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ATM maker Diebold reports strong 4th quarter and 2011 sales and profits
Fourth-quarter revenues were $850.0 million, up 7.5 percent from the same period in 2011. Growth was driven by an increase in its overseas election systems and lottery business as well as its ATM...
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Alcoa's 50,000-ton press ready for work; $100 million repair job ends on...
Alcoa has finished rebuilding its massive 50,000-ton forging press in Cleveland. The machine makes aluminum and titanium parts for airplanes. CLEVELAND, Ohio -- Derek Ford had a big smile on his face...
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Fairmount Minerals: Achieving uncommon performance from the earth's most...
Chuck Fowler is a modern day Sandman. But unlike the mythical character who brought good dreams to children, Fowler heads a company that is one of the largest producers of industrial sand in the...
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Timken workers approve second new contract
Timken's workers will vote today on a second tentative contract between the company and the United Steelworkers Local 1123. The union rejected the company's first offer last month, a contract that...
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Walmart Supercenter may be headed to Oakwood Commons in South Euclid
"Our customers have told us that they want more convenient access to affordable groceries, and we think a new store at Oakwood Commons can be a part of the solution for local families," said Walmart...
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Canton Timken workers overwhelmingly adopt new contract; $225 million...
After rejecting a similar deal last month, United Steelworkers Local 1123 approves the new contract, 1,520-260. The new contract runs through 2017. Canton RepositoryUnion members voted Tuesday at the...
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The Public Utilities Commission of Ohio reverses itself on AEP rate case;...
The PUCO put the kibosh on a carefully negotiated rate plan for American Electric Power it approved just two months ago. The regulators noted price spikes that have followed and some suspicious...
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Timken to expand office by Akron-Canton airport; move workers from downtown...
The Timken Co. plans to double the size of its facility near the Akron-Canton airport and move workers there from offices in downtown Canton. The company said consolidating its workers to one location...
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E-books distributor OverDrive building $10 million world headquarters in...
Plans for OverDrive's "Blue Sky Campus" include more than five acres of green space it will use for outdoor meetings, a small pond, and a walking path. View full sizeOverDrive Inc.This is an artist's...
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LineStream Technologies wins $5 million in venture capital; Early Stage...
Investors have given LineStream technologies $5 million to help the Cleveland-based software company expand. LineStream's software can cut energy usage and maintenance costs for industrial equipment...
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Parker Hannifin to invest $15 million in Ravenna; gets $2.3 million...
Ohio's Third Frontier foundation plans to invest $2.3 million in Parker Hannifin to help fund a $15 million advanced polymers laboratory in Ravenna. The company said it hopes to start ordering...
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Shell chooses Pennsylvania, not Ohio, for a multi-billion dollar refinery
Ohio tried to lure the ethane cracker but the oil giant chose the Pittsburgh area. Still, it's close by, and state officials expect a spillover of jobs and investment. Drill crews like this one in...
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Ohio's gas producers embattled by anti-drilling sentiments and proposed tax...
Ohio's oil and gas industry is mounting a public relations and lobbying campaign to combat fears about hydraulic fracturing and to defeat Gov. John Kasich's plan to tax them. View full sizeGus Chan,...
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Walmart Supercenter confirmed for Oakwood Commons shopping center in South...
Wal-Mart Stores confirmed that the Supercenter will replace its existing discount store at Severance Town Center in Cleveland Heights less than a mile away. View full sizeSeth Perlman, Associated...
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Walmart Supercenters now outnumber regular Walmart stores (poll)
"Walmart, more than any other retailer in history, has abandoned perfectly usable facilities to build another store down the street or across the road," said Al Norman, a land-use activist in...
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LineStream Technologies gets $1 million state loan to expand Cleveland...
LineStream Technologies has been approved for a $1 million loan from the state that calls for the company to add 50 workers over the next few years. View full sizeLisa DeJong, The Plain Dealer)Dave...
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State awards $6 million in tax breaks, loans to Northeast Ohio companies
Ohio tax agencies awarded loans and tax breaks to several Northeast Ohio companies on Monday. Recipients are LineStream Technologies, Parker Hannifin, Republic Steel, Viking Forge and Selas Heat...
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U.S. Rep. Marcia Fudge joins unions protesting Campus Village project at...
The project's co-developer said 75 percent of the workers are employed by Cleveland area workers, who tend to hire locals. View full sizeThe Plain DealerU.S. Rep. Marcia Fudge joined the Cleveland...
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A. Schulman to move heaquarters in Fairlawn; new building to be ready next year
Plastics additives company A. Schulman plans to move its headquarters to a new building in Fairlawn. The two-mile move will allow the company to move some workers from Akron to the headquarters. View...
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Bridgestone unveils $100 million tech center as Akron celebrates investments...
Bridgestone America Inc. opened a new $100 million technology center in Akron Wednesday. Though the city produces few tires, big research and development investments have kept Akron vital to the tire...
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