Downtown Dayton getting renewed business interest

 

 

Downtown Dayton is getting more suitors. Last year, 36 new businesses relocated or opened in downtown, and many of those are singing the praises of the district. Despite a still-high office vacancy rate, parking issues and perception problems, downtown Dayton may be poised for a business bump.

 

Of the 36 new businesses downtown, 15 were office users, leasing or buying up more than 53,000 square feet, according to the Downtown Dayton Partnership.

 

More below:

http://www.bizjournals.com/dayton/print-edition/2013/01/18/downtown-dayton-getting-renewed.html

Exclusive: Procter & Gamble eyes Dayton-area for massive project

 

Procter & Gamble is eying the Dayton region for a massive new distribution center and may have selected a location.

 

Multiple sources have confirmed that the consumer goods giant from Cincinnati has been talking to developers around the area recently about a new 2 million-square-foot distribution facility.

 

Gerry Smith, vice president with Miller-Valentine Gem Real Estate Group, said he has heard Procter & Gamble was looking for a site for a large new project in the Dayton area.

 

More below:

http://www.bizjournals.com/dayton/news/2013/08/12/procter-gamble-eyes-dayton-area-for.html

NASA boosts links with local tech firms

Director of research center makes six stops in Springfield and Dayton.

 

Figuring out how manufacturers, tech companies and universities connected with Wright-Patterson Air Force Base and Cleveland’s NASA’s Glenn Research Center can help one another in an era of sequestration is a complex question.

But in a stop a Springfield’s NextEdge technology park, the first on a day-long tour of Miami Valley, James M. Free, director of the NASA facility, said they won’t have to reinvent either the wheel or the airplane to do so.

 

http://www.springfieldnewssun.com/news/news/local/nasa-boosts-links-with-local-tech-firms/nZZYc/

Dayton gets national shout out for immigration efforts

 

The city of Dayton has received national mention for its immigrant friendly stance.

 

In a Sunday article published in the New York Times, the city was held up as an example of Midwestern cities that are adopting immigrant friendly policies to attract new populations for economic revival.

 

The article noted in particular the Welcome Dayton plan organized by the city government and Mayor Gary Leitzell, as well as the revival of the Old North Dayton neighborhood thanks to the surge of Turkish immigrants redeveloping housing there.

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2013/10/dayton-gets-national-for-immigration.html

Ailing Midwestern Cities Extend a Welcoming Hand to Immigrants

 

 

DAYTON, Ohio — Fighting back from the ravages of industrial decline, this city adopted a novel plan two years ago to revive its economy and its spirits: become a magnet for immigrants.

 

The Dayton City Commission voted to make the city “immigrant friendly,” with programs to attract newcomers and encourage those already here, as a way to help stem job losses and a drop in population.

 

In north Dayton — until recently a post-apocalyptic landscape of vacant, gutted houses — 400 Turkish families have moved in, many coming from other American cities. Now white picket fences, new roofs and freshly painted porches are signs of a brisk urban renewal led by the immigrants, one clapboard house at a time.

 

More below:

http://www.nytimes.com/2013/10/07/us/ailing-cities-extend-hand-to-immigrants.html?_r=0

Loved that article, and I think the efforts Dayton is taking to welcome and encourage immigration is fantastic! The NYT just had to assert that little tone of east coast condescension with this line, though:

 

Other struggling cities are trying to restart growth by luring enterprising immigrants, both highly skilled workers and low-wage laborers. In the Midwest, similar initiatives have begun in Chicago, Cleveland, Columbus, Indianapolis, St. Louis and Lansing, Mich., as well as Detroit, as it strives to rise out of bankruptcy.

 

And why the hell is Cincinnati not doing this...?

^maybe they dont need to?  Dayton is pretty desperate....

Springfield tourism is smokin' Fairborn...

 

Springfield tourism grows faster than Ohio rate

Springfield’s growth is astronomical compared to other regional competitors occupancy rates, including Dublin/I-270 (up 3 percent), Fairborn (up .7 percent) and Dayton (down 11.6 percent).

 

http://www.springfieldnewssun.com/news/news/local/springfield-tourism-grows-faster-than-ohio-rate/nbfhq/

About 50 Springfield workers will lose their jobs by mid January.

