Business Stories for March 2011
Stories for Wednesday, March 23
Rex to report financial results
Rex American Resources said Tuesday it will issue its financial results for fiscal 2010 and the fourth quarter on March 29.The company, which invests in alternative-energy ventures and owns commercial real estate, will issue the results before financial markets open.Executives will discuss the results in a conference call at 11 ...
Dayton auto show opens Thursday
The 2011 Dayton Auto Show opens tomorrow at noon.As always, the show will be at the Dayton Convention Center, 22 E. Fifth St. It’s a way to see plenty of domestic and imported cars and trucks under one roof and in one visit.Tim Doran, executive vice president of the Dayton ...
Clayton Caterpillar site not to be part of any deal, spokeswoman says
Caterpillar Inc. is considering selling its third-party logistics business, but the company’s new Caterpillar Logistics Services distribution center in Clayton won’t be part of that, a company spokeswoman said Wednesday.“I want to stress that operations for Cat brand parts distribution are outside of the scope of what is being considered,” ...
Stories for Tuesday, March 22
More local companies use radio wave tags
Brad Proctor, chief executive of Dayton’s RFID Convergence Center, passed out a dozen access passes to employees of tenant companies last year.This year, he has passed out closer to 60 — one sign of the local growth and interest in RFID, or Radio Frequency Identification, technology. The center serves as ...
Dayton rapidly becoming center of growing sensor technology industry
DAYTON — Dayton’s next big industry could be sensors, including a technology that’s a successor to the bar code, some believe.There are more than 60 companies focused on Radio Frequency Identification (RFID) technology in the Dayton area, with about a dozen of those firms being born in 2010 alone, according ...
Former base commander hired by gas company
DAYTON — Colleen M. Ryan, the former Wright-Patterson Air Force Base Commander and Dayton Development Coalition Vice President, is taking on the newly created position of president of natural gas utility Vectren Energy Delivery of Ohio. She’s the second high-ranking Dayton Development Coalition official to announce their departure within a ...
Dayton’s new airport management team in place
DAYTON — The newly appointed top managers for Dayton’s two airports were formally introduced to the public Tuesday. Terrence G. Slaybaugh, 55, director of aviation, and Gil B. Turner, 47, deputy director of aviation, will oversee Dayton International Airport and the general aviation Dayton-Wright Brothers Airport. Slaybaugh’s annual salary is ...
Dayton airport’s new control tower to start operating in June
DAYTON — Dayton International Airport’s new air traffic control tower will go into operation in early June with about one-third of its current staff of controllers, as some functions are transferred to Columbus, a federal official said Tuesday.The switchover to the $21 million tower from the current control cab atop ...
U.S. disaster loans available in Darke, 13 other counties
WASHINGTON — Residents and businesses in Darke County and 13 other Ohio counties who sustained losses from storms and flooding between Feb. 27 and March 8 are eligible to apply for low-interest disaster loans from the federal government. The U.S. Small Business Administration said Monday it is making the loans ...
Air Force buying eight MQ-9 Reaper unmanned aircraft
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force awarded a $50.3 million modification of an existing contract to buy eight MQ-9 Reaper unmanned aircraft.The Aeronautical Systems Center, at Wright-Patterson Air Force Base, awarded the contract to the Reaper’s manufacturer, General Atomics Aeronautical Systems Inc., of Poway, Calif., where the work ...
Variety store opens in downtown Tipp City
Hapinstance Designs of Tipp City will open April 2, the Downtown Tipp City Partnership said.The store at 32 E. Main St. downtown has taken over the space once occupied by Down A Country Lane & Cognac Home Furnishings, the partnership said. The business focuses on a variety of merchandise including ...
Stories for Monday, March 21
Air Force brass visit base to congratulate Wright-Patt team
WRIGHT-PATTERSON AIR FORCE BASE — Senior Pentagon officials visited the base Monday to personally congratulate the acquisition team that oversaw the bidding competition won by Boeing Co. to provide refueling tanker aircraft to the Air Force. Air Force Secretary Michael B. Donley, Air Force Chief of Staff Gen. Norton A. ...
Governor making two stops in Dayton area today
Ohio Gov. John Kasich will visit the LexisNexis facility in Miami Twp. today, according to the company and the governor’s office.Kasich is to be on hand at the LexisNexis campus, off Ohio 741, at 5 p.m. He is scheduled to speak with company executives and tour the facility.The facility serves ...
EPA alerted to chemical spill at Appleton plant
No one was injured in chemical spill from a railcar at Appleton Paper early Monday. About 200 to 300 gallons of a mix of sodium-hydroxide and water spilled from what appeared to be a ruptured railcar hose this morning at the West Alex-Bell Road plant, said Jack Keister, West Carrollton ...
Dayton’s new aviation director reports for duty
DAYTON — The city’s new director of aviation, Terrence G. Slaybaugh, was in the office Monday to take over as manager of Dayton International Airport and Dayton-Wright Brothers Airport.Slaybaugh, 55, comes from Rochester, N.Y., with a background as a former aviation director, county economic development official and executive with a ...
Home sales fall in Ohio
DAYTON — Home sales in Ohio continued to slow in February as the state’s economy struggles to recover from the recession.Sales in February fell 5.4 percent to 5,524 dwellings, compared with 5,839 homes in February 2010, according to the Ohio Association of Realtors. The average price of the homes that ...
Provider of care to disabled files for bankruptcy
DAYTON — New Life Enterprises of N.W. Ohio, Inc., which does business as Inclusive Solutions at 721 Lincoln St. in Troy, has filed a Chapter 11 petition in U.S. Bankruptcy Court.Inclusive Solutions provides drop-in and around-the-clock residential services, day support and vocational services, and transportation to individuals with intellectual or ...
Stories for Sunday, March 20
Consumer electronics could be impacted by disaster in Japan
The first concern in Japan these days is a humanitarian one.But those who do business with Japan recognize there’s another concern. Those who buy or distribute electronic products made in Japan are trying to determine how their businesses may be affected by the March 11 earthquake and tsunami.“Japan is a ...
Stories for Saturday, March 19
Navistar’s new focus is to seek out business
SPRINGFIELD — Navistar Inc.’s new focus won’t just boost sales at the Springfield plant, but can help improve the city of Springfield’s economy, company officials said.With truck sales at 50-year lows because of the recession, Navistar’s new agenda is to aggressively pursue more work rather than wait for work, said ...
Air Force prepares for second hypersonic test flight
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force plans a second hypersonic flight test this week of its X-51A Waverider aircraft, hoping that some improvements will avoid a problem that cut short last year’s first flight.The date of the flight over the Pacific Ocean is Tuesday, if plans don’t change ...
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