round of the state’s new

Semiconductors are tiny electronic devices based primarily on silicon or germanium that are fundamental to nearly all modern industrial and national security activities. They are also essential building blocks of other emerging technologies, such as artificial intelligence, autonomous systems, 5G communications and quantum computing. For decades the U.S. manufacturing share for semiconductors or microchips as

The world’s automakers have signaled they intend to make the switch to Electric Vehicles (EVs) in the coming years, which would be the first major development in the type of vehicles we drive since mass production of the combustion engine began. We have seen in recent years the growth of companies like TESLA and how

Legislative redistricting has never been easy.  Often state legislators or their political supporters are asked to redraw their own legislative districts to better reflect new population trends generated by the census every ten years. Asking legislators to redraw their own districts is like asking taxpayers to decide how much in taxes they should pay. According

Ohio, like all state economic development programs, require substantial compliance requirements. As an example, annual reporting requirements compliance exist tied to the Ohio Job Creation Tax Credit as well as the state of Ohio’s two property tax abatement programs- Community Reinvestment Area (CRA) and Enterprise Zone (EZ) programs.  These program’s annual reports are due in

Montrose Group Economic Development Incentive Update 2/4/22 Indiana Nucor Corporation will invest $290 million to expand the product capabilities of its sheet mill in Crawfordsville. The Indiana Economic Development Corporation (IEDC) is working with Nucor to finalize a committed investment in the form of incentive-based tax credits based on the company’s job creation and investment plans. Montgomery

A region’s workforce is a critical measure of its economic success. An examination of a community’s workforce has three distinct components: the size, unemployment rate, and education level of the workforce; the occupation and earnings of the workforce; and the commuting patterns of the workforce.  As an example, Athens County, Ohio has a labor force

Electric Vehicles to Drive Major Corporate Site Location Projects Nickolas Otto in 1876 invented the four-stroke internal combustion engine in which in which combustion occurs (aka burning) inside the engine rather than in a separate furnace generating motive power by the burning of fuels such as petrol and oil.[i]  Considering the fact that the $3.6

South and Southwestern Will Continue to Grow Demographic and economic growth factors will continue to combine in 2022 to make corporate site location projects increase in the southern and southwestern United States. This is a long-term trend that continues over the last several decades as low-cost southern markets attract global manufacturing firms and manufacturing that