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Published: Thursday, September 21, 2017 @ 2:33 PM
— A new warehouse and distribution center is planned and marketed in Tipp City near big sites already established by Abbot Laboratories and Meijer.
Commercial real estate brokers Cushman & Wakefield have been marketing a yet-to-be-built 217,250-square foot distribution center — expandable to 434,500 square feet — off County Road 25 A, north of Kerr Road.
With developer HSA Commercial Real Estate, Cushman & Wakefield is searching for a tenant or user for the center, which would be built in early 2018, marketing material from the company said.
Mark Dlott, Cushman & Wakefield director, identified HSA, based in Chicago, as the industrial developer behind the project.
“They’re just looking for that first deal to get inked, and then they’ll break ground,” Dlott said.
He believes a deal will happen.
“I am optimistic,” he said. “You’ve got Meijer, you’ve got Abbot labs, you’ve got a lot of things happening in the North (of Dayton) market.”
The center would be built in an area that has been a magnet for large-scale development in recent years.
In 2012 to 2014, Abbot Labs/Abbot Nutrition built a $270 million plant just north of where the planned Cushman site is. With about 240 employees, that plant has been said to produce 800 bottles of Ensure nutrition drinks per minute, or some 1 million bottles a day.
Published: Friday, April 27, 2018 @ 7:05 AM
Updated: Monday, June 25, 2018 @ 9:52 AM
— A popular Nashville food truck that sells fresh peaches from Georgia is making its way to the Dayton region.
Starting Tuesday, June 25, The Peach Truck takes the food truck idea and puts a healthy, Southern twist on it — offering fresh, juicy peaches from Georgia. The truck will visit parts of Cincinnati, Dayton and Columbus.
The first few stops in Dayton will include Church of Incarnation, Rural King, Handyman Ace, Meadow View Growers and other garden centers.
The Peach Truck idea came about when founder Stephen Rose moved to Nashville in 2010 and discovered no one sold fresh, flavorful peaches like the kind he’d grown up eating in Georgia. Two years later, he and his wife Jessica made a trip back to Rose’s hometown farm and started selling peaches out of the back of a ‘64 Jeep truck.
The truck will make stops in Dayton, Hamilton, Kettering, Middletown, Beavercreek, Miamisburg, Xenia, Fairborn, Huber Heights, New Carlisle, Troy and Springfield.
TUESDAY, JUNE 26
8:00 AM - 10:00 AM — Dayton, OH - Church of Incarnation, 55 Williamsburg Lane
8:00 AM - 9:30 AM — Hamilton, OH - Rural King, 1416 Hamilton Richmond Road
11:00 AM - 1:00 PM — Kettering, OH - Handyman Ace, 1950 E. Stroop Road
11:00 AM - 1:00 PM — Middletown, OH - Berns Garden Center, 825 Green Tree Road
2:00 PM - 4:00 PM — Beavercreek, OH - Berns Garden Center, 3776 Indian Ripple Road
2:30 PM - 4:00 PM — Miamisburg, OH - Handyman Ace, 1240 East Central Ave.
WEDNESDAY, JUNE 27
8:00 AM - 9:30 AM — Richmond, IN - Tractor Supply Co., 4675 National Road E.
8:00 AM - 10:00 AM — Xenia, OH - Rural King, 1900 Progress Drive
11:00 AM - 12:30 PM — Fairborn, OH - Handyman Ace, 122 E. Dayton Yellow Springs Road
12:00 PM - 1:30 PM — Huber Heights, OH - Rural King, 7611 Old Troy Pike
2:00 PM - 4:00 PM — New Carlisle, OH - Meadow View Growers, 755 N Dayton-Lakeview Road
2:30 PM - 4:00 PM — Troy, OH - Crystal Room, 845 W. Market St.
THURSDAY, JUNE 28
3:30 PM - 5:00 PM — Springfield, OH - Rural King, 1476 Upper Valley Pike
The truck will return to the area again in mid-July. See the full schedule here.
