$140B in Boeing, Airbus orders good for Ohio suppliers
Boeing and Airbus combined for about $140 billion in orders on the first day of the Dubai Air Show, which should bolster the hundreds of their parts suppliers in Ohio, including many in the Dayton region.
Nearly $100 billion of those orders were booked by Boeing, which launched its 777X program at the show.
Boeing has roughly 500 suppliers in Ohio — supporting an estimated 250,000 direct and indirect jobs in the state — and spent about $8.3 billion in purchases from Ohio companies in 2011, according to company offic
Standard Register names new execs
Standard Register Co. is bolstering its executive ranks.
The Dayton-based document management and business communications company on Monday announced the appointment of four new officers including:
Greg Greve, executive vice president, enterprise delivery. Greve is responsible for overall operations, including manufacturing, customer service, logistics and distribution, technical services and development and engineering.
Manufacturer hiring 100 in Butler County
ThyssenKrupp Bilstein of America plans to expand its business operations in Hamilton and hire 100 new workers. It is planning a job fair to help find the new employees, according to the company.
The 100 jobs include a significant number of production and production support positions.
MillerCoors brews up 3Q profit
MillerCoors LLC third-quarter net income rose on a slight sales increase, with its higher-end brands carrying the load amidst more sales volume losses by its flagship brands, according to the Chicago Business Journal.
SABMiller plc of London and Molson Coors Brewing Co.
Ohio approves tax credits for GE Aviation's Evendale ops
General Electric Co. in Evendale is receiving an 11-year, 50 percent tax credit to keep thousands of jobs in Ohio.
The Ohio Tax Credit Authority on Monday approved the Job Retention Tax Credit for GE, which expects to retain 5,000 full-time positions and $140 million in existing payroll at its GE Aviation operations.
P&G reveals dollar details about 'breakthrough in packaging'
Details emerged Friday about cost savings that Cincinnati-based Procter & Gamble Co. expects as a result of launching its iMFLUX Inc. subsidiary, which plans to build a plant in West Chester.
The plastics technology that iMFLUX is developing could save P&G $150 million annually in packaging costs as well as reduce capital expenditures by $50 million a year, chief financial officer Jon Moeller said during a conference call with market analysts.
GE and Nextant Aerospace Announce Strategy to Bring New GE-Powered Aircraft to Market
GE and Nextant to collaborate on a family of GE-powered aircraft
The first product of this collaboration will be the Nextant G90XT turboprop which will feature the GE H80 engines and Garmin G1000 Integrated Flight Deck
DBJ Names Winners of Manufacturing Awards
The winners have been named for this year's Dayton Business Journal Manufacturing Awards after Thursday night's awards banquet at the Schuster Center in downtown Dayton.
Awards for first, second and third places were handed out in the categories for the second year in a row. More than 200 people attended the dinner.
Cincinnati's largest private company gets new CEO
AdvancePierre Foods, Cincinnati's largest private company, announced a change at the top today.
CEO Bill Toler has left the company, after serving as chief executive since 2008. He's been replaced by John Simons Jr., a longtime executive in the food, agribusiness and consumer goods industries. Simons holds an MBA from Harvard University and was a member of the 1980 U.S. Olympic Swim Team.
AdvancePierre is a $1.6 billion manufacturer and marketer of sandwich and protein products.
Multitasking’s “Big” Advantage
As demonstrated at this Cincinnati-area shop, machines that both mill and turn shine brightest when workpieces are massive.
Arguably, equipment that can perform both milling and turning is more valuable to shops that machine large workpieces than those churning out smaller ones. Shops using multitasking machines to produce conventionally sized parts realize the customary benefits of fewer setups, improved feature-to-feature accuracy and reduced WIP.
P&G rated No. 1 in world for leadership
Procter & Gamble Co. has surpassed General Electric as the No. 1 company in the world for leadership, according to the latest survey by a global management consulting firm.
Key considerations were how companies foster innovation and nurture talent, according to the Hay Group’s eighth annual Top 20 Best Companies for Leadership survey.
