Job Poaching - Good for Businesses, Bad for Regions
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- July 8, 2011 3:09 pm at 3:09 pm #87295
Businesses Net Millions Moving Within Ohio Metros
By JoANNE VIVIANO | Associated Press
Published: July 08, 2011
Relocations that netted small- and medium-sized businesses at least $39 million in property tax breaks to move around within the Cleveland and Cincinnati regions largely sent jobs from areas of poverty into more affluent communities, according to a study released Thursday
Ohio’s tax policies encouraged sprawl and competition among communities to lure companies, report finds
Published: Thursday, July 07, 2011
By Olivera Perkins, The Plain Dealer
Ohio’s tax abatement programs, designed to keep businesses in the state, have failed Cleveland residents and those in the inner-ring suburbs by moving jobs away from the urban core to more affluent areas, said a report released Thursday.December 6, 2011 1:41 pm at 1:41 pm #451256
Hilliard woos Columbus business with tax credits
By Dean Narciso
The Columbus Dispatch
Monday December 5, 2011 11:29 PM
A Columbus call center that employs more than 500 people is expected to move to Hilliard, where it will become one of the suburb’s largest employers. Hilliard heard an update of the plans tonight but was not given the company’ name. Hilliard Economic Development Director David Meeks told the City Council that the company wants to remain anonymous until the deal is final.
But a source close to the company identified it as iQor, which received a jobs-creation tax credit today from the Ohio Tax Credit Authority. Details were not available tonight.
READ MORE: http://www.dispatch.com/content/stories/local/2011/12/05/hilliard-woos-columbus-company-with-tax-breaks.htmlFebruary 5, 2012 6:03 pm at 6:03 pm #451257
Central Ohio partnership plan sparks council debate
By Jennifer Noblit
ThisWeek Community Newspapers
Wednesday February 1, 2012 11:00 AM
Dublin City Council members aren’t sure they support an agreement in the works that would curb job poaching among 10 central Ohio communities. During a Jan. 23 meeting, council members expressed doubts over an agreement started by Columbus that seeks to stop cities from using incentives to lure companies from one community to another.
September 17, 2012 4:08 pm at 4:08 pm #451258
Promise of 194 jobs wins tax break for firm
By JENNIFER NESBITT
ThisWeek Community News
Wednesday September 12, 2012 10:03 AM
Westerville has offered a tax incentive to lure Willbros Engineering from Columbus. Westerville City Council at its Sept. 4 meeting approved a five-year, 20-percent income-tax offset for Willsbros, which will bring 71 employees from Columbus and 8 employees from its sister company, Premier Utility Services, in Pittsburg.
READ MORE: http://www.thisweeknews.com/content/stories/westerville/news/2012/09/12/promise-of-194-jobs-wins-tax-break-for-firm.htmlSeptember 17, 2012 4:13 pm at 4:13 pm #451259
I really think that suburbs will only become more aggressive in this kind of job poaching. If there really is a back to the city movement, this spells significant trouble for them down the road. It’s no wonder that suburbs like Westerville and New Albany refused to sign the non-poaching agreement.September 27, 2012 9:18 pm at 9:18 pm #451260
Corporations and Communities: What Do They Owe Each Other?
by Edward Alden
September 25, 2012
In an era in which companies enjoy unprecedented mobility to invest where they choose, one of the toughest issues for governments at the federal, state, and local level is deciding what to do to attract and retain those investments. Governments should want to compete for investments that bring jobs, spin-off businesses, and tax revenue. And corporations – often with many suitors — can and do demand tax breaks, cheap energy, help with training programs, improvements in road and air access and other favorable legislation, and regulations that only governments can supply.
READ MORE: http://blogs.cfr.org/renewing-america/2012/09/25/corporations-and-communities-what-do-they-owe-each-other/February 28, 2013 1:59 pm at 1:59 pm #451261
Verizon moving 1,500 jobs to Hilliard from Dublin – EXCLUSIVE
Feb 28, 2013, 7:19am EST
Brian R. Ball
Staff reporter-Business First
Verizon Wireless notified its 1,500 Dublin workers at 5165 and 5175 Emerald Parkway late Tuesday that it will relocate operations to 5000 Britton Parkway, a 198,000-square-foot building next to a 400-worker Internet network services and data center run by Verizon Communications Inc. (NYSE:VZ).
Hilliard Economic Development Director David Meeks said the city has offered a 10-year, 50 percent jobs tax credit on Verizon’s payroll above the $72 million annual base generated from the existing jobs.
READ MORE: http://www.bizjournals.com/columbus/news/2013/02/27/verizon-moving-1500-jobs-to-hilliard.htmlJuly 15, 2013 7:08 pm at 7:08 pm #451262
Columbus Uses Incentives To Lure Jobs From Madison County
July 15, 2013
by Steve Brown
89.7 NPR News Morning Anchor
Columbus city leaders say they’re bringing more jobs to the capital city with two incentive-laden deals. One deal seems to go against a pact to not poach jobs from neighboring communities.
READ MORE: http://wosu.org/2012/news/2013/07/15/columbus-uses-incentives-to-lure-jobs-from-madison-county/January 13, 2014 4:52 pm at 4:52 pm #451263
Why State Economic Development Strategies Should Be Metro-Centric
Sunday, January 12th, 2014
Globalization, technology, productivity improvements, and the resulting restructuring of the world economy have led to fundamental changes that have destroyed the old paradigms of doing business. Whether these changes are on the whole good or bad, or who or what is responsible for bringing them into being, they simply are. Most cities, regions, and US states have extremely limited leverage in this marketplace and thus to a great extent are market takers more than market makers. They have to adapt to new realities, but a lack of willingness to face up to the truth, combined with geo-political conditions, mean this has seldom been done.
Three of those new realities are:
READ MORE: http://www.urbanophile.com/2014/01/12/why-state-economic-development-strategies-should-be-metro-centric/
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