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Latest from Thomas Gnau

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PUCO: Part of natural gas bills will fall slightly
 A component of Vectren natural gas bills will fall slightly after the Public Utilities Commission of Ohio (PUCO) accepted the results of Vectren Energy Delivery of Ohio’s auction for default natural gas service. The auction secured natural gas supply for Vectren’s customers from April 1, 2018 to March 31, 2019, setting a retail...

Posted: 8 hours ago

A component of Vectren natural gas bills will fall slightly after the Public Utilities Commission of Ohio (PUCO) accepted the results of Vectren Energy Delivery of Ohio’s auction for default natural gas service. The auction secured natural gas supply for Vectren’s customers from April 1, 2018 to March 31, 2019, setting a retail...
DHL jobs to be cut, but workers could land with new employer
 Freight giant DHL will permanently lay off 229 workers in Lima by March 12, the company has told Ohio government. The layoffs will happen at the company’s 635 N. Cool Road location in Allen County, the company said in a WARN (Worker Adjustment and Retraining Notification) notice to the Ohio Department of Job and Family Services. But...

Posted: 11 hours ago

Freight giant DHL will permanently lay off 229 workers in Lima by March 12, the company has told Ohio government. The layoffs will happen at the company’s 635 N. Cool Road location in Allen County, the company said in a WARN (Worker Adjustment and Retraining Notification) notice to the Ohio Department of Job and Family Services. But...
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: a day 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: a day 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: a day 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: a day 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: a day 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: 3 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: 3 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: 6 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: 6 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: 6 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: 7 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...
Toyota, Mazda said to eye Alabama for 4,000 jobs
 National reports are saying that Toyota and Mazda have chosen an Alabama site for a new 4,000-job, $1.6 billion plant. USA Today, among others, has reported that the Japanese automakers will soon announce that they will locate a new joint-venture factory in a state that already has Toyota, Hyundai Honda and Mercedes-Benz factories. The companies...

Posted: 7 days ago

National reports are saying that Toyota and Mazda have chosen an Alabama site for a new 4,000-job, $1.6 billion plant. USA Today, among others, has reported that the Japanese automakers will soon announce that they will locate a new joint-venture factory in a state that already has Toyota, Hyundai Honda and Mercedes-Benz factories. The companies...
Woolpert to see piece of $610M federal contract
 With another company, a Beavercreek-based engineering firm will have a piece of a contract with the Federal Emergency Management Agency which has a potential value of up to $610 million. Woolpert will provide engineering and architecture services under a five-year FEMA contract which has a ceiling value of $610 million, the company said this...

Posted: 7 days ago

With another company, a Beavercreek-based engineering firm will have a piece of a contract with the Federal Emergency Management Agency which has a potential value of up to $610 million. Woolpert will provide engineering and architecture services under a five-year FEMA contract which has a ceiling value of $610 million, the company said this...
Woolpert to work on new CareSource building
 Woolpert has been contracted by Cincinnati-based BHDP Architecture to provide design services for CareSource’s new downtown building. The Beavercreek-based company will provide civil, structural, mechanical, electrical and design services. CareSource’s new 205,000-square-foot, six-story building will house 800 employees to meet...

Posted: 8 days ago

Woolpert has been contracted by Cincinnati-based BHDP Architecture to provide design services for CareSource’s new downtown building. The Beavercreek-based company will provide civil, structural, mechanical, electrical and design services. CareSource’s new 205,000-square-foot, six-story building will house 800 employees to meet...
Commercial plumber buys Dayton manufacturing site
 An HVAC and commercial plumbing company has bought manufacturing property on Humphrey Avenue in Dayton. Real estate services company CBRE Group, Inc. facilitated the sale of the 20,774-square-foot building located at 1500 Humphrey Ave. The property was sold by Wernli Realty Corp. for $525,000 to Frye Mechanical, which is already listing the...

Posted: 8 days ago

An HVAC and commercial plumbing company has bought manufacturing property on Humphrey Avenue in Dayton. Real estate services company CBRE Group, Inc. facilitated the sale of the 20,774-square-foot building located at 1500 Humphrey Ave. The property was sold by Wernli Realty Corp. for $525,000 to Frye Mechanical, which is already listing the...
UD sets a new research record
 The University of Dayton set another research record in fiscal year 2017 and reclaimed its preeminent spot in federally sponsored materials engineering research. UD said it rose in National Science Foundation rankings for fiscal 2016 higher education research expenditures. UD ranks in the top 25 of all U.S. colleges and universities in eight...

Posted: 8 days ago

The University of Dayton set another research record in fiscal year 2017 and reclaimed its preeminent spot in federally sponsored materials engineering research. UD said it rose in National Science Foundation rankings for fiscal 2016 higher education research expenditures. UD ranks in the top 25 of all U.S. colleges and universities in eight...
Racino revenues warm up in frigid weather
 Even as cold weather has settled in, Miami Valley residents are warming up to gaming, if racino revenues are an indication. Net wins for Hollywood Gaming at Dayton Raceway for the state fiscal year 2018 so far are up. The racino off Needmore Road saw nearly $8.66 million in net wins — net gaming revenues remaining after payout of prizes...

Posted: 8 days ago

Even as cold weather has settled in, Miami Valley residents are warming up to gaming, if racino revenues are an indication. Net wins for Hollywood Gaming at Dayton Raceway for the state fiscal year 2018 so far are up. The racino off Needmore Road saw nearly $8.66 million in net wins — net gaming revenues remaining after payout of prizes...
NCR celebrates second HQ move in less than 10 years
 Less than a decade after moving its headquarters from Dayton to Duluth, Ga., NCR marked the opening of a new midtown Atlanta headquarters Monday. NCR Corp. said its two-tower campus “will provide the space needed to prepare for future growth and create innovations that will help power the digitally-connected economy.” The company&rsquo...

Posted: 8 days ago

Less than a decade after moving its headquarters from Dayton to Duluth, Ga., NCR marked the opening of a new midtown Atlanta headquarters Monday. NCR Corp. said its two-tower campus “will provide the space needed to prepare for future growth and create innovations that will help power the digitally-connected economy.” The company&rsquo...
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