“People development is a strategic choice for P&G,” the Hay Group said.
French Oil Mill president talks biggest opportunities
It’s easy to see that Jason McDaniel’s mind is focused on making his business better.
Why else would McDaniel — who rose to president and chief operating officer at Piqua-based The French Oil Mill Machinery Co.
Exclusive: Manufacturer to move into Austin Business Park, hire 20
A manufacturing company will become the first tenant at the Austin Business Park on Byers Road this fall.
ElectriPack Inc., a manufacturer of wiring systems for large engines and robotics, is moving to a 30,000-square-foot space in a building near the intersection of Austin Boulevard and Byers Road.
The business park features the only commercial building developed on a speculative basis in the Dayton region since the recession, a testament to the confidence developers Mark Fornes Realty and Construction Managers of Ohio’s
Exclusive: Procter & Gamble eyes Dayton-area for massive project
Procter & Gamble is eying the Dayton region for a massive new distribution center and may have selected a location.
Multiple sources have confirmed that the consumer goods giant from Cincinnati has been talking to developers around the area recently about a new 2 million-square-foot distribution facility.
Gerry Smith, vice president with Miller-Valentine Gem Real Estate Group, said he has heard Procter & Gamble was looking for a site for a large new project in the Dayton area.
If the regio
Honda Investing Additional $215 million in Ohio Operations
Honda today announced that it will invest approximately $215 million in its Ohio operations to add new powertrain technologies and a technical training center at its engine plant in Anna, Ohio, while also establishing a technical training center, heritage center that highlights Honda’s history in Ohio and North America, and office space for the new Honda North America Services, LLC in Marysville, Ohio.
GE Aviation engine sets record in latest test
GE Aviation’s tests have shown that its new adaptive engine can exceed temperatures by more than 130 degrees Fahrenheit, the highest combination of compressor and turbine temperatures ever recorded in aviation history.
That might not come as a surprise to the company or those following it. GE Aviation reported in March that the engine’s core had set the record for the highest temperatures ever recorded inside a test engine.
The company says the test proves the durability of the hardware.
Two company expansions to bring 130 jobs
Two Greater Cincinnati companies plan to add 130 new positions as a result of expansion projects that have been approved for tax credits by the Ohio Tax Credit Authority.
SAEC/Kinetic Vision Inc. expects to create 30 full-time positions that will generate $1.4 million in additional annual payroll as part of its expansion in Evendale. It’s expected to retain $2.6 million in existing payroll, as well.
Cincinnati manufacturer expands overseas holdings
Cincinnati-based manufacturer Michelman is expanding its global footprint with the acquisition of a German polymer company.
Michelman purchased all of the assets, technologies and manufacturing facilities of Rechlinghausen, Germany-based Ecronova Polymer GmbH for an undisclosed amount. Corporate development officer Bob Poletti told me Michelman plans to keep all 60 Ecronova employees, bringing its global total to about 360.
“This is a new product area for us.
P&G to offer wireless charging in Starbucks
Procter & Gamble Co. is giving consumers a chance to try out wireless battery charging in a group of Starbucks stores.
The Cincinnati-based P&G’s Duracell Powermat will be available in Silicon Valley locations of the coffeeshop chain.
The technology is a solution to “dead battery anxiety” that smartphone users often feel, Stassi Anastassov, president of Duracell, said in a press release.
Wireless charging at Starbucks will comply with the Power Matters Alliance standard.
Springboro manufacturer launches new tablet
A local manufacturer looks to drive a revolution in the health care television market.
Rob Lowe, P&G team up to help dirty birds
Catching up with P&G’s sustainability optimist
Len Sauers is among the most optimistic people I know in the world of corporate sustainability executives. For years, I’ve watched him enthusiastically and relentlessly extol the commitments and achievements of his company, Procter & Gamble, where he is Vice President for Global Sustainability.
