Timken Opens New Small-Bar Steel Rolling Mill – On November 13, The Timken Company officially opened a new $60 million small-bar steel rolling mill that has expanded its portfolio of differentiated steel products. The new mill consists of approximately 76,000 square feet to house expanded rolling, finishing, and inspection capabilities and is part of Timken’s Harrison Steel Plant in Canton. Approximately 30 new positions will be added to operate the small-bar mill. The new mill enables the company to produce steel bars down to 1 inch in diameter for use in power transmission and friction management applications. This high performance steel will meet the needs of a variety of customers in the bearing, industrial, energy, distribution and automotive market sectors, including transplant automakers. Timken collaborated on the design and construction of the mill with Daido Steel Co., Ltd., a leading Japanese producer with experience manufacturing special quality small-bar steel. Nissan, Honda and Toyota are customers of this product. To read more about the opening and about The Timken Company, click here.

Akron-Canton Airport Adding Direct Flight to Washington, DC – The U.S. Department of Transportation announced last week that it was granting US Airways two slots to fly from Washington, DC’s Ronald Reagan National Airport to Akron-Canton Airport allowing for one daily non-stop roundtrip. Congressman Ralph Regula, who was instrumental in winning the Federal government approval, said that this new service is big for economic development. “This is what people want when they locate – access to transportation. With the runway extension (under construction) we will have service to the west coast in a couple of years. It adds to the attractiveness of Akron-Canton Airport.” Currently, Akron-Canton has non-stop flights to Atlanta, New York City, Boston, Chicago, Orlando, Denver, Fort Myers, Detroit, Philadelphia and Charlotte. Rick McQueen, president and CEO of Akron-Canton Airport said, “This announcement wouldn’t have been possible without the help of our U.S. Congressional delegation, including U.S. State Senators and four Congressmen, 13 chambers of commerce, the State auditor, more than 30 corporations and 17 community leaders among others.” To read more about this announcement, click on this Repository article (553k pdf) or click on the airport’s news release.

North Canton Receives $5 Million Grant for Hoover Project – The Ohio Department of Development announced that the City of North Canton will receive a $5 million Job Ready Sites grant to help turn the former Hoover Company complex into a mixed-use facility. $2 million will go toward widening and improving streets around the complex and $3 million will be used by the developer Stuart Lichter to improve the exterior of the former office and factory building as well as upgrade the parking lot on the south side, which includes elevated walkways over Maple Street. The redevelopment plan for the complex includes manufacturing, distribution, office and other mixed use (retail and possibly residential). Mayor David Held thanked the Stark County Commissioners, North Canton City Council members, City Development Director Eric Bowles, and the Stark Development Board for their help in obtaining the grant. To read more about the awarding of the grant, click on this Repository article.(563k pdf)

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