Major Tax Contributor
- Steel companies pay more than $600 million in taxes to Ohio and its local communities, and $700 million in federal taxes.
- Revenue from these taxes is used to maintain and strengthen local, state and federal programs.
Capital Investment in Ohio
- Steel producers and processors in Ohio spend on average $315 million per year on capital expenditures.
- Ohio facilities employ the most advanced technologies and remain competitive in a global economy based on fair trade.
According to the latest figures available from the U.S. Bureau of Labor Statistics, Employment and Wages and the Ohio Department of Development, there are 242 steel manufacturing and processing establishments in Ohio.