Montrose Group Client City of Strongsville Awarded $1.6 M Federal Budget Earmark
The City of Strongsville was recently successful in securing $1.6 Million in support through the help of Congressman Anthony Gonzales and U.S. Senator Sherrod Brown in federal community project funding to upgrade and replace outdated stormwater infrastructure, which impacts homeowners, drivers, and businesses along Prospect Road. These funds were made possible through action taken by […]
Introducing Corporate Site Location Projects the Smart Way – the Key to Success
Amazon’s HQ2 public corporate site location process is not the typical corporate site location project introduction. Corporate site location project introductions need to be focused on a handful of communities based upon a data driven analysis, kept confidential if possible and communicate everything the company needs in a site without relaying who the company is, […]
Ohio Department of Natural Resources Launches New Funding Rounds for Trail Programs
Ohio is home to an abundance of natural resources and thousands of miles of trails that connect residents and visitors to the state’s diverse beauty. Ohio’s trail systems bring people together, provide alternative transportation routes, promote healthy living, attract new residents, and have positive impacts on local economies. As remote workforce options become more prevalent […]
Montrose Group’s Client Newark Arcade Wins Ohio Transformational Mixed Use Development Tax Credit
The Newark Arcade Project, a Montrose Group client, was one of 13 projects awarded the highly competitive Ohio Transformational Mixed Used District (TMUD) tax credit by the Ohio Tax Credit Authority on March 2, 2022. The Ohio Tax Credit Authority approved these awards as part of the $100 million first round of the state’s new […]
CHIPS Act Key to Reshoring of Global Semiconductor Manufacturing Industry
Semiconductors are tiny electronic devices based primarily on silicon or germanium that are fundamental to nearly all modern industrial and national security activities. They are also essential building blocks of other emerging technologies, such as artificial intelligence, autonomous systems, 5G communications and quantum computing. For decades the U.S. manufacturing share for semiconductors or microchips as […]
Demand Side EV Strategies Driven by State Public Policy
The world’s automakers have signaled they intend to make the switch to Electric Vehicles (EVs) in the coming years, which would be the first major development in the type of vehicles we drive since mass production of the combustion engine began. We have seen in recent years the growth of companies like TESLA and how […]
Legislative Redistricting Fights Impacting the Future of Political Parties
Legislative redistricting has never been easy. Often state legislators or their political supporters are asked to redraw their own legislative districts to better reflect new population trends generated by the census every ten years. Asking legislators to redraw their own districts is like asking taxpayers to decide how much in taxes they should pay. According […]
Ohio ED Incentive Reports
Ohio, like all state economic development programs, require substantial compliance requirements. As an example, annual reporting requirements compliance exist tied to the Ohio Job Creation Tax Credit as well as the state of Ohio’s two property tax abatement programs- Community Reinvestment Area (CRA) and Enterprise Zone (EZ) programs. These program’s annual reports are due in […]
Montrose Group Economic Development Incentive Update 2/4/22
Montrose Group Economic Development Incentive Update 2/4/22 Indiana Nucor Corporation will invest $290 million to expand the product capabilities of its sheet mill in Crawfordsville. The Indiana Economic Development Corporation (IEDC) is working with Nucor to finalize a committed investment in the form of incentive-based tax credits based on the company’s job creation and investment plans. Montgomery […]
Availability of Skilled Workforce Critical to Corporate Site Location Analysis
A region’s workforce is a critical measure of its economic success. An examination of a community’s workforce has three distinct components: the size, unemployment rate, and education level of the workforce; the occupation and earnings of the workforce; and the commuting patterns of the workforce. As an example, Athens County, Ohio has a labor force […]
