{"id":901,"date":"2019-05-17T21:13:15","date_gmt":"2019-05-17T21:13:15","guid":{"rendered":"https:\/\/www.experiencegreaterakron.org\/?page_id=901"},"modified":"2019-05-28T20:48:23","modified_gmt":"2019-05-28T20:48:23","slug":"economic-overview","status":"publish","type":"page","link":"https:\/\/expgreaterakron.org\/?page_id=901","title":{"rendered":"Economic Overview"},"content":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; anchor=&#8221;Impact0&#8243; angled_section=&#8221;no&#8221; text_align=&#8221;center&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221;][vc_column][rev_slider_vc alias=&#8221;economic-hero&#8221;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221;][vc_column][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; padding_top=&#8221;100&#8243; padding_bottom=&#8221;50&#8243; css_animation=&#8221;&#8221; el_class=&#8221;divider&#8221;][vc_column_inner][vc_column_text css=&#8221;.vc_custom_1558708843821{padding-bottom: 50px !important;}&#8221;]<\/p>\n<h2>We Define Resilience.<\/h2>\n<p>[\/vc_column_text][vc_column_text]<\/p>\n<div class=\"body-text\">Akron, a rough and tumble town in the early 19th century, was a vital stop on the <a href=\"https:\/\/www.ohioanderiecanalway.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ohio &amp; Erie Canal.<\/a> (Today, the 87-mile <a href=\"https:\/\/www.ohioanderiecanalway.com\/explore\/the-towpath-trail\/\" target=\"_blank\" rel=\"noopener noreferrer\">Towpath Trail,<\/a> which follows the original canal, is a favorite hiking and biking spot.)<\/div>\n<div class=\"body-text\">But it was rubber that made us who we are. Akron was once called the rubber capital of the world because the major tire companies called it home. With the advent of the automobile in the early 20th century, Akron boomed. Its population tripled between 1910 and 1920.<\/div>\n<div class=\"body-text\">Tire manufacturing left Akron in the early 1980s. That was, of course, a punch in the gut. But once we realized the power of a knowledge economy, we were on our way. We honor the past but look to the future.<\/div>\n<ul>\n<li>We\u2019ve leveraged our significant history in advanced materials science. From nanotechnology-based adhesives to liquid crystal biosensors, our new economy is a natural outgrowth of our heritage.<\/li>\n<li>We have 17,000 polymer-related companies in Greater Akron.<\/li>\n<li>A 2019 report by Go.Verizon named Greater Akron among the top 50 regions for innovation.<\/li>\n<li><a href=\"https:\/\/www.uakron.edu\/cpspe\/\" target=\"_blank\" rel=\"noopener noreferrer\">The College of Polymer Science and Engineering<\/a> at <a href=\"https:\/\/www.uakron.edu\/\" target=\"_blank\" rel=\"noopener noreferrer\">The University of Akron<\/a> is ranked among the top three in the world.<\/li>\n<li><a href=\"https:\/\/www.kent.edu\/\" target=\"_blank\" rel=\"noopener noreferrer\">Kent State University<\/a> is home to the newly christened <a href=\"https:\/\/www.kent.edu\/amlci\" target=\"_blank\" rel=\"noopener noreferrer\">Advanced Materials and Liquid Crystal\u00a0Institute,<\/a> AMLCI. The AMLCI builds on the University\u2019s 50 years of liquid crystal research to embrace a broader array of materials and devices that interact and respond to the environment.<\/li>\n<li><a href=\"https:\/\/www.bridgestoneamericas.com\/en\/index\" target=\"_blank\" rel=\"noopener noreferrer\">Bridgestone Americas<\/a> has a $100 million R&amp;D center on the south side of Akron. In the past dozen years, several smaller players, including Hankook Tire America, have opened technical centers in the region.<\/li>\n<li>The new world headquarters of <a href=\"https:\/\/www.goodyear.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Goodyear Tire &amp; Rubber Company<\/a> anchors the stunning <a href=\"https:\/\/www.eastendakron.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">East End,<\/a> an award-winning mixed-use community with loft apartments, Class A office space, a gym and banquet halls.<\/li>\n<\/ul>\n<p style=\"margin-top: 20px; margin-bottom: 20px;\">But we\u2019re more than polymers.<\/p>\n<ul>\n<li>Akron is also home to <a href=\"https:\/\/www.signetjewelers.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Signet Jewelers,<\/a> the world\u2019s largest jewelry retailer. It has 3,500 stores under several banners, including Kay Jewelers, Zales and Jared The Galleria of Jewelry.<\/li>\n<li>More than 100 foreign-owned companies are located in Greater Akron, one of the largest international hubs in the Midwest.<\/li>\n<li>We have an emerging concentration of music-related manufacturers, including <a href=\"https:\/\/www.earthquakerdevices.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">EarthQuaker Devices<\/a> (guitar pedals), <a href=\"https:\/\/sitstrings.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">S.I.T. Strings<\/a> and <a href=\"https:\/\/www.panyard.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Panyard steel drums,<\/a> that builds on our place in music history.<\/li>\n<li>Northeast Ohio has five of the eight major interstates highways in the state, four of the seven airports, three Class 1 railroads and six deep-water ports. More than half of the nation\u2019s retail outlets are within a day\u2019s drive from Greater Akron, which explains in part why we are home to more than 150 trucking companies.<\/li>\n<li>More than 600 healthcare and biomedical companies call Greater Akron home, employing more than 230,000 and spending more than $1 billion in new investment.