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Akron hosts Lithuanian business leaders

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AKRON, Ohio (AP) - The city of Akron is hosting business leaders from Lithuania this week, trying to persuade them to bring their business operations to northeast Ohio.

The Akron Beacon Journal reports that 20 entrepreneurs from the northern European nation are touring the area this week, with local officials hoping they will choose the region as their gateway into the U.S. market.

On Wednesday, city officials and a top Lithuanian technology university signed an agreement to work together on commercialization of products and job creation in Akron and Lithuania.

The deal brings together Kaunas in Lithuania and Akron's business incubator, which is home to dozens of companies. It's housed in the former B.F. Goodrich complex in downtown Akron.

Akron Mayor Don Plusquellic said the business-development agreement is about long term job-growth potential.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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