Stories by Thomas Gnau
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 ...
Barco invests $1M in Xenia center
Barco Inc. has invested about $1 million into its demonstration and training center in Xenia, which will showcase the company’s aviation-focused visual display systems and products. “It is really state-of-the-art, and it is world-class,” said Mark Saturno, Barco vice president, worldwide sales, training and simulation. “There is not a facility ...
Company invests in Xenia center
A Xenia flight simulation center is getting a new introduction to customers this week after a makeover.Barco Inc. is announcing its “demonstration and training center” in Xenia, which will show the company’s visual display systems and products. The company produces flight simulators for the aviation industry.What the company calls its ...
Judge to sentence Peppel in “approximately a week”
After hearing arguments and emotional appeals from both sides Wednesday, a federal judge said she will decide “in approximately a week” whether a former Dayton-area chief executive will go to prison for defrauding investors and misleading employees. “I don’t think it would serve the process well if I were speedy ...
Witnesses: Peppel violated sentencing terms
Michael Peppel acted as “de facto” chief executive and chief financial officer of a Kentucky online pharmaceutical company even though his 2011 sentence for fraud did not allow him to have any such role, according to a witness who testified at Peppel’s resentencing hearing Tuesday. The witness also told those ...
Port Authority agrees to $500K credit line to NCC
Trustees of the Dayton-Montgomery County Port Authority voted recently to set aside $500,000 to establish a line of credit to the National Composites Center. The vote was 6-0 Friday to authorize Jerry Brunswick, executive director of the port authority, to negotiate an agreement with the Kettering non-profit that houses and ...
Honda announces new Ohio plant Tuesday
Ohio Gov. John Kasich is expected to be on hand as Honda announces where it will build a new Ohio plant Tuesday. The automaker is expected to finally say where in Central Ohio it will build its Acura NSX sports car in a press event Tuesday morning. The event will ...
Appleton Papers changes name
Though a local paper producer earlier dropped plans to merge with an investment firm, the company did proceed with a planned name change.Appleton Papers is now Appvion, Inc., the company said Monday.“The new name reflects the company’s heritage of innovation in applying chemistry to paper and microencapsulation as a means ...
Honda to announce new plant site tomorrow
Honda will announce Tuesday where in Central Ohio it will build its NSX sports car.In January 2012, Honda and Acura first announced that the company would build its NSX “super car” somewhere near its existing assembly sites in Marysville and East Liberty.Honda is inviting media representatives to an event Tuesday ...
Former local CEO to be sentenced again
For the second time in less than two years, Michael Peppel will be sentenced for the same crimes. The former chief executive of the defunct Kettering computer and electronics firm MCSi, Peppel was originally sentenced in October 2011 to seven days in jail for his role in misleading investors and ...
Sequestration forces search for new opportunties
In an era of sequestration, Chris Wyse is going outside his company’s comfort zone. The president and chief operating officer of Projects Unlimited Inc., a manufacturer and defense contractor, is making overtures to new customers in commercial aviation and foreign nations. Last week he hosted visiting customers from Turkey who ...
Leaders hear appeals for $2.1M
More than $2 million in public dollars and more than 700 jobs were at stake as businesses and organizations sought to persuade Montgomery County leaders to help fund their expansions Friday. City and county leaders visited applicants for ED/GE (Economic Development/Government Equity) grants by bus Friday in a four-hour tour. ...
$5M project planned
Downtown residential developer Charles Simms is eyeing property across the street from his successful Patterson Square development for 31 new townhomes as part of a nearly $5 million development.Patterson Square was built off First and Harries streets downtown just west of Patterson. Patterson Place will be off North Patterson Boulevard ...
Standard Register completes reverse stock split
Standard Register Co. completed its reverse stock split, and its shares are expected to be trading at new prices this morning, the company said Thursday. The Dayton-based documents- and management-services company said it has filed documents needed to effect a 1-for-5 reverse stock split for both common stock and class ...
Dayton company completes reverse stock split
Standard Register has completed its reverse stock split, the company said Thursday.The Dayton-based documents- and management-services company said it has filed documents needed to effect a 1-for-5 reverse stock split for both common stock and class A stock. Every five shares of the company’s common and class A stock convert ...
Report sees weak but recovering area real estate markets
In general, Dayton retail, industrial and office markets have been “weak” in the first quarter of 2013, but they’re slowly recovering or trending upward, according to a report from Miller-Valentine Gem Real Estate Group.In the year’s first quarter, the area’s retail market was its strongest real estate sector, with about ...
Dayton company names new executive
A former executive with one Dayton-area alternative materials company is joining another company.David Burton has been named executive vice president of Dayton’s Angstron Materials Inc., Angstron announced Tuesday. Burton has worked in key positions for Applied Sciences in Cedarville. Burton once was research and development manager with Applied Sciences.“He (Burton) ...
OSU president: ‘Ideas must flourish’
Manufacturing must endure while new ideas must flourish, E. Gorden Gee, president of The Ohio State University, told a Dayton Area Chamber of Commerce annual meeting audience Tuesday. “We are the smoke stacks of this century,” Gee told listeners at the Benjamin & Marion Schuster Performing Arts Center, referring to ...
Sequestration confuses jobless benefits system
The federal government is cutting unemployment compensation benefits with one hand, while in Ohio, extending them with the other. That’s the upshot of two recent changes to federal jobless benefits. Starting this week, some 37,000 Ohioans receiving federal jobless benefits will begin to see those benefits squeezed by just over ...
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. ...
© 2013 Cox Media Group. By using this website,
you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices
.
You're Almost Done!
Select a display name and password
{* #socialRegistrationForm *} {* socialRegistration_displayName *} {* socialRegistration_emailAddress *} {* traditionalRegistration_password *} {* traditionalRegistration_passwordConfirm *}Tell us about yourself
{* registration_firstName *} {* registration_lastName *} {* registration_postalZip *} {* registration_birthday *} {* registration_gender *} {* agreeToTerms *}