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Steel industry improving, but challenges remain
Steel company executives say the industry is improving, but significant headwinds including unfair trade practices and slow economic growth threaten to stand in the way. Trade group American Iron and Steel Institute held a state-of-the-steel industry briefing with reporters Thursday, coinciding with the group's annual meeting. Key takeaways from the ...
Cincinnati Financial’s “winning” strategy
Cincinnati Financial Corp. CEO Steven Johnston recently gave an interview to the Hamilton JournalNews/Middletown Journal while he was in town for the company’s annual meeting.Ohio native Johnston was named in 2011 president and chief executive officer of Fairfield’s Cincinnati Financial, a holding company for five insurance subsidiaries that offer business, ...
Basket-maker branches into pottery
By Tim FeranThe COLUMBUS DISPATCHNewark, Ohio-based basket-maker Longaberger Co. will take its first steps toward its goal of selling only U.S.-made pottery through a just-announced partnership with Niagara Ceramics of Buffalo, N.Y.Longaberger announced last week that it will begin making pottery in a 300,000-square-foot facility to be known as Longaberger ...
Salon Lofts to enter Dayton market
The Columbus-based Salon Lofts will enter the Dayton beauty-care market this fall by opening locations in the Town & Country Shopping Center in Kettering and in Washington Park Plaza in Washington Twp., the company’s CEO said Friday. Nora’s Design Group in the Town & Country space will become Salon Lofts ...
In brief
AVIATIONMore people flying from Dayton airportThe number of passengers boarding planes at Dayton International Airport rose in April by 3.6 percent from 102,900 to 106,578 in the same month in 2012.Year to date, passenger boardings are up 2.3 percent from 393,585 in 2012 to 402,674 this year.Airport Director of Aviation ...
ED/GE grant requests move to next step
An advisory committee Friday recommended for Montgomery County Commission seven projects for public funding, including helping a manufacturer move jobs from Miami County and Huber Heights to Dayton. The ED/GE (Economic Development/Government Equity) Advisory Committee recommended $500,000 to help Process Equipment Co. consolidate four locations in Miami County and Huber ...
Barco invests $1M in Xenia center
Barco Inc. has invested about $1 million into its demonstration and training center in Xenia, which will showcase the company’s aviation-focused visual display systems and products. “It is really state-of-the-art, and it is world-class,” said Mark Saturno, Barco vice president, worldwide sales, training and simulation. “There is not a facility ...
Chamber board picks a Middie graduate for its top spot
Rick Pearce has been hired as the new president and CEO of the Chamber of Commerce Serving Middletown, Monroe and Trenton, the chamber’s board of directors announced Thursday.Pearce, a 1981 Middletown High School graduate and a 1989 Miami University graduate, will succeed Dick Slagle who had been leading the 500-member ...
Wal-Mart’s 1Q profit, sales disappoint
By Anne D’InnocenzioAP Retail WriterNEW YORK (AP) — The first few months of the year were tough for Wal-Mart Stores Inc.The world’s largest retailer reported Thursday that its first-quarter profit edged up just slightly, and the company struggled with a sales slump in its namesake business during the three-month period.Wal-Mart ...
Job fair Tuesday for veterans
Workforce One of Butler County, 4631 Dixie Highway, Fairfield, will host a Veterans Job Fair from 10 a.m. to 2 p.m. Tuesday.Veterans will be asked to complete a registration at the door confirming their veteran status. Participants should dress to impress and bring multiple copies of their resumes. More than ...
US homebuilder confidence rises in May from April
By ALEX VEIGAAP Real Estate WriterConfidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday rose to ...
Graduates hope for pomp and … jobs
By Michael KanellThe Atlanta Journal-Constitution (MCT)Odds are improving that new graduates’ next stop will not be their parents’ basements.Hiring isn’t strong, but it sure looks better than it has since the economy tipped into recession a little more than five years ago.“For sure, I thought I would graduate with a ...
Northrop gets $555M UAV contract
Northrop Grumman Corp. has received a contract worth up to nearly $556 million from the U.S. Air Force to modernize the fleet of unmanned Global Hawk aircraft, the Department of Defense announced.The contract, which runs through May 14, 2015, includes management of the program, engineering work and analysis, according to ...
Ohio among top 14 states for tech job growth
Ohio added 1,500 new technology jobs last year, ranking it 14th among all states for tech job growth, according to the TechAmerica Foundation in its annual report on tech hiring. Ohio’s 170,700 tech workers earned an average annual wage of $72,600 in 2012, the foundation said. Those wages were 73 ...
Port Authority agrees to $500K credit line to NCC
Trustees of the Dayton-Montgomery County Port Authority voted recently to set aside $500,000 to establish a line of credit to the National Composites Center. The vote was 6-0 Friday to authorize Jerry Brunswick, executive director of the port authority, to negotiate an agreement with the Kettering non-profit that houses and ...
Major health network restructuring
Catholic Health Partners, Ohio’s sixth largest employer, said it is restructuring as the health industry transforms from a fee-for-service system to one that pays providers based on quality of care delivered. The Cincinnati-based nonprofit health care group operating hospitals, nursing homes, home health agencies and physician practices employs about 33,000 ...
Honda announces new Ohio plant Tuesday
Ohio Gov. John Kasich is expected to be on hand as Honda announces where it will build a new Ohio plant Tuesday. The automaker is expected to finally say where in Central Ohio it will build its Acura NSX sports car in a press event Tuesday morning. The event will ...
Crown acquires New York City marketing agency
Crown, an information and communication technologies firm headquartered in Washington Twp., is expanding its digital marketing capabilities with the acquisition of a New York City agency with a roster of high profile clients, company officials said. Crown, formerly known as Crown Partners, has purchased Intersect, a digital marketing agency with ...
US home building is surging, but job growth isn’t
By Alex VeigaAP Real Estate WriterU.S. builders and the subcontractors they depend on are struggling to hire fast enough to meet rising demand for new homes. Builders would be starting work on more homes — and contributing more to the economy — if they could fill more job openings.In the ...
Retailers report modest gains for April
By Anne D’InnocenzioAP Retail WriterNEW YORK (AP) — Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery.Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their ...
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