The Appalachian region is beginning to attract investment in petrochemical facilities. Growing natural gas production in the region is a major draw for chemical companies, which use fossil fuel byproducts to make plastics. A second petrochemical hub in Pennsylvania, Ohio, Kentucky and West Virginia would compete with facilities on the U.S. Gulf coast and create […]
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Thai company moves ahead with land purchase for petrochemical plant
An Asian company considering building a giant petrochemical plant in eastern Ohio has bought land that could be used for the project if it moves forward. PTT Global Chemical of Thailand bought the 168-acre site in Belmont County last month from Akron utility company FirstEnergy for $13.8 million, according to Belmont County property records. The […]
NCB ranked one of best employers in Ohio for third year in a row
National Cooperative Bank (NCB), a leading financial institution which provides banking products and services to southern Ohio and the nation’s cooperatives, their members and other socially responsible organizations, is pleased to announce that it has been ranked number 20 on the large companies list for the 2017 Best Employers in Ohio. This is the third […]
County learns about new development tool
CHILLICOTHE – “Another arrow in the (economic development) quiver” is how the creation of the new Appalachian Growth Capital was presented to the Ross County Commissioners Monday afternoon. Slated to start lending around July 31, the new organization is a Community Development Financial Institution (CDFI) designed to work with banks and other lenders to fill […]
Refractory business breaks ground on new South Point site
SOUTH POINT, Ohio – Representatives from HarbisonWalker International, the largest supplier of refractory products and services in the U.S., joined with local business and government leaders at The Point Industrial Park on Thursday to break ground for construction of its new facility. “Our new South Point plant exemplifies the future of our company and in […]
Regional development group presents Nelson with award
WALNUT CREEK — Mark Nelson is one local business person who really does love where he lives. The president of Nelson Fine Art & Gifts located at 980 Lincoln Ave., Steubenville, constantly is working to help redevelop the city’s downtown economy and give it a new base in manufacturing and tourism. He was honored on […]
Coshocton plant wins excellence award
COSHOCTON – Kurt Bain, Kraft Heinz Company Coshocton Plant Manager accepted the Excellence Award in the Large Manufacturer category at the 2017 annual EODA meeting held at the Carlisle Inn in Walnut Creek on Friday, April 28. Coshocton Port Authority Executive Director Dorothy Skowrunski, who also serves as secretary for the Eastern Ohio Development Association […]
UPDATE: Carbon finishing plant expected to bring 200 jobs to Ironton
LAWRENCE COUNTY, Ohio (WSAZ) — Around 200 jobs are expected to be created by a new plant coming to Ironton, according to Dr. Bill Dingus, executive director of the Lawrence Economic Development Corporation. Dingus says the announcement is a sign of the rise in industrial development in the Tri-State. “It’s interesting because we’ve gone for […]
JobsOhio adds online site-selection tool to search for available properties
JobsOhio has introduced a new online search tool for locating commercial real estate sites. The private economic development organization is touting SiteOhio as a way for companies to “find the perfect site.” SiteOhio is a way for companies to search for available expansion sites. The search function, available here, identifies project sites ready for immediate […]
New Power Plant Slated for Former Ormet Site in Monroe County
HANNIBAL — A new natural gas-fueled power plant is being developed at the former site of Ormet Aluminum Corp. in Monroe County. Ormet closed its facility in 2013 due to high electricity costs at the time and the inability of the Public Utilities Commission of Ohio to grant the rate relief the company said was […]
