The United States has more than 450 military installations, and all of them are development magnets to some extent. All federal agencies awarded $178.6 billion to small businesses in 2023, up $15.7 billion from 2022.
Clearly, being close to military bases can pay off. That insight was celebrated at the Dayton Convention Center this week.
Coalition hails ‘impact of proximity’ in annual meeting
Location, location, location: Being close to Wright-Patterson Air Force Base —where the future of the Air Force is researched and planned — has tremendous value, attendees agreed at the Dayton Development Coalition’s annual meeting this week.
Citing “challenges in the business environment,” Wilse Inc. is telling customers and employees that two plants in Moraine will close by Feb. 14.
Impact: Employees told me that nearly 50 employees are affected. A letter from the company to customers says plants at 2221 Arbor Blvd. and 2671 E. River Road will shut down.
What they’re saying: A letter on Wilse Inc. letterhead shared with this newspaper states: “For the last several months, Wilse has experienced financial difficulties due to economic changes within our industry. In the past years we have taken action to adapt to this new market with our product and process. Unfortunately, this action has not increased profitability.”
When you sell 272 million eggs a year, that gets pricey. Especially these days.
This story was everywhere this week, from CNBC to the New York Times: Waffle House is passing on the high cost of eggs to customers.
No yolk: According to the restaurant’s website, Waffle House has more than a dozen family-operated farms supplying eggs.
Rose Acre Farms in Indiana supplies more than half of the eggs consumed at Waffle House.
The numbers: The average price of a dozen eggs hit $4.15 last month, according to the Bureau of Labor Statistics. In December 2023, a dozen of eggs cost $2.51.
Not every day is the public told that top executives will have their compensation reduced.
But that was part of the message recently when the institute sent a letter to supporters. The museum also pledged to update its financial reporting schedule and search for cost savings.
Our reporting: A recent Dayton Daily News investigation found the museum has been in the red for five years. It recorded several millions of dollars in losses those years, its board of trustees gave two of its executives salary increases of up to 80% the year after it saw a $2 million loss in revenue and it reported different revenue numbers on a community report and its federal 990 tax form in at least two recent years.
Contact me: Thank you for reading, as always. You can tell me about your business at tom.gnau@coxinc.com. You can also send me DMs on X, and I’m on LinkedIn and at our Dayton Business page, with my busy colleagues.
Bistecca, inspired by the flavors of Tuscany, blends Italian culinary traditions with a modern flair. Guests can expect handmade pastas, wood-fired grill selections and signature cocktails.
After a soft opening last month, Homefull recently held a grand opening of its Gettysburg Grocery, which includes space for the third Ziks Pharmacy and a new Kettering Health primary care office.
A Dayton Daily News examination of the Dayton Art Institute’s past finances, salary hikes for executives and budget challenges looking ahead prompted its board to reach out to members with further details on its path forward.
More Than A Apron in Miamisburg is rebranding to D’s Birria and More and has plans to expand via food truck and hopefully a new restaurant space early next year.
As several restaurants announced closures last month, just as many have opened and even more have announced plans to open soon. Here's a look at our January Restaurant Roundup:
Carl Johnson, the owner of Members Only 937, is opening a steak house in the former location of 1Eleven Flavor House with his nephew, Celebrity Platinum Chef Jay Jones.
Le Torte Dolci continues hosting and adding different types of classes after years of success.
You received this email because you signed up for Dayton Business or because it is included in your Dayton Daily News subscription. If you don’t want this weekly newsletter, unsubscribe here.
