Tag Archives: Ohio

City Machine Salute

CMT headlines SBA visit to Youngstown Thursday Small businesses from around the country will be on hand today as Linda McMahon, head of the U.S. Small Business Administration and advocate for the nation’s 30 million small businesses as a member of the President’s cabinet, keynotes the Youngstown/Warren Regional Chamber’s “Salute to Business” awards ceremony, beginning […]

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Festovus

Automation company Festo expands Automation company Festo announced a major expansion to its Mason, Ohio facility Wednesday. Factory and process automation solutions provider Festo US announced plans Monday to invest some $90 million to expand its regional service and manufacturing center in Mason—a Cincinnati suburb and industrial hub—by 350,000 square feet, tripling the capacity of production, […]

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The Ideal Acquisition

114-year-old company saved after being set to shut down A dependable mainstay of Ohio’s electric repair market—in business for over a century and slated for shutdown this past May—has been saved by new ownership. Ideal Electric Company, formerly owned by Hyundai Heavy Industries of South Korea, announced Wednesday it was acquired by a privately held […]

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3Months to Shutdown?

Plant closing watch: 3M’s Elyria, Ohio location With about three months left on the clock, there seems to be little hope for 3M’s Elyria, Ohio plant. Following a November announcement of closure slated for June 2017, the 140-odd employees of the sponge manufacturing facility lobbied tirelessly for a reversal. Inevitably, their hope was kindled by a changing […]

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