Your local business news source
Email not displaying correctly? View Online
Dayton Daily News
Dayton Business

BY THOMAS GNAU
Friday, August 23, 2024
 
 

It’s Friday. I’m actually off today for some quality time with my wife, a teacher whose school year starts Monday. But the newsletter show must go on.

Building a flying car takes time. Joby Aviation — you remember that company, right? — is arguably the leader in the electric vertical takeoff and landing vehicles (eVTOL) industry. It has built three production prototypes of its current aircraft — and Joby has been around since 2009.

And for a vertically integrated business making most of its own components, building a place to build that flying car? Yep. That also takes time.

Joby Aviation says Dayton production will launch early next year

A render of Joby’s proposed manufacturing facility in Dayton, Ohio, which will support production of up to 500 electric vertical take-off and landing (eVTOL) aircraft per year. (Photo Credit: Joby Aviation)

What you need to know: Dayton is still prominent in Joby’s manufacturing plans. Joby continues to control a former air mail facility on Concorde Drive near Dayton International Airport, and we should begin to see retrofitting of that building next month, with production happening next year.

The quote: “The market is huge, the demand is huge,” said Greg Bowles, 48, a Cleveland native and Joby’s head of government affairs. “I’m really excited. I grew up in Ohio. I’m really excited to see all these aircraft all over the world come out of Ohio.”

Speedway owner is a takeover target

Enon-based Speedway is one of the largest convenience store chains in the U.S. Bill Lackey/Staff

The situation: The owner of 7-Eleven and Speedway convenience stores has received a buyout offer from Canada’s Alimentation Couche-Tard.

Japan’s Seven & i Holdings said a committee has been formed to review the bid, but released no other details.

Innomark set to make its mark

Innomark Communications plans to mark its expansion of a 97,000 square foot facility on South Tech Boulevard that started in August 2023. CONTRIBUTED

Credit: CONTRIBUTED

How: Innomark Communications has announced the relocation and expansion of its Springboro digital printing operations.

Where: An Innomark executive has said the visual merchandising company with hundreds of employees planned to spend $10 million to build a 97,000 square foot facility at 3253 S. Tech Blvd. off Ohio 741 near Dayton Wright Brothers Airport.

Union is officially an Amazon town

Amy Stuckey loads boxes onto robots that whisk products around Amazon's 2.8 million square feet Amazon Union Fulfillment Center. JIM NOELKER/STAFF

Credit: Jim Noelker

VIPs and the media finally got a chance to check out the big Amazon distribution facility in Union, not far from Procter & Gamble and all the other big distribution sites in that area.

Wearing protective helmets and steel-toed shoe coverings, they came away impressed.

Money quote: Ohio Lt. Gov. Jon Husted sometimes likes to wax poetic about business and development. Here’s what he said Wednesday.

“When you’re an Amazon community ... that says something about your capacity from a workforce point of view, from a logistics point of view, and from an infrastructure point of view. Here in the Dayton region, this area was once cornfields and a dream, and now it’s home to the most high-tech commerce on the globe. That is a great brand for Dayton.”

Tipp City positions itself for development near I-75

The now-closed Food Town grocery was a staple of the Tipp City Plaza. City officials are hiring a consultant to study the possible redevelopment of the plaza.

Years ago, I interviewed the then-head of the Ohio Department of Transportation about the possibility of a new interchange in the Middletown area with Interstate 75.

He told me that as an economic resource, interstates are “priceless.”

It’s hard to disagree.

Writer Nancy Bowman tells us that Tipp City Council is being asked to consider issuing $4.5 million in bond anticipation notes for the purchase of 12.15 acres near West Main Street for development.

Next steps: Council President Kathryn Huffman has been working with Woodard Development of Dayton on a plan for Tipp’s “Uptown Area,” along West Main Street on both sides of I-75 to the County Road 25A intersection.

How to contact me: Thank you for reading this newsletter, wherever you are. You can tell me about your business at tom.gnau@coxinc.com. Direct messages also always on at my Xwitter account. And if Facebook is more your speed, you can find me here and at our Dayton Business page here .

Quick hits

Trolley Stop owner is looking for a buyer. And for a chance to start a new chapter in her life.

This wasn’t the end he deserved. Joey Votto says farewell.

Area employment hits new (or actually old) heights: Here are the numbers.

MORE BUSINESS NEWS
Brown's Run Golf Course has a new pro shop and pavillion with new Water Tower Bourbon & Beers clubhouse in Madison Township. NICK GRAHAM/STAFF
Brown’s Run upgrades pro shop, opens outside pavilion, upgrades irrigation system
After realizing operating a full-service restaurant wasn’t financially feasible, the owners of a Butler County golf cour...
When the workday ends in Dayton-Kettering, the fun begins. The metro ranked 16th for most food and drink establishments per 100,000 residents, offering no shortage of options to unwind and indulge after a long day,
Dayton ranked fourth best city for young professionals to live in the U.S.
The livability of a community comes down to a wide variety of factors — housing, transportation, healthcare, education, ...
The Montgomery County Workforce Development Services hosted their Spring Job Fair Thursday, April 27, 2023 at the University of Dayton Arena. Job seekers had the opportunity to meet with nearly 150 local employers and explore a variety of jobs. MARSHALL GORBY\STAFF
Dayton jobs: Employment at highest level since before the Great Recession
Dayton jobs: Employment at highest level since before the Great Recession
Fairborn is focusing on redeveloping the site of a former shopping center on Ohio 444, a priority site for the city thats across from Wright-Patterson Air Force Base. FILE
Fairborn to develop former Skyway Plaza shopping center into office space
Fairborn's development corporation plans to take the former Skyway Plaza and turn it into office space for defense contractors.
File
Wright-Patt Credit Union again named Air Force credit union of the year
Air Force salutes Wright-Patt Credit Union
Thai Village is now open at 5201 Cornerstone N. Blvd. in Centerville. The restaurant is holding a soft opening with a limited menu through Sept. 1. NATALIE JONES/STAFF
PHOTOS: Take a look inside Thai Village in Centerville
After selling Thai Table in June, former owner Sue Whitted is opening a new restaurant a few miles down the road at Cornerstone of Centerville on Thursday, Aug. 22.
The Black Fly electric vertical takeoff and landing vehicle (eVTOL), above Springfield-Beckley Municipal Airport Wednesday Aug. 21, 2024. MARSHALL GORBY/STAFF
Gnau: Springfield flight of BlackFly eVTOL wowed crowd, stopped drivers
BlackFly eVTOL makes its case in Springfield flight tests
Former AK Steel research building on Curtis Street in Middletown. NICK GRAHAM/STAFF
Decades-old Middletown steel research facility repurposing to house new company
The decades-old CERTA/AK Research Building purchased by the city of Middletown in 2021 is on track to be the new home of...
WATCH VIDEO: Amazon uses latest robotic technology at state-of-the-art Union fulfillment center
Amazon celebrates one year of operations for its Union fulfillment location
A Montgomery County photo of the building at 4825 Gateway Circle.
New local Pella business owner purchases Kettering site for $1.4 million
New Pella business owner purchases Kettering building for $1.4 million
Dayton Daily News
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.

You can manage your email preferences here.
Stay connected anywhere, any time with the Dayton Daily News app.
Get it on Google Play Download on the Apple App Store
Twitter Facebook LinkedIn Instagram TikTok
Today’s ePaper  |  Manage Account  |  Terms of Use
Privacy Policy  |  Unsubscribe