June 2016 Archive

Corvac happy to be here

Corvac Composites was officially welcomed to the state and to Greenfield on Thursday in a grand opening ceremony held at the Greenfield facility on North Washington Street.

The invitation-only event saw state officials and their representatives, local officials, representatives of area businesses and organizations, contractors and vendors, and Corvac officials and employees.

A ribbon-cutting ceremony included Greenfield City Manager Ron Coffey assisting Corvac President and CEO Jim Fitzell cut through a red ribbon draped in front a large piece of machinery in the gleaming manufacturing space.

Following the ribbon-cutting, remarks were offered by Sen. Bob Peterson (R-Sabina) and representatives from the offices of Ohio Speaker of the House Cliff Rosenberger (R-Clarksville) and U.S. Sen. Rob Portman (R-Ohio). Also in attendance were representatives from U.S. Rep. Brad Wenstrup’s (R-Ohio) office.

Peterson, who said that while he was a farmer he was “used to growing more than soybeans,” and that growing jobs and creating jobs is…

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Ohio’s ‘Shale Crescent’ to tout low natural-gas costs to recruit businesses

The Columbus Dispatch

Southeast Ohio leaders and others in shale country hope to attract large manufacturers and other businesses to their area to take advantage of what they call the lowest natural-gas prices in the industrialized world.

A campaign called “Shale Crescent USA” was launched Thursday to begin recruiting business to a region along the Ohio River that includes Marietta, Ohio, and Parkersburg, West Virginia. The region has plentiful natural gas from the Marcellus and Utica shale formations.

“Our ultimate goal is to create some high-paying, blue-collar manufacturing jobs,” said Jerry James, president and CEO of Artex Oil Co. in Marietta, who is helping to organize the campaign.

In marketing materials, an illustration of a crescent moon covers the region, pointing like a backward “C” roughly toward the Columbus and Cleveland areas.

The sponsors’ efforts got a boost with Shell’s announcement Tuesday that it is moving forward with plans to build an ethylene cracker plant in Beaver…

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Ohio Officials Use Geography as Downstream Selling Point

Downstream Today

“Location, location, location” has long been a mantra in real estate, but comments from officials with a stake in growing Ohio’s economy suggest the phrase nicely sums up the Buckeye State’s appeal to the downstream oil and gas industry as well.

“Ohio is a great place to be and JobsOhio and our partners will continue to leverage the oil and gas surplus of the Utica and Marcellus shale plays to build the state’s economy and drive capital investment,” David Mustine, senior advisor with the private economic development non-profit corporation JobsOhio, told DownstreamToday. Easy access to feedstocks from the Utica and Marcellus notwithstanding, Ohio enjoys “unparalleled access to customer markets” because it is located within a day’s drive to much of the U.S. population, he added.

Trades, Skilled Workers: Ohio Needs You!

Nearly $7 billion in proposed shale gas projects in Ohio would add approximately $4.9 billion to the state’s already significant chemical industry output,…

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