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Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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Weekly News and Opinion from Ohio's Newspapers
July 31 - August 6, 2012

Greetings!
Welcome to the latest issue of Economic News from Ohio's Regions, a regular weekly newsletter from the Maxine Goodman Levin College of Urban Affairs and Cleveland State University.  We'll search Ohio's papers to bring you economic news and key happenings that impact Ohio's regions.
L & W Engineering deal could mean $16 million investment in Avon
(The Plain Dealer, July 31, 2012)
Though the building at 1190 Jaycox Road has changed hands a few times in the past, L & W Engineering, an aluminum and steel fabricator headquartered in Michigan, hopes to make permanent its presence at the facility. Doing so could result in a

$16 million - or even more - investment, according to Mayor Jim Smith.

 

Akron's Polyflow, Indiana company team up 

(Akron Beacon Journal, July 31, 2012)

Akron startup Polyflow and an Indiana investing company have created a new business to commercialize Polyflow's process of converting polymer waste into ingredients for transportation fuel and plastic products.      

 

Economic impact study on tourism in Adams County released

(The People's Defender, August 1, 2012)

 According to a just released report on the economic impact of tourism in Adams County, $29.1 million in sales were generated last year (2011) in Adams County both directly and indirectly as a result of tourism.    

 

Overhaul of state's job-matching system in the works

(Dayton Daily News, August 3, 2012)

Beginning with a pilot program in Cincinnati that's still in progress, Frederick is assembling consortiums of colleges, industries, chambers of commerce and others to create a system that repairs a situation where tens of thousands of jobs - some estimates are up to 80,000 - go unfilled despite high state unemployment.   

 

Government job losses a drag on Cincinnati's labor market recovery 

(Cincinnati Enquirer, August 3, 2012)

June data show Cincinnati's year-over-year nonfarm payroll employment is up 21,500 jobs or 2.2% net for the year.  Over the past 12 months, all of Cincinnati's job gains have been in the private sector.  As they continue to battle budget shortfalls, government entities have been shedding jobs, although the rate of job loss has slowed in recent months.  In June, the private sector continued its 21-month run of year-over-year jobs gains.  

 

Area businesses struggle to find workers 

(Mansfield News Journal, August 4, 2012) 

Herman Stine, economic development director for the local group, said members already have talked to 80 local businesses and, while all answers are confidential, the group has noticed some common threads among business concerns: a lack of workforce.  

 




         Edited and compiled by: Molly Schnoke, Center for Community Planning & Development, Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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