Business

Micro-Brewing Boom Helps Dayton’s Economic Recovery

Aug 6, 2014
Jason Reynolds

A request for a Captain Stardust and a Wobbly Wheel may sound unusual, but it's actually the sound of drinks being ordered at the Yellow Springs Brewery, just outside of Dayton, Ohio. It’s a scene that’s become common as micro-breweries pop-up across the Miami Valley. It's also the sound of money being made. That's become more common, too.

Wayne Baker / WYSO

Clark County is seeing its tourism industry grow according to a recently released economic report. The study done by Oxford Economics reveals that tourism contributes almost $368 million per year to the county's economy.

Chris Schutte, of the Greater Springfield Convention and Visitors Bureau, released the findings of the study which shows an increase of $42 million since 2011. He feels there are a few key factors involved with the financial improvement.

Alphageek / Flickr Creative Commons

Clark County based Speedway has reached an agreement to purchase Hess Retail Holdings for $2.8 billion dollars. The deal makes Speedway one of the largest convenience store chains in the country.

Hess operates out of New York City and is the largest operator of convenience stores along the East Coast. Speedway's corporate headquarters are in Enon, and the company is a subsidiary of the Marathon Petroleum Company.

Angelia Graves, director of public and state government affairs for Marathon, says the deal is a win-win for both companies.

The day after Thanksgiving has traditionally been the start of the holiday shopping season. But this year, many retailers plan to open their doors with special sales on Thanksgiving itself. One Democratic State lawmaker says mandating employees work on that day is not right. Democrat Mike Foley explains he is introducing a bill that would require employers to pay much more to workers who work during that time.

Southwest Ohio businesses have a new health care option on the table: so-called “self-insurance” allows companies to cut out the middle man.

The South Metro Regional Chamber of Commerce in Miamisburg has signed up to give its members access to a national self-insurance pool with hundreds of other businesses, which chamber director Julia Maxton says can save them money.

“It’s very clean, it’s very clear,” Maxton said. “It is something that they can understand.”

The Dayton Development Coalition has wrapped up its annual trip to Washington, D.C. this week. The fly-in includes business, educational and government leaders from the area. This week on PoliticsOhio, Emily McCord is joined by Michael Gessel with the Dayton Development Coalition to talk about the trip.

Honda Announces Another Ohio Auto Plant

May 15, 2013

Honda announced yesterday it will bring back its so-called “supercar” Acura NSX after suspending production in 2005. And the new high performance two-seater will be built in Ohio.

“We will renew the dream and build this high-tech supercar right here in Marysville, Ohio," says Honda executive, Hidenobu Iwata

A western Ohio medical equipment company is planning to move corporate offices and 51 jobs to Dayton.

The Dayton Daily News reports that Midmark Corp. would also add six jobs under plans to move into space in the former NCR Corp. headquarters building.

The Darke County company employs some 1,600 people globally and makes medical, dental and veterinary equipment.

The company is receiving $100,000 in county economic development money to help pay for renovation costs. It will be leasing some 23,000 square feet from the University of Dayton, the building's owner.

Canal Street Tavern in Dayton has been sold. The music venue’s new owner is Bill Daniels, owner of Pizza Factory and South Park Tavern.

Canal Street has been around since 1981, and long-time owner Mick Montgomery says the club has been his life, adding, "the truth is I’ve had some incredible staff to who helped me get started, and whose worked with me over the years, and I can’t describe it in any other way than it’s just been a gratifying, good experience."

Tax Credits Aid Region's Job Creation

Mar 27, 2013

Nearly 500 jobs are coming to southwest Ohio. The Ohio Tax Credit Authority approved assistance for projects in the region and As Emily McCord reports, Clinton County is seeing a large share of the funding. 

Three of the companies awarded the tax credits will be in the city of Wilmington. DealerTrack Incorporated expects to create over 200 jobs generating 6 million dollars in payroll. The company specializes in administration support for vehicle titles and contract scanning. Two other companies in the city will bring an additional 65 jobs to the area.

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