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Dayton Daily News
Dayton Business

BY THOMAS GNAU
Friday, November 08, 2024
 
 

The ED/GE program is back.

Not that the program ever truly went away (notwithstanding a certain global pandemic not so long ago). But twice a year — every late October/early November and April — companies that want to move to (or within) Montgomery County, companies on the cusp of big (and not so big) investments or expansions, seek Montgomery County Economic Development/Government Equity grants.

For all of us, it’s a chance to see what companies large and small want to do, to put our thumbs on the pulse of the local economy.

The businesses seeking the grants run the gamut, from machine shops that need new roofs and plumbing systems to Chinese auto glass manufacturers looking at empty General Motors plants that become the subject of Academy Award-winning documentaries.

Unnamed manufacturer looks to invest $11M, create 70 jobs in Brookville or Union

The interior of 950 Forrer Blvd. CONTRIBUTED

Ten companies seek Montgomery County grants for business expansions or moves, including an anonymous manufacturer looking to create up to 70 jobs in Brookville or Union, the county said this week.

Among them: An unnamed custom weld and fabrication manufacturing company has applied for $250,000 in county ED/GE funds to locate operations in one of the two jurisdictions, Brookville or Union.

Other projects: Sierra Nevada Corp. in Dayton seeks $1 million for its third and fourth hangars; Miami Township seeks $390,000 for Accelevation, in a project that would consolidate three facilities into a single site at the First Flight Commerce Center, and more.

What drives Ohio’s biggest credit union?

Timothy Mislansky, president and chief executive of Wright Patt Credit Union Inc. speaks with Kristine Massie, who works in the credit union's Beavercreek member help center. THOMAS GNAU/STAFF

Customers and market opportunities seem to be top of mind for Tim Mislansky, Wright Patt Credit Union’s president and chief executive.

What they’re doing: WPCU remains anchored in Beavercreek but increasingly, Mislansky and his team have been searching out growing areas, especially in the Columbus region, for new member centers.

The credit union is also moving to assist businesses in underserved markets as well as legally licensed medical marijuana businesses.

What they’re saying: “There are only so many people in Dayton, Ohio. So as we looked at markets — and this started about 10 or 12 years ago — Columbus being the state capital, having the Ohio State University there, some really strong, stable employment bases ... there’s an opportunity for us again to bring Wright Patt Credit Union benefits to a larger percentage of the population,” Mislansky told me.

Making the hard decision to move on: Owners list Miamisburg brewery for sale

Lucky Star Brewery in Miamisburg.

Credit: Lauren Rinehart for Dayton.com

This news disappointed a lot of readers. Natalie Jones reported that Glenn and Ana Perrine have put the Lucky Star Brewery in Miamisburg up for sale.

More than beer: The brewery features a cantina with authentic Mexican-flavored dishes like chicharrones, pozole, tacos, quesadillas, fajitas, nachos and more.

What they’re saying: “We’re at that point in our life where we’ve done this for 10 years,” said Glenn Perrine. “My dad passed away a couple years ago. Her dad passed away just last year and we started thinking, how many more years do we have left to get out and do what we want to do?”

Five area furniture stores slated to close after owner seeks bankruptcy protection

American Freight image

When a story does well on the web, I pay attention. So do my colleagues. This next story attracted a few eyeballs.

So what happened? American Freight Furniture and Mattress, a furniture retailer with nearly 400 stores nationwide, is shutting them all down.

Why? This is the upshot of a restructuring agreement and a flight to bankruptcy protection by the company’s parent, Franchise Group, owner of American Freight and Buddy’s Home Furnishings.

Joby Aviation and Toyota: Partners in manufacturing

JoeBen Bevirt, Founder and CEO of Joby, and Akio Toyoda, Chairman of Toyota Motor Corporation, celebrate the historic flight. Photo: Toyota

When Joby Aviation principals speak of Toyota these days, the tone is increasingly one of profound gratitude. It’s not hard to understand why.

A solid relationship: Toyota has agreed to invest half-a-billion-dollars into Joby, helping to make Joby’s balance sheet the healthiest in the eVTOL (electric vertical take-off and landing) aircraft industry.

What’s next: Didier Papadopoulos, president of aircraft original equipment manufacturing for Joby, said in a conference call with industry analysts that Toyota is helping the company refine its nascent manufacturing work — including its planned operation in Dayton.

