All Things Business

Intel Investment Projections Inch Higher; Strong Regional Economic Impact Certain

5 Sep , 2022  

By 1812Blockhouse

Optimism for Intel has reached a fever pitch recently. Among remarks reportedly given by State Senator Jay Hottinger from Newark last month was the following:

“We’re now going to have five fabs,” Hottinger said. “It makes us the largest chip manufacturer in the world. The opportunities and spinoffs from this will be phenomenal.”

In the article published in the Newark Advocate (can be read here), Hottinger followed that remark by suggesting that officials are already in talks with almost half of the 30 to 40 suppliers potentially coming to Ohio.

Each of these “fabs,” or individual factories, will generate up to 1,500 higher-than-average salary positions (the projected annual salary will be $135,000). The first two fabs have prompted a recent statewide call for 7,000 construction workers.

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All Things Business

Plasma Center Opens On Park Avenue West

30 Aug , 2022  

By 1812Blockhouse

On Monday, Freedom Plasma held its grand opening with a ribbon-cutting attended by civic leaders – and even Miss Ontario!

The facility is Mansfield’s newest plasma donation center. Freedom Plasma provides donors the freedom to improve their financial position and help positively impact patients’ lives who rely on plasma-based therapies.

Freedom Plasma is owned and operated by ImmunoTek Bio Centers. With a combined 150 years in the industry

The nationwide chain already has Ohio locations in Cleveland and Toledo, and is coming soon to Newark and Zanesville.

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All Things Business

Unemployment Rates Steady In North Central Ohio

25 Aug , 2022  

By 1812Blockhouse

Ohio’s unemployment rate was 3.9% in July 2022, unchanged from June (and, for that matter, from May as well), according to the Ohio Department of Job and Family Services.

Ohio’s nonagricultural wage and salary employment increased 7,000 over the month, from a revised 5,477,000 in June 2022 to 5,484,000 in July 2022.

The number of workers unemployed in Ohio in July was 224,000, unchanged from June. The number of unemployed has decreased by 71,000 in the past 12 months from 295,000. The July unemployment rate for Ohio decreased from 5.1% in July 2021. The U.S. unemployment rate for July 2022 was 3.5%, down from 3.6% in June 2022, and down from 5.4% in July 2021.

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All Things Business

The Intel On Intel: The Latest From The Silicon Heartland For The Weekend Of August 13-14

13 Aug , 2022  

By 1812Blockhouse

Every few days we present “The Intel On Intel” here on 1808Delaware and 1812Blockhouse, where we collect and share links from area media looking how local government, schools, other businesses, and Intel itself are building a new future for the area.

This weekend’s edition is a special one, as it is the first we have shared passage and signing of the “Chips Act,” which was cited by Intel as important to maximize its investment in Ohio.

In today’s edition, we share media coverage on the following topics:

  • Intel attends a local independent fair
  • School system gets ready for population boom
  • Licking County residents react to Chips Act passage
  • Lt. Governor Husted interviewed about Intel
  • Cleveland Mayor hopes impact reaches northeast Ohio
  • Road expansions in Columbus
  • Can Ohio colleges and universities train enough workers?
  • What kind of pollution does a semiconductor plant make?
  • Extended transportation options needed
  • Another chip maker to build in Columbus

The Intel on Intel can be viewed here.

Image by Gerd Altmann from Pixabay

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All Things Business

Ohio, Mansfield Metro Area Unemployment Rates Remain Low

28 Jul , 2022  

By 1812Blockhouse

Preliminary June 2022 unemployment rates ranged from a low of 2.9% in Mercer County to a high of 6.4% in Cuyahoga County according to figures released on Tuesday from the Ohio Department of Job and Family Services. From May, unemployment rates increased in all 88 counties. 

Eleven counties had unemployment rates at or below 3.5%, including Mercer, Holmes, Putnam, Wyandot, Auglaize, Delaware,  Union, Hancock, Madison, Preble, and Wayne.

