Author Topic: Mansfield-Ashland: General Business & Economic News  (Read 36847 times)

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Offline jdm00

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Re: Mansfield: General Business & Economic News
« Reply #140 on: April 22, 2011, 10:16:06 AM »
When will they know for sure on this Calisolar deal?  That would be a great thing!

Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #141 on: April 22, 2011, 02:20:50 PM »
^I don't think that they have made their final decision yet, but there was in article in the News Journal that said they "hoped" to locate in Ontario and that they would like to start construction in September or October.

Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #142 on: May 24, 2011, 11:15:34 AM »
Mansfield, Richland jobless rates drop in April
Written by MNJ.com

COLUMBUS Data released today shows a drop in unemployment for Richland County, Mansfield and surrounding counties.


Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #143 on: May 25, 2011, 10:54:06 AM »
Grill opening in Mansfield carousel district
Written by Lou Whitmire

MANSFIELD -- A new restaurant will open soon in the Carrousel District, at a site that historically has been a barometer of sorts for the local economy.

The City Grille is scheduled to open by the end of June in the former Brant's Bistro site, 37 E. Fourth St., according to owners Melissa Banks and Bobby Petrovski, of Mansfield. Banks said the restaurantwill offer casual dining and be open for dinner initially.

Jamie Thompson, co-director of Downtown Mansfield Inc., said, "It's very exciting to see entrepreneurs following their dreams and opening new businesses downtown. Downtown as a whole has not been as affected as other areas of our community as far as the economy goes.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #144 on: June 16, 2011, 04:10:13 PM »
Calisolar gets $275M loan guarantee, with strings
2:03 PM, Jun. 16, 2011  |   Written by News Journal staff report

ONTARIO Calisolar has received a $275 million conditional loan guarantee from the U.S. Department of Energy to help build a solar products manufacturing facility in Ontario.

U.S. Senator Sherrod Brown and the U.S. Department of Energy Secretary Steven Chu announced that development at 1:45 p.m. today.

The conditional loan would help Calisolar begin manufacturing, most likely in the former GM stamping plant in Ontario, Brown said.

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Also posted in the Ohio General Business Section

Solar-energy firm expected to add 1,100 jobs near Mansfield
$275 million federal loan guarantee announced for Calisolar
Thursday, June 16, 2011  01:40 PM
Updated: Thursday, June 16, 2011 02:45 PM
By Tim Feran

The Columbus Dispatch
The Mansfield area could gain more than 1,000 permanent jobs as a result of a loan guarantee announced today that will allow an alternative-energy company to build a plant in the area.

The U.S. Department of Energy announced this afternoon that it is offering a $275 million loan guarantee to California-based alternative energy manufacturer Calisolar Inc. to expand its operations in Ontario, located just west of Mansfield in Richland County.

The manufacturer plans to build its new plant on the site of the former General Motors plant, creating nearly 1,100 permanent jobs and up to 1,000 construction jobs.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #145 on: July 02, 2011, 01:45:40 PM »
Calisolar president to Ontario mayor: We're not coming to Ohio
Company says it can't meet construction deadline on fed loan
6:53 AM, Jul. 2, 2011  |   Written by Lou Whitmire

ONTARIO -- Mayor Larry Collins said Friday that Calisolar will not be coming to Ohio.

Officials from the Sunnyvale, Calif., company informed him of their decision just before 5 p.m. According to Collins, company president Sandra Beach Lin said the company could not meet the September construction deadline to qualify for a federal loan if it came to Ontario.

Last month, Calisolar received a $275 million conditional loan guarantee from the U.S. Department of Energy to help build a solar products manufacturing facility in Ontario. The deal was announced in June by Sen. Sherrod Brown, D-Ohio.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #146 on: August 18, 2011, 11:45:12 AM »
20 Therm-O-Disc Mansfield jobs going to Mexico
Written by Jami Kinton


MANSFIELD -- Therm-O-Disc announced Tuesday it will shift about 20 jobs to Delicias, Mexico, this fall.

Spokesperson Christine Linder said the company anticipates the transition will be completed in two phases, with the first completed by Oct. 1, and the second by Dec. 1.

Therm-O-Disc is the world's largest producer of bi-metal disc controls. The Mansfield facility employs 440 workers.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #147 on: September 21, 2011, 08:49:30 AM »
Richland County jobless numbers decline
Sep 21, 2011  |   Written by Bryan Bullock

MANSFIELD -- Unemployment dropped sharply in Richland County last month, echoing a trend across the state.

The jobless rate decreased 1.3 percent from July to August, bringing it to 10.1 percent, according to seasonally unadjusted estimates released Tuesday by the Ohio Department of Job and Family Services. The unemployment rate in Mansfield fell 0.6 percent to 10.7 percent during the period.

