Dayton Daily News (Dayton, OH) articles from February 2002

Dayton Daily News (Dayton, OH) archives from February 2002

Elder-Beerman Stores Might Leave Downtown Dayton, Ohio.
February 20, 2002... Feb. 20--A spokeswoman for Elder-Beerman Stores Corp. said Tuesday the retailer probably will not reach an agreement with CityWide Development Corp. to keep its downtown Dayton store open. Spokeswoman Gloria Siegler said the Moraine-based...

Chrysler Group Reports Quarterly Operating Losses of $320 Million.
February 21, 2002... Byline: Christopher Montgomery Feb. 21--DaimlerChrysler AG reported net losses for the fourth quarter and full year on Wednesday, but said that a turnaround plan at its Chrysler Group is running ahead of schedule and prevented even larger...

Oversight of Cremation Is Sparse in Ohio.
February 21, 2002... Byline: Amelia Robinson Feb. 21--The discovery of rotting corpses in woods near a Georgia crematory has focused attention on a deficiency in how Ohio crematories are regulated. Since 1998, Ohio law has required that crematories be...

Economic Development Group Picks Dayton, Ohio, Executives for Key Posts.
February 22, 2002... Byline: Jim Bohman Feb. 22--The Miami Valley Economic Development Coalition on Thursday named two Dayton executives to key posts as the organization revamps its mission of retaining and adding jobs in the Dayton area. Dwight Johnson,...

Ownership Change Begins at Franciscan Medical Center in Dayton, Ohio.
February 23, 2002... Byline: Kevin Lamb Feb. 23--DAYTON, Ohio--Franciscan Medical Center's ownership began changing to a group of Cincinnati developers Friday, with the transfer of an undisclosed amount of cash and the "hope to complete the sale by the middle...

Dayton, Ohio, Considers Possibility of Losing Major Department Store.
February 24, 2002... Feb. 24--DAYTON, Ohio--The possible departure of Elder-Beerman Stores Corp. from its downtown Dayton store raises a question faced by metro areas nationwide -- what does downtown retail look like in 2002? Local economic development...

Some Ohio Cities Live Without Downtown Retailers.
February 24, 2002... Byline: Jason Roberson Feb. 24--Akron and Toledo, two Ohio cities similar to Dayton in size and make-up, have watched major retailers flee their downtowns and are learning how to live without them. Akron had to deal with losing both of...

Dayton, Ohio, Residents Have Suggestions on Ways to Improve Downtown Area.
February 26, 2002... Byline: Cathy Mong Feb. 26--DAYTON, Ohio--With shoppers like Che Gary, it's no wonder downtown retailer Elder-Beerman might call it quits. Although Gary, 24, of Dayton has worked two years within blocks of the Courthouse Square...

General Motors Boosts Earnings, Production Estimates.
February 26, 2002... Byline: Christopher Montgomery Feb. 26--General Motors Corp. on Monday raised its estimates for 2002 first-quarter and full-year earnings and production schedules, citing better-than-expected sales in the United States. GM, the world's...

Existing Homes Sell at Record Pace, National Realtors Say.
February 26, 2002... Byline: Jason Roberson Feb. 26--Sales of existing homes surged 16.2 percent in January and topped the 6 million mark for the first time in the nation's history, the National Association of Realtors said Monday. The seasonally adjusted...

Dayton, Ohio, Bank Executive Enjoys Region's Quality of Life.
February 26, 2002... Byline: Jim Bohman Feb. 26--DAYTON, Ohio--Seventeen years ago, National City Bank sent Katherine B. "Kathy" Hollingsworth to Dayton to boost business lending. After working in cosmopolitan Cleveland, home of the Cleveland Orchestra,...

Some Troy, Ohio, Companies Miss Mark on Tax-Break Deals.
February 26, 2002... Byline: Ben Sutherly Feb. 26--TROY, Ohio--Nearly half of the 15 Troy businesses getting thousands of dollars in tax breaks each year in return for promised jobs either are not meeting their pledges or could have trouble doing so within a...

EDITORIAL: Dayton, Ohio, Downtown Trend Still Can Be Up.
February 26, 2002... Feb. 26--Somehow the old don't-rain-on-my-parade concept comes to mind. Daytonians are being treated to a parade of new downtown attractions and a parade of celebrations of downtown renewal. But along comes the news that Elder-Beerman expects...

Funding Shrinking for Air Force Graduate School in Ohio.
February 27, 2002... Byline: Timothy R. Gaffney Feb. 27--A long-awaited study of the Air Force Institute of Technology recommends restoring a general's star to the commandant's position and closer ties with its Navy equivalent, but it warns of a growing...

Spring Hill Garden Center to Re-Open in Tipp City, Ohio.
February 27, 2002... Byline: Nancy Bowman Feb. 27--TIPP CITY, Ohio--There will be lots of familiar faces behind the counters when the Spring Hill Garden Center re-opens Friday eight months after Spring Hill Nurseries was abruptly closed after 152 years in...

Judge Approves Sale of Metal Parts Manufacturer's Assets in Vandalia, Ohio.
February 27, 2002... Byline: Christopher Montgomery Feb. 27--VANDALIA, Ohio--A U.S. Bankruptcy Court judge approved the sale of the assets of Ochs Industries Inc. on Tuesday, signaling the end of the Vandalia-based company's 50-year run. Ochs, a maker of...

Stock in Kettering, Ohio-Based Videoconferencing Firm MCSi Plunges 40 Percent.
February 27, 2002... Byline: Tim Tresslar Feb. 27--KETTERING, Ohio--Shares of MCSi Inc. plunged 40 percent in value Tuesday after the company reported a fourth-quarter loss and a sharp decline in sales. The videoconferencing company's stock fell $6.95 to...