Business Stories for April 2010
Stories for Saturday, April 24
Home improvement business picking up, companies say
After a slow winter, Jack Kostak, president and owner of All-Seal Home Improvement, said business jumped in March, giving his Vandalia company its biggest month in two years.While things slowed somewhat in April, business still continues at a faster pace than last year, Kostak said, adding that he remains “cautiously ...
Stories for Friday, April 23
187 new jobs may be coming to Kettering
KETTERING — City officials said they are encouraged by recent developments that a second multinational company, proposing to bring 187 new jobs to Miami Valley Research Park, is expected to make a decision on its plans next week.Bruce Pearson, the park’s president and CEO, said according to a company representative, ...
Hospitals see more military patients
WRIGHT-PATTERSON AIR FORCE BASE — A Wright-Patterson Medical Center administrator believes the economy and other external forces have largely contributed to the surge some local hospitals have recently seen in patients covered by TRICARE.TRICARE is the health care program serving active-duty service members, National Guard and Reserve members, retirees and ...
Cost for military health care up
The soaring cost of military health care has some national figures questioning whether the program can be sustained without controlling costs or hiking premiums, which haven’t risen since 1995.The military health care system’s cost climbed from $19 billion in 2001 to a projected $50.7 billion in 2011, the U.S. Department ...
Used car salesman has reason to smile
DAYTON — Ken Smiley Jr. is emerging from a rough few years.Smiley — the third Ken Smiley in his family to own Ken’s Kars in 60 years — wrestled with city planners over zoning when he wanted to move his used car dealership a block north on North Main Street. ...
Myers named chairman of Farmers & Merchants Bank
MIAMISBURG — Shareholders of bank holding company F&M Bancorp have named Shon Myers chairman, the parent of Farmers & Merchants Bank said.Myers, president and chief executive of the bank, succeeds Raymond Shambrock, who was chairman for 46 years, executives said. Myers joined the bank in 2001.In addition to Myers, six ...
Local marketing agency partners with California company
VANDALIA — TriComB2B, a business-to-business marketing agency, said Thursday, April 22, it has established a partnership with Unisfair, a California-based company dedicated to powering virtual events and virtual business environments, according to a news release.TriComB2B will work with Unisfair to develop virtual events for its clients. The agency will develop ...
KHN expands access to hyperbaric treatment
MIAMISBURG — Kettering Health Network physicians from the Wound Healing and Hyperbaric Medicine Center at Wright-Patterson Air Force Base this month began seeing patients at KHN’s Sycamore Medical Center, expanding access for those with diabetic ulcers, venous stasis ulcers and other non-healing wounds, according to a news release.An office south ...
Stolle names new CEO
David Groetsch will retire as chief executive of Stolle Machinery Co. LLC effective June 30, with Robert Isaman assuming CEO responsibilities this week, Stolle Machinery said Thursday, April 22.Based in Centennial, Colo., Stolle has manufacturing facilities in the Denver area, as well as Canton and Sidney. The company has about ...
Stories for Thursday, April 22
New Orleans hires Dayton’s aviation director
DAYTON — New Orleans on Thursday completed its approvals of a five-year contract to hire Dayton aviation director Iftikhar Ahmad for a similar job in that city.The New Orleans Aviation Board on Wednesday approved the hiring of Ahmad at an initial yearly salary of $195,642, with increases of 3.75 percent ...
Fifth Third loses $72M
Large regional bank Fifth Third Bancorp lost nearly three times as much money during the first quarter as it did a year ago, while PNC Financial Services Group saw profits fall during the same period.Cincinnati-based Fifth Third reported Thursday, April 22, it lost $72 million, or 9 cents per share, ...
New Carlisle dealership won’t carry ‘Ford’ name
NEW CARLISLE — Clark County’s only remaining Ford Motor Company dealership will no longer carry the Ford name, but will remain in business as a auto dealership.New Carlise Ford, 1775 South Ohio 235, will officially cease to operate as a company franchise on or about May 1, said Roosevelt Robinson, ...
Preble County business files for bankruptcy protection
DAYTON — Twin Valley Metalcraft ASM LLC filed for Chapter 11 protection on Wednesday, April 21, in U.S. Bankruptcy Court.The Preble County metal fabricator, 4739 Enterprise Road in West Alexandria, listed assets of $176,033 and liabilities of $348,523. It reported a loss of $19,648 in 2008.The company was sued last ...
Fifth Third loses $72 million in first quarter
Large regional bank Fifth Third Bancorp lost nearly three times as much money during the first quarter as it did a year ago, while PNC Financial Services Group saw profits climb during the same period.Cincinnati-based Fifth Third reported today, April 22, it lost $72 million, or 9 cents per share, ...
Local company making shelters for Air Force
CENTERVILLE — SelectTech Services Corp. said it has a $2.5 million, one-year contract to design, test and build ground stations for the Air Force Research Laboratory for use in Afghanistan.The work is being done through a subcontract from Science Applications International Corp., the prime contractor for the agreement with the ...
New Orleans finalizes hiring of Dayton aviation director
DAYTON — New Orleans on Thursday, April 22, completed its approvals of a five-year contract to hire Dayton aviation director Iftikhar Ahmad for a similar job in that city. The New Orleans Aviation Board on Wednesday approved the hiring of Ahmad at an initial yearly salary of $195,642, with increases ...
Stories for Wednesday, April 21
Suppliers warned of loan hurdles
KETTERING — Local companies looking to step beyond the auto industry need to make smart decisions about money if they are to succeed, a panel of small business lenders told workshop participants Wednesday, April 21.“Know what it is that you’re doing,” said Mike Lander, senior vice president at WesBanco. “Know ...
Australian-New Zealand military observance on Sunday
WRIGHT-PATTERSON AIR FORCE BASE — Australian Defence Force members assigned to Wright-Patterson Air Force Base will host a morning service Sunday, April 25, to mark the anniversary of a World War I military engagement.ANZAC (Australian and New Zealand Army Corps) Day is observed each April 25 to honor the sacrifices ...
100 jobs available at distribution center
MONROE — The Home Depot is currently accepting applications to hire about 100 full- and part-time workers for its rapid deployment center.The positions available are for the facility’s second shift from 4:30 p.m. to 1 a.m., Home Depot officials said.Interested applicants should go online to www.careers.homedepot.com to apply. Applicants should ...
Huntington reports profits in first quarter
COLUMBUS — Huntington Bancshares reported gains in first-quarter profits and executives said Wednesday, April 21, that the bank would end the year in the black.For the quarter, the company said it earned $39.7 million, or 1 cent per share, including a net tax benefit. In the same quarter a year ...
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