 

http://www.springfieldnewssun.com/news/news/local/bob-evans-sets-timeline-for-plant-closing/nbj7Q/

Is this tourism or is it people staying at hotels on an cross country drive on the interstate?

 

 

In The Heat Of The Foundry, Steinway Piano 'Hearts' Are Made

The Steinway piano company has a new owner. This fall, the investment firm Paulson & Co. — led by billionaire John Paulson — spent about $500 million and bought all of Steinway & Sons, the venerated piano maker.

The deal includes a foundry in Springfield, Ohio, where the Steinway pianos are born in fire.

 

http://www.npr.org/2013/11/09/243988349/in-the-heat-of-the-foundry-steinway-piano-hearts-are-made

New business opens in Urbana

The Champaign County Chamber of Commerce hosted a ribbon cutting Monday for the grand opening of This Olde Porch. The retail shop at 122 Miami St. in downtown Urbana offers hand-crafted gifts, accessories, antiques and home decor.

 

http://www.springfieldnewssun.com/news/news/local/new-business-opens-in-urbana/nbxq2/

Company in talks to bring up to 600 jobs to downtown Springfield

 

:clap:

 

 

Developers are in negotiations to bring a new company and hundreds of new jobs into the Springfield News-Sun building in downtown Springfield.

 

Park Hills Sentre Ltd., a local development firm with extensive property holdings in Springfield, recently announced a deal to buy the 55,000-square-foot building, at 202 N. Limestone St. The building will continue to house the Springfield News-Sun newspaper, and has housed the newspaper's operations since 1929 in a purchase-lease back agreement.

 

More below:

http://www.bizjournals.com/dayton/news/2013/12/17/company-in-talks-to-bring-up-to-600.html

PSA Airlines to hire 900 with American Airlines jet order

 

A major new jet purchase by American Airlines will nearly double the size of Dayton-based PSA Airlines, creating 900 new jobs that include hiring new pilots, flight attendants and maintenance crews.

 

With the closure of the merger between US Airways and American Airlines, the new American Airlines Group Inc. announced today a large order of regional jets, including 30 to be flown by PSA Airlines beginning next summer. As part of this, the company will increase its size from 1,100 workers to nearly 2,000.

 

PSA, a subsidiary of American Airlines Group, is based at Dayton International Airport, and the order will mean major expansion for the group. PSA had been owned by US Airways prior to the merger.

 

More below:

http://www.bizjournals.com/dayton/news/2013/12/12/psa-airlines-to-hire-900-with-american.html

Chinese manufacturer set for former GM plant in Moraine

 

One of the Dayton area's largest industrial spaces is getting a new life.

 

Sources have told me a Chinese manufacturing company plans to take over a significant portion of the former General Motors truck plant in Moraine.

 

Ohio Gov. John Kasich's office plans to make an announcement tomorrow about the user of the plant.

 

More below:

http://www.bizjournals.com/dayton/news/2014/01/09/sources-chinese-manufacturer-set-for.html

Dayton has been on a roll the past couple of months.

Dublin-based M3 Productions, a plastic injection molding and assembly company, plans to move into a warehouse on County Road 32 about a mile north of Ohio 47 in February.

 

http://www.springfieldnewssun.com/news/news/local/new-business-could-bring-up-to-90-jobs-to-region/ncyDR/

Springfield Occupancy Rates Outpace State, Region

 

Area cccupancy rates from 2012 to 2013:

11.2 percent increase — Springfield

2.1 percent increase — Dublin

0 percent increase — Columbus

1.9 percent decrease — Fairborn

5.7 percent decrease — Dayton

 

http://www.springfieldnewssun.com/news/news/springfield-occupancy-rates-outpace-others-in-regi/nczLp/

 

CareSource expands again, moving 200 workers to downtown building

 

One of downtown Dayton’s largest companies is expanding again.

 

CareSource, a nonprofit Medicaid managed care plan company, announced it will lease the entire former WorkflowOne building at 220 E. Monument Ave. in order to accommodate its growth.

 

More below:

http://www.bizjournals.com/dayton/news/2014/04/08/caresource-expands-again-moving-200-workers-to.html

What happened to WorkflowOne?

