November 13, 200618 yr Ohio's now a leader in fuel cells Industry could bring in thousands of jobs Sunday, November 12, 2006 John Funk Plain Dealer Reporter As its old-line industries have failed, Ohio has tried to create a climate for high-tech manufacturing. Now, after plowing about $52 million into research and other subsidies, the state is emerging as a leader in the fuel cell industry. ... http://www.cleveland.com/business/plaindealer/index.ssf?/base/business/116332403898560.xml&coll=2
December 1, 200618 yr Not what I expected. How do we turn this into a turnaround? _______________ from Cleveland.com Ohio ranked 1st for manufacturing ability 10:25 a.m. Ohio ranked first among all states in a research group's assessment of manufacturing competitiveness. The Chicago research firm, eMvoy, evaluated 100,000 companies on factors including technology, stability and Web presence, and then distilled that information to create the state rankings. The company rates manufacturers to sell its services to industrial purchasing agents. ... Top 10 states in manufacturing competitiveness 1. Ohio 2. Illinois 3. Michigan 4. Pennsylvania 5. Texas 6. Wisconsin 7. Minnesota 8. Indiana 9. New York 10. California SOURCE: eMvoy (for full list, click here http://www.emvoy.com/state/list.html ) "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
December 2, 200618 yr I like Ohio being called part of the great lakes region and not the midwest. I like this because when you go to NYC, everyone acts like the Midwest is fool of Bible-thumping crazies. The Great Lakes Region sounds more refined to me. We like sailboats and freighters.
December 2, 200618 yr I like Ohio being called part of the great lakes region and not the midwest. I like this because when you go to NYC, everyone acts like the Midwest is fool of Bible-thumping crazies. The Great Lakes Region sounds more refined to me. We like sailboats and freighters. No, NYers think the world revolves around them. I laugh in their faces...ok..I laugh over their heads, but you get the picture. To them the south is full of rednecks, except Miami and the Midwest is fly over country.
December 2, 200618 yr ^^ Hey, all I know is some kid from Jersey tried to convince me that Ohio was in the Bible Belt, and I referred him to his 6th Grade Social Studies class.
December 2, 200618 yr ^^ Hey, all I know is some kid from Jersey tried to convince me that Ohio was in the Bible Belt, and I referred him to his 6th Grade Social Studies class. the key word in that sentence is "Jersey"........say no more!
December 6, 200618 yr From the 11/15/06 Zanesville Times Recorder: Lear employees concerned about more layoffs By BRIAN GADD Staff Writer ZANESVILLE - Lear Corp. employees, steeling themselves for more pending layoff announcements, met Tuesday at the Machinists' Hall on Bluff Street for an information session with union representatives. Mark Chema, president of Local 1628 of the International Association of Machinists and Aerospace Workers, said the company was set to lay off between 25 to 30 workers this week, bringing this year's total to nearly 200. ... http://www.zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20061115/NEWS01/611150305/1002
December 6, 200618 yr From the 11/29/06 Zanesville Times Recorder: Lear layoffs could continue into next year By BRIAN GADD Staff Writer ZANESVILLE - Layoffs at the Lear Corporation's Linden Avenue plant could continue through the first of the year, and bottom out employment rolls in the 200 range, a labor official said Tuesday. "The layoffs are going to continue to happen down to a certain amount of people, is what we're hearing from the company," said Mark Chema, president of Local 1628 of the International Association of Machinists and Aerospace Workers (IAMAW) in Zanesville. "We're basically cutting down to two main areas of electronics." ... http://www.zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20061129/NEWS01/611290304/1002/rss01
