Dayton Daily News (Dayton, OH) articles from April 2001

Dayton Daily News (Dayton, OH) archives from April 2001

Dayton, Ohio-Based Software Company Cuts Staff Due to Steel Industry Problems.
April 2, 2001... Byline: Laura A. Bischoff Mar. 29--DAYTON, Ohio--Cohesia Corp., a privately held software company, is cutting one-third of its 56 employees, blaming the move on the ailing steel industry, said Cohesia founder and Chief Executive Dan Z....

Dayton, Ohio-Area Car Dealers Report Strong Sales, Defying National Decline.
April 5, 2001... Byline: Jim Bohman Apr. 4--While new car sales slipped nationally in March, several Dayton area dealers reported strong demand, fueled by Detroit discounts. "We had our best March in four years. Incentives had a lot to do with it,"...

Dayton, Ohio, Port Authority Approves $11.6 Million Building.
April 5, 2001... Apr. 4--The Montgomery County Economic Development Government Equity committee agreed Tuesday to contribute $500,000 toward the construction of a new headquarters for MCSi Inc. in Kettering. The Dayton Montgomery County Port Authority plans...

Piqua, Ohio, Officials to Reclaim Functions of Economic Development Group.
April 6, 2001... Byline: Kelly Issacs Baker Apr. 5--PIQUA, Ohio--The city commissioners plan to make the economic development functions of the Piqua Improvement Corp. part of city government, thus saving more than $56,000 annually. The city annually...

Ohio Farmers Hope for Good Amount of Rainfall in Spring.
April 6, 2001... Byline: Dale Dempsey Apr. 5--The early months of 2001 have been dry, but the outlook could be good for farmers and gardeners if spring yields its usual rainfall. "The surface of the soil is dry but down deeper there is good moisture,"...

Dayton, Ohio-Based Helmet Company Bought by Vandalia Company.
April 6, 2001... Byline: Laura A. Bischoff Apr. 4--VANDALIA, Ohio--Lion Apparel bought Dayton-based Paul Conway Helmets, a small manufacturer of firefighter helmets, for an undisclosed sum, company officials announced Wednesday. Lion makes and sells...

Dayton, Ohio, Parking Garage to Provide Extra Space for Workers, Shoppers.
April 6, 2001... Byline: Jim Bohman Apr. 5--DAYTON, Ohio--Construction has begun on a $7 million, eight-story garage at Fifth and Main streets that will change the face of downtown while providing parking slots for Montgomery County employees. The...

Cincinnati-Based Frisch's Restaurants Reports Higher Earnings.
April 6, 2001... Byline: Jim Bohman Apr. 6--CINCINNATI--Frisch's Restaurants Inc. reported Thursday that earnings from continuing operations in its third quarter, which ended March 4, climbed 18 percent compared to a year ago. Earnings from continuing...

BP Amoco to Open Solar-Powered Filling Station in Centerville, Ohio.
April 8, 2001... Byline: Jim Bohman Apr. 6--CENTERVILLE, Ohio--In two weeks, motorists can gas up at a filling station powered by solar-generated electricity at Wilmington Pike and Clyo Road. BP Amoco p.l.c. is scheduled to open one of the first...

GM Issues Recall of 6,000 Sports Utility Vehicles.
April 8, 2001... Byline: Tim Tresslar Apr. 6--MORAINE, Ohio--General Motors Corp. said Thursday it will recall 6,000 sport utility vehicles because of safety concerns over a suspension part, temporarily idling the Moraine truck assembly plant and 2,500 of...

High Gas Prices Renew Talk of Ethanol Production in Ohio.
April 9, 2001... Byline: Ben Sutherly Apr. 9--Mark Schwiebert would rather have his corn fuel your car than that of a farmer out West. He may get his wish. Low corn prices and high gasoline prices have revived talk of resuming ethanol production...

Fifth Third Bank to Close Troy, Ohio, Downtown Office.
April 11, 2001... Byline: Ben Sutherly Apr. 10--TROY, Ohio--Fifth Third Bank plans to close its downtown location in early July. "Clearly, the customers find the other locations to be more convenient in their traffic patterns," said Bill Thorla, vice...

