Business Stories for January 2010
Stories for Thursday, January 28
NASA shuttle to carry Miami University experiment to space station
OXFORD — A space shuttle flight scheduled for takeoff on Feb. 7 is to deliver to the international space station a Miami University experiment focused on understanding how light and gravity affect plant growth.The Tropi-2 experiment is to assess, at a cellular level, how seedling sprouts of the thale cress ...
Stories for Wednesday, January 27
275 crashes linked to Toyotas; 1.1M more cars recalled
Toyota announced late Wednesday, Jan. 27, that it was recalling an additional 1.09 million vehicles on top of the 2.3 million recalled last week. The latest models to be recalled include: 2008-10 Highlander, ’09-10 Corolla, ’09-10 Venza, ’09-10 Matrix, and ’09-10 Pontiac Vibe, which is made by Toyota. Local Toyota ...
Online distribution company to employ 50 people in Monroe
MONROE — The Ohio Tax Credit Authority has approved a tax credit of $97,837 over six years for a Nebraska-based online retailer that plans to operate a distribution center in Monroe.In return, Ohio is requiring that Hayneedle maintain operations in Monroe for nine years. Hayneedle said it expects to employ ...
Stories for Tuesday, January 26
Higher flat fee for natural gas distribution upheld by court
The Ohio Supreme Court on Tuesday, Jan. 26, upheld decisions by the Public Utilities Commission of Ohio which allowed natural gas utilities to increase the monthly flat-fee amount that they charge customers for distribution of the fuel.The court’s 7-0 decision upheld the PUCO’s 2008 rulings in favor of Duke Energy ...
Stories for Monday, January 25
State should bolster training for green jobs
The state should beef up its training infrastructure to help workers gain the skills they need to work in the clean-energy sector, particularly in construction and manufacturing, according to a report issued Monday, Jan. 25.Piet van Lier, a researcher with Cleveland-based Policy Matters Ohio, said Ohio has many of the ...
AK Steel profits in tough 2009
WEST CHESTER — AK Steel said Monday, Jan. 25, it turned a fourth-quarter profit of $39.8 million, or 36 cents per diluted share, as demand for steel improved in the midst of a tough pricing environment.In the fourth quarter 2008, the company lost $430.6 million, or $3.87 per diluted share, ...
Stories for Wednesday, January 20
Dental clinic management company to pay $24M settlement
COLUMBUS — FORBA Holdings LLC, a management company for a chain of pediatric dental clinics, including local Small Smiles clinics, will pay Ohio $2.29 million to settle accusations that the company submitted claims for reimbursement to Medicaid for medically unnecessary dental procedures. The total settlement is for $24 million to ...
Stories for Tuesday, January 19
Qbase to get $5 million investment, reorganize
At least part of the future of Qbase Inc. may lie in the nation’s capital, a proxy statement to Qbase shareholders says. Shareholders of Qbase Inc. are planning a special meeting in Beavercreek Wednesday, Jan. 20, to discuss a reorganization of the company — and a $5 million investment into ...
Stories for Wednesday, January 13
Cox Media Group reorganizes senior management
DAYTON — Cox Media Group announced a major restructuring of its senior management on Wednesday, Jan. 13, as it prepares to merge its newspaper, television and radio properties. The media company announced in December that it planned to bring its radio stations — WHIO, WHKO and WZLR — and WHIO-TV ...
Area construction company raising prices
Contech Construction Products Inc. is increasing prices for corrugated metal and PVC products, the company said Tuesday, Jan. 12. The price increase will be 8.9 percent for all corrugated metal products and 9 percent for all PVC pipe products, the company said.“Increased order activity in the steel industry along with ...
Stories for Thursday, January 7
Elder-Beerman sales dipped in December, Bon-Ton says
YORK, Pa. — Bon-Ton Stores Inc.’s said Thursday, Jan. 7, that sales fell in December, but were better than senior management had anticipated.For the five weeks ending Jan. 2, comparable-store sales, a key indicator of a retailer’s health, dropped 2.6 percent over the year-ago period. Bon-Ton is the parent company ...
Macy’s sales up slightly for holiday season
Sales for the Christmas season increased slightly at Macy’s stores and related retailing operations, Macy’s Inc. reported on Thursday, Jan. 7.The Cincinnati-based retailer reported sales of $4.426 billion for the five weeks ended Jan. 2, an increase of 0.7 percent compared with $4.397 billion in the five weeks ended Jan. ...
Stories for Wednesday, January 6
Monroe woman promotes can-do attitude on clothing
MONROE — Kristina Centers believes all women have an inner strength.That is why the 42-year-old wife and mother of two decided to launch an online clothing business called Fight Her, LLC to convey that message.The clothing line for women features T-shirts, long-sleeved shirts, hoodies, flannel pajamas, underwear and sweats that ...
Stories for Tuesday, January 5
Chamber redesigns name to include Liberty Twp.
The following is a column written by West Chester • Liberty Chamber Alliance President and CEO Joe Hinson and will appear in the Jan. 7 edition of The Pulse-Journal.The growth and development of our area is steadily taking shape, and the West Chester Chamber Alliance continues to be the leader ...
Deal near for donation of Wilmington Air Park
DHL Express and a public task force focused on economic redevelopment of the Wilmington area said Tuesday, Jan. 5, that they are getting close to an agreement for DHL to publicly donate its Wilmington Air Park airport for redevelopment and use as an airport/commerce park. The agreement would involve the ...
Stories for Monday, January 4
International trade seminar set for Jan. 25
CINCINNATI — A number of business groups and some members of the U.S. congress will be part of the International Trade Seminar at the Cincinnati USA Regional Chamber on Jan. 25. Senator Sherrod Brown, Congressman Steve Driehaus, and Export-Import Bank of the United States Chairman and President Fred P. Hochberg ...
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