Business Stories for April 2012
Stories for Monday, April 30
Wright-Patt Credit Union wants to expand in Hamilton County
Wright-Patt Credit Union said Monday it will expand its services in Hamilton County after receiving state approval.Wright-Patt already has two Hamilton County locations in Greenhills and Norwood. The approval from the state to expand as a community group allows the Dayton area based credit union to serve anyone who lives, ...
Stories for Saturday, April 28
Kings Island strategy family-focused
MASON — An expanded water park, upgraded food options and new live shows are some of the biggest changes in store this season at Kings Island, where a change in corporate leadership has led to a renewed emphasis on customer experience and family fun.Cedar Fair Entertainment Co., the Sandusky, Ohio-based ...
Stories for Friday, April 27
Piketon nuclear plant gets $150M boost
WASHINGTON — A proposed uranium enrichment plant received a boost Tuesday when a Senate subcommittee agreed to include $150 million in a federal spending bill for research and development at the plant, located in Piketon about 90 miles southeast of Middletown.The Senate Energy and Water Subcommittee included the money in ...
Tri-State Red Cross names new CEO
The Greater Cincinnati-Dayton Region of the American Red Cross today announced Patricia Mann Smitson as its new chief executive.Currently a partner in law firm Thompson Hine, Smitson will oversee the 36-county Red Cross region that encompasses southwestern Ohio, northern Kentucky and southeastern Indiana. She will assume her new role on ...
Procter & Gamble 3Q net income slips
CINCINNATI — Procter & Gamble Co. said Friday its third-quarter net income slipped 16 percent as price increases and an uptick in revenue did not offset high costs for raw material and others related to a restructuring.The world’s largest consumer product company also reduced its 2012 guidance due to volume ...
Stories for Thursday, April 26
Bank to close 9 more branches
First Financial Bancorp plans to close eight area bank branches June 29, including previously reported branch closings in Lebanon and Lewisburg. The Cincinnati-based banking company said Wednesday in its first-quarter earnings release nine total locations would close, eight of which are in Ohio and one in Indiana. Branches in Dayton, ...
First Financial plans to close 8 area branches
First Financial Bancorp plans to close eight area bank branches June 29, including previously reported branch closings in Lebanon and Lewisburg.The Cincinnati-based banking company said Wednesday in its first-quarter earnings release nine total locations would close, eight of which are in Ohio and one in Indiana. Branches in Dayton, Centerville, ...
Pending home sales in Ohio rise
The number of pending home sales in Ohio rose in March for the 11th consecutive month, a statewide realtors group said Thursday.Ohio’s March Pending Home Sales Index of 121.4, a forward-looking indicator based on contract signings, rose 14.9 percent from the March 2011 index of 105.7. In addition, the 2012 ...
Stories for Wednesday, April 25
Teradata to welcome new hotel next year
MIAMI TWP., Montgomery County — Teradata officials are looking forward to the opening of the Hilton Garden Inn, one of two hotels planned at Austin Landing. The information technology company’s headquarters is next to where construction has begun on the hotel-conference center, expected to open in March 2013. “I envision ...
Stratacache debuts vending machine video technology
Stratacache, the Dayton-based provider of digital sign, content distribution and video acceleration technologies, will debut its new translucent digital sign product for vending machines today at the National Automatic Merchandising Association’s OneShow in Las Vegas.PrimaSee Vending is a translucent digital display that showcases high-definition video advertisements embedded within the glass ...
Stories for Tuesday, April 24
EMTEC hosts shale gas technology seminar
The Edison Materials Technology Center will host a short course about alternative energy technologies in the shale gas era on May 24 at the Engineers Club of Dayton.Jack Brouwer, an energy expert from the National Fuel Cell Research Center at the University of California Irvine, will present the program. His ...
AK Steel reports nearly $12M loss
Middletown steelmaker AK Steel Corp. Tuesday reported a net loss of $11.8 million, or a loss of 11 cents per share, for the first quarter of 2012, well below net earnings of $8.7 million, or 8 cents a share, reported for the same quarter in 2011.Net sales for the quarter ...
Stories for Monday, April 23
Third Frontier will allot start-up funds
Ohio Third Frontier Commission officials will vote Wednesday on applications for $6 million in funding for start-up companies that want to commercialize technologies developed by Ohio colleges and universities.The $6 million Tech Validation and Start-Up Fund is available for fiscal year 2012. It includes $3 million each in technology validation ...
3 economic development groups in Ohio among nation’s best, report says
Site Selection magazine has named three economic development organizations in Ohio as among the best in the nation.The magazine on Monday awarded honorable mentions to the Wayne County EDC in Wooster, Columbus 2020 and the Cincinnati USA Partnership.Local economic groups were first ranked according to new jobs, new jobs per ...
Bon-Ton touts Goodwill sale results
Bon-Ton, the parent company of Elder-Beerman department stores, said Monday it collected nearly three million pounds of clothing and textiles during its most recent Goodwill sale.The donations have an estimated value of $17 million. Goodwill Industries International will sell the donated clothing and the like in its stores, and the ...
Stories for Saturday, April 21
Weeds flourishing at once-proud Kettering restaurant
When a bank forecloses on a property — for example, when LCNB National Bank recently foreclosed upon l’Auberge and became the property’s owner after the restaurant closed — what responsibility does a bank have to maintain that property? A Kettering property-maintenance inspector filed a complaint Thursday about the weeds and ...
6 tips to keep you safe from Nigerian money scams
Everyone dreams of being a millionaire someday. And, with the help of a scam artist from Nigeria or another foreign country, they can make sure you are or will they?They claim all you have to do is wire funds or provide personal information. But, this is another case of if ...
Stories for Friday, April 20
Health jobs grow in Cincinnati region
Hospitals in the Cincinnati region had more than 3,500 job openings at the end of 2011, a 26 percent increase from 2010, according to the newest annual vacancy report by Greater Cincinnati Health Council released Wednesday.Total hospital jobs, including existing workers and job openings, increased in 2011 to more than ...
Standard Register loses $5.1M in a quarter
Standard Register lost more than $5.1 million, or 18 cents per basic and diluted share, in the first quarter of 2012, down from the $428,000, or penny a share, the company earned in the same quarter last year.Revenue was down slightly, at about $157.6 million in the 13 weeks that ...
Ohio jobless rate dips for 8th straight month
Job growth — not discouraged workers giving up on their job searches — pushed unemployment in Ohio down for the eighth straight month in March. The rate dipped to 7.5 percent last month from 7.6 percent in February, the Ohio Department of Job and Family Services reported Friday. The March ...
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