Baker Hughes Buys Massillon Land for Utica Shale Facility – Baker Hughes Oilfield Services closed on a multi-million-dollar purchase of 108.8 acres at the Northeast Ohio Commerce Park in Massillon. Headquartered in Houston, Baker Hughes is one of the largest oil and gas well completion and drilling research companies in the world, employing over 58,000 people globally. The energy industry giant, with $19.8 billion in sales last year, confirmed it closed on the land on August 14. Massillon Mayor Kathy Catazaro-Perry said Baker Hughes may break ground before the end of the year. Historically low natural gas prices, caused by an abundance of shale-derived gas and an unusually warm winter, have prompted energy companies to slow drilling and delay related projects. The Baker Hughes site would serve oil companies and their drilling operations in the Ohio Utica shale, according to Akron commercial real-estate firm NAI Cummins, which assisted Baker Hughes in the Massillon project. Bob Raskow, NAI Cummins vice president, said the company liked the Massillon site in part because of its proximity to I-77 and State Route 21 and because there is a rail line on the southern portion of the property. Raskow and Catazaro-Perry said that the Baker Hughes selection process involved Miller Land Development Ltd., the Massillon Development Foundation, the city’s Chamber of Commerce and other Stark County and regional development organizations. To read more about the land purchase, click on this Akron Beacon Journal article.
Tokyo Based Company Signs Contract with Magnetech Industrial Services of Massillon – Magnetech Industrial Services inked a contract on August 8 that makes its Massillon facility the exclusive service provider for large industrial motors built by Tokyo-based Toshiba Mitsubishi-Electric Industrial Corp. (TMEIC). Magnetech will be TMEIC’s service provider for large induction and synchronous industrial motors with an International Electrotechnical Commission frame size of 250 and larger. “We do a lot of work for motor companies around the world that have no manufacturing in the United States,” said Michael P. Moore, president of Magnetech’s parent company, MISCOR. MISCOR bought the former 3-D services in 2007 and renamed it Magnetech. In 2010, MISCOR moved its corporate headquarters from South Bend, Indiana, to Massillon. Magnetech’s Massillon plant services, repairs and overhauls motors used in a variety of large industries, including steel and paper. TMEIC spent over two years looking at eleven (11) service providers before deciding on Magnetech in Massillon. Moore said that being selected as TMEIC’s exclusive North American service provider is a testament to the work force. “The technicians we have are second to none in the industry and are specialists in their field,” said Moore. To learn more about Magnetech and its new contract, click on this Massillon Independent article.
Southwest Airlines Starts Flights from Akron-Canton Airport – For the first time in the airport’s history, Southwest Airlines is offering Southwest-branded service from Akron-Canton to its hubs at Denver International Airport and Chicago Midway International Airport. The new flights are the latest development in Southwest’s acquisition of AirTran, which closed in May 2011. To mark the occasion, airport officials held a media event on August 13 by AirTran’s gates. “We can get you through Chicago and Denver to nearly all of the 76 airports that Southwest serves,” said Bob Jordan, Southwest’s executive vice president. Akron-Canton Airport now has two new Southwest flights a day to Chicago Midway and one Southwest Flight a day to Denver. Jordan said that Southwest, which has about 550 planes, is in the process of integrating AirTran, which has about 140 planes, into its operations by 2015. AirTran now flies nonstop from Akron-Canton to Atlanta, Tampa, Fort Myers, Orlando, Boston and New York LaGuardia. Jordan said AirTran passengers will be able to connect to Southwest flights and Southwest passengers to AirTran flights starting sometime between January and March. Southwest is expected to add an additional 40 employees to the 40 AirTran employees currently serving Akron Canton. To read more about Southwest’s service out of Akron-Canton, click on this Canton Repository article.