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Business Stories for April 2010

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Stories for Friday, April 30

Consumer spending, sales tax receipts up

DAYTON — The nation’s economy is growing as consumers boost spending and companies increase investment, but high unemployment continues to dampen the outlook here.Spending nationally by consumers rose by the fastest pace in three years, the Commerce Department said Friday, April 30.That helped the economy grow at a 3.2 percent ...

Randy McClure, a service technician at Miami Valley Industrial trucks works on a Caterpillar forklift. The Moraine company also supplies parts for the brand. Caterpillar Logistics Services has announced the company will build a $68.6 million, 1.3 million square foot distribution center in Commerce Park along Hoke Road in Clayton.

Fortune 500 company poised to add 500 to 600 local jobs

DAYTON — Earnings for Caterpillar Inc., the Dayton area’s new Fortune 500 employer, are rising, and the company’s outlook for 2010 is good.And, whether Caterpillar’s future growth comes from foreign or domestic markets, a parts distribution center slated for Clayton stands to benefit from having a strong parent, analysts say.The ...

ConAgra to add 190 jobs at Slim Jims plant in Troy

TROY — An explosion at a ConAgra Foods Inc. plant in North Carolina last year indirectly pushed the company to expand its Troy plant and move most of its production of Slim Jim meat stick products there in 2011.Company, state and local officials on Friday, April 30, attended a ground-breaking ...

Up to 40 new hires for green delivery business

HUBER HEIGHTS — CEV Delivery Systems, a delivery company that uses clean-energy vehicles, has opened an operation here that will employ up to 40 people, according to a news release. The company has set up shop in a 9,600-square-foot facility at 8203 Expansion Way, the news release states. CEV signed a ...

New home permits jump 22.5 percent

DAYTON — Residential permits jumped 22.5 percent in March, the Home Builders Association of Dayton said.Residential permits — a mix that includes apartments, condos and single-family homes — reached 185 last month versus 151 a year ago, HBA officials said Thursday, April 29.Last month’s total included 159 single-family homes, six ...

Energy grants available for rural businesses

Rural small businesses and agricultural producers may apply through June 30 for Rural Energy for America Program grants, which promote energy efficiency and renewable energy development.The grant may not exceed 25 percent of total eligible project costs. Priority consideration will be given for requests of under $20,000. Combined guaranteed loan ...

Social media’s benefits for businesses touted

KETTERING — Charlene Li, who has written books about social networking technologies, will speak May 13 at the University of Dayton about how businesses can use those technologies.The university’s Center for Leadership and Executive Development, along with Technology First, the regional information technology organization, will sponsor Li’s talk at a ...

Stories for Thursday, April 29

Restaurants rebounding from recession

Dayton-area restaurants and their counterparts nationwide are showing solid signs of resurgence that promises to help them shake off a recession that hit the industry hard.Data scheduled for release today, April 30, by the National Restaurant Association shows the organization’s Restaurant Performance Index, a closely watched barometer of restaurant activity, ...

Maury Johnson of Springboro has lunch at Artisans Cafe in Clayton while Abby Morris takes orders.

Restaurants set the table for a resurgence

David Hulme, owner of The Pine Club, said he can measure his customers’ growing optimism by what’s going on in his Dayton restaurant’s dining room.The traditionally slow early week business — those Monday and Tuesday night diners who typically make a spur-of-the-moment decision to go out to eat — is ...

DPL Inc. reports first-quarter earnings increase

DAYTON — DPL Inc., owner of Dayton Power and Light Co., earned $71 million, or 61 cents per share, for the three months ended March 31 as revenues increased by $36.2 million (9 percent) to $451.2 million.That compared with earnings of $69.2 million, also 61 cents per share, for the ...

Bogus military parts put personnel at risk, senator says

The Department of Defense lacks a policy or specific processes for detecting and preventing counterfeit parts that are sold to the military, congressional investigators concluded in a study.That puts American military personnel at risk, said U.S. Sen. Sherrod Brown, D-Ohio, who with U.S. Sen. Evan Bayh, D-Ind., requested the Government ...

Standard Register damps down losses in first quarter

DAYTON — Although the losses continue for documents services firm Standard Register, Joe Morgan, its chief executive, is optimistic that the market understands the company is renewing itself. “The dirty truth is, print isn’t going away,” Morgan told listeners at the company’s annual shareholders meeting Thursday, April 29. “Print is ...

Dayton Children’s to open new part of its ER

DAYTON — The Children’s Medical Center of Dayton will begin using a new part of its pediatric trauma and emergency center on Wednesday, May 5, the hospital said. The opening of a portion of the emergency department follows the first phase of an $8.5 million renovation of the trauma and ...

Wright-Patterson base commander studying at Harvard

WRIGHT-PATTERSON AIR FORCE BASE — Col. Bradley D. Spacy, commander of the host 88th Air Base Wing at Wright-Patterson, is away from the base until mid-May, studying at Harvard University.The month-long course offered by the Harvard Kennedy School’s senior executive fellows program could groom Spacy for his next Air Force ...

Kettering’s EMTEC picks new vice president

Dean Mocko is the new vice president of manufacturing initiatives for the Edison Materials Technology Center (EMTEC), the organization said Wednesday, April 28.EMTEC, based in Kettering, helps materials- and energy-focused focused firms in Ohio commercialize technology or research. Mocko will oversee manufacturing-related matters for EMTEC clients, including product commercialization, technology ...

Bosch honored for representing Dayton region

DAYTON — The Dayton Development Coalition presented an award honoring John Bosch, chairman of the National Aviation Heritage Alliance, for his involvement in, and advocacy for, regional causes.The coalition presented the award in Washington, D.C., during its annual fly-in. The event brings Dayton business and political leaders to the capital ...

The completed control tower rises behind the construction site of future parking garage at the Dayton Airport. This is one of the projects departing Iftikhar Ahmad got started (along with an imminent rebuilding and modernization of the ticketing lobby and expansion of the terminal building). The airport is the first look at the region that many visitors get, so its appearance and vitality are considered important as part of the region's overall economic development efforts.

Airport will ask its next director to build on economic momentum

DAYTON — The director of Dayton International Airport is leaving for a new job in New Orleans just as the airport, a key asset for the region, is undergoing its largest modernization in years.The challenge now for Dayton city leaders is to hire someone who can build on what Iftikhar ...

Airport director lauded before departure for new job

DAYTON — Now that Iftikhar Ahmad, the city’s aviation director, is leaving Dayton for a similar job in New Orleans, attention is turning to who will replace him.Ahmad oversaw construction programs for a parking garage, new airport concessions, extension of the terminal building and a remodeling of the ticketing lobby ...

Feds slam local Lowe’s store for record-keeping violations

Federal workplace safety regulators want to fine the Lowe’s home improvement company $110,000 for “continually failing” to document and report employee injuries and illnesses.The Occupational Safety and Health Administration alleged Wednesday, April 28, that the record-keeping violations at a Lowe’s store in Huber Heights and another in Cincinnati were willful ...

Stories for Wednesday, April 28

Biofuels looking good as DP&L adjusts to state mandates

DAYTON — Burning biofuels, and even paper and plastic bags, is a promising prospect for Dayton Power and Light Co. as it moves to comply with a state mandate to increase power generation from alternative sources, DP&L officials said Wednesday, April 28.The utility has mixed into its coal fuel up ...

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