July 3, 200816 yr State OKs $24 million in NetJets tax credits Business First of Columbus Tuesday, July 1, 2008 - 10:15 AM EDT State officials have approved tax credits for NetJets Inc. and its sister company as the aviation business readies for a $200 million expansion in Columbus. The Ohio Tax Credit Authority approved the tax credits for the New Jersey-based private aviation company, which are tied to creating and retaining nearly 2,800 jobs in the region. NetJets and FlightSafety International were awarded 75 percent credits for 15 years to help them expand their Columbus operations. The value of NetJets' tax credit over its term is $24 million. The private aviation company would be required to maintain operations in Columbus for 30 years. The company proposes to expand its 192,554-square-foot complex by 415,000 square feet. The $73 million project is expected to create 735 jobs and retain 1,865 positions within the first three years of the project's start. FlightSafety's tax credit is valued at $2.4 million. Its project, valued at more than $122.5 million, is expected to create 75 jobs and relocate 109 positions. The aviation trainer proposes to construct a 100,000-square-foot center next to NetJets' office on Bridgeway Avenue near Port Columbus International Airport. MORE: http://www.bizjournals.com/columbus/stories/2008/06/30/daily9.html?f=et58&ana=e_du
July 8, 200816 yr New business declines in Ohio Despite No. 47 ranking for state, Columbus area seen as bright spot Saturday, July 5, 2008 By Steve Wartenberg, THE COLUMBUS DISPATCH Ohio ranked 47th in the U.S. in entrepreneurial activity in 2007, according to a recent study by the Ewing Marion Kauffman Foundation. The nonprofit organization based in Kansas City supports entrepreneurs. Local business experts said the rating is a reflection of the state's poor economy but that central Ohio is doing better than the rest of the state. "No question, we're the shining light in the state, although that isn't saying much," said Bill LaFayette, vice president of economic analysis at the Columbus Chamber. Read more at http://www.columbusdispatch.com/live/content/business/stories/2008/07/05/entrepreneurs.ART_ART_07-05-08_C8_K4AL9BF.html?sid=101
July 20, 200816 yr With gas prices going up, I can only see all of the annexed land that was turned into sprawl dragging us down if we don't un-annex it in the future or take measures to ensure redevelopment there is walkable. I don't see the latter happening since even in urban areas like Olde Towne East and just across the street in German Village and on Parsons, the city allows sprawl to be built today.
August 3, 200816 yr Full story: http://www.columbusdispatch.com/live/content/local_news/stories/2008/08/02/local_economy.ART_ART_08-02-08_A1_EFATU66.html?sid=101 <b>Central Ohio up nearly 4,000 for the year, but maintaining stability isn't easy, experts say</b> Saturday, August 2, 2008 3:02 AM BY DAN GEARINO THE COLUMBUS DISPATCH National employment statistics released yesterday provide fresh evidence of a deepening downturn. So far, however, central Ohio has avoided the brunt of a storm that has engulfed much of the state and country. The eight-county area has gained 4,000 jobs in 2008, during which time the nation has lost nearly a half-million jobs. "You're not going to be unaffected by a deteriorating national labor picture," said Ken Mayland, president of ClearView Economics near Cleveland. "Still, you may consistently outperform the national numbers. That can persist for a long time, and in certain regions, it has persisted for a long time."
August 7, 200816 yr State OKs $500K roadwork grant for NetJets expansion Business First of Columbus Monday, August 4, 2008 - 5:23 PM EDT The state Controlling Board has approved a $500,000 roadwork grant for NetJets Inc.’s expansion, another installment in the multimillion-dollar public incentive package that helped keep the aviation company in Columbus. The grant is being extended to the city so it can improve Stelzer Road near NetJets’ corporate campus at Port Columbus International Airport, the state said Monday. Improvements would extend from the intersection of Stelzer Road with James Road and Allegheny Avenue and the section of Stelzer between East Fifth Avenue and Johnstown Road. Improvements will include modifications to turn lanes and traffic signals. The Controlling Board in May OK’d a $2 million roadwork grant to the Columbus Regional Airport Authority for the NetJets’ expansion, and the state in July approved $24 million in tax credits for the project. Read more at http://www.bizjournals.com/columbus/stories/2008/08/04/daily9.html?ana=from_rss
August 7, 200816 yr now that is an example of ohio acting quickly and hopefully appropriately to partner with business (the state generally seems to have the rep of hindering business).
