IC Client, OhioSE, and JobsOhio have offered a $1 million development grant to expand operations of the General Mills production facility in Wellston, Ohio. The expansion of the facility is expected to increase the workforce to nearly 900 full-time employees. Jackson County Commissioners and the City of Wellston also assisted in securing the investment.
In 2019, Buckeye Hills Regional Council invested more than $68.5 million into support, development, and growth of its eight-county region. This investment includes project costs, matching funds, and private contributions. The Council's mission is to work cooperatively to improve its region comes to life through those who do the work.
Check out the Summer 2020 issue of ConnectED, the Ohio Department of Higher Education’s quarterly newsletter. The Innovation Center is featured on page 14 for its continued positive economic impact in Athens County. The Innovation Center supported 335 jobs that generated an estimated $22 million in employee compensation in in 2019.
Unirac, North America’s leading manufacturer of solar photovoltaic mounting systems, has successfully completed the acquisition of Ecolibrium Solar, a prominent solar racking manufacturer headquartered in Athens, Ohio. The acquisition represents a significant expansion of Unirac’s product portfolio, adding Ecolibrium’s innovative product range.
ACE member institutions are stepping up to support their local economies as cities and towns across the country continue to reopen. Ohio University's Innovation Center has continued offering virtual business development support and helping clients with 3-D printing design and product development through its small business incubator.
Two Ohio University I-Corps@Ohio teams, Paint from Pollution and Ohio Construction Composites, are spurring regional economic development in southeastern Ohio through the commercialization of wastewater as paint and coal plastic composite as building materials. I-Corps@Ohio highlights the business side of technology.
Two Ohio University I-Corps@Ohio teams, Paint from Pollution and Ohio Construction Composites, are spurring regional economic development in southeastern Ohio through the commercialization of wastewater as paint and coal plastic composite as building materials. Eight OHIO teams have participated in the program.
Ohio University’s Innovation Center supported 335 jobs that generated an estimated $22 million in employee compensation in Athens County in 2019, according to a new economic impact report. Over the last six years, the business incubator’s job creation numbers have increased 139%, and employee compensation generated from its client companies is up 273%.
This area is no stranger to hard economic times, even when the rest of the country’s economy has prospered. These communities’ struggles began after their main economic engines of resource extraction pulled out, and they’ve been through successive boom and bust cycles. In recent years, in Athens County in particular, the main source of jobs has been either in higher education, government or health-care.
Ohio University serves as a case study of an institution of higher learning that has expanded its involvement with communities over the last several decades. For example, the Ohio University Innovation Center serves the region by providing meeting space and laboratories as well as access to executive coaching and industry expertise.