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Ohio Third Frontier Helps Former Auto Worker Retool Skills for Technology Business

December 4th, 2009
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Published under Ohio Business Climate Improvement, Region 4 - Western Ohio

Shannon Swift had planned on working his entire career at General Motors. When he got laid off, he had no idea how he would transition his manufacturing skills into a new line of work to support his wife and five children. Around this time, Ohio Third Frontier, an unprecedented and bipartisan commitment to expand Ohio's technological strengths, was helping Dayton-area Renegade Materials Corporation complete construction of a new facility to bring the next generation of advanced materials for the aerospace and defense industries to market. To recruit labor to handle this new working capacity, Renegade tapped into the pool of displaced workers from the GM plant where Shannon had worked. That’s how he landed a job at Renegade.

After being hired at Renegade, Shannon received on-the-job training to transition his skills to the new technology business. Now, Shannon is working for Renegade’s high temperature polymer business. Essentially, Ohio Third Frontier was the bridge that brought Shannon to work with Renegade. Without Ohio Third Frontier, Shannon says he would still be searching for a career where he could apply the skills that he acquired in the automotive industry. Recently, Shannon spoke to us about his transition into the technology business. Click here to read the complete interview. Click here to read the complete interview.

Ohio is at the Heart of America’s Polymer Industry

June 30th, 2009
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Published under Ohio Business Climate Improvement, Region 9 - Northeast Central Ohio

By: Kristi Tanner, Brand Manager, Ohio Business Development Coalition

The polymer industry is no stranger to the state of Ohio. From its early roots in tire production and the auto industry, Ohio has always been at the heart of America's polymer industry. And today, polymers is one of the state's largest industries.

Ohio leads the nation in the production of polymer products, machinery for the polymer industry, motor vehicle components, and more than 100 other industrial products. Employing more than 140,000 workers, the Ohio’s polymer industry generates nearly $50 billion in annual sales revenue and pays its workers $5.6 billion in wages.

More than 200 Ohio companies produce equipment for the polymer industry, including many world leaders, ranging from the global plastics equipment supplier, Milacron, to the specialty inspection equipment manufacturer, Pressco Technology. Another 200 materials suppliers also include many world leaders. Their proximity saves Ohio businesses time and money in the manufacturing process.

And this is just the beginning. The Ohio Third Frontier is catalyzing innovation to transform Ohio’s economy for future generations. The Ohio Third Frontier is a $1.6 billion investment in targeted industries and technologies to help create new technology-based products, companies, industries and jobs. Investments in the polymer industry alone are well over $100 million.

One example of a polymer start-up success supported by the Ohio Third Frontier is Akron Polymer Systems Inc. (APS), a spin-off from the University of Akron, founded in 2002 by two professors, Frank Harris and Stephen Cheng. APS is focused on developing high-performance polymers and advanced materials commonly used in liquid crystal display (LCD) technologies, as well as in aerospace, medical, and fuel cell applications.

Ohio's large concentration of polymer companies has resulted in a number of essential assets already in place for companies joining Ohio's polymer community, including a highly skilled, quality workforce and rapid development of new technologies, as well as valuable industry relationships that promote collaboration in business development.

Ohio polymer companies also benefit from PolymerOhio, an Ohio Edison Technology Center that is focused on enhancing the industry in Ohio one company and one connection at a time. The PolymerOhio team has deep industry expertise across the industry supply chain and a firm grasp of available resources. They provide industry leaders with valuable business connections and industry know-how.

In addition, seven of Ohio's universities have polymer research programs, placing best-of-class research at these emerging businesses’ fingertips. The state also is home to federal research and several private research organizations, including Battelle.

As Ohio continues its focus building up 21st-century industries, the visionary leaders of polymer-related businesses are not only reaping the benefits of the state’s business-friendly environment so that they can achieve business and professional success, but also the ability to achieve their personal aspirations as well.

Start-Up Success in the Polymer Industry

February 8th, 2008
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Published under Polymers & Advanced Materials, Region 9 - Northeast Central Ohio

Ohio's strong background in the development and manufacturing of polymers and advanced materials has paved the way for start-up companies. Availability of state programs, access to a highly skilled workforce and collaboration among government, industry and academia make Ohio a hot market for success in the polymer industry.

One example of a successful new company is Akron Polymer Systems Inc. (APS). Founded in 2002, APS is a spin-off from the University of Akron founded in 2002. APS makes high-performance polymers and advanced materials commonly used in liquid crystal display (LCD) technologies. In the five years since its launch, APS has grown to a nationally recognized and respected business impacting the way global corporations are using polymers and advanced materials. Just one of the commercial products developed by APS generated more than $100 million in sales in 2006.

Bill Fuller, vice president of business development for APS, attributes the company’s success to Ohio's strong history in polymers and access to the industry's top minds.

Q: Do you think Ohio's strength in the polymer industry is an important site selection factor? Please share your thoughts.