The Economy & Business

Business & Technology
12:54 pm
Thu January 19, 2012

Kodak Files Chapter 11 Bankruptsy Protection

Eastman Kodak Co. has filed for Chapter 11 bankruptcy protection.  According to the company’s web-site, “the business reorganization is intended to bolster liquidity in the U.S. and abroad.”  That means turning intellectual property into cash and focusing on its more valuable business lines.

Kodak did not announce job cuts as part of the bankruptcy protection filing. Roughly 600 employees and contractors work at Kodak’s Kettering facility on Research Park.

Business & Technology
7:18 am
Tue January 17, 2012

Toledo Casino Holds Job Fairs to Fill Openings

Adam Tinworth

One of Ohio's four new casinos is ready to interview candidates as it looks to fill hundreds of jobs.

The casino coming to Toledo holds the first of three job fairs on Tuesday to talk with people who applied for work online. Multiple media outlets report the openings are in food and beverage service, maintenance and janitorial work, security, gaming operations and cashiering.

The Toledo casino had hoped to open in the spring with 1,200 employees. However, a consultant has recommended a delay to allow more time for a licensing investigation.

Business & Technology
8:57 am
Thu January 5, 2012

Talks Planned on New Openings for 2 Ohio Casinos

Adam Tinworth

Ohio regulators plan to meet with the operators of two Ohio casinos to talk about a new timetable, now that a consultant has recommended that their openings be delayed.

Consultant Fredric Gushin of Spectrum Gaming told the state Casino Control Commission on Wednesday that more time is needed to investigate the Cleveland and Toledo facilities for licensing.

The (Cleveland) Plain Dealer reports commission Chairwoman Jo Ann Davidson said she's optimistic the delays will be a matter of "weeks, not months."

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Business & Technology
11:06 am
Tue January 3, 2012

Senator Brown Offers Help to End Cooper Tires Lockout

Ohio U.S. Senator Sherrod Brown has offered his help to end the more than month-old lockout at a Northwest Ohio tire plant.

Multiple news outlets report the Democrat gave a pep talk Monday to Cooper Tire workers gathered at a packed union hall in Findlay.

Brown says he knows the union members are eager to get back to work.

Cooper Tire & Rubber is based in Findlay. In late November it locked out more than 1,000 union members at a factory in its hometown after workers voted down a tentative three-year  contract.

Business & Technology
8:07 am
Tue December 27, 2011

Gas Drilling Boom Good News for Ohio Sand Firms

The boom in drilling for natural gas trapped in layers of shale has been good news for a handful of Ohio companies that supply the type of sand needed for such drilling.

Rob Sidley's family-owned company in northeast Ohio processes sand that is perfect for the drilling process because it's nearly 100 percent quartz as well as round, hard and water resistant.

The Akron Beacon Journal reported Monday that companies like Sidley's have a valuable commodity since 6,000 to 8,000 tons of sand are needed to drill one well.

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