Taft plan appeals to robotic makers in Ohio
Motoman Inc a West Carrollton robotics firm says proposed Ohio budget tax reforms could keep its growth in the state The company expanded from 8 million to 150 million in sales by leveraging Troy Ohio inventory and equipment tax abatements Directors note abatements expire next year and discuss reapplication zone agreements or relocation The stance aligns with Gov Tafts push to overhaul the tax system to boost jobs and state revenue during a Dayton visit with business leaders and lawmakers.
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Dayton — Motoman Inc
West Carrollton
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Motoman
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Ohio House
Acela shutdown worsens Amtrak travel delays
Brake problems halted Amtrak Acela Express indefinitely amid cracks in 300 of 1,440 disc brake rotors. All Acela service suspended through at least next week with slower trains filling the Northeast corridor from Washington to Boston. Refunds offered to booked passengers.
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Washington
Amtrak
New York
Boston
Bill Crosbie
Senate
United States
David Gunn
Bombardier Inc
South Station
Washington, D.C
KeyCorp Posts Higher First Quarter Profit
KeyCorp, with $90 billion in assets and 13 state branches, posted Q1 net income of $264 million 64 cents per share on $1.18 billion revenue, up from $250 million 59 cents on $1.12 billion. Revenue rose as lending and fee income grew, with nonperforming loans at a decade low and loan charge-offs at a 1995 level. Area expansion included EverTrust Bank and American Express Business Finance acquisitions.
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Cleveland
KeyCorp
Thomson First Call
Henry L. Meyer III
Key
EverTrust Bank
American Express Business Finance Corp
Meyer
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