Two Miami County businesses recently announced that they are expanding their workforce. West Troy Tool & Machine, Inc. is adding 35 new jobs, as well as boosting its annual payroll by nearly $437,000. Industry Products Co., located in Piqua, has announced the creation of 50 jobs and almost $1.2 million in new annual payroll.
Over the past 12 months, Ohio has ranked in the top four nationally in job creation, including being the number one job creator in the Midwest. JobsOhio’s investments have been major contributors to Ohio’s success over the past year.
Since being signed into law last year, JobsOhio has played an important role in rebuilding the state’s economy. Along with the passage of lower tax rates and fewer regulations, businesses again have confidence in Ohio. The economy is obviously weighing heavily on people’s minds. While the nation as a whole still struggles to create jobs and grow its economy, I think a lot of states can look to Ohio as a benchmark of economic recovery.