Moraine GM Plant to Close as Four Factories Shut Down
The Moraine Assembly Plant near Dayton will close as GM announces four plant shutdowns affecting about 10,000 jobs. Local leaders warn of a ghost town future with rising vacancies, high poverty, and economic strain across Moraine Dayton and surrounding areas.
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Mobaine
General Motors Corp
Dayton
Miami River
Debbie Miller
Janesville
Wis
Canada
Mexico
Miller
Detroit
Delphi Corp
General Motors
Moraine
Nance
John Heitmann
University of Dayton
Flint
Heitmann
Rhine McLin
McLin
Milwaukee
Ohio eyes pol ymer future as oil costs rise
Gov. Strickland cites Ohio’s polymer sector as a growth area amid high oil prices and security concerns. A state task force urges a technology center and new education programs to blend agriculture with polymers, bolstering jobs for 140,000 workers in the industry.
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Columbus
Ohio
Ted Strickland
Strickland
Gov Strickland eyes antitrust probe into DHL plan
Governor Strickland says he will ask top lawyers to review whether DHLs proposal to switch package handlers could violate federal antitrust laws. The move could affect about 6000 jobs at Wilmington Air Park as DHL negotiates with UPS to replace ABX Air. ABX workers and a postal workers union campaign against the plan.
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Wilmington
Ted Strickland
DHL
United Parcel Service
ABX Air
Wilmington Air Park
Ohio
Strickland
Dhls
ABX
Bernanke Flags Inflation Focus and Fed Rate Stance
Fed Chief Bernanke places inflation atop concerns amid oil and dollar weakness. He signals no near-term rate cuts despite fragile growth and hints at potential hikes later if inflation worsens, while policy remains aimed at moderation and price stability.
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Washington
Federal Reserve
Ben Bernanke
Bernanke
U.S
Fed
Spain
Richard Yamarone
Argus Research
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