OEDA Dateline Newsletter
  August 2015
 
 
 
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
 
 
2015 OEDA Annual Summit
"A World of Opportunity:  Economic Development in Ohio"


October 20 - 23

Columbus Marriott Northwest
5605 Blazer Parkway
Dublin, OH  43017

                       

Registration is now open for the 2015 OEDA Annual Summit!

  Registration is available through Monday, October 12th!

 

Click Here to view the full schedule of events, Summit registration info., and hotel room reservation info. 

Click Here to register online today! 
You may register by check or credit card via our online system.


You may book your hotel room now for the 2015 Annual Summit! A limited number of rooms have been blocked for the nights of October 19, 20, 21, and 22 at the discounted rate of $138 per night for single and double rooms. The reservation deadline is September 29, 2015.

You may make your reservation online by visiting http://www.ohioeda.com/AnnualSummit, or directly at https://aws.passkey.com/event/12892714/owner/2496028/landing. Or you may make your reservation by calling 1-800-Marriott - be sure to mention that you are booking your room in conjunction with the Ohio Economic Development Association Annual Summit.
 
 
OEDA Discount for Managing Economic Development Organizations Training

OEDA will be hosting the International Economic Development Council's professional development training, Managing Economic Development Organizations November 12-13, 2015 at the Sheraton Columbus at Capitol Square.

As an OEDA member, you may register by October 1, 2015 through OEDA's discounted rate $435.  You must use the discount code OH15 when registering.

Click Here to register by credit card.

Click Here to register by check, download the registration form to mail with your check payment of $435.

Click Here for more information
 
 
2015 CDFA Ohio Financing
Roundtable Conference


- Building Ohio's Future through Development Finance -

Tuesday, September 1, 2015
Columbus, OH

Click here for more information and to register.  

Because OEDA is a partner in this event, current OEDA members may register for this event at the CDFA member rate. 

Simply register choosing the CDFA member rate and put “OEDA” in the comments section. 

 
 
2015 Conference on Freight

This year the Ohio Conference on Freight will be in Cincinnati.  This conference addresses the reality that economic growth will increasingly depend upon our freight infrastructure.

  • Build professional capacity in all aspects of freight transport by disseminating best practices in supply chain and logistics.
  • Strengthen the ability of the public and private sectors to effectively plan, build, and maintain an efficient transportation network.
  • Examine and inform state and federal policies that support freight related economic development.

This year, the conference will feature the Inland Waterways Development Workshop.  This intensive workshop explores potential business opportunities along the Ohio River Corridor. Infrastructure facilities, investment sites, and other amenities will be reviewed along with a discussion of policies and enhancements in support of marine freight.

When:  September 14-16
Where: Hilton Cincinnati Netherland Plaza
Cost: Early Bird - $250, Standard $300
Web Link: http://ohiofreight.org/OCF_reg.htm

 
 
Ohio Statewide Asia Exports and Investment Seminar


The Ohio Development Services Agency (ODSA), Tractus Asia and MAG Ventures will host a series of business seminars promoting China and Southeast Asia from September 22 to October 1.  The events will be hosted in Columbus, Dayton, Toledo, and Akron. 

The seminars will discuss the region’s demographics, geography, economic trends, emerging industry sectors and export opportunities.  Other speakers will include GBQ Partners and Kegler Brown Hill + Ritter.

For more information, contact Tom Bainbridge, ODSA Export Assistance Program Manager at Tom.Bainbridge@development.ohio.gov or 614-728-3120.


 
 
Hudson launches City-Owned Fiber-Optic Broadband for Local Businesses

Velocity Broadband to provide faster, more robust service, making Hudson one of the first "Gigabit" Cities in the Midwest

City of Hudson
July 22, 2015
HUDSON, Ohio – July 22, 2015 – The City of Hudson is excited to launch a major economic development initiative that will position local businesses for growth and our city for future development.

City Manager Jane Howington and Assistant City Manager Frank Comeriato today announced the city’s formation of Velocity Broadband, and unveiled a logo for the new service that is so fast, and so robust, it will make Hudson one of the first “gigabit” cities in the Midwest. This will place Hudson on the forefront of technology, joining only a select few cities nationwide to offer high-speed, fiber-optic broadband Internet and voice services directly to the community. When up and running, the new fiber-optic Velocity Broadband system will provide a “gigabit” of speed—that is up to 100 times faster than any Internet available in Hudson and most cities today. This means residents will be able to download movies and games much faster and businesses will be able to operate at the speed of the market today.

Click here to read more.
 
 
Scott Industrial Systems
to open expanded facility



Dayton Daily News
July 29, 2015

Scott Industrial Systems, a Dayton-based fluid power distributor, will host a ribbon-cutting ceremony Friday to celebrate the expansion of its local headquarters, according to a media release.

The 18,000-square-foot expansion of Scott Industrial’s facility at 4433 Interpoint Blvd. strengthens the company’s hydraulic repair capabilities and opens the necessary floor space to take on more complicated engineering products, company officials said.

“Scott represents some of the largest fluid power manufacturers in the industry and we stock $6 million in products to fulfill our customers’ immediate requirements,” said Christina Logan, the company’s president, in a statement.

