April 26, 200916 yr Q1 profits rise sharply at Cheviot The Enquirer • April 24, 2009 http://news.cincinnati.com/article/20090424/BIZ01/304240080/1076/BIZ Cheviot Financial Corp reported first quarter profits more than tripled to $293,000 largely due to lower lending costs from a year ago. The parent of Cheviot Savings Bank said net interest income rose 15.9 percent to almost $2.5 million, while other income nearly quintupled to $231,000. General, administrative and other costs rose 9.5 percent to almost $2 million and the company set aside $337,000 to cover potential losses on loans, a 28.1 percent increase from the same period last year. Shares in Cheviot, which has six branches in Hamilton County, closed at $7.31, up 66 cents or 10 percent.
May 11, 200916 yr CSC to close West Chester facility, idle 112 Dayton Business Journal, May 8, 2009 Computer Sciences Corp. will close its mail transportation equipment service center in West Chester, the company said in a filing with the Ohio Department of Job and Family Services. The facility, on Meridian Way, is expected to close by July due to the loss of a contract, according to the filing. That will affect 112 jobs, most in the material handing category. The company said in its filing that the closure might be permanent, but it did not elaborate. Computer Sciences Corp. (NYSE: CSC), based in Falls Church, Va., has 92,000 employees in 80 countries. The company operates six other mail transportation equipment service centers.
May 11, 200916 yr 5 hopefuls for every 1 Cincinnati job opening Business Courier of Cincinnati - by Dan Monk When Larry Renner lost his job in 1993, he left GE Aircraft Engines on a Friday and landed a new job with PCS Technologies the following Monday. Two months ago, Renner was laid off by Fidelity Investments. Since then, he has discovered that Cincinnati’s 2009 labor market is light years from 1993. “It’s a hard pill to swallow,” said Renner, a West Chester resident with 20 years of management experience, including five as vice president of product strategy at the Fidelity campus in Covington. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2009/05/11/story1.html
May 12, 200916 yr Greyhound sending jobs to FirstGroup in Cincy http://cincinnati.bizjournals.com/cincinnati/stories/2009/05/11/daily18.html Greyhound Lines Inc. will move an undetermined number of jobs to parent FirstGroup Americas Cincinnati headquarters, according to a report in The Dallas Morning News.
May 14, 200916 yr The following Chrysler Corp. dealership are closing in the Cincinnati area: C=Chrysler; J=Jeep; D=Dodge; T=Dodge Truck JOE KIDD DODGE INC 1065 OHIO PIKE CINCINNATI, OH 45245-2399 DT WULLENWEBER MOTORS INC DBA WULLENWEBER CHRYSLER JEEP 6315 HARRISON AVENUE CINCINNATI, OH 45247 JC CINCYAUTOS, INC. DBA UNIVERSITY CHRYSLER JEEP DODGE 60354 4999 COLLEGE CORNER PIKE OXFORD, OH 45056-1101 CDTJ HAMILTON FAIRFIELD DODGE JEEP 790 SOUTH ERIE HIGHWAY 44355 HAMILTON, OH 45011-3999 DTJ KERRY CHRYSLER JEEP DODGE, INC. DBA KERRY CHRYSLER JEEP DODGE, INC. 701 CHAMBER DRIVE MILFORD, OH 45150 DTCJ NEW RICHMOND AUTO SALES 335 FRONT STREET NEW RICHMOND, OH 45157-1392 CDTJ
May 15, 200916 yr Forbes.com, via Yahoo! News: America's best bargain cities These metros offer the ideal mix of affordable homes, low unemployment, and decent salaries. Cincinnati is tied with Indianapolis at #5. Not that I put much stock in these little Forbes stories, but it's never a bad thing to see some good press for the city, along with a nice pic of the Cincy skyline on the Yahoo! front page.
