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AK Steel back in coal mining business
AK Steel Holding Corp. could start mining coal next month, another significant step forward in the steelmaker's efforts to become more self-sufficient for raw materials to lower supply costs.Spikes and volatility in the cost of key raw materials such as iron ore, coke and coal have in recent years have ...
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 ...
Car “black boxes” could become mandatory
The increasing computerization of cars allows them to capture and transmit data that can help improve highway and driver safety, federal officials said.But the technology also raises privacy concerns about the ownership and unintended uses of that data, experts said.The National Highway Traffic Safety Administration is seeking a law that ...
Ohio’s shale oil-gas production rises
Oil and natural gas production from Ohio’s Utica Shale is growing strongly and could increase even more rapidly once processing plant and pipeline projects are completed, the Ohio Department of Natural Resources said. The increase for oil production is 93 percent and for shale gas 80 percent for gas since ...
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 ...
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 ...
UC Health executive lays out retirement plans
UC Health President and CEO James Kingsbury told UC Health board members and employees Thursday that it’s time to identify his successor.Kingsbury returned to Cincinnati in 2008 to lead the health system out of the break-up of former hospital group the Health Alliance of Greater Cincinnati.Prior to becoming CEO of ...
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 ...
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