Toledo Business Journal

Grownow Surpasses $200m Mark

Ohio Treasurer Richard Cordray recently released a six-month executive summary of GrowNOW, the Treasury's revamped economic development program.

Dana to Draw From Revolving Credit Facility

The $650 million secured revolving credit facility was established in January 2008 with a consortium of banks and provides liquidity that Dana can draw on from time to time in order to fund working capital and other needs.

Port Authority to Lease Land to Ips

According to a Port Authority document released earlier this year, the fabrication facility is intended to facilitate the construction of modules, vessels, and pipe spools specifically targeted to the refinery industry and other industrial process operations.

Study: Academic Medicine has $37.2b Economic Impact for Ohio

The report found that: * Despite flat or declining state funding, the economic impact of academic medicine has grown from $21 billion in 2002 to more than $37 billion in 2007. * For every $1 provided by the state in direct support for Ohio based medical colleges, approximately $10 was returned in tax revenue. * Ohio's academic healthcare industry is one of Ohio's lead generators of employment with 425,000 full-time positions; one in every 12 workers in Ohio works directly or indirectly for a ...

$240m in Ohio Bonds Sold

Ohio's central location in the nation logistics and distribution industry. * Local Infrastructure ($400 million): Designed to be used to help build important local infrastructure projects such as roads, bridges, sewers, and water systems. * Clean Ohio Conservation ($200 million): Designed to fund the preservation of farmland and greenspace. * Clean Ohio Revitalization ($200 million): Designed to help revitalize Ohio cities and industrial areas by brownfield clean up and transformation into ne...

Itw to Locate at Toledo Express Site

The efforts of the Port Authority and Spartan Logistics convinced us to stay in the area, explained Tom White, general manager for the division.

Firm Provides Technology for Businesses and Courts

Law enforcement software we recently provided to the City of Northwood allows a patrolman to write a ticket in the cruiser and the ticket is then transmitted back to the court; the system works very well for them.

Healthcare Heroes Program Launched

At&Amp;T Brings Video Services to Toledo

According to AT&T, SB 117, sponsored by Senator Jeff Jacobson, reformed Ohio's video franchising system, bringing the benefits of video competition to Ohio consumers by establishing statewide uniform standards that streamlined the authorization process and encouraged competition and new investment. Senate Bill 117 was a tremendous shot in the arm for both capital investment and jobs; 470 jobs were added in Ohio as a result of that bill passage and I commend the foresight on the part of t...

Logos Acquisition to Create 21 Jobs in Bryan

It has provided network security, wireless networking, voiceover IP telephone systems, video equipment, and more for schools throughout Ohio, including Toledo Public Schools, the new Gorham-Fayette Local Schools building in Fulton County, and schools in Lima, Defiance, and Hicksville.

Solar Facilities Growing in Wood County

According to Tom Blaha, executive director, Wood County Economic Development Commission (WCEDC), northwest Ohio offers key benefits for solar companies to locate in the region. Additionally, First Solar will construct a separate facility to support increased development activities associated with its advanced thin film solar module manufacturing technology.

New $6m Hotel to Locate in Maumee

Room amenities include a flat-screen television, complimentary wired and wireless Internet access, free long distance phone calls, microwave, coffee maker, and window seat.

Toledo Company Incubates Data Storage Tech

Sdudi LLC, a Toledo technology company, has received grant money from the Regional Growth Partnership (RGP) to create and distribute a common platform operating system that works across various computing devices. The Smart Stick is compatible with Microsoft documents and comes with the Firefox web browser, instant messenger, email, OpenOfficeTM an mp3 / DVD player program, and.