Recession in Lorain County Hits Whirlaway Workers
Whirlaway Corp suffers layoffs from 600 to 450 at its Wellington precision components plant as sales slump across auto, trucking and housing industries. President Tom Zupan predicts a modest fourth quarter recovery, while NN Inc. backs his stance and stock dips. He pledges to pursue new contracts and support remaining staff amid uncertainty.
MENTIONED IN THIS ARTICLE
Tom Zupan
Whirlaway Corp
Precision Components
Shiloh Ave
Wellington
Nces
Zupan
NN Inc
Local shop owner focuses on promotions amid slow period
Center Ridge Road retailer Serrat cites promotions and staff hours as a tactic to survive slow winter months. He notes water usage cutbacks and steady morning traffic from commuters and day care regulars. Construction businessman Ed Sprague, with his three sons, expects a slow year but cites resilience and steady residential work.
MENTIONED IN THIS ARTICLE
Ness
Ridge Road
Smee Atte
Serrat
Steve Fogarty
Ed Sprague
North Ridgeville
Sprague
Main Avenue
Local shops keep steady in recession says IGA owner
Grocery owner David Kaltenbach reports steady sales at LaGrange and Oberlin IGA stores with about 20 full time and 25 part time workers each. He credits prudent management and a rainy day fund while noting Wal Mart's presence and a generally resilient consumer. M J Griffith Paving's owner stresses entrepreneurial spirit and steady hires as he adapts to tougher economy. The Grassos of Mary's Sweet Shop recount bridge closure impact and resilience as a family business over three decades.
MENTIONED IN THIS ARTICLE
David Kaltenbach
Kaltenbach
LaGrange Iga
North Center Street
Oberlin Iga
East Lorain Street
IGA International
Wal- Mart
Oberlin
Wal-Mart
IGA
Mike Griffith
M.J. Griffith Paving Inc
Griffith
Cindy Leise
Jim Grasso
Mary
Mary’s Sweet Shop
Erie Avenue
Lorain
Grasso
Charles Berry
Everything old is cheap again
Kathy Dye owns Dye's Appliance at 960 Broadway for 33 years. Facing a recession she expands parts and repair work while serving landlords and offering free advice to keep customers. She notes a shortage of used appliances as shipments drop to one per week. Antiques dealer John Farkas reports slower demand for Victorian items but persistent buying at reduced prices.
MENTIONED IN THIS ARTICLE
Kathy Dye
Dye
Broadway
John Farkas
Wellington
Farkas
Connie
Also Mentioned on This Page
Lorain County
Depres
Edward Sprague
IGA Grocery
M.J. Griffith Paving
Alicia Castelli
Grassos
Bruce Bishop
Chronicle Mike Griffith
M.J. Griffith
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