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Dayton towing company honored by national magazine

Published: Monday, July 17, 2017 @ 1:52 PM


            CONTRIBUTED
CONTRIBUTED

A local towing company was honored by Tow Times magazine as a “rising star” business.

Tow Times magazine honored Brad Thoma and Brad McIntosh of Dayton-based Sandy’s Towing & Recovery with its annual Rising Stars Award. The company was given the award at the Towing & Recovery Management Summit in Nashville.

The Rising Star Award is given to a towing company owner or operator who is active in the industry, exemplifies talent and leadership, and is a role model to others, according to the magazine.

Owners Thoma and McIntosh also are active in Ohio towing associations and field weekly calls and questions from towing companies around the country.

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Meijer to sell discolored, scarred produce for reduced prices

Published: Thursday, September 21, 2017 @ 1:18 PM


            FILE
FILE

Meijer will sell packaged fresh produce that is discolored, scarred or odd-sized for discounted prices.

The Misfits program rolled out at all Meijer locations earlier this month, and customers have already purchased nearly a quarter of a million pounds of fresh, perfectly-imperfect produce. The packaged fresh produce may be discolored, scarred or odd-sized, but offers the same taste, freshness and quality of other produce the retailer carries, the company said.

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“Meijer offers more than 600 types of produce, so the Misfits program has been an incredible extension to our overall selection,” said Peter Vail,vice president of Produce, Deli and Bakery for Meijer. “There is an inner beauty of this perfectly-imperfect produce. Our customers have responded well to the produce made available through the Misfits program.”

Nearly half of the available food supply in the U.S. is never eaten, according to the National Institutes of Health, wasting an estimated 35 tons of food per year.

Misfits produce items vary week to week based on their availability and are sold at a discount of between 20 to 40 percent. Some produce has included apples, bell peppers, lemons, limes and sweet potatoes.

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Local mall owner sells off portion of Beavercreek restaurant property

Published: Thursday, September 21, 2017 @ 10:03 AM
Updated: Thursday, September 21, 2017 @ 10:14 AM


            FILE
FILE

The parent company of the Mall at Fairfield Commons has sold a restaurant outparcel near the Beavercreek shopping center.

Washington Prime Group, which owns both Dayton Mall and the Mall at Fairfield Commons, announced it has signed a definitive agreement for the sale of 41 restaurant outparcels to Four Corners Property Trust Inc. for more than $67 million.

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The 10 enclosed properties with outparcels included in the transaction are: Colonial Park Mall, located in Harrisburg, Pennsylvania; Lindale Mall located in Cedar Rapids, Iowa; Longview Mall located in Longview, Texas; Mall at Fairfield Commons located in Beavercreek, Markland Mall located in Kokomo, Indiana; Melbourne Square, located in Melbourne, Florida; Mesa Mall located in Grand Junction, Colorado; Orange Park Mall located in Orange Park, Florida; Southern Park Mall located in Youngstown, Ohio; and Sunland Park Mall located in El Paso, Texas.

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The outparcels included in the transaction are currently occupied under leases with a weighted average term of eight years, representing approximately $4.5 million of annualized net operating income, the company announced. The deal is expected to close in two tranches beginning in the fourth quarter of 2017 with the second tranche expected to be completed in the first half of 2018, pending closing conditions.

“Four Corners Property Trust is better suited to own the aforementioned outparcels. Deploying proceeds from this transaction to invest in other opportunities is prudent as it allows us to concentrate upon continued financial improvement,” said Lou Conforti, CEO and Director of Washington Prime Group.

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Jobs deal calls for Miami Twp. firm to move to Mound Business Park

Published: Thursday, September 21, 2017 @ 12:57 PM


            Advance Service Technologies, LLC is being offered a 45 percent tax credit over five years to move from 2225 Lyons Road in Miami Twp. to 885 Mound Road in the Mound Business Park in Miamisburg. NICK BLIZZARD/STAFF PHOTO
Advance Service Technologies, LLC is being offered a 45 percent tax credit over five years to move from 2225 Lyons Road in Miami Twp. to 885 Mound Road in the Mound Business Park in Miamisburg. NICK BLIZZARD/STAFF PHOTO

Miamisburg is offering a Miami Twp. company a tax credit package to move to the Mound Business Park, bringing 32 jobs and a payroll of about $1 million.

Advance Service Technologies LLC is being offered a 45 percent tax credit over five years to move from 2225 Lyons Road to 885 Mound Road, according to the city.

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Advanced Service Technologies was founded in 1996 as a retail field service company, according to its website. It specializes in a variety of services, including project management, technology deployment, inventory management, and hardware and software integration.

The tax credit approved by Miamisburg City Council on Tuesday night “is a major factor in the decision” to move, records show.

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DP&L to 300 union members: You have a new employer

Published: Thursday, September 21, 2017 @ 9:30 AM

DP&L’s battery storage facility is at Tait Station, a combustion turbine and diesel generator facility located in Dayton.
DP&L’s battery storage facility is at Tait Station, a combustion turbine and diesel generator facility located in Dayton.

Dayton Power & Light has sent out about 300 letters to union-represented power plant employees informing them that they will no longer be DP&L employees as of Oct. 1.

Instead, they will be employees of AES Ohio Generation LLC, said Greg Adams, president of Local 175 of the Utility Workers Union of America.

Members are concerned, Adams said. The letters are being distributed in the midst of contract negotiations.

“It’s the unknown,” he said. “The company has made some statements out there that have not been defined … All our questions have not been answered.”

The company’s contract with the union expires Oct. 31, Adams said.

The letters are being sent in the wake of a federal regulatory body’s approval of the transfer of DP&L power generation assets to an offshoot of the company that owns DP&L.

The Federal Energy Regulatory Commission (FERC) approved the transfer of the facilities late last month from the Dayton utility to AES Ohio Generation LLC.

“They explain that upon receipt of all necessary regulatory approvals for the proposed transaction and implementation of the proposed transaction, Dayton Power’s existing portfolio of generation assets will be owned by AES Ohio. This includes Dayton Power’s interests in 13 coal, oil, and gas-fired generating units and one solar unit, totaling 2,510 megawatts,” the FERC wrote in a Aug. 29 decision.

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Last year, a spokesman for the Office of the Ohio Consumers’ Counsel, said the office is on guard against any attempt by DP&L to get consumers to “subsidize” the transfer to AES Ohio Generation. DP&L is owned by Arlington, Va.-based AES Corp.

In August 2016, DP&L filed at the FERC for approval to turn its mostly coal-fired power plants over to AES Ohio Generation.

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A message seeking comment was left with a DP&L spokeswoman Thursday.

In an email, a spokesman for the Office of the Ohio Consumers’ Counsel, a body which acts to represent Ohio utility customers, said: “We continue to seek outcomes ... that ensure Ohioans will not pay subsidies to DP&L and other utilities related to electricity generation. Consumers should see the benefit of lower prices on their utility bills from power plant competition. Hopefully, DP&L's transfer of power plants will further -- not hinder -- a competitive market for consumers."

 Earlier this year, in a filing with the state, DP&L said it was committed to selling its ownership in three generation stations. The three stations are the Conesville station in Conesville, Ohio, Miami Fort in North Bend, Ohio and Zimmer in Moscow, Ohio. All three are coal-fired facilities.

And last week, DP&L acknowledged that it was sending about a dozen fiance and accounting jobs to Argentina.

“This is all stuff they have sprung on us in the past week as part of contract negotiations,” Adams said. “We have a ton of questions that they have failed to answer up to this point.”

DP&L has about 515,000 customers in 24 Western Ohio counties.