The old GM assembly plant in Moraine is largely empty, but has been purchased and maintained by a major industrial realtor.
Credit Lewis Wallace / WYSO
The state of Ohio has announced plans for Chinese auto-glass manufacturer Fuyao to take over more than a million square feet of the former General Motors plant in Moraine, south of Dayton. The news is a major breakthrough for southwest Ohio, which has been struggling for decades with the slow trickle-out of major American manufacturers from the area.
A top lobbyist for Ohio's oil and gas drilling industry is urging state lawmakers to support a package of tax revisions advanced as an alternative to an earlier plan by Republican Gov. John Kasich.
At a packed hearing Wednesday, Ohio Oil and Gas Association executive vice president Tom Stewart supported a bill introduced last month. It would raise the severance tax rate on horizontally drilled wells by 1 percent, then 2 percent, while rolling back similar taxes on traditional wells.