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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
April 19 - April 25, 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.

Cleveland Browns pitch mixed-use lakefront vision, hope to attract Cleveland Clinic, private investors 

(The Plain Dealer, April 20, 2011)

The Cleveland Browns are making an economic-development play, attempting to lure the private sector to the edge of Lake Erie.

Leaders of the football franchise said Tuesday that they envision a mixed-use project, including athletic fields and a potential sports-medicine or wellness facility, on more than 20 acres north of Cleveland Browns Stadium.

 

Lordstown Wins $34M Distribution Center

(Youngstown Business Journal, April 20, 2011)

After nearly three years of searching, a major supplier for McDonald's Corp. has settled on a site at the Ohio Commerce Center to build a $34 million distribution center, officials say.
Mark Zigmont, a planner for the Trumbull County Planning Commission, confirmed Tuesday that Anderson-Dubose Inc. has submitted an application for an enterprise zone agreement.


Progress for BioInnovation

(Akron Beacon Journal, April 22, 2011)

Construction is expected to start by early May on a new downtown headquarters for the Austen BioInnovation Institute in Akron, the partnership's leader announced on Thursday.  BioInnovation President and Chief Executive Frank Douglas shared updates about the collaborative venture with about 350 area business, health-care and and political leaders during an annual community update breakfast at the John S. Knight Center in Akron.

 

Battelle, Marysville company develop bioplastic that uses soybean meal in place of petroleum   

(Columbus Dispatch, April 22, 2011)

Ohio's pursuit of technology jobs - and the effort to reduce dependence on nonrenewable resources - has gone down to the farm.

A process using soybean meal to replace up to 40 percent of the petroleum in plastics - developed by Battelle and licensed to Marysville-based Univenture - is "pure, cool science," said Keith Masavage, chief of strategy and operations at Univenture.


Sen. Brown celebrates Navistar recovery 

(Dayton Daily News, April 22, 2011) 

Sen. Sherrod Brown (D-OH) on Thursday visited employees at the Springfield Navistar plant to celebrate the facility's recent increase in production and recalling laid off workers.

Brown addressed about 100 employees, company management, union officials, as well as area elected and business officials. He congratulated company and union representatives for working together to turn around the plant, which was temporarily idled last year, and for recalling nearly 200 laid off workers.


2 Toledo area companies to get federal energy grants  

(Toledo Blade, April 22, 2011)  

Two local businesses have received Small Business Innovation Research grants from the U.S. Department of Energy.

 

Senco plans to rebuild

(Cincinnati Enquirer, April 23, 2011)

One of the world's largest manufacturers of nail guns and fasteners is recovering from recession - and bankruptcy reorganization - with plans to double in size over the next few years.  Senco Brands Inc. is growing its business through a combination of new products, expanding global markets and acquisitions.

 

Federal ruling helps protect 400 jobs for West Carrollton paper company  

(Dayton Daily News, April 23, 2011)

A West Carrollton employer and hundreds of local jobs were made safer Friday, after a decision by the U.S. Department of Commerce involving unfair trade practices.

 

It's official: Pentagon pulls plug on GE engine 

(Cincinnati Enquirer, April 25, 2011) 

The Pentagon on Monday terminated development of GE Aviation's F136 alternative engine for the Joint Strike Fighter. The decision to stop the nearly complete program after 14 years and the expenditure of $3 billion in tax dollars has minimal immediate impact on GE.  GE said previously the program termination meant it won't be hiring as many as 500 additional employees it had expected to add this year.

 

50 jobs could be eliminated at Dayton prison in restructuring

(Dayton Daily News, April 25, 2011)

State prison officials plan to eliminate about 50 of 300 jobs at the Dayton Correctional Institute and make it an all-female facility as soon as the end of the year to save taxpayers $18 million and address overcrowding.

 

Morgan Stanley gets tax credits to add 250 jobs at Easton

(Columbus Dispatch, April 25, 2011)

Morgan Stanley Smith Barney plans to add 250 jobs to its offices at Easton, where it already has 200 workers and a $7.8 million annual payroll. 

 

Symposium focuses in the future of innovation in Ohio

(The Plain Dealer, April 25, 2011)

Ohio's economic future depends teaching companies how to develop and then build new products here, academic and business leaders said Monday at a symposium to discuss innovation.


Lincoln Electric plans to erect one of the largest wind turbines in North America next month

(The Plain Dealer, April 25, 2011)

The largest wind turbine in Ohio and one of the largest in North America will soon spin high above Lincoln Electric's headquarters in Euclid.  "This is an important symbolic moment and a substantive moment," said County Executive Ed FitzGerald.   

        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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