DP&L to shut down 2 Ohio plants

Published: Monday, March 20, 2017 @ 12:21 PM


            FILE
FILE

Dayton Power and Light Co. will shut down two power plants in a rural Southern Ohio county, according to a company statement.

The company announced two power-generation plants in Adams County will shut down by June 2018. The plants — known as J.M. Stuart and Killen stations — are not “economically viable beyond mid-2018,” according to DP&L.

The Dayton Daily News first reported earlier this year that the company announced its intention to close the plants in a January filing with the Public Utilities Commission of Ohio. The rumors have caused communities near the plants to voice their concerns.

EYES IN THE SKY : From above, DP&L copters inspect for damage

“There’s a huge financial impact headed our way, and frankly, it doesn’t feel like our concerns are being heard, in either Dayton or Columbus,” Michael Pell, president of First State Bank in Winchester, Ohio, told this news organization.

The plants generate about $3.8 million annually in property taxes to the county and local entities, and DP&L owns 5,500 acres in Adams County. The plants have about 490 employees, with an additional 200 contracting employees. The annual payroll is more than $30 million.

RELATED : Citing financial ‘threats,’ DP&L seeks new charges

“DP&L recognizes the extent of the impact and uncertainty this decision creates for our people. The Company is fully committed to proactively managing workforce transitions related to the closure of these generation units,” a company statement said.

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More than 440,000 Dodge Ram trucks recalled due to fire hazard

Published: Wednesday, September 20, 2017 @ 8:46 PM

More Than 440,000 Dodge Ram Trucks Recalled Due To Fire Hazard

Fiat Chrysler Automobiles, the company that manufactures Dodge vehicles, is recalling an estimated 443,712 heavy-duty pick up trucks in the U.S. because of a potential fire hazard.

Tuesday news release from the company said FCA will inspect water pumps for the vehicles and replace them if necessary.

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“Affected are model-year 2013-17 Ram 2500 and 3500 pickups; and 3500, 4500 and 5500 chassis cabs,” the release said. The recall is limited to trucks with 6.7-liter engines. Some may also be recalled in Canada and other markets.

“Customer feedback prompted an FCA US investigation that discovered certain trucks are equipped with a water-pump bearing that, after exposure to certain conditions, may overheat and potentially cause an engine-compartment fire,” the company said.

“Affected customers will be advised when service becomes available,” the release said.

The water pump involved in the recall is no longer equipped on vehicles, according to the release.

According to the FCA, a warning light may be activated in the vehicle if the water pump function is compromised.

“(I)n accordance with (the) regulatory definition, which includes everything from a burning odor to open flame, we are aware of a small number of such incidents. Of these, a smaller number involved damage – none of which extended beyond the immediate area of the water pump,” a company spokesman told Detroit Free Press.

Those with questions can visit the FCA website or call the FCA US Recall Information Center at (800)-853-1403. 

Amazon confirms Monroe fulfillment site: Here’s what we know now

Published: Tuesday, September 19, 2017 @ 8:37 AM
Updated: Tuesday, September 19, 2017 @ 11:10 AM

Amazon has filed for state tax credits in Ohio and is looking to build in Morrow.

Amazon confirmed Monday its plans to open a fourth Ohio fulfillment center that will create more than 1,000 full-time jobs in Monroe.

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The one-million-square foot facility near Interstate 75 will house employees who will pick, pack and ship larger customer orders. A specific location for the facility has not been officially announced. Amazon currently operates fulfillment centers in Etna and Obetz, and recently announced plans to build another center in North Randall.

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“We are excited to continue growing in Ohio, adding 1,000 new jobs to the more than 6,000 Amazonians already working in the state,” said Sanjay Shah, Amazon’s vice president of North America Customer Fulfillment. “The support of local leaders and incredible workforce has been instrumental in our decision to locate the new fulfillment center in the state, and we are grateful for the support we’ve received to bring new jobs and investment to Ohio.”

» WATCH: Here’s how an Ohio Amazon warehouse operates

The fulfillment center will be developed by IDI Gazeley, which currently has five available properties for development in Ohio, all at Park North in Monroe. The park is located on Gateway Boulevard.

IDI Gazeley develops warehousing, distribution and manufacturing facilities around the world, and specializes in sustainable warehouse development. This news organization has reached out to the developer for more information about the specific location of the Amazon project.

