News & Events

Media & Press Releases

More Info

Foreign-Trade Zones Board Approves NEOTEC’s Alternative Site Framework Application
Eases Process for Companies Receiving Zone Status; One New Site and One Expansion Added to the Zone

The Northeast Ohio Trade and Economic Consortium (NEOTEC)—grantee of Northeast Ohio’s Foreign-Trade Zone (FTZ) 181—recently received approval by the U.S. Foreign-Trade Zones Board to reorganize the zone under a new program that streamlines the process for manufacturing and distribution companies looking to utilize FTZ 181 as a way to reduce global supply chain costs.
More Info

Executive Russell M. Pry Appoints FirstEnergy's Jon Taylor to the Summit County Port Authority Board of Directors

Summit County Executive Russell M. Pry has appointed FirstEnergy Assistant Controller Jon Taylor to the Summit County Port Authority (SCPA) Board of Directors. The motion was confirmed by Summit County Council during a Regular Council Meeting held on Monday, January 31, 2011.
More Info

FirstEnergy and the Ohio Manufacturers' Association Reach Agreement
Agreement will provide $7.5 million for jobs and business expansion

Akron and Columbus, OH - FirstEnergy Corp.'s (NYSE:FE) Ohio utilities - Ohio Edison, Cleveland Electric Illuminating Company and Toledo Edison - will provide $7.5 million over three years to support economic development and job retention projects under an agreement reached with The Ohio Manufacturers' Association (OMA). The agreement, outlined in a memorandum of understanding, is related to the companies' commitment to support economic development and jobs as part of their Electric Security Plan (ESP).
More Info

Clean Ohio Grants

COLUMBUS: The Summit County Port Authority and Kent will receive Clean Ohio Assistance Fund grants to help redevelop brownfields for future use, the Ohio Department of Development announced Monday.
More Info

Port Authority Issues Bonds for the YMCA
The Summit County Port Authority on Monday approved issuing $12.1 million in tax-exempt bonds for the Akron Area YMCA.

The YMCA has announced plans to build a 60,000-square-foot, $11 million fitness center at East Market and Adolph streets, on Summa Health System property next to Akron City Hospital. The money raised will be used for the new facility and to secure a lower interest rate on other debt, port President Chris Burnham said. "We're glad to help them out," he said.
More Info

Summit County Port Authority Receives Clean Ohio Assistance Fund Grant for Goodyear Project
Akron- The Ohio Department of Development has awarded the Summit County Port Authority a $284,007 Clean Ohio Assistance Fund grant to perform a Phase II Environmental Assessment on the Goodyear Existing Headquarters Area Redevelopment property in the city of Akron. Upon completion of the Phase II assessment the area will be redeveloped to include residential, retail and commercial offices.

Leaders from across the State of Ohio respond with praise and anticipation for this project.
More Info