December 13, 200618 yr From the 12/2/06 ABJ: Rolls-Royce fuels Ohio's tech plans Jackson Twp. to be fuel-cell unit's U.S. base By Paula Schleis Beacon Journal business writer At the start of the millennium, a consortium of Ohio business, academic and political leaders decided the state would become the nation's leader in fuel-cell development. They must be getting close. Rolls-Royce plc, a global supplier of power systems based in England, is opening the U.S. headquarters of its fuel-cell subsidiary in Jackson Township. ... http://www.ohio.com/mld/ohio/business/16147890.htm?source=rss&channel=ohio_business
December 13, 200618 yr From the 12/5/06 (UA) Buchtelite: UA research paves way for fuel alternative New coal fuel technology will be more efficient, cleaner and cheaper, university says by Joe Habbyshaw Buchtelite News Reporter Staff [email protected] The University of Akron has received close to $1.3 million to research and develop new fuel cells. The latest grant was received to develop a five kilowatt coal-based fuel cell. New technology using coal will lead the way for a reliable and affordable alternative source of energy. The new C-fuel cell, or carbon fuel cell, converts oxygen into carbon dioxide through an electrochemical reaction, which generates power. ... http://www.buchtelite.com/2006/1205/news_05.shtml
December 19, 200618 yr From the 11/27/06 ABJ: Ohio tax reaps more than expected Businesses believe reduction may be appropriate. Local governments, schools beg to differ By Dennis J. Willard Beacon Journal Columbus Bureau COLUMBUS - The new state tax on gross receipts, known as the Commercial Activity Tax, is bringing in about 20 percent more money than expected, and those unanticipated millions will automatically prompt a review by lawmakers and the governor's tax commissioner next year. Competing interests are following the developments. Businesses that pay the tax are suggesting that if the trend continues, then a reduction may be appropriate.... Dennis J. Willard can be reached at 614-224-1613 or [email protected]. http://www.ohio.com/mld/ohio/news/state/16106239.htm?source=rss&channel=ohio_news
December 29, 200618 yr From the 11/16/06 DDN: Mass layoffs down but Ohio still 5th highest for claims The state is still the fifth highest in initial unemployment claims, according to a report. By Lisa A. Bernard Staff Writer Thursday, November 16, 2006 Mass layoffs decreased slightly in the third quarter in Ohio compared to this time last year, with figures that placed the state as the fifth highest in the nation for initial unemployment claims, according to a report by the federal Bureau of Labor and Statistics. The national unemployment in the third quarter was 4.7 percent, a decline from last year's rate at 5.0 percent. Initial unemployment claims in Ohio in the third quarter were 5,452, due to 37 mass layoff events. This was largely due to layoffs in transportation equipment manufacturing and construction, the bureau reported. Unemployment by industry Industries with the highest number of initial unemployment claims nationally: Construction: 13,945 Manufacturing: 37,030, of which 12,379 are related to transportation equipment Administrative and waste services: 13,105 Unemployment by state Four states accounted for 53 percent of the total mass layoff events during the third quarter: State, Layoffs California, 29,692 Florida, 21,002 Illinois, 13,052 New York, 8,311 http://www.daytondailynews.com/n/content/oh/story/news/local/2006/11/15/ddn111606masslayoffs.html
December 29, 200618 yr From Business First of Columbus, 12/22/06: Ohio at fifth in the country for mass layoffs Business First of Columbus - December 22, 2006 Large-scale layoffs in Ohio rose last month compared with October, although the jobs picture was brighter than November 2005. For the year so far, Ohio ranks fifth nationally for the most claims filed for unemployment benefits as a result of mass layoffs, defined by the U.S. Labor Department as involving at least 50 workers. Ohio companies reported 39 large-scale layoffs in November, resulting in 5,275 initial claims. In October, Ohio had 35 events resulting in 2,890 claims, and in November 2005 it had 52 events leading to 5,607 claims. The number of claims filed in the state year-to-date has dropped to 64,443, from 100,106 filed from January through November 2005. California leads the country with 283,059 claims filed from January through November. Nationally, there were 1,208 mass layoffs last month affecting 136,415 workers, compared with 1,183 layoffs affecting 113,724 workers in November 2005. The bureau releases mass layoff statistics on a monthly and quarterly basis. http://columbus.bizjournals.com/columbus/stories/2006/12/18/daily37.html?surround=lfn
