Business Stories for February 2012
Stories for Friday, February 24
Military to use technology to speed pace of air strikes
An arm of the Defense Department is prepared to spend up to $60 million on research that would allow military tactical air controllers to call in air strikes from piloted or unmanned aircraft to support U.S. and allied ground troops.The Defense Advanced Research Projects Agency last year awarded two contracts ...
West Carrollton interested in I-75 Appleton property, after job-cutting announcement
Hit with the unexpected loss of 330 workers and about $400,000 of annual income tax revenue, West Carrollton’s economic development director wants to talk with leaders of Appleton Papers Inc. about acquiring company property along Interstate 75. Appleton said Thursday it will shut down the paper-making operation at its plant ...
One Call Now acquires company, adds staff
DAYTON — Troy-based One Call Now, a message notification provider, has completed its ninth acquisition, bolstered its executive staff and added new sales and support jobs, the company said.The company acquired Telebroadcast Alert Inc., a broadcast messaging company for homeowner associations. Tom McDonald, the founder and CEO of Telebroadcast, joined ...
Air Canada renews deal with Teradata
DAYTON — Air Canada has purchased a new Teradata Data Warehouse appliance and renewed its managed services agreement with the data management firm, the companies announced Friday.“The decision to make the upgrade and move towards a more fully integrated data environment was based on Air Canada’s experience with its current ...
Corbus to move to other former Teradata building
DAYTON — Corbus LLC, an information technology services firm, is moving its corporate headquarters to the former Teradata building at 2835 Miami Village Drive, Miami Twp.Corbus said in a news release it is moving from downtown Dayton to the new site to better serve its customers and employees “in the ...
Standard Register reports loss of $95M in 4Q
DAYTON — Standard Register Co. lost nearly $95.5 million for the final quarter of 2011 and nearly $87.7 million for the entire year, a loss of $3.28 and $3.02 per diluted share, respectively. By comparison, in the final quarter of 2010, the 100-year-old Dayton-based company reported net income of nearly ...
Stories for Thursday, February 23
City approves Huffy incentive deal
CENTERVILLE — The City of Centerville has given preliminary approval to extending an economic development grant to the Huffy Corp. for five more years.The original agreement dates to 2007, when Huffy relocated its 85-member work force from Miamisburg to an existing building at 6551 Centerville Business Parkway. It stipulated that ...
Lower union membership in state bucks trend
Union membership in Ohio fell again last year, bucking a national trend and marking at least the 10th consecutive year of declines for organized labor in the state, according to federal labor data.In addition to fewer residents being members of unions, union membership continues to account for a dwindling portion ...
Lockheed Martin gets $66M in Air Force contracts
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force has awarded Lockheed Martin Corp. two contracts, valued at a combined $66 million, to provide a C-130 transport plane for Israel and spare parts for similar aircraft at Moody Air Force Base, Ga.The Aeronautical Systems Center at Wright-Patterson Air Force Base awarded ...
Stories for Wednesday, February 22
NASA funding local research, helping create jobs
BEAVERCREEK TWP., Greene County — NASA officials on Wednesday promoted how government can partner with small business to help create jobs through science and technology by visiting a local company that has received nearly $5 million in contracts with the space agency.Cornerstone Research Group has received 18 Small Business Innovation ...
Council to grow intern positions available for students
DAYTON – The Southwestern Ohio Council for Higher Education will launch a new initiative in March to increase the number of internships available to local college students as a way to develop and retain a talented work force.The “20 by 20 Challenge” initiative will kick off with an internship job ...
Bill clears path for $310M AK project
An Ohio Senate bill would help a Middletown steelmaker harness energy from its plant by expanding the legal definition of “renewable energy resource.”Senate Bill 289 would allow AK Steel Corp. and Air Products and Chemicals Inc. to build a $310 million facility to capture waste gas vented from an AK ...
Kodak to lay off 66 by April 19
Eastman Kodak Co. will lay off 66 employees by April 19, the company has told Ohio government.A letter dated Monday sent to Ohio’s Department of Job & Family Services outlines what will be permanent layoffs, with more to come.“Over the next few weeks, smaller layoffs are expected from other departments ...
Great Wolf Resorts reports narrower loss
MADISON, Wis. — Great Wolf Resorts Inc. which operates a water park resort in Mason, on Wednesday reported a $14 million net loss for the quarter ended Dec. 31, an improvement from the $29 million net loss from a year ago.The improvement stemmed from higher overall revenues, better expense management ...
DP&L ranks below average for business customer satisfaction
Dayton Power and Light Co. ranks below average for business customer satisfaction among mid-size Midwestern electric utility companies, according to a recent survey by J.D. Power and Associates.DP&L, which serves about 500,000 customers in western Ohio, scored 646 points out of 1,000 in the survey of commercial electricity consumers, J.D. ...
CareSource receives training award
DAYTON — Training magazine has ranked Dayton-based CareSource as 14th among the magazine’s top 125 companies that excel at staff development and training. It’s the third consecutive year CareSource has received the recognition. The past two years, CareSource has ranked in the top 15.CareSource, a public-sector managed care company, was ...
Stories for Tuesday, February 21
WSU researcher creates ‘nano brushes’ that remove contaminants from water
FAIRBORN — A Wright State University researcher believes she may have found a tiny solution to an increasingly big problem.With the help of students and colleagues, Sharmila Mukhopadhyay, director of Wright State’s Center for Nano-Scale Multifunctional Materials, has developed what the university calls “near molecular-sized nano brushes.”The brushes are structures ...
Dayton among nation leaders in best emergency care, report says
DAYTON — Several hospitals in the Dayton and Cincinnati areas offer some of the best emergency care in the nation, according to HealthGrades, a company that publishes health ratings online.Dayton and Cincinnati are two of the top 10 cities nationwide for the lowest mortality rates for patients admitted through the ...
Teradata signs deal with Hortonworks
Teradata, a local analytic data services company, has signed a partnership agreement with Hortonworks, producer of Hadoop software.Teradata and Hortonworks will work together to help businesses use data and learn more about their customers habits.Teradata, with about 450 local employees, specializes in helping customers store and find data. Web sites ...
Macy’s reports earnings increases for 2011
CINCINNATI — Brisk sales in the 2011 holiday season helped push up earnings and sales for Macy’s Inc., the retailer reported on Tuesday.The company’s approximately 840 stores nationwide include Macy’s stores at the Dayton Mall and the Mall at Fairfield Commons.Earnings for the fourth quarter ended on Jan. 28 were ...
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