Flottman Company Receives A 2013 MANNY Award: Best Place To Work
Flottman Company, Inc. (http://www.FlottmanCo.com) a provider of marketing solutions, miniature folded pharmaceutical literature and commercial printing, has been recognized as 2013 MANNY Awards winner in the category of Best Place To Work. The MANNY Awards are an annual event sponsored by Cincy Magazine, Gardner Business Media and Cincinnati USA Regional Chamber.
GE Aviation Reports More Engine Orders From Paris Air Show’s Second Day
EVENDALE — The second day of the Paris Air Show, running this week at Le Bourget airport, brought more orders for GE Aviation.
The first day’s tally Monday for GE Aviation and its joint ventures was more than $6 billion worth of deals for engine orders and service agreements, said Deborah Case, GE Aviation spokeswoman.
Tuesday’s grand total was more than $9 billion, Case said.
Makino To Be Featured At Paris Air Show
MAKINO (Mason, Ohio) Chalet #C2
Makino will detail their latest technologies and process solutions for aerospace engine and structural component manufacturing. Paris Air Show attendees are invited to meet with Makino’s senior executives, key designers and applications engineers to discuss their unique challenges and discover all-new solutions for improved productivity, quality and profitability in titanium, aluminum, EDM and grinding applications. www.makino.com
Honda to unveil new Ohio manufacturing site
Honda North America will unveil a new central Ohio manufacturing site for its Acura NSX on Tuesday.
The Marysville-based automaker plans to make an announcement about eight miles west of its headquarters.
Acura said the new NSX will be powered by a mid-mounted, direct-injected V-6 engine paired with its sports hybrid, super handling all-wheel drive system.
Packaging company buys building for expansion
A local packaging company has purchased a second building to make room for expansion.
GE Aviation celebrates opening of new factory
GE Aviation is celebrating the grand opening of its $75 million jet engine components factory in Auburn, Ala., today.
The 300,000-square-foot advanced manufacturing plant will produce parts for GE commercial and military jet engines that are yet to be produced as well as those already in service.
GE will employ 50 at the plant initially and up to 400 workers by the end of the decade, depending on demand.
Honda spent $9.2B with Ohio suppliers, honors local companies
Three companies in the Dayton region made the list of top performing suppliers for Honda North America, which spent $9.2 billion with Ohio suppliers to produce autos last year.
F&P Manufacturing Inc. in Troy (excellence in delivery), Industry Products Co.
Balluff Inc. breaks ground on 3rd expansion in Independence
Balluff Inc., a German-owned supplier of sensing devices used in industrial automation applications, broke ground Thursday on a $6 million expansion in Independence.
The project is expected to create at least 24 new jobs in addition to more than 150 existing positions. The company located in Independence in 1983 and underwent two previous expansions in 1994 and 2001.
The facility on Holton Drive is Balluff’s final assembly, distribution and training site for the U.S.
Manufacturer to buy Dayton facility, hire 250 workers
A Miami County manufacturing company has now settled on the city of Dayton for its expansion and consolidation project that will bring 250 new jobs to the city of Dayton.
Tipp City-based Process Equipment Co. — which currently has three sites in Tipp City and one in Huber Heights — announced Monday it will be purchasing a 425,000-square-foot manufacturing facility on 30 acres located at 2333 McCall St. in Westview Industrial Park.
P&G plans to increase productivity with 20 new plants
Process Equipment to hire 50 new workers
P&G launches website to submit innovation ideas
Procter & Gamble Co. launched a website to further advance its open innovation as part of its Connect+Develop program, the Cincinnati Business Courier reports.
The website, pgconnectdevelop.com, allows innovators to access a full description of every need for the Cincinnati-based consumer products company, including scale and success criteria.
P&G (NYSE:PG) launched its Connect+Develop program more than 10 years ago and has developed more than 2,000 global partnerships.
Job openings a hot topic at Cincinnati Sub-Zero
Cincinnati Sub-Zero, a manufacturer of “temperature management solutions,” is looking to hire another 20 workers at its growing Sharonville facilities.
