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|Weekly News and Opinion from Ohio's Newspapers|
January 11 - 17, 2011
|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.|
|Mystery firm eyes Medina move- unnamed company could bring 200-plus job to city (The Plain Dealer, January 12, 2011) Known only as "Project Cabot" - a name given through the state of Ohio's relocation process - the unnamed company would transport 225 employees, including research scientists, engineers, and executives.|
Editorial: Private eyes for development (Akron Beacon Journal, January 11, 2011) John Kasich wants Ohio to ''move at the speed of business.'' With that in mind, the governor last week picked a Silicon Valley venture capitalist to transform the Department of Development into a private, not-for-profit corporation. Mark Kvamme, a friend and a strategist and contributor to Kasich's campaigns, will take a six-month leave from Sequoia Capital to be the interim director of the department. He will be paid $1. The goal is the creation of a 12-person board, appointed by the governor, called JobsOhio. Kasich will make final decisions.
Big plans in works for Lytle Park area (Cincinnati Enquirer, January 12, 2011) As work winds down this year on the $320 million Great American Tower at Queen City Square, the building's developer is eyeing its next major development venture.
Fed says business outlook brighter (Akron Beacon Journal, January 12, 2011) Economic activity expanded in Ohio and parts of other states in the Federal Reserve Bank of Cleveland's Fourth District.
Cleveland school officials, business leaders discuss dramatic solutions for district financial crisis (The Plain Dealer, January 13, 2011) For the moment, all the suggestions are just the products of brainstorming, and not all will receive serious consideration. Some could require the approval of voters, unions or state legislators.
Foreclosures remain challenge in Southwest Ohio (Oxford Press, January 13, 2011) The jury's out on whether the housing market is getting better or worse in Butler and Warren counties, and at least one official says foreclosures in Ohio remain a challenge to the economy.
Cuyahoga County breaks ground for medical mart and convention center (The Plain Dealer, January 14, 2011) The complex -- an L-shaped convention center beneath Malls B and C, connected to a four-story showplace for medical technology on the northeast corner of St. Clair Avenue and Ontario Street -- is scheduled to open in 2013.
Recession changes shape of Ohio manufacturing (Mansfield News Journal, January 16, 2011) Production in Ohio will be different in many ways, but what's of most importance to the well-being of the state is that manufacturing still will be here -- period.
Wayne plans to leave regional planning agency (Wooster Daily Record, January 16, 2011) Wayne County has a number of facility planning area maps, commonly referred to as 201 plans. These maps establish boundaries, delineated by red lines, of where governmental entities envision providing sewer services in the future and show where those services exist. The individual plans are gathered together to form a 208 plan.
Turbine plans in area spark disputes among neighbors (Toledo Blade, January 17, 2011) Wind power now is coming under closer scrutiny, including in rural areas within an hour's drive of Toledo.