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Dayton Daily News from Dayton, Ohio • 6

Publication:
Dayton Daily Newsi
Location:
Dayton, Ohio
Issue Date:
Page:
6
Extracted Article Text (OCR)

A6 COMPLETE. IN-DEPTH. DEPENDABLE. TUESDAY, APRIL 9, 2013 LOCAL BUSINESS Caribou rebranding, closing Business ON WALL STREET Dow Industrial 14,613.48 Nasdaq 3,222.25 500 1,563.07 Gold (COMEX) $1,572.00 LOCAL HELD STOCKS 52-week High Low Stock Close Chg. 52-week High Low Stock Close Chg.

52-week High Low Stock Close Chg. 52-week High Low Stock Close Chg. 52-week High Low Stock Close Chg. 12.949.52AES Corpdd12.59+0.16 7.742.88AK Steeldd3.09+0.03 38.5829.95AT&T Inc3037.62+0.05 36.8928.25AbtLab s1036.55+0.24 13.305.80AccoBrds46.32+0.07 90.5176.11AirProd1885.65+0.52 36.2930.01Altria1735.26+0.42 45.5732.41Ass∂rant845.77+0.76 45.4536.25BP PLC641.22-0.30 45.3634.45BobEvans1641.99-0.14 7.184.23CascdeBcp516.65+0.13 109.7778.25Caterpillar1084.19-0.41 40.6025.00CedarF3240.50+0.10 47.8533.06CinnFin1947.79+0.43 45.9435.41Cintas1844.25+0.39 47.9224.61Citigro∂p1443.56+0.55 19.1711.45DeanFds2117.76+0.40 72.6859.63D∂keEn rs2073.01+0.96 53.3837.61Fastenal3550.29+1.10 8.634.47FedSignldd7.50+0.18 16.7712.04FifthThird1016.22+0.20 18.0013.87FFnclOH1415.79+0.17 51.1438.26FirstEngy1944.40+0.31 169.5498.41Flowserve19161.49+1.37 14.308.82FordM1012.78+0.34 23.9018.02GenElec1823.12+0.19 844.00556.52Google23774.85-8.20 35.5724.69Hill-Rom1834.52+0.37 40.0028.50Honda...39.19+0.59 75.7652.21HonwllIntl2073.55+0.57 7.555.81H∂ntBncsh107.35+0.14 65.6049.07ITW1261.90+0.33 215.90181.85IBM15209.32-0.09 51.0030.83JPMorgCh948.58+0.67 10.196.80Keycorp119.81+0.15 33.2820.98Kroger1231.88-0.16 96.5980.14LockhdM1195.09+0.56 92.7333.66MarathPet883.36+0.99 38.1718.17Navistardd32.54+2.01 29.9123.14NiSo∂rce2230.18+0.31 67.8953.36PNC1266.07+0.83 45.2625.77PackAmer2744.66+0.41 72.3760.80ParkNatl1467.97+0.17 36.8914.10Penneydd15.87+0.42 79.8864.64PepsiCo2079.50+0.91 79.1559.07ProctGam2078.79+0.56 37.7323.01RavenInd s2231.25-0.46 34.5320.11ReedElsNV...33.10+0.51 30.4214.43RexAmResdd18.87+0.28 1.200.45StdRegisdd.70+0.04 15.049.59TCF Fncldd14.68+0.11 80.9750.40Teradata2253.30-0.05 45.7526.27Thor Inds1436.07-0.02 106.7272.04Toyota...108.71+2.21 35.4628.58US Bancrp1233.69+0.33 24.3711.40UnvElc2022.29+0.27 36.0227.46Vectren1936.22+0.29 77.6057.18WalMart1577.29+0.90 11.097.46Wa∂sa∂Papcc10.60+0.33 25.0220.63WernerEnt1723.46-0.20 24.8519.08Wesbanc1323.63+0.10 LOCAL HELD STOCKS Stock Close Stock Close AES Corp12.59+0.16+17.7 AK Steel3.09+0.03-32.8 ITW61.90+0.33+1.8 IBM209.32-0.09+9.3 DEVELOPMENT City looks at museum proposal Dayton government cials are speaking with representatives of Preservation Dayton Inc. and the British Transportation Museum about their desire to take control of the Gem City Ice Cream building, 1005 W.

