Emily McCord speaks to Dayton Business Journal editor, Don Baker, in the week's edition of PoliticsOhio. They discuss the impact of John Kasich's election on the Dayton business community, plans for Ohio's Third Frontier Program, and Kasich's commitment to privatizing the Ohio Department of Development and what that may mean for the region.
In 2009, Governor Strickland named Dayton as the Ohio Aerospace Hub of Innovation-It was an effort to promote the aerospace research in the area and to create jobs. Now, GE Aviation is partnering with the hub. It's called the Electrical Power Integrated Systems Research and Development, or EPISCENTER. Its focus is on making power systems for hybrid and electric vehicles, electric ships and aircraft and smarter power grids.
Foreclosures are on the rise in the Dayton metro area, with Montgomery County having the highest numbers. This comes from the foreclosure filing company, Realty Trac.
Montgomery, Greene and Miami Counties saw a 30 percent increase in foreclosure filings in August from the same time a year ago. Montgomery County had the largest increase from 663 filings in August 2009, to 884 last month. University of Dayton economist Richard Stock says because of recent jobs loss, this doesn't come as a surprise.