Highlighted Posts

Posts from December 2011.
Ohio oil and gas industry associations form alliance

Ohio awarded $22 million in TIGER Grants

According to a recent article in The Columbus Dispatch, the City of Columbus and at least nine of its suburbs (Dublin, Gahanna, Grandview Heights, Grove City, Hillard, New Albany, Upper Arlington, Westerville, and Worthington) have "reached an agreement to curtail job poaching, the practice of enticing companies to move jobs – and the income ...

The Cincinnati Business Courier reports that the board of directors of the Port of Greater Cincinnati Development Authority has appointed Laura Brunner as its new president.

The Ohio Department of Development’s Office of Energy recently announced the launch of the Energy Loan Fund program to provide low-cost financing to energy efficiency and renewable energy projects.

Director Christiane Schmenk of the Ohio Department of Development, with Representative Ron Amstutz and Akron Mayor Donald Plusquellic, will announce the award recipients for Round 7 of the Ohio Historic Preservation Tax Credit today, December 21, at 10:30 a.m. in Akron.

The Associated Press reports that the recent passage of America's toughest and most comprehensive law against illegal immigrants in Alabama is causing foreign companies to deeply examine where to invest and expand their businesses.

On December 1, Mark Kvamme CIO of JobsOhio, provided an update on the activities and accomplishments of JobsOhio to date. 
Mark Kvamme, whom Gov. Kasich handpicked to be the interim chief investment officer of JobsOhio, is optimistic about the future of the state's economic development. 
The Associated Press reports that Ohio has issued 141 drilling permits – 131 for the Utica shale and 10 for the Marcellus – so far this year.

A recent article in the The Dayton Daily News  reported on a Georgetown University study that predicts there will be more job openings in blue-collar fields than "food and personal services, managerial and professional office work, education, health care and STEM (science, technology, engineering and math) fields."

The Ohio Department of Job and Family Services (ODJFS) released state figures this morning noting that Ohio’s unemployment rate was 8.5 percent in November, down a half of percent from 9.0 in the month of October. The number of workers unemployed in the state of Ohio in November was 496,000 down from 526,000 in October.

The Duke Energy Foundation, out of its Urban Revitalization Pilot Program, will award nearly $290,000 in grants for economic development purposes.

This past week, Price Finley and Quinten Harris of Bricker & Eckler LLP presented and moderated a panel discussion at the Council of Development Finance Agencies (CDFA) Ohio Financing Roundtable Conference.
On December 2, 2011, Common Pleas Judge Laurel Beatty dismissed the court case filed by State Senator Michael Skindell (D–Lakewood), State Representative Dennis Murray (D–Sandusky), and ProgressOhio.org. 

In an effort to meet the needs of its business customers, Delta Air Lines announced that it will add flights and air service out of the Cincinnati/Northern Kentucky International Airport (CVG) starting early March 2012, Cincinnati.com reports.

Today the Ohio Department of Development goes live with the new state program to provide income tax credits on small business investments.

The Bureau of Labor Statistics (BLS) released data today stating that nationally, non-farm payroll employment rose by 120,000 in November, and the unemployment rate lowered by 0.4 percent to 8.6 percent. 
Crain's Cleveland Business (subscription required) reports that two foundations, the Burton D. Morgan Foundation and the Blackstone Charitable Foundation, have each donated $1.6 million toward the development of the "Blackstone LaunchPad," a resource center for emerging entrepreneurs.

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