The Economy & Business

Business & Technology
6:31 am
Wed July 13, 2011

$9 Mill Retail Building Possible Near Dayton Mall

A meeting between RG Properties and Miami Township trustees has resulted in a deal to construct a $9 million retail building at Lyons Road and Ohio 741.

Last night, founder of RG Properties, Randy Gunlock, entered into an executive session with the township officials after they discussed passing a resolution for the construction.

Read more
Business & Technology
5:08 pm
Mon July 11, 2011

ITT to Acquire YSI Incorporated

ITT Corporation has announced it will acquire YSI Incorporated.

Both companies manufacture technology used for environmental water monitoring. The merger was announced in a joint statement today.

Gretchen McClain, president of ITT's Fluid and Motion Control business, says the addition of YSI will complement ITT's existing business.

Business & Technology
4:45 pm
Mon July 11, 2011

Springfield Adding Retail Buildings for Redevelopment

Springfield is adding another piece to its citywide redevelopment plans, as city commissioners have approved turning five acres of green space into two 8,400 square foot restaurant and retail buildings.

Commissioners will allow the development to take place at the site of the former Roosevelt Middle school on North Limestone Street. The new development will be called the Limestone Center and will be built by PGI Development of Powell, Ohio.

PGI will also build two office buildings behind the restaurant and retail space, which will be a combined 30,000 square feet.

Business & Technology
4:32 pm
Wed June 22, 2011

New Business Coming to the Upper Valley Mall

Springfield's Upper Valley Mall has struggled to survive in the past decade, but a new mega shoe store may give the shopping center a much needed boost and bring more jobs and tax revenue to the local economy.

"The store is called Encore, and the space itself is 31,500 square feet.  So it's going to be the largest shoe store in the state of Ohio," says Brenda LaBonte, manager of the Upper Valley Mall.  She says the store will bring thousands of shoppers and employ between 20 and 100 people.

Read more
Business & Technology
4:32 pm
Wed June 1, 2011

Greater Springfield Chamber of Commerce Holds Job Fair

Two new companies are coming to Springfield, one is an insurance firm and the other sells gift items.  Between the two of them, hundreds of the jobs could be coming to Clark County.  That's why the Greater Springfield Chamber of Commerce, along with the Workforce Development Center, is holding a job fair tomorrorw to connect job seekers with employers.

With an 8.9% unemployment rate, Springfield's lackluster economy has made it hard to fine a job. But the situation is changing thanks to the arrival of 31 Gifts and Code Blue, and the growth isn't limited to these companies.

Read more

Pages