Published: Friday, June 22, 2018 @ 9:38 AM
Dayton — Fifth Third Bancorp is cutting jobs in the region, bank officials are telling the media.
The company is not discussing the number of employee layoffs or how many are happening in the Dayton area.
No notice of layoffs appeared on the state’s “WARN” (Worker Adjustment and Retraining Notice Act) notice board as of early Friday. Typically, larger companies that lay off 50 or more employees within 30 days are required by law file a WARN notice with the state’s Department of Job and Family Services.
A Fifth Third spokesman said Friday the bank needs to make “adjustments when there is not a good match-up between staffing, market demand and the operating environment.”
“Fifth Third has long had an approach of managing staff carefully and making ongoing adjustments,” Fifth Third spokesman Larry Magnesen said in an email. “That has helped avoid large, broad-based reductions.”
The Cincinnati-based company is still hiring for certain critical skills, and has about 1,122 open positions. More than 500 of those openings are posted on our a Fifth Third recruiting web site.
“It’s worth noting that the bank’s total employment in greater Cincinnati of about 7,500 employees is up by 800 over the last five years or so (since year-end 2013),” Magnesen said.
He added: “Clearly, staffing adjustments increase efficiency. That is a priority of the bank in order to invest in the capabilities in terms of expertise and technology to address our customers’ evolving needs.”
Fifth Third met its goal of closing some 105 branches by June 2016, Greg Carmichael, the bank’s president and chief executive, told this news outlet in August 2016.
At the time, the bank had 47 branches and about 700 employees in the Dayton market.
Published: Monday, June 25, 2018 @ 8:07 AM
Dayton — Passengers on the mid-April Southwest Airlines flight that suffered a mid-flight engine failure are suing the airline and associated companies, including CFM International Inc., the engine manufacturer which has a Butler County presence.
More than two months ago, an Southwest Boeing 737 took off from New York, headed for Dallas. About 20 minutes into the flight, at an altitude of about 32,500 feet, a fan blade broke off the engine and shrapnel shattered a window. A passenger on that flight, Jennifer Riordan, 43, was sucked part of the way out of the broken window and pulled back inside by fellow passengers.
Riordan later died in a hospital.
The engine had been made by CFM International — a joint venture between French firm Safran and GE Aviation headquartered in West Chester Twp. in Butler County.
CFM has since been inspecting the aircraft engines in question, CFM56-7B engines, which power certain Boeing 737 airplanes.
Inspections are to be completed by August 31.
An “airworthiness directive” mandated by the Federal Aviation Administration in April says that airlines must perform these inspections every 3,000 cycles (1.5 to 2 years of operation). As well, airlines are required to inspect fan blades as they reach the 20,000 cycle threshold, with the continued repetitive 3,000 cycle inspections.
A spokeswoman for GE Aviation declined to comment on pending litigation.
The passengers’ lawsuit was filed recently in New York State Supreme Court. The suit also names the Boeing Co., GE Aviation Systems LLC, Safran USA Inc. and CFM International as defendants.
Published: Saturday, June 23, 2018 @ 4:52 PM
The Kroger Co. finalized a merger with meal delivery company Home Chef this week as the Cincinnati-based company seeks to speed up growth in the meal kit market.
Home Chef will operate as a Kroger subsidiary and will assume responsibility for the grocer’s meal kit initiatives. Home Chef meal kits will now be featured in Kroger’s portfolio of stores and will remain available online.
The initial transaction price is $200 million, with future earnout payments of up to $500 million over five years, contingent on milestones including significant growth of in-store and online meal kits, according to Kroger. Home Chef grew 150 percent in 2017, earning $250 million in revenue and delivering profit in two quarters, the company said.
“We couldn’t be more excited to join the Kroger family and for what this will mean for millions of customers,” said Pat Vihtelic, Home Chef founder and chief executive, in a statement. “We look forward to bringing Home Chef’s simple, convenient and enjoyable meal solutions to Kroger locations.”
Home Chef, founded in 2013, is headquartered in Chicago and operates a distribution center there, as well as in Atlanta and Los Angeles. The company employs about 1,000 people.
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