COLUMBUS POISED TO GAIN 1,200 NEW JOBS FROM NEW EMPLOYERS AND EXPANSIONS
Columbus
City Council to hear legislation that would create 1,234 new jobs generating
$62 million in new payroll and retain 1,785 jobs valued at $139 million
[Columbus, OH] – Monday, Columbus City
Council will consider legislation to spur the creation of 1,234 new jobs across
a variety of industries, including food service professionals, warehouse
managers, maintenance technicians, software developers, logistics coordinators
and customer service associates. The six jobs incentives on Council’s agenda would
together create 1,234 jobs in a variety of industries valued at $62 million in
new payroll, and retain 1,785 jobs valued at $139 million in payroll.
“The strength of the Columbus
economy is its diversity, both in industry and talent,” said Mayor Andrew J.
Ginther, “Tech startups, fulfillment and distribution operators, private
aviation and consumer finance platforms are all thriving and creating
opportunity in Columbus, thanks to the skilled and dynamic workforce they find in
our city. The diversity of industries that make up our economy not only helped
us to weather the worst of the financial impact of the pandemic, but positions
us well for continued recovery.”
City Council will consider Jobs
Growth Incentives Monday for:
- Barkbox, a monthly subscription
service providing dog products, services and experiences, with existing
operations in Columbus, is expected to create 400 new positions valued at $18,800,000
in annual payroll and retain 249 positions valued at $11,879,433 in annual payroll.
- SK Food Group, a custom food
manufacturing company that produces handcrafted sandwiches, wraps, protein
snacks, flatbreads and burgers, is expected to create 305 new positions valued
at $12,389,296 in annual payroll.
- NetJets, the world’s first and
largest private jet company, will expand its global headquarters in Columbus,
and is expected to create 154 new positions valued at $12,735,000 in annual payroll
and retain 1,516 positions valued at $126,231,635 in annual payroll.
- Hollingsworth and Hollingsworth
Management Services, a leading logistics provider to manufacturing and
distribution operations, is expected to create 95 new positions valued at
$3,302,140 in annual payroll, and retain 16 positions valued at $700,000 in
annual payroll.
City Council will also vote to amend
and restate the Jobs Growth Incentive Agreement with Upstart, adding an
additional year to its agreement while revising its job creation goal from 100 new
positions valued at $10,750,000 to 350 new positions with an associated annual payroll
of $23,389,500. The startup is a leading artificial intelligence lending
platform that partners with banks to expand access to affordable credit.
City Council will also consider a Downtown
Office Incentive Agreement for River Financial, an online platform for
purchasing Bitcoin, that is expected to create 30 new positions valued at
$2,252,500 in annual payroll and retain four positions valued at $455,000 in
annual payroll.
Barkbox, NetJets and Upstart will
grow their corporate presence in the city of Columbus, SK Food Group will grow
its presence in the Columbus Region, and Hollingsworth and River Financial are
newcomers to the region.
“Being an attractive, competitive
city with strong economic resources has been our greatest asset,” said
Councilmember Emmanuel V. Remy. “Columbus is the fastest growing city in the
Midwest and a key factor of that growth is steady, good paying jobs, and these
partners exemplify that.”