Business Stories for May 2012
Stories for Thursday, May 31
Aerospace firm's licensing event to be in Dayton
Aerospace firm EADS has chosen Dayton for its first technology licensing event, the company said.The two-day event will begin at 8:30 a.m. Monday at the Wright Brothers Institute, 5000 Springfield St., Suite 100.“We are searching for companies that want to work with us to apply these technologies to their projects, ...
Jobless claims backlog cleared
The Ohio Unemployment Compensation Review Commission, which handles appeals of jobless claims, says it has eliminated a backlog of more than 12,000 cases that had resulted in waits of up to four months for cases to be heard and adjudicated.The commission’s case load is now just over 2,300, and wait ...
Defense contractor big on small technology
A local military contractor is touting a new technology.Projects Unlimited, Inc., a Vandalia-based producer of aviation electronics for the defense industry, said Thursday it has the capability to implement very small electronic components — the size of .01005 mm.This capability is “crucial” at a time when military and aerospace platforms ...
Foreclosures 20 percent of Dayton home sales
DAYTON — One out of every five homes sold in the metro region in the first quarter were in some stage of foreclosure or bank-owned, RealtyTrac said Thursday. The foreclosure sales report from RealtyTrac said 460 residential third-party sales occurred in the Dayton area during the first part of the ...
Beavercreek company awarded $42 million Air Force contract
WRIGHT-PATTERSON AIR FORCE BASE — The Air Force awarded Beavercreek defense contractor UES Inc. a seven-year contract to handle research, development and reporting for the Air Force Research Laboratory.The contract is worth up to $42.2 million, the Defense Department reported. The work is to be done at Wright-Patterson Air Force ...
Stories for Wednesday, May 30
CEO named at Good Samaritan Hospital
Premier Health Partners has changed its leadership lineup. Beginning next month, Mark Shaker, now CEO of Good Samaritan Hospital, will become senior vice president of service integration for the health system, which operates four hospitals in the region. In his new role, Shaker will work with physician, hospital and network ...
Dayton Children’s to open testing facility
Sugarcreek Twp., Greene County — Children’s Medical Center of Dayton plans to open a testing center this fall in the former site of Curves fitness center in Sugarcreek Plaza, Kelly Kavanaugh, marketing and communications director said. The facility at 6116 Wilmington Pike in Sugarcreek Plaza will offer radiology, electrocardiogram, laboratory ...
Kettering Tower gets new management
The new owner of Kettering Tower says he has hired commercial real estate firm CBRE to manage the building, downtown Dayton’s tallest.Albert Macanian, president of Plainview, N.Y.-based Dunkirk Realty, completed his purchase on the tower at Second and Main streets last week through his investment group, Tower Partners LLC. Real ...
Developer plans townhomes near hospital, fairgrounds
Homebuilder Charles Simms expects to break ground next week for a residential development near Miami Valley Hospital, Simms said Wednesday.The project will be seven townhomes for sale near Frank and Rubicon Streets, just south of the hospital and east of the Montgomery County fairgrounds. The floorplan and price range of ...
Hobart to relocate Main Street operations in Troy
TROY — Hobart Brothers said Wednesday it will begin relocating its Main Street operations in Troy, where the company manufacturers solid wire and welding equipment, in August.The solid wire operations will move to 1177 Trade Road East into the building that currently houses Hobart Ground Power. Hobart Ground Power is ...
Sugarcreek Twp. getting Children's Medical clinic
SUGARCREEK TWP., Greene County – The Children’s Medical Center of Dayton plans to open a 2,830-square-foot clinic in the former site of Curves, according to planning documents submitted to the township. Director of Marketing and Communications Kellly Kavanaugh says the facility will used to conduct tests. The facility at 6116 ...
Premier Health Partners makes leadership changes
Premier Health Partners on Wednesday announced two organizational changes it said are designed to better align the health network’s leadership with key initiatives.Mark Shaker, currently CEO of Good Samaritan Hospital, has been named senior vice president of service integration for the health system. He will work with physician, hospital and ...
Kettering Tower to have new manager
The new owner of Kettering Tower says he has hired commercial real estate firm CBRE to manage the building, downtown Dayton’s tallest.Albert Macanian, president of Plainview, N.Y.-based Dunkirk Realty, closed his purchase on the tower at Second and Main streets last week through his investment group, Tower Partners LLC. Real ...
Macy’s reports rise in May sales
CINCINNATI — Macy’s Inc. on Wednesday reported total sales of $2.015 billion for the four weeks ended May 26, an increase of 4.1 percent compared with total sales of $1.936 billion in the four weeks ended May 28, 2011. On a same-store basis, Macy’s, Inc. sales were up 4.2 percent ...
REX reports progress in ethanol plant resources
REX American Resources on Wednesday reported first-quarter revenue rose to $151 million as the company continued to build its ethanol plant resources.The former appliance retailer turned ethanol plant operator and investor said gross profit from consolidated alternative energy operations rose 15.3 percent to $5.5 million in the first quarter of ...
Teradata company Aprimo designated a market ‘leader’
Aprimo, a Teradata company that specializes in cloud-based integrated marketing automation software, has been identified as a leader in campaign management by Gartner, an industry analyst firm.Gartner’s Magic Quadrant for Multi-Channel Campaign Management (MCCM) report evaluated vendors on their “ability to execute” and “completeness of vision.”According to Gartner, MCCM leaders ...
Pending home sales rise again
Pending sales of single-family homes and condominiums in April rose for the 12th consecutive month when compared with last year, the Ohio Association of Realtors reported Wednesday.Ohio’s April Pending Home Sales Index of 118.6, a forward-looking indicator based on contract signings, rose 22.7 percent from the April 2011 index of ...
Most small business owners say U.S. economy is in recession, survey says
Small business owners’ view of the economy may have improved in 2012, but 71 percent still believe the United States economy is in a recession, according to results of the 2012 U.S. Bank Small Business Annual Survey released Wednesday.The survey found more small business owners consider the financial health of ...
Stories for Tuesday, May 29
Three new stores opening at The Greene
BEAVERCREEK — The Greene is adding three new tenants with another half-dozen or so to come, according to Kelli Kooken, the development’s marketing director.The additions to The Greene’s roster of stores include:• Kilwins, a candy shop that offers chocolates, fudge, and ice cream, which will open this summer on Holly ...
Grill near Fraze closes after judge’s ruling
A U.S. Bankruptcy Court judge has ruled against Pavilion Grille owner Fred McGhee’s effort to block his landlord from seizing the restaurant just weeks before the potentially lucrative Fraze Pavilion concert season starts. “We are closed,” McGhee said of the Pavilion Grille, 580 Lincoln Park Blvd., adjacent to the Fraze ...
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