June 30, 200915 yr Cincinnati metro jobless rate at 9.4% in May http://www.bizjournals.com/cincinnati/stories/2009/06/29/daily17.html The Cincinnati-Middletown area was one of three Ohio metropolitan areas with an unemployment rate below 10 percent in May, according to the Bureau of Labor Statistics. The Cincinnati metro posted a 9.4 percent rate, up from 9.1 percent in April. That was topped only by Columbus, with a rate of 8.3 percent, up from 8.2 percent the month before. Akron also stayed in the single digits, at 9.8 percent, unchanged from April. Every other Ohio metro area topped 10 percent, with the highest rates in Mansfield and Toledo, both at 13.1 percent. The statewide jobless rate for May was 10.4 percent, compared to 10.2 percent in April, according to the bureau. In Kentucky, Lexington-Fayette was the only metro area in the single digits, with a rate of 8.3 percent, up from 7.6 percent in April. Louisville-Jefferson County’s rate was 10.2 percent, versus 9.4 percent the month before. The Bureau of Labor Statistics is part of the U.S. Department of Labor.
July 26, 200915 yr Europe visit helps sell Cincinnati as desirable place to do business Business Courier of Cincinnati - by Barry “Chip” Wood For those who think and act strategically, challenging times offer the chance to continue establishing a foundation for growth that can be leveraged when conditions improve. That’s why the Cincinnati USA Partnership continues to aggressively pursue new business investment opportunities for our region through our domestic and international programs. Recently, I joined the partnership for part of a two-week trip to promote our region to investment prospects in the United Kingdom and France, two of Cincinnati’s most productive foreign markets. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2009/07/27/editorial3.html
July 28, 200915 yr Cheviot IGA closing by end of August By Kurt Backscheider • [email protected] • July 22, 2009 Peggy Sullivan said she's going to miss being involved in the Cheviot community and greeting her customers by their first names. She and her husband, Gary, who own the Cheviot IGA, have decided to close the neighborhood grocery store. "It's sad," said Mrs. Sullivan, who is also president of the Cheviot-Westwood Community Association. "It's sad for Cheviot, and I feel really sad for all of our longtime customers." She said she and her husband took over the remaining years of a 20-year lease on the grocery store nine years ago, but have decided not to renew the lease when it expires in October. Read full article here: http://communitypress.cincinnati.com/apps/pbcs.dll/article?AID=/C2/20090722/NEWS/907220367/
August 6, 200915 yr Cincy among 92 markets losing manufacturing jobs Business Courier of Cincinnati - by G. Scott Thomas Ninety-two of the nation's 100 biggest labor markets, including the Cincinnati area, have lost manufacturing jobs during the past five years. The cumulative loss for those markets has been 1.17 million manufacturing jobs since 2004, according to an analysis of newly released data from the U.S. Bureau of Labor Statistics by Business First in Buffalo, N.Y., a Business Courier sister paper. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2009/08/03/daily37.html
August 13, 200915 yr Cincinnati stocks soar Wednesday The Courier Greater Cincinnati Index surged to a 10-month high Wednesday as it rocketed 5 percent on the day. The index reached 108.7, its highest level since early October. A favorable Federal Reserve report spurred the broader market to gains of about 2 percent Wednesday. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2009/08/10/daily38.html NKU: Recession may be easing locally The Northern Kentucky/Greater Cincinnati Leading Economic Index rose for the second month in a row, up 0.7 percent in May to 87.9, the highest level so far this year. That’s according to the August issue of Northern Kentucky/Greater Cincinnati by the Numbers, the monthly newsletter of the Center for Economic Analysis and Development at Northern Kentucky University. The index is designed to predict the direction of the regional economy and incorporates indicators that generally change before the overall economy changes. High points in the index included an increase in the average weekly hours worked in manufacturing and the Cincinnati purchasing managers index, according to the article. Read full article here: http://cincinnati.bizjournals.com/cincinnati/stories/2009/08/10/daily36.html
November 4, 200915 yr Boone shelves Greenways study By Mark Hansel, Cincinnati Enquirer, November 3, 2009 The Boone County Planning Commission has shelved the controversial Greenways and Trails Study. Read more by clicking the above hyperlink.