Third St. In a March 26 email to supporters, Pete Stroble, president of the British Transportation Museum, said the groups want to restore the building. it into a fully functioning museum will be dependent on fundraising Strobel wrote in the email. STAFF REPORT HEALTH CARE New service available for stroke patients Hospital group Premier Health Partners is rolling out telemedicine technology at its four hospitals for treating stroke patients. The new service has been introduced at Atrium Medical Center in Middletown and Good Samaritan Hospital in Dayton.

It will also go in at Miami Valley Hospital downtown Dayton, including Miami satellite in Centerville and Jamestown, and Upper Valley Medical Center in Concord Twp. in Miami County, Premier said. When a stroke patient arrives at one of emergency departments, they can be examined by a computer linked remotely to one of six on-call stroke specialists practicing at one of the hospitals any time. The specialist using the telemedicine technology to examine the patient will have two-way audio and video communication. STAFF REPORT RETAIL New bike shop to open in Miamisburg A full-service bike shop called The Bike Way Bike Shop that will rentals is scheduled to open on or about April 19 at 18 N.

Main St. near the Great Miami River Trail bike path in Miamisburg. The new bike shop is owned by Rick John of Germantown. John said The Bike Way will sell new bikes and repairs to all makes. The new bike shop will likely hire two part-time employees.

The Bike Way Bike phone number will be 937384-0337. MARK FISHER IN BRIEF By Mark Fisher Writer The two Dayton-area Caribou shops appear to have escaped the corporate axe that will fall on all Cincinnati-area Caribou locations, including two in the West Chester area. The stores are scheduled to close for good on Sunday. The two Dayton-area Caribou stores will remain open but will be converted to Tea sometime in the next 12 to 18 months, an employee of the Caribou shop at 5839 Far Hills Ave. said Monday.

And a spokesman for The Greene said the Caribou shop at 45 Plum St. in The Greene not but had no information on the re-branding. Minneapolis-based Caribou announced Monday that it will close 80 this Sunday, but did not identify the stores. Employees at the two West Chester- area Caribou shops at 4747 Tylersville Road and 7755 Cox Lane said Monday that their stores were among the Cincinnati- area stores that are scheduled to close at noon Sunday. Company said in a news release that the Caribou shops that remain open in Ohio and in seven oth er states be converted to Tea locations over the next 12 to 18 A German company, Joh.

A. Benckiser Group, bought Caribou in December 2012 for $340 million, taking the once publicly traded company private. Earlier in 2012, the German conglomerate bought California- based Tea for $972 million. chairman, Bart Becht, told the Minneapolis Star Tribune in December that Caribou a fantastic brand and unique culture and perfectly with (the investment philosophy of investing in premium and unique brands in attractive growth categories like But in announcing the 80 store closings Monday, company said, the past few months, we at Caribou have revisited our business strategy, including closely evaluating our performance by market to make decisions that best position us for long-term growth. While the decisions made have been for our team in Minneapolis, as well as our team members across the country and our guests and fans everywhere, we are working to make this transition as seamless as possible for the Caribou Contact this reporter at 937-225-2258 or email Mark.Fisher@coxinc.com.

Dayton-area shops will be Tea; Cincy locations closing. LOCAL COMPANIES HEALTH CARE SYSTEM Aetna pay up By Tom Murphy Associated Press Aetna Inc. missed an earnings goal last year, so the health insurer chopped the performance-based bonus it awarded Chairman and CEO Mark T. Bertolini. But the total compensation still rose 26 percent in 2012.

Bertolini, 56, received compensation valued at $13.2 million last year, according to an Associated Press analysis of the Hartford, annual proxy filing with the Securities and Exchange Commission. up from about $10.6 million in 2011. In 2012, Bertolini received a $977,159 salary, which fell slightly compared to 2011, and a bonus of $892,800, which was down 55 percent. But the insurer also gave Bertolini stock awards totaling $11.1 million, a 52 percent hike compared to the previous year. It granted those awards Feb.

2, 2012. Aetna, the third- largest health insurer, also spent $201,093 on personal use of corporate aircraft and around $16,000 to upgrade the home security system. The company said it did this light of concerns regarding the safety of Mr. Bertolini and his family as a result of the national health care Company spokeswoman Cynthia Michener said Bertolini and his family have not received any threats. Last year, Bertolini guided the insurer through a major acquisition.

