Latest from Thomas Gnau
Busy Beavercreek Shopping Center is on the market
A New York real estate firm is marketing the busy Beavercreek Shopping Center at 2500 N. Fairfield Ave.Manhattan-based commercial real estate services firm Cohen Real Estate said it is marketing Beavercreek Shopping Center, a 280,000-square-foot retail property near the 1.1-million-square-foot Fairfield Mall.The shopping center is anchored by several national retailers ...
AES Energy Storage plans $20M local investment
A subsidiary to the parent company of DPL Inc. is making an approximately $20 million investment in the Dayton area, building a battery array at a local generating station to stabilize power service to the region and beyond. AES Energy Storage, a subsidiary of AES Corp., said Tuesday that it ...
Report: Ohio a manufacturing ‘powerhouse’, but needs to focus on workforce
Ohio continues to be a crucial manufacturing and logistics state, according to a new report from an Indiana university. Ball State University’s 2013 Manufacturing and Logistics Report Card, an analysis from Ball State’s Center for Business and Economic Research, grades all 50 states on factors that impact manufacturing and logistics ...
$65 million in bonds approved for racino
Dayton-Montgomery County Port Authority directors voted Monday to advance two crucial Dayton-area construction projects. The port authority’s board of directors voted unanimously to authorize the issuance of not more than $65 million in capital lease revenue bonds to finance the construction of a harness horse racing track — also called ...
Port trustees vote to advance racino, student housing projects
Dayton-Montgomery County Port Authority trustees voted to advance two crucial Dayton-area construction projects Monday. The port authority’s board of trustees voted unanimously to authorize the issuance of not more than $65 million in bonds to finance the construction of a horse race track — also called a “racino” — at ...
Report: Ohio is a manufacturing ‘powerhouse’
Ohio continues to be a crucial manufacturing state, according to a new report from an Indiana university.Ball State University’s 2013 Manufacturing and Logistics Report Card, an analysis from Ball State’s Center for Business and Economic Research, grades all 50 states on factors that impact manufacturing and logistics performance.According to a ...
Local engine manufacturer marks testing milestone
A West Chester Twp.-based aircraft engine manufacturer is hailing the completion of a testing milestone.CFM International said it has successfully completing testing of the third build of its advanced eCore demonstrator program, validating improved fuel efficiency compared to the current CFM56 engines.The first full next-generation LEAP-1A engine is currently in ...
Area company makes additions to drive growth
Angstron Materials Inc. has made two key additions in recent months — adding a low-humidity production room and an experienced executive in nano-materials production. Leaders of the Dayton company that produces materials nano-graphene platelets for the battery industry say they’re poised for the next steps. “David boasts the technical and ...
After four years, Delphi retirees get unexpected annuity payments
Delphi salaried retirees are seeing retirement payments from the Pension Benefit Guaranty Corp. change in an unexpected way.On June 1, some salaried retirees began receiving two pension payments a month instead of one. A second payment is coming from Prudential Insurance Co. of America, based on an annuity General Motors ...
Miami Twp. leaders hope to renew mall area
Miami Twp. leaders want to renew their commercial core at a time when “lifestyle developments” — sites that unite retail, residential and office uses — are increasingly visible. The 1.4-million-square-foot Dayton Mall was first built in the late 1960s and opened in 1970. Much has changed since then, said Chris ...
Developer ready to start environmental work at Valley Street site
Vacant industrial land near Children’s Medical Center of Dayton could be transformed into space for retail stores or medical offices following an environmental study of the land, a redevelopment company official said Tuesday. The Ohio Controlling Board Monday approved just over $195,000 in Clean Ohio Assistance Fund money to investigate ...
Clean Ohio funds go to Valley Street property
Possible uses for former industrial property on Valley Street could be retail or medical offices, according to Michael Heitz, a principal with redevelopment firm Garrett Day LLC.The Ohio Controlling Board approved $200,000 Monday in Clean Ohio Assistance Fund money to investigate the environmental state of property at 1030 Valley in ...
Subpoenas coming in Delphi dispute
The chairman of an investigatory U.S. House panel promised Monday to subpoena whomever he must to find out why pensions of Delphi salaried retirees were relinquished and cut while pensions of other auto industry retirees were kept whole. “We’ll haul in those who haven’t been hauled in,” U.S. Rep. John ...
Summer breaks are still on
The traditional summer shutdown for area auto suppliers appears to have as much staying power as baseball and barbecue, even as companies elsewhere say demand is so strong they must keep operating. Officials for area auto plants and suppliers say they’re sticking with breaks around July 4 that have long ...
Center has strong ties with Airbus
The National Composites Center’s relationship with commercial jet manufacturer Airbus runs deep. The not-for-profit center recently secured a $500,000 line of credit through the Dayton-Montgomery County Port Authority to help the center make the most of its work with European commercial jet manufacturer Airbus. NCC has two active agreements with ...
Dayton woman CEO making strides
You won’t find Anita Emoff sitting still for long, business colleagues say. The company Anita Emoff leads, Boost Technologies LLC, certainly hasn’t stayed still on a list of the top 50 fastest-growing women-owned or led companies in America. Boost Technologies, doing business as Boost Rewards, is the seventh-fastest growing woman-led ...
Hearing set on Delphi retirees
A U.S. House committee is returning to Dayton for a congressional field hearing Monday on how the pensions of Delphi salaried retirees were treated. The House Oversight & Government Reform Subcommittee on Government Operations will hold the hearing at Sinclair Community College, Turner’s office said Thursday. The hearing is titled: ...
House to hold hearing in Dayton on Delphi retirees
A U.S. House committee is planning a field hearing in Dayton Monday on how the pensions of Delphi salaried retirees were treated.The House Oversight & Government Reform Subcommittee on Government Operations will hold a field hearing at Sinclair Community College, Turner’s office said Thursday. The hearing will be titled “The ...
LJB Inc. names new CEO
LJB Inc., a Miami Twp.-based engineering firm, has named a new chief executive. Shareholders of privately held LJB selected Rod Sommer, a 13-year member of the firm, as CEO. He succeeds Mark Thompson, who left the company to become a business advisor with Aileron, the entrepreneurship and private business training ...
Peppel sentenced to two years
A federal judge on Tuesday resentenced Michael Peppel, the former local chief executive convicted of money laundering and fraud, to two years in prison. The sentence issued Tuesday by U.S. District Judge Sandra Beckwith represented a sharp increase in time behind bars for Peppel, the 46-year-old former CEO of the ...
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