November 6, 200915 yr GE Aviation to put $200M into expansion Business Courier of Cincinnati State incentives worth $100 million and another $1 million from the village of Evendale will help GE Aviation complete its $200 million headquarters renovation, the company said Thursday. Gov. Ted Strickland was on hand as GE Aviation unveiled plans to modernize its more than 60-year-old facility in Evendale. MORE.... http://cincinnati.bizjournals.com/cincinnati/stories/2009/11/02/daily54.html
November 6, 200915 yr More details on GE..... GE details Evendale plant revamp By Mike Boyer • [email protected] • November 6, 2009 EVENDALE - A vision of a world-class, 21st Century manufacturing, engineering and research campus emerging from a World War II-era industrial plant is behind the $200 million revitalization plan for GE Aviation's headquarters. "This is a new era," said David Joyce, GE Aviation president, at an event Thursday where company, state and local officials revealed the plan. "We're creating the most sophisticated jet engine campus in the world from a 1940s-era facility that doesn't fit the footprint for modern aviation." http://news.cincinnati.com/article/20091106/BIZ01/911060369/GE+details+Evendale+plant+revamp
November 9, 200915 yr Europe visit helps sell Cincinnati as desirable place to do business Business Courier of Cincinnati - by Barry “Chip” Wood Isn't that the phantom tire guy from Tire Discounters?
November 17, 200915 yr 184 jobs to end with Beam plant closing By Mike Boyer • [email protected] • November 17, 2009 [url=http://news.cincinnati.com/article/20091117/BIZ01/911180336/184+jobs+to+end+with+plant+closing]http://news.cincinnati.com/article/20091117/BIZ01/911180336/184+jobs+to+end+with+plant+closing Beam Global Spirits & Wine said Tuesday it plans to close its DeKuyper Cordials bottling plant at Paddock Road and Interstate 75 in Carthage in two years and move its operations to two plants in Kentucky
November 18, 200915 yr I wonder if this has something to do with the expansion of I-75 through Valley. That whole corridor could really be up for some serious and important redevelopment. This cannot be allowed to turned into a rotting hulk of a building.
November 19, 200915 yr No, but it is because they are consolidating their plants and becoming more efficient. The expansion of Interstate 75 won't directly affect the property -- no additional ROW is being considered for that side. As for a rotting hulk, you do know that the other half of the complex is abandoned or minimally used? :) Climbed all around the other half a while back for fun...
November 19, 200915 yr Thanks. Yeah, I know the back half is pretty much abandoned and does Cincy such justice as you cross into the city at the nice Paddock Rd. overpass. The city needs to get on top of this and get it redeveloped quickly - especially the already abandoned half.
November 19, 200915 yr Thanks. Yeah, I know the back half is pretty much abandoned and does Cincy such justice as you cross into the city at the nice Paddock Rd. overpass. The city needs to get on top of this and get it redeveloped quickly - especially the already abandoned half. See Pages 48-52: http://cincinnati-oh.gov/city/downloads/city_pdf18162.pdf
November 21, 200915 yr Got this from citykin via grasscat: CityRoots in the 1100 block of Vine Street in the Gateway Quarter is closing!!!!! :(
December 18, 200915 yr Habitat for Humanity to open first Cincinnati ReStore http://www.bizjournals.com/cincinnati/stories/2009/12/14/daily49.html The article mentions the new Building Values in Northside, but didn't point out that there is a ReStore in Hamilton
December 22, 200915 yr I suppose bourbon should be produced in Kentucky. I always assumed they made there liqueurs there (such as DeKuyper, etc.) rather than Bourbon.
December 23, 200915 yr That might explain the syrupy smell, but I imagine some of those odors come from Givudan next door.