August 14, 200816 yr Recession creeps closer Most of Ohio is down; Columbus area is 'at risk' Thursday, August 14, 2008 - 3:19 AM By Steve Wartenberg THE COLUMBUS DISPATCH The economies of most cities in Ohio are in a recession, but not Columbus, a leading economic research firm has reported. However, the capital region is at risk of falling into one, according to the Moody's Economy.com report. The "at risk" designation, said Megan Ellis, an Economy.com assistant analyst, means Columbus "is doing OK right now, but there's a possibility it could slide into recession, but that will probably depend on how the national economy fares." Full story: http://www.dispatch.com/live/content/business/stories/2008/08/14/ohio_recession.ART_ART_08-14-08_C12_MKB153R.html?sid=101
August 16, 200816 yr CENTRAL OHIO REPORT 4,000 local jobs created in 2008 Friday, August 15, 2008 - 3:05 AM By Steve Wartenberg THE COLUMBUS DISPATCH More people than ever were working in central Ohio during the first half of the year, as employment rose to 950,800, according to a report yesterday from the Columbus Chamber. "We had a very good first half," said Bill LaFayette, the chamber's vice president for economic analysis, noting that 4,000 jobs were added during that period. However, he warned the area could lose 2,800 jobs in the next six months. "But this is still good news compared to what's going on at the national level," LaFayette said. Read more at http://www.dispatch.com/live/content/business/stories/2008/08/15/economic_forecast.ART_ART_08-15-08_C12_BCB1DU7.html?type=rss&cat=&sid=101&title=4%2C000+local+jobs+created+in+2008
August 26, 200816 yr Chase thriving in region: Bank One merger wasn't doomsday for local jobs -- in fact, quite the opposite Sunday, August 24, 2008 By Steve Wartenberg, THE COLUMBUS DISPATCH Just as they are now, jobs were a precious central Ohio commodity in early 2004. So, the announcement of JPMorgan Chase's proposed $58 billion acquisition of Bank One -- and the possible loss of hundreds, perhaps thousands, of the two companies' 12,500 local jobs -- sent shock waves through the Columbus area. "There was a real sky-is-falling mentality," said Chase spokesman Jeff Lyttle. And why not? Mergers and layoffs go hand in hand. When the deal was announced Jan. 14, company officials said 10,000 employees would be let go to save money. How many would come from the 9,500 local employees of Bank One and 3,000 at Chase? Read more at http://www.dispatch.com/live/content/business/stories/2008/08/24/chase.ART_ART_08-24-08_D1_JTB3PNK.html?sid=101
September 3, 200816 yr Lear Corp. will close Zanesville factory Wednesday, September 3, 2008 4:24 PM By Josh Jarman The Columbus Dispatch ZANESVILLE, Ohio -- Lear Corp. is closing its automotive electronics factory in Zanesville, a union leader said today, which will mean the layoffs of more than 200 people. Mark Chema, union president of the International Association of Machinists and Aerospace Workers local 1628, said labor leaders were informed of the company's decision to close the plant at about 1:30 p.m. today... http://www.dispatch.com/live/content/local_news/stories/2008/09/03/learclosing.html?sid=101
September 3, 200816 yr Thank you NAFTA and a @#$^ed up economy for yet another loss. Ohio just cannot bat a home run it seems...
September 9, 200816 yr Survey: Columbus 4Q hiring plans weaker Business First of Columbus Tuesday, September 9, 2008 - 11:20 AM EDT A survey is projecting a slowdown in Columbus-area employers’ hiring plans for the fourth quarter. The Manpower Employment Outlook Survey released Tuesday indicates that for October through the end of the year, 6 percent of surveyed employers plan to hire, while 7 percent expect to cut workers. Another 65 percent expect no change, while the rest are undecided on staffing plans. Around the state, the hiring outlook is more robust, with an average 17 percent of surveyed employers expecting to hire while 10 percent are projecting cuts. Plans for payroll additions in the state’s other two largest cities, Cincinnati and Cleveland, are on par with the statewide average. Read more at http://columbus.bizjournals.com/columbus/stories/2008/09/08/daily8.html
September 10, 200816 yr Odd that a ranking of best places to retire hinges so much on job growth. Then again, this is Forbes.
