Toledo Ranks in the Top 10 for New Business Investment by Site Selection Magazine

Site Selection Magazine announces Toledo in the top 10 for new business investment among metropolitan areas with a population between 200,000 and 1 million in 2021.

This is the sixth consecutive year Toledo has ranked in the Top 10.

“Today’s news reinforces the fact that Toledo’s momentum is real, and it shows no sign of stopping. This is the 6th straight year that Toledo has been ranked in the top 10, which is an incredible achievement when you consider that hundreds of other cities are competing for this honor,” Mayor Wade Kapszukiewicz said.

“Our economy continues to be recognized for its strength, despite the headwinds caused by the pandemic. Those of us lucky enough to live here have always known that Toledo is a great place to live and do business; now the rest of the world is taking note, too.”​

Toledo’s ranking demonstrates the success of its partnerships with Lucas County, Toledo-Lucas County Port Authority, Regional Growth Partnership, JobsOhio, and the Toledo Regional Chamber of Commerce.

“The Toledo region is once again recognized as a national leader for economic development,” Brandon Sehlhorst, Director of Economic Development, said.

“Major project announcements in 2021 by Bitwise Industries, Libbey Glass, General Motors and numerous others are evidence of this region’s successful economic development, community development and workforce development efforts.”