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|Weekly News and Opinion from Ohio's Newspapers|
October 12 - 18, 2010
|Welcome to the latest issue of Economic News from Ohio's Regions, a new 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.|
|Cleveland planners approve concept for futuristic 'pixelated' windows on medical mart (The Plain Dealer, October 14, 2010) The windows were the biggest change architects presented at a rare joint session of Cleveland's Planning Commission, Design Review Committee and Landmarks Commission. Most of the four-hour meeting covered smaller details of the $465 million taxpayer-funded plan to build the medical mart and build a new underground convention center that runs under Mall B and Lakeside Avenue to the other side.|
North central Ohio not sharing in U.S. growth of factory jobs (Mansfield News Journal, October 15, 2010) Blue-collar employment has declined nationwide every year since 1998, but it's up 1.6 percent during the first nine months of 2010. That is a national trend, but not local.
Toledo could get another solar plant with 600 jobs (Toledo Blade, October 15, 2010) Metro Toledo has one First Solar Inc. plant, but it could have another if the company chooses to build a planned factory in Ohio.
Third Frontier jobs up 7.3 percent in 1st half 2010 (Cincinnati Enquirer, October 15, 2010) The state gained an additional 700 direct jobs and another 4,000-plus indirect jobs during the period, Ohio Department of Development officials told the Third Frontier Commission, which has final approval over the program's budget and allocations.
Honda to add 100 jobs at Ohio plant (Columbus Dispatch, October 15, 2010) The automaker plans to add 100 jobs and 200,000 square feet of factory space at its transmission plant in Russells Point.
Mortgage foreclosure uproar sweeps up Northeast Ohioans (The Plain Dealer, October 17, 2010) The possibility that bank employees illegally "robo-signed" thousands of foreclosures without even reading the information shows the production-line mentality not just of foreclosures, but of the entire mortgage process.
Editorial: Ohio will compete nationally, globally in health care (Youngstown Vindicator, October 17, 2010) Ohio is a burgeoning health care and biomedical state, but many of our own citizens are unaware of the magnitude of our rich resources and the potential impact they can have on economic growth and job creation. Our area is full of amazing medical resources - from educational institutions, to health care providers, medical manufacturers and biomedical research facilities.
Panel works on ways to promote Ohio's aviation assets (Columbus Dispatch, October 17, 2010) Ohio's aerospace, aviation and defense industries collectively employ more than 100,000 people - nearly as many as the motor-vehicle and parts-manufacturing business. Yet aerospace executives say many in their own industry aren't aware of Ohio's assets, and not enough is being done to attract and develop more industry business in the state.
Disappointing 1st year for Ohio 'brain drain' aid (The Morning Journal, October 18, 2010) Ohio officials say 120 recent college
graduates have taken advantage of home-buying help so they'll stay in the state. That's short of the 200 potential home buyers the Ohio Housing Finance Agency thought the Grants for Grads program might attract in its inaugural year. Officials blame a poor economy for the disappointing early results.
Editorial: An energy solution for Ohio (Cincinnati Enquirer, October 18, 2010) For economic growth and the thousands of jobs that would be created, Ohio needs to capitalize on its vast reserves of "unconventional" natural gas, namely coal-bed methane and shale gas. We can develop both, since a large part of eastern Ohio is underlain by shale formations like the Marcellus Shale and Utica Shale, and by several coal seams.
Expanded water plant may bring new business to Coshocton (Coshocton Tribune, October 18, 2010) While the plant is not operating to capacity now, it has the potential to draw new business to the area. The plant is also one of the largest and most state-of-the-art for a city Coshocton's size because of the needed expansion.
Manufacturers see economy start to thaw (Dayton Business Journal, October 18, 2010) While anecdotal, situations such as Electro-Polish seem to be part of a greater undercurrent signaling the Dayton-area manufacturing industry may be on the verge of a sustainable rebound.