January 24, 200718 yr From the 12/16/06 Dispatch: PHOTO: Charles E. Lucius, vice president of fuel-cell development at Battelle, shows how his 700-pound Multi-Purpose Fuel Cell Power System can light four computer monitors and a Christmas tree. GRAPHIC: How a fuel cell works Battelle has high expectations for refining hydrogen fuel cell Saturday, December 16, 2006 Mike Lafferty THE COLUMBUS DISPATCH Battelle hopes its portable hydrogen fuel cell will someday help the military win battles. But when it came time to show off the technology in the lab this week, the research giant proved that it could, at least, run a bunch of computers and a 6-foot-tall, light-laden, fake fir. That achievement might earn a smirk, but it’s no small advance for a technology that, in the next couple of decades, could power homes and cars. ... http://www.dispatch.com/news-story.php?story=dispatch/2006/12/16/20061216-E1-02.html
January 24, 200718 yr From the 1/8/07 ABJ: An industry powers up Statewide coalition is positioning Ohio as global destination for fuel-cell business By Paula Schleis Beacon Journal business writer The architects of Northeast Ohio's economic makeover have their hands full, trying to get everyone to see the invisible threads that bind. It's no easy thing to communicate how the health of businesses in Cleveland can affect Akron, how successful startups in Youngstown could benefit Medina, how the work of an entrepreneur in Canton might lead to job creation in Kent. ... http://www.ohio.com/mld/ohio/business/16389258.htm?source=rss&channel=ohio_business
January 24, 200718 yr From the 1/20/07 DDN: PHOTO: Precision Energy and Technology president Thomas J. Willis shows a membrane electrode assembly, top, and complete fuel cell. Willis' company produces the membrane electrode assemblies on the machine behind him. Ty Greenlees/Staff photo New technology may boost alternative-energy fuel cells A machine developed in Kettering with public and private funds could allow high-volume production. By John Nolan Staff Writer Saturday, January 20, 2007 KETTERING — Advocates are hoping that a machine developed through a state-funded program to improve manufacturing of fuel cells and their components will boost its production of alternative energy sources. Thomas J. Willis, a Miamisburg businessman who is a private partner in the project, plans to use the machine for high-volume production of a component membrane used in one type of fuel cell. ... http://www.daytondailynews.com/n/content/oh/story/news/business/2007/01/19/ddn012007fuelcell.html
January 26, 200718 yr From the 12/16/06 Zanesville Times Recorder: Up to 40 Lear workers to lose jobs in June By GI SMITH Staff Writer ZANESVILLE - Between 30 and 40 union workers at the local Lear Corp. facility will lose their jobs in six months as part of the company's decision to combine two molding departments into one. "We don't feel it's newsworthy," said Mel Stephens, a Lear spokesman, in response to the question of how many workers will be laid off and why the layoffs were necessary. ... http://www.zanesvilletimesrecorder.com/apps/pbcs.dll/article?AID=/20061216/NEWS01/612160305/1002/rss01
January 26, 200718 yr From the 1/12/07 Fremont News-Messenger: Lear plant future shaky Employees wary of possible outcomes; 1 is closing By LESLIE BIXLER Staff writer Lear employees could find out any day what the future holds for the Fremont Lear Corp. plant, and if it will become part of a merging deal or will end up closing. According to Chris Katz, a general machine operator at the plant, and president of UNITE-HERE Local 1448, if the local plant is chosen to remain open, it will merge with International Automotive Components Group North America LLC. ... http://www.thenews-messenger.com/apps/pbcs.dll/article?AID=/20070112/NEWS01/701120301/1002/rss01
