Shell’s $6 billion ethane cracker in western Pennsylvania also will impact Ohio, West Virginia – A $6 billion ethane cracker plant coming to western Pennsylvania could bring thousands of new jobs to Ohio, including the Akron area’s plastics industry. A subsidiary of Royal Dutch Shell announced plans on June 7 to build the plant on the Ohio River at Monaca in Pennsylvania’s Beaver County after studying the idea for four years. The long-awaited decision could have sweeping implications for the petrochemical and plastics industries in Ohio, Pennsylvania and West Virginia, where some experts say tens of thousands of jobs could be created as a result. The news also makes it more likely Ohio could get its own cracker plant. The cracker plant planned by Shell Chemical Appalachia LLC in Pennsylvania will turn ethane from drilling in the Utica and Marcellus shales into polyethylene for plastics, textiles, automotive components and pharmaceuticals. The Pennsylvania plant would be the first cracker plant in the three states and the first major cracker to be built outside the Gulf Coast in the last 20 years. To read the full article about Shell’s ethane cracker, please click here.
Technibus now part of Massillon-based business – Technibus has been purchased by IES Holdings and will become part of the company’s Infrastructure Solutions business segment along with Magnetech in Massillon. IES Holdings said the deal was a $45 million cash transaction. Technibus, located at 1501 Raff Road SW, builds components that conduct electricity between medium-voltage generators, transformers and switchgear. Most of the equipment is used at power plants or facilities that consume large amounts of electricity. About 115 people are employed at Technibus, while Magnetech has 77 employees. IES's Infrastructure Solutions business is based in Massillon in Magnetech's offices at 800 Nave Road SE. Magnetech offers electric motor repair and rebuilding, industrial lifting magnets, repairs and service for rail and transit companies, and other services from operations in Ohio, Alabama, California, Georgia, Indiana and West Virginia. To read more about IES purchase of Technibus, click on this Repository article.
New American flights to Chicago, LaGuardia from Akron-Canton – American Airlines announced on June 13 that it will be adding new nonstop service to Chicago from Akron-Canton Airport and adding a second flight to New York this fall. The airline will begin a twice-daily nonstop service to Chicago’s O’Hare Airport on Oct. 6. The new flights will be aboard a 50-seat Embraer ERJ-145 jet. The airline is also adding a second flight to New York’s LaGuardia airport, also on Oct. 6. “Chicago is a top destination and an international gateway, giving CAK travelers even more options for business and vacation travel. We expect the flights to be very popular,” said airport president and CEO Rick McQueen. For more information, please click on this link.
University of Mount Union faculty attend Babson College’s Entrepreneurship Education Symposium – Six faculty members from the University of Mount Union had an opportunity to attend a week-long teaching conference at Babson College, the premier entrepreneurship education center located in Boston, Massachusetts. Sixty-two professionals from around the world attended the conference with 27 attendees from 15 different countries including China, Korea, Brazil, Uruguay, Denmark, Spain, Italy and Saudi Arabia. The remaining attendees were from the United States. The Babson faculty did not just talk about how to teach entrepreneurship, they enacted entrepreneurship in the classroom by using various exercises and teaching moments—moments where they paused in presenting information and discussed the impact on the students. To read the entire University of Mount Union article, please click here.
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