OEDA Dateline Newsletter
  October 2014
 
 
 
Through advocacy, networking, and professional development, OEDA provides its members with resources to better inform leaders about the importance of economic development in their community.  The OEDA newsletter provides a forum for the exchange of ideas, principles, practices, and ethics in the field of economic development.  Please feel free to submit articles and announcements to oeda@assnoffices.com
 
 
OEDA Networking Event
YOU'RE INVITED!

Wednesday, November 12, 2014 - 4:30-6:30 p.m.
Hilton Akron Fairlawn
3180 West Market Street, Akron, OH  44333

Join your colleagues in economic development
for a networking reception!  
Complimentary drinks and appetizers will be provided.

 
You will hear from OEDA's leadership on new member benefits, programming and future plans for the organization. 

Attendees will also receive a brief update from Team NEO on business development and economic news in NE Ohio.

 Please visit the link below to RSVP today!
There is no charge to attend, but RSVPs by November 5th are appreciated.

http://www.ohioeda.com/event-1766969/Registration

 

 Presented by The Ohio Economic Development Association, Team NEO, Greater Akron Chamber of Commerce, Youngstown/Warren Regional Chamber, and the Greater Cleveland Partnership

For further information on sponsorship opportunities for this event, please contact Karla Dunbar at karla@assnoffices.com.


 
 
Register Now for Ohio Board of Regents Regional Workforce Meetings 
 

Dear Economic Development Partner,

The connection between the availability of high-quality human resources and the attainment of economic development goals is increasingly important to Ohio. States that lead the charge in connecting these resources and goals do so by developing strategies, education, and training infrastructures that include the dynamic nature of regional economies and labor markets.

In pursuit of similar opportunities that allow Ohio to construct an even more resilient workforce ecosystem, I have scheduled regional meetings to discuss equipment allocations for the campuses in your region that mirror the occupational skill needs articulated by our economic development and business sector partners. Between $8 million and $10 million will be allocated toward this initial process, which will include an open, ongoing RFP process that focuses on regionally submitted proposals involving partnerships between universities, community colleges, Ohio Technical Centers, local economic development partners, and business representatives.

Click Here for more information.
 
 
Economic Development 101
 

Friday, November 21st – 8:00am – 12:30pm
Washington State Community College
Arts & Science Building
710 Colgate Drive, Marietta, Ohio 45750

 
ED101 is a half-day economic development training program designed to help elected and appointed officials and business leaders in the Appalachian Region gain a greater understanding of economic development. Attendees will discuss topics driving economic development in Southeast Ohio in breakout sessions and hear presentations from industry experts. The half-day event will close with a presentation from APEG on the success of the Community Economic Development Academy program.


CLICK HERE to view the Agenda and Program

CLICK HERE to RSVP by November 14th

Thanks to our sponsors, we are able to offer this event for FREE to OEDA members and only $25 for non-members, breakfast is included! 
 
 
Ohio Attracting New
High-Tech Companies
Third Fontier Helping Bring New Innovation to Ohio

Ohio Development Services Agency
September 18, 2014

The Ohio Third Frontier Commission has approved more than $9 million to attract new technology companies to the state, support existing companies in creating new products and getting innovative ideas to the marketplace.

“Ohio is an attractive place to do business and develop cutting-edge technologies,” said David Goodman, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission. “We will continue to support Ohio’s growing technology economy.”

Click here to read the entire News Release

 
 
Ohio Investing in Start-Ups
and Innovation
Third Fontier Advancing New Technologies and Products

Ohio Development Services Agency
October 8, 2014

 
Today the Ohio Third Frontier Commission approved $12.5 million to support start-ups and commercialize technologies, while also helping more established companies develop innovative products.

“Taking ideas and getting them to the marketplace strengthens Ohio’s technology economy,” said David Goodman, director of the Ohio Development Services Agency and chair of the Ohio Third Frontier Commission. “In addition, moving the state’s companies to the next level with new products will keep them competitive, ensuring jobs for Ohio’s future.”

  Click Here to read more.
 
 
Rickenbacker's Foreign-Trade Zone #138 Jumps to 7th in the Nation for Imported Merchandise

  Columbus Regional Airport Authority
September 22, 2014
 
COLUMBUS undefined Businesses that utilized Foreign-Trade Zone (FTZ) #138 in Central Ohio saved money in Customs duties and other fees as they moved a record-breaking $6.3 billion in merchandise through the zone in 2013. This resulted in FTZ #138 being ranked 7th out of 177 operating FTZs in the United States.

This is the first time FTZ #138 has made its way into the top 10. Merchandise moving through the FTZ is varied and includes textiles, footwear, pharmaceuticals and electronics.

“FTZs provide businesses with the opportunity to lower costs, boost profits and increase global competitiveness,” said Elaine Roberts, A.A.E, President & CEO of the Columbus Regional Airport Authority, which operates FTZ #138.

