Mr. Budig is President of Budco Group, Inc., a closely held company with interests in intermodal transportation, equipment leasing, real estate, and convention and exposition contracting. An active member of the Cincinnait community, Mr. Budig serves on the boards of the Cincinnati Ballet, the Cincinnati Arts Association, Cincinnati Museum Center, Ensemble Theater, the Cincinnati Zoo, amonth other.

In 1994, Mr. Budig founded the Otto M. Budig Family Foundation, named for his father. The foundation supports a range of causes in the Greater Cincinnati area, with a primary focus on the arts. He is a graduate of the University of Cincinnati.