Standard Register acquired them last year.

"Urbana University has been acquired by Franklin University in an agreement that allows the smaller 164-year-old school with an estimated $30 million economic impact in Champaign County to remain open."

 

http://www.springfieldnewssun.com/news/news/local-education/financial-troubles-lead-to-purchase-of-urbana-u/nfkp6/

New P&G distribution center coming to Union

talkin' 800 jobs

http://www.bizjournals.com/cincinnati/news/2014/05/15/p-g-to-create-800-new-jobs-in-ohio.html

And another 800 new jobs opening...this time in Moraine.

 

Fuyao finalizes deal for massive Dayton plant, 800 jobs

 

 

Fuyao has officially purchased a large portion of the former GM plant in Moraine.

 

The news came via a surprise visit from Dewang Cao, chairman of the Chinese automotive glass maker.

 

More below:

http://www.bizjournals.com/dayton/news/2014/05/15/fuyao-finalizes-deal-for-massive-dayton-plant-800.html

 

Dayton is on a roll.

 

 

Springfield population continues to decline

Population drop is 10th worst in the country since 2010 census for cities larger than 50,000 people.

 

http://www.springfieldnewssun.com/news/news/local/springfield-population-continues-to-decline/nf5CN/

Speedway to buy Hess Retail, become largest convenience store chain in U.S.

 

The largest company in the Dayton region just got a whole lot bigger. Enon-based Speedway LLC has inked an agreement to acquire Hess Retail Holdings and its nearly 1,300 gas and convenience stores.

 

The deal, valued at $2.8 billion, will grow Speedway to 2,700 retail location and will make it the largest company-owned and -operated convenience store chain in the nation based upon revenue, and the second largest by store count.

 

More below:

http://www.bizjournals.com/dayton/news/2014/05/22/speedway-to-buy-hess-retail-become-largest.html

Immigrant initiative gets another national shout-out

 

Dayton’s efforts for immigration got another shout-out, this time from TIME Magazine.

 

Welcome Dayton, an initiative the city launched several years ago to be a more immigrant-friendly city, was featured in a June 5 piece for the national magazine. In it, TIME interviewed city officials and told the story of several immigrant groups, from the Ahiska Turkish community in Old North Dayton that I recently profiled, to business efforts of the Dayton Hispanic Chamber of Commerce.

 

More below:

http://www.bizjournals.com/dayton/blog/2014/06/immigrant-initiative-gets-another-national-shout.html

^Glad to see the shout-outs!

 

I was passing through North Dayton the other day and I saw a Turkish guy getting into his semi parked by his house in North Dayton. That, to me at least, was a wonderful sight and another reminder this initiative is working.

Even though the FAA rejected the joint Dayton Springfield bid to be a drone testing site, Springfield is forging on targeting the precision agriculture market.

 

http://www.springfieldnewssun.com/news/business/economy/clark-county-looks-to-lead-uav-industry/ngKYc/

More FAA wet blanketude

no deliveries, no farm monitoring

http://www.theregister.co.uk/2014/06/25/sorry_jeff_your_drones_wont_fly_faa/

Why Abbott Labs’ Tipp City plant is a bigger deal than you probably realize

 

After more than two years of fanfare, the Abbott Laboratories plant in Tipp City is officially open for business.

 

Local officials, along with top brass at the company’s Abbott Nutrition division and Lt. Gov. Mary Taylor, were at the plant on Wednesday to cut the ribbon. Although production there started recently, the first shipment of adult nutrition drink Ensure has yet to leave the new $270 million facility.

 

More below:

http://www.bizjournals.com/dayton/news/2014/06/25/why-abbott-labs-tipp-city-plant-is-a-bigger-deal.html

Could Springfield manufacture blimp drones?

http://www.springfieldnewssun.com/news/business/economy/new-blimp-drone-could-bring-manufacturing-jobs-in-/ngSYR/

Wells Fargo bank has filed a complaint seeking control of the Upper Valley Mall this week, citing concerns it won’t be to pay off the remaining $47 million of a loan.

Unless a receiver is appointed, the complaint argues, “tenants will continue to leave the premises,” and “the premises will deteriorate.”

