Tuesday, March 20, 2012

What We Learned At This Week's Meeting


Today we heard from Andy Kuchta who is the Director of Clermont County Economic Development.
Here's what he shared...

The office of economic development helps businesses with:
  1. Grants
  2. Financing
  3. Site Selection
  4. Business incentives
People ask why economic development matters:
  1. 57.6% of county residents work in a different county compared to 16.2% of Hamilton, 40.3% of Butler
  2. We need to increase areas such as manufacturing
  3. We want people outside our county to buy our stuff
  4. The top wage in our county is $29.54 per hour while there are many $10 and less per hour jobs
  5. Residential development does not “pay its own way”

What's being done to change our economic destiny?
  1. Developments such as Ivy Pointe, Jungle Jim's and the UC East/Ford Plant Redevelopment
  2. Much land is being marketed and targeted for development
Next week we will have Peter Weiglin share with us about our Rotary District 6670

Tuesday, March 13, 2012

What We Learned At This Week's Meeting


Today we heard from ChrisHamm of Global Scrap Management

GSM started in 2003 as an aluminum brokerage company, focusing on servicing industrial accounts, with particular interest in aluminum chips. In 2008, GSM opened a processing facility in Milford, Ohio to shred, separate, dry, and remove Fe from the chips, creating a melt-ready product. They also added transportation as a service to their customers. GSM recently opened a new facility in Batavia, Ohio for the purpose of melting chips and other grades of aluminum scrap into high quality alloy ingot and other products.

Aluminum is an expensive process due to the amount of energy involved in manufacturing it. All sorts of things are made of aluminum including cans, ceiling grid, wheels and window frames. An aluminum can is actually made up of 3 types of aluminum. Aluminum is being used more and more in automobiles, aircraft and tractor trailers because it increases fuel efficiency. It is interesting to realize aluminum can be recycled over and over again without losing any quality or elements.

Next week we will have Andy Kuchta who is the Director of Clermont County Economic Development