February 3, 200718 yr Van Wert makes bid for Rolls-Royce facility BY TIM RAUSCH - Feb. 2, 2007 VAN WERT — Van Wert officials hope to lure Rolls-Royce to a site once designated for a Honda plant. Van Wert joined 14 other communities in Ohio bidding for a new Rolls-Royce plant, which could make jet engines. Thursday was the deadline for eight states to submit site proposals to the company, which wants to build a new manufacturing facility to support its growth... http://www.limaohio.com/story.php?IDnum=34802
February 3, 200718 yr Van Wert site cut out of the running for Rolls-Royce facility BY TIM RAUSCH - Feb. 3, 2007 VAN WERT — Van Wert’s mega-site did not make the cut. Van Wert County’s economic development director said state officials told her Friday that the county’s bid for a Rolls-Royce manufacturing site won’t reach the company. The site that was a finalist in Honda’s quest for an assembly plant was not a finalist in the list of sites Ohio submitted to Rolls-Royce, Nancy Bowen said... http://www.limaohio.com/story.php?IDnum=34862
February 11, 200718 yr High-quality work force could help land a plant Sunday, February 11, 2007 Paul Wilson THE COLUMBUS DISPATCH In an auto industry in which many of the players are stalled or stuck in reverse, Toyota stands out. The Japanese automaker is gaining sales in the United States so quickly that it expects to need several more assembly plants in the years ahead. It’s the kind of forecast that makes states lust after the new jobs in the offing. None likely fits that description better than Ohio, which has been ravaged by manufacturing job losses in recent years and could struggle to keep the thousands of General Motors and Ford jobs that remain in the state. But here’s the catch: Toyota and Ohio have never made a match for a manufacturing operation. Full story at: http://dispatch.com/business-story.php?story=dispatch/2007/02/11/20070211-G1-00.html
February 12, 200718 yr A question remains: If the state has maintained a relationship with Toyota for years, why is the automaker still on the list of companies without an operation in Ohio? Historically, Toyota and Honda have been bitter rivals. But practical reasons might be more responsible than turf battles for keeping Toyota out of Ohio in past years, Cole said. Cole theorized that Toyota probably ruled out central Ohio, figuring good workers would be too difficult to find because of Honda. That kind of thinking, and pro-union histories, probably meant Toyota never really considered northern Ohio or the Dayton area, historic strongholds for domestic automakers. But massive job cuts in recent years by U.S. companies has reduced the United Auto Workers’ clout. That, combined with overseas automakers looking to the Midwest for better workers, changed the math, Cole said. [email protected] I wonder if there is any truth to that, or if the Columbus Dispatch is just dropping antiunion propaganda into their article.
February 25, 200718 yr New business-tax revenue beating estimates Commercial Activity Tax gaining support Sunday, February 25, 2007 Mark Niquette and Jim Siegel THE COLUMBUS DISPATCH The hissing began almost immediately after the state proposed creating a new business tax in 2005, called the Commercial Activity Tax, as part of an overhaul of its tax code. Retailers and other businesses with high sales but low profit margins hated it, saying it unfairly taxed their receipts even if they made no money. Many candidates running for governor last year also talked of scrapping the CAT or changing it dramatically. Read More... And related story: OHIO TAX OVERHAUL Benefits tangible; so is lost revenue Some firms investing, but early results mixed Sunday, February 25, 2007 Mark Niquette THE COLUMBUS DISPATCH Gary W. James doesn’t hedge when asked whether the sweeping tax cuts and other changes the state made to its tax code in 2005 are working. Without them, nearly $4 million in equipment and more than 50 new workers at his Dynalab plant in Reynoldsburg would have gone to a nearby state or the South instead, he says. "It’s working for us, there’s no question about it," James, Dynalab’s president, said last week while standing in what had been an empty warehouse. Read More...
