ATHENS— Ohio University has received a $2 million grant from the Appalachian Regional Commission’s Partnerships for Opportunities and Workforce and Economic Revitalization (POWER) program to create a 28-county regional innovation network in Ohio, West Virginia and Kentucky.
The goal of the program is to create 125 new businesses and 1,110 jobs and raise $25 million in company investments from public and private sources over the next six years.
“Throughout Ohio University’s 212-year history, we have witnessed the fallout from closures of coal operations, power production facilities and industrial suppliers across this great region. We recognize our responsibility to extend beyond our campuses to engage communities in economic development activities that create jobs and improve lives,” said Ohio University President Roderick J. McDavis.
Ohio University’s Innovation Center, an incubator for small high-tech businesses, and partners from across the tristate region will work collaboratively on the Leveraging…
MIDDLEPORT — Questions arose as to the value of investing in an outdated plant in southeastern Ohio after Nidec Corp. of Japan acquired Akron-based Imperial Electric Co. in 2012.
The Middleport facility needed state-of-the-art equipment and improvements to play a key role in the expanding elevator industry.
After careful consideration of factors such as the plant’s central location, its highly trained workforce, and support from government, business and community leaders, Nidec made the decision to keep the facility open.
Meigs County JobsOhio, a private nonprofit designed to drive job creation and new capital investment, and AEP Ohio, a unit of American Electric Power, were among the organizations instrumental in convincing Imperial Electric to make the needed investment with their commitment of grants for $200,000 and $50,000, respectively.
Nidec officials say their $3.2 million Middleport investment reflects Nidec’s commitment to establishing their reputation as a global leader in the production of elevator systems.
Pradeep Sood, president…
PAS Technologies announced Thursday that its Hillsboro facility has achieved gold status, the highest level of achievement in the Performance eXcellence Process™ (PXP™), the Company’s lean operating system.
PXP™ Gold certification signifies that the PAS Hillsboro facility, the first PAS operation to have achieved this accreditation, is operating at world-class standards for all aspects of the business—customer satisfaction, environmental health and safety, quality, on time delivery, financials and employee satisfaction.
Operating globally in six locations, PAS is a specialized provider of cost-effective original equipment manufacturing (OEM) and maintenance, repair and overhaul (MRO) products, services and solutions for the commercial and military aerospace, industrial gas turbine and oil and gas markets. The company’s highly engineered, innovative products are world-renowned for advanced technology and unsurpassed reliability.
The PAS Hillsboro facility is a proven provider of OEM engine-ready parts and MRO special processes and services, driving world-class performance and trusted to consistently deliver operational excellence. As a…
When it comes to art, the last thing that comes to mind for some, would be shoelaces. But Kelly Babcock of EBEE design has helped to revitalize an industry that’s been a staple of Portsmouth’s economy for over 100 years.
By redesigning the SoleChoice factory catalog, Babcock was able to attract new business to the company and create a piece of art.
Babcock worked alongside SoleChoice leaders Nelson Smith, Bryan Davis and Ryan Bouts to rethink the design and product catalogs, showcasing the products in a new manner for buyers and designers.
“Nelson, Bryan and Ryan were really integral in the whole project,” said Babcock. “They had their hands in it throughout. We all collaborated closely to create these new catalogs.”
Traditionally, these type of projects would be sent off-site to print houses.
“We went in with the intention of disrupting what had always been the norm,” explained Babcock. “At SoleChoice, they actually have a…