The Dayton Development Coalition (DDC) celebrated a record year in 2022 at its Annual Meeting + Economic Review on Wednesday. The region set records for jobs committed, new payroll, and capital investment, fueled by historic projects by Honda and LG Solution in Fayette County and SEMCORP in Shelby County.
“We won’t stop putting Dayton’s hat in the ring for big projects. Our pipeline is bigger than ever,” said DDC President and CEO Jeff Hoagland. “We want people across the country to talk about these jobs, and we want them to learn how easy it is to build a fulfilling life here in the Dayton Region. We want to create an economy so vibrant people move here to be a part of it. We won’t be a fly-over and drive-thru state. We are a destination.”
In 2022, companies committed to create more than 5,934 new jobs and keep more than 6,865 jobs in our region. Many of the projects this year were new companies establishing operations in the region, helping to further diversify our economy. Those projects will generate more than $357.5 million in new payroll and $5.5 billion in capital investment. The numbers represent companies that worked with the DDC and JobsOhio to expand or establish new operations in the region.
The sold-out gathering of 500 community and business leaders featured a discussion with Bob Nelson, Executive Vice President of Corporate Services for American Honda Motor Company and Jim Brinker, President & General Manager of Intel Federal, about their company’s plans in Ohio.
“Projects are moving at a faster pace and greater scale than ever before. We used to have 18 months to two years to land a project. Now those decisions are being made in six months or less,” said DDC Board of Trustees Chair Doug Compton. “Work to prepare sites for development, including the work with Wright-Patt to manage growth around the base, will set the stage for our continued regional growth. Our workforce and talent attraction efforts must align with that growth.”