Business Stories for July 2009
Stories for Friday, July 31
Local Speedway SuperAmerica receives top honors
Speedway SuperAmerica LLC, with headquarters in Enon, has been named the top gasoline brand in the 2009 EquiTrend Brand Study conducted by Harris Interactive.The annual online study measured 1,120 brands across 39 categories. Survey data is based upon categories including familiarity, quality, brand expectations and trust.Speedway operates approximately 1,600 company-owned ...
Stories for Thursday, July 30
More than 4,000 affected by Kroger's tentative pact with union
Kroger Co. has reached a tentative contract agreement with the United Food & Commercial Workers Union Local 75 in Monroe, the company said.The tentative agreement covers more than 4,000 Kroger employees who work in 30 stores in the Dayton area.UFCW 75 leaders will present the agreement to members during a ...
Beafore gets on board for SelectTech takeoff
When it comes to advanced manufacturing, Frank Beafore has been around the block more than once.Beafore, 58, has joined SelectTech GeoSpatial as executive director, responsible for overseeing the company’s Advanced Manufacturing Facility (AMF) at Springfield-Beckley Airport.Beafore, of Bellbrook, is perhaps best known locally as the vice president of operations for ...
Stories for Wednesday, July 29
Marine sells local Chrysler, Jeep franchises
SPRINGFIELD — Bill Marine has a long history with Chrysler, and this week he added what looks to be the final local chapter in that tale.The veteran car dealer, who bought his first auto franchise in 1960, ended a 32-year run with Chrysler in Springfield on Tuesday, July 28, with ...
Air fares reportedly down 9 percent in 2009
Average domestic air fares fell by 9 percent during the first three months of 2009 from the final three months of 2008, in the biggest quarter-to-quarter drop since the federal government began keeping such records.The national average of nearly $315 for first-quarter fares were down 6 percent from a year ...
Wyler finalizes deal to add Jeep, Chrysler
Springfield’s Chrysler and Jeep franchises are packing up and moving in with Dodge.The franchises will now be located at Jeff Wyler, 1501 Hillcrest Ave., according to Jeff Wyler, CEO of Cincinnati-based Jeff Wyler Automotive Family Inc. The Wyler dealership purchased the Chrysler and Jeep brands from Bill Marine Auto Center, ...
Mom2Mom presents Kid2Kid sale Saturday
Want to get some good, inexpensive children’s clothes and help local families? Then this is the sale for you.The Ginghamsburg Kid2Kid Sale will be held from 8 a.m. to 1 p.m. Saturday, Aug. 1, at The Avenue at Ginghamsburg Church, 6759 S. County Road 25A, in Tipp City.The sale, which ...
Cox Ohio offers voluntary plan for retirement-age employees
Cox Ohio Publishing offered a voluntary plan for retirement-eligible employees Wednesday, July 29.The plan is for employees who meet age and service requirements. Employees would not have to retire, rather they would have opportunity to resign and retain their retiree benefits, according to information from the company.Only a select group ...
IKEA lowers prices, adds items
WEST CHESTER TWP. — In a time when people are cutting back, IKEA also is making cuts — to prices.The Swedish home furnishings company rolled out its 2010 catalog featuring dozens of items that have been reduced in price from the 2009 edition. And there are hundreds of new items ...
Stories for Monday, July 27
Struggling homeowners target of pivotal meeting today
DAYTON — Government officials and community groups working to help homeowners threatened with foreclosure say a pivotal meeting today, July 28, in Washington, D.C., could stop mortgage company foot-dragging that’s nearly paralyzed their efforts.Ohio Attorney General Richard Cordray said the meeting between top U.S. Treasury officials and executives from mortgage ...
Stories for Sunday, July 26
LEGO fanatic turns hobby into business
Kyle Peterson’s new career started with the end of his “dark ages.”The dark ages, he explains, begin when a teenager doesn’t want friends to know that he still enjoys building with colorful construction blocks. At this point, the teen’s collection is hidden away in one or two hard plastic suitcases ...
Chick-fil-A president to speak at Cedarville
Dan Cathy, president and chief operating officer of Chick-fil-A, will speak at Cedarville University on Aug. 18. Cathy will talk about the role of leadership and the importance of a good name.The event will be at 12:30 p.m. in the Dixon Ministry Center, 251 N. Main St., on Cedarville’s campus.All ...
Investment firm wins award
Edward Jones, a financial services company with offices in Springfield, has been ranked highest in investor satisfaction with full service brokerage firms, according to the J.D. Power and Associates 2009 Full Service Investor Satisfaction Study.The company has received the award for four of the past five years. Local Edward Jones ...
Springfield Chamber to host golf tournament
The Greater Springfield Chamber of Commerce is hosting the 19th annual P. Dennis Sheehan Memorial Golf Open on Aug. 17 at the Springfield Country Club.Entry fees are $175 per player or $650 per foursome. Morning shotgun start begins at 8 a.m. The afternoon shotgun start, limited to 128 players, begins ...
Stories for Saturday, July 25
Park National second quarter net up 9.2 percent
Park National Corp., parent company of Security National Bank, announced results for the second quarter ending June 30 and declared third quarter cash dividend.Net income was $19.9 million, a 9.2 percent increase from the same period last year.Net income for the first half of 2009 was $39.8 million, a 3.3 ...
Guebert: Despite comical movie trailer, scandal wasn’t funny
With the summer already two-thirds over and the dog days of August about to seep in, I’ll bet you didn’t notice that ...About the time troubled New York lender CIT Group started coughing up blood two weeks ago, a trustee for one of its former clients, Meadowbrook Farms Cooperative, was ...
Stories for Thursday, July 23
Former DDN publisher now heads Atlanta newspaper
ATLANTA — Michael Joseph has been promoted to publisher of the Atlanta Journal-Constitution, Cox Media Group announced on Thursday, July 23.He takes over for Doug Franklin, who will continue in his role as executive vice president at Cox Media Group. Joseph will report to Franklin.Joseph joined the Atlanta newspaper in ...
Aerospace trade show organizers looking ahead to 2011
DAYTON — Organizers who revived an aerospace trade and technology exposition affiliated with the Dayton Air Show said they were encouraged by the attendance and corporate participation at the event last week.The organizers said they will soon meet to begin planning for the 2011 version of the United States Air, ...
Local crops slow to develop, but in good shape
Cool weather is slowing the development of Ohio’s corn and soybean crops, according to Ohio State University Extension.As of Sunday, July 19, 33 percent of the state’s corn crop had silked, or tasseled, compared to an average of 50 percent over the previous five years, according to the U.S. Department ...
Stories for Wednesday, July 22
Hobart Cabinet files for bankruptcy protection
DAYTON — Hobart Cabinet Co. has filed for Chapter 11 protection in federal bankruptcy court, according to a filing dated July 16.In its bankruptcy filing, the Troy company, 301 E. Water St., listed assets of $774,014 and $514,050 in liabilities, including $285,201 in unsecured nonpriority claims.Creditors with the largest claims ...
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