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

Port Authority Celebrates Award-Winning SBDC Member

(Wilmington, Ohio) The Clinton County Port Authority is pleased to congratulate David Riggs, Director of the SBDC at Miami Regionals, for being named Ohio’s SBDC State Star in 2021.

America’s SBDC, the national association that represents the nationwide network of Small Business Development Centers (SBDCs), annually recognizes one outstanding SBDC employee from each of its 62 members. This outstanding employee exhibits exemplary performance, makes a significant contribution to their state or regional SBDC program, and shows a strong commitment to small business. Using a peer-based selection process, the Ohio SBDC network selected David Riggs for Ohio’s SBDC State Star.

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Tiffin Foundry and Machine to invest in new machinery and equipment

Tiffin Foundry and Machine has announced it will purchase new machinery and hire more staff with assistance from a $50,000 JobsOhio Inclusion Grant. Tiffin Foundry has eight employees in Tiffin, and has an additional operation in North Ridgeville, Ohio.

JobsOhio’s grant, secured with assistance from the Regional Growth Partnership, will support a planned $321,923 in machinery and equipment upgrades and three new jobs. In addition, Tiffin Foundry and Machine worked with Tiffin-Seneca Economic Partnership and OhioMeansJobs – Seneca County on other potential incentives to support the company’s growth.

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