September 10, 200816 yr Why don't we just close this now? :roll: Seriously. You know exactly what this will turn into.
September 10, 200816 yr wouldn't exactly call Columbus a 'river city' either. See Cincinnati, St. Louis, Pittsburgh, etc.
September 11, 200816 yr Well ANYWAY, it's good Columbus gets positive press for this. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
September 11, 200816 yr Good for Columbus. I honestly don't know much about the DT Columbus housing market--when they say empty nesters are moving downtown in droves, are they talking CBD or places like Short North/Arena District?
September 11, 200816 yr When people are talking about "empty nesters" moving downtown, I think they're talking about the CBD. Or at least the traditional definition of the CBD, which is the denser core of downtown Columbus. This definition should now probably include the Arena District. Empty nesters usually are moving from a larger, more suburban property. The kids have moved out, so they don't need a big house anymore. They're getting older, so they don't want the property maintenance anymore. So, empty nesters are generally looking for a residence with less space and less (or no) maintenance. The properties that fit this criteria are usually downtown condominiums. Usually multi-story new construction or recently renovated condominium buildings. And there have been many of these type in downtown Columbus since 2000.
September 11, 200816 yr Although this is bad news for us, we are gaining new jobs: Avon Distribution Center - approx 600 jobs Time Warner Call Center - approx 500 jobs These numbers are for when they are fully operational. We are also gaining several new full and part time jobs in the healthcare industry. I just had to interject something positive into this thread!
September 12, 200816 yr They called Columbus a college town... not saying it isn't true to an extent, but that's a little sad. I mean, it's not exactly Athens or Oxford.
September 13, 200816 yr To be fair, they've also called Boston a "college town," and that's a metropolitan area of 7.5 million people. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
September 13, 200816 yr To be fair, they've also called Boston a "college town," and that's a metropolitan area of 7.5 million people. Babson College Babson Park Bentley College Waltham Berklee College of Music Boston Boston Architectural Center Boston Boston College Chestnut Hill Boston Conservatory, The Boston Boston Theological Institute, The Newton Centre Boston University Boston Brandeis University Waltham Bunker Hill Community College Boston Cambridge College Cambridge Curry College Milton Eastern Nazarene College Quincy Emerson College Boston Emmanuel College Boston Endicott College Beverly Fisher College Boston Franklin W. Olin College of Engineering Needham Gordon College Wenham Gordon-Conwell Theological Seminary South Hamilton Harvard Business School Boston Harvard University Cambridge Hellenic College Brookline Lasell College Newton Lesley College Cambridge Longy School of Music Cambridge MIT Cambridge Massachusetts College of Art Boston Massachusetts College of Pharmacy and Allied Health Sciences Boston Merrimack College North Andover Mount Ida College Newton New England College of Optometry Boston New England Conservatory of Music Boston New England School of Law Boston Northeastern University Boston Pine Manor College Chestnut Hill Radcliffe College Cambridge Regis College Weston Roxbury Community College Roxbury Crossing Salem State College Salem School of the Museum of Fine Arts Boston Simmons College Boston Stonehill College Easton Suffolk University Boston Suffolk University Law School Boston Tufts University Medford University of Massachusetts Amherst Wellesley College Wellesley Wentworth Institute of Technology Boston Wheaton College Norton Wheelock College Boston I don't think that some of these are very close to Boston, but still.. Boston is very collegiate.
September 18, 200816 yr I don't think that some of these are very close to Boston, but still.. Boston is very collegiate. I believe I read somewhere that the Boston metro area has the largest college-student per capita ratio with Columbus in second.
