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Dayton is home to many major corporations and companies such as Reynolds and Reynolds, CareSource, Cargill, Cox Enterprises, NewPage Corporation, Huffy Bicycles, LexisNexis, Kettering Health Network, Premier Health Partners, Standard Register, and Teradata. It is the former home of the Speedwell Motor Car Company and the Mead Paper Company before it became MeadWestvaco. NewPage Corporation is a Fortune 1000 company. Behr Dayton Thermal Products LLC is also located in Dayton.
The National Cash Register Corporation, or NCR, founded and long headquartered in Dayton, and for decades a mainstay of the city’s economy, announced on June 2, 2009, that the corporate headquarters will be moved to Duluth, Georgia. The long-term results of this major loss to the city are not certain as of the summer of 2009. Another blow to the region’s economy occurred when the GM assembly plant in Moraine, Ohio closed in late 2008. In 2008, Forbes magazine included Dayton on its list of the Fastest Dying Cities in America; Dayton responded by hosting a conference on August 89, 2009 at the Dayton Convention Center where representatives of Dayton and seven other cities such as Cleveland, Detroit, and Buffalo, NY who are also on the list gathered to discuss strategies for reversing their long-term declines. The city has also started Tech Town, a development project intended to attract technology-based firms to Dayton and revitalize the downtown area.
The research and development arm of the U.S. Air Force at Wright-Patterson Air Force Base is the fifth largest employer in the state of Ohio and the largest employer at a single location. The Advanced Technical Intelligence Center, who works closely with WPAFB, is also an important asset to the Dayton Area economy. Apart from Wright Patterson Air Force Base, the Kettering Health Network and Premier Health Partners Network have a major role on the Dayton area’s economy. Hospitals in the Greater Dayton area have an estimated combined employment of nearly 32,000, a yearly economic impact of $5 billion. It is estimated that Premier Health Partners contributes more than $2 billion a year in positive economic impact through operating, employment, and capital expenditures. Thomson Reuters rated the Kettering Health Network as one of the top 10 hospital networks for clinical excellence in the United States. In addition, several Dayton area hospitals consistently earn top national ranking and recognition including the U.S. News World Report’s list of America’s Best Hospitals. The most notable hospitals are Miami Valley Hospital and Kettering Medical Center.
The Dayton region is also known for its high concentration of aerospace and aviation technology. In 2009, Governor Ted Strickland designated Dayton as Ohio’s aerospace innovation hub, the first such technology hub in the state.In addition, state officials are working to make the Dayton region a hub and a leader for UAV research and manufacturing.
Along with UAV research, Dayton is also home the world’s first RFID business incubator.
Dayton is working to build in existing underground water aquifers to bring jobs to the region. According to a press release, while many areas across the nation are struggling with drought conditions, Dayton is drought-free. The Dayton Development Coalition is attempting to attract companies to Dayton that consume large quantities of water because of the region’s estimated 1.5 trillion gallons of renewable water aquifers.[
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