“I love your tile.”…
Bring up the Panama Canal to most Ohioans and they’ll likely raise an eyebrow at the suggestion the 100-year-old waterway can lead to jobs in Ohio.
Since 2007, the canal has been the center of a $5 billion project, the first serious upgrade since it was opened in 1914. The expansion, expected to be complete next year, will allow larger ships to make it through to the East Coast, leading to cheaper shipping to and from Asia.
Although it’s discouraging news for West Coast ports, for the East and Midwest, the shift in shipping traffic will be an economic boost.
“It really improves our position in terms of distribution out and shipping our products internationally,” said Chris Manegold, CEO of the Economic Development Alliance of Southern Ohio.
Appalachian Ohio could benefit most, in part because the Ohio River could receive goods from the canal…
A convoy of trucks hauled water through the snow for a frack job at the Rice Energy Gold Digger Utica shale well along Ohio 9 last week, a sign the Ohio natural gas rush is not stopping in the face of lower selling prices.
Figures released by the Ohio Department of Natural Resources show there are now 1,800 permits for Utica Shale drilling across the Buckeye State, with the vast majority of the activity taking place in Belmont, Monroe, Harrison, Noble, Guernsey, Carroll and Columbiana counties.
“Our operators are continuing to see positive results from the Utica shale. That will continue to foster development in this area,” Shawn Bennett, executive vice president of the Ohio Oil and Gas Association, said. “Reaching that 1,800 permit milestone shows this is a viable play.”
Information from the U.S. Energy Information Administration shows the Utica is now producing 1.86 billion cubic feet of natural gas per day….
HARRISON COUNTY, Ohio – Officials in Harrison County introduced the county’s first Director of Economic Development on Wednesday.
Nicholas Homrighausen has been on the job for about a week. “I think we hit the jackpot in getting him,” Harrison County Commissioner Bill Host said. “He’s got a real good background and education in economic development and marketing.”
Homrighausen said what the position is involves having a centralized location for business and commerce in the county where he’s the main contact. He will work with the commissioners and the Community Improvement Corporation to spearhead development in the county.
“It’s to help this county grow to its best potential,” Homrighausen said, “which I think has been lacking for some time because there’s not been a dedicated full-time position to help with that.” Homrighausen will be a resource for new and existing businesses. One of his first goals is to compile a list of available properties…