September 18, 200816 yr Philadelphia has got to be up there as well. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
September 24, 200816 yr NetJets deal could net 395 new jobs in Gahanna Gahanna might gain more than $1.1M in revenues over next four years Tuesday, September 23, 2008 - 6:50 PM By TOM SHEEHAN, ThisWeek Contributor Gahanna could add 395 new jobs and get more than $1.1-million in tax revenue over the next four years if a tax-break deal with NetJets Inc. wins council approval next month. Council members and other city officials at a finance committee-of-the-whole meeting Monday night seemed excited by the proposal that would give NetJets a 25-percent rebate on income taxes generated by the company, which wants to expand operations to two vacant adjoining buildings at 800 Tech Center Drive and 775 Taylor Road. The rebate would amount to an estimated $108,000 over the next four years. Gahanna would get an estimated $324,000 per year in income, property and corporate taxes, with rebate money taken only from income taxes. "We think this is a good opportunity to keep NetJets in this area," Anthony Jones, deputy director of planning and development, told council. Read more at http://www.thisweeknews.com/live/content/gahanna/stories/2008/09/17/NetJets.html?type=rss&cat=&sid=104
October 2, 200816 yr NetJets deal might double initial cost figure Relocation of airport's radar station part of soaring price tag Wednesday, October 1, 2008 - 3:00 AM By Marla Matzer Rose THE COLUMBUS DISPATCH The deal to retain NetJets Aviation at Port Columbus could end up costing the Columbus Regional Airport Authority more than twice what it originally forecast. The new estimate of $28.1 million is a "worst-case scenario," and the hope is to reduce the amount to $23.2 million, said Robin Holderman, the authority's vice president of real estate, in a meeting of the airport authority board yesterday. Still, "we have a lot of skin in this game," Holderman said, acknowledging the lower amount is still double the original $11.5 million estimate given when the deal to keep the Warren Buffett-controlled private-jet firm was announced in March. The biggest contributor to the higher cost is the relocation of Port Columbus' radar station. The facility created a potential barrier for NetJets' nearly tripling the size of its campus at the airport. The expected price tag of that has now ballooned from $4.5 million to almost $12 million because the airport has determined it will need to get a temporary radar facility while it relocates to the current one. FULL ARTICLE: http://www.dispatch.com/live/content/business/stories/2008/10/01/airport_august.ART_ART_10-01-08_C8_2MBFNQB.html?sid=101
October 9, 200816 yr NetJets workers moving for a while Thursday, October 9, 2008 - 3:26 AM By Marla Matzer Rose THE COLUMBUS DISPATCH NetJets will house nearly 400 workers in Gahanna while its expanded campus is built next to Port Columbus over the next several years. Gahanna City Council this week approved a tax rebate valued at about $432,500 over four years to aid NetJets' move into two vacant offices in Gahanna. In return, the city estimates that NetJets will generate $1.1 million in revenue for the city in the period. One of those offices was vacated by Alliance Data Systems when it received $1.1 million in tax incentives to move its 529 workers from Gahanna to Columbus two years ago. NetJets spokeswoman Maryann Aarseth confirmed that NetJets is making the short-term move to accommodate overflow from current NetJets offices at the airport and Easton, where other employees will remain. Those making the temporary move will be administrative workers in such areas as finance, information technology and employee relations, Aarseth said. FULL ARTICLE: http://www.dispatch.com/live/content/business/stories/2008/10/09/netjets_gahanna.ART_ART_10-09-08_C7_03BI8CR.html?sid=101
October 17, 200816 yr Economy better here, but area can't 'defy gravity' forever The number of jobs in Central Ohio has increased since December By EILEEN RYAN, COLUMBUS LOCAL NEWS Published: Monday, October 13, 2008 - 2:06 PM EDT Each day seems to bring more bad news from Wall Street and the national economic outlook, but economist Bill LaFayette had a different sort of news for Central Ohio. "What we're seeing in the local economy is very different from what is happening at the national level," said LaFayette, who is vice president of the economic analysis for the Columbus Chamber of Commerce. In the eight-county metropolitan area, there were 5,800 more jobs in August 2008 than in December 2007, he said -- an increase of 0.6 percent. March and April were the only months in that period that saw declines in employment; local employment figures for September will be available Oct. 17, he said. Read more at http://www.columbuslocalnews.com/articles/2008/10/15/tri-village_news/news/tvcolecono_20081013_1251pm_1.txt
October 28, 200816 yr Value City files for Chapter 11 bankruptcy Mon Oct 27, 2008 9:16am EDT NEW YORK, Oct 27 (Reuters) - Discount department store chain Value City Department Stores filed for Chapter 11 bankruptcy protection, citing the slowing U.S. economy and tightened credit terms, according to court filings. http://www.reuters.com/article/bondsNews/idUSN2731054220081027 -------------------------------------------------------------------------------------- Post edited 9-4-09 to comply with terms of use
October 28, 200816 yr ^Yes. Schottenstein Stores Company Description Schottenstein Stores is where the Schottenstein family keeps its retail holdings. The firm owns interests in a host of retail businesses, including about 51% of Retail Ventures (the operator of about three dozen Filene's Basement stores and nearly 260 DSW shoe warehouse stores). Schottenstein Stores also owns Value City Furniture (more than 80 superstores in the Midwest and East Coast states), 15% of casual clothing chain American Eagle Outfitters (some 900 mall stores in the US and Canada), and retail liquidator SB Capital Group, as well as 50 shopping centers. Chairman and retail magnate Jay Schottenstein is the largest shareholder in American Eagle, DSW, and Retail Ventures. http://www.hoovers.com/schottenstein-stores/--ID__40414--/free-co-profile.xhtml
October 28, 200816 yr it will be interesting to see what other retailers will go bankrupt, esp. after what is anticipated to be a lackluster holiday season. circuit city could be next to go under...
