October 25, 200618 yr From the 10/24/06 DDN: Reynolds shareholders give merger approval Dayton Daily News Tuesday, October 24, 2006 Shareholders of Reynolds and Reynolds Co. voted Monday to approve a merger with Houston-based Universal Computer Systems Inc., which will return Reynolds to private ownership for the first time since 1960. Shareholders who gathered for a special meeting voted 87 percent of the company's outstanding stock, or more than 68.5 million shares, in favor of the merger. It is valued at nearly $3 billion, including assumption of Reynolds' debt. ... http://www.daytondailynews.com/n/content/oh/story/news/business/2006/10/23/ddn102406reynolds.html
October 26, 200618 yr This will probably mostly be a WPAFB project.. NASA's funding for research projects in general have been slashed, PARTICULARLY in the aeronautics area (what's that first A in NASA stand for again?). They may use some of the supersonic wind tunnels at Glenn Research Center for testing and validation, but even those are under threat of getting mothballed in favor of computational models. And yeah, I admit it.. I can't wait for the Transformers movie to come out. I'm a dork.
November 12, 200618 yr From the 10/27/06 DDN: Reynolds returns to private ranks after closing on $3 billion merger By John Nolan Staff Writer Friday, October 27, 2006 KETTERING — Reynolds and Reynolds became a private company Thursday for the first time since 1960, closing its $3 billion merger with privately held Universal Computer Systems. Reynolds' shares will no longer be listed on the New York Stock Exchange, effective with the opening of business today. Reynolds' shareholders, who approved the merger this week, receive $40 in cash for each share of their stock under the merger's terms. ... http://www.daytondailynews.com/n/content/oh/story/news/business/2006/10/26/ddn102706reynolds.html
November 12, 200618 yr From the 11/2/06 DDN: Reynolds-Universal merger costs two top executives their jobs General counsel Guttman joined in 2005 and helped carry out the merger with Universal Computer Systems. By John Nolan Staff Writer Thursday, November 02, 2006 KETTERING — Two executives of Reynolds and Reynolds Co. have left their jobs, the first casualties as the company is merged into Universal Computer Systems Inc. Robert S. Guttman had been vice president, general counsel and corporate secretary for Reynolds and Reynolds. He joined the company in August 2005 and helped carry out the merger. Also out is Yen-Ping Shan, a senior vice president who had overseen product development. ... http://www.daytondailynews.com/n/content/oh/story/news/business/2006/11/01/ddn110206reynolds.html
December 1, 200618 yr Eight expanding businesses score local ED/GE grants Companies plan to create jobs through development program. By Lisa A. Bernard Staff Writer Thursday, November 30, 2006 DAYTON — More than $930,000 in local grant money has been awarded to eight area businesses planning to expand. The funds are part of Montgomery County's Economic Development/Government Equity program. Twice a year the grants go to communities and businesses looking to create jobs and expand. "These are really strong projects, and what stands out about them is that they are small businesses, for the most part, that have roots in the Miami Valley, roots in the Dayton area and they want to grow," said Deborah Feldman, county administrator and ED/GE chairman. "To me this is the future of our development here." Read More...
December 12, 200618 yr http://columbus.bizjournals.com/columbus/stories/2006/12/11/daily7.html Springfield lands F-16 training center Business First of Columbus - 3:42 PM EST Monday Dutch pilots will begin training at the Springfield Air National Guard base next year, resulting in 100 new jobs. Pilots for the Royal Netherlands Air Force Guard will be trained to fly F-16 fighter jets at the Clark County base. The training is expected to create $25 million in salaries for the local economy during the next four years, guard officials said...
December 12, 200618 yr Interesting, I didn't know Springfield had a base. I suppose its on the SE side of town? Good news about the jobs.
December 12, 200618 yr Author I suppose its on the SE side of town? The Springfield-Beckley Municipal Airport is located south of town...pretty much between Springfield and Yellow Springs.
