April 11, 2012

FOR IMMEDIATE RELEASE:
April 10, 2012

CONROY JOINS HICKS PARTNERS, LLC
Longtime Economic Development Professional to Support Firm’s Growth

COLUMBUS – Keith A. Conroy has joined Hicks Partners, LLC as Vice President.  In this role, Conroy will be responsible for advancing economic development projects and public policy initiatives to support the firm’s clients. 

Conroy has 20 years of experience with government entities and economic development projects.  He has participated in a wide variety of public policy initiatives, public private partnerships, as well as commercial real estate and site selection projects and has been actively involved in the design of state and federal programs.

Conroy formerly served as the Assistant Deputy Director for the Ohio Department of Development, where he oversaw many of the state’s economic development programs, including the $400 million revolving Direct Loan Program, the Ohio Enterprise Bond Fund as well as nearly $50 million in grant programs.  Keith also served on the Governor’s Energy Task Force and was one of the architects of Ohio’s Advanced Energy Loan Program. Additionally he played a key role in attracting many international companies to the State of Ohio.  Conroy was directly involved with the creation of a number of key programs and initiatives including:  Jobs Ready Site Program, AEP Infrastructure Grant and the Industrial Site Improvement Fund. 

Brian Hicks, President and CEO, said, “I am delighted that Keith Conroy has joined our team.  I have known and respected Keith for many years.  His experience and knowledge in economic development and international business will add great depth and breadth to our firm and clients.  Keith will give our firm greater ability to continue to help our firm and clients grow.”

Conroy is a Certified Economic Finance Professional from the National Development Council.  He served on the Development Finance Advisory Council (DFAC) and the Board of the Ohio Water Development Authority.  Conroy lived in Japan for more than five years and has traveled extensively throughout Asia for both business and pleasure. 

Hicks Partners, LLC is a multidisciplinary business consulting firm providing public relations, government affairs, business and economic development services to corporate and nonprofit clients.

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Contact: Brian K. Hicks, President and CEO, (614) 221-2800

 

April 3, 2012

Spectra looks to bring U.S. gas to Ontario, Quebec
-Shawn McCarthy, the Globe and Mail

Spectra Energy Corp.is pursuing a long-term strategy to replace Western Canadian natural gas with U.S. shale gas in Ontario and Quebec, creating further pressure on domestic producers to develop export markets to Asia.

Union Gas Ltd., Spectra’s Chatham, Ont.-based subsidiary, is seeking expressions of interest among producers and customers to expand its connection to a pipeline network that would carry shale gas from southwestern Ontario to the Greater Toronto Area and as far as Quebec.

The company is already reversing a line previously used to export Canadian gas into New York State in order to import supplies from the prolific Marcellus shale deposit in Pennsylvania.

In an interview Monday, Spectra chief executive officer Greg Ebel said he expects the development of U.S. shale gas to dramatically curtail Canadian exports into the U.S. Northeast, and even threaten the traditional central Canadian market.

“I think you can see it now,” the Houston-based executive said during a visit to Ottawa. “With the price of natural gas in New York and Pennsylvania versus the delivered cost of gas, it’s just very difficult for the Western Canadian gas to compete in some markets in the United States.”

Ontario consumers will also increasingly benefit from lower transportation costs involved in accessing gas from the Marcellus and the rapidly developing Utica play in Ohio.

“As market forces push you to use product that is closer to you, that makes it tougher for Western Canadian gas,” he said.

Spectra itself is in the early stages of planning a new pipeline that would carry gas from Pennsylvania and Ohio to Union’s massive Dawn storage hub in Southwest Ontario. Union is already accessing growing volumes from western U.S. suppliers who are themselves being squeezed out of the U.S. Northeast market.

The transformation of North America’s natural gas market is causing enormous headaches for Western Canadian producers, who have seen prices dip below $2 per thousand cubic feet and their exports to the U.S. decline by 25 per cent in the past few years.