Ohio's U.S. Air Force Museum Announces $30 Million Makeover Plan.
April 11, 2001... Byline: Timothy R. Gaffney Apr. 10--WRIGHT-PATTERSON AIR FORCE BASE, Ohio--A huge exhibit hall will be the key to a major makeover of the U.S. Air Force Museum in 2003, the museum's senior curator said Monday. The new building will be...

Anglo-Dutch Publisher Reed Elsevier Says It's Feeling Effects of Slowdown.
April 11, 2001... Byline: Laura A. Bischoff Apr. 11--Reed Elsevier made significant progress last year, with financial results ahead of expectations, but the U.S. economic slowdown is hurting the Anglo-Dutch publisher's operations, company officials said...

Dayton Daily News, Ohio, Business Briefs Column.
April 12, 2001... Apr. 11--BOEING DELIVERING AIRLIFTER JET MANAGED AT WRIGHT-PAT: The Boeing Co. has begun delivering the newest version of the Air Force's C-17 airlifter jet. The Block 12 version includes Global Air Traffic Management equipment, which...

Proposed Interchange in Columbus, Ohio, Attacked by Sierra Club.
April 12, 2001... Byline: Mike Wagner Apr. 11--COLUMBUS, Ohio--The proposed Interstate 75 interchange at Austin Road in Springboro is still a long way from being approved, if at all, but the project is already under attack from environmental activists. ...

Air Force Deals with Ball, General Dynamics May Benefit Dayton, Ohio, Area.
April 13, 2001... Byline: Laura A. Bischoff Apr. 12--FAIRBORN, Ohio--Ball Aerospace & Technologies Corp. and General Dynamics Electronics Systems won an eight-year contract worth up to $260 million with the U.S. Air Force that could mean up to 100 new jobs...

Ohio Energy Firm's Stockholders Fret over Executive Bonuses.
April 13, 2001... Byline: Jim Bohman Apr. 12--PIQUA, Ohio--Rising executive pay and flat dividends were on the minds of DPL Inc. stockholders Wednesday and one pledged to do something. David C. Look of Beavercreek told the packed house at the electric...

Owner's Bankruptcy Won't Affect Alternative Newspaper in Dayton, Ohio.
April 13, 2001... Byline: Bob Batz Apr. 13--A decision by Yesse Communications Inc. to file for reorganization under the bankruptcy law won't affect Dayton's Impact Weekly, an alternative newspaper owned by the company, publisher Daniel Emerich said. ...

Bush Budget Cuts Threaten Ohio Nuclear-Weapons Plant Cleanup.
April 13, 2001... Byline: Dale Dempsey Apr. 13--MIAMISBURG, Ohio--The U.S. Department of Energy on Wednesday gave BWXT of Ohio permission to issue warning notices to up to 200 of its employees that they will be laid off, according to Jane Greenwalt of the...

Businessmen to Promote Power-Full Ohio in California.
April 13, 2001... Byline: Laura A. Bischoff Apr. 13--A group of local businessmen want to lure California-based companies who are facing rolling blackouts to Dayton, where office space is cheap and power is reliable. With the explosion of the Internet,...

Dayton, Ohio-Area Aeronautical Systems Center to Get New Chief.
April 13, 2001... Byline: Timothy R. Gaffney Apr. 13--An Air Force general with more than six years of experience at Wright-Patterson Air Force Base is to return as commander of the Aeronautical Systems Center, Wright-Pat's host unit. The Air Force has...

Whirlpool to Close Dayton, Ohio-Area Technology Center.
April 13, 2001... Byline: Jim Bohman Apr. 13--VANDALIA, Ohio--Whirlpool Corp. will close its Dayton Technology Center here and move 150 high-paying jobs to Michigan, the appliance maker announced Thursday. The work done by engineers and technicians at...

Cincinnati-Based Bank Reports Increase in First-Quarter Income.
April 17, 2001... Byline: Jim Bohman Apr. 17--CINCINNATI--Fifth Third Bancorp. reported Monday that net income in the first quarter climbed 18 percent to $206.4 million compared with the first quarter a year ago. Net income per share in the quarter,...