>>MORE: Here’s how YOU can get a discount on groceries 

“Park North at Monroe is a master-planned logistics park strategically located along I-75, befitting from a large, diverse labor pool,” the company states on its website.

Martin Russell, executive director of the Warren County Port Authority, said the county is excited to build on its partnership with the online giant.

» WATCH: Amazon’s new shopping concept means never waiting in lines

“Amazon’s commitment to Warren County and all of Southwest Ohio will afford those seeking employment with great opportunity. With Warren County’s prime location at the center of the U.S. market, we look forward to partnering with Amazon as they continue to grow their business here and globally,” Russell said.

The Ohio Tax Credit Authority approved a 1.39 percent, 10-year tax credit for the Amazon facility that is expected to create $26.7 million in new payroll and be a $30 million fixed-asset investment. The tax credit starts in January. As part of the tax credit agreement, the Ohio Tax Credit Authority says Amazon will have to maintain operations at the Monroe location for at least 13 years.

The online retail giant also announced last week that it’s also searching for a location for its second U.S. headquarters. Amazon said on Thursday that it plans to open a second headquarters in North America that will cost $5 billion to build and operate. It will house around 50,000 employees.

» RELATED: After Amazon’s Whole Foods purchase, grocery industry braces for change

“In addition to Amazon’s direct hiring and investment, construction and ongoing operation of Amazon HQ2 is expected to create tens of thousands of additional jobs and tens of billions of dollars in additional investment in the surrounding community,” the company said in a statement.

The company is seeking proposals from local and state government leaders interested in how they can bring Amazon to their community, the company said. Amazon’s headquarters in Seattle has brought an additional $38 million to the city’s economy from 2010 through 2016, the company estimates.

Amazon will consider locations for the second headquarters that have attributes including: metropolitan areas with more than one million people; a business-friendly environment; urban and suburban locations with the potential to attract “strong technical talent,” and communities that “think big and creatively when considering locations and real estate options.”

» RELATED: Amazon to add 1,000 jobs at Monroe location

The city of Dayton plans to submit a proposal to be the site for the massive second headquarters.

“We believe our strong history of innovation, coupled with our workforce and easy access to transportation networks makes Dayton a strong contender among other cities looking to attract Amazon,” said Shelley Dickstein, city manager.

Amazon also announced earlier this year that it would invest $1.49 billion and bring 2,700 new jobs to a worldwide cargo hub at the Cincinnati/Northern Kentucky International Airport. Cincinnati/Northern Kentucky, which is located in Hebron, Ky., won the bid from Amazon over the Wilmington Air Park in Ohio — bringing those jobs to over to Kentucky instead of Ohio. About 600 of those 2,700 new jobs will be full-time positions.

BY THE NUMBERS

• 1,000 jobs will be created at the new fulfillment center

• 6,000 people are already employed in the state by Amazon

• $26.7 million in new payroll is expected to be created by the project

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8 side hustles you can start with almost no money

Published: Wednesday, September 20, 2017 @ 11:57 AM
Updated: Wednesday, September 20, 2017 @ 11:57 AM

These are eight cheap startup ideas that offer a return Enter the residential cleaning business Be a delivery service driver Sign up to become an Avon sales consultant Be a virtual assistant Start a calligraphy business Tutor students Get into event planning Be a personal concierge

Dreaming about starting your own business? 

Don't let your hopes sink just because you're low on financial resources.
There are many businesses you can start inexpensively, according to the Balance, a personal finance website. "Some can be started for nothing if you already have the equipment."
Such businesses can offer a good living and the satisfaction of being your own boss. These types of businesses are not suitable for anyone looking for a “get rich quick” plan or a way to become an instant millionaire,” according to finance site.

RELATED: 7 steps to transition from a 9-to-5 to a full-fledged entrepreneur


These are the seven cheap startup ideas that offer a return, recommended by the Balance and other financial experts:

Residential cleaner. With this startup, you'll free people to do things they enjoy more than cleaning the house. Your clients won't necessarily be affluent, either. Rather, you can draw from a range of busy two-earner couples and families willing to hire out cleaning. To get started, noted the Balance, you'll need cleaning supplies, reliable co-workers if you're going after bigger jobs, knowledge of how to clean and cleaning products. You can always rent bigger equipment, like floor polishers, but there's no substitute for an ability to build a client base if you choose to enter the residential cleaning business.

