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Economy and Business


Akron's Soap Box Derby board changes
Northeast Ohio gravity race gets new leadership
by WKSU's TIM RUDELL


Reporter
Tim Rudell
 
Eighteen days ago, the city of Akron, the Chamber of Commerce and First Merit bank announced plans to help the All American Soap Box Derby stay in business and stay in Akron.

First Merit dropped a lawsuit against the derby for collection of a $500,000 debt. Akron City Council voted to guarantee the loan's repayment. And, the Chamber launched a fund-raising effort for the storied youth program " with FirstMerit making the first contribution of $50,000.

But, all parties also agreed to change how the derby is managed. And today (Friday), six new board members were appointed " giving major businesses, the city and Summit County representation on the derby board. Eight current members are moving to an honorary board.

Listener Comments:

Where is the Soap Box derby being run today? Is there one being run in the Southeast, if so where? Thank you Kim McRae


Posted by: Kim McRae (Birmingham, Alabama) on February 15, 2011 9:02AM
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