Given the forecast for growing shale gas production south of the border, the U.S. Energy Information Administration now forecasts that imports from Canada will decline by a whopping 62 per cent over the next 25 years.

Spectra is one of North America’s largest pipeline and gas processing companies, with assets that include Union Gas, Westcoast Energy in Western Canada, and the Maritimes and Northeast Pipeline in Atlantic Canada.

Mr. Ebel – an Ottawa native who served as a senior political aide in the Mulroney government – said shrinking markets in eastern North America underscore the urgency for companies to proceed with liquefied natural gas exports on Canada’s West Coast.

Spectra is investing $1.5-billion on its British Columbia gas transportation and processing system and is eager to see firm commitments, with the expectation that it will need to expand its pipeline to the coast.

Companies such as Royal Dutch Shell PLC and U.S.-based Apache Corp., are leading consortiums to build projects. But only Apache-led Kitimat LNG, among the major groups, has received the necessary permit to export gas.

In a speech to the Economic Club of Canada, Mr. Ebel said Canada needs to move quickly to develop its LNG capacity because other countries, including the United States and Australia, are pursuing the same Asian markets.

He applauded the federal government’s announcement that it will speed the permitting process for major resource projects like pipelines and LNG terminals.

But while Ottawa is targeting environmental reviews, the energy executive said both federal and provincial governments need to do a better job co-ordinating consultations with first nations. After the speech, he was scheduled to meet with John Duncan, Minister of Aboriginal and Northern Affairs, where he could deliver that message directly.

“Canada’s first nations are important partners in so many of our energy and resource project – and in our national growth and prosperity,” he said.

“One single, meaningful federal-provincial Crown consultation as a part of the approvals process would help avoid confusion and unnecessary delay.”

April 2, 2012

Medical college to update campus
By Carol Biliczky, Beacon Journal

The Northeast Ohio Medical University is looking to invest about $130 million to update its Rootstown Township campus.

Officials have broken ground for a research and graduate education building and are planning Neomed’s first student apartments.

The push is on to get much of this done in two years by selling bonds and partnering with private investors or others.

“We’re trying to create a total campus,” said John Wray, vice president of business and finance. “I think that independently none of these [additions] would work without the others.”

Neomed began in the middle of a farm field in 1973 by legislative fiat, a consortium of the University of Akron and Kent and Youngstown state universities. In recent years, it has moved to dramatically expand its programs and enrollment.

The state legislature added Cleveland State to the consortium, which will increase the number of medical students from 500 to 650 in four years.

Neomed also has added a graduate studies college in bioethics, biomedical sciences and more. The 50 students of today are expected to grow to 150 in four years.

The five-year-old College of Pharmacy is expected to grow from 275 students to 300 in four years.

And starting next fall, the campus will be home to the first 71 high school freshmen in a new Bio-Med Science Academy. Enrollment in the high school, which will be administered independently, could reach 375 in four years.

Other programs — among them, dentistry — are being considered, Wray said, and could add 100 students.

All that means that total enrollment, including high school students, could almost double to about 1,550 by 2016. That means that Neomed will need a bigger campus with more amenities, Wray said.

The college has broken ground for the first part of the expansion: a $45 million, 100,000-square-foot research and graduate education building.

The university sold $42 million in bonds and pulled $3 million from its reserves to pay for the classrooms and labs.

The building will have four floors, with the top one left as a shell to allow for expansion. Neomed is seeking an outside investor — possibly a hospital or university — to put up the $4 million needed to finish that floor.

Meanwhile, the second phase of the expansion is just getting under way. It is “extremely complicated” and calls for an “exceptionally demanding” pace of construction over the next 18 months, according to the college’s request for qualifications for potential private partners.

Construction could begin as early as June for a first for the tax-supported medical college: student housing.

Wray said surveys of students indicate that 80 percent would like to live on campus. Now, 20 percent of them live 20 miles away.