A Drizly delivery driver delivers alcoholic beverages to a Baltimore resident. Drizly is a beer, wine and liquor delivery service that operates in several U.S. cities, including now in Middletown. (Photo: Steve Ruark/Baltimore Sun/TNS)(Staff Writer)

Delivery service driver. This choice is easy to start, but only if you already own a suitable vehicle with insurance and a good driving record. The delivery industry definitely has room for "the little guy" for delivery of anything from sandwiches to compost to Christmas trees. The Balance recommended zoning in on delivery services of just a particular product, like an organic vegetable box route, to simplify contacts and bookkeeping.

Avon's Breast Cancer Aviator sunglasses cost $12 and 20% of the net profits ($2.40) will be donated to the Avon Breast Cancer Crusade. The glasses and a range of other items to support breast cancer awareness are available at avon.com.

Avon sales consultant. The American Express blog also offered cheap startup business ideas, including a favorable review of becoming a sales consultant for one of the many brands that pay individuals to introduce their products to the public. The least expensive option was Avon: You can start there for just $10. The blog recommended an Avon business for people who were comfortable talking to other people face to face about a product. 

Virtual assistant. Small business owners focusing on growing their brand may not have time to post to social media, schedule or sort e-mail, and that's where a virtual assistant comes in, according to the Amex blog. Market those skills, along with other functions you can perform virtually with a computer and stable Internet connection, and you're on your way.
Entrepreneur's tips for becoming a virtual assistant include preparing a business plan and reviewing it often, along with considering specializing in just two or three services and joining a networking club to get referrals.

Loveleigh Loops, a Dayton-based calligraphy company, will host two workshops at Knack Creative. Intro to Brush Lettering will be held May 23, and Copperplate Calligraphy will be held May 24. Classes will be 6-8:30 p.m. at Knack Creative, 42 W. 5th St., Dayton. Contributed photo.

Calligrapher. This is a specialized niche, but with Pinterest and reality television driving nostalgic wedding trends, you could establish a solid business with very little investment, according to the Amex blog. You'll need beautiful penmanship, calligraphy supplies, samples and business cards to start a calligraphy business.

Tutor. Use your proficiency in subjects from French to to trigonometry to become a private tutor with little more than some marketing materials and a lesson plan. Remember that adults in school can also require help with tough subjects, so becoming an online tutor could be profitable. 

Event planner.Business Daily noted that succeeding with an event planning startup relies heavily on having an outgoing personality and a solid database of vendors and contacts – and not being afraid of cold calls. Being detail-oriented and organized are important, too, since most events are once-in-a-lifetime moments like birthday parties, class reunions and weddings. If you have the drive and the personality but lack experience, BD recommended planning a few pro-bono events. 

Personal concierge. This side hustle is also known as "errand runner." It's particularly appealing to two-earner families, who may not have the time for odd jobs like picking up fresh-baked bagels, returning goods to the mall or mailing packages, according to the Balance. A personal concierge can charge by the hour or the task, and reliable transportation is a must. 
According to Entrepreneur, a personal concierge can specialize in helping corporate clients or those who spend most of their working hours in office complexes. A personal concierge can also concentrate on "the homeowner who's not at home." The magazine recommended this startup for those with loads of get-up-and-go and contacts and resources in a variety of industries and occupations.

August home sales dip in Dayton region

Published: Wednesday, September 20, 2017 @ 12:49 PM


            FILE
FILE

August sales of single-family homes and condominiums dipped slightly in the Dayton region compared to last year at the same time, the Dayton Area Board of Realtors reported Wednesday..

The number of homes sold in the Miami Valley dipped less than one percent — just 12 units — from August 2016 posted figures, the board reported. However, prices continued to rise in the Dayton region.

August’s average sales price totaled $162,235, a jump of almost 11 percent from the previous August. Likewise, the median price saw just an increase to $139,200, up more than 11 percent from last year.

» RELATED: 10 retailers file for bankruptcy in 2017

Tight inventory continued in the Dayton area, yet for the second month in row, listings submitted in the month of August posted an increase, jumping more than 7 percent from last year to 2,053 entries. For the January-August period, 15,146 listings were entered, down from last year’s 15,374 listings, the board said.

The 1,606 sales for August produced a cumulative sales volume of over $260.5 million, a jump of over ten percent from last year.

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