Aetna announced in August that it planned to buy Medicare and Medicaid coverage provider Coventry Health Care for $5.7 billion. The company also pleased shareholders by raising its quarterly dividend payout to 20 cents per share from 17.5 cents at the end of November. His 2012 compensation would have been more, but his bonus was cut. By Thomas Gnau Writer MORAINE Twenty years after Miami Industrial Trucks Inc. became a Caterpillar dealer, Mark Jones, the president and chief executive, has no regrets.

decision ever Jones said Monday at the Moraine headquarters of the material-handling equipment and service business that stretches from Dayton to Richmond, to Toledo. For the 37 years, the dealership was a Clark forklift dealer. But the switch to Caterpillar made sense, Jones said. The quality of products and support the dealership gets from Mitsubishi-Caterpillar Forklift of America Inc. which makes forklifts in the United States, Canada, Mexico and Latin America is strong, he said.

The area has a stronger awareness of Caterpillar after Caterpillar Logistics built a 1.5 million square-foot distribution center in Clayton, Jones said. Even in a weak recovery, the dealership is growing. While the Dayton area have the number of manufacturing operations it did decades ago, it has more distribution and logistics operations, Caterpillar, Collective Brands, Syncreon and others among them. has declined, but distribution is replacing Jones said. Miami Industrial saw $35.3 million in revenue last year, up slightly from $33.4 million in 2011, Jones said.

He expects 5 percent growth in 2013 healthy, but not explosive. The situation is the same for many of his customers, he said. The company has 152 employees total in four locations (Moraine, Troy, Findlay and Toledo) with 78 of the workers in Moraine. Steve Vestal, a spokesman for Miami Industrial, said employees tend to stick with the company, with technicians having 12 average years of service there. really the key to our Jones said.

Last month, Cat Lift Trucks named Miami Industrial a for dealer of the year. The company provides forklifts, personnel carriers, dock doors, batteries and chargers, and aerial work platforms. Moraine dealership shows steady growth. Miami Industrial Trucks named a dealer of the year by Cat Lift Trucks. Purring with Caterpillar Miami Industrial Trucks, a Caterpillar lift trucks and equipment dealership in Moraine, is led by CEO Mark Jones.

CHRIS STEWART STAFF LOCAL COMPANIES Associated Press MOBILE, ALA. Airbus broke ground on its U.S. airplane assembly plant Monday with a ceremony marking the start of a project that could help transform coast into an aerospace center. Top company executives and state leaders were in the port city for the event, held at the Airbus site at Brookley Aero plex. A jetliner parked behind the stage provided a backdrop for the occasion.

Mayor Sam Jones recounted how it took seven years to bring aircraft manufacturing to the Alabama coast. future and future are tied together, and extremely proud of said Jones. The $600 million factory is expected to employ 1,000 people once production of the Airbus A320 jet begins around 2015. In October, Airbus signed an agreement with the National Composite Center in Kettering for it to provide training for Airbus workers. Keivan Deravi, an economist with Auburn University Mont gomery, compared decision to locate in Alabama to the decision by Mercedes-Benz in 1993 to construct its U.S.

assembly plant west of Birmingham in Tuscaloosa County. The Mercedes decision Alabama a global powerhouse in the automobile and Airbus could do the same for aerospace, he said. The ceremony came as the major Airbus supplier, Safran Engineering Services, opened its new in Mobile. The company plans to employ about 50 people at an engineering support facility. The Mobile factory will join Airbus assembly plants in France, Germany and China.

Airbus parent European Aeronautic Defense and Space Co. had planned to build a new Air Force refueling tanker in Alabama, but Boeing won the contract in 2011. Airbus announced last year it would construct a jetliner assembly line near downtown Mobile. The Airbus plant is being built at the Brookley industrial park. North Alabama already has a strong aerospace industry with Marshall Space Flight Center in Huntsville and a Delta rocket factory operated by United Launch Alliance nearby at Decatur.

Airbus starts plant construction in Alabama Kettering center to provide training for some workers..

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Pages Available:
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Years Available:
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