 

http://www.springfieldnewssun.com/news/business/economy/bank-files-complaint-seeking-control-of-upper-vall/ngThR/

Sources: Up to 150 new jobs coming to Springfield

 

Up to 150 new jobs may be heading to Springfield soon as part of a company expansion.

 

Development officials would not identify the company. However, Dole Food Co. is set to go before the state on Monday for tax incentives related to a possible expansion. Several sources have said Dole is the company looking to create between 100 and 150 new jobs.

 

More below:

http://www.bizjournals.com/dayton/news/2014/08/22/sources-up-to-150-new-jobs-coming-to-springfield.html

Procter & Gamble distribution center just the tip of the iceberg, with more in the pipeline

 

 

Procter & Gamble's new 1.8 million square foot distribution center in Union will provide a shot in the arm to the Dayton regional economy, but it could be just the tip of the iceberg.

 

While not releasing names of prospective companies, local economic development officials say there is a strong pipeline of logistics and distribution projects in multiple counties across the region. Just a handful of the new and existing facilities in the region account for 2,500 jobs, with many hundreds more on the way.

 

More below:

http://www.bizjournals.com/dayton/news/2014/11/06/procter-gamble-distribution-center-just-the-tip-of.html

Fuyao’s bigger investment a signal of increased potential

 

For the Dayton region, the Fuyao deal is getting richer by the month.

 

The former General Motors plant in Moraine has been picked for its North American after-market automotive glass manufacturing facility, which will produce 4 million units of glass per year for the North American market.

 

More below:

http://www.bizjournals.com/dayton/news/2015/01/13/fuyao-s-bigger-investment-a-signal-of-increased.html

Dayton among top cities for black-owned businesses

 

Dayton has a rich history of black-owned businesses. And that still holds true today as the city has been named among the top spots in America for black-owned businesses by NerdWallet.

 

The site examined factors such as average revenue for black-owned businesses in each area, the percentage of such businesses, cost of living in the area and more.

 

Dayton ranked No. 37 on the list, which was second highest in the state behind only Columbus (No. 29).

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2015/02/dayton-among-top-cities-for-black-owned-businesses.html

AK Steel to build $36M research center in Dayton region

 

 

AK Steel will create a new 120,000, $36 million research and innovation center in Middletown.

 

The West Chester-based steel maker on Monday afternoon announced the project, which will be built on a 15-acre site located along Interstate 75.

 

More below:

http://www.bizjournals.com/dayton/news/2015/02/23/ak-steel-to-build-36m-research-center-in-ayton.html

Bombs away -- for taxpayer-subsidized defense jobs in the Sun Belt, that is: Thomas Suddes

 

Amid last week's bread (organic, of course) and circuses (Republican, for now), came the 70th anniversary of the day in 1945 when Japan surrendered, ending World War II.

 

Seemingly forgotten is this fact: The United States is still at war in Asia — and has been more or less continuously since Pearl Harbor, as the American Century morphed into the New American Century. And that calls to mind another fact: War can be good for business — some businesses, anyway.

 

http://www.cleveland.com/opinion/index.ssf/2015/08/bombs_away_-_for_taxpayer-subs.html

Dayton stakes claim as first major city in Ohio to adopt paid parental leave policy

 

The City of Dayton proclaimed it has become the first major city in Ohio to enact a paid parental leave policy for employees on Wednesday.

 

A message posted on the city's Facebook site said: "The City of Dayton is the first major city in Ohio to adopt a paid parental leave policy. Mayor Nan Whaley announced the policy this morning, which allows all permanent full-time or permanent part-time employees who work 35+ hours per week to take up to six weeks of continuous leave in order to provide parental care immediately following the birth or adoption of a child."

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2015/08/dayton-stakes-claim-as-first-major-city-in-ohio-to.html

Dayton (Columbus, & Cleveland) metro among Top 50 nationally for black-owned businesses

 

The Dayton region ranks No. 44 among the best places in the U.S. for black-owned businesses, according to a recent report by personal financial website NerdWallet.

 

The rankings of 107 U.S. metros are based on multiple factors such as the overall economic health of the area, the median income for the black population, the percentage of black-owned businesses and the average revenue per year for black-owned businesses.

