Newly sworn-in Dayton Mayor Nan Whaley was at the U.S. Conference of Mayors Jan. 22-24, and she came back with some insights about what mayors can do to grow jobs and make the most of natural resources.
Last week’s big news that a Chinese company will take over a large part of the old GM plant in Moraine is still reverberating throughout the Miami Valley. Officials say the automotive glass manufacturer, Fuyao, is expected to bring at least 800 jobs by 2017.
It’s the biggest job-creation win so far for Governor John Kasich’s semi-private economic development arm, JobsOhio.
The second full year of operation for the state’s public-private economic development organization was nearly as rocky as its first one. Gov. John Kasich has made it clear many times that he stands behind his keystone creation JobsOhio. At his final public speech in December, he called it “the most important economic development tool in America.”
“JobsOhio went through some political nonsense, and that – we’ve kind of cleared the brush on that, I guess they’ve kind of given up on that. And now this organization is starting to grow.”
A group critical of JobsOhio says the California native brought in to be its first president may have used that position to set himself up for a big payday later.
The liberal group Progress Ohio has been trying to find out about the deals Mark Kvamme has been striking with his firm Drive Capital since leaving JobsOhio. Progress Ohio’s Brian Rothenberg says based on a similar proposed deal with one of the state’s pension funds, Kvamme could net $9 million in fees, half a million in expenses and 20% of future profits from The Ohio State University’s investment in his company.