Montrose Group’s Client Newark Arcade Wins Ohio Transformational Mixed Use Development Tax Credit

The Newark Arcade Project, a Montrose Group client, was one of 13 projects awarded the highly competitive Ohio Transformational Mixed Used District (TMUD) tax credit by the Ohio Tax Credit Authority on March 2, 2022.  The Ohio Tax Credit Authority approved these awards as part of the $100 million first round of the state’s new TMUD Program. The Ohio Department of Development reported there were $417 M worth of applications. 

Wilmington Air Park Highest Volume Cargo Airport in Ohio

The Wilmington Air Park was ranked the highest volume airport in Ohio for cargo shipped for 12 consecutive months as of the end of 2021. That volume also makes it the 25th busiest airport in the United States based on pounds of freight transiting the airport. The volume of freight processed at the airport, according to the Bureau of Transportation Statistics, is 512 million pounds for the 12-month period through December 2021.

Celebrating, Honoring and Supporting Uptown’s Unique Black-Owned Businesses

Last month, during Black History Month, a month dedicated to learning more about Black history, Uptown Consortium, Inc. (UCI) kicked off a new video series to celebrate Black culture and shine a spotlight on the unique Black-owned businesses in Uptown. There are all kinds of ways to celebrate, but one of the most meaningful ways is to put your dollars where it counts and support Black-owned businesses all year long. 

Clinton County Port Authority Recognizes 6th Annual SBDC Day

(Wilmington, Ohio) To celebrate the collective impact and success America’s Small Business Development Center (SBDC) Network has across the nation and in local communities each year, America’s SBDCs are hosting the sixth annual SBDC Day on Wednesday, March 16. For over 40 years, the America’s SBDC Network has helped millions of men, women, veteran, and minority entrepreneurs and small business owners start and grow their businesses. Whether SBDCs are serving rural America, addressing a solution in biotech, or helping a minority business expand to global exporting, SBDCs are at the forefront, assisting their clients every step of the way.

Electric Vehicles to Drive Major Corporate Site Location Projects

Nickolas Otto in 1876 invented the four-stroke internal combustion engine in which in which combustion occurs (aka burning) inside the engine rather than in a separate furnace generating motive power by the burning of fuels such as petrol and oil.[i]  Considering the fact that the $3.6 T global automobile industry[ii] for the most part still runs on oil in an internal combustion engine, Otto’s invention has had a pretty good run.  Signs are that run is going to slow substantially and the global automobile industry is going to undergo a major transformation as the manufacture and sales of electric vehicles (EV) is on the rise.