Schools

Analysis: OSU Has $15.2 Billion Impact On Ohio; Mansfield Campus Has $54.7 Million Impact

20 May , 2019  

President Michael V. Drake announced last Wednesday at the Columbus Metropolitan Club the findings of a new economic impact analysis showing that The Ohio State University generates $15.2 billion annually in economic impact for the state of Ohio – which equates to more than $1.735 million in economic impact every hour.

Ohio State’s research enterprise, medical complex, construction projects, athletics events and status as Ohio’s fourth-largest employer combined in Fiscal Year 2018 to support more than 123,000 jobs across Ohio. Putting that in context: One in every 57 jobs in the state is directly or indirectly supported or sustained by the university. More…

, , ,

All Things Business

Gorman-Rupp Reports On First Quarter Financial Results

26 Apr , 2019  

The Gorman-Rupp Company (NYSE:GRC) has reported financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Highlights

  • First quarter earnings per share were $0.28 compared to $0.37 per share for the first quarter of 2018
  • Net sales increased 0.3% or $0.3 million compared to the first quarter of 2018
  • Incoming orders increased 9.8% compared to the fourth quarter of 2018

More…

,

All Things Business

New Site To Promote Opportunity Zone Investment In Ohio, Mansfield

26 Apr , 2019  

On Wednesday, during the Ohio Opportunity Zones Showcase hosted by the Ohio Development Services Agency, OpportunityZones.Ohio.Gov was unveiled.

The new marketing platform allows Ohio’s 320 Opportunity Zones to share details on areas of their communities with high potential for new investment, development, and job creation. More…

,

All About Richland

We’re Growing! Richland Gains Population For First Time This Decade

21 Apr , 2019  

When the US Census Bureau released 2018 county population estimates this week, the figures showed that a trend taking place over the last decade may have reversed itself.

Richland County showed a population gain for the first time since the 2010 census. More…

, ,

All Things Business

Ohio Senate Passes Legislation To Bolster Federal Opportunity Zones, Including In Mansfield

13 Apr , 2019  

Senate President Larry Obhof recently announced that the Ohio Senate has passed legislation aimed at bolstering job growth and economic development in economically disadvantaged areas, or federally-designated “opportunity zones,” in Ohio.

Senate Bill 8, which passed the Senate unanimously Wednesday, works in conjunction with the federal Tax Cuts and Jobs Act of 2017, allowing states to identify up to 25% of economically-distressed census districts as opportunity zones. Ohio was approved for 320 such zones, some of which are in Richland, Medina, Wayne and Holmes counties. More…

, , ,

All About Richland

Walmart To Spend $81 Million To Remodel Ohio Stores, Including Ontario Location

11 Apr , 2019  

In a news release, Walmart has announced its intention to spend over $80 million to remodel stores in 14 Ohio communities.

This includes the location on Lexington-Springmill Road in Ontario.

“In 2019 Walmart will continue to offer innovations that are saving them the More…

,

All Things Business

February Unemployment Numbers Show Sizeable Drop For Richland

2 Apr , 2019  

While the report was a positive one for the state, Richland and surrounding counties evidenced strong numbers as the Ohio Department of Job and Family Services shared the most recent unemployment numbers for the state, counties, and larger communities.

Ohio’s unemployment rate was 4.6 percent in February 2019, down from 4.7 percent in January. Ohio’s nonagricultural wage and salary employment decreased 8,200 over the month, from a revised 5,602,400 in January to 5,594,200 in February 2019. More…

, , ,

All About Richland, Downtown

Mansfield Rising Plan: Revitalizing North Central Ohio’s Downtowns

1 Apr , 2019  

This post is part of a series concerning the Mansfield Rising revitalization plan recently unveiled by the Richland County Foundation. Our previous posts can be read here, and the entire plan can be accessed here.

As Mansfield begins a comprehensive effort to bring renewed economic and social vitality to its center, we have already looked revitalization in another mid-sized Ohio downtown, and also at the remarkable successful of a retail center which is only two decades old.

Today we’ll stick a bit closer to home. We’re looking at Richland and surrounding counties to identity what communities have taken or are now taking steps to generate economic activity in their respective downtowns. More…

, , ,

All About Richland, All Things Business

Local Unemployment Numbers Rise Slightly, And In Typical Fashion

12 Mar , 2019  

It’s a common occurrence. After the rush of a holiday season, post-season employment declines and unemployment rates rise.

That’s exactly what has happened across Ohio this year, and also the case for Mansfield and Richland County.

The Ohio Department of Job and Family Services released the January 2019 employment numbers this week, and reported that Ohio’s unemployment rate was 4.7 percent in January, up from a revised 4.6 percent in December. More…

, ,

All About Richland

Ohio Poverty Report Issued: Mixed News For Mansfield, Richland

13 Feb , 2019  

The Ohio Development Services Agency has just issued The Ohio Poverty Report, a document outlining research into the numbers behind the reality of low-income Ohioans. Its pages suggest a subdued but not altogether unhopeful picture for the local economy.

Based largely on US Census Bureau complied and released information and other federal and Ohio agencies, it is designed to explore trends and comparisons for poverty in the Buckeye State’s cities and counties. More…

, , ,

All Things Business

Sears Sale Approved: Local Location’s Future Remains Uncertain

8 Feb , 2019  

The saga of Sears continues.

Major news sources were reporting on Thursday afternoon that a bankruptcy judge in New York has approved the sale of what remains of Sears to a hedge fund controlled by the company’s chairperson, Eddie Lampert.

This, in turn, means that the wishes of creditors seeking total liquidation will not take place at this time. More…

, ,

All Things Business

Northeast Ohio, Including Richland County, Projected To Add 20,700 Jobs By 2023

4 Feb , 2019  

Northeast Ohio is projected to add 20,700 jobs across all occupations over the next five years, including 8,500 new healthcare openings for practitioners, and technical and healthcare support personnel.

Additionally, more than 1 million replacement workers will be needed over the next five years, including 160,000 in office and administrative occupations, and more than 100,000 in production sectors. Healthcare-related occupations will require 77,700 replacement workers. More…

, , ,

All Things Business

Dispatch Does Series On Ohio Cities Left Behind Despite A Growing Economy, Including Mansfield

18 Dec , 2018  

In a two-part series over the weekend, the Columbus Dispatch did a look at what it referred to as Ohio’s “struggling” cities, those not experiencing the benefits enjoyed by other communities as the state’s economy improves.

North central Ohio figures prominently in the posts, with both Mansfield and Marion referenced as examples.

Links to both “The great divide: Many Ohio towns left behind despite strengthening economy” and “Struggling Ohio cities searching for ways to reinvent themselves” can be found in “Hand-Picked Richland News” on the 1812Blockhouse homepage and on mobile.

Schools

OSU Mansfield Microfarm Project Takes Center Stage In Columbus

5 Dec , 2018  

On Monday night, the Ohio Microfarm Project, an initiative with “roots” at The Ohio State University at Manfsield, took to the stage in Columbus to share its vision.

The setting was an evening set aside for the ten finalists in the Alliance for the American Dream initiative to present their respective programs. Each is vying to be one of the three efforts selected to be presented to the initiative underwriter for funding and support, and to be shared as well with the three other universities involved in the Alliance – the University of Utah, Arizona State University, and the University of Wisconsin. More…

, , ,