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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
March 22 - 28, 2011

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.

Dayton rapidly becoming center of growing sensor technology industry  

(Dayton Daily News, March 22, 2011)

There are more than 60 companies focused on Radio Frequency Identification (RFID) technology in the Dayton area, with about a dozen of those firms being born in 2010 alone, according to Robert Zielinski, commercial marketing director with CDO Technologies in Riverside. While the total employment is difficult to determine, the potential is huge, advocates say.

 

New Caterpillar center in Clayton won't be part of company's restructuring plan   

(Dayton Daily News, March 23, 2011)

Caterpillar Inc. is considering selling or restructuring its third-party logistics business, but the company's new Caterpillar Logistics Services distribution center in Clayton won't be part of that, a company spokeswoman said Wednesday.  The new Clayton center will employ as many as 600 people when it opens.  

 

Turbines Turn Wind into Taxpayer Savings 

(Youngstown Business Journal, March 24, 2011)

Money may not grow on trees, but the wind can blow it in. At least that's the plan in Lordstown, where two 10kw wind turbines began generating electricity for the community's administration building earlier this week.  The idea for the turbines came about from Ron Barnhart, director of economic development.

 

GE: Engine work continues 

(The Cincinnati Enquirer, March 24, 2011) 

The tug-of-war between the Pentagon and GE intensified on Thursday over the future of the controversial Joint Strike Fighter alternative engine, which supports about 1,000 jobs at GE Aviation's Evendale complex and represents billions of dollars in potential military orders for the company.


Uptick in tech jobs fuels local economy

(Columbus Dispatch, March 25, 2011)

Ohio companies' increased reliance on technology will translate into a big jump in tech jobs this year - even at non-tech businesses, according to a new study.  Mobile devices and e-commerce will be responsible for much of it, according to the study, conducted by the nonprofit group Technology for Ohio's Tomorrow and the Ohio Chamber of Commerce.


New center in Cleveland hopes to attract international business  

(The Plain Dealer, March 27, 2011)

This summer, with the opening of Ariel International Center, Reddy will have invested in what she believes will serve as a destination location for international businesses and cultural events.  The center will be housed in a 68,000-square-foot historic building, the old Leff Electric at East 40th Street and St. Clair Avenue.

 

Sage Hospitality, Optima Ventures plan to buy, rebrand the Crowne Plaza in downtown Cleveland 

(The Plain Dealer, March 28, 2011) 

A Colorado hospitality company and a major downtown investor plan to buy the Crowne Plaza in downtown Cleveland, transforming it into a four-star hotel before the nearby medical mart and convention center open in 2013.  

 

Clark Co. expansion projects land Ohio incentives 

(Dayton Business Journal, March 28, 2011)

A Clark County manufacturer is considering a $1.4 million expansion that would add 50 jobs.  On Monday, the Ohio Department of Development approved $66,000 in incentives for Tenneessee-based JM Consolidated Industries, which runs Muncy Corp. in Enon. The project would consolidate the company's local operations and an out-of-state facility.

Cleveland officials trying to keep city from losing 400 jobs at Goodrich Landing Gear, while luring 600 jobs from Canada

(The Plain Dealer, March 28, 2011)

Cleveland is trying to save an industrial plant and expand the company's operations at the same time.

Economic Development Director Tracey Nichols said the city wants Goodrich Landing Gear to keep its 400-employee plant at 8000 Marble Ave. but also to move 600 jobs here from Canada.


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