News Archive

JobsOhio Corp. helps companies choose Ohio for automotive, advanced manufacturing projects

Kristi Tanner likes to share Ohio’s story of financial stability and manufacturing heritage when describing the merits of attracting business in Ohio, particularly when she’s talking to global companies.

“International companies are looking for a location that can reduce their risk and maximize profitability,” says Tanner, JobsOhio senior managing director for automotive. “That describes Ohio. It also helps that you can reach 70 percent of the U.S. and Canadian automotive assembly facilities in a single-day truck drive.”

oh_sr_KristiTanner_0216“We assisted Fuyao with not only site selection and incentives, but more importantly we worked with them as a partner to understand their business needs and present potential Ohio solutions and opportunities that would reduce their risk and accelerate their market entry.” Kristi Tanner, senior managing director for automotive, JobsOhio

JobsOhio is a private nonprofit corporation that drives job creation and economic investment in Ohio through business attraction…

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Auto Supplier Chooses Greenfield

Excitement is high in Greenfield as Corvac Composites, LLC has begun to renovate and equip a 175,000-square-foot manufacturing facility shuttered three years ago. Cormac, a leading supplier of plastic components to the automotive industry, was looking for an existing building close to its customers. The Highland County facility ts their company philosophy as they manufacture with recycled plastics and believe in “recycling everything,” said Corvac President and CEO Jim Fitzell.

The Michigan-based company found buildings to meet their needs in Ohio, Kentucky and Indiana. But the final decision was about more than just a structure.

“We only want to be where we are wanted,” said Fitzell. “It was the people! It was that Greenfield wanted us, JobsOhio wanted us, CDBG wanted us, Appalachian Partnership wanted us, DP&L wanted us. Ohio wanted us!”

Corvac uses thermoform manufacturing to make high volume air flow management and water detection systems for the…

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SOACDF funds available for job creation in Jackson County

JACKSON – The Jackson County Economic Development Board (JCEDB) announced that up to $200,000 in competitive grant funds are available through the Southern Ohio Agricultural and Community Development Foundation (SOACDF) for projects in SOACDF’s nine county service region. The mission of the grant is for SOACDF to sponsor strategic investments in communities that have been adversely affected by the reduction in the demand for tobacco.

Private sector business/industry with job creation/retention projects, political subdivisions and public nonprofits may apply. Colleges and universities may apply for projects that are private sector driven.

The criteria for grant availability are extensive, but the main points are:

• Funds may be used for capital improvements, fixed assets or land acquisition where the end purpose is for manufacturing, logistics/distribution, warehousing, agribusiness/food processing or healthcare.

• There must be a job creation/retention component. Job creation is defined as a year round fulltime job working a…

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Drilling declines in Carroll County, but economic development continues

A single rig, drilling on a snow-crusted hill. That’s what $30 oil and $2 natural gas look like in Carroll County, the most-drilled part of eastern Ohio’s Utica Shale region.

A single rig, drilling on a snow-crusted hill.

That’s what $30 oil and $2 natural gas look like in Carroll County, the most-drilled part of eastern Ohio’s Utica Shale region.

Since shale exploration and fracking began in late 2010, no county has been drilled more than Carroll. Oil and natural gas flow from 392 wells, accounting for one-third of the producing Utica wells in the state.

A couple of years ago, you could have stood on a ridge in one of Carroll’s southern townships and counted the rigs like giant pins in a map.

An industry database says there are two rigs in the county. But last week, a Nomac rig on a Chesapeake well near Leesville appeared to be the only one actively drilling….

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