January 6, 201015 yr JFP Group projects in foreclosure By Laura Baverman • [email protected] • January 5, 2010 Four local real estate properties associated with radio mogul Terry Jacobs are in foreclosure, with claims and judgments of unpaid debt totaling $29 million. Banks filed against the properties in Hamilton County Common Pleas Court in November and December. The suits were filed against limited liability corporations associated with Kenwood-based JFP Group, a residential and commercial developer owned by Jacobs and his son Jeff. http://news.cincinnati.com/article/20100105/BIZ01/1060360/JFP+Group+projects+in+foreclosure
January 8, 201015 yr UPS to close Queensgate office The Courier Journal and The Enquirer • January 8, 2010 http://news.cincinnati.com/apps/pbcs.dll/article?AID=/AB/20100108/BIZ01/1090334/ The cuts mean UPS will close by April its Kentucky district office in Queengate that employs an estimated 40 to 50 management and administrative workers.
January 8, 201015 yr Cincinnati among tops for home price gains Business Courier of Cincinnati http://cincinnati.bizjournals.com/cincinnati/stories/2010/01/04/daily49.html?surround=lfn
January 9, 201015 yr I suppose bourbon should be produced in Kentucky. I always assumed they made there liqueurs there (such as DeKuyper, etc.) rather than Bourbon. This is where they make their liqueurs such as Apple Pucker, Schnapps, etc...
January 27, 201015 yr It is Guivaudan and here is a link to the article abastract about what goes on in there:http://www.newyorker.com/reporting/2009/11/23/091123fa_fact_khatchadourianhttp://www.newyorker.com/reporting/2009/11/23/091123fa_fact_khatchadourian
January 28, 201015 yr Cincinnati touted as consumer marketing hub By David Holthaus, Cincinnati Enquirer | January 28, 2010 The Cincinnati USA Regional Chamber wants Cincinnati to be named an Ohio "Hub of Innovation and Opportunity" in consumer marketing, a designation that could bring state funding and other assistance to expand that industry here. In his State of the State speech Tuesday, Ohio Gov. Ted Strickland announced Ohio's eight largest cities, including Cincinnati, were eligible to apply for the hub status. Designation as a hub city means "We will provide planning money and development assistance to further build connections between industry strengths anchored in the urban core and the surrounding region," Strickland said. The chamber's economic development arm, the Cincinnati USA Regional Partnership, plans to take the lead in making the application, said Doug Moormann, president of the Partnership. The effort would build on an existing project to capitalize on the region's consumer marketing expertise at Fortune 500 firms Procter & Gamble, Macy's and Kroger, as well as numerous smaller firms, to create jobs and attract talent. Read full article here: http://news.cincinnati.com/article/20100128/BIZ01/1280320/1055/NEWS/Cincinnati+touted+as+consumer+marketing+hub
February 2, 201015 yr Keller Williams relocates to historic Columbia Tusculum neighborhood By Randy A. Simes, Soapbox Cincinnati | February 2, 2010 http://soapboxmedia.com/devnews/0202kellerwilliams.aspx Keller Williams Realty made the decision to relocate their realty group to Cincinnati's historic Columbia Tusculum neighborhood in late 2009. Since that time the company has reportedly outpaced other local markets by 30 percent. The relocation brings Keller Williams Realty to Columbia Square which was developed by Cincinnati-based Al Neyer Inc. The mixed-use development features 30,000 square feet of retail space, restaurants, and 43,000 square feet of Class A office space that includes 30 executive parking spaces on the first floor of the four story structure. "When the City partnered with Al Neyer Inc. to develop this project, we were hoping to be able to attract office tenants like Keller Williams Real Estate," said City Manager Milton Dohoney. The realty group has leased 5,600 square feet of space and becomes the office building's first major tenant. Inside, the Keller Williams Realty space serves as the home base for 104 agents and 22 permanent agents with dedicated office space. The new space also serves as a training center for all of Keller Williams Realty's agents in the Cincinnati area. The City of Cincinnati helped make major improvements, that included new streetscaping, to Columbia Parkway and Delta Avenue when Columbia Square was developed in 2005. Additionally, the City maintains ownership of the surface parking lot in the center of the development that serves as parking for not only the Columbia Square development, but also the entire Columbia Tusculum business district. "We can now see the mixed-use development concept at work, with Keller Williams’ 104 real estate professionals supporting the restaurants, fitness facilities, and other service businesses both in Columbia Square and in the surrounding business district," said Dohoney.