 Click here to read more.
 
 
Columbia Gas of Ohio's Jobs Growth Fund Helps Bring Hundreds of New Manufacturing Jobs

COMPANY'S JOBS GROWTH FUND MAKES $150,000
GRANT TO LOCAL COMPANY


Columbia Gas of Ohio
 
Columbia Gas of Ohio’s Jobs Growth Fund will grant $150,000 in support of Columbus Castings’ business expansion in a Columbus neighborhood plagued by unemployment. The company is the largest steel foundry in North America.

“People in this neighborhood will have a chance at a good job and a better life,” said Columbia Gas of Ohio President Jack Partridge.

He joined representatives of Senator Rob Portman, Columbus Mayor Michael Coleman, JobsOhio, and Columbus City Council to announce the expansion project.

Click here to read more.

 
 
Ohio Conference on Freight Takes Economic Development Slant

Toledo Metropolitan Area Council of Governments
 

The Ohio Conference on Freight has much to offer the economic development community. The lead off speaker for the 2014 conference was Bethany Bailey, managing director, Industrial Services Strategy & Operations for the Americas, Cushman & Wakefield, Inc. A highly regarded site selection expert, Ms. Bailey offered her take on five (plus one) trends that will shape location decisions in the coming years.

This opening keynote was one of five major presentations amid thirteen workshops and two facility tours emphasizing how freight, infrastructure, and logistics influence economic development. As Ms. Bailey, a first time attendee noted, “This conference has brought together a great set of ideas and perspectives on things related to freight transportation but also the larger perspective of supply chains. The perspectives that folks are lending on workforce challenges – driver shortage challenges as well as distribution centers – are really key to what companies need to consider for the future. Whether it is retailers, manufacturers, or the trucking industry itself, I think that workforce will be key to some of their strategies and really enable their decisions and success in the future. Technology and how companies are using technology – big data – will be key to those that are going to succeed and really thrive in the future. Adapting to new consumer trends, how people are buying, what they expect of industry, and the implications for re-shoring and near-shoring, are keys to what companies in the Midwest will really seize upon in the future.”


Click Here to read more

 
 
City of Medina Grant Awards

City of Medina
Cassandra Davis
 

In the Spring of 2014, the City of Medina applied for two grants from the Ohio Development Services Agency to make substantial improvements for the city. The first grant the city applied for was the Critical Infrastructure Grant, to repair street deterioration. The second grant the city applied for is known as the Downtown Revitalization Grant, to help preserve Medina’s Downtown Historic District businesses facades.

The city proposed to conduct street improvements that will benefit nearly 937 residents. They requested a total of $300,000.00 with leveraged funds of $385,000.00. After being successfully awarded these funds through the Critical Infrastructure Grant, the project will cost a total of $685,000.00.


Click Here to read more.

 
 
Murphy-Hoffman Company

Economic Development Alliance of Southern Ohio
 

Murphy-Hoffman Company will build a Road Ready Center on a 47-acre campus in Chillicothe at the northeast corner of Ohio 159 and Delano Road.  The Center is a first-of-its-kind facility, providing inspections and post-production installations on Kenworth trucks, taken immediately from the assembly line.  The process will expedite delivery to Kenworth customers.

Completion of the 108,000 square foot $10 million Road Ready Center next year will allow MHC to add 50 jobs to the current workforce of 15 now at the company’s Lunbeck Road facility.  A principal service will be compressed natural gas and liquefied natural gas (CNG and LNG) conversions employing state-of the-art technology.

MHC, based in the Kansas City area, has a network of 58 heavy and medium duty truck dealers, 35 MHC Truck Leasing locations, four Carrier Transicold locations, and a wholly-owned finance company, MHC Financial Services.  The company recently acquired the Chillicothe Kenworth dealership in a transaction not related to the Road Ready Center.  The dealership employs 30.

Murphy-Hoffman’s expansion was supported by a 50% 10-year property tax abatement approved by the Green Township Trustees and the Ross County Commissioners, and by a 7-year 50% Job Creation Tax Credit granted by the Ohio Tax Credit Authority.

The family-owned company has been serving the trucking industry since 1975 and employs more than 3000 people.

 
 
Call for Entries:  Economic Development Rock Stars Under Age 40

Development Counsellors International (DCI)
 

For the second year, Development Counsellors International (DCI) is on the hunt for the economic development industry’s top young performers – those who are leading missions that spur investment, implementing projects to expand jobs and executing creative ways to market places. These nominees should be so good at what they do that they are flipping the economic development world upside-down-all before celebrating their 40th birthday.

Last year, two 40 Under 40 award recipients came from the state Ohio -
Steve Fritsch of Team NEO and Joshua Smith of the City of Hamilton. For 2015’s award, let’s submit as many nominations as possible for our state!