The company is holding a job fair on Saturday Feb. 16 at its Mosteller Road headquarters from 8 a.m. till noon.
Milacron to acquire Mold-Masters in $975M deal
Milacron LLC has agreed to acquire Toronto, Ontario-based Mold-Masters Limited, a global manufacturer of plastics injection molding technology.
Backed by private equity investor CCMP Capital Advisors LLC, Cincinnati-based Milacron will acquire all of the shares of Mold-Masters in a transaction with an enterprise value, including debt, of $975 million, the companies stated in a Feb. 12 news release.
The seller is United Kingdom private equity firm 3i Group PLC, which initiated an auction process for Mold-Masters last year.
Electrical parts company names new president
A Dayton-based electrical parts and services company has a new leader.
Jeff Hoffman has been named president of Staco Energy Products Co., the company announced late last week.
Hoffman’s background includes positions in sales, marketing and executive management at Fortune 500 companies including United Technologies, Emerson Electric and Berkshire Hathaway.
P&G to run Super Bowl ad
Procter & Gamble will run a 30-second ad for Tide during the upcoming Super Bowl, the first in five years for the top-selling laundry detergent.
Company officials are keeping details of the Super Bowl spot under wraps, but describe it as an “equity” ad meant to promote the Tide brand generally as opposed to a specific product.
Running in the third quarter, the ad will feature both the Baltimore Ravens and the San Francisco 49ers as they face off in professional football’s championship game on Feb.
French Oil Mill Machinery names new president
A Piqua manufacturing company has a new leader.
The French Oil Mill Machinery Co. announced Jason McDaniel is taking the role of president and chief operating officer. He was elected to the position this week at the company’s annual stockholder meeting and succeeds Daniel French, who will remain with the company as chairman and CEO.
“I am very pleased to have Jason McDaniel step into the role of president,” French said.
Mason plant named among ‘best plants’
IndustryWeek magazine and web site has named a Mason plant as among those receiving its “best plants awards.”
Harris Products Group, a Lincoln Electric Co., at 4501 Quality Place, was one of the winners. So was another Ohio plant, Warren Rupp Inc.
GE crafting innovative maintenance program
The support package will enable leasing companies to better control maintenance costs regardless of who is leasing and operating the aircraft, GE said in a news release.
Aldus currently has 20 Embraer regional E-Jets in its fleet and has an order for as many as 35 more.
GE is the sole supplier of engines for the current generation of E-Jets, although Embraer recently announced that a new-generation of E-Jets it intends to develop will be powered by engines from GE rival Pratt & Whitney.
Honda To Build Hybrid Accord In Ohio
Honda says it will start building a new hybrid Accord sedan at its plant in central Ohio this year.
The auto maker announced Thursday that it will invest $23 million and add around 50 new jobs at the Marysville plant to build the 2014 Accord hybrid sedan.
New GE Aviation joint venture to make jet engine components
GE Aviation — which has a growing Dayton-area presence — has established a joint venture with SeaCast Inc. to produce jet engine components.
The two companies created Montana Precision Products at SeaCast’s facility in Butte, Mo. SeaCast produces castings and specialty components.
The joint venture in Butte will produce tubes, ducts and small structural castings for GE jet engines.
Intelligrated marks latest HQ expansion
Intelligrated Inc. is holding a grand opening ceremony on Wednesday, Jan. 9 for its headquarters expansion in Mason.
Announced in late 2011, the project benefited from $15 million in city and state financial incentives.
It’s just the latest milestone in the company’s rapid growth spurt since it acquired the North American operations of FKI Logistex in 2009.
Green Bay Packaging buys Lebanon site for relocation project
Green Bay Packaging Inc. purchased the old World Color Press plant in Lebanon for $4.2 million and plans to relocate operations from its existing facilities in Sycamore Township. The company currently operates out of two smaller buildings on School Road. It will begin moving into the 269,00-square-foot building on 28 acres in Lebanon next month, according to a company statement.
