Canton Regional Chamber endorses State Issue 1, Ohio's Third Frontier Renewal
Canton, Ohio (March 24, 2010) – The Canton Regional Chamber of Commerce announced at its board meeting Tuesday, March 16, that it is endorsing the Ohio Third Frontier renewal, State Issue 1. The Canton Regional Chamber is dedicated to promoting economic development, job creation and retention in Canton/Stark County. By endorsing Third Frontier, the Chamber hopes to bring new businesses, jobs, and capital to the area. The mission of Ohio Third Frontier is to establish Ohio as an innovation leader and to fuel long-term economic growth in the state. OTF is committed to targeting state investments to education, technologies and entrepreneurs. Through June 2009, OTF has created 48,000 jobs and produced $6.6 billion in total economic impact in Ohio. Renewal of Issue 1 would permit the state to sell bonds to raise another $700 million for Third Frontier investments over four years. In Stark County, OTF has made more than $11 million in investments in Stark State College since 2003. These investments have encouraged three major companies, Rolls Royce, Lockheed Martin and Contained Energy, to develop fuel cell research projects at Stark State. Rolls Royce and Contained Energy are operating facilities at Stark State. Through this research, the companies are developing commercial applications for fuel cell technology, and Stark State is educating the next generation of fuel cell technology workers. Contributing to the expansion of a technologically proficient workforce, the Canton Regional Chamber is proud to support Third Frontier in its mission to create, grow, and attract technology-based enterprises and entrepreneurs in Stark County and Ohio. For more information on this issue, contact: David C. Kaminski, director of education and government affairs at (330) 458-2059 or firstname.lastname@example.org.