Ohio tax credit approved to create 140 Pratt jobs in Lewisburg
The Ohio Tax Credit Authority approved a 65 percent, 10 year job creation tax credit for Pratt Lewisburg Corrugating LLC to build a new facility and create 140 jobs in Lewisburg. The project aims to generate $8 million in new annual payroll and includes construction costs and new machinery. Preble County Development Partnership supports the project. An international retailer, H&M, plans its first Dayton area store in Beavercreek, seeking permit approval for a Mall at Fairfield Commons build out.
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Ohio Tax Credit Authority
Pratt
Lewisburg Corrugating LLC
Lewisburg
Ohio
Tax Credit Authority
Ohio Development Services Agency
Preble
Beavercreek
H&m
Fairfield Commons
al Kuzma
Greene County
Office of Building Regulations
Kuzma
Cincinnati
Columbus
Cleveland
Toledo
H&m Group
Sweden
Stockholm
Pave Larsen
LexisNexis job cuts spark Dayton layoff report
Law.com cited LexisNexis about 500 layoffs across sites in Dayton Miami Twp and other cities. The company said Dayton remains its largest site, with investments in LexisAdvance and other initiatives, while overall employment across LexisNexis stayed consistent with prior years. Local job openings totaled 122 in June, per Ohio’s job service data.
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Miami Twp
Montgomery County
Dayton
LexisNexis
Law.com
Law Technology News
Sever
Miami
New York
Philadelphia
Charlottesville
Marc Osborn
Osborn
Ohio
Dayton, Ohio
Reed Elsevier
Lexis-Nexis
Lexis
Lexis Advance
Kettering Health Network
Hudson's Bay to buy Saks in $2.4 billion deal
Hudson's Bay Co will acquire Saks Inc for about $2.4 billion, merging Hudson's Bay, Lord & Taylor and Saks Fifth Avenue into a 320-store North American luxury group. The plan envisions expanding Saks into Canada, renovating stores, and boosting luxury branding while targeting higher-end shoppers.
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New York
Saks Inc
Hudson’s Bay Co
Lord & Taylor
Hudson’s Bay
Saks
Fifth Avenue
U.S
Canada
Cincinnati
Columbus
Christian Louboutin
Gucci
Hudson's Bay
Richard Baker
Fifth Outlet
Bain & Co
North American
Neiman Marcus
Nordstrom
Hudson's Bay Co
Richard Drew
Associated Press
GE Aviation logs record jet engine temperatures in tests
GE Aviation announced a February test in Evendale exceeding prior temperature targets by 130 degrees, marking the hottest compressor and turbine temperatures in aviation history. The test ran 60 hours with the turbine fan two hours above state of the art, and the engine operated 85 minutes above the target temperature. The data, released after security clearance, supports upcoming adaptive cycle engine tests with the U.S. Air Force Research Laboratory at Wright-Patterson.
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Evendale
GE Aviation
U.S. Air Force
Ing
Benvie
Hamilton County
U.S. Air Force Research Laboratory
Wright- Patterson Air Force Base
Ohio Pending Home Sales Rise to Five Year High
The Ohio Association of Realtors reports the Pending Home Sales Index at 137.9 in June, a 13.4 percent rise from June 2012, signaling stronger contract activity in Ohio. national index slipped 0.4 percent to 110.9, with May revised to 111.3. signed contracts remain 10.9 percent higher year over year.
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Ohio
Ohio Association of Realtors
National Association of Realtors
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Preble County
H&m Planning
Beavercree
Thomas Gnay
LexisNexis Legal & Professional
Elsevier
LexisNexis Risk Solutions
Source
Anne D’innocenzio
and Michelle Chapman
Chelsey Levingston
Chelsey
Coxinc.com
Toyota
Pepsico
Uric