Buzz

Eastman Kodak Co. reportedly looked at relocating a 500-employee research-and-development center to Indiana, but will instead stay put in Ohio, reports the Indianapolis Business Journal.

The Ohio Tax Credit Authority approved a 30-percent, 10-year refundable job-retention tax credit for Kodak. Kodak must commit to retain those jobs in Ohio for 13 years.

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Green energy was the subject around Ohio earlier this month, reports the Van Wert Times Bulletin on Green Energy’s annual tour.  

The Green Energy Ohio Tour took place around the state on Sept. 30 to Oct.1 and involved more than 260 open houses in 51 counties. In other parts of the state, energy efficiency, biomass, and other green technologies were the main topics of discussion while in Van Wert, the concentration was on wind and solar energy.

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Honda has 11 LEED-certified green buildings in North America, the most of any automaker, reports Sustainable Business.

Honda Engineering North America's Powertrain Division in Ohio, and Honda Canada's new head office in Markham, Ontario, are the latest buildings to earn LEED-Gold certification.

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While women make up 50 percent of the U.S. adult population and account for 46 percent of the workforce, when it comes to entrepreneurism, they’re behind the curve, notes Forbes.

It is against this backdrop that Forbes compiled its ForbesWoman first annual list of the top 20 cities for women in business, a list which includes Columbus.

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At a time when many large companies are sitting on cash reserves, waiting for the economy to improve, Timken has been on a spending spree, reports The Plain Dealer.
 
By the end of this month, Timken Co. expects to finalize its $92 million purchase of Drives Llc, following the $200 million purchase of power transmission parts company Philadelphia Gear. The company has kicked off two programs with local schools -- a Stark State College program to develop parts for wind turbines and a University of Akron initiative to study new materials for industrial equipment. Timken has also spent $50 million this year to upgrade one Canton-area steel plant and is considering a $225 million expansion to a second one.

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Columbus-based research giant Battelle announced that it won five contracts, potentially worth more than $90 million, to assist the U.S. Environmental Protection Agency, reports the Columbus Dispatch.

Included among the awards is a five-year, $15 million contract to help the EPA enact and enforce the Great Lakes Restoration Initiative, a multi-year, federally funded project to clean up pollution and fight invasive species threatening the lakes’ fragile ecosystems.

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Scientists from the U.S. and Brazil will discuss scientific studies of mutual interest and explore future partnerships at a three-day symposium in Washington on Oct. 24-26, reports MicrOHscope.

The Ohio State University Medical Center is a co-organizer of the groundbreaking event, which is the first of its kind between the two countries.

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Ohio's natural gas and oil reserves are a multibillion-dollar bonanza that could create more than 204,500 jobs in just four years, an industry group says.

The economic impact study, released on the eve of Gov. John Kasich's energy summit, attributed the jobs to leasing, royalties, exploration, drilling, production and pipeline construction to produce gas and petroleum from Utica shale, a rock buried more than a mile and a half underground.

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Because there is no comprehensive national energy policy, Gov. John Kasich aims to have one tailored for Ohio -- one that will help business expand and create jobs, reports the Plain Dealer.

That is the underlying reason for the two-day energy and economic summit that opened Wednesday at Ohio State University.

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The launch of a defense program at Wright State University Research Institute will spur 250 new jobs in the Dayton region, reports the Dayton Business Journal.

School officials say the opening of its Defense Aerospace Graduate Studies Institute -- announced in July -- will lead several companies, as well as the institute, to hire large chunks of workers.

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Pharmacy services provider Omnicare Inc. is moving its corporate headquarters across the Ohio River, from northern Kentucky to downtown Cincinnati, with the help of $6 million in tax breaks, reports the Associated Press.

The company, which dispenses drugs to nursing homes and long-term-care facilities, reported that the relocation will involve nearly 500 workers. It plans to begin bringing operations to Cincinnati from Covington, Ky., in December and expects to complete the move by June 2012.

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The Ohio Third Frontier Commission has awarded $2.5 million in research grants to advance the Philips Healthcare Global Advanced Imaging Innovation Center, a collaboration among Case Western Reserve University, University Hospitals (UH) Case Medical Center and Philips Healthcare, reports MicrOHscope.

 The research projects are part of $30 million in funding awarded throughout the State of Ohio earlier this month by the Ohio Third Frontier Commission.

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Academic research leaders, industry experts, government policymakers and healthcare providers from across the country will gather in Columbus next month to discuss the latest developments in personalized medicine at the Johanna and Ralph DeStefano Personalized Health Care National Conference, reports MicrOHscope.

The 4th annual event will be held Oct. 6-7  on the campus of The Ohio State University. Attendees will hear from experts about revolutionizing medicine and transforming healthcare delivery in a way which will result in more precise, cost-effective and higher quality health care for patients.

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The developer of Cleveland's Horseshoe Casino received more than 5,000 applications for dealers since posting job openings, reports the Cleveland Plain Dealer.

Officials with Rock Ohio Caesars say they expect to easily double that number by the application deadline on noon Friday, Sept. 30.

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The new lab where Ohio State University researchers will study super-scary plant and animal diseases was built to be secure -- very secure – reports the Columbus Dispatch.

The building is surrounded by a tall black fence. The tops of the fence posts are pointed and curve outward. Two cables link the fence sections. Inside, concrete walls are 13 inches thick. Electronic keypads control access to the building and each lab. And it was built to withstand tornadoes and earthquakes.

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