Marion: popping economy
Article Abstract:
Marion, OH, is a midsized community that is known for its resiliency, optimism and strong work ethics. These features enabled it to recover from a 23% unemployment rate in 1981 when its major employer, Marion Power Shovel, downsized because of the recession. Marion's attitude toward business is reflected by its economic improvement program including the CAN DO! private/public partnership and KAPOW, a program designed to prepare children for business and a solid career in the future. Its business sector is driven by manufacturing including popcorn, bakery mix and food service desserts, snack foods and diapers.
Publication Name: Site Selection
Subject: Real estate industry
ISSN: 1080-7799
Year: 1996
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Troy: transition, just in time
Article Abstract:
The city of Troy in Miami County, OH, rose from the vacuum created by the loss of its major employer, Hobart Corp., in the 1980s using an aggressive economic development program. This program involved visiting potential investors in Asia, Canada and Europe. The effort of Troy's business leaders paid off when Japan's Panasonic and Motomon and Germany's SEW Eurodrive invested in its industrial sector. In the last five years beginning 1990, this sector has invested $500 million in the community and generated jobs for 3,000 workers.
Publication Name: Site Selection
Subject: Real estate industry
ISSN: 1080-7799
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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