Manufacturing comprises about one-fifth of Toledo’s economic base. Nearly 1,000 manufacturing facilities are located in the metropolitan area. Such manufacturing facilities include automotive assembly and parts production, glass, plastic, and metal parts. Toledo is home to the headquarters of such corporations as The Andersons, Dana Corporation, Libbey, Inc., Libbey-Owens-Ford Company, Owens Corning, Owens-Illinois, and Seaway Food Town. Major employers include DaimlerChrysler, General Motors/Powertrain, ProMedica Health Systems, and Toledo Public Schools. With 10 major financial institutions, Toledo is also a banking and finance center for northwestern Ohio.
Medical and technologically-oriented businesses are a major force in the local economy; Lucas County ranks among the 50 counties in the United States that account for 50 percent of medical industry production. Several private testing laboratories and manufacturers of medical instruments and allied products are located in the Toledo area. In addition, more than 400 plastics, metalworking, and electronics companies adapt engineering and production capabilities to the medical device and instrument industries. With its many nearby universities and large public school system, education is also an economic pillar. The Medical College of Ohio is the eighth largest employer in Toledo, and contributes nearly $500 million to the economy per year.
Items and goods produced: automotive and truck components, health care products, glass products, fiberglass, packaged foods, plastic and paper products, building materials, furniture, metal products