December 25, 200618 yr From the 12/1/06 Springfield News-Sun: International blames layoffs on EPA rules By Kelly Baker Staff Writer Friday, December 01, 2006 International Truck and Engine Corp. announced Friday it will lay off approximately 300 workers at its Springfield plant on Jan. 3. The layoffs are in response to an industry-wide decline in orders for next year for heavy duty trucks, company spokesman Kyle Rose said. ... http://www.springfieldnewssun.com/n/content/oh/story/news/local/2006/12/01/sns120106layoffweb.html
December 29, 200618 yr I am skeptical of the company's use of EPA regulations as an excuse. They sell heavy duty trucks. If you need a heavy duty truck, a light duty truck won't do. If you don't need a heavy duty truck, then why would you ever have bought one, given the increased cost and decreased mileage. Surely, cost increases due to regulations may delay replacement purchases of heavy duty trucks. But I suspect this industrywide slowdown is due to other factors and they are needlessly slandering those who would try to improve our air quality.
January 5, 200718 yr from the 1/4/2007 Dayton Daily News... Dayton No. 4 for job loss 2,500 positions disappear from area, but at the same time unemployment rate dips slightly. By Kristin McAllister, Staff Writer Thursday, January 04, 2007 DAYTON — Dayton tied for fourth in the nation for the largest over-the-year decreases in employment, the U.S. Bureau of Labor Statistics reported Wednesday. Topping the list is Detroit-Warren-Livonia, Mich., with a loss of 26,400 jobs between November 2005 and November 2006. Dayton, which had a job loss of 2,500 during the same period, shares the No. 4 spot with Fort Smith, Ark. While the number of jobs decreased in Dayton, so did the unemployment rate, from 5.8 percent in November 2005 to 5.6 percent during the same month in 2006. The national unemployment rate in November was 4.3 percent, down from 4.8 percent a year earlier. Top job loss areas: 1: Detroit-Warren-Livonia, Mich. — 26,400 2: St. Louis, Mo. — 3,300 3: Flint, Mich. — 3,100 4: Dayton, Ohio/Fort Smith, Ark. — 2,500 Full article at http://www.daytondailynews.com/n/content/oh/story/news/business/2007/01/03/ddn010407employment.html
January 5, 200718 yr WOW...That really is depressing!!!! To ever be thrown in the same category as Detroit, St. Louis, and/or Flint is REALLY BAAAAADDDD!!!!
January 5, 200718 yr WOW...That really is depressing!!!! To ever be thrown in the same category as Detroit, St. Louis, and/or Flint is REALLY BAAAAADDDD!!!! I'm sure dayton's robust tourism industry will take a real big hit.
January 5, 200718 yr WOW...That really is depressing!!!! To ever be thrown in the same category as Detroit, St. Louis, and/or Flint is REALLY BAAAAADDDD!!!! Hey now.
January 5, 200718 yr ^its a tough battle, most ohioans think their city is some utopian mecca upon a hill with a giant halo around it.
January 5, 200718 yr Here are the employment figures the Dayton article had referenced from the U.S. Bureau of Labor indicating the job loss from year-to-year. Yes, Dayton suffered the worst blow in the state with Delphi, UPS, and other closings. Cincinnati is rapidly growing and the best growth in the state ahead of Toledo, Columbus, Akron, Springfield, and Canton. As Weirton-Steubenville had flat growth, and Cleveland, Mansfield, Sandusky, Lima, and Youngstown all declined. Change from October November November 2005 to State and area November 2006 p 2005 2006 2005 2006p Number Percent Ohio.............................................. 5,490.8 5,496.0 5,505.0 5,506.3 1.3 .0 Akron........................................... 342.2 345.1 344.0 345.4 1.4 .4 Canton-Massillon...............................178.3 178.7 178.9 179.2 .3 .2 Cincinnati-Middletown......................1,046.7 1,056.2 1,048.9 1,059.8 10.9 1.0 Cleveland-Elyria-Mentor...................1,081.6 1,080.2 1,082.1 1,080.4 -1.7 -.2 Columbus........................................ 934.1 939.0 939.2 942.9 3.7 .4 Dayton.......................................... 410.7 409.9 412.4 409.9 -2.5 -.6 Lima............................................ 58.2 58.1 58.5 57.9 -.6 -1.0 Mansfield....................................... 59.4 58.2 59.4 58.0 -1.4 -2.4 Sandusky........................................ 39.5 39.3 38.4 38.3 -.1 -.3 Springfield..................................... 53.2 53.7 53.4 53.6 .2 .4 Toledo.......................................... 335.8 338.0 335.3 337.4 2.1 .6 Weirton-Steubenville...........................47.6 47.9 47.7 47.7 .0 .0 Youngstown-Warren-Boardman............248.0 247.1 248.9 248.5 -.4 -.2
January 5, 200718 yr ^its a tough battle, most ohioans think their city is some utopian mecca upon a hill with a giant halo around it. I would venture to say that most Ohioans think they live in the worst city on earth...hence the migration out of the state.