“Ongoing sales growth has dictated the need for an improved and expanded manufacturing facility,” it said.
It’s a Bird…It’s a Plane…It’s Additive Manufacturing!
Manufacturing Innovation Blog
KDM acquires Georgia label manufacturer
Navy places order for GE engines
Dayton Business Journal
The U.S. Navy has exercised a contract option for 52 GE F414 engines.
On Tuesday, GE Aviation announced the deal, which will support the Navy’s plans to buy F/A-18E/F Super Hornets and EA-18G Growlers. This contract option follows the Navy’s decision to purchase 82 F414 engines earlier this year. Options for the Navy could increase the total buy to more than 200 engines through 2013.
Procter & Gamble raising expectations on innovation
Procter & Gamble Co. told analysts who visited Cincinnati last week that it’s getting ready to unleash a new wave of innovation.
GE Aviation acquires two Cincinnati-area suppliers
GE lands $2.4 billion in orders from Turkish Airlines
Honda investing $200M at two Ohio facilities, adding 200 new jobs
Ohio Manufacturer Gauges Their Success For Helping Other Manufacturers Reshore
Arnold Gauge, a Cincinnati Ohio based small manufacturer of high precision measuring gauges, is working with US manufacturers to bring manufacturing jobs back to the United States. To achieve this, Arnold Gauge designed and built a custom automated gauge for an automotive parts manufacturer to meet the highest standards in the industry.
GE Aviation Dayton research center to open next summer
P&G execs label Tide Pods as special kind of innovation
They’re now using the “D” word to describe Tide Pods.
That’s “D” for “discontinuous” or “disruptive,” as in the kind of innovation that Procter & Gamble Co. critics say the company has lacked in recent years.
GE Aviation, Cincinnati State training vets for advanced manufacturing jobs
GE Aviation and Cincinnati State Technical and Community College are part of a coalition launched Monday to train military veterans for thousands of jobs in advanced manufacturing.
Manufacturer to invest $2M in new equipment
Dayton Business Journal
Dayton-based Techmetals Inc. is planning a $2 million investment to expand its reach in the medical market.
The manufacturer wants to buy equipment that would add capabilities — and capacity — for services in high demand by device makers, said Dan Brockman, chief executive officer. It has 136 employees, up about 20 in the last two years, and would add five jobs as part of the latest project.
GE Aviation, Lufthansa sign engine parts, service deal
Emery Oleochemicals planning $50M expansion in Cincinnati
'Made in the U.S.A.' Bucking a 30-year Trend
For Lumitec, a lighting product company in Delray Beach, Florida, manufacturing in the U.S. is essential, but so is exporting to clients overseas.
Lumitec's products, which are designed for extreme environments, require exact specifications that need frequent product monitoring. So the lag time to make changes typically associated with manufacturing thousands of miles away in China is not an option.
West Carrollton display graphics firm to expand
A local display graphics company is doubling its space in West Carrollton to accommodate equipment it bought earlier this year.
Cincinnati’s Largest Private Company Wins Best New Product Award
Janson, Joyce named to Kasich's Executive Workforce Board
GE Aviation to Work With Air Force on Combat Engine
Michelman Establishes Indian Presence with Opening of Mumbai Location
CINCINNATI, OH – Michelman, a global developer of water based packaging coatings and surface modifier additives, is continuing its support of the burgeoning Indian market with the opening of new offices in Mumbai, India.
Led by Mr. Manoj Deorukhkar, Michelman’s new India Country Manager, the staff there will be responsible for serving existing Michelman customers, and developing new opportunities in the region.
Procter & Gamble planning nine new product launches
Procter & Gamble among world's most innovative companies, Forbes says
Procter & Gamble Co. is among the world’s most innovative companies, according to Forbes.
A list of the World’s Most Innovative Companies ranks P&G (NYSE: PG) at No. 27. It fell three spots from its 2011 ranking as the 24th most innovative company.
P&G is the only Cincinnati-based company to make the list.