March 2, 200718 yr Magazine features Ohio as business-growth mecca CINCINNATI BUSINESS COURIER | March 1, 2007 A magazine that focuses on business moves and expansions is hailing Ohio as a leader in economic development. Site Selection magazine awarded the state its Governor's Cup, ranking it No. 1 in the United States for company growth and expansion. Ohio is featured in the March issue of the magazine, according to a news release from the Ohio Department of Development. .. http://cincinnati.bizjournals.com/cincinnati/stories/2007/02/26/daily47.html?surround=lfn
March 2, 200718 yr Here is the story from the magazine's website Ohio is 2006 Governor's Cup Champion MARK AREND | [email protected] March 2007 Ohio has reclaimed the Governor's Cup for new and expanded facilities announced in 2006, ending Texas' two- year run of winning the '04 and '05 cups – when the Buckeye State finished second. Ohio's winning the 2006 Governor's Cup is one bookend on the Texas story; the other one is the 2003 Governor's Cup, which Ohio also won. But just eight years ago, in 1995, Ohio completed a three- year winning streak it would no doubt like to repeat. The magic number for Ohio this year is 431, which is down from the nearly 600 qualifying projects it logged the previous year. But all state numbers for 2006 are down due to a slight change in the tallying process... http://www.siteselection.com/
March 2, 200718 yr Here is the Top Ten list from the rankings (# of facilities): 1. Ohio (431) 2. Texas (363) 3. North Carolina (316) 4. Virginia (281) 5. Georgia (267) 6. Illinois (251) 7. Alabama (227) 8. Michigan (225) 9. Florida (223) 10. New York (207)
March 11, 200718 yr New man, new plan Strickland says Ohio’s economy needs to break some bad habits Sunday, March 11, 2007 Mark Niquette THE COLUMBUS DISPATCH Growing up along the Ohio River in southern Scioto County, Gov. Ted Strickland used to tell Kentucky jokes. Those days are long gone. "We can’t tell Kentucky jokes anymore because in some very basic, fundamental ways, Kentucky has moved well ahead of Ohio educationally," Strickland said... [email protected] http://dispatch.com/news-story.php?story=dispatch/2007/03/11/20070311-A1-00.html How Ohio Ranks: Link to chart:http://dispatch.com/news-story.php?story=dispatch/2007/03/11/20070311-A4-00.html
March 11, 200718 yr http://www.toledoblade.com/apps/pbcs.dll/article?AID=/20070311/NEWS16/70311004/-1/NEWS -- ------------------------------------------------------------------------------ Article published March 11, 2007 Rival states consider economic teamwork Officials note potential benefits By JOE VARDON BLADE STAFF WRITER Each year in November, teams from two bordering states trade bone-jarring tackles, touchdowns, and insults on a single Saturday afternoon. What if on the other 364 days of the year, those two rival states were friends instead of enemies, partners instead of competitors?... Staff writers Benjamin Alexander-Bloch and Joshua Boak contributed to this report. Tomorrow: How competition between states may no longer be good for business. Contact Joe Vardonat [email protected] 419-410-5055.
March 20, 200718 yr From the 1/18/07 PD: Steel industry on the mend After hard times, local operations looking to expand Thursday, January 18, 2007 Peter Krouse Plain Dealer Reporter As a new year dawns over Northeast Ohio's steel industry, the future looks pretty bright. On Wednesday, Timken Co. announced it will pump $60 million into its Canton rolling operations. The expansion, which will create about 30 jobs and extend Timken's line of bar-shaped steel, should be completed by mid-2008. The steel will go to several uses, including parts for Japanese-brand autos. ... http://www.cleveland.com/business/plaindealer/index.ssf?/base/business/1169112620160940.xml&coll=2
March 20, 200718 yr btw, Mittal is hanging on to Weirton Chicago-based Esmark took over Wheeling-based Wheeling-Pitt and is looking to relocate its HQ to Pittsburgh... the CEO said they are anticipating being a Fortune 500 within 18 months