Unemployment typically declines this time of year as back-to-school shoppers help fuel the economy. Rates fell in all 88 Ohio counties last month.

url=http://www.mansfieldnewsjournal.com/article/20110921/NEWS01/109210306/Richland-County-jobless-numbers-decline]Read More...[/url]

Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #148 on: September 23, 2011, 10:53:06 AM »
Moody's reduces Mansfield's bond rating to 'average'
Downgrade's effect likely minimal
Sep 22, 2011  |   Written by Linda Martz

MANSFIELD -- The Moody's Investors Service decision to downgrade the City of Mansfield's municipal bond rating will have little short-term effect, because the city has no immediate plans to borrow for any large-scale projects, a top city official said Wednesday.

Finance Director Kelly Blankenship said the only fallout from the downgrade, issued Aug. 25, was that when the city considered a plan to replace police and fire department vehicles through lease-purchase arrangements, one bank out of the six to eight banks approached commented on it.

That bank's concern was based partly on the number of elected offices on the November ballot, and uncertainty over whether those elected would support the city's current fiscal recovery plan, Blankenship said.

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Local home sales climb
Local prices also up, bucking state trend
Sep 22, 2011  |   Written by Bryan Bullock

MANSFIELD -- Local and state home sales climbed in August, posting big gains over weak sales seen last summer.

There were 140 local homes and condominiums sold last month, up 24 percent from August 2010, according to data released Wednesday by the Ohio Association of Realtors for Richland County and part of Crawford County.

North central Ohio and the state saw sales gains the past two months. Ohio saw sales increase 22 percent last month over August 2010.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #149 on: October 13, 2011, 09:19:58 AM »
New firms locate in Mansfield, use Ashland Railway
5:31 AM, Oct. 13, 2011  |   Written by Lou Whitmire

MANSFIELD -- Two new companies that will use the Ashland Railway to transport products from various points in the United States and Canada have located in Mansfield.

McFarland Cascade, a supplier of utility poles to the electricity industry, is based in Tacoma, Wash. The company will establish a utility pole distribution and storm response center at the Deer Creek facility on East Longview Avenue. It will be McFarland Cascade's third largest yard in the United States.

The poles, including some 150-foot utility poles, will arrive by rail from the South and from the West Coast.

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Offline andrew0816

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #151 on: January 24, 2012, 12:01:28 PM »
91-turbine wind farm OK'd for Richland, Crawford counties
7:25 AM, Jan. 24, 2012

COLUMBUS, Ohio (AP) The state board that certifies construction plans for new energy facilities has approved an agreement that authorizes a 91-turbine wind farm in north-central Ohio.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #152 on: January 28, 2012, 01:00:48 PM »
Wind farm delayed
Jan. 27, 2012

SHELBY -- The company behind a north central Ohio wind farm says the project is moving forward, but not as fast as it hoped.

Construction will be delayed at least a year from the original start date, the company confirmed Thursday.

"The soonest we would start construction is 2013, and it could even extend to 2014," said Scott Hawken, senior project manager with Oregon-based alternative energy company Element Power.

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Pentagon plan could end C-27J program
Written by Bryan Bullock
News Journal

MANSFIELD -- The Pentagon outlined plans Thursday to shrink the U.S. military, including a recommendation that could end an aircraft program at Mansfield Air National Guard Base.

Sen. Sherrod Brown, D-Ohio, said termination of the C-27J Spartan aircraft program could put roughly 350 full-time jobs and 1,000 part-time jobs in jeopardy and raise questions about the future of the base.

"There's no question that we need to reduce our deficit. But we shouldn't do it on the backs of the hardworking men and women of the 179th Airlift Wing," Brown said.

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Cross posted in the Mansfield Development thread.

70 acres in industrial park are nearly business-ready
Jan. 26, 2012  |  Written by Linda Martz
News Journal

MANSFIELD -- Seventy more acres are being prepared in Reid Industrial Park so businesses can begin moving into the space this spring.

The City Planning Commission on Tuesday approved a site plan that would allow businesses to buy or lease land in an area north of Crall Road and west of Airport North Road. It is adjacent to the 179th Ohio Air National Guard's 60-acre expansion project.

The project, designed to build businesses on former farmland near Lahm Airport, is known as Phase III of Reid Industrial Park.