 

In Dayton, 7.2% of businesses are black-owned.

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2015/08/report-dayton-metro-among-top-50-nationally-for.html

Best Places for Black-Owned Businesses

 

With over 100 employees and eight locations nationwide, Thor Construction is one of the largest black-owned construction companies in the U.S.

 

The company built a giant volcano outside the Mirage Hotel and Casino in Las Vegas, set up a mozzarella cheese factory for Davisco Foods in Lake Norden, South Dakota, and is working on the Minnesota Vikings new stadium in Minneapolis, which is scheduled to open in July 2016. After the January 2010 earthquake in Haiti, the company rebuilt 750 homes in the devastated Caribbean country under a U.S. government contract.

 

Full list below:

http://www.nerdwallet.com/blog/small-business/best-places-for-black-owned-businesses/

Job searching? Columbus is hot, but not the hottest

 

For job-searching Ohioans, Columbus may be a hot market but it doesn’t provide the best opportunity for landing employment over the next three months, says a Manpower Employment Outlook survey.

 

That claim belongs to Dayton.

 

More below:

http://www.bizjournals.com/columbus/blog/2015/09/job-searching-columbus-is-hot-but-not-the-hottest.html

Downtown Dayton lands new company

 

 

A locally based record company moved to downtown Dayton and is one of the first tenants to move to a section of Third Street that was bought out by developers looking to revitalize the Fire Block.

 

Rockathon Records, a music production and distribution company for indie rock musician Robert Pollard, outgrew its 700-square-foot home at 3325 Stanley Avenue and moved Dec. 19 to its new 1,000-square-foot home .

 

More below:

http://www.bizjournals.com/dayton/blog/morning_call/2015/12/downtown-dayton-lands-new-company.html

Lexis Nexis to open software center in NC

Move will affect Dayton-area employment

http://www.mydaytondailynews.com/news/news/lexis-nexis-to-open-software-center-in-nc/np8gX/

New program to promote downtown Dayton first floor tenants

 

A new pilot program will help create more move-in ready first floor spaces in downtown Dayton.

 

The program, headed up by the Downtown Dayton Partnership and funded by a $25,000 Dayton Power & Light grant, will connect Sinclair Community College student interns with downtown firms The Architectural Group and Helmig Lienesch to accomplish the technical work to prepare a first floor space for a tenant.

 

More below:

http://www.bizjournals.com/dayton/news/2016/01/25/new-program-to-promote-downtown-dayton-first-floor.html

Taylor Corp. to keep former Standard Register headquarters in Dayton

 

 

Taylor Corp. is keeping the former Standard Register headquarters in Dayton in a deal with the city that entails significant upgrades to the Dayton site in what is considered a big win for the region. However, the company may have several hundred fewer employees than previously worked there.

 

Taylor Communications Inc. — the former Standard Register headquarters operation — is staying at its current location in Dayton, after reaching a deal with the city, Montgomery County, Dayton Development Coalition, JobsOhio and the Ohio Development Services Agency.

 

More below:

http://www.bizjournals.com/dayton/news/2016/04/28/taylor-corp-to-keep-former-standard-register.html

Retailer moving headquarters to downtown Dayton

 

 

A prominent Dayton retail chain will move its headquarters to downtown Dayton.

 

Developers of the Water Street District announced Tuesday morning that Shops by Todd is coming to the mixed-use development.

 

More below:

http://www.bizjournals.com/dayton/news/2016/06/07/dayton-retailer-moving-headquarters-to-downtown.html

EF Hutton world headquarters to bring new life to downtown Springfield

 

 

EF Hutton's plan to bring its world headquarters and 400 new jobs to Clark County will be the first step in the process that reinvents a prestigious brand in the financial services world — and downtown Springfield in the process.

 

Christopher Daniels, CEO of EF Hutton, said an event would take place Friday morning to cut the ribbon on 1 Main Street. That's the new name for One South Limestone, downtown Springfield's tallest building, which will be bought by EF Hutton to use as its global headquarters, said John Detrick, a Clark County commissioner.

 

More below:

http://www.bizjournals.com/dayton/news/2016/09/01/ef-hutton-world-headquarters-to-bring-new-life-to.html