Crucial to the Ohio Economy
- More than 22,000 Ohio residents work directly in steel production and processing.
- Wages total approximately $1.34 billion.
- The total number of jobs generated by the state’s steel industry is 100,000.
- The Ohio steel industry and industries tied to steel generate $4.8 billion in wages.
- According to IMPLAN, steel’s total economic impact on Ohio is $7.2 billion.
OHIO STEEL PRODUCERS AND PROCESSORS** | |
Ohio employment | 22,274 jobs |
Total number of jobs tied to steel in Ohio | 96,913 |
Value-added steel production and processing | $6.18 billion |
Labor income (wages) from Ohio steel companies | $1.34 billion |
Purchase of Ohio goods/services by Ohio steel companies | $2.2 billion |
**Based on Annual Survey of Manufactures and IMPLAN, a widely used economic model for estimating the economic impact of an industry on an economy.