“Our goal is to create apartment units that are more upscale, larger than you’d see in a traditional setup,” he said. “If we can save a half-hour of commuting time, that’s an hour of time they can spend studying or sleeping.”

Wray envisions apartments with 300 to 400 beds costing $600 to $700 a month that would open in fall 2013.

The medical college may ask the Portage County Port Authority to issue about $30 million in bonds to initially pay for the project, then transfer the loan to a nonprofit that Neomed is setting up to oversee the apartments.

The nonprofit would cover construction costs through student leases and eventually could sell the housing to the college at a nominal cost.

The medical college also is eyeing a 150,000-square-foot health, wellness and medical education center costing $45 million that would be funded through a blend of mechanisms — selling bonds, a private partnership and user fees.

This facility would include a fitness and rehab center that would become a “central nucleus for campus life and community activity,” according to the medical college.

Rootstown residents and Neomed faculty, staff and students could use the pools, indoor track, rock wall, spa and even a “mindfulness center” for alternative holistic therapies, as would patients referred there for rehab from a Neomed full-service family health center.

That facility would offer patient care, outpatient surgery and diagnostic testing and labs, plus possibly a dental clinic, sports medicine physical therapy and drug and alcohol testing.

The high school bio-med academy also will move into the facility from the main Neomed complex, where it will be housed for its first year.

Finally, the campus expansion could include an external retail complex that could cost $3 million, Wray said.

“We have not done any kind of marketing study, but surely our campus and students would support it,” he said of the eateries he envisions.

Four million dollars also is estimated for campus enhancements such as athletic and soccer fields, track and cross country trail and the like, plus the widening of state Route 44, sidewalks, a new entrance and more, he said.

Neomed will be looking at grants and state funding to help fund some of these, Wray said.

March 30, 2012

Stark State dedicates a new building, welcomes its new president
Canton Rep.com

JACKSON TWP. — Stark State College celebrated a new building and its new president during Thursday afternoon ceremonies.

The college’s fourth president, Para M. Jones, and the $9.6 million Business and Entrepreneurial Center were the objects of admiration and praise.

“This building and Dr. Para Jones will be a difference maker in this community’s future,” said Dr. Michael Thomas, chairman of the Board of Trustees.

Jones took over as president in early February. But she was at Stark State for 22 years before taking the president’s post at  Spartanburg Community College in Spartanburg, S.C., in 2009.

She maintained ties to the community — she and her husband still own their home in Jackson.

“Important,” said Thomas. “She has skin in the game. This is her community.”

Students are the focus,” she said. “For our students, Stark State is the key to the American dream through education.”

She introduced former U.S. Rep. Ralph Regula. “He is widely regarded at the founder of Stark State College,” Jones said.

Regula had praise for trustees and Jones. “We’re blessed to have a board with vision and we have a leader for that board,” he said.

Noting that the original money to start the college came from $3 million attached to a state highway bill, he said, “This is literally the road to success.”

Guest speaker was Executive Director Rich Frederick of the Governor’s Office of Workforce Transformation “That’s a fancy way of saying job training,” he said.

The agency is aimed at helping people get jobs “and we’re going to do it though partnerships” with institutions like Stark State, said Frederick, of Jackson Township.

Having a trained workforce is vital to and area because that’s one the main things businesses look for when deciding where to locate, he said.

He placed Stark State at the top of Ohio’s community colleges. “They do it right,” he said.

The center will house study for more than 30 degrees, options and certificates in accounting, business management, corporate finance, entrepreneurship, marketing management and other programs, along with a business incubator program.

Among features of the building designed to high energy efficiency standards and aimed at helping businesses develop:

• 47,708 square feet, three stories

• 86-seat lecture hall

• 3,300-square-foot atrium seating about 380

• Seven “business incubator” offices, plus support offices and conference rooms

• Financial, marketing and captioning labs

• Two classrooms/three computer labs

• Stock ticker/international clocks

• Testing center