U.S. Air Force officials have ordered a cost-benefit analysis to see if moving its Office of Scientific Research to Wright-Patterson Air Force Base from Virginia would make sense. The move could bring 170 jobs with it. Click here to read more.
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Local Banks Report Higher Earnings
Local banks reported higher earnings higher earnings in 2013. This is seen by experts as another sign of recovery. As people and businesses feel better about the state of the economy, they tend to borrow more money. This is good news for our local economy.
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Fuyao Glass to Invest $200 million in GM’s Former Morraine Plant
The new plant will bring about 800 new jobs to Moraine. Hiring of managers to begin in May, 2014. Fuyao, headquartered in Fuzhou, China, employs more than 18,000 workers globally and plans to use its new Moraine facility to supply its growing U.S. customer base, including GM, Chrysler, Hyundai, Honda and Kia. Â Click here to read the full press release.
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Nestlé Chooses Ohio!
Today Gov. John R. Kasich released the following statement in response to the announcement that NestlĂ©, the worldâs largest food company with more than $98 billion in sales, will relocate its NestlĂ© USA Pizza Division from its present location in Northbrook, Illinois to Solon, Ohio. NestlĂ© USA is expected to create approximately 250 jobs in Solon as a result of the move. âWhen one of the worldâs...
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Important Information for Minority Businesses in Ohio
The Ohio Minority Business Development Division now has a minority tab on the Development webpage. (more…)
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