Ohio Business Roundtable
Recent News About Ohio Business Roundtable
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Ohio faces potential electricity shortages by 2027; urgent action recommended
The Ohio Business Roundtable (OBRT) has released a report highlighting potential electricity shortages in Ohio as early as 2027.
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Ohio Business Roundtable hosts annual meeting focused on future economic development
The Ohio Business Roundtable (OBRT) recently held its Annual Meeting, themed "Fueling the Future," bringing together 64 CEOs to discuss economic development in Ohio.
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Summit addresses supply chain challenges with insights from industry leaders
More than 60 CEOs and over 275 attendees gathered at the 3rd Annual CEO Summit to discuss strategies for tackling supply chain challenges. The summit featured over 20 distinguished speakers, including Brendan Bechtel and Pat Gelsinger, who addressed topics such as nearshoring, workforce issues, shocks, AI, and resilience in an uncertain world.
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Bath & Body Works reduces production time with Ohio-based beauty park
Bath & Body Works has transformed its production process by reshoring operations to a dedicated "beauty park" near Columbus, Ohio. This initiative allows the company to manufacture and distribute products in just 21 days, significantly reducing the previous three-month timeline. The park houses ten manufacturers across millions of square feet, employing 5,000 people during peak production.
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OBRT welcomes new cabinet members for collaborative discussions
Last month, the OBRT Government Relations Council held a lunch meeting to welcome Governor DeWine's newest cabinet members. The new members include Chancellor Mike Duffey of the Ohio Department of Higher Education, Director Kara Wente of the Ohio Department of Children and Youth, Director Steve Dackin of the Ohio Department of Education and Workforce, and Director LeeAnne Cornyn of the Ohio Department of Mental Health and Addiction Services.
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Ohio Business Roundtable discusses state’s energy challenges
Energy is essential for economic development in Ohio, according to a recent meeting held by the Ohio Business Roundtable (OBRT). The organization gathered executives to discuss the state's access to energy and emphasized the importance of ensuring it remains reliable and affordable.
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OBRT addresses property tax challenges before Joint Committee
This week, Nikki Cooper, the Director of Government Relations for OBRT, participated in a panel from the business community to testify before the Joint Committee on Property Tax Review and Reform. The organization aims to advocate for policies that enhance Ohio's economic and workforce development while reducing barriers for businesses. They seek to foster an environment conducive to business investment and growth within the state as well as global competition.
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Ohio Business Roundtable urges support for bipartisan tax package
As Congress considers the Tax Relief for American Families and Workers Act, the Ohio Business Roundtable has called on Ohio's congressional delegation to back the legislation. The group argues that it contains provisions beneficial to the state's economic development.
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Ohio Business Roundtable highlights achievements in 2023 annual report
The Ohio Business Roundtable (OBRT) has published its 2023 Annual Report, highlighting a year of significant achievements. The organization launched the Ohio Grants Alliance, enhanced advocacy efforts at the Ohio Statehouse, and held numerous events, including the second annual CEO Summit.
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Ohio Business Roundtable holds 31st annual meeting in Cleveland
The Ohio Business Roundtable (OBRT) recently held its 31st Annual Meeting in Cleveland at the Cleveland Clinic campus. The event brought together members, panel participants, and presenters for a comprehensive agenda.
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Concerns raised over workplace safety amid proposed legalization of recreational marijuana in Ohio
Ohio employers are legally required to ensure workplace safety, a commitment that is reflected in the state's declining workers' compensation rates. However, the potential legalization of marijuana through Ohio's Issue 2 poses new challenges for maintaining safe work environments.
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Ohio consortium selected as microelectronics innovation hub
The United States Department of Defense has announced the selection of the Midwest Microelectronics Consortium (MMEC) as a regional hub under the Microelectronics Commons (ME Commons) program. This initiative, led by Ohio, is dedicated to advancing microelectronics research and production for the defense industry. The MMEC will receive $24.3 million for fiscal year 2023 as part of this designation.
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Ohio Business Roundtable opposes legalization of recreational marijuana
The Ohio Business Roundtable (OBRT) has officially announced its opposition to Issue 2, a proposed law set for the November 7 ballot in Ohio that would legalize recreational marijuana use and retail sales. The OBRT Executive Committee voted to join a coalition against this measure.
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Governor DeWine signs $190 billion Ohio state budget into law
With the state budget deadline looming, the legislature cast their final votes on Ohio's biennial budget, forwarding it to Governor Mike DeWine. Late on July 3rd, Governor DeWine signed the $190 billion budget into law after issuing vetoes on 44 items. Noteworthy vetoes included tobacco-related provisions, student vaccine refusal allowances at higher education institutions, an expanded sales tax holiday, and other legislative overreaches.
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Ohio business leaders oppose fast-tracked oil refinery workforce bill
In a swift legislative process, the Ohio House introduced, conducted three hearings, and passed House Bill 205 in just two weeks. This bill is a reintroduced version of previous legislation from the last General Assembly. It mandates hiring quotas for oil refinery workforces, requiring that 80 percent of contractors be sourced from an apprenticeship program.
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DeWine emphasizes educational investment as key to retaining talent in Ohio
Ohio Governor Mike DeWine and Lt. Governor Jon Husted, along with Ohio Business Round Table President and CEO Pat Tiberi, held a press conference to emphasize the significance of investing in education to cultivate a skilled workforce in Ohio. The event took place at the OBRT offices.
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Ohio CEOs discuss mental health initiatives with Governor DeWine
Ohio business leaders gathered at Cardinal Health for a roundtable discussion on mental health, coinciding with Mental Health Awareness Month. The event was attended by Governor DeWine, Directors Lori Criss and Judi French from the Department of Mental Health and Addiction Services and Department of Insurance respectively.
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Ohio CEO Summit addresses industry's evolving landscape
Last week, the 2023 Ohio CEO Summit took place at OhioHealth, drawing nearly 300 CEOs, executives, and business community leaders. The event featured data presentations, case studies, and panel discussions led by prominent industry figures from Ohio.
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Ohio's economy rises in competitiveness; challenges remain
Ohio's economic competitiveness has significantly improved over the past five years, according to a study unveiled by business leaders and economists. The state's ranking jumped from 24th in 2018 to 13th in 2023 among the fifty states. Economists Dr. Timothy Nash of Northwood University and Dr. Jing Li of Miami University led the study, which also highlighted areas needing attention for future growth.