October 28, 200816 yr Not sure, but I'm very curious. I just paid off my furniture to VCF a few days ago -- great quality and selection as long as it's not in the very back :)
October 28, 200816 yr Value City Stores needed to re-invent themselves in the late 90's if they wanted to compete. They still had a pretty good flow of customers, so I'm thinking they were at the time posting good revenue. Also, Walmart had not taken over yet. However, they didn't, and left many stores to basically rot. They were dirty, out-dated (looked like a early 70's depatment store), had clutter everywhere and hired some poor employees. if anyone says that Walmart led to the demise of VC, that is garbage. VC did it to itself. You could shop much cheaper at VC than Walmart, but it really simply was depressing walking in one of their stores. Granted, Walmarts are newer, but they constantly renovate, re-floor, and clean their stores. They're bright and welcoming also...hence the greeter at the front door.
October 28, 200816 yr Value City Stores needed to re-invent themselves in the late 90's if they wanted to compete. They still had a pretty good flow of customers, so I'm thinking they were at the time posting good revenue. Also, Walmart had not taken over yet. However, they didn't, and left many stores to basically rot. They were dirty, out-dated (looked like a early 70's depatment store), had clutter everywhere and hired some poor employees. if anyone says that Walmart led to the demise of VC, that is garbage. VC did it to itself. You could shop much cheaper at VC than Walmart, but it really simply was depressing walking in one of their stores. Granted, Walmarts are newer, but they constantly renovate, re-floor, and clean their stores. They're bright and welcoming also...hence the greeter at the front door. AMEN. At one time you could go to ValueCity on Miles or on Brookpark and pick up gucci, Vesace, Prada, Calvin Klein, Ralph Lauren, Anna Sui, Donna Karan, Ferré, Armani, Valentino, Fendi or Dolce. Now its all crap.
January 14, 200916 yr FIRST THE GOOD NEWS ... :-) Battelle to invest $200 million in area, add 200 jobs 3 central Ohio locations part of expansion plan Updated: Wednesday, January 14, 2009 - 09:42 AM By Kevin Mayhood, THE COLUMBUS DISPATCH Battelle will renovate offices and labs in Columbus, expand a manufacturing plant in Dublin and build a research facility in West Jefferson -- in all, creating at least 200 jobs, the nonprofit research organization and local leaders say. The investment will top $200 million, Battelle announced today. Most of the investment will go to health and life science research. Despite the down economy, business is growing for Battelle, which develops new technology for industry and governments. Some of the investment will pay to renovate and expand lab and office space at Battelle's 20-building campus on King Avenue, just south of Ohio State University. Read more at http://www.dispatch.com/live/content/local_news/stories/2009/01/14/battelle_invests.ART_ART_01-14-09_A1_K0CHHMG.html?sid=101
January 14, 200916 yr FIRST THE GOOD NEWS ... :-) THEN THE BAD NEWS :-( Mount Carmel announces 300 job cuts Some layoffs included in cuts Updated: Tuesday, January 13, 2009 - 09:59 PM By Suzanne Hoholik, THE COLUMBUS DISPATCH In past economic downturns, many people have applied for jobs at hospitals because health care had been considered recession-proof. But this downturn is not like others, and one Columbus hospital system has announced job cuts as the others tighten their belts. Mount Carmel Health System announced today that it will eliminate 300 positions from its payroll. The cuts include an unspecified number of layoffs. Read more at http://www.dispatch.com/live/content/local_news/stories/2009/01/13/mount_carmel_web.html?sid=101
January 23, 200916 yr <b>Job-loss forecast not as awful for Columbus</b> January 20, 2009 3:14 AM By Dan Gearino Hold on tight. This could get nasty. Nearly every metropolitan area in the country will lose jobs this year, including Columbus and every other major city in Ohio, according to a new forecast released by the U.S. Conference of Mayors. The report says Columbus will report a net loss of 7,700 jobs, or 0.8 percent. Those numbers, while certainly not good, are better than in Cleveland and Cincinnati, which are projected to lose 2.1 percent and 2 percent of their current jobs total, respectively. Columbus' unemployment rate is projected to rise to 8.9 percent, which would be the highest since June 1983. MORE: http://www.dispatch.com/live/content/local_news/stories/2009/01/20/job_declines.ART_ART_01-20-09_A1_16CK5O9.html?sid=101
January 25, 200916 yr That article makes me think that that the job loss estimates for Cbus are entirely too small. Obviously, the university and state gov't work force is quite stable, but I think those retailers are going to be laying off a lot of folks.