Appliance, Electronics Retailer Opens Store in Beavercreek, Ohio.
April 17, 2001... Byline: Tim Tresslar Apr. 17--BEAVERCREEK, Ohio--Retailer H.H. Gregg Appliances and Electronics has formally opened its first area store in Beavercreek and plans to add a second Miami Valley location soon. Executives are looking at a...

Researchers at Dayton, Ohio, Air Force Base Break Ground on New Facility.
April 18, 2001... Byline: Timothy R. Gaffney Apr. 18--WRIGHT-PATTERSON AIR FORCE BASE, Ohio--Research managers at Wright-Patterson Air Force Base broke ground Tuesday on a $19.3 million facility that will consolidate resources and help the base keep up with...

Miamisburg, Ohio-Based Bicycle Maker Meets Earnings Expectations.
April 18, 2001... Byline: Tim Tresslar Apr. 18--MIAMISBURG, Ohio--Huffy Corp. met its own first-quarter earnings projections, but experienced slow sales during the period, the sports equipment and retail services company said Tuesday. For the quarter...

Dayton, Ohio-Based Credit Card Firm Reports Quarterly Profit.
April 18, 2001... Byline: Laura A. Bischoff Apr. 18--DAYTON, Ohio--NCR Corp. has finally changed from a struggling spinoff into a growth company, Chairman and Chief Executive Lars Nyberg said on Tuesday. NCR reported first-quarter sales of $1.38...

State Officials Revoke Licenses of Dayton, Ohio-Area Finance Advisers.
April 18, 2001... Byline: Jim Bohman Apr. 18--COLUMBUS, Ohio--The Ohio Division of Securities has revoked state investment adviser licenses issued to Mark W. May of Xenia, Craig A. Herl of West Milton and their newest investment company, Atlantic Advisors...

Changes in Ohio Phone Service Rules Would Have Ill Implications, Advocate Says.
April 18, 2001... Byline: Laura A. Bischoff Apr. 17--COLUMBUS, Ohio--Telephone customers could end up paying 100 percent more for extra services such as Caller ID or second phone lines if the Public Utilities Commission of Ohio adopts rules it is...

Midway Adds Routes at Dayton, Ohio, Airport; Major Airlines See Lower Earnings.
April 20, 2001... Byline: Timothy R. Gaffney Apr. 19--DAYTON, Ohio--The major airlines serving Dayton International Airport all posted lower quarterly earnings Wednesday, while the airport announced a small airline will bring three new routes to the airport...

Two Ohio-Based Banks Report First-Quarter Declines.
April 20, 2001... Byline: Jim Bohman Apr. 19--DAYTON, Ohio--Earnings of KeyCorp and Provident Financial Group, two banks with large operations in Dayton, declined in the first quarter. Cleveland-based KeyCorp, holding company for KeyBank, reported...

Dayton, Ohio-Based Business Forms Maker Continues Dramatic Restructuring.
April 20, 2001... Byline: Laura A. Bischoff Apr. 19--DAYTON--Standard Register has cut 1,030 jobs, closed 11 production facilities and consolidated 21 sales offices and eight warehouses since its dramatic restructuring announcement in January, company...

Six-Screen Theater in Beavercreek, Ohio, May Reopen.
April 20, 2001... Byline: Dave Larsen Apr. 19--BEAVERCREEK, Ohio--Beaver Valley Cinemas closed Wednesday, joining the ranks of independent theaters put out of business by bigger, chain-owned multiplexes such as the nearby Regal Cinemas Hollywood 20. ...

Dayton, Ohio-Based Paper Manufacturer Reports First-Quarter Loss.
April 20, 2001... Byline: Jim Bohman Apr. 19--DAYTON, Ohio--Forecasts of a challenging year for Mead Corp. are coming true as the forest products company posted a first-quarter operating loss of 37 cents a share Wednesday compared with net operating profit...

Dayton, Ohio-Based Computer Services Company Plans to Cut Jobs.
April 23, 2001... Byline: Laura A. Bischoff Apr. 20--DAYTON, Ohio--NCR Corp. plans to cut 600 to 700 jobs worldwide in its customer service division as part of a reorganization, company officials confirmed Thursday. The layoffs represent about 5 percent...

