News Archive

Ohio’s ‘Shale Crescent’ to tout low natural-gas costs to recruit businesses

The Columbus Dispatch

Southeast Ohio leaders and others in shale country hope to attract large manufacturers and other businesses to their area to take advantage of what they call the lowest natural-gas prices in the industrialized world.

A campaign called “Shale Crescent USA” was launched Thursday to begin recruiting business to a region along the Ohio River that includes Marietta, Ohio, and Parkersburg, West Virginia. The region has plentiful natural gas from the Marcellus and Utica shale formations.

“Our ultimate goal is to create some high-paying, blue-collar manufacturing jobs,” said Jerry James, president and CEO of Artex Oil Co. in Marietta, who is helping to organize the campaign.

In marketing materials, an illustration of a crescent moon covers the region, pointing like a backward “C” roughly toward the Columbus and Cleveland areas.

The sponsors’ efforts got a boost with Shell’s announcement Tuesday that it is moving forward with plans to build an ethylene cracker plant in Beaver…

Read More

Ohio Officials Use Geography as Downstream Selling Point

Downstream Today

“Location, location, location” has long been a mantra in real estate, but comments from officials with a stake in growing Ohio’s economy suggest the phrase nicely sums up the Buckeye State’s appeal to the downstream oil and gas industry as well.

“Ohio is a great place to be and JobsOhio and our partners will continue to leverage the oil and gas surplus of the Utica and Marcellus shale plays to build the state’s economy and drive capital investment,” David Mustine, senior advisor with the private economic development non-profit corporation JobsOhio, told DownstreamToday. Easy access to feedstocks from the Utica and Marcellus notwithstanding, Ohio enjoys “unparalleled access to customer markets” because it is located within a day’s drive to much of the U.S. population, he added.

Trades, Skilled Workers: Ohio Needs You!

Nearly $7 billion in proposed shale gas projects in Ohio would add approximately $4.9 billion to the state’s already significant chemical industry output,…

Read More

Molinaro Joins SBA Council

PR Newswire

SOURCE U.S. Small Business Administration

Diverse new membership appointed to examine obstacles facing small businesses; recommend policy changes to bolster SBA programs and services

WASHINGTONMay 27, 2016 /PRNewswire-USNewswire/ — Administrator Maria Contreras-Sweet, the head of the U.S. Small Business Administration (SBA), recently convened a meeting of the Council on Underserved Communities (CUC) Advisory Board.

Created in 2011, the CUC Advisory Board provides advice and counsel on initiatives to strengthen support for small businesses in underserved communities, examines the obstacles that small businesses in underserved communities currently face, and delivers perspectives from underserved groups regarding the efficacy of SBA programs and services.

In making the announcement, Administrator Contreras-Sweet said: “The Council on Underserved Communities is an important part of our ongoing effort to expand SBA services in order to better reach underserved communities and rural areas, as well minorities, women, veterans, and people with disabilities.  The work of the Council helps inform our mission…

Read More

These Americans are fighting to bring manufacturing jobs back

CNN Money

The presidential candidates talk a lot about how they’ll bring jobs back and restore the nation’s once-mighty manufacturing sector.

Jason Kester has been trying to do that every day for more than three years.

As executive director of the Southern Ohio Port Authority, Kester is charged with spurring economic development in Scioto County, Ohio. The county, which sits just across the Ohio River from Kentucky, was a thriving manufacturing hub decades ago, but its industries and many of its remaining factories are mere shells of their former selves. The area lost thousands of jobs — and residents — as companies closed or moved operations overseas. Businesses continue to downsize, leaving Scioto County with a 8.8% unemployment rate.

Kester is not deterred. He, along with his counterparts in three neighboring counties, are actively recruiting companies by showcasing their central location, experienced workforce, low tax burden and proximity to railroads, highways and the river….

Read More

Archived News