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Business Stories for January 2011

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Stories for Monday, January 31

Procter & Gamble close office, two plants in Egypt

CINCINNATI — Consumer products maker Procter & Gamble Co. has closed its two plants and a general office in Egypt because of the political turmoil there.Spokeswoman Robyn Schroeder says in Cincinnati that the company closed general offices in Cairo last Wednesday, telling employees to work from home, then closed the ...

Stories for Saturday, January 29

Young's, Schuler's hope new deal is just the beginning

Abandon all hope, ye who have kept New Year’s resolutions for almost a month.Beginning Friday, two creators of area delights will join forces to tempt local palates.Young’s Jersey Dairy and Schuler’s Bakery will take the first steps in a joint marketing venture that both area businesses hope will be the ...

Thrift stores' secret: December tax-deduction donations yield January deals

Is there a better time to shop at a thrift store?December, late spring and the early fall are the times when people tend to donate more. But Springfield thrift shoppers and store operators say the selection is consistent throughout the year.“It seems like this store is pretty full all the ...

Seeking nominations: Who has built a second career?

Working careers are lengthening and expectations for many workers are lowering that they will want, or even be able to, retire someday.This trend has been hitting the American workforce for years. But the trick for many workers is not if they’ll have longer working careers, but how to make them ...

Springfield native named a VP at Longaberger

The Longaberger Company of Newark has named Michael C. Trempe vice president of operations.Trempe, a Springfield native, is the son of Michael and Maxine Trempe.He is a graduate of Graham High School and received his bachelor’s degree in business from St. Francis University of Pennsylvania. He joined the company in ...

Learn how to start a company

The Small Business Development Center of Springfield, 300 E. Auburn Ave., will present a workshop about small business startups from 9 a.m. to 12:30 p.m., Friday, Feb. 4.Topics include: basics of record keeping, licenses, registrations, taxes, capital and starting a business versus buying a business.To register, call (937) 322-7821.

Low auto loan rates driving business for banks

Interest rates for auto loans have continued to drop, especially for luxury buyers, observers say.In December, the average auto loan carried an APR of 4.16 percent, according to Edmunds.com. This marked a 0.33 percent decline from November and a drop of 0.55 percent from December 2009, the website said.An estimated ...

Stories for Sunday, January 23

Warder, Bushnell & Glessner was part of the city's manufacturing muscle in 1884, as evidenced by this drawing in "History of the Manufactories of Springfield, Ohio."

Pages from past reveal the city’s early glory

Three years later, the city’s sense of confidence would be shaken. Labor trouble would arrive, and the Champion Reaper Company, the linchpin to the city’s largest manufacturer enterprise, would go bankrupt overnight.But in 1884, the voice that booms through the publication “History of the Manufactories of Springfield, Ohio,” published by ...

Stories for Wednesday, January 19

Wright-Patt AFB crews to begin training on C-17 aircraft

WRIGHT-PATTERSON AIR FORCE BASE — Members of the 445th Airlift Wing will begin training Thursday on a C-17 transport plane, to prepare for Wright-Patterson’s gradual transition to C-17s to replace the older C-5 Galaxy aircraft.The C-17 to be used Thursday is on loan from Joint Base Charleston, S.C., said Lt. ...

Stories for Tuesday, January 18

Urbana man to serve as regional business trustee

An Urbana business owner could bring some new attention to the Champaign County business community after he was named to serve on the Dayton Development Coalition.Kyle Hall, president of the Hall Company, will serve a two-year term as a member of the board of trustees for the coalition. The Dayton ...

Stories for Saturday, January 15

Base engineer formed contracting company before retirement

WRIGHT-PATTERSON AIR FORCE BASE — While still a civil engineering employee at Wright-Patterson Air Force Base, David N. Price formed his own outside company to pursue contract work for the federal government.He apparently didn’t tell his supervisors. Base civil engineering officials told the Dayton Daily News that Price never informed ...

Stories for Tuesday, January 11

Beavercreek company says acquisition is complete

Robbins & Myers, Inc. and T-3 Energy Services, Inc. announced late Monday that a merger of T-3 into a wholly-owned subsidiary of Robbins & Myers is complete.“We are pleased that the merger is complete and have been working diligently toward the successful integration of T-3 within our Fluid Management Group,” ...

Stories for Monday, January 10

Martin closes remaining Thrifty dealerships

Martin Automotive Group has closed its Thrifty Car Sales locations in Miami Twp. and New Carlisle, a few months after closing another Thrifty location in Centerville.Chad Martin, president of Bowling Green, Ky.-based Martin Automotive, said Monday the company’s remaining area stores — Kia of Dayton, Subaru of Dayton and Fairfield ...

Stories for Saturday, January 8

Local company stocks ended 2010 on the rise

The weak dollar, pent up demand for vehicles and a new four-year labor contract likely helped Navistar stocks end the 4th quarter with double digit gains as it and several other locally-owned companies enjoyed a strong end to 2010.A number of local companies saw double-digit percentage increases in the price ...

Lake Avenue Retirement Village to open

Lake Avenue Retirement Village, 1218 W. Lake Ave., will celebrate its grand opening at 1:30 p.m. Friday.The 33-apartment complex is located at the corner of Scarff Road and West Lake Avenue. It is open to senior citizens ages 55 and older who earn up to 60 percent of the area ...

Weight-loss gimmicks may be hard on your health and wallet

Losing weight ranks as one of the top New Year’s resolutions and many people will be looking for fast, easy fixes to shed pounds. Television or magazine ads promote revolutionary diet pills, miracle patches or magic potions. Many of these products guarantee quick and easy weight loss with little or ...

Stories for Wednesday, January 5

Allcare Dental says it is transferring patient records

Allcare Dental & Dentures, the national dental care chain that abruptly closed without notifying customers, on Wednesday reported “positive developments” in Ohio and other states. On allcareinfo.com, Allcare said former patients in Boardman in northeast Ohio have had their dental records transferred to other local dental practices. The company also ...

Stories for Tuesday, January 4

State corn, wheat associations merge

The Ohio Corn Growers Association and Ohio Wheat Growers Association have merged to form a single organization, effective Jan. 1.The Ohio Corn & Wheat Growers Association will represent growers of both crops in the areas of energy, livestock, trade, environment, transportation issues and relief programs, as well as research and ...

Stories for Saturday, January 1

Mershon’s marks 30 years

SPRINGFIELD — The first time Dan Mershon owned a Corvette was nearly his last time.A high school student at the time, Mershon immediately wrecked the car, and his parents told him to find something more sensible to drive.“So I traded for a Volkswagen,” the owner of Mershon’s World of Cars ...

Be a smarter consumer to fight identity theft and save money

As you begin 2011, your Better Business Bureau encourages you to resolve to be a smarter consumer. It can help you fight scams, prevent identity theft and save money.One of the most important things you can do this year and every year is to start with trust. Contact your BBB ...

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