January 5, 200718 yr ^its a tough battle, most ohioans think their city is some utopian mecca upon a hill with a giant halo around it. Which city are you referring to? Certainly not Toledo because our local media and radicals really beat up this city with their bashing and negativities. Heaven forbid, we experience improvements in the economy they find something else to b*tch about. I love Toledo and I want to see nothing but best for our city because I think we are severely underrated in this state.
January 5, 200718 yr WOW...That really is depressing!!!! To ever be thrown in the same category as Detroit, St. Louis, and/or Flint is REALLY BAAAAADDDD!!!! Ain't that the truth, perhaps the leaders and business community of the Dayton metro start thinking outside of the box (most cases "think regionalism") and think strategically to improve in all areas basic services, schools, quality of life, tax burden, etc. I think the location of Dayton is quite unique since it sits in between Detroit/Cincinnati and Indianapolis/Columbus they should focus on logistical location for distribution, retail, commercial, and cater to the heavily traveled freeways for tourism purpose.
January 5, 200718 yr ^its a tough battle, most ohioans think their city is some utopian mecca upon a hill with a giant halo around it. Which city are you referring to? Certainly not Toledo because our local media and radicals really beat up this city with their bashing and negativities. Heaven forbid, we experience improvements in the economy they find something else to b*tch about. I love Toledo and I want to see nothing but best for our city because I think we are severely underrated in this state. on this forum, most forumers are extremely quick to bash other cities. Typically those outside of the state.
January 5, 200718 yr WOW...That really is depressing!!!! To ever be thrown in the same category as Detroit, St. Louis, and/or Flint is REALLY BAAAAADDDD!!!! I happen to like St. Louis and some parts of Detroit. Never been to Flint, so I can't say about them. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
January 5, 200718 yr ^I don't have anything against those places...but to be compared to those places in terms of job growth, crime, etc. is pretty bad. I am not bashing any of those places or Dayton (love Dayton & Detroit)!
January 5, 200718 yr Author It would be interesting to find out exactly why the employment rate is going down, even with the large job losses. Declining population? People unemployed so long they they drop off the unemployment numbers? Early retirement/buyouts? Also, I wonder why the DDN chose to base the list on raw numbers. To me, it seems like percentage change would paint a more complete picture. But then Dayton might not have been as high, so they wouldn't have had as sensational story.
January 5, 200718 yr Also, I wonder why the DDN chose to base the list on raw numbers. To me, it seems like percentage change would paint a more complete picture. But then Dayton might not have been as high, so they wouldn't have had as sensational story. That right there, I would bet is the answer to your question!!!!
January 5, 200718 yr My guess, they took the info straight from the BLS's press release (http://www.bls.gov/news.release/metro.nr0.htm), rather than delving into the data itself. The percentage change was not among the four worst nationwide, the BLS therefore didn't include it in the release and DDN therefore didn't include it in the story. Just a guess. That being said, they did miss covering a few other depressing Ohio tidbits that WERE covered in the press release. Namely: - Mansfield had the fourth largest percent decrease in employment between November 2005 and November 2006 (-2.4%), following Jackson, MI (-2.6%), Gadsden, AL (-4.0%) and Danville, VA (-4.8%). - Cleveland-Elyria-Mentor was one of only 3 large MSAs (those with average employment of 750,000 or more) nationwide that experienced declines in employment. The other two, as already noted, were Detroit-Warren-Livonia and St. Louis.