Dayton, Ohio-Based Construction Equipment Firm to Combine Two Divisions.
April 23, 2001... Byline: Jim Bohman Apr. 20--Tomkins Industries Inc., a manufacturer of construction components, announced Thursday that it will combine a division it owns in Pennsylvania with its Lau Industries unit here. Penn Ventilation, based in...

Columbus, Ohio-Based Glimcher Realty Trust Posts Gains.
April 23, 2001... Byline: Jim Bohman Apr. 21--COLUMBUS, Ohio--Glimcher Realty Trust, owner of the Dayton Mall and the Mall at Fairfield Commons, Wednesday topped estimates reporting first-quarter funds from operations of $19 million or 70 per share. ...

Xenia, Ohio, Woman Takes Helm of Saturn Corp. Car Company.
April 23, 2001... Byline: Timothy R. Gaffney Apr. 20--Saturn Corp.'s new president, Annette K. Clayton, hails from Xenia. She is the daughter of Tom and Sharon Faulkner and a 1981 Xenia High School graduate, Saturn representatives said Thursday. ...

Kettering, Ohio, Outlet Handles Items Clogging Home Furnishing Warehouses.
April 26, 2001... Byline: Tim Tresslar Apr. 26--KETTERING, Ohio--Coming off a year of extensive growth, Larry Klaben, president of Morris Home Furnishings, found his company needed a new way to liquidate merchandise stacking up in showrooms and warehouses....

Consumption Boost Gets Credit for Ohio Natural Gas Company's Earnings.
April 26, 2001... Byline: Jim Bohman Apr. 26--EVANSVILLE, Ind.--Vectren Corp., which has drawn heat for the soaring cost of natural gas, reported Wednesday that earnings in the first quarter more than doubled to $44.4 million from $22.1 million a year ago....

Doctors Relocate to Former Kettering, Ohio, Shopping Center Site.
April 26, 2001... Byline: Mara Lee Apr. 26--KETTERING, Ohio--A group of doctors is moving to Governor's Place, and the $1.9 million building they'll move into will be the new office park's second tenant. Developer Bob Mills, owner of Synergy Development...

Rezoning Would Open the Way for a New Columbus, Ohio-Area Apartment Complex.
April 26, 2001... Byline: Ben Sutherly Apr. 26--TROY, Ohio--A Columbus-based developer has submitted plans to put 180 apartments northwest of the Interstate 75-Ohio 55 interchange. Sentry Development Corp.'s plans call for 10 buildings, each with 18...

Dayton, Ohio, Information Management Software Company's Earnings Slide.
April 26, 2001... Byline: Laura A. Bischoff Apr. 26--DAYTON, Ohio--Reynolds & Reynolds' fiscal second-quarter net earnings dropped 28 percent with the slowing economy, but excluding items, earnings from continuing operations climbed 14 percent from the same...

U.S. EPA Reverses Its Decision to End Ohio Superfund Site Cleanup.
April 26, 2001... Byline: Jim Bebbington Apr. 26--DAYTON, Ohio--The U.S. EPA reversed its decision to end the cleanup of Valleycrest Landfill and will continue to remove drums of chemicals from the Superfund site, the agency announced Wednesday. The...

Dayton, Ohio-Based Utility Reports a Boost in Per-Share Earnings.
April 26, 2001... Byline: Jim Bohman Apr. 26--DAYTON, Ohio--DPL Inc. reported Wednesday that first-quarter earnings per share climbed 37 percent to 52 cents, compared with a year ago, boosted by electric power sales from new combustion generation plants....

Kettering, Ohio-Based Computer Supply Firm Weighs Proposals.
April 27, 2001... Byline: Tim Tresslar Apr. 27--KETTERING, Ohio--MCSi Inc. said Thursday it has received proposals from several "private-equity groups" as it explores strategic options with an investment banker. Also Thursday, the company reported record...

Quarterly Loss at Mead Corp. First in More than 15 Years.
April 27, 2001... Byline: Laura Bischoff Apr. 27--DAYTON--Unfavorable exchange rates, imports, high energy costs and a slowing U.S. economy all made for a tough year at the Mead Corp., Chairman and Chief Executive Jerry Tatar told shareholders Thursday. ...