SOURCE: Ohio Business Development Coalition

July 09, 2007 10:43 ET

Nation's Focus Is on Ohio for Growth and Investment in the Aerospace Industry

Joint Propulsion Conference Highlights State's Attractive Qualities for Business Development and Technology Innovation in Aerospace Industry

COLUMBUS, OH--(Marketwire - July 9, 2007) - One of the most significant national events in the aerospace industry has business leaders focusing on Ohio as a leader in advancing aerospace propulsion technologies and a target for business expansion, according to the Ohio Business Development Coalition, the nonprofit organization that markets the state for capital investment. Prominent business leaders in the aerospace industry will meet this week in Cincinnati for the 43rd AIAA/ASME/SAE/ASEE Joint Propulsion Conference & Exhibit. The event also will highlight how Ohio's nurturing business environment and collaboration among industry insiders offer companies and executives the opportunity to realize their highest goals and ambitions.

The conference, a joint collaboration between the American Institute of Aeronautics and Astronautics (AIAA), the American Society of Mechanical Engineers (ASME), SAE International Aerospace Technology, and the American Society for Engineering Education (ASEE), will showcase the state's strengths in helping businesses develop cutting-edge technology to power the nation's aerospace initiatives.

"This event is a great opportunity to hear from industry, academic and government leaders about the opportunities, initiatives and successes that are helping advance and promote the aerospace industry, especially in propulsion technologies in Ohio," said Joe Renaud, Ohio's aerospace and defense advisor and member of the Ohio Aerospace Institute. "Ohio's unique culture of collaboration among government, industry and academia allows aerospace businesses to thrive. Everyone who participates in this event will gain a firm understanding about how Ohio is taking the lead in aerospace technology."

The event tagline, "Advancing Propulsion Technologies and Celebrating Our Aerospace Heritage," pays homage to Ohio's rich aerospace history and to the many local corporate, government and academic institutions now leading the advancement of aerospace propulsion.

Ohio's aerospace economy is leading the way for the advancement of new aerospace technologies in a wide variety of applications in aviation, space, near space, lighter-than-air, hypersonics, propulsion, sensors, instrumentation, communications, advanced materials, human effectiveness and others.

Only Ohio can boast of two federal laboratories, ten leading universities with dedicated doctoral level research and education programs in aerospace-related disciplines and a large number of aerospace manufacturing companies.

Statewide, over 66,000 Ohioans are employed in the aerospace and defense economy including over 600 private companies. Ohio's aerospace jobs rank 1st among 12 comparable states in private sector aerospace and defense manufacturing, nearly double the national average. Ohio is leading the nation in fields such as propulsion & power, advanced materials and materials processing.

"Ohio's strength in aerospace propulsion and power is complemented by a world-class logistics infrastructure and a large, skilled labor pool," said Ed Burghard, executive director of the Ohio Business Development Coalition. "Ohio has the existing infrastructure for business success, which leaves more time for executives to pursue their personal aspirations. Ohio is the state of perfect balance."

About the Ohio Business Development Coalition

The Ohio Business Development Coalition is a nonprofit organization that provides marketing strategy and implementation to support Ohio's economic development efforts. For more information, visit http://www.ohiomeansbusiness.com.

For more information about the 43rd AIAA/ASME/SAE/ASEE Joint Propulsion Conference & Exhibit, visit www.aiaa.org.

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