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Thomas Gnau

Thomas Gnau is a business reporter for the Dayton Daily News and covers top companies, development, job creation, and commercial real estate. He grew up a U.S. Navy dependent, lived in two countries and five states before his 16th birthday. He graduated from Chaminade-Julienne High School and Wright State University. A Kettering resident, he is married to a Mad River Local Schools teacher; he and his wife have two daughters. Gnau started working at the student newspaper at Wright State where his interest in journalism grew and led him to where he is today.

Latest from Thomas Gnau

Downtown Dayton’s third tallest tower sells for $12.5 million
 The Fifth Third Center has sold in downtown Dayton for $12.5 million, new Montgomery County property records show. One South Main Street Holdings LLC bought the building for that amount from Ducru Spe LLC, along with associated parcels, records show. The sale was recorded Tuesday. RELATED: VR leader Marxent expands Kettering location...

Posted: an hour ago

The Fifth Third Center has sold in downtown Dayton for $12.5 million, new Montgomery County property records show. One South Main Street Holdings LLC bought the building for that amount from Ducru Spe LLC, along with associated parcels, records show. The sale was recorded Tuesday. RELATED: VR leader Marxent expands Kettering location...
VR leader Marxent expands Kettering location
 Marxent, a leader in virtual reality (VR) and augmented reality (AR) technologies and capabilities, is expanding its Kettering offices by nearly 5,000 square feet. Marxent Labs LLC struck a lease agreement in the fourth quarter of 2017 to expand its offices at 3100 Research Blvd. by 4,947 square feet, according to a recent Dayton market real...

Posted: 2 hours ago

Marxent, a leader in virtual reality (VR) and augmented reality (AR) technologies and capabilities, is expanding its Kettering offices by nearly 5,000 square feet. Marxent Labs LLC struck a lease agreement in the fourth quarter of 2017 to expand its offices at 3100 Research Blvd. by 4,947 square feet, according to a recent Dayton market real...
Foundation announces $26.4M in grants in past six months
 In the past six months, Dayton Foundation fund holders awarded 10,515 grants totaling $26.4 million to not-for-profit organizations locally and beyond. That’s a seven percent increase compared to the same period last year, the foundation said in an announcement Tuesday. Grant awards amounting to $398,250 were made in the areas of arts...

Posted: 3 hours ago

In the past six months, Dayton Foundation fund holders awarded 10,515 grants totaling $26.4 million to not-for-profit organizations locally and beyond. That’s a seven percent increase compared to the same period last year, the foundation said in an announcement Tuesday. Grant awards amounting to $398,250 were made in the areas of arts...
Middletown manufacturer buys Springboro site for $3.675M
 The owner of a Middletown manufacturer has bought the former Springboro distribution center of MCM Electronics for nearly $3.7 million. Mark Booker, owner of Advanced Design Solutions at 1701 Reinartz Blvd., said he could use the newly acquired building at 405 S. Pioneer Blvd. to expand his Middletown business or as an investment property...

Posted: 5 hours ago

The owner of a Middletown manufacturer has bought the former Springboro distribution center of MCM Electronics for nearly $3.7 million. Mark Booker, owner of Advanced Design Solutions at 1701 Reinartz Blvd., said he could use the newly acquired building at 405 S. Pioneer Blvd. to expand his Middletown business or as an investment property...
Michigan company acquires Butler County manufacturer
 A Michigan auto supplier has acquired Trenton’s Magnode. Shape Corp. said it has reached terms to buy the Butler County aluminum extruder, Magnode. Those terms were not identified in an announcement. “The deal comes after a successful business relationship between that two companies that included collaboration on engineering projects...

Posted: 6 hours ago

A Michigan auto supplier has acquired Trenton’s Magnode. Shape Corp. said it has reached terms to buy the Butler County aluminum extruder, Magnode. Those terms were not identified in an announcement. “The deal comes after a successful business relationship between that two companies that included collaboration on engineering projects...
Cold start to winter pushes local natural gas bills higher
 The sustained cold is doing more than making us uncomfortable. It’s making energy more expensive. Natural gas provider Vectren is warning that bitter cold is leading to higher gas use — and that will mean more expensive bills. Natural gas delivery volume in its Ohio service territory since Dec. 15, 2017, is the second highest...

Posted: 2 days ago

The sustained cold is doing more than making us uncomfortable. It’s making energy more expensive. Natural gas provider Vectren is warning that bitter cold is leading to higher gas use — and that will mean more expensive bills. Natural gas delivery volume in its Ohio service territory since Dec. 15, 2017, is the second highest...
Freight demand causing ‘perfect storm’ for local trucking industry
 A stronger economy has helped area shipping and logistics companies grow and increased freight prices and the number of orders for new trucks, a local business owner says. “Tonnage is up. And the amount of drivers is down,” Burch said last week in between meetings in Washington, D.C., where he was talking with other ATA leaders...

Posted: 2 days ago

A stronger economy has helped area shipping and logistics companies grow and increased freight prices and the number of orders for new trucks, a local business owner says. “Tonnage is up. And the amount of drivers is down,” Burch said last week in between meetings in Washington, D.C., where he was talking with other ATA leaders...
Vectren: Extreme cold will push bills higher
 Natural gas company Vectren is warning that record cold will likely push energy bills higher. “Extreme temperatures the last half of December 2017 through the first half of January this year have led to gas usage in volumes which rival the highest ever seen,” the company said in a statement Thursday. Gas delivered through Vectren&rsquo...

Posted: 5 days ago

Natural gas company Vectren is warning that record cold will likely push energy bills higher. “Extreme temperatures the last half of December 2017 through the first half of January this year have led to gas usage in volumes which rival the highest ever seen,” the company said in a statement Thursday. Gas delivered through Vectren&rsquo...
PR or investment? Walmart joins companies awarding raises, bonuses

Posted: 5 days ago

In the wake of recently passed and signed federal tax changes, several companies have announced one-time bonuses and raises for employees. Walmart is the latest company to make such an announcement. On Thursday the retail giant said it will boost starting wages for U.S. employees to $11, expand maternity and parental leave and pay cash bonuses...
AAA sells downtown Dayton building for $430K
 The downtown Dayton home of AAA Allied Group/AAA Miami Valley has been sold. Dayton Automobile Club has sold its 825 S. Ludlow St. home to Dunkirk Realty Limited for $430,000, according to Montgomery County property records. The sale was recorded Wednesday. Cindy Antrican, a spokeswoman for AAA, said the Ludlow location was built in the 1950s...

Posted: 5 days ago

The downtown Dayton home of AAA Allied Group/AAA Miami Valley has been sold. Dayton Automobile Club has sold its 825 S. Ludlow St. home to Dunkirk Realty Limited for $430,000, according to Montgomery County property records. The sale was recorded Wednesday. Cindy Antrican, a spokeswoman for AAA, said the Ludlow location was built in the 1950s...
Opponents say Senate bill would raise DP&L rates
 An Ohio State University economist testified Wednesday against an Ohio Senate bill that he says could raise rates for Dayton Power & Light customers. Senate Bill 155 and a similar House bill would, if enacted, offer subsidies for nuclear and older coal-era electric generation plants, including two Ohio Valley Electric Corp. (OVEC) plants...

Posted: 5 days ago

An Ohio State University economist testified Wednesday against an Ohio Senate bill that he says could raise rates for Dayton Power & Light customers. Senate Bill 155 and a similar House bill would, if enacted, offer subsidies for nuclear and older coal-era electric generation plants, including two Ohio Valley Electric Corp. (OVEC) plants...