GROWTH COMING to Jefferson County via its port authority is expected to continue increasing throughout 2015, with cooperative approaches to possible new ventures also on the rise, according to Evan Scurti, the first executive director of the local authority.
And, even though there is unprecedented regional growth being seen directly associated with the gas and oil industry, the gaze of the leadership team at the Jefferson County Port Authority is much broader than simply focusing on a single industry or a single part of the community.
“Our goal is to provide comprehensive economic development services to a variety of sectors, always with the goal of increasing opportunities for gainful employment,” Scurti said.
The county’s planned industrial park has only about 40 acres left.
“With no other comparable setting in the county, we are working on future port ownership and or development scenarios,” he recently explained.
“Aside from modern industrial parks, the…
“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….