Click Here to read more.
Click Here to see the Scott Industrial Systems Ribbon Cutting
 
 
Fyda Freightliner

Zanesville-Muskingum County Port Authority
Matt Abbott, Executive Director

Fyda Freightliner will be opening a new location east of Zanesville in Muskingum County by 2016.  Fyda will offer truck sales, service, wholesale and distribution at its new facility.  The family owned and operated business since 1954 has Ohio locations in Columbus, Youngstown, Cincinnati, and Pennsylvania locations in Pittsburgh and Barkeyville.  The company plans to create 60 new full time positions at their 46,000 square foot facility and offer twenty-one service bays to its customers.  Fyda was named Truck Dealer of the Year in 2005 by Business Magazine and also Freightliner’s #1 Dealer Nationwide in 2007 by J.D. Power and Associates. 

 
 
Venture Capital Update:  Software and Expansion Dominate, Midwest Struggles

The Montrose Group, LLC

Tech start-up companies often measure success not just through product development, but by the amount of capital they are able to raise.  Due to the unique nature of many of these tech start-up companies that require substantial early stage capital before any customer is even approached, tech start-up companies focus on investments from venture capital funds and angel investors.

Read more at:

http://montrosegroupllc.com/venture-capital-update-software-and-expansion-dominate-midwest-struggles/

 

 
 
Apex Sports

Zanesville-Muskingum County Port Authority
Matt Abbott, Executive Director

Apex Sports and its owner William Wilson have brought softball manufacturing back to the United States after three decades.  Apex Sports is located in Zanesville-Muskingum County at the county’s business incubator, MCBI. According to a recent article in The Columbus Dispatch, “Apex Sports is serving a very small market of independent softball leagues and tournaments. Once he receives orders for 100 dozen balls a week, Wilson said he’ll focus on getting his softballs certified by the National Softball Association and the Amateur Softball Association.”   Currently each softball manufactured by Apex is done so by hand, which takes about thirty-five minutes to produce each ball.  The price of the softballs can range from $4.99 to $6.99 and can be customized with any logo.  Last year Apex Sports produced and sold 2.1 million softballs nationwide.  In the Columbus Dispatch article Wilson explained, “This stuff is American-made, and you don’t realize how much better it is until you start using it.”

http://www.dispatch.com/content/stories/business/2015/07/29/a-swing-and-a-hit.html

 
 
Top Ten Incentive Deals of June/July

The Montrose Group, LLC
  1. Investimus Foris to invest $265 million and create 85 jobs in Louisiana ammonia manufacturing plant: http://www.areadevelopment.com/newsItems/7-22-2015/investimus-foris-ammonia-manufacturing-pollock-louisiana675457.shtml
  2. Union Tank Car to add 200 jobs in Marion, OH: http://www.marionstar.com/story/news/local/2015/06/01/union-tank-adding-new-site-jobs-marion/28300627/
  3. Kroger adding 650 jobs, $45 million investment in Blue Ash, Ohio: http://www.bizjournals.com/cincinnati/news/2015/06/01/kroger-making-huge-investment-in-greater.html?ana=lnk
  4. Brown and Root to locate Corporate HQ in Baton Rouge, LA: http://www.nola.com/business/baton-rouge/index.ssf/2015/07/brown_root_building_new_baton.html
  5. GM to invest $1.4 billion in Arlington, TX plant upgrades: http://businessfacilities.com/2015/07/general-m-invests-1-4-billion-for-arlington-plant-upgrades/

Click here to read more.

 
 
Summit eligible to get grant

TechHire communities use federal money to train local job seekers in technology

By Jim Mackinnon
Beacon Journal business writer

Akron and Summit County are about to be named a TechHire community by the White House, meaning federal money will be made available to train hundreds of local job seekers for information technology positions.

The announcement is planned for Tuesday afternoon at the White House.

Sue Lacy, head of Summit Workforce Solutions, the lead local organization that applied for the TechHire funding, will be at the formal announcement in Washington.  The nonprofit Summit Workforce Solutions owns the Job Center property on East Tallmadge Avenue in Akron.

Click here to read more.
 
 
Economic Cluster Analysis Capitalizes on Local Assets in Growing Markets

The Montrose Group, LLC
A foundation for any strategic economic development plan is the creation of an economic development cluster analysis.  Substantial economic benefits exist for the location of common firms—the trading of workforce, common supply chain, infrastructure needs, common tax and other policy needs and other economic efficiencies bring companies in the same industry together.

Read more at:
http://montrosegroupllc.com/economic-cluster-analysis-capitalizes-on-local-assets-in-growing-markets/
 
 
Join or Renew Your 2015 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 2015, 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 Communications Specialist, City of Delaware,
Click here for more information.

Economic Development Manager, City of Grove City,
Click here for more information.


Director of Economic Development,
County of Cuyahoga,
Click here for more information.


Director of Economic Development, Lucas County Planning & Development, Click here for more information.
 

In This Issue
2015 Annual Summit October 20 - 23 Columbus Marriott Northwest

OEDA Discount for Managing Economic Development Organizations Training

2015 CDFA Ohio Financing Roundtable Conference

2015 Conference on Freight

Ohio Statewide Asia Exports and Investment Seminar

Hudson launches City-Owned Fiber-Optic Broadband for Local Businesses

Scott Industrial Systems to open expanded facility

Fyda Freightliner

Venture Capital Update:  Software and Expansion Dominate, Midwest Struggles

Apex Sports

Top 10 Tax Incentive Deals of June and July 2015

Summit eligible to get grant

Economic Cluster Analysis Capitalizes on Local Assets in Growing Markets

Join or Renew your 2015 OEDA Membership

OEDA Job Listings

Spread your good news!
 
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