MAG Gears Up for Chicago Trade Show with Giant Machining Tools
As MAG prepares for a big international trade show in Chicago early next month, the Erlanger-based machine tool company unveiled what officials described as game-changing new products at its plant in Hebron.
Jet Machine's New Building Means More Moves
GE Aviation joint venture lands $420M engine order
West Chester Manufacturer Expanding, Adding 20 Jobs
Republic Wire Inc. is expanding its manufacturing facility in West Chester by 165,000 square feet to keep up with orders and add new products.
The $6.7 million expansion will give it a total of about 360,000 square feet and add about 20 jobs at the Union Centre Boulevard plant. It now employs about 75 people.
“We are adding more machinery to keep up with current orders of copper electrical building wire,” said founder and CEO Ron Rosenbeck.
Michelman Strengthens Commitment to Indian Market with Addition of India Country Manager
Michelman has hired Mr. Manoj Deorukhkar as its new India Country Manager, a newly created position at the company. Mr. Deorukhkar will be responsible for oversight of all of the company’s business units within the country – Paper & Corrugated; Flexible Packaging; Chemical Specialties; and Fibers and Composites. His hiring is a key development designed to help Michelman introduce its entire portfolio of technology to this key market.
Clippard Instrument Laboratory Inc.
In 1941, William Leonard Clippard, Jr. founded a company that sold electrical test equipment, magnetic windings and radio frequency coils. In order to manufacture that equipment, Clippard Instrument Laboratory began designing and building the miniature fluid power devices for which the company eventually became widely known.
Honda Sales Up 42% in 2Q, Profit Quadruples
Honda Motor Co.'s 2012 comeback campaign led it to a 42 percent sales improvement in the quarter, boosting its bottom line after coming off a year in which natural disasters slammed sales and profit, the Associated Press reports.
Honda (NYSE:HMC) saw sales hit the $31.2 billion mark between April and June, including a doubling of sales in Japan and North America, the AP reports. The company, which maintains manufacturing operations in Central Ohio, sold 849,000 vehicles in the quarter.
Focus on Innovation is Key to Strengthening U.S. Manufacturing
As U.S. manufacturing gets molded by the current administration’s policy initiatives and the political rhetoric of presidential candidates, one thing remains clear: U.S. manufacturing needs to globally dominate if the United States is to remain an economic force. Although the U.S. is the world’s largest manufacturing economy, with about 21 percent of global manufactured goods produced here, that foothold is being threatened by its own policies on taxes, energy, and trade. Many have fingered innovation as a target for strengthening U.S.
Meyer Tool Expanding, Adding 50 Jobs
Cincinnati City Council passed a package of agreements at the end of June that will allow Meyer Tool Inc. to expand in Camp Washington.
The company plans to invest $3.5 million to construct and equip a new 30,000-square-foot facility at 3154 Spring Grove Ave. and to expand its existing building at 3055 Colerain Ave., allowing it to add 50 new jobs by 2015.
UK Aerospace, Defense and Security trade organization ADS and subsidiary Farnborough International Limited (FIL) reported that the 2012 Farnborough Airshow hosted 1,506 exhibiting companies vs 1,450 in 2010; orders for the show so far total US $72b vs $47b in 2010.
The Airshow's peak in terms of deals was reached in 2008 with a total $88.7b in orders.
This year's event, held July 9 - 15, had 70 delegations from 46 countries in attendance, though trade visitors overall were down by 9% year-over-year.
MAG’s New XTi Profiler Sets Metal Removal Record
MAG’s New XTi Profiler sets metal removal record machining titanium at 90+ cubic inches per minute.
Producing unmatched throughput, first two five-spindle XTi profilers will ship to Aerospace Dynamics International, Inc. Erlanger, KY,
Honda's Marysville Plant Production Ranks 7th in Nation
Honda Motor Co. Ltd.'s Marysville plant was one of two Ohio facilities to rank among Automobile Magazine's top-producing assembly plants in the country, the Vindicator in Youngstown reports.