Nominees must be 40 years old or younger as of December 31, 2014. DCI’s 40 Under 40
Selection Committee, comprised of five industry thought leaders, will review nominations during the month of November, winners will be notified in December and DCI will officially announce and recognize them at IEDC’s Leadership Conference in Palm Beach, Fla., January 25, 2015.

The deadline to nominate is October 31, 2014. 
Please submit your nominations here.

For questions, please reach out to Susan Brake by email at susan.brake@aboutdci.com or by phone at 303.455.9601.

 
 
City Welcomes Economic
Development Specialist


City of Delaware, Ohio
September 29, 2014

DELAWARE Lindsey Kerr has joined the City of Delaware Economic Development Department as an Economic Development Specialist and Business Concierge.

Kerr spent the last three years at Strategic Public Partners,
a full-service public affairs and public relations firm, where she served as a project manager. Kerr managed a variety of public affairs and small business clients. Additionally, she has extensive experience in grassroots mobilization, brand management, media monitoring, social media management and strategic communication.

“I am excited to start a new venture with the City of Delaware and look forward to working with the team and area business owners to ensure the continued growth of their businesses while also growing the city,” Kerr said. “I am fortunate to be joining such a great community.”


Click Here to read the entire Press Release
 
 
Ohio's Middle Market: 
An Engine of Growth

National Center for the Middle Market

When talking about the U.S. economy, a great deal of attention is paid to big businesses – think Fortune 500 – and small
entrepreneurial start-ups. What about the Middle Market – a diverse group of companies that lie somewhere between these two
descriptions?

The Ohio State University Fisher College of Business and GE Capital were both curious to know about this segment – its
demographics, contribution, operating characteristics, and challenges. In 2011, these organizations formally collaborated on
the creation of the National Center for the Middle Market (NCMM), the first research center of its kind focused solely on the
U.S. middle market, defined as businesses with between $10 million and $1 billion in annual revenue. The center’s mission is
to provide thought-leadership, data, insights, and resources to middle market businesses, policymakers, academics and other
stakeholders in order to support economic growth and job creation.


Click Here to read more

 
 
Manufacturer Growing in Hocking County

Hocking County CIC

On Thursday, October 16, 2014, Amanda Manufacturing will ceremoniously break ground for a new 68,880 SF expansion of their existing facility in Logan, Ohio.  The current facility consists of about 130,000 SF.  This new space will enlarge the manufacturing floor and create a new façade and office space.  The company has experienced a tripling in sales over the last 5 years and has outgrown its current space.

The company’s capabilities include design, engineering, and manufacture of cold and technical formed rod and wire products largely in support of the automotive industry.  Founded in 1953, the company has adapted and grown throughout its history.  Most recently being the purchase of additional equipment in 2009.

Currently, Amanda Manufacturing employs over 200 individuals with plans to add another 20 positions with the new expansion.

Amanda Manufacturing is part of the Deschler Group, Detroit, MI.

 
 
Join or Renew Your 2014 OEDA Membership Today!
Ohio's economic development professionals are the leaders in our communities in developing initiatives and programs that will help Ohio companies and communities find success.  It is vitally important for us to work together to keep and attract jobs to Ohio.

Through continued collaboration we will become more proactive and effective in our job retention and creation efforts.

Through the OEDA we advocate for funding for economic development programs at the State level.  We advocate for improvements to State and local incentive programs.  And we build awareness with legislators and community stakeholders of the successes of Ohio and of the increasing national and international competition for jobs.

In 2014, the OEDA will provide forums and professional development opportunities where practitioners, from new to seasoned, can identify fresh initiatives and workforce programs to implement in their communities.

For information on membership categories, membership benefits and how to purchase your membership please visit:

 
 
OEDA Job Listings
Economic Development Director, Norwalk Economic Development Corporation, Click here for more information.

Harrison County Economic Development Director
, Harrison County, Ohio, Click here for more information.

 
In This Issue
OEDA Networking Event

Register Now for Ohio Board of Regents Regional Workforce Meetings

Economic Development 101

Ohio Attracting New High-Tech Companies

Ohio Investing in Start-Ups and Innovation

Rickenbacker's Foreign-Trade Zone #138 Jumps to 7th in the Nation for Imported Merchandise

Columbia Gas of Ohio's Jobs Growth Fund Helps Bring Hundreds of New Manufacturing Jobs

Ohio Conference on Freight Takes Economic Development Slant

City of Medina Grant Awards

Murphy-Hoffman Company

Call for Entries:  Economic Development Rock Stars Under Age 40


City Welcomes Economic Development Specialist

Ohio's Middle Market:  An Engine of Growth

Manufacturer Growing in Hocking County

Join or Renew your 2014 OEDA Membership

OEDA Job Listings

Spread your good news!
 
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Spread your good news!  Submit your press releases on your economic development successes to OEDA@assnoffices.com

Don't forget to follow @OhioEDA on Twitter to get the most up to date economic development information from across Ohio
 
 
 
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