Rieck Services, a full-service commercial mechanical contractor located at 5245 Wadsworth Road, will undergo new ownership after four generations with the Rieck family.
The company, which has more than 200 employees, provides maintenance and construction services in the areas of heating, air conditioning, ventilation, sheet metal fabrication, temperature controls and energy solutions.
CEO Doug Mayse and other members of the board of directors — Doug Walker, Michael F. Stemen and Steven Fabrigar — will purchase the shares from Rieck and Vice President Larry Cottle.
“For more than 120 years, the Rieck family has led the business, beginning with Harold’s great-grandfather Herman F. Rieck,” Mayse said. “Harold is the fourth generation of the Rieck family to lead the business and he will continue to serve as a consultant to the board of directors.”
Delco building under construction
The former Delco building next to Fifth Third Field and the home of the Dayton Dragons is transforming. It’s a small step, but the developers of the building are tearing the old windows out of the building that were hidden behind barricades for many years.
Crawford Hoying Development Partners plans to spend about $23.7 million to transform the 214,000-square-foot Delco building where Charles Kettering built his thriving engine-starter company into about 129 loft-style apartments.
The historical 1912 building was most recently used as storage space by Mendelson’s. At one time, the building was part of four Delco Product buildings in the downtown area that in 1949 had around 9,000 employees.
The upper floors will be one- and two-bedroom apartments, with 12- to 14-foot ceilings and big windows, developers have told us.
The basement and ground floor will provide parking and a 5,000-square-foot commercial space. Other planned amenities include a workout facility and storage area. Apartment windows will provide views outside or of the inner courtyard. Some apartments will overlook Fifth Third Field.
Jason Woodard, the owner of Woodard Real Estate Resources and partner in the development, told me work on removing the windows will be finished by the start of next year’s baseball season. Woodard said they will board the windows back up until after the season and continue work inside.
Low-cost airliner coming
If you were on a flight out of town last week, you might have missed the good news that the Dayton airport will have a low-cost carrier next year.
Dayton airport officials are pumped about the the announcement that Allegiant Air will start with nonstop service from here to Orlando and to Tampa/St. Petersburg, Florida.
That’s attractive news for people considering going to Disney World on spring break.
The flights to Orlando begin April 14 and the flights to Tampa begin April 15. I’ve flown on a flight with Allegiant from the Cincinnati airport. They do offer cheap flights, but make sure you check out the price they are charging you before you book your flight.
To keep ticket prices low, flights don’t include on-board entertainment or frequent-flier promotions and they charge extra for baggage.
Dayton aviation director told us the new airliner could save the region millions of dollars of airfare costs because it’s going to create a more competitive environment. That, coupled with low gas prices, could help passengers save on ticket prices next year.
Rich Gillette is the Dayton Daily News business editor. Contact him at (937) 225-0623 or rich.gillette@coxinc.com. Follow him on Twitter @richgillette.
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