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West Chester Hospital has early plans to add tower
Cincinnati hospital network UC Health is eyeing future expansion at Butler County’s West Chester Hospital for construction of an estimated $135 million tower.UC Health has always planned since building West Chester Hospital to eventually construct a second building tower, system officials said. And now hospital officials say they are talking ...
Butler County unemployment down to 6.1%
Butler County’s unemployment rate continued to drop in April to 6.1 percent, down from 7.2 percent a year ago this time.Ohio Department of Job and Family Services reported new estimates Tuesday of metropolitan, county and city unemployment rates for April. The updated local figures follow last Friday’s newly released estimates ...
Credit union unveils new video tellers
Wright-Patt Credit Union Inc. unveiled new automated teller machine technology Tuesday at a new branch office in Springboro. The machines let users video conference from inside the lobby or the drive-through with remote tellers. The tellers actually sit in offices near the Dayton Mall, said Doug Fecher, credit union president ...
Hospice of Dayton eyes main campus expansion
Hospice of Dayton is expanding, opening satellite offices and acquiring a strip mall adjacent to its main Dayton campus over the last two years. Hospice of Dayton’s main 18.5 acre campus is at 324 Wilmington Ave. The organization offers inpatient and in-home services, including hospice, assisted living and extended care ...
Nonprofit eyes downtown for headquarters move
Community First Solutions is considering moving its headquarters from its current Eaton Avenue location next to Fort Hamilton Hospital, to downtown Hamilton in the former Ringel’s Furniture building.The move will fill vacant space, supporting the city’s urban revitalization efforts in a key business district.Community First, a group of nonprofits offering ...
AK Steel back in coal mining business
AK Steel Holding Corp. could start mining coal next month, another significant step forward in the steelmaker's efforts to become more self-sufficient for raw materials to lower supply costs.Spikes and volatility in the cost of key raw materials such as iron ore, coke and coal have in recent years have ...
Cincinnati Financial’s “winning” strategy
Cincinnati Financial Corp. CEO Steven Johnston recently gave an interview to the Hamilton JournalNews/Middletown Journal while he was in town for the company’s annual meeting.Ohio native Johnston was named in 2011 president and chief executive officer of Fairfield’s Cincinnati Financial, a holding company for five insurance subsidiaries that offer business, ...
Steel industry improving, but challenges remain
Steel company executives say the industry is improving, but significant headwinds including unfair trade practices and slow economic growth threaten to stand in the way. Trade group American Iron and Steel Institute held a state-of-the-steel industry briefing with reporters Thursday, coinciding with the group's annual meeting. Key takeaways from the ...
Home prices forecast to grow, but won’t repeat 2012 levels
Home prices spiked in 2012 throughout most of the region, and experts expect the gains to continue through the remainder of this year, albeit at a slower rate, according to a report released Thursday. National real estate data firm CoreLogic, which closely watches housing markets, confirmed Thursday that 2012 was ...
Small increase in home prices expected this year
Home prices are continuing to rise. But don’t expect to see the same big rise in prices this year that we saw in 2012, a new report out Thursday says.Home sales prices took a big step out of a deep hole in 2012 to increase 7.3 percent across the U.S. ...
Major health network restructuring
Catholic Health Partners, Ohio’s sixth largest employer, said it is restructuring as the health industry transforms from a fee-for-service system to one that pays providers based on quality of care delivered. The Cincinnati-based nonprofit health care group operating hospitals, nursing homes, home health agencies and physician practices employs about 33,000 ...
Troubled credit union continues to lose money, records show
New details of the problems at the Montgomery County Credit Union Inc. have emerged nearly two weeks after after the credit union’s board chairman raised allegations of poor past management and mishandled money. On April 30, board chairman Michael Buchanan told about 120 members gathered for the credit union’s annual ...
More homeowners start borrowing on equity again
Business for home equity lines of credit is coming back at some local mortgage lenders. As home prices rise and more property owners feel confident about the value of their homes again, they’re starting to come to the bank to borrow money against the asset, major Dayton mortgage lenders said. ...
Existing businesses do heavy lifting on regional economy
Existing businesses in the Cincinnati metropolitan area created the most jobs — and invested more money — than businesses new to the region did in 2012, according to the findings of Cincinnati USA Partnership’s annual growth report released Thursday. Cincinnati USA Partnership for Economic Development, an arm of the Cincinnati ...
Ohio insurer to hire 1,100 in 2013
Ohio-based insurer Western & Southern Life launched Tuesday what it calls an “aggressive” recruiting initiative to hire more than 1,100 financial representatives this year nationwide. The insurance company said its recruiting efforts are targeting people transitioning out of the military, women, individuals with a multicultural background, and college graduates. “Western ...
Mont. Co. credit union says it lost $1.3M in 2012
Allegations of poor management and mishandled money have surfaced at a small, struggling credit union. The board of directors of Montgomery County Credit Union Inc. told members at an annual meeting Tuesday evening that the problems led to an approximately $1.3 million net loss in 2012, a greater loss than ...
Area company moves so it can expand
A Warren County electronics manufacturer is the latest southwest Ohio business to move so it can expand operations or take advantage of a better location.EPIC Technologies has moved from a 56,000-square-foot South Lebanon facility to a leased 74,000-square-foot existing space at 4240 Irwin Simpson Road in Deerfield township, the company ...
What bank earnings say about Butler County’s economy
A round up of first quarter bank earnings shows the local economy is doing better.The past week concluded first quarter earnings season for Butler County’s biggest banks operating here and headquartered in Ohio.Bank performance is closely tied to economic conditions, as consumers and businesses tend to borrow, invest and spend ...
What bank earnings say about Dayton region economy
A round up of first quarter bank earnings shows the local economy is doing better.The past week concluded first quarter earnings season for the Dayton area’s biggest banks operating here and headquartered in Ohio.Bank performance is closely tied to economic conditions, as consumers and businesses tend to borrow, invest and ...
What bank earnings say about Springfield area economy
A round up of first quarter bank earnings shows the local economy is doing better.The past week concluded first quarter earnings season for the Springfield area’s biggest banks operating here and headquartered in Ohio.Bank performance is closely tied to economic conditions, as consumers and businesses tend to borrow, invest and ...
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