(Tel Aviv, Israel) A high level polymer and
healthcare business delegation headed by Akron Mayor Donald Plusquellic and United States
Congressman Tim Ryan arrived in Israel this past week to meet with Government
organizations, officials at leading universities and R&D Centers, and companies to
develop business cooperation.Thirty-one individuals representing 27 Akron companies,
institutions and public entities participated on the mission, which ended Friday, January
13th. Representatives included Bridgestone Americas, ExxonMobil,
Newell-Rubbermaid, Omnova Solutions, The University of Akron, Polymer Ohio (the industry
association for the 2,800 member Ohio polymer industry), Akron General, Akron
Childrens and Summa Healthcare hospitals each of which are among the top 50
hospitals in the US, the City of Akron and State of Ohio, and GOJO, the maker of Purell
skin care products that was recently sold to Pfizer
The mission was organized by the Israel Export and International Cooperation Institute
and coordinated with the Ohio Israel Chamber of Commerce under Howard Gudell, its
president. The Chamber and the IEI have had a long successful relationship in undertaking
similar missions since 1996. Through the efforts of the IEICI, 60 Israeli companies met
with the Akron delegation, which had over 120 one-on-one meetings.
Successes coming from the meetings included a signed memorandum of understanding
between Mayor Plusquellic and Joseph Kanfer, Chairman of GOJO Industries in which a public
private partnership organized by the greater Akron community will invest a minimum of $1
million dollars in the Targetech incubator in Netanya. The incubator will be known as the
Targetech-Akron incubator and is the first such partnership undertaken by any Israeli
incubator and a US city.
Mayor Plusquellic stated, "We believe this mutual partnership will bring
significant short and long term result to Akron and Targetech as they bring us their
expertise in starting and incubating high tech companies who have the innovative
technologies our companies need. In return, we will bring our marketing and
commercialization expertise which will enable these Israeli companies to grow in the US
market place and beyond. As these companies exit the incubator and need a US presence,
Akrons location and infrastructure will benefit both the company and our
community" He further stated, "we are looking for partnerships with Israeli
companies with whom our local business can collaborate and do business."
An outcome of the mission was the establishment of a bilateral healthcare steering
committee between the IEI, the Israeli Life Sciences Industry Association, Israeli biotech
companies and the major hospitals in Akron to develop a pipeline of projects that can be
commercialized and marketed in the US, according to Howard Gudell, President of the Ohio
Israel Chamber of Commerce and a principal in SGI Global Business Advisors, an
international economic development consulting firm to government and the private sector.
As a result of the one-on-one meetings, a number of companies have initiated serious
discussions on business cooperation and collaboration; two Israeli companies are seriously
considering Akron as their US operations base; and discussions between the University of
Akron and the Technion on potential academic exchanges in polymers and healthcare have
been discussed.
Robert Bowman, Akron Deputy Mayor for Economic Development stated, "Akron is
competitive among American Cities." With access to transportation and our position at
the center of the nations polymer research, design and manufacturing core, Akron has
significant advantages for Israeli companies. With the combination of our biotech
industries that are succeeding in northeast Ohio, were asking Israeli entrepreneurs
to take a look at Akron as their US base." Since 1998, almost $2 billion has been
invested in 62 new manufacturing operations in the region, and Greater Akron also boasts
2,115 business expansions for the same period.
END