April 13, 200718 yr From the 1/25/07 DDN: Ohio has fourth most mass layoffs in U.S. Dayton Daily News Thursday, January 25, 2007 Ohio ranked fourth in the nation for the most mass layoff claims in 2006, according to a U.S. Bureau of Labor Statistics report. With 317,907 filings, California recorded the largest number of claims — 21 percent of the national total. The states with the next highest numbers of claims were Michigan (127,964), Pennsylvania (89,559), Ohio (80,291), and New York (76,638). The bureau categorizes a mass layoff claim as one involving at least 50 people from the same establishment. The largest over-the-year increases in claims were reported in transportation equipment manufacturing (4,303), machinery manufacturing (2,585), and electrical equipment and appliance manufacturing (1,985). Ohio ranked fifth nationwide for having the most claims filed in the transportation equipment manufacturing business with 15,848 claims. http://www.daytondailynews.com/n/content/oh/story/news/business/2007/01/25/ddn012507layoffs.html
April 13, 200718 yr From Business First of Columbus, 2/23/07: Ohio third in U.S. for layoff claims in January Business First of Columbus - February 23, 2007 Large-scale layoffs in Ohio jumped in January compared with last year, federal officials reported Friday. In January, the state experienced 61 mass layoffs of 50 workers or more, leading to 8,883 initial claims for unemployment insurance, compared with 50 layoffs of 6,484 workers during January 2006, the U.S. Department of Labor's Bureau of Labor Statistics said. Based on the initial number of claims, Ohio ranked third-highest among the states. California led the nation with 33,560 initial claims. New York, Pennsylvania and Michigan rounded out the top five. Those states made up 52 percent of all mass layoffs and initial claims for unemployment insurance associated with those layoffs, officials said. Large-scale layoffs across the country also increased in January. The nation experienced 1,237 mass layoffs, leading to 126,370 unemployment claims, compared with 1,112 mass layoffs and 109,429 initial claims during the same period in 2006. http://www.bizjournals.com/columbus/stories/2007/02/19/daily33.html?from_rss=1
April 13, 200718 yr From the 3/22/07 Dayton Business Journal: Ohio mass layoffs up 78% from '06 Dayton Business Journal - March 22, 2007 Large-scale layoff events in Ohio last month jumped 78% February 2006, federal officials reported Thursday. The state experienced 41 mass layoffs of 50 workers or more in February, leading to 4,174 initial claims for unemployment insurance, compared with 23 events leading to 2,772 claims for insurance during February 2006. California had the highest number of claimants with 19,809, the Bureau of Labor Statistics said. Nationwide, there were 1,280 large-scale layoffs in last month, leading to 143,977 claimants, with most of those in the Midwest, where 26,603 people filed insurance claims. E-mail [email protected]. Call 222-6900. http://www.bizjournals.com/dayton/stories/2007/03/19/daily25.html?from_rss=1
April 15, 200718 yr Slim pickings Ohio devotes fewer acres to organic farming, a fact at odds with rising demand Sunday, April 15, 2007 3:38 AM By Monique Curet THE COLUMBUS DISPATCH Organic food is in demand as consumers buy more healthful items from restaurants and grocery stores. Farmers also benefit from the trend because these products usually fetch higher prices. Given those factors, why have Ohio farmers devoted fewer acres to certified-organic food production in recent years? The question is intriguing because Ohio is a state where farmland is giving way to suburbs and the number of young farmers is decreasing. In that climate, organic production could be a way to capture new markets and increase farm income. It also could bolster the buy-local movement, which supports local business and communities... [email protected] http://dispatch.com/dispatch/content/business/stories/2007/04/15/organic.ART_ART_04-15-07_G1_VK6CAOQ.html
April 15, 200718 yr "Given those factors, why have Ohio farmers devoted fewer acres to certified-organic food production in recent years? The question is intriguing because Ohio is a state where farmland is giving way to suburbs and the number of young farmers is decreasing." rule changes aside, that made me think that some organic operations may be lost to suburban sprawl just as any farms are.
