Business Stories for January 2011
Stories for Wednesday, January 26
ATIC signs partnership deal with Virginia college
DAYTON — Advanced Technical Intelligence Center for Human Capital Development is set to launch a new intelligence training program in Central Virginia, expanding its reputation as one of the leading training centers in the country. The new program is being developed through a partnership with Piedmont Virginia Community College in ...
Bergen continues as Bon-Ton president, CEO
The parent company of Elder-Beerman Stores Corp. has extended the contract of Bud Bergen to serve as its chief executive and president at least into 2012, according to filings with securities regulators.The new pact between Bergen and Bon-Ton Stores Inc. will remain in effect through Feb. 5, 2012 and could ...
Lebanon man turns unemployment into restaurant business opportunity
LEBANON — Despite 18-hour days spent mostly staring at a 300-degree cooker waiting for several hundred pounds of meet to cook, Mark Groce said he’s never been happier than he is running Porky Capone’s BBQ, his new restaurant.Groce is the owner/head chef/jack of all trades at Porky Capone’s, a new ...
Stories for Tuesday, January 25
Area unemployment dips slightly
COLUMBUS — The monthly unemployment rates for both Dayton and Montgomery County dropped in December, but Dayton’s rate was next to the highest among Ohio’s major cities, the Ohio Department of Job and Family Services reported Tuesday. In Dayton, the monthly rate dipped half a percentage point, from 11.8 percent ...
A.O. Smith reports higher profits
A.O. Smith, a maker of electric motors and water heaters, said Tuesday that profits rose last year despite weakness in the construction markets and a flood at its Tennessee factory.Last year, A.O. Smith earned $111.7 million, or $2.42 per share, compared with $81.3 million, or $2.36 per share, in 2009.The ...
Stories for Monday, January 24
Chinese group searching area for trade opportunities
DAYTON — A delegation from the Beijing Federation of Industry & Commerce on Monday visited Dayton less than a week after the U.S. and China announced a $45 billion deal boosting U.S. exports to China.The trip included a tour of the University of Dayton campus and arena Monday. From there, ...
Dayton area home permits fell last year
DAYTON — Residential building permits last year fell 16 percent, with the declines coming mostly from apartments and single-family homes, a local trade association said Monday.Permits for single-family homes, apartments and condos totaled 1,517 last year, versus 1,808 in 2009, according to the Home Builders Association of Dayton.Despite the drop, ...
Woolpert agrees to buy operation
DAYTON — Woolpert has agreed to buy the Bohannan Huston’s Dallas operations by early February, according to a news release.Bohannan Huston is a spatial data, mapping, civil engineering and advanced engineering technology services firm.The expertise provided by Bohannan Huston’s Dallas office will complement the services offered by Woolpert, said Mike ...
CPA firm adds executive coaching capability
DAYTON – CPA firm Flagel, Huber, Flagel and Co. has launched FHF Excellence in Business Coaching, a joint venture with professional business coach Robert Forschner, according to a news release.Randy Kuvin, FHF’s managing partner, said in a statement that Forschner will work with clients to carve out more time “to ...
Dayton businesses selling for less, Web site says
According to a web site that tracks business selling prices, some Dayton small businesses are selling for less, but their revenue is a bit higher compared to last year.BizBuySell.com released its second quarter 2010 data last week on what it says are the prices for which small businesses are selling ...
Teradata completes $525M acquisition of Indy firm
Miami Twp.-based Teradata said Monday it has completed its acquisition of Aprimo, a company focused on cloud-based marketing software.Last month, Teradata said it had agreed to acquire the Indianapolis-based company for $525 million.The acquisition of privately held Aprimo is Teradata’s largest acquisition since becoming independent of former parent NCR Corp. ...
Stories for Saturday, January 22
To pay down debt, stop using credit, budget, work with debtors
Are you feeling the effects of your holiday spending? Bills are due, money is low and you’ve no idea where to start.By dedicating yourself to using credit responsibly and sticking to a sensible plan, you can effectively pay down your debt.Here is advice to help you get back on top ...
Could Columbus be next for Morris Furniture?
Don’t look for it immediately, but retailer Larry Klaben says Columbus eventually could be an attractive site for another Morris Furniture Co. Inc. showroom.On Jan. 15, the Dayton-based home furnishings retailer had the official opening for its showroom in Springdale, a northern Cincinnati suburb. The 72,000-square-foot store is the first ...
Morris to open store in Springdale
SPRINGDALE — With the opening of a third Morris Furniture Co. store under his belt, Larry Klaben said he looks for the economic recovery to also fuel a continued upswing in home furnishings.The new Morris store had its official opening Jan. 15, but it has been operating since November, said ...
Requarth Lumber 'will ride out bad times', exec says
DAYTON — Requarth Lumber Co. sold wood to Wilbur and Orville Wright for their pioneering airplanes. The company survived the 1913 flood, two world wars and a devastating 1972 fire.The family-held business is enduring the continuing slump in homebuilding as the economy struggles to improve, but survival has come at ...
Drilling drives company’s success
BEAVERCREEK — Soon after local manufacturer Robbins & Myers Inc. reported earlier this month that its net income had more than doubled compared to the same quarter last year, its shares shot up 13 percent.Peter Wallace, Robbins’ president and chief executive, was pleased, but he knows that challenges come with ...
Stories for Friday, January 21
WPAFB’s $82.5M decision awaited
WRIGHT-PATTERSON AIR FORCE BASE — Base officials could decide as soon as late February which company will win a new contract potentially worth $82.5 million to handle Wright-Patterson Air Force Base’s construction projects.The decision rests with the base’s operational contracting unit. It may also take the Air Force several additional ...
Kettering medical-text company wants to expand
KETTERING — MatchMD Inc., a provider of Web-based text communication between hospital or physician staff and their doctors, is looking to expand the system’s use to additional hospitals and doctors’ offices.The 10-year-old company, begun in 2000 by two employees of Kettering Medical Center, has contracts to serve the Kettering and ...
Businesses group to hear from police chief, chamber
DAYTON — An association of Salem Avenue merchants and residents will hear from the leaders of the Dayton Police Department and Dayton Area Chamber of Commerce at upcoming meetings.Police Chief Richard Biehl is to address the Salem Avenue Business Association on Jan. 26. Phil Parker, president and chief executive officer ...
Air Force awards contract that could be worth $71M
WRIGHT-PATTERSON AIR FORCE BASE – The Air Force awarded Goodrich Corp.’s surveillance and reconnaissance division in Chelmsford, Mass., a contract potentially worth $71.9 million to provide equipment, testing and related services in support of Pakistani F-16 aircraft and the Air Force’s foreign military sale program that provides aircraft and parts ...
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