JobsOhio is contributing $30 million to a Belmont County ethane cracker plant project that could be one of the largest investments in Appalachia’s recent history. But even the prospective joint venture behind the enormous project still can’t formally say it’s committed to the project. The grant, one of the largest single incentives ever put forth […]
News & Blog
AMG Vanadium Building New Plant in Muskingum County
New Eastpointe Business Park facility will add at least 100 new Southeast Ohio jobs AMG Vanadium, the world’s leading provider of resid spent catalyst recycling and metal reclamation services, has purchased a site for its second spent catalyst recycling facility in Muskingum County’s Eastpointe Business Park. The facility will create approximately 100 new production and management […]
Global Cooling announces job growth, seals deal with JobsOhio
Global Cooling plans to add more than 30 jobs at its facility in Theisen Industrial Park over the next two to three years, the company announced Friday. The industrial park is near The Plains, but has an Athens address. On Thursday, an agreement was executed with JobsOhio for the nonprofit economic development organization to provide […]
APEG to Hold First-ever Annual Meeting
Appalachian Partnership for Economic Growth (APEG) and our partner organization, Appalachian Partnership Inc. (API), are holding their first-ever ANNUAL MEETING next month. We plan to reflect, celebrate successes, recognize partners and present the final Regional Economic Development Prosperity Plan that’s in the final stages of development. Two meetings are scheduled–one in the north and another […]
New advocacy group formed to promote commerce along the Ohio River
PRESS RELEASE: Columbus (May 6, 2019) On Wednesday, May 1, 2019, a group of various stakeholders from industry, industry trade associations, port authorities, MPOs, RPOs and other Ohio River stakeholders met to form the Ohio River Coalition of Ohio (ORCO). A signing ceremony was held at ODOT’s office in Columbus, Ohio where members of the […]
Kenworth Chillicothe Plant Initiates $140 Million, 120,000 Square-Foot Expansion
Construction Begins on New Paint Facility CHILLICOTHE, Ohio, April 24, 2019 – Kenworth Truck Company held a groundbreaking ceremony today to officially announce the start of construction on a state-of-the-art $140 million, 120,000 square-foot paint facility addition to its Class 8 truck assembly plant in Chillicothe, Ohio. Kenworth will construct the new, environmentally friendly facility, […]
New JobsOhio President and Chief Investment Officer Visits APEG Region
JobsOhio announced a new President and Chief Investment Officer (CIO), J.P. Nauseef, earlier this year, and he officially assumed his position in early March. Shortly thereafter, he contacted each of the six regions to arrange “listening tours” and the APEG region was his first stop. On April 10th and 11th, J.P., along with four of […]
IHS Markit Study: Ohio Valley Region Will Supply Nearly Half of Nation’s Natural Gas by 2040
COLUMBUS, Ohio–(BUSINESS WIRE)–Mar 19, 2019–The Marcellus and Utica shale formations are among the largest sources of natural gas and natural gas liquids in the world, and their production will increase exponentially in the next two decades, according to an IHS Markit study released today at the World Petrochemical Conference in San Antonio, Texas. Natural gas […]
Ohio Valley Bank, Gallipolis, Recently Awarded Grant for Expansion
APEG, through JobsOhio, recently supported Ohio Valley Bank with a $200,000 Revitalization Grant to assist in the redevelopment of five underutilized adjacent parcels on Second Avenue in the City of Gallipolis, Gallia County. This grant is a small part of the overall project, as OVB will spend in excess of $7 million, with the scope of […]
Fortress Transportation and Infrastructure Investors LLC Announces Execution of Long Ridge Energy Terminal Fixed Price Power Sale Agreements and Financing
NEW YORK, Feb. 19, 2019 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI; the “Company”) has made a final investment decision to move forward with its 485 megawatt power plant project at the Long Ridge Energy Terminal. On Friday, February 15, 2019, an affiliate of FTAI executed long-term, fixed price power sale agreements with investment grade counterparties. In addition, […]
