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Bessemer converter (iron into steel), Allegheny Ludlum Steel Corp., Brackenridge, Pa.
Alfred T. Palmer - Wikimedia Commons

Ohio U.S. senators, Democrat Sherrod Brown and Republican Rob Portman, are urging the federal Department of Commerce to step up an investigation into foreign steel imports.

 

Earlier this year, the agency opened an investigation into whether countries such as China and Russia were flooding the U.S. steel market with low-cost imports.

 

The investigation has reportedly stalled. And the Ohio lawmakers say low-cost imported steel is undercutting U.S. producers' profits.

 

Dayton business Event Lites successfully funded a recent expansion through Kiva.
Kiva / Downtown Dayton Partnership

Mom and pop business owners often struggle to find enough capital to get their ideas off the ground and succeed, research shows. Kiva Dayton’s recently launched crowdlending platform aims to help solve this problem.

Dayton Startup Week
Dayton Startup Week

Entrepreneurship advocates and business owners are expected to convene in downtown Dayton all this week for a startup conference.

The second annual Dayton Startup Week event is organized by the Dayton Tech Guide and sponsored by the Wright State Research Institute, The Entrepreneurs Center and the City of Fairborn.

Wright State’s Tiffany Ferrell says the event is designed to connect entrepreneurs, and help people start or grow a new business in the Miami Valley.

President Trump signed an executive order this week calling for a report on changes needed to reform visa programs for international workers. Advocates say this could lead to a reduction in foreign labor in the United States. This possibility has some local employers worried about the future of their businesses.

Immigration lawyer Catherine McCarthy says she’s been fielding calls from business owners who rely on foreign workers for the busy summer season.

Two EF Hutton directors, and one former director, stand in front of the company's new headquarters in downtown Springfield in 2016.
Dan Gummel / WYSO

Springfield City Commissioners voted Tuesday evening to approve a large tax-incentive program for its newest corporate resident, EF Hutton. 

The financial industry giant moved its headquarters to the city earlier this year, promising Springfield officials it will bring more than 400 jobs to the city over the next five years. The company estimates the hiring would amount to more than $24 million in annual wages to Springfield employees.

Legacy Wall Street Firm Moves to Springfield

Sep 2, 2016
Two EF Hutton directors, and one former director, stand in front of the company's new headquarters in downtown Springfield in 2016.
Dan Gummel / WYSO

E.F. Hutton, a New York based brokerage firm, announced on Friday that they are setting up their world headquarters in Springfield and look to invest about $22 million in the local economy over the next 5 years.

Chris Daniels, the company's CEO, says they're excited to bring the financial services industry to the Midwest, "EF Hutton is speaking with its actions by moving to main street and showing its commitment to individual investors across the country." 

myplazatheatre.com

In the years after World War II, Main Street in the City of Miamisburg was bustling. Quaint mom and pop shops and eateries drew visitors from all over the Miami Valley. But things changed. The rise of shopping malls in the 1970s and the loss of long-standing local business families in the 1990s left many buildings on the street vacant. But that’s all starting to turn around thanks in part to the reopening of the Plaza Theatre, a once shuttered 96 year-old movie theater at the center of town. 

Jerry Kenney

A new 28 room, hotel has opened up for business in the village of Yellow Springs.

The Mills Park Hotel was named for William Mills, an early settler to the area, who financed the first railroad and helped to build the town’s infrastructure.

The hotel is owned by developers Jim and Libby Hammond and has been under construction for about two years.

Early reaction to the design and location were mixed, but Yellow Springs resident Angela Moore says the three-story Victorian style hotel fits in with the “front porch culture” that’s present in the village.

Downtown Dayton may be getting a new hotel for the first time since the 1970s.

Woodard Development is set to construct a Fairfield Inn in the Water Street District. The area already houses residential developments and office space.

Tony Kroeger, Dayton’s City Planner, said the district has seen a lot of new development recently.   

“The fact that somebody’s willing to make an investment like this in Downtown certainly would be a sign of confidence,” said Kroeger.

In an Era of Scarcity, Water is Now a Major Economic Driver

Mar 2, 2016
James D'Angelo / Flickr Creative Commons

In a world facing growing problems with water scarcity, the Great Lakes region could be poised to draw businesses—big and small—from other parts of the country. But despite the region’s vast quantities of freshwater, water quality can’t always be taken for granted.

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