Community Gems: More than 50 people or organizations were named Dayton Daily News Community Gems this year: See who they are and what they are doing for their community. Read about them all HERE.

Contact me: As always, my thanks to you for reading your business newsletter, brought to you every Tuesday and Friday. You can write me any time at tom.gnau@coxinc.com.

Quick hits

Another Frisch’s store: Closes its doors.

Another Dollar General store: Closes its doors.

Toasted Brunch Bar + Cafe opens today: Near Fairfield Mall.

Farewell to Ron Holp: founder of Ron’s Pizza

MORE BUSINESS NEWS
About 60,000 Dayton area residential and business customers of an electricity coalition will be switching to a new supplier familiar to several cities and townships in the region. NICK BLIZZARD/STAFF
Local energy aggregation group saving customers money will get new supplier
Average customer savings has been hundreds of dollars in first year of in aggregation group that includes Centerville, Fairborn, Kettering, Miamisburg, Oakwood, Trotwood and Troy.
Bentinos Pizza of Yellow Springs will soon offer a full-service dining room. NATALIE JONES/STAFF
Bentino’s Pizza of Yellow Springs to open full-service dining room
Bentino’s Pizza of Yellow Springs will soon offer a full-service dining room for customers to kick back and enjoy their favorite pies and calzones.
The Frischs Big Boy at 20 Troy Town Drive in Troy is permanently closed, according to a sign posted at the restaurant. NATALIE JONES/STAFF
Another Frisch’s Big Boy shuts down in latest wave of closures
The Troy Frisch’s Big Boy location just off of West Main Street is “permanently closed,” according to a sign posted at the restaurant.
American Freight image
Five area furniture stores slated to close after owner seeks bankruptcy protection
American Freight Furniture and Mattress closing five area stores in wake of restructuring agreement.
Toasted Brunch Bar + Cafe, a new restaurant concept specializing in traditional American and internationally fused breakfast, lunch and dinner options, is opening Friday, Nov. 8 just outside of the Mall at Fairfield Commons in Beavercreek. NATALIE JONES/STAFF
PHOTOS: Sneak peek inside Dayton's newest brunch bar and cafe
Toasted Brunch Bar + Cafe, a new restaurant concept specializing in traditional American and internationally fused breakfast, lunch and dinner options, is opening to the public Friday, Nov. 8. The Beavercreek restaurant is located just outside of the Mall at Fairfield Commons in the former space of Melt Bar & Grilled at 2733 Fairfield Commons Unit C.
JoeBen Bevirt, Founder and CEO of Joby, and Akio Toyoda, Chairman of Toyota Motor Corporation, celebrate a recent exhibition flight. Photo: Toyota
Joby Aviation announces new ‘manufacturing alliance’ with Toyota
Joby hails new 'manufacturing strategic alliance' with Toyota
Brittany Lykins (left) and her mother, Rebecca Bennett (right), opened Milk + Honey Boutique at 23 East Central Ave. in Miamisburg on Friday, Nov. 1, 2024. The business operates in a building that started out in 1928 as The Mutual Building & Loan Company. JIM NOELKER/STAFF
New boutique banking on Miamisburg building with a lot of history
A mother-daughter duo is introducing a new boutique to Miamisburg’s growing downtown....
Timothy Mislansky, president and chief executive of Wright Patt Credit Union Inc., speaks with Kristine Massie, who works in the credit union's Beavercreek member help center. THOMAS GNAU/STAFF
Wright-Patt Credit Union looks to Columbus area for future growth
For Wright-Patt Credit Union Inc., this is a time of growth....
Locally based company Winsupply planned to build a massive new facility a 622,728-square-foot building in Miamisburg at the northeast corner of Byers and Lyons roads, just west of Interstate 75. Miamisburg City Council voted 7-0 Nov. 5, 2024 on the creation of a development district to allow the project.
Miamisburg City Council rejects massive Winsupply project
A Dayton-area company won’t get to build a massive new facility where it had planned....
Toasted Brunch Bar + Cafe opens Friday in Beavercreek outside of Mall at Fairfield Commons
Toasted Brunch Bar + Cafe, a new restaurant concept specializing in traditional American and internationally fused breakfast, lunch and dinner options, is opening to the public Friday, Nov. 8.
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