Business

News
4:42 pm
Tue December 9, 2014

Fuyao To Hold Hiring Information Sessions This Week

Construction taking place at the former GM Moraine Assembly plant.
Credit Jerry Kenney/WYSO

As refurbishment of the old GM Moraine Assembly plant takes place, new tenant, auto-glass manufacturer Fuyao, will begin a series of information sessions for people looking for employment there.

Wednesday morning at Sinclair Community College, representatives will be on hand to provide information about the company and help applicants file resumes.

The company is working with OhioMeansJobs and Montgomery County to launch a major hiring effort that will fill more than 400 jobs by next spring, and hire close to a thousand employees by year end.

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The Economy & Business
7:30 am
Fri October 17, 2014

Columbus Area Agency Fails To Make Nationwide Loan Payments

The Franklin County Convention Facilities Authority bought Nationwide Arena in 2012 and gave the Blue Jackets free rent to keep the team from leaving town.
Credit Mike Small / Flickr Creative Commons

The complex deal to use casino-tax money to buy Nationwide Arena has hit a snag: there’s not enough money to make loan payments. Officials expected to pay off the loans with taxes from the new Columbus casino. But casino tax revenues are below projections. The city and county have not made a single loan payment for the arena.

A little history

To keep the Blue Jackets from leaving town, the Franklin County Convention Facilities Authority bought Nationwide Arena and gave the team free rent.

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The Economy & Business
6:28 pm
Tue September 30, 2014

Airstream Expansion To Bring New Jobs To Jackson Center

27 foot 1987 Airstream Sovereign built at the Jackson Center Ohio Airstream factory.
Credit Tdenton/Wikimedia Commons

The trailer company Airstream has announced a major expansion at its facility in Jackson Center, Ohio, 56 miles north of Dayton. The company is investing $5.9 million dollars in the project, and its parent company, Thor Industries, says the millions they’re putting into the expansion will allow them to increase office capacity and production of their famous silver travel-trailers by 70%.

Airstream is Jackson Center’s biggest employer, according to Village Administrator Bruce Metz.

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The Economy & Business
12:20 pm
Wed September 17, 2014

Officials Work To Boost Ohio's Aerospace Industry

On Monday, U.S. Sen. Sherrod Brown (D-OH) joined Airbus Vice President of Procurement David Williams and U.S. Rep. Mike Turner (OH-10) at the National Composite Center in Kettering at the fourth procurement conference held between Airbus and more than 90 Ohio aerospace manufacturers and suppliers.
Credit Jerry Kenney

State leaders are making a push to increase business between the state’s aerospace industry and aircraft manufacturer Airbus.  Toward that effort, state officials says they met with more than 130 representatives from 90 Ohio businesses this week. 

In 2013, Airbus spent $6.1 billion in Ohio. That puts the state at the top of the list for the company’s US spending, and Vice President of Procurement for Airbus Americas, David Williams says they want to buy even more of their parts and supplies here in Ohio.   

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Education
6:00 am
Mon August 25, 2014

Businesses Get On The Common Core Bus

Credit schoolfreeware / Openclipart

Business and education groups are expected to be in Columbus this week to defend the state’s Common Core curriculum in house hearings.

House Bill 597 would repeal the K through 12 educational standards, which are set to go into effect this school year—opponents see the standards as federal overreach. But business groups like the Dayton Area Chamber of Commerce have been on board ever since Ohio passed its version of the standards in 2010.

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