Business Stories for June 2011
Stories for Thursday, June 30
Upgrades, name change in works for local hotel
The Holiday Inn Dayton Mall will change over to the Wyndham Garden Dayton South nameplate on Sept. 12.The 134-room hotel will adopt the new name following a multimillion-dollar refurbishment.The hotel is at the corner of Ohio 741 and 725 in Miami Twp.The upgrades will cost between $2.5 million and $3 ...
Holiday Inn Dayton Mall to adopt Wyndham Hotels and Resorts nameplate
The Holiday Inn Dayton Mall will adopt the Wyndham Hotels and Resorts nameplate in the fall, changes that will follow a major upgrade to the hotel, according to a news release.The 134-room hotel will operate as the Wyndham Garden Dayton South following the change, the release states.Upgrades include improvements to ...
Better Business Bureau to highlight revamped reliability reports
DAYTON — The Better Business Bureau is promoting its redesign of business reliability reports it issues about companies and plans to host a free event on July 7 to highlight the new format.The BBB reports, now known as business reviews, will be featured at a 4:30 p.m. event in the ...
Northrop Grumman awarded $17.5M Air Force contract
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force has awarded a $17.5 million contract to Northrop Grumman Systems Corp. for research and development work in laser detection technology used to find and examine potential targets for U.S. warplanes.The Air Force Research Laboratory at Wright-Patterson Air Force Base awarded the contract, ...
Stories for Wednesday, June 29
New ‘Progress Park’ may provide jobs
A California developer expects to acquire the former General Motors plant in Moraine today or Friday, officials said Wednesday.“The city is excited about that prospect,” said Dave Hicks, Moraine city manager.Stuart Lichter, principal of Downey, Calif.-based Industrial Realty Group, confirmed that the closing will happen in the next two days, ...
New sushi restaurant to open near UD
FUSIAN, a casual sushi bar located in downtown Cincinnati, announced yesterday it would open a second location on Brown Street to cater to University of Dayton students early this fall. Zach Weprin, one of three cofounders of FUSIAN, said the news that was released on Facebook and Twitter is particularly ...
2 Dayton-area companies could get $2.4M in state loans for expansion
COLUMBUS — The Development Financing Advisory Council, part of the Ohio Department of Development, has approved loans totaling $2.4 million for two Montgomery County companies to support planned business expansions.The loans still need final approval from the State Controlling Board.Columbia Engineered Rubber Inc., located in Vandalia, is to receive a ...
Miami Valley companies among Navy contract awardees
The Navy has chosen six Ohio companies, including four from the Dayton region, among 333 contractors that are to compete for providing services to Navy agencies and the Marine Corps.The Defense Department identified the companies as Ahrens Consulting Group, Beavercreek; Azimuth Corp., Dayton; DKJ Technologies, Beavercreek; Lion-Vallen LP, Vandalia; 1st ...
IRG closing on former GM plant close, city official says
A California developer expects to close the deal to acquire the former General Motors plant in Moraine in the next two days, a city official said.“The city is excited about that prospect,” said Dave Hicks, Moraine city manager.Stuart Lichter, principal of Downey, Calif.-based Industrial Realty Group, could not be reached ...
Teradata announces new data tool
Teradata Corp. is announcing a patent that it calls “the next big thing in analytic business foresight.”Teradata acquired Aster Data, the developer of the technology, in April. The technology, known as SQL-MapReduce, which enables “fast investigative analysis of complex information by data scientists and business analysts,” the company said in ...
Lawmakers back off raising alcohol level allowed in beer
Dayton-area beer enthusiasts are puzzled and disappointed by a last-minute decision by legislators to back away from raising the alcohol level allowed in beer sold in Ohio from 12 percent to 18 percent — a move they say will prevent Ohioans from sampling some of the nation’s elite brews and ...
Stories for Tuesday, June 28
Montgomery properties lost $2B in value over last year
Montgomery County properties lost almost $2 billion in value over the last year, according new evaluations released Wednesday. Overall, the county’s total value tumbled 7 percent from $27.72 billion to $25.76 billion, with three out of four of the nearly 212,000 residential properties losing value. “This is where the reality ...
More fliers at Dayton airport, but its top 2 airlines less busy
DAYTON — Passenger boardings at Dayton International Airport are slightly ahead of last year’s totals, even though passenger traffic for the airport’s two busiest carriers is down from 2010.The airport’s boardings in May were 110,097, up 1 percent from 109,143 in the same month of 2010, airport management reported. For ...
New wine bar opens in the Oregon District
DAYTON — Deaf Monty’s Wine, a new wine bar and retail shop, has opened at 22 Brown St. in the Oregon Historic District.The wine bar is owned by Leslie and Jeff Gonya, who also own the Inn Port D’Vino bed-and-breakfast at the same address. Gonya said she and her husband ...
Cirrus Aircraft completes merger with Chinese aircraft manufacturer
DULUTH, Minn. — Cirrus Aircraft, a major manufacturer of airplanes for general aviation, said Tuesday it has completed a merger in which it has become part of China Aviation Industry General Aircraft Co. Ltd.Brent Wouters, president and chief executive officer of Cirrus, said he hopes the China company’s resources will ...
Local home permits dipped in May
Residential construction permits in the region fell 10.4 percent in May compared to the same period a year ago, the Home Builders Association of Dayton said.Last month, 120 permits were issued by local jurisdictions, versus 134 permits a year ago, the fourth consecutive month of decreases, the trade association reported.For ...
Dayton airport’s passenger traffic is up, but totals down for two busiest airlines
DAYTON — Passenger boardings at Dayton International Airport are slightly ahead of last year’s totals, even though passenger traffic for the airport’s two busiest carriers is down from 2010.The airport’s boardings in May were 110,097, up 1 percent from 109,143 in the same month of 2010, airport management reported. For ...
UD temperature monitoring technology goes to Moraine company
DAYTON — An advanced radio frequency identification technology tag that a University of Dayton researcher developed to monitor whether aircraft wiring was dangerously frayed is being licensed to a Moraine company to report whether perishable cargoes and railroad train wheels have reached unsafe temperatures.The university has licensed research chemist Bob ...
Stories for Monday, June 27
Jobs open at West Carrollton toolmaker as orders increase
WEST CARROLLTON — Toolmaker Dayton Progress Corp. has hired more people lately than it has in decades — about 100 in the past year — and plans to hire more as orders continue to climb. They’re up 75 percent so far this year, company officials said.“I’ve never see hiring like ...
Bids for Dayton airport building roof replacement due this Thursday
DAYTON — The city has given roofing companies an additional week to submit bids for replacement of a leaky roof atop the Dayton International Airport’s terminal building.Bids were originally to be submitted by last Thursday, but city officials extended the deadline until this Thursday after contractors said they needed more ...
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