The Economy & Business

4:18pm

Thu March 1, 2012
Business & Technology

Ohio Attorney General Adjusts Report on Business Incentives

Ohio Attorney General Mike DeWine has adjusted a recently released report on state business incentives to show almost six in 10 recipients of economic development grants, tax credits and other perks have met the conditions of their state agreements.

That's an improvement from a December version of the report, which found nearly half of recipients had failed to meet their terms.

Overall, the adjusted compliance rate is 59 percent, up from about 52 percent originally calculated. A total of 199 businesses met the terms of their deals; 138 did not. Awards reviewed were from 2005 to 2010.

DeWine's office made the changes after receiving 1,622 additional files from the state Department of Development that administers the incentives.

4:17pm

Thu March 1, 2012
Business & Technology

Kroger Posts Loss on Pension Plan Costs

The Kroger Co. says costs associated with consolidating its pension plan for workers led it to post a net loss in the fourth quarter, even as sales improved at the nation's biggest supermarket chain.

6:30pm

Tue February 28, 2012
Business & Technology

Columbia Gas of Ohio Lowering Prices

Some good news for consumers today: Columbus Gas of Ohio says a near-record gas supply is driving down prices.

Columbia says beginning in March, the average monthly bill for customers who spread payments out through the year will drop from $82 a month to $53. Columbia spokesman Ken Stammen says the price drop comes amidst a mild winter and near-record gas supplies.

“As a result of that, we’re seeing much lower prices of natural gas from what we anticipated last summer when we set the original budget payment plan for the year. We’re seeing less demand that what we anticipated, as well.”

The new rates take affect March 1st and run through the end of July.

5:22pm

Fri February 24, 2012
Business & Technology

West Carrollton Interested in Appleton Paper Property

Credit Flickr Creative Commons user Bob.Fornal
The Appleton paper plant in West Carrollton as seen from I-75.

The City of West Carrollton may be interested in the property that houses the City’s Appleton Paper plant.

5:41pm

Thu February 23, 2012
Business

West Carrollton Paper Company Announces Layoffs

Appleton Papers in West Carrollton has announced the pending layoff of 330 employees.   

5:38pm

Thu February 23, 2012
Business & Technology

Dayton Postal Center to Be Moved to Columbus

The U.S. Postal Service has decided to move Dayton’s mail processing to Columbus.

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