The 285,258 vehicles assembled at the Marysville plant in 2011 ranked it No. 7 in the U.S., the newspaper reports. General Motors Co.'s Lordstown plant ranked No. 9, building 278,674 vehicles last year.
GE Aviation lands $5B engine order, service agreement
Cincinnati Business Courier
GE Aviation landed a $5 billion engine order and long-term service agreement with United Airlines, the company announced Thursday at the Farnborough International Air Show.
United Continental Holdings, parent company of United Airlines, ordered 100 advanced LEAP-1Bpowered Boeing 737 MAX airplanes.
LEAP engines are a product of CFM International – a 50/50 joint company between Snecma, part of Safran Group, and General Electric Co.
Ohio Heads to Farnborough International Airshow
The Farnborough International Airshow is a seven-day international aerospace exhibition held every other year in Hampshire, England. The show, which showcases the best of the global aerospace industry, was officially opened Monday, July 9th, by the British Prime Minister David Cameron.
The exhibition is a prime opportunity for the aerospace industry - part trade show, part deal-hatching sessions, part flying exhibition - known particulary for the announcement of new, major developments and orders.
GE Aviation Joint Venture Part of Busy First Day in Farnborough
Engines manufactured by Evendale-based GE Aviation and its French partner Snecma were part of a busy first day at the Farnborough air show.
Boeing Co. opened the show with a $7.2 billion order from Steven Udvar-Hazy’s Air Lease Corp., the first purchase by a lessor for the planemaker’s new, fuel-efficient 737 MAX. The 75-plane firm order is for 60 of the MAX 8 version and 15 of the MAX 9, Chicago-based Boeing said Monday in a statement at the show outside London.
Process Equipment Doubles Investment to $50 million
Dayton Business Journal
The owner of a local manufacturing company has committed to a $50 million expansion and consolidation project in Huber Heights, double the initial investment he announced just three months ago.
Tipp City-based Process Equipment Co. — which currently has three sites in Tipp City and one in Huber Heights — is gearing up to consolidate operations and eventually double its facilities to 500,000 square feet.
Managing energy costs and improving energy performance requires an ongoing commitment.
Permira Funds to buy Intelligrated
Cincinnati.com Mason Buzz
Intelligrated Inc., the fast-growing supplier of material handling systems to retailers and other companies, has been acquired by a European private equity firm for more than $500 million.
The acquisition of the Mason-based business by Permira, the private-equity owner of companies from Hugo Boss to Birds Eye food brands, was announced Friday.
P&G Shifts Back to Basics, Refocuses Efforts on Largest Product Lines
Procter & Gamble is refocusing on growing share in developed markets, a shift from its recent emphasis on expanding in emerging markets.
Jon Moeller, P&G’s chief financial officer, said Wednesday the company will refocus spending on its largest business lines, which include razor blades, laundry and diapers, mainly in North America and China.
UC, GE Aviation Launch Research Institute
The University of Cincinnati will spend $5 million during the next five years, along with millions of dollars from GE Aviation, to start a venture aimed at getting new technologies to market faster.
Details of the UC Research Institute emerged today as UC’s Board of Trustees, including Enquirer President and Publisher Margaret Buchanan, approved the business plan of the new group.
News Release: Low VOC Michem® Wood Coating 75 from Michelman Produces Excellent Water Beading and Anti-Swell Properties
CINCINNATI, OH – Michem Wood Coating 75 from Michelman is a new water based additive that penetrates wood surfaces and produces excellent water beading and anti-swell properties. When compared to uncoated wood, Michem Wood Coat 75 improves swell resistance by 80%, and extends the life and beauty of exterior wood. It dries completely clear and is typically used for outdoor wood
deck and fence applications.
Cincy Announces Winners for the 6th Annual Manny Awards
P&G Honored with Global United Way Award
The worldwide United Way organization has recognized Procter & Gamble with its most prestigious corporate prize, the Spirit of America award, for the company’s contributions not only in Greater Cincinnati and the United States, but around the world.
