Ohio: An Energy Powerhouse

Jun 26, 2019 | News, Newsletter

Matt Cybulski
JobsOhio

 

For years, the Gulf Coast was recognized as the place in North America for energy investment. Today, energy investors are turning their gaze to Ohio.

As you know, Ohio sits atop much of the Utica and Marcellus shale formations, a source of vast amounts of natural gas. This has largely contributed to a rising interest from energy companies in investing in Ohio. These shale formations have brought about more investment opportunities, no matter where in the state companies choose to invest.

In Northeast Ohio, the Risberg pipeline development was a critical component for landing the Petmin USA project, a nearly $350 million investment from Petmin Holdings, which is South Africa’s largest producer of metallurgical anthracite coal.

JobsOhio created a video that summarizes the story of Ohio as an energy powerhouse. The video was shown at the JobsOhio public board meeting on June 17. You can view the video below. This video, as well as our other videos, are available for your use when speaking to companies about what Ohio has to offer.

 

Click Here to Watch

2019 Annual Excellence Awards – Call for Nominations

The Ohio Economic Development Association’s annual Excellence Awards program recognizes the achievements of individuals and organizations in Ohio in the areas of economic and workforce development. Submit your nominations today and have excellence in your community recognized statewide!

A panel of judges will assess the nominations, determine finalists, and select a winner for each of the categories noted below. Award winners will be announced at a ceremony during the OEDA Annual Summit to be held October 16-18 at The Renaissance Columbus Downtown. All award finalists and winners will be notified prior to the Annual Summit so as to make appropriate arrangements.

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Groundbreaking Celebration in Chillicothe

Ninety percent of the Kenworth Class-8 global truck volume is built in Chillicothe, Ohio!

On April 24, 2019, the community celebrated the groundbreaking for a new paint facility that will improve efficiency and preserve the quality of The World’s Best Truck.  The project represents $140 million in capital investment and will bring 100 new, great paying jobs to Ross County upon its completion in 2021.  The Kenworth Chillicothe plant, which opened in 1974, currently employs more than 2300 people.  In addition to the new paint facility, a $30 million robotic cab assembly system will be installed this summer.

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