State of Perfect Balance

FEATURED STORY:
Ohio Continues to Lead the Nation to Energy Independence

Ohio Wind EnergyOhio Governor Ted Strickland announced on May 24, 2010, a new partnership between GE and the Lake Erie Energy Development Corporation (LEEDCo) to harness the wind power of Lake Erie and develop the first fresh water offshore wind farm in North America. Strickland made the announcement at the American Wind Energy Association's annual WINDPOWER Conference in Dallas.

"Ohio's greatest potential for creating advanced energy is offshore in Lake Erie, and this partnership marks a significant step forward," Strickland said. "In Ohio, we have all the right assets to make offshore wind energy successful, including an innovative workforce and the manufacturing strengths that would allow us to build all the component parts for wind turbines. This partnership will not only advance offshore wind energy technologies, it will also advance Ohio's economy."

"Ohio is well-positioned to lead the nation to energy independence. This announcement further demonstrates how the state is rapidly becoming an ideal location choice for companies in the wind energy industry," said Ed Burghard, executive director of the Ohio Business Development Coalition. "Ohio is a world leader in advanced manufacturing, advanced materials and advanced design. These capabilities are being leveraged to help Ohio become the world's leading manufacturer of OEM and parts for the advanced energy industry. Every form of advanced energy can be researched, developed and supported in the state—Ohio truly is the State of Perfect Balance."

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FEATURED EXECUTIVE:
Warren Anderson
Anderson-Dubose Company

Ohio Business GrowthOpportunity is a businessman's highway to success—especially when that businessman is Warren Anderson.

As owner of Anderson-DuBose, a logistics company specializing in food service distribution, Warren has found that Ohio's central location and world-class transportation infrastructure reduce operating expenses and provide greater opportunities to reach new milestones in growth and prosperity.

Warren has also found a personal advantage to running a successful business in Ohio. The same interstate system that speeds his trucks to their destinations also speeds him home to family and the pastimes he enjoys most—boating on nearby Lake Erie, attending his children's sporting and ballet events and catching a Cavaliers game at the Arena."

Time for work and time for play. It all adds up to the State of Perfect Balance for Warren's business and his family.

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FEATURED TOPIC:
Ohio's Growing Film Industry Shows Hollywood Glitter Isn't All That Counts

Ohio Business GrowthA business that was once completely dominated by studios in Hollywood has undergone a radical makeover in recent years due to digital photography, independent filmmakers and financial lures by states and even foreign countries that have given California a run for its money in holding onto the industry it was known for.

Ohio jumped onto the playing field last year when the state enacted a refundable tax credit of up to $5 million per movie, 35 percent of wages for Ohio cast and crew and 25 percent for non-resident wage and non-wage expenditures. It is capped at $30 million over 2010 and 2011.

The new incentives have already caught the attention of filmmakers, says Jeremy Henthorn, director of the Ohio Film Office.

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FEATURED TOPIC:
Byrd Polar Research Center's Mosley-Thompson Describes Center's Role At 50

Ellen Mosley-ThompsonTucked away on the west side of the Ohio State University campus is the Byrd Polar Research Center—an international leader in polar and alpine research that is celebrating its 50th anniversary this year.

hiVelocity spoke with Director Ellen Mosley-Thompson, who came to OSU on a graduate fellowship and never left. A professor of geography, leading expert in ice core paleoclimatology and frequent flyer to Antarctica and Greenland, her responsibilities include caring for 7,000 ice cores stored at 30-below in the bowels of Scott Hall.

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June 2010 Newsletter


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Enterprise Appalachia Offers Entrepreneurs Real Best Practices for Supply Chain Optimization

Experts have identified four criteria that make up an ideal location for entrepreneurial business development: access to business capital and support services, access to supply chain and markets, access to knowledge and labor, and access to a balanced life. Inc. magazine recently announced development of a series of white papers that will help Ohio entrepreneurs evaluate potential locations for starting or growing their businesses. The most recent paper, “Real Best Practices for Supply Chain Optimization,” outlines how entrepreneurs and small business owners can find ready access to supply chains and markets in Ohio’s Enterprise Appalachia.

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Featured Data: Ohio Fuel Cell Technology

Ohio has the greatest concentration of applied fuel cell technology in the world and is one of the few places where all phases of fuel cell development can be found, from research and development, to component supply, to final product manufacturing. America’s growing demand for alternative energy sources has intensified the quest for commercially viable fuel cell technology.

As a longtime leader in the energy industry, Ohio is aggressively supporting fuel cell technology businesses with economic development incentives and coordinated research and commercialization efforts.

Download the Ohio Fuel Cell Technology Brochure »


Featured Region: Dayton

North Carolina may call itself the birthplace of aviation, but Dayton—as the birthplace of Orville and Wilbur Wright—is the real McCoy.

Now home to Wright Patterson Air Force Base—with some 22,000 employees, it's one of the state's largest employers— Dayton continues to be first in flight while also emerging as a leader in Ohio's new economy. A rising tide of high-tech firms and world-class partnerships between business, government and academia (University of Dayton, Wright State University, Sinclair Community College and others) have the Dayton region positioned for a surge.

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Toledo Reinvents Itself As a Solar-Power Innovator

Like many manufacturing cities, Toledo has struggled with the loss of jobs and tax revenue, but it has taken pieces of its past as the glass capital to create a new future in solar energy.

The payoff so far: At least 6,000 people work in the area's solar industry. First Solar (FSLR), which makes solar panels, was founded here and employs more than 1,000 at its 900,000-square-foot plant here.

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Ohio News

Ohio News Updates

June 2010
Enterprise Appalachia Offers Access to Supply Chain, Markets
According to a new Inc. magazine white paper, Ohio’s Enterprise Appalachia Region—located within 600 miles of 60 percent of the U.S. population—offers entrepreneurs a competitive advantage by providing ready access to commercial networks in Ohio and surrounding states.

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June 2010
Ohio's Aerospace Industry Attracts Makino Global R&D Center
Makino, a world leader in advanced manufacturing for the aerospace industry, cites Ohio’s world-class aerospace supply chain, capabilities in technology development and long history of aerospace innovation for its decision to locate its global titanium R&D center in Ohio.

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May 2010
Ohio Third Frontier Plays Key Role in Ohio's Business Redesign
In a state well known for its long history of traditional jobs in manufacturing and agriculture, Ohio Third Frontier is credited for Ohio’s redesigned business climate.

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Ohio In The News

Columbus chosen as site for battery plant, 1,000 jobs
Coda Automotive has chosen central Ohio as the site for a planned battery plant, a company official confirmed today, a move that could bring roughly 1,000 jobs to the region.

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Ohio awarding 'hub' status to Cleveland's Health-Tech Corridor
Gov. Ted Strickland announced that the newly formed Cleveland Health-Tech Corridor, stretching from University Circle to Cleveland State University, will be designated a "Hub of Opportunity and Innovation" by the state. The hub status brings with it a $250,000 matching grant and priority status for millions of dollars in grants and loans.

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News From hiVelocity

Shrinking right: How Youngstown is miles ahead of Detroit
Last month, Terry Parris Jr. took a look at Youngstown and its northern neighbor. He found that while Youngstown and Detroit share common economic challenges, each has tackled its problems differently.

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The ecological footprint, er, hoofprint of a cow
What kind of footprint do cattle leave on the environment? Doc Sanders explores cow burps and modern dairy practices.

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