January 30, 200916 yr That article makes me think that that the job loss estimates for Cbus are entirely too small. Obviously, the university and state gov't work force is quite stable, but I think those retailers are going to be laying off a lot of folks. That could be. Although the Big Lots closeout/deep discount business model should probably do well in this recession.
January 30, 200916 yr Downtown, suburban vacancy rates ease Business First of Columbus Monday, January 26, 2009, 2:07pm EST Downtown Columbus finished the year with a slightly lower vacancy rate than 2007, bucking a national trend - but barely, according to a report from brokerage network Colliers International. Colliers in its quarterly snapshot of major metropolitan areas' downtown vacancies found Columbus' rate stood at 13.1 percent, down slightly from 13.4 percent at the end of 2007. Vacancy rates in Ohio's other two largest cities were higher than Columbus. Cleveland's rate fell to 16.4 percent from 17 percent over the year, while downtown Cincinnati's rate held steady at 17.3 percent. Vacancy rates around the nation jumped more than a percentage point over the year, finishing at 14.2 percent, up from 12.6 percent at the end of 2007. Colliers said a lower demand for office space is tied to the recession and ongoing corporate job cuts. Read more at http://columbus.bizjournals.com/columbus/stories/2009/01/26/daily5.html?ana=e_du_pub
March 3, 200916 yr Central Ohio jobless rate leaps to 7.5% Business First of Columbus Tuesday, March 3, 2009, 10:06am As unemployment rates ticked up in all of Ohio’s 88 counties last month, Central Ohio’s jobless level leapt to a nearly 25-year high of 7.5 percent, the Ohio Department of Job and Family Services reported Tuesday. The seasonally unadjusted unemployment rate for the seven-county region – the highest since the summer of 1984 – is up from 6.2 percent in December 2008 and 5.1 percent a year ago. That’s a leap similar to the one Ohio took last month as its jobless rate soared to 8.8 percent from 7.4 percent in December. Unemployment rates in Ohio’s three largest cities last month: • Columbus – 7.3 percent, up from 6.2 percent in December. • Cincinnati – 8 percent, up from 6.5 percent in December. • Cleveland – 9.4 percent, up from 8.9 percent in December. Read more at http://columbus.bizjournals.com/columbus/stories/2009/03/02/daily12.html?ana=e_du_pub
March 4, 200916 yr I imagine Toledo hangs on the continued existence of Chrysler/Jeep, whereas there isn't one big employer in Columbus that could cause a blowout in unemployment. There could be a serious decline in wealth as the state and OSU roll out ever bigger unpaid furlows (better known as paycuts), but the raw number likely stays more stable. There is no way anyone gets to Toledo Depression levels of 80 percent this time.
March 4, 200916 yr Attacks on Pharmacies would really be return to form as the inner-cities ones were often had bulleyes painted on them during the sixties riots. Certainly, on a going forward basis, Toledo needs the solar thing to catch on, but if Chrysler shut down tomorrow. I'm not sure that would matter. To Columbus, a knee to the groin would probably be if Chase Bank had to drop a bunch of workers. It looks they will win, which is good for Cbus. Cities with winning banks will do well, those w/ losers not so well - this is what is so scary about the 5/3 situation in Cincy, where one week it is dead and the next week it is poised for recovery.
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