OHIO RIVER CORRIDOR
Two Sides
to Every River
to Every River
One of the more salient attributes of the Ohio River corridor is the fact that it's a meeting point for two or more states and multiple communities. Thus companies can shop among the rivals, and the rivals duke it out to the overall benefit of the entire region.
That scenario plays out in places like Huntington,W. Va.-Ashland, Ky., and the Cincinnati-Northern Kentucky MSA, and replays in Louisville-Southern Indiana and Evansville, Ind.-Henderson, Ky. In Hamilton County, Ohio, home county of Cincinnati, some 48 projects occurred between early 2003 and August 2004, according to the Conway New Plant Database. That total included a $155-million upgrade at Ford Motor Co.'s Sharonville plant, a $105-million investment by outsourced services leader Convergys and a $5-million expansion by homegrown Procter & Gamble.
The combined 17 projects in Kentucky's Campbell, Kenton and Boone counties during that period included a new $50-million FedEx Ground hub, a $41-million headquarters expansion by Ticona Polymers and a $15-million headquarters expansion by Toyota Motor Manufacturing North America.
More recent projects include the 320,000-sq.-ft. (29,728-sq.-m.) printing and distribution facility being developed on 31 acres (12.5 hectares) in Hebron for longtime Cincinnati-based packaging concern C.W. Zumbiel by prominent developer Corporex. The $42-million Zumbiel project will eventually mean the transfer of 400 employees and the creation of 65 new positions. The project will receive an incentives package worth some $3.7 million from state and local entities.
In the Campbell County town of Silver Grove, the river corridor theme of building materials rises again, with a $12-million expansion by gypsum wallboard manufacturer Lafarge North America. That theme continues along the hypoteneuse of the Golden Triangle region of Cincinnati, Louisville and Lexington, with industrial investments in alloy wheels, coiled and flat-roll steel and stainless steel slag in the Kentucky towns of Warsaw, Ghent and Carrollton, respectively. On the opposite bank, Madison, Ind., is seeing a $6-million expansion by wiring harness and automotive signal maker Grote Industries and a $2-million expansion from industrial truck maker Rotary Lift Corp.
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| Infiniti Media's new plant in Paducah, Ky., will give the company its first North American manufacturing presence, chosen for its central location logistics advantages. |
That scenario plays out in places like Huntington,W. Va.-Ashland, Ky., and the Cincinnati-Northern Kentucky MSA, and replays in Louisville-Southern Indiana and Evansville, Ind.-Henderson, Ky. In Hamilton County, Ohio, home county of Cincinnati, some 48 projects occurred between early 2003 and August 2004, according to the Conway New Plant Database. That total included a $155-million upgrade at Ford Motor Co.'s Sharonville plant, a $105-million investment by outsourced services leader Convergys and a $5-million expansion by homegrown Procter & Gamble.
The combined 17 projects in Kentucky's Campbell, Kenton and Boone counties during that period included a new $50-million FedEx Ground hub, a $41-million headquarters expansion by Ticona Polymers and a $15-million headquarters expansion by Toyota Motor Manufacturing North America.
More recent projects include the 320,000-sq.-ft. (29,728-sq.-m.) printing and distribution facility being developed on 31 acres (12.5 hectares) in Hebron for longtime Cincinnati-based packaging concern C.W. Zumbiel by prominent developer Corporex. The $42-million Zumbiel project will eventually mean the transfer of 400 employees and the creation of 65 new positions. The project will receive an incentives package worth some $3.7 million from state and local entities.
In the Campbell County town of Silver Grove, the river corridor theme of building materials rises again, with a $12-million expansion by gypsum wallboard manufacturer Lafarge North America. That theme continues along the hypoteneuse of the Golden Triangle region of Cincinnati, Louisville and Lexington, with industrial investments in alloy wheels, coiled and flat-roll steel and stainless steel slag in the Kentucky towns of Warsaw, Ghent and Carrollton, respectively. On the opposite bank, Madison, Ind., is seeing a $6-million expansion by wiring harness and automotive signal maker Grote Industries and a $2-million expansion from industrial truck maker Rotary Lift Corp.
