Stories by Thomas Gnau
Leaky roof could cost jobs
Albert Naggar, owner of Process Equipment Co. (PECo), announced plans April 1 to transform an old McCall Street plant into the home for his four area manufacturing facilities. The move would bring an estimated 250 jobs to Dayton over five years. But Naggar said he has run into a problem. ...
Local manufacturer supports presidential helicopter fleet
A Vandalia manufacturer is producing parts to support the presidential helicopter fleet. Projects Unlimited, Inc.’s electronic assemblies manufactured for the V-22 Osprey will support the HMX presidential helicopter fleet in 2013, the company said Friday. “We are now producing components for the V22 that are being used in support of ...
Drone test range would mean 2K jobs in Ohio, Dayton
With help from the Dayton Development Coalition, Ohio is making its best case as to why the Dayton-Springfield area should be designated a drone test site — with nearly 2,000 high-paying new jobs at stake, according to industry estimates. The final “volume” or submission to the Federal Aviation Administration’s Unmanned ...
Teradata net income and revenue fall
Teradata Corp. saw net income of $59 million, or 35 cents per diluted share, in the first quarter of 2013, down from net income of $91 million, or 53 cents per diluted share, in the first quarter of 2012, the Miami Twp.-based data analytics company said Thursday.Revenue for the quarter ...
Honda: New Mexican plant will mean no loss of Ohio jobs
Honda de Mexico, S.A. de C.V. will build a transmission plant in Celaya, Mexico, the company said Thursday. The plant will employ 1,500 workers when it reaches full production of about 700,000 transmissions a year, the company said. With an initial investment of $470 million, the transmission plant will start ...
Honda to build transmission plant in Mexico
Honda de Mexico, S.A. de C.V. will build a transmission plant in Celaya, Mexico, the company said Thursday. The plant will employ 1,500 workers when it reaches full production of about 700,000 transmissions a year, the company said. With an initial investment of $470 million, the transmission plant will start ...
Kodak takes steps to post-bankruptcy future
Eastman Kodak Co. filed a reorganization plan with a U.S. Bankruptcy Court in New York Tuesday and said it expects to leave bankruptcy by the year’s third quarter.Kodak’s plan offers a “detailed description of Kodak’s post-emergence business plan which maintains and extends Kodak’s leadership position in the commercial imaging industry,” ...
Dayton medical device firm wins FDA clearance
NovoSource, a Dayton-based developer and manufacturer of orthopedic implant systems, has received Food and Drug Administration clearance for its NovoKnee knee replacement product, the company said Tuesday.The product is used by orthopedic surgeons to perform “total joint replacement procedures for the knee,” the company said.The “NovoKnee” is intended to make ...
Global competition drives auto plant investment
Dayton’s largest auto plant may get smaller in coming years as it invests millions in robotic automation to help it gain a competitive foothold against lower-cost plants globally, company leaders say. Behr Thermal Products, 1600 Webster St., will invest about $2 million this year and “at least that amount” next ...
Tax breaks go to projects expected to create 365 new jobs
The Ohio Tax Credit Authority Monday awarded a trio of Southwestern Ohio companies credits to fuel proposed expansions that would create an expected 365 new jobs.In all, tax assistance was approved from 15 projects statewide, projects the state expects to create 1,328 total jobs while retaining 2,681 total jobs, according ...
Blog wants manufacturers to ‘shake’
The people behind the “Made in Dayton” blog want to show readers a different side of local manufacturers.MadeInDaytonBlog.com is inviting local manufacturing companies to make and send videos of staff performing the “Harlem shake” dance.Steve Staub, co-owner of Staub Manufacturing Solutions, and Gary Weldon, Staub’s business development manager, thought of ...
Tiny Union has big plans for airpark
John Applegate, Union city manager was showing leaders of a Japanese manufacturer a possible plant location for their company south of Old Springfield Road last October. If the plant were built, it would have employed 200 workers. One of the company’s senior leaders continually pointed and asked questions in Japanese, ...
Local companies up for possible tax credits
At least three Dayton-area firms are up for state tax credits, according to a meeting agenda for the Ohio Tax Credit Authority released Friday. Malt Products Corp. in Dayton, Timbertech Limited in Wilmington and Festo Americas LLC in Mason are on the agenda for the authority’s meeting Monday in Columbus. ...
Local firms up for state tax credits
At least three Dayton-area firms are up for state tax credits, according to a meeting agenda for the Ohio Tax Credit Authority.Malt Products Corp. in Dayton, Timbertech Limited in Wilmington and Festo Americas LLC in Mason are on the agenda for the authority’s meeting Monday in Columbus.Late in 2012, Malt ...
UDRI gets $412K to help manufacturers
Local manufacturers trying to solve problems or move products to market have a new tool. The University of Dayton Research Institute (UDRI) received a $412,000 Ohio Manufacturing Extension Partnership award, the research institute said Thursday. The money will help Dayton-area manufacturers solve problems that hinder growth, UDRI said. The program ...
Auto store transformed into energy haven
The former home of Harmon Cadillac is now home to businesses focused on alternative energy. Chris McWhinney, chief executive of Millennium Reign Energy LLC, and Wendell Ott, business manager of EnergyWize LLC, are leasing space at 530 N. Main St. as an office and showroom. A manager for a third ...
Feds, locals unite in anti-terrorism forces
Local law enforcement officials say measures are in place to help them track radical groups and individuals and those who attempt to purchase bomb-making materials.Federal law enforcement agencies have created bonds with local law enforcement to form Joint Terrorism Task Forces, according to Montgomery County Sheriff Phil Plummer.The task forces ...
Union database shows that CEOs are doing OK
The gap between what Ohio chief executives are paid and what the average Ohio worker makes is too high, the AFL-CIO contends in its latest Executive PayWatch database. But some corporate management authorities say most CEOS are not overpaid given the responsibilities they carry. The “average” Ohio CEO made $6,262,232, ...
In Boston’s wake, local runners unite
Dayton runners will lace up their shoes Monday for a good cause. Up & Running and Runners Plus — two area running gear stores — are joining independent running stores across America in hosting a 2.62 mile run/walk Monday to benefit The One Fund Boston, a fund set up by ...
GE LEAP engine will keep area workers busy
GE Aviation, with French company Snecma, will soon produce the new LEAP engine for narrow-bodied, single-aisle airplanes, and GE employees across Southwest Ohio will be involved, company leaders said Thursday. CFM International — a joint venture of GE and Snecma — plans to produce more than 1,700 engines per year ...
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