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« Last Edit: January 28, 2012, 01:01:38 PM by andrew0816 »

Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #153 on: March 10, 2012, 12:21:39 PM »
Cross posted in the Mansfield Preservation and Demolition thread

Land bank considered
Expert suggests forming one to deal with problem of empty homes
Mar. 10, 2012  |  Written by Linda Martz

MANSFIELD -- A state expert on foreclosed housing issues Friday urged local officials to form a countywide land bank to deal with abandoned and foreclosed homes.

Mayor Tim Theaker said afterward he and city community development officials have discussed how to do that in a form Richland County commissioners could support.

"We're working on it," he said.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #154 on: March 12, 2012, 11:51:46 AM »
Local jobless rate up
Mar. 12, 2012  |  Written by Bryan Bullock

MANSFIELD -- Richland County's unemployment rate climbed in January, echoing a statewide trend.

Its rate was 10.1 percent that month, up 0.8 percent from December, according to seasonally unadjusted estimates released Friday by the Ohio Department of Job and Family Services. The jobless rate in Mansfield increased 0.8 percent to 9.9 percent in January.

City and county unemployment rates decreased or held steady the last six months of 2011.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #155 on: June 20, 2012, 07:37:36 PM »
Jobless rate at 4-year low
Jun. 20, 2012  |   Written by Kaitlin Durbin
News Journal

MANSFIELD -- Richland County's unemployment rate is the lowest it's been in four years, according to estimates by the Ohio Department of Job and Family Services.

The county's unemployment rate was 7.9 percent in May, down from 8.5 in April. The 0.6-percent drop marked the first time Richland County's unemployment rate fell below the national average -- 8.2 percent in May -- since before 2002.

Despite the decline, the county's rate was still higher than the state average, which continued its 10-month decline with 7.3 percent in May.

In Mansfield, the unemployment rate also edged down 0.5 percent in May, although it remained above the national and state averages. The rate has been falling since January.

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Mansfield set to lose $1M in 2013
6:17 AM, Jun. 20, 2012  |   Written by Linda Martz
News Journal

MANSFIELD -- Mansfield Finance Director Linn Steward said the city can expect to lose about $1 million in revenue in 2013, due to reductions in local government funds returned from the state, and elimination of the estate tax.

At a budget hearing to introduce a proposed tax budget for next year, Steward said the city will lose those funds because of decisions made at the state level, beyond the control of municipalities. Council is expected to approve the 2013 tax budget at its July 3 meeting.

The proposed figures reviewed by council Tuesday estimated the general fund balance at the start of next year at $2.15 million, down from $2.58 million this year.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #156 on: June 24, 2012, 01:17:34 PM »
Security company may bring 100 jobs
Jun. 23, 2012  |   Written by Mark Caudill

MANSFIELD -- A security company that recently opened a downtown satellite office plans to expand -- rapidly.

PLS Protective Services launched an office in the Chase Bank building, 28 Park Avenue West, in late April with 10 employees. Chief Executive Officer Paul Smith said he hopes to offer up to 100 jobs by the end of the year.

"Our niche is supplementing law enforcement in very minor things, like vandalism and noise," he said.

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Offline andrew0816

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Re: Mansfield: General Business & Economic News
« Reply #157 on: August 17, 2012, 08:26:43 PM »
GM pact signed, work begins to bring 1,100 jobs
6:37 AM, Aug 17, 2012   |   Written by Lou Whitmire

ONTARIO -- The developer and Ontario City Council signed the development agreement Thursday for the former General Motors Stamping Plant.

That final bit of paperwork taken care of at last night's council meeting, Brownfield Communities Development Company made its intentions clear in an energized Thursday press conference.

"You have our commitment that our goal is to take this one large facility that was designed as a single-purpose entity and use our skills to turn it so it can be a facility that meets the needs of businesses that will themselves grow and attract other businesses," said Michael M. Adler, chairman and chief executive officer of the Adler Group. "Our goal is for you to see this location again be a thriving employment hub for your community. We take this responsibility very seriously, and we are committed to make it happen."

Offline KJP

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Re: Mansfield: General Business & Economic News
« Reply #158 on: December 31, 2012, 05:57:40 PM »
Top story of 2012: Sale of GM plant
10:49 PM, Dec 30, 2012
Written by Mark Caudill
News Journal

ONTARIO The end of the year offered some of the brightest economic news the area has received in some time.

The Brownfield Communities Development Co. announced Friday it had closed the sale on the former General Motors Mansfield-Ontario Stamping Plant.

Local officials hope the sale will make way for the development company to bring more than 1,100 jobs to the community within five years.

There are two tenants for the site, but they have not been identified. One of those tenants is supposed to create 850 full-time jobs, the other 280.

READ MORE AT:
http://www.mansfieldnewsjournal.com/article/20121230/NEWS01/312300017/Top-story-2012-Sale-GM-plant
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