The Port Authority has been awarded a $10,000 grant for economic development by AEP Ohio, a unit of American Electric Power.
AEP Ohio awarded the grant to the Port Authority through their Local Economic Assistance Program (LEAP). LEAP provides funding to help local communities grow with a focus on retention and expansion of manufacturing jobs. Through LEAP, AEP Ohio is directing dollars back into the communities they serve to invest in their growth.
The Port Authority will use the grant money to help pay for development site marketing. The project is expected to be completed over the next 12 months and was one of 21 local economic development organizations to receive a LEAP grant in 2017.
A featured article in the February 25, 2017 Zanesville Times Recorder detailed how a boost from the oil and gas industry has begun to trickle through Muskingum County again. “Places like Haliburton and Producers Services are picking up,” Executive Director MattAbbott said. “Tilley Pressure Test has purchased nine acres in the EastPointe Business Park with plans to build this spring.” Click here to read the full article.
A list of the Top 25 Ohio counties with the biggest growth in new jobs shows the strength of Central Ohio.
The information from the U.S. Department of Labor is for the year ended June 2016, the latest data available. Overall, Ohio added 40,974 new jobs during the period.
Being in a part of the state that has among the most new jobs being created is a boon for the region as our economy looks to continue growing. In addition, having more workers bringing home paychecks helps boost spending in the region and has a multiplier effect.
The Zanesville-Muskingum County Port Authority secured a $775,000 grant from JobsOhio for improvements on a 30-acre parcel in the Airport Distribution Park. The site will become the largest shovel-ready site in Muskingum County. Read the full Times Recorder article here.