North Central Ohio counties had the following reported rates of unemployment:

  • Crawford – 5.0%
  • Richland – 4.5%
  • Huron – 4.4%
  • Morrow – 3.9%
  • Ashland – 3.8%
  • Knox – 3.8%
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All Things Business

Ohio’s Senators Join 62 Others In Passing Chips Bill

28 Jul , 2022  

By 1812Blockhouse

It is very possible that looking back from a twenty-years-from-now vantage point, that Wednesday’s vote in the US Senate will be seen as a transformative moment for Ohio’s economy.

At least in the near future, few places may end up as changed as Ohio because of a measure that will provide historic levels of financial investment into the domestic manufacture of semiconductors and related industries. And while Richland County is not the primary location from those manufacturing facilities, the county’s southwest corner is quite close to the building site, and of course neighboring Morrow and Knox Counties will be Intel’s next door neighbors.

From the time of the first announcement of Intel’s building plans to the present, passage of the so-called Chips Bill was singled out as important for Intel to maximize its Ohio investment.

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All Things Business

OhioHealth Announces Large Staff Reduction; 637 Positions Affected

7 Jul , 2022  

By 1812Blockhouse

On Thursday, OhioHealth issued a statement and communicated with employees about a planned large set of job reductions in its information technology and revenue cycle management areas over the coming weeks.

This decision, the company shared, was the result of a  move to use third party servicers.

There were no specifics given as to what employees or offices would be involved, other than as specified above. Despite the number of positions affected, a review of the Ohio Department of Job and Family Services website shows no current public WARN notice of these layoffs.

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All Things Business

The Intel On Intel: The Latest From The Silicon Heartland For The Weekend Of July 2-3

3 Jul , 2022  

By 1812Blockhouse

Every few days we present “The Intel On Intel” here on 1808Delaware and 1812Blockhouse, where we collect and share links from area media looking how local government, schools, other businesses, and Intel itself are building a new future for the area.

In today’s edition, we share media coverage on the following topics:

  • As Intel expands, communities must increase housing
  • Columbus utilities to be expanded
  • Excavation work begins
  • OPA grants water permit amidst concerns
  • 100% tax abatement OK’d by New Albany
  • Another company expanding nearby
  • Ohioans mourn loss of houses
  • Intel CEO urges Congress to act
  • Work begins at plant site

The Intel on Intel can be viewed here.

Image by Paul C Lee from Pixabay

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All Things Business

Sephora Opening At Kohl’s On July 6

29 Jun , 2022  

By 1812Blockhouse

It’s one great destination inside another great destination. 

On July 6, the Ontario Kohl’s at 524 N. Lexington-Springmill Road will celebrate the grand opening of Sephora at Kohl’s, bringing prestige beauty closer to local residents.

The 2,500 square foot beauty center will remind guests of a traditional, stand-alone Sephora location with beauty consultants on hand, as well as testing and discovery zones to showcase the latest beauty products.

Products on hand include, according to the company, a “…carefully curated assortment of prestige makeup, skincare, hair, and fragrance brands, including coveted beauty brands such as Rare Beauty, NARS, Charlotte Tilbury, Kiehl’s, Giorgio Armani, Olaplex, Clinique and Sephora Collection as well as innovations in clean beauty and self-care.”

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All Things Business

Mansfield Business Secures Air Quality Upgrade Financing

27 Jun , 2022  

Special to 1812Blockhouse

The Ohio Air Quality Development Authority (OAQDA) recently approved bond financing totaling $2.9 million for two northern Ohio businesses to support sustainable growth.

Those recipients include bond financing totaling up to $100,000 and a small business grant for up to $20,000 for Baker’s Collision Repair Specialists in Mansfield. Those awards cam through the e Clean Air Resource Center (CARC).

“OAQDA is pleased to support JAM Best One Fleet Service and Baker’s Collision Repair Specialists with their efforts to expand their businesses in any environmentally friendly manner,” said Christina O’Keeffe, OAQDA’s executive director. “These projects will create local jobs and improve Ohio’s air quality through the reduction of hazardous emissions.”

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