We have a simple, straightforward mission at the Dayton Development Coalition: To recruit, expand and retain jobs in the Dayton Region. When the year ends and we look back on our work, those three things show the growth of the region’s economic base.
For 2019, those metrics hardly seem like enough. In a year that saw catastrophic storms and horrific violence, the Dayton Region responded with compassion, strength, and resiliency. 2019 marked the year our community let the world see what makes us #DaytonStrong.
Led by county officials throughout the region, we walked the path of the storms to help guide businesses to the resources they needed to recover. We continued to focus on projects that created new jobs so our economy could sustain its growth.
In 2019, companies committed to create 2,752 new jobs and keep 8,921 jobs in our region. Those projects will generate more than $130 million in new payroll and $738 million in capital investment. Wright-Patterson Air Force Base continues to have a significant impact on our region, with more than 30,000 employees, the largest single-site employer in the state. Our recent economic impact analysis shows our local federal and military installations have a local annual economic impact of more than $16 billion.
Those results build on decades of hard work by hundreds of local economic development professionals. Since the DDC began in 1994 as the Miami Valley Economic Development Coalition, our region fought back from a major recession, Wright-Patt has nearly doubled in size and our regional economy has strengthened and diversified. Dayton continues to move forward as we rebuild.
We often focus on how our community has come to define collaboration and partnership. In 2019, the Gem City shined with resiliency and strength. Our investor list is filled with companies who have been with us from the very beginning, businesses who came to the region and wanted to support economic development, homegrown companies that continue to grow, and communities that partner with us to carry out our mission. Their support drives our success and sets our course for the future.
All our best,
Jeffrey C. Hoagland
President and CEO