Ohio awards $20 Million in PPE Retooling and Reshoring Grants

Aug 2, 2020 | News, Newsletter

Dan Bowerman
Ohio Development Services Agency

 

 

Lt. Governor Jon Husted announced the Ohio Development Services Agency awarded $20 million in grants to 68 Ohio manufacturers to produce personal protective equipment (PPE) and help ensure the safety of Ohioans during the coronavirus pandemic.

The Ohio PPE Retooling and Reshoring grants provide up to $500,000 to small and medium-sized manufacturers to expand production or convert their facility to start producing PPE including cleaning and sanitizing products, community dividers, components for ventilators, masks, face shields, gloves, gowns, hand sanitizer, nasal swabs, surgical masks, and thermometers.

The projects are expected to create 829 new jobs and retain 1,133 existing jobs. More than half of the awards will help small businesses with fewer than 25 employees. Grant funds can be used to retool or expand existing facilities in Ohio, construct new facilities, purchase equipment, or upgrade technology.

Ohio small businesses can learn more about other resources available through Office of Small Business Relief and Development at Coronavirus.Ohio.Gov/BusinessHelp.

Capitalizing on rural corporate site location opportunities

Rural communities are prime targets for companies considering a corporate site location project. Rural areas in the U.S. cover 97 % of the nation’s land area but contain 19.3 % of the population who are more likely to own a single family home, are older and less likely to hold a bachelor’s degree or be in poverty than their urban counters.

read more

AEP Names Wells Vice President, Sales, Economic and Business Development

American Electric Power (Nasdaq: AEP) has promoted Timothy J. Wells to vice president, Sales, Economic and Business Development, effective Nov. 2, 2020. Wells replaces Mark James who retired last month.

Wells, 55, will lead AEP’s efforts to attract new commercial and industrial customers to its service territory and help existing customers take advantage of AEP’s growing menu of business consultation services. AEP has unique expertise in the energy field and has become a trusted energy advisor to many of its larger customers. Wells will be responsible for leading growth in services that fall outside of the distribution and transmission of electricity, in addition to helping communities bring new jobs to their local economies.

read more