The Economy & Business

Jobs
4:19 pm
Mon January 13, 2014

Fuyao To Bring At Least 800 Jobs To Miami Valley

Moraine Assembly has been mostly empty for five years.
Credit Lewis Wallace / WYSO

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.

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The Economy & Business
11:49 am
Fri January 10, 2014

Chinese Automotive Glass Company Fuyao Announces Plans For Moraine

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.

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The Economy & Business
10:39 am
Thu January 9, 2014

Chinese Auto-Glass Company Coming To Moraine Assembly Plant

UPDATE Friday Jan. 10, 11:55 a.m.: Chinese auto-glass firm Fuyao will be the company to purchase over a million square feet of the old GM plant. Find out more here.

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The Economy & Business
6:04 am
Thu January 9, 2014

Industry Lobbyist Pushes Revised Ohio Drilling Tax

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.

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The Economy & Business
6:00 am
Thu January 9, 2014

A New Tenant For The Old GM Site? WYSO's Lewis Wallace Talks To Mike Davis With The City Of Moraine

GM's Moraine assembly was once an iconic Dayton-area employer. Now, most of the 4 million square foot complex sits empty.
Credit Lewis Wallace / WYSO

UPDATE: On Thursday morning, Ohio U.S. Senator Sherrod Brown told WYSO he expects an announcement on the new tenant for the Moraine Assembly Plant as soon as Friday. Click here for the news.

It’s been just over five years since General Motors left its giant plant in Moraine, taking the last thousand jobs with it and spelling doom for Dayton’s economy, which once ran on the jobs provided by major industrial manufacturers like GM and NCR.

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