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TAP TIMES -22- FEBRUARY 2022
Soft landing (from 21) Columbus, the nearest big city to the pro-
but states seeking to attract business typi- posed Intel site, is the state’s largest by
cally offer such incentives as reduced or population, with 860,000.
even waived property taxes.
Cleveland is second and Cincinnati is third.
Lengthy negotiations According to the 2020 census, the state’s
Statehouse News reported that negotia- population is 11,799 million. Ohio is the
tions on the deal had been going on for 34th largest state and the seventh most
months. populous. — R.I.
Ohio’s budget passed last summer doubles
the length of state tax credits, from 15 Consumer Electronics Show
to 30 years for “megaprojects” with more draws 45,000 visitors to Vegas
than a billion dollars in investments.
LAS VEGAS, Nevada — Held in early
Gov. Mike DeWine says he will give more January, the annual Consumer Elec-
details on the incentive package “later.” In- tronics Show welcomed 45,000
tel officials also were not talking. attendees in person, including 1,800
global media, across 11 indoor and
Lt. Gov. Jon Husted told the Ohio State- outdoor venues, according to its pre-
house News, “For every $0.06 of capital senter CTA.
investment the state of Ohio will make,
intel will make a dollar. The show was truly a global event, with
30% of attendees traveling from outside
High-paying jobs the U.S. – representing 119 countries.
“In return, Ohio will get the largest, most
advanced semiconductor facility in the
world with jobs that pay, on average,
$135,000 a year, which is approximately
two and a half times the median income of
a family of four in Ohio,” Husted added.
In 2020, Ohio shipped $45 billion worth of
goods around the globe. That figure, ac-
cording to World Exports reflects a 15.4%
decline from 2019 to 2020 and a 10%
drop since 2017.
Visitors crowd the Venetian Expo exhibit area (formerly Sands)
during CES 2022. (CTA)
Ohio ranks among America’s 15 biggest
exporters by state, but well behind front- More than 2300 exhibiting companies from
runners Texas and California. around the world, including more than 800
startups, launched products featuring in-
Based on statistics from the US Depart- novation across artificial intelligence, au-
ment of Commerce’s, Ohio’s exported tomotive technology, digital health, smart
products represent 6.7% of the state’s to- home and more.
tal economic output or real Gross Domes-
tic product, $675 billion in current dollars, This year’s show marked a return to Las
based on 2019 figures. Vegas after nearly two years. ces.tech