February 4, 201015 yr Twin River Technologies changes hands, name Business Courier of Cincinnati http://cincinnati.bizjournals.com/cincinnati/stories/2010/02/01/daily23.html?surround=lfn Its Este Avenue facility, a former Procter & Gamble plant, is also home to one of the country’s largest biodistillate plants, which produces biodiesel fuel.
February 10, 201015 yr I don't like seeing any jobs lost, but it is tough to feel sorry for West Chester. Luxottica closing West Chester plant Business Courier of Cincinnati Eyeglass maker Luxottica Retail will shut down its West Chester manufacturing operations in spring, eliminating 60 jobs. The company said in a filing with the Ohio Department of Job and Family Services that the facility, on International Boulevard, will be closed on April 16. http://cincinnati.bizjournals.com/cincinnati/stories/2010/02/08/daily29.html
March 10, 201015 yr Author 11 months in a row more than 100,000 are unemployed(collecting unemployment checks). First time since 2003 that the region went under 1 million jobs. Total documented unemployed is 120,200.
March 21, 201015 yr I figured this would be a good place to get a few looks on a start up I am involved with. This part of the business is the hosting and web development, specifically e-commerce sites with a lot of product feeds. We also do Ajax, PHP, LAMP, and other business intelligence contract work. Any support/feedback would be most appreciated! www.snazflash.com
March 25, 201015 yr Can't say that I am surprised of this notice as everything but their cards were way overpriced: Everheart closing at Tower Place Card and gift shop Everheart, which opened last year at Tower Place Mall, will close its doors April 16, a store employee said. "It's just fate, as usual, keeping its bargain and screwing us in the fine print..." - John Crichton
March 29, 201015 yr Bigg's to exit Cincinnati market Business Courier of Cincinnati Remke Markets and Supervalu, parent of Bigg’s supermarkets, announced that Remke will purchase six Cincinnati-area Bigg’s stores and their pharmacies, as the chain exits the Cincinnati market. The remaining five Bigg’s stores will close before the end of June, the two grocery chains said in a Monday news release. Bigg's employs about 1,600 in Greater Cincinnati, according to Courier research. (...)
March 29, 201015 yr This is actually the second time (at least) that Remke's has tried to make a move into Cincinnati. It looks like most of the closures are on the west side or were hypermarkets. They clearly couldn't compete with Meijer and Walmart. The survivors were mostly their recently redone grocery stores. I miss Bigg's here in Columbus.
March 29, 201015 yr I'm surprised Union Center is closing. I thought everything in West Chester turned to gold.
March 29, 201015 yr Remke is keeping the "real" Westside stores. ;-) I, too enjoy that Remke is sticking it to Mason and West Chester. Colerain and Harrison are too far west for me. My KY co-workers love Remke. I'll get to find out soon enough. The two Westside stores are barely two/three miles from each other. Remke will purchase the following bigg’s stores: * 3240 Highland Ave., Columbia Township. * 5071 Glencrossing Way, Westwood. * 5218 Beechmont Ave., Anderson Township. * 3872 Paxton Ave., Oakley. * 9600 South Mason-Montgomery Road, Mason. * 5025 Delhi Road, Delhi Township. biggs stores closing * 4450 Eastgate Blvd., Union Township. * 10501 New Haven Road, Harrison. * 8340 Colerain Ave. Colerain Township. * 4824 Union Center Blvd., West Chester. * 4874 Houston Road, Florence.
March 29, 201015 yr I am a huge fan of Cincinnati Bell. I just thought I would state that for all and sundry to see. The folks at The Bell Store in Hyde Park are clever and really know how to please customers. I just wish that CB handled iPhones. Then my life would be perfect, at least my telecommunication life would be perfect.
March 29, 201015 yr Remke brings associations of Rumpke. Not good advertising for a place to buy food. :-)
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