April 17, 200718 yr From the 2/5/07 Washington Court House Record Herald: Rolls-Royce plant possible? Fayette County mega-site may be among those company considers Ryan Carter Staff Writer Is it possible the Fayette County mega-site, located at the intersection of Interstate 71 and U.S. Route 35, could be a potential site for a Rolls-Royce North America plant? State officials aren't saying, but are hoping to land this plant and have touted multiple Ohio sites to the company. Officials haven't revealed which sites were presented to the company... http://www.recordherald.com/main.asp?SectionID=1&SubSectionID=1&ArticleID=127335&TM=43174.86
April 25, 200718 yr From the 4/25/07 Steubenville Herald Star: $480,000 OK’d to rehab site By MARK J. MILLER, Staff writer TORONTO — The rehabilitation of the former Hancock Manufacturing plant for a possible new business was discussed during Monday’s City Council meeting. Tom Bayuzik, executive director of Progress Alliance, told council the Ohio Department of Development had approved $480,000 in matching grant funds for rehabilitation of buildings on the site of the former extruded parts manufacturer. Bayuzik added the funds would be used for the demolition of a building used as an office by the prior owner and for a new roof for the main building... (Miller can be contacted at [email protected]) http://www.heraldstaronline.com/articles.asp?articleID=13050
May 2, 200718 yr From the 2/5/07 Dayton Business Journal: Shareholder offers $2.4B to acquire Lear Dayton Business Journal - February 5, 2007 Billionaire and top shareholder Carl Icahn has made a $2.4 billion bid to buy all outstanding shares of auto-parts maker Lear Corp, the company announced Monday. Lear, which has 300 workers at a plant in Sidney, said Icahn's management company, American Real Estate Partners LP, has made the offer to acquire all of the issued and outstanding shares for $36 per share in cash. ... http://www.bizjournals.com/dayton/stories/2007/02/05/daily2.html
May 2, 200718 yr From the 3/22/07 Sandusky Register: Lear buyer sought cuts in Pennsylvania By WAYNE BAKER | Thursday March 22 2007, 5:57am HURON If Lear employees want to know what they will be asked to do under the new ownership of New York-based international financier Wilbur L. Ross, they need to look only one state away. Lear Corp. workers in Carlisle, Pa., are also owned by the billionaire nicknamed the "Bankruptcy King." ... http://www.sanduskyregister.com/articles/2007/03/22/local_news/218333.txt
May 2, 200718 yr From the 3/24/07 Sandusky Register: Huron hopes for stability from sale of Lear plant By WAYNE BAKER | Saturday March 24 2007, 4:17am HURON Huron city officials are not panicking about the sale of the local Lear plant to New York-based international financier Wilbur L. Ross. In fact, they hope it will provide more stability and opportunities for the future. Ross, 68, is chairman of the International Automotive Components Group LLC, a new joint venture among W.L. Ross & Co. LLC, New York; Franklin Mutual Advisors LLC, a subsidiary of Franklin Resources Inc., San Mateo, Calif.; and Lear. ... http://www.sanduskyregister.com/articles/2007/03/24/front/220669.txt
May 2, 200718 yr From the 4/2/07 Sandusky Register: Huron still waits on Lear buyer By WAYNE BAKER | Monday April 02 2007, 5:34am HURON Trying to track down billionaire financier Wilbur Ross is not easy. The soon-to-be owner of Lear's Huron plant is traveling abroad doing what he does best: buying businesses. ... http://www.sanduskyregister.com/articles/2007/04/02/front/230046.txt
May 2, 200718 yr From the 4/3/07 Port Clinton News Herald: Jobs safe at Lear By LESLIE BIXLER Staff writer Fremont Lear employees can breathe easy about having job security at the local plant because as of Sunday, the Fremont plant officially merged with International Automotive Components Group North America Inc. Local employees were told in December about the possibility of merging with IAC North America or closing. ... http://www.portclintonnewsherald.com/apps/pbcs.dll/article?AID=/20070403/NEWS01/70403001/1002/rss01
May 11, 200718 yr Ohio proposes divesting from international firms that do business with Iran COLUMBUS, Ohio (AP) - State pension plans in Ohio would sell their stock in companies including Nestle, Siemens AG, and Honda Manufacturing of America under a proposal to divest from international companies doing business in Iran, according to a news report. The state's five retirement funds would pull investments in about 140 companies that employ 51,740 state residents, according to the research for the State Teachers Retirement System by Institutional Shareholders Services of Rockville, Maryland, the Beacon Journal newspaper reported.
May 11, 200718 yr I hope this makes Mr Mandel feel good because it won't accomplish a thing other than, maybe alienating some businesses that employ people in Ohio. There is a lot of packaging work done for Nestle in Ohio.
May 11, 200718 yr that's right: honda supports the killing of americans. I heard it straight from their CEO.
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