Business Stories for December 2011
Stories for Sunday, December 25
Local UAV manufacturer partners with firms
DAYTON — UA Vision LLC, a manufacturer of unmanned aerial vehicles, is teaming with other companies to showcase its UAVs, equipped with cameras and radio-frequency identification tags, for potential government and commercial customers around the country.The three-employee company, which builds UAVs weighing between 4 and 50 pounds in a shop ...
Stories for Saturday, December 24
Local UAV research may create jobs
FAIRBORN — A Wright State University professor’s project involving a new approach to monitoring the brain activity of unmanned aerial vehicle operators may mean big business for the Dayton region, according to local officials.Dr. Ping He’s work – which began in December 2010 and is expected to run through December ...
Flavor industry enjoying big boom in region
The Cincinnati region is seeing its part of the billion-dollar flavor industry expand through investment and acquisition.Greater Cincinnati, including Butler and Warren counties, is one of the leading hubs for flavor companies in the U.S., said Bob Bauer, executive director of National Association of Flavors and Food-Ingredient Systems.Flavor and fragrance ...
Airports challenged to retain flights as carriers cut back
DAYTON — This year, Dayton International Airport lost its Air Canada nonstop service to Toronto, but gained the promise of new direct flight service in 2012 on Delta Air Lines to New York City and on AirTran Airways to Denver.That type of air service give-and-take is likely to continue in ...
Tips for redeeming a rebate offer
Rebate offers are an attractive sales tactic used by companies to entice customers into purchasing full-priced items now, with the intention they will receive a portion of the purchase price back in the future. However, Consumer Reports estimates 40 percent or more of people never collect their rebates, which is ...
Stories for Friday, December 23
Kia emerges as fastest-growing car brand in area
Despite a somewhat-tumultous year for car sales, Kia has emerged as the fastest-growing car brand in the Dayton area.New and used Kia sales in Dayton jumped almost 47 percent — to 2,627 units the first 11 months of 2011 from 1,790 at the same time last year, according to Ohio ...
White-Allen parent company acquires dealership
DAYTON — The parent company of White-Allen European Auto Group, the Dayton-based auto dealer group, has acquired the Integrity Ford and Lincoln dealership in Spearfish, S.D.Terms of the acquisition by White Family of Automobile Dealerships were not disclosed. Integrity Ford and Lincoln will be renamed White’s Canyon Motors.It was the ...
Moraine DMAX plant lays off several employees
MORAINE — The DMAX Ltd. truck engine plant laid off several employees from its personnel department this month in a work force reduction, according to General Motors Corp., a partner in the joint venture that operates the factory.“We did reduce the size of our on-site personnel department, to better align ...
Air Force awards $202 million engine contract to Pratt & Whitney
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force awarded a $202 million contract to aircraft engine maker Pratt & Whitney for support of the service’s F119-PW-100 engines.Those engines power the Air Force’s F-22 Raptor stealth fighter, driving it to supersonic speeds.The contract awarded by the F-22 program office at Wright-Patterson ...
Vectren pledges $75,000 toward new Air Force Museum building
WRIGHT-PATTERSON AIR FORCE BASE — Vectren Energy Delivery of Ohio has pledged a total of $75,000 over three years toward the National Museum of the U.S. Air Force’s planned fourth building, which will house presidential aircraft and space program memorabilia.The Air Force Museum Foundation, a nonprofit organization that raises money ...
Stories for Thursday, December 22
Investment adviser to address Dayton audience on Jan. 4
DAYTON — Jason A. Voss, who was able to retire at age 35 after a career in wealth management counseling, will address an audience of investment advisers in Dayton next month.Voss, who worked for the Davis Selected Advisers firm, is the featured speaker for a Jan. 4 luncheon meeting of ...
University of Dayton’s executive development program resumes Jan. 25
DAYTON — The University of Dayton’s business leadership training program for 2012 begins on Jan. 25 with sessions on topics including mentor training, employee performance development and strategic business development.The Center for Leadership and Executive Development’s Emerging Leader program includes 20 sessions throughout the year. All sessions will be at ...
Stories for Wednesday, December 21
Local home sales up 12 percent from year ago
Home sales in the Dayton area in November were more than 12 percent higher than the same month a year ago, marking the fifth consecutive month of improvement from 2010.A stabilizing economy, the creation of more jobs, low interest rates and an increase in home rental prices have contributed to ...
Low-cost financing helps firms save energy
COLUMBUS — The Ohio Department of Development recently launched an energy loan fund, which provides low-cost financing for energy-saving projects to manufacturers, small businesses, public entities and nonprofits.The program will make use of more than $7 million in state funding through the Advanced Energy Fund, as well as federal funds ...
Stories for Tuesday, December 20
Woolpert voices concerns about network’s effect on GPS
BEAVERCREEK — Woolpert Inc. has added its voice to those concerned that a Virginia company’s plan for a nationwide high-speed wireless network would interfere with GPS technology critical to military and commercial communications.Woolpert, an aerial mapping and engineering design company based in Beavercreek, said it is concerned that operation of ...
Local jobless rates drop to '08 levels
COLUMBUS – Unemployment rates for both Dayton and Montgomery County dropped sharply in November to levels not seen since the end of 2008, the Ohio Department of Job and Family Services reported Tuesday.The news was the same for the Dayton metro area, which includes Montgomery, Greene and Preble counties.For Dayton, ...
Faster disease detection saves hospital $3.7M
KETTERING — Kettering Medical Center said it has saved $3.7 million through a partnership with an infectious disease diagnostic company aimed at improving patient care and more rapid diagnoses.The hospital said the savings have resulted from reductions in infection rates, decreased days that patients have had to be kept in ...
Stories for Monday, December 19
L-3 Communications receives Air Force contract
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force has awarded a multi-year contract potentially worth $469.5 million to L-3 Communications to support the Air Force’s F-16 pilot training system.The contract with L-3 Communications’ Link Simulation & Training division is for one year to provide pilot and maintenance training devices support. ...
Videos promote Preble County as business location
EATON — Preble County is featuring local corporate leaders in a video campaign to promote the western Ohio county as a desirable business location.The Preble County Development Partnership, an alliance of county and business leaders and the local Chamber of Commerce, has produced a series of promotional video testimonials by ...
Business exporting program is Jan. 19 in West Chester
WEST CHESTER — Corporate executives looking for tips on how to increase their export business are invited to a Miami Valley International Trade Association workshop on Jan. 19.The program, titled “The Exporter’s Toolkit,” is scheduled from 9:30 to 11:30 a.m. at the Wingate Inn in West Chester. It is intended ...
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