The head of a congressional panel has visited southwest Ohio for a hearing packed by salaried retirees of a bankrupt auto-parts supplier who are suing to have their full pensions restored.
The Dayton Daily News reports Republican Rep. John Mica of Florida vowed Monday to subpoena more people about why pensions of Delphi salaried retirees were cut while those of other auto industry retirees were not. Mica leads the Subcommittee on Government Operations for the House Oversight Committee.
Republican Rep. Mike Turner of Dayton is on the committee and urged Mica to attend the meeting to hear from retirees.
The Dayton Development Coalition has wrapped up its annual trip to Washington, D.C. this week. The fly-in includes business, educational and government leaders from the area. This week on PoliticsOhio, Emily McCord is joined by Michael Gessel with the Dayton Development Coalition to talk about the trip.
Montgomery County has recommended funding for seven projects totaling nearly 7 million dollars. The grants are expected to bring in over 400 jobs to the area.
The Economic Development Government Equity program or EDGE was created by Montgomery County in the early 90s to bring news jobs and promote other economic efforts in the region. It identified two projects in the city of Dayton, each would receive half a million dollars in funding. One is ESP 2.0-a program that promotes entrepreneurs in technology in the region. The other is the Project Peco site on McCall Street. The funding will transform a 425 thousand square foot building into manufacturing space.
Honda announced yesterday it will bring back its so-called “supercar” Acura NSX after suspending production in 2005. And the new high performance two-seater will be built in Ohio.
“We will renew the dream and build this high-tech supercar right here in Marysville, Ohio," says Honda executive, Hidenobu Iwata
Hundreds of employees cheered Honda of America CEO Hidenobu Iwata as he announced that the company will spend 70 million dollars to build the Acura NSX in Marysville. The NSX was manufactured in Japan from 1990 to 2005. Governor John Kasich called Honda’s decision a “home run” for Ohio.