<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; anchor=&#8221;economic-overview&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;center&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221;][vc_column el_class=&#8221;divider&#8221;][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; padding_top=&#8221;50&#8243; padding_bottom=&#8221;100&#8243; css_animation=&#8221;&#8221;][vc_column_inner][vc_single_image image=&#8221;1124&#8243; img_size=&#8221;medium&#8221; onclick=&#8221;custom_link&#8221; img_link_target=&#8221;_blank&#8221; qode_css_animation=&#8221;&#8221; css=&#8221;.vc_custom_1558464420849{padding-bottom: 25px !important;}&#8221; link=&#8221;https:\/\/greaterakronchamber.org\/about-the-chamber\/elevate-greater-akron&#8221;][vc_column_text]<a href=\"https:\/\/greaterakronchamber.org\/about-the-chamber\/elevate-greater-akron\" target=\"_blank\" rel=\"noopener noreferrer\">Elevate Greater Akron<\/a> is the result of about a year of work among leaders at the City of Akron, Summit County and the Greater Akron Chamber who focused on answering some questions about our economy and the best ways to drive opportunity for the region. We are pursuing five strategies that address small- and middle-market business growth: economic inclusion and opportunity; talent and skill development; downtown and job hub development; innovation and high potential start-ups; and improvement of the ways in which we connect and leverage the resources that support business growth and success in our region on your behalf. To read about Elevate Greater Akron, <a href=\"http:\/\/www.smartbusinessemag.com\/February2019\/AkronCanton#&amp;pageSet=2&amp;contentItem=0\" target=\"_blank\" rel=\"noopener noreferrer\">click here.<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; in_content_menu=&#8221;in_content_menu&#8221; content_menu_icon=&#8221;&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;center&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221; css=&#8221;.vc_custom_1558624509519{padding-top: 100px !important;padding-bottom: 75px !important;}&#8221;][vc_column width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1554386048776{padding-bottom: 25px !important;}&#8221;][vc_single_image image=&#8221;1028&#8243; img_size=&#8221;large&#8221; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221;]<a  itemprop=\"url\" href=\"\/live\/\" target=\"_self\" data-hover-background-color=#f86317 data-hover-border-color=#f86317 data-hover-color=#ffffff class=\"qbutton  large center default\" style=\"color: #ffffff; border-color: #f86317; font-weight: 700; text-transform: uppercase; font-size: 16px; background-color: #f86317;\">Live<\/a>[\/vc_column][vc_column width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1554387058251{padding-bottom: 25px !important;}&#8221;][vc_single_image image=&#8221;1029&#8243; img_size=&#8221;large&#8221; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221;]<a  itemprop=\"url\" href=\"\/work\/\" target=\"_self\" data-hover-background-color=#f86317 data-hover-border-color=#f86317 data-hover-color=#ffffff class=\"qbutton  large center default\" style=\"color: #ffffff; border-color: #f86317; font-weight: 700; text-transform: uppercase; font-size: 16px; background-color: #f86317;\">Work<\/a>[\/vc_column][vc_column width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1554386061169{padding-bottom: 25px !important;}&#8221;][vc_single_image image=&#8221;1027&#8243; img_size=&#8221;large&#8221; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221;]<a  itemprop=\"url\" href=\"\/stories\/\" target=\"_self\" data-hover-background-color=#f86317 data-hover-border-color=#f86317 data-hover-color=#ffffff class=\"qbutton  large center default\" style=\"color: #ffffff; border-color: #f86317; font-weight: 700; text-transform: uppercase; font-size: 16px; background-color: #f86317;\">Stories<\/a>[\/vc_column][vc_column width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1558624500805{padding-bottom: 25px !important;}&#8221;][vc_single_image image=&#8221;1004&#8243; img_size=&#8221;large&#8221; alignment=&#8221;center&#8221; qode_css_animation=&#8221;&#8221;]<a  itemprop=\"url\" href=\"\/love\/\" target=\"_self\" data-hover-background-color=#f86317 data-hover-border-color=#f86317 data-hover-color=#ffffff class=\"qbutton  large center default\" style=\"color: #ffffff; border-color: #f86317; font-weight: 700; text-transform: uppercase; font-size: 16px; background-color: #f86317;\">Love<\/a>[\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;full_width&#8221; anchor=&#8221;Impact0&#8243; angled_section=&#8221;no&#8221; text_align=&#8221;center&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221;][vc_column][rev_slider_vc alias=&#8221;economic-hero&#8221;][\/vc_column][\/vc_row][vc_row css_animation=&#8221;&#8221; row_type=&#8221;row&#8221; use_row_as_full_screen_section=&#8221;no&#8221; type=&#8221;grid&#8221; angled_section=&#8221;no&#8221; text_align=&#8221;left&#8221; background_image_as_pattern=&#8221;without_pattern&#8221; z_index=&#8221;&#8221;][vc_column][vc_row_inner row_type=&#8221;row&#8221; type=&#8221;grid&#8221; text_align=&#8221;left&#8221; padding_top=&#8221;100&#8243; padding_bottom=&#8221;50&#8243; css_animation=&#8221;&#8221; el_class=&#8221;divider&#8221;][vc_column_inner][vc_column_text css=&#8221;.vc_custom_1558708843821{padding-bottom: 50px !important;}&#8221;] We Define Resilience. [\/vc_column_text][vc_column_text] Akron, a rough and tumble town in the early 19th century, was&#8230;<\/p>\n","protected":false},"author":9,"featured_media":0,"parent":163,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"full_width.php","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-901","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":false,"jetpack_shortlink":"https:\/\/wp.me\/PaJNwJ-ex","_links":{"self":[{"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=\/wp\/v2\/pages\/901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=901"}],"version-history":[{"count":0,"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=\/wp\/v2\/pages\/901\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=\/wp\/v2\/pages\/163"}],"wp:attachment":[{"href":"https:\/\/expgreaterakron.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}