Ohio manufacturers are largely feeling upbeat about their future, according to a couple signs.
This week, the Small Business Administration announced that it’s made nearly 130 loans to northern Ohio manufacturers in this most current fiscal year, which looks to be on par with 2012. The total loans come to nearly 55-million dollars, well over twice the amount handed out in 2009 when the brunt of the recession came down on many regional companies and vendors.
The collapse of a garment factory last month in Bangladesh has put a spotlight on how workers that produce clothing for Western retailers are treated. It’s prompted the government there to raise the pay for those employees. As WYSO's Emily McCord reports, consumers in the US may be starting to pay attention as well.
President Obama is taking his message on how to boost manufacturing in the the US on the road Wednesday. As Emily McCord reports for WYSO, the President’s plans to invest in the manufacturing sector could help Ohio’s economy.
Honda says it will start building a new hybrid Accord sedan at its plant in central Ohio this year.
The auto maker announced today that it will invest 23 million dollars and add around 50 new jobs at the Marysville plant to build the 2014 Accord hybrid sedan. The car will be the third Honda hybrid model built in North America and will go on sale nationwide this fall.
The 95,000-square-foot Marysville plant is being expanded to house assembly processes for the production of the two-motor Accord hybrid.