Business Stories for May 2010
Stories for Monday, May 31
Kroger deal costly to farm
CLEARCREEK TWP., Warren County — The failed plans to build a Kroger Marketplace near the corner of Ohio 48 and Ohio 73 affected more than the area’s grocery business.One of the owners of the Windmill Farm Market, 1454 E. Ohio 73, which was to be displaced by Kroger at that ...
Kroger abandons Clearcreek Twp. site to build in Centerville
Kroger Corp. spent years planning to bring its Marketplace concept to northern Warren County before scrapping the plan. At the same time, the grocery giant — which has more than 30 stores in the Dayton area — decided to look north, over the Montgomery County line. Kroger spokeswoman Rachael Betzler ...
Stories for Saturday, May 29
DHL finalizing deal to donate Wilmington Air Park
The Wilmington area’s struggle to recover from the devastating loss of more than 8,000 jobs at the now-closed DHL domestic freight hub moves to the next step this week when DHL is to conclude a donation of the Wilmington Air Park for economic redevelopment.The Clinton County Port Authority expects to ...
Ideas abound for airports in Dayton, Wilmington
Public officials planning the economic redevelopment of the former DHL domestic freight hub at Wilmington hope to lure aviation jobs, non-aviation jobs and Air Force-backed test-flying of unmanned aircraft with increasingly sophisticated payloads.Dayton officials want to boost Dayton International Airport as a distribution center where, someday, cargo could be transferred ...
Cincinnati-based firm buys former Mazer campus
The top executive for a real estate, property management and construction firm based in suburban Cincinnati has set his sights on Dayton.Daniel L. Wheeler, president of Springdale-based Target Management and Leasing, acquired the former Mazer Corp. campus at 6680 Poe Ave. in Vandalia for $780,000. The deal closed Monday, May ...
Don’t let duct cleaners clean out your wallet
With the growing concern of home air quality, more companies are offering air duct cleaning. Unfortunately, some companies are only out to clean your wallet, not your air ducts.Air duct companies place ads in newspapers or send them by mail offering low prices, ranging from $59.95 to $99.95. Once they’re ...
Barber shop celebrates 50 years in business
FRANKLIN — The Clip Joint on Main Street is more than just a 50-year-old barber shop. Within the rough, dusky blue building lies the story of a man, with walls cluttered with pieces of his life and the promise of things he has yet to do.Fifty years in business is ...
WSU opening terahertz light wave research lab
FAIRBORN – Wright State University has lured a pioneering scientist to head a new research laboratory that will develop technology and marketable applications for terahertz light waves.The millimeter-size waves of light have the potential to be used in countless types of sensors, including military, explosive detection and biomedical uses, said ...
Dayton company acquires medical manufacturing firm
DAYTON — GEM CITY Engineering and Manufacturing (GEM), a Dayton contract manufacturer, acquired Vistek Medical, a contract manufacturer of medical components based in Ivyland, Pa., GEM said Friday, May 28.GEM, founded in Dayton in 1936, serves customers in 18 countries from manufacturing facilities in Ohio and Thailand. The company has ...
Stories for Friday, May 28
Mazer Corp property purchased
VANDALIA — The top executive for a real estate, property management and construction firm based in suburban Cincinnati has acquired the former Mazer Corp. campus here for $780,000.Daniel L. Wheeler, president of Springdale-based Target Management and Leasing, bought the nearly five-acre property from ABMD Ltd., a Longwood, Fla.-based entity, on ...
The Greene adds 3 new tenants
BEAVERCREEK — Three tenants have inked leases at The Greene and work on their stores will begin this summer, the owner of the 72-acre retail, residential and office center said in a news release.The new tenants include Charming Charlie, The Limited and The Salons @ The Greene, according to statement ...
Dayton company acquires medical manufacturing firm
GEMCITY Engineering and Manufacturing (GEM), a Dayton contract manufacturer, acquired Vistek Medical, a contract manufacturer of medical components based in Ivyland, Pa., GEM said today, May 28.This acquisition is part of a growth strategy for GEM in partnership with Riverside Partners, a Boston private equity firm. Riverside is the majority ...
Stories for Thursday, May 27
Dayton students to learn art of selling at new UD center
The University of Dayton’s new Center for Professional Selling will boost college graduates who may find themselves in sales positions after graduation.But the center may help anyone in nearly any field who is interested in persuading others, building relationships or simply strengthening “life skills,” said Matthew Shank, dean of UD’s ...
Sabre Holdings boosts its Teradata data warehouse
MIAMI TWP., Montgomery County — Teradata Corp. said Thursday, May 27, that Sabre Holdings, which sells distribution and technology products for the travel industry, has expanded its multi-terabyte Teradata Active Enterprise Data Warehouse. The data warehouse serves Sabre as a database repository supporting many critical business decisions.“The Teradata system provides ...
Trinity Hydro: Organics store moves to satisfy niche market
RIVERSIDE — A recently opened store that specializes in organic and hydroponics growing needs has moved to a larger location.Owner Jon Barker said more people have been stopping by Trinity Hydro:Organics, located in Riverside, in the last year, with questions about starting gardens, whether their goal is to save money ...
Experimental aircraft from WPAFB breaks hypersonic flight record
An X-51A Waverider flight test vehicle made the longest supersonic combustion ramjet-powered hypersonic flight Wednesday, May 26 off the southern California coast, Wright-Patterson Air Force Base said.The over-200 second burn by the X-51’s Pratt & Whitney Rocketdyne-built air breathing scramjet engine accelerated the vehicle to Mach 6. The previous longest ...
Rex’s profits, sales rise in 1Q
First-quarter sales and profits for Rex Stores Corp. skyrocketed thanks largely to a strong performance in Rex’s investments in alternative energy, executives said Thursday, May 27.For the quarter ended April 30, the alternative energy and commercial real estate company posted a profit attributable to shareholders of $4.2 million, or 43 ...
Stories for Wednesday, May 26
Greene County air hose manufactors supplying Dallas airport
JAMESTOWN — After more than a decade of work, two Greene County inventors — an airline pilot and a former sheet-metal worker — have hit pay dirt. They expect more good things to come.JBT AeroTech, of Ogden, Utah, has ordered 45 Boom Air Hose Management System units to be produced ...
Group seeking to buy KeyBank Tower
DAYTON — An entity seeking to buy KeyBank Tower — possibly this week — has asked the city of Dayton to assign it leases for the land on which the high-profile tower sits.Attorneys for THMG 10 West Second Street LLC approached city officials a few weeks ago about the change, ...
UD, firms get $3M for composite material production
The Ohio Third Frontier Commission has awarded the University of Dayton, Renegade Materials, Goodrich, and Owens Corning, $3 million to develop new composite materials.This project is designed to assist the production of a new composite material useful for a broad spectrum of applications in industries ranging from aerospace to energy ...
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