Business Stories for May 2012
Stories for Thursday, May 31
Defense contractor big on small technology
A local military contractor is touting a new technology.Projects Unlimited, Inc., a Vandalia-based producer of aviation electronics for the defense industry, said Thursday it has the capability to implement very small electronic components — the size of .01005 mm.This capability is “crucial” at a time when military and aerospace platforms ...
Foreclosures 20 percent of Dayton home sales
DAYTON — One out of every five homes sold in the metro region in the first quarter were in some stage of foreclosure or bank-owned, RealtyTrac said Thursday. The foreclosure sales report from RealtyTrac said 460 residential third-party sales occurred in the Dayton area during the first part of the ...
Beavercreek company awarded $42 million Air Force contract
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force awarded Beavercreek defense contractor UES Inc. a seven-year contract to handle research, development and reporting for the Air Force Research Laboratory.The contract is worth up to $42.2 million, the Defense Department reported. The work is to be done at Wright-Patterson Air Force ...
Stories for Wednesday, May 30
Macy’s reports rise in May sales
CINCINNATI — Macy’s Inc. on Wednesday reported total sales of $2.015 billion for the four weeks ended May 26, an increase of 4.1 percent compared with total sales of $1.936 billion in the four weeks ended May 28, 2011. On a same-store basis, Macy’s, Inc. sales were up 4.2 percent ...
REX reports progress in ethanol plant resources
REX American Resources on Wednesday reported first-quarter revenue rose to $151 million as the company continued to build its ethanol plant resources.The former appliance retailer turned ethanol plant operator and investor said gross profit from consolidated alternative energy operations rose 15.3 percent to $5.5 million in the first quarter of ...
Teradata company Aprimo designated a market ‘leader’
Aprimo, a Teradata company that specializes in cloud-based integrated marketing automation software, has been identified as a leader in campaign management by Gartner, an industry analyst firm.Gartner’s Magic Quadrant for Multi-Channel Campaign Management (MCCM) report evaluated vendors on their “ability to execute” and “completeness of vision.”According to Gartner, MCCM leaders ...
Pending home sales rise again
Pending sales of single-family homes and condominiums in April rose for the 12th consecutive month when compared with last year, the Ohio Association of Realtors reported Wednesday.Ohio’s April Pending Home Sales Index of 118.6, a forward-looking indicator based on contract signings, rose 22.7 percent from the April 2011 index of ...
Most small business owners say U.S. economy is in recession, survey says
Small business owners’ view of the economy may have improved in 2012, but 71 percent still believe the United States economy is in a recession, according to results of the 2012 U.S. Bank Small Business Annual Survey released Wednesday.The survey found more small business owners consider the financial health of ...
Stories for Friday, May 25
Area bank sees rising debit card fraud
WILMINGTON — National Bank and Trust is one of the latest financial institutions to limit non-PIN transactions of its customers out of state due to issues with debit card fraud.Earlier in May at least three local credit unions said they were taking extra security measures in response to recent spikes ...
Coalition: UAS conference to return to Dayton in 2013
The Ohio UAS Conference will return to Dayton in 2013, the Dayton Development Coalition said Friday.The conference will return April 23-25 to Sinclair Community College, the coalition added.Hosted by the coalition with the Ohio Aerospace and Aviation Council, the 2012 conference focused on unmanned aircraft systems and featured industry experts ...
Most job openings in health care, retail, trucking
Job seekers in the Dayton and Springfield region area most likely to find opportunities in health care, retail and trucking, based on analysis of online help wanted advertisements posted from March to April.Kettering Health Network posted 431 job advertisements over the month. That was the most by a single employer ...
Sales tax revenues continue upward trajectory
Sales tax revenues distributed by the state in May rose for the 24th consecutive month in Montgomery and Greene counties, and also increased in five other counties in west-central and southwest Ohio, according to a report released by the Montgomery County Office of Management and Budget and the Ohio Department ...
Aviaion-aerospace firm to hold tech licensing event
Aviation and aerospace firm EADS North America has chosen Dayton to hold its first technology licensing event, the company said.The two-day event will begin 8:30 a.m. June 4 at the Wright Brothers Institute, 5000 Springfield St., Suite 100, Dayton.“We are searching for companies that want to work with us to ...
Miami Valley Hospital plans $687,000 renovation
Dayton building officials are reviewing plans for the proposed renovation of an inpatient rehabilitation unit at Miami Valley Hospital. The city estimates the value of the work at $687,233, according to records from Dayton Building Services. App Architecture, located in Englewood, is listed as the architect for the project. Plans ...
AK reassigns five execs
AK Steel on Friday announced a shakeup of top management, giving new duties to five executives.Executives appointed to positions with new responsibilities are:• Albert Ferrara, Jr., 63, named senior vice president, corporate strategy and investor relations. Ferrara was previously the company’s senior vice president, finance and chief financial officer.• Roger ...
Stories for Thursday, May 24
Incenta builds new Moraine branch
Incenta Federal Credit Union is building a new location in Moraine it expects to open by the end of summer, said Cheryl Roser, president and chief executive officer. The new branch, 3000 Elbee Road, Moraine, will be a relocation of the credit union’s branch on Edwin C. Moses Boulevard. A ...
REX to announce earnings
REX American Resources Corp. announced Thursday that it will report its fiscal 2012 first quarter financial results on May 30 and the Company will host a conference call and webcast that morning at 11:00 a.m. to review the results.To access the conference call, interested parties may dial (212) 231-2935 (domestic ...
U.S. Bank introduces new credit card app
U.S. Bank on Thursday introduced an app for Android that allows customers of select retail partners to apply for a credit card while they are shopping and if approved, use it to pay for purchases before they leave the store.U.S. Bank Card App for Android mirrors that of the iPhone(R) ...
Stories for Wednesday, May 23
Passenger boardings rise slightly at Dayton airport
April figures for Dayton International Airport show that passenger boardings rose slightly to 102,900 last month from 102,010 in 2011.Total air cargo in April dropped, however, from 699.67 tons to 681.59 tons, or a decline of 2.6 percent. Nevertheless, total air cargo tonnage is up 54.7 percent year-to-date to 4,378.13 ...
I-70/75 Development Association meets Thursday
The I-70/75 Development Association will gather for its annual meeting Thursday, marking the organization’s 25th year.The association unites city managers and development directors, entrepreneurs, site selectors, real estate brokers, bankers and anyone interested in the growth of the Miami Valley, members say. Often, these are the same professionals working for ...
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