Sheffield OKs Kmart super store in Cobblestone Center
Sheffield votes to approve a 147000 square foot Super Kmart at Cobblestone Square Shopping Center north of Lorain County Community College. Groundbreaking planned next month with opening targeted for August. store to include Penske Auto Parts and a garden center and will employ about 400 people. Additional traffic plans discussed.
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Sheffield
Cobblestone Square
Lorain County Community College
Darlene Ondercin
Kmart Corp
Ondercin
Penske Auto Parts
Onderem
Kmart
Elyria
Midway Mall
Super Kmart
Leavitt Road
Lorain
Elyria Kmart
Chamber chief touts regional outlook for Lorain County
Lorain County Chamber of Commerce president Frank DeTillia urged boosting a county digital economy through regional partnerships at the annual meeting. He cited the Digi Economy Work Team with LCCC, regional council participation, and SBDC programs aiding 700+ business owners, plus $1.25 million in financing and 80+ new jobs. The D Lyle Crosby family received a posthumous chamber honor.
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Lorain
Lorain County
LCCC
Digital Economy
Regional Business Council
Ohio
Lorain County Community College
Frank DeTillia
Chamber
Lorain County Employment and Training Administration
Steve Manheim
Chronicle
Vanessa Crosby
Lyle Crosby
Lorain National Bank reports 18th straight record year
Lorain Bancorp Inc and Lorain National Bank report 1999 earnings up 12 percent for the year and 19 percent in Q4. Net income for Q4 reached 1.8 million, the highest fourth quarter ever, while full year net income rose to 76 million. EPS grew to 1.85, basic earnings per share at 45 cents. Total assets at 599.6 million, loans 414.8 million, deposits 461.6 million, with strong commercial lending growth. Gary Smith, president and CEO, says the bank plans to build on 1999 momentum.
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Lorain
LNB Bancorp Inc
Lorain National Bank
LNB
Gary Smith
Lorain National
Wall Street recovers after Monday’s steep slide
Wall Street ended a volatile session mostly higher as investors bought stocks with strong fourth quarter results. The Dow rose 21.72 to 11029.89 while the S&P 500 gained 8.50 to 1410.03 and the Nasdaq advanced 71.33 to 4167.41 amid rate hike concerns and lofty tech exposure.
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New York
Standard & Poor
Indian owners plan restart at Massillon stainless plant
Massillon Stainless, led by Indian buyers Ratan Jindal and Satish Gupta, plans to reopen the Enduro Stainless facility after a yearlong shutdown, targeting about 76 workers by year end and 106 by 2001. Steelworkers Local 1124 supports a labor deal as production resumes under Jindal Strips. The plant’s history includes five ownership changes since 1985 and prior closures and bankruptcies within Lukens and Bethlehem Steel lineage.
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Massillon
India
U.S
Ratan Jindal
Canton
Jindal
Jindal Steel Group
Satish Gupta
SB International Steel Trading Company
Dallas
Massillon Stainless
Enduro Stainless
Lukens Inc
Bethlehem Steel Corp
Allegheny Teledyne Inc
Bethlehem
Enduro
Gupta
Baytown
Texas
Malaysia
Jindal Strips Stainless
David McCune
Steelworkers Local 1124
Lukens
McCunne
Stark County
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Oks Kmart Super Store
Pam McMillan
Chronicle-Telegram
Mary Lorencz
Abbe Road
Onderein
Wendy's
Chrissy Kadieck
the Chronicle-Telegram
Brian Lockwood
Community Health Partners
Focal
Small Business Administration
Small Business
D. Lyle Crosby
Defillio
Wall Street
Federal Reserve
Alan Skrainka
Edward Jones
St. Louis
Fed
TBM
Biogen
Almid
Oracle
Brian G. Belski
George K Baum & Co
Kansas City
Peo
Ple
American Express
Disney
Merrill Lynch
Procter & Gamble
Warner-Lambert
American Home Products
P&g
New York Stock Exchange
Japan
Germany
Britain
France
Vinod Pendeyleft
Yasmin Gupta
Massifon