January 5, 200718 yr My guess, they took the info straight from the BLS's press release (http://www.bls.gov/news.release/metro.nr0.htm), rather than delving into the data itself. The percentage change was not among the four worst nationwide, the BLS therefore didn't include it in the release and DDN therefore didn't include it in the story. Just a guess. That being said, they did miss covering a few other depressing Ohio tidbits that WERE covered in the press release. Namely: - Mansfield had the fourth largest percent decrease in employment between November 2005 and November 2006 (-2.4%), following Jackson, MI (-2.6%), Gadsden, AL (-4.0%) and Danville, VA (-4.8%). - Cleveland-Elyria-Mentor was one of only 3 large MSAs (those with average employment of 750,000 or more) nationwide that experienced declines in employment. The other two, as already noted, were Detroit-Warren-Livonia and St. Louis. As sad as this sounds, aren't those improving numbers for Cleveland. Wasn't Cleveland the league leader in this stat at the beginning of the decade. Outside of Columbus, Dayton and Mansfield aren't these numbers improving?
January 5, 200718 yr ^its a tough battle, most ohioans think their city is some utopian mecca upon a hill with a giant halo around it. Definately not Dayton. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 5, 200718 yr WOW...That really is depressing!!!! To ever be thrown in the same category as Detroit, St. Louis, and/or Flint is REALLY BAAAAADDDD!!!! Ain't that the truth, perhaps the leaders and business community of the Dayton metro start thinking outside of the box (most cases "think regionalism") and think strategically to improve in all areas basic services, schools, quality of life, tax burden, etc. I think the location of Dayton is quite unique since it sits in between Detroit/Cincinnati and Indianapolis/Columbus they should focus on logistical location for distribution, retail, commercial, and cater to the heavily traveled freeways for tourism purpose. Dayton was the first city/metro in the country to think "regionalism," with the Miami Valley Regional Planning Commission. The problem. Apathy. We have some tourist sites but we don't sell them (not even to native Daytonians). We have many employers but we don't keep them (Delphi, Mead, apparently UPS). We have many cultures, backgrounds, historical features, music and cuisine yet we don't give a damn enough to care. It is ironic that the city with the most inventions/inventors per capita is now reduced to Simpsons episode jokes. Perhaps the bottom is coming soon... "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 5, 200718 yr ^its a tough battle, most ohioans think their city is some utopian mecca upon a hill with a giant halo around it. Which city are you referring to? Certainly not Toledo because our local media and radicals really beat up this city with their bashing and negativities. Heaven forbid, we experience improvements in the economy they find something else to b*tch about. I love Toledo and I want to see nothing but best for our city because I think we are severely underrated in this state. on this forum, most forumers are extremely quick to bash other cities. Typically those outside of the state. Hell, that's ANY urban forum. Michiganders aren't exactly the most rational towards the state to the south either... I just think it's provincial thing. "I live in X area and I know it better than Y and Z, thus I can make blatant comments about Y & Z since I don't really know them" type of thing. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 5, 200718 yr ^and those cities aren't here to "defend" themselves. Which is why typically I try to put the kabosh on such things
January 5, 200718 yr ^kabosh?!?!!?!?!?! I don't know about all of that, but I'll kabosh everything non-Ohio!!!!!
