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President Obama’s Promise Zones Initiative

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On January 9, 2014, the President announced the next step in those efforts by naming the first five “Promise Zones.” THE PROMISE ZONES INITIATIVE. The five Promise Zones announced are part of the 20 that will be announced over the next three years. so that each partner can work towards improvement and accountability.

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AutoTool To Build Plant In Union Rural Electric’s OH Territory

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Eric Phillips, Union County Economic Development Director (Photo credit: Erica Peerenboom Photography). AutoTool , a designer and manufacturer of automation systems for the manufacturing industry, has announced plans to build an 80,000 square-foot manufacturing/processing facility in Union County, Ohio.

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UPDATE: Seven New Locations Added To President Obama’s Promise Zones Initiative

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On January 9, 2014, the President announced the next step in those efforts by naming the first five “Promise Zones.” THE PROMISE ZONES INITIATIVE. The five Promise Zones announced are part of the 20 that will be announced over the next three years. so that each partner can work towards improvement and accountability.

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Industry Focus: Logistics – Going With The Flow

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logistics and transportation industry totaled $1.33 Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) Hours of Service (HOS) rule that went into effect on July 1, 2013 could create a reduction in industry productivity, projecting the need for another 100,000 drivers without an increase in shipping volume.

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Location Focus: Washington – Scenic Vistas And Soaring Industry Side By Side

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More than 20 states had aggressively courted the aerospace giant when in the midst of negotiating a new contract with the Machinist’s Union it signaled it was willing to consider relocation its primary assembly facilities. Inslee praised the union workers who approved the new contract that sealed the state’s long-term deal with Boeing.

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INDUSTRY FOCUS: Soaring To New Heights

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The Aerospace/Defense industry reported its third consecutive year of record revenue and profit last year. Although growth is expected to slow, commercial aerospace companies continue to be optimistic about the future, industry experts say. 12 percent of Tech’s engineering majors enter the aerospace/defense industry.

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Plastics On The Move

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The eighth largest industry in the U.S. continues to grow as demand for plastics in construction, automotive, and electrical/electronics markets expands.