WASHINGTON – The U.S. Small Business Administration (SBA) announced today the addition of three new clusters to the portfolio of communities it supports through the Regional Innovation Clusters initiative, raising the total number of clusters in the program to fourteen. “Clusters are public-private partnerships that are driving innovation and job creation in our most promising regional […]
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Region’s oil and gas drilling activity slows, as oil prices stay low
SALEM, Ohio — The number of permits issued for new shale wells continues to drop, not just in Ohio, but in West Virginia and Pennsylvania as well. To show how much the drilling and well permitting is slowing down, take a look at Bradford County where the shale boom began in 2008. The Pennsylvania Department of […]
SoleChoice honored for National Manufacturing Month
SoleChoice, a manufacturer of narrow fabrics, specializing in shoe laces as well as shoe care and foot care retail programs, located on Murray Street in Portsmouth has been named as one of five companies to be recognized during October — National Manufacturing Month — by the office of Secretary of State Jon Husted. “What it […]
River strategy released
Recently JobsOhio, along with a number of supporting agencies, released their strategy to market available sites for development along the Ohio River. Local officials are pleased with the strategy because it highlights the area, and the strategy was unveiled at an Ohio Freight Conference in Cincinnati. The strategy can be found on the website of […]
SOPA activities receive recognition
The Southern Ohio Port Authority (SOPA) staff and efforts were recently recognized with awards by the Ohio Economic Development Association (ODEA). It was announced in 2014 that Rural King would be locating a distribution center and store in Waverly. To get to that point a lot of work had to be done to make the […]
Jefferson port hears of successes
STEUBENVILLE – Investors in the Jefferson County Port Authority heard success stories from Ed Rice of Signs Limited and Ed Looman of the Appalachian Partnership for Economic Growth during the Wednesday morning quarterly authority investors meeting at East Gateway Community College. Rice told the investors he plans to build a 3,000- to 4,000-square-foot addition to […]
Thai company gets serious about possible Belmont County chemical plant
A giant Asian petrochemical company is taking the next step in a process that could lead it to build a multibillion-dollar petrochemical complex in eastern Ohio along the Ohio River. Thailand-based PTT Global Chemical said on Thursday that it will spend $100 million on engineering work over the next nine to 12 months at the […]
PTTGC America Set to Invest More Than 100 Million for Eastern Ohio Site
“We are delighted that PTT Global Chemical has committed $100 million to this next major step towards development of an ethane cracker in Appalachian Ohio. If built, the project will provide a huge competitive advantage to polymers companies locating in Ohio and lift up the entire region’s economy.” John Molinaro, President and CEO PRESS RELEASE: September […]
JobsOhio Grant to Fund Enviromental Cleanup at Barium & Chemicals, Inc.
PRESS RELEASE STEUBENVILLE – Deborah A. Venci, President, Barium & Chemicals, Inc., announced today that a $450,000 grant from the JobsOhio Revitalization Program will be used to complete an environmental remediation project at its facility at 515 Kingsdale Road, Steubenville, Ohio. The grant will help Barium & Chemicals retain 27 jobs and create five new […]
Chillicothe setting up development deal with Green Township
Chillicothe is eyeing a tax-sharing arrangement with neighboring Green Township that development officials say would bring new revenue streams to each community and spur business investment in the area. Setting up a Joint Economic Development District, like the one on 600 acres near Rickenbacker International Airport, could be structured to extend utilities and provide income-tax revenue to […]