At its Worldwide Community Leaders Conference in Nashville, Tenn., on Wednesday night, the global United Way recognized the philanthropic contributions of P&G and its people, their volunteer efforts and their impact on communities.
Milacron Acquisition Closes
April 30, 2012
Milacron LLC, the 128-year-old provider of plastic processing equipment in Batavia, announced on Monday that its acquisition by a private equity firm has closed.
Terms of the deal were not disclosed. Milacron said the purchase will not change the company’s management or operations in Greater Cincinnati. Dennis Smith is Milacron’s chief executive officer.
Getting Dirty in Proctor & Gamble's Zero-Waste Initiative
What does 37 tons of food waste look like? Dirt, eventually.
That much I learned while trolling through the trash at Procter & Gamble Co.’s world headquarters building in Cincinnati on Thursday. No, I wasn’t mining the waste stream for corporate secrets. I was invited to go dumpster diving.
Process Equipment Set for $20M Expansion, 250 new jobs
A local manufacturer is gearing up for a $20 million investment in Huber Heights and looks to create at least 250 jobs during the next three years.
Tipp City-based Process Equipment Co. — which currently has three sites in Tipp City and one in Huber Heights — unveiled plans Thursday to consolidate operations to a 28-acre campus and double its facilities to 500,000 square feet.
Report: Ohio Leads Nation in Wind Power Growth
Dayton Business Journal
Wind energy is picking up across Ohio. The Buckeye State ranks as the fastest-growing state in the country in terms of percentage increase in wind power capacity, according to the AWEA U.S. Wind Industry Annual Market Report Year Ending 2011. Ohio saw its capacity grow by 929 percent last year, ahead of Vermont (625 percent), Massachusetts (152 percent) and Michigan
Aluminum 6061 Now Available for DMLS - Alloy is Ideal for a Variety of Applications
Morris Technologies, Inc. (MTI), the global leader in additive metal manufacturing, now offers Aluminum 6061 for use on their EOS direct metal laser sintering (DMLS) machines.
Aluminum 6061 is a general-purpose alloy and sees wide application in aerospace, transportation, consumer products, medical, and other industries. It demonstrates properties superior to casting aluminums.
P&G Goes for the Gold in Olympics - Biggest Global Ad Campaign Futures US, World Athletes
The globe’s biggest advertiser is launching its biggest global advertising campaign.
Procter & Gamble will soon hit the airwaves and stores with its worldwide marketing campaign tied to the 2012 Olympics, part of a 10-year sponsorship of the Games.
DuBois Chemicals Owner Acquires Galaxy Associates
The Riverside Co., which owns DuBois Chemicals in Sharonville, acquired Blue Ash-based Galaxy Associates.
Terms of the deal were not disclosed.
Both DuBois Chemicals and Galaxy Associates manufacture specialty chemicals and solutions. Galaxy – founded in 2002 by the late Cincinnati philanthropist and entrepreneur, Mel Fisher – provides chemicals such as metalworking fluids, process chemistries, conversion coatings, sealing rinses and cleaners.
With Oral-B, Procter & Gamble Stalks South America
In Brazil, one of the world’s fastest-growing countries but still a relatively poor one, Procter & Gamble Co. has learned a critical lesson from selling its Oral-B toothpaste.
When properly motivated, Brazilians will spend like Americans. And so will customers in other countries that have been perceived as not being ready to adopt P&G’s relatively expensive products. That’s the plan, at least. And with Oral-B, it appears to have a success story.
Appetite Grows for JTM Meat, So Harrison Plant Expands, Modernizes to Meet Demand
There’s nothing small about a daily operation that crumbles up to 125 tons of bulk meat into bite-size pieces, cooks it, drains the fat, then transports the product three stories high across the street for a quick-freeze and storage.
That’s why JTM Food Group is spending $17 million to expand its Harrison plant, the largest investment in the company’s half century of business.