Business Stories for February 2012
Stories for Wednesday, February 29
Sales tax collections still on the rise, signaling continuing economic recovery
Sales tax revenues distributed by the state in February rose for the 21st 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 Wednesday by the Montgomery County Office of Management and Budget and the Ohio ...
Stories for Tuesday, February 28
Hearing set on Kodak retiree benefits
Eastman Kodak Co. wants to cut retiree health care benefits, and the company will have a court hearing March 20 on a motion to do that.Kodak said in a letter sent to retirees Monday that it must “balance the needs of our retirees with the needs of our company.” The ...
New office will ensure that U.S. manufacturers face fair competition
In the face of high unemployment and pressure to respond more forcefully to trade violations by nations such as China, President Barack Obama on Tuesday announced the creation of a new trade enforcement office.In a speech to a United Auto Workers convention in Washington, Obama said the Interagency Trade Enforcement ...
Rohr named general manager of Cox Media Group Ohio
DAYTON — Cox Media Group Ohio has appointed Rob Rohr as its general manager following the transfer of Brian Cooper, senior vice president of CMG Ohio operations, to the Atlanta Journal-Constitution as senior vice president of finance and business operations. “I’m delighted to be able to appoint Rob to this ...
Stories for Saturday, February 25
Credit and debit cards both convenient and dangerous
Credit and debit cards offer great convenience, but choosing the right option at the right time can help protect you from unwanted charges and scams.Many credit cards carry zero-liability policies, so users are able to dispute unauthorized charges. Debit cards typically carry limited-liability policies requiring cardholders to cover a percentage ...
Stories for Friday, February 24
Impact of P&G job cuts unknown
Cincinnati’s chamber of commerce is taking a wait-and-see approach toward Thursday’s announcement by Procter & Gamble Inc. that it will eliminate 5,700 jobs over the next 18 months to cut costs.“We’re just monitoring it at this point,” said Chris Kemper, spokesman for the Cincinnati USA Regional Chamber, noting that P&G ...
Stories for Thursday, February 23
Lower union membership in state bucks trend
Union membership in Ohio fell again last year, bucking a national trend and marking at least the 10th consecutive year of declines for organized labor in the state, according to federal labor data.In addition to fewer residents being members of unions, union membership continues to account for a dwindling portion ...
Stories for Wednesday, February 22
Kodak to lay off 66 by April 19
Eastman Kodak Co. will lay off 66 employees by April 19, the company has told Ohio government.A letter dated Monday sent to Ohio’s Department of Job & Family Services outlines what will be permanent layoffs, with more to come.“Over the next few weeks, smaller layoffs are expected from other departments ...
Stories for Tuesday, February 21
WSU researcher creates ‘nano brushes’ that remove contaminants from water
FAIRBORN — A Wright State University researcher believes she may have found a tiny solution to an increasingly big problem.With the help of students and colleagues, Sharmila Mukhopadhyay, director of Wright State’s Center for Nano-Scale Multifunctional Materials, has developed what the university calls “near molecular-sized nano brushes.”The brushes are structures ...
Stories for Saturday, February 18
Grain storage bins help boost farmers’ profits
Area farmers are building larger metal grain bins along country roads faster than ever to earn thousands of dollars more if they store their crop rather than sell it at the harvest.For example, if a farmer has a 100,000-bushel grain bin and can make 50 additional cents on each bushel ...
Stories for Wednesday, February 15
Unmanned aircraft industry praises bill’s signing
President Obama has signed legislation that gives the Federal Aviation Administration a deadline for authorizing the flying of unmanned aircraft in airspace now reserved for use by manned planes.The Air Force, local companies and universities are working to build Dayton as a center of expertise, manufacturing and training for unmanned ...
Stories for Tuesday, February 14
Cheaper local gas prices bucking national trend
While gasoline prices across the nation have been rising, the opposite is true in southwest Ohio, giving area motorists a price break of nearly 26 cents per gallon. The national average for regular-grade gas hit $3.52 a gallon, up 4.1 cents from a week earlier, the Energy Department said Monday. ...
Retail sales increase slightly in January
A slight rise in Americans’ spending on retail goods in January is “very encouraging” for Ohio’s economy, a spokesman for a trade group said Tuesday.The U.S. Department of Commerce reported Tuesday that retail sales rose at a seasonally adjusted 0.4 percent last month, suggesting that Americans have stepped up spending. ...
Expansions to create more than 90 jobs
CINCINNATI — Two area business expansions announced Tuesday are expected to open 93 jobs.Bioformix, a manufacturer of adhesives, coatings and sealants, said it will consolidate to a new 24,000-square-foot headquarters and research facility in Clermont County, a move that will create 43 jobs, according to Cincinnati USA Partnership, the JobsOhio ...
BWC now accepting applications for new Workplace Wellness Grant Program
COLUMBUS — The Ohio Bureau of Workers’ Compensation is now accepting applications for its new Workplace Wellness Grant Program.The program is aimed at helping Ohio employers improve the overall health of their work force and reduce injuries by adding a wellness component to their safety programs that addresses health risk ...
Amylin drug now available
WEST CHESTER TWP. — The first once-weekly treatment for type 2 diabetes in the U.S. made by Amylin Pharmaceuticals is now available by prescription, the company announced.The U.S. Food and Drug Administration approved Bydureon Jan. 27. Bydureon is produced locally at Amylin’s West Chester Twp. manufacturing plant on Trade Port ...
Military meals contract awarded to regional company
BLUE ASH — A suburban Cincinnati company has received a contract worth up to $15.5 million to provide military rations for the Air Force, Army, Navy and Marine Corps.The Defense Logistics Agency awarded the contract to Wornick Co., a major supplier of meals to the military and civilian institutional customers.The ...
Sogeti has new book on mobile app revolution
DAYTON — Information technology services company Sogeti said Tuesday it has a new publication that traces the effects of the current mobile revolution.The publication “presents ten app effects that amplify each other to empower individuals, communities and organisations far beyond Web 2.0 levels,” Sogeti said. “This results in the rise ...
Companies’ new lease agreements projected to bring 20 new jobs to Mason
MASON — Lease agreements signed by two companies are projected to add a total of 13 full-time staff by the end of this year and more than 20 in the city by the end of 2013.mDynamik, a biohealth industry business, and Storeflix, a digital IT company, committed to leasing 2,000 ...
Stories for Monday, February 13
Frozen yogurt shop offers frenzy of flavors, toppings
MASON — Menchie’s is not the typical frozen yogurt experience.That’s exactly what attracted local entrepreneurs, Shelly Roemer and Dennis Blankenship, to the business.The husband and wife team opened the first Cincinnati area Menchie’s in Mason at 6360 Tylersville Road on Dec. 28 after hearing about the franchise from a friend, ...
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