January 5, 200718 yr ^kabosh?!?!!?!?!?! I don't know about all of that, but I'll kabosh everything non-Ohio!!!!! Like Cleveland and Columbus, right? ^and those cities aren't here to "defend" themselves. Which is why typically I try to put the kabosh on such things Well bring on LMich! "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 5, 200718 yr ^kabosh?!?!!?!?!?! I don't know about all of that, but I'll kabosh everything non-Ohio!!!!! Like Cleveland and Columbus, right? While I may say negative things about Cleveland, Cbus, AND Cincy...that does not mean I dislike them! I have no MAJOR beef with ANY Ohio city...now KY is another story :laugh:
January 5, 200718 yr Louisville is nice, though. Lexingto is a gem. Maysville is a sleeper. Paducah has art. And Covington ha(d) a Jillian's. Thus, Kentucky gets a Gold Star...Chili. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 5, 200718 yr Thus, Kentucky gets a Gold Star...Chili. In the manner of ColDayMan: Trash > Gold Star Chili
January 5, 200718 yr Well, I never! "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
January 8, 200718 yr ^ yes C-Dawg is about the only regular Toledo poster here. For some longer term numbers, from the BLS website.... in raw numbers, by month, employment.... unemployment ..labor force, which seems to be declining? and unemployment rate, which seems to have a slight downward trend in it, even if it is high relative to the 1990s
January 9, 200718 yr Statistics can be very dangerous because they rarely tell you the whole picture. While the situation in Dayton certainly isn't good in terms of overall employment, there are also companies that are growing, and as manufacturing jobs are lost, other types of industry like high tech are gaining. I imagine this is true of other Ohio cities. I don't know how good or bad the attitude toward one's city is in the other Ohio cities, but I can tell you that it is horrible in Dayton. The people in Dayton are their own worst enemy. When I lived in Chicago, there was such a feeling of city pride (if you've ever met somebody from Chicago, you are probably annoyed when they sit there and talk about how great it is in Chicago). Toledo is lucky to have an overly positive newspaper (if that is indeed the case). Dayton's newspaper reflects the typical Daytonian attitude - doom and gloom. And speaking of jobs, they just announced that NCR is spinning off its highly profitable Teradata division. While the company is mum about where this new company will be based, I really hope that Dayton is at least in the running. This city can't take much more bad news...
January 9, 200718 yr ^ Holy crap! Give it another year or so and we will see place in Florida and Arizona move to the top of these list for job loses and unemployment. Florida and Arizona's auto industry (construction) is falling apart in a BIG way. Add in the decline in tourism that is being reported and you have a major economic fallout on the way.
January 9, 200718 yr In 2006, big national stories broke on Toledo's teenage prostitution rings, well-established pimp families, continued economic stagnation, Dana declaring bankruptcy, Ford leaving Maumee, OI leaving for Perrysburg, rising violent crime rates, rising gang/drug activity, Tom Noe getting sentenced to jail, etc. But to be fair, C-Dawg, you were personally responsible for the first two in that list. And possibly the second-to-last.
January 9, 200718 yr I don't know how good or bad the attitude toward one's city is in the other Ohio cities, but I can tell you that it is horrible in Dayton. The people in Dayton are their own worst enemy. When I lived in Chicago, there was such a feeling of city pride (if you've ever met somebody from Chicago, you are probably annoyed when they sit there and talk about how great it is in Chicago)...Dayton's newspaper reflects the typical Daytonian attitude - doom and gloom. And speaking of jobs, they just announced that NCR is spinning off its highly profitable Teradata division. While the company is mum about where this new company will be based, I really hope that Dayton is at least in the running. This city can't take much more bad news... Yes, the citzens here are pretty hard on the city for the most part. When we make the tops of job loss, most dangerous and foreclosure lists, it will compound bad news. Heck, even this thread underscores the situation. But somehow, I can imagine it much worse. My view in a nutshell: Job loss here is primarily due to the cut back in the blue-collar worker. We are going to bleed this way until most of these jobs are gone to the lower waged countries until capitalism balances out global economy. Most dangerous isolates itself to certain communities in the city, but tarnishes it as a whole. Foreclosures is compounded due to appraisals put through the roof and predatory lenders. As long as we have WPAFB as an anchor of technology, we have the potential to bring more technology based jobs here. So this is why it is so important for our leaders here to do what they can to use Teradata to start up the area TechTown in Webster Station. What a homerun that would be.
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