All Things Business

Gorman-Rupp Announces First Quarter Financials; Declares Divided

28 Apr , 2018  

The Gorman-Rupp Company has reported financial results for the first quarter ended March 31, 2018.

Highlights of that report included: More…

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All Things Business

Richland County Unemployment Numbers Continue To Fall

25 Apr , 2018  

Measured by unemployment rates, things are looking good for Richland County and the surrounding area.

Richland and neighboring Crawford Counties both registered 4.8 percent unemployment in March, according to figures released on Tuesday by the Ohio Department of Job and Family Services. For Richland County, that was down from 5.2 percent in February, and reduced from 5.8 percent one year ago. More…

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All Things Business

Richland Mall Sears Store Being Auctioned Online

12 Apr , 2018  

Both the Wall Street Journal and Business Insider reported on Wednesday that the Sears store at Richland Mall in Ontario is up for sale.

The local operation is one of 16 across the country which will be auctioned online, according to the article. This does not necessarily mean that the retailer itself will close here, however, as the article indicates that this could be a “sale and lease back,” in that Sears would be open to paying rent at each purchased location. More…

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All About Mansfield

Ohio Outmigration Changes, But Remains The Case For Richland County

23 Mar , 2018  

Early Thursday morning, population estimates were released by the United States Census Bureau for states, counties, metropolitan statistical areas, and micropolitan statistical areas across the country.

The news was good for the Buckeye State. With the current estimates, Ohio appears to have halted the outmigration of residents out-of-state, as the state had the largest net in-migration and the smallest domestic migration decrease in over seven years. More…

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Schools

OSU Mansfield Project Has Strong Upside Potential For Area

23 Mar , 2018  

Tyler Arter pulled weeds as he talked about the project Kent “Kip” Curtis will expand well beyond the borders of the parking lot where it’s located on the Mansfield campus of The Ohio State University. “I kind of overheard it,” said Arter, an Ashland resident who graduated a year ago from Ohio State Mansfield with a bachelor’s degree in psychology. I went to one of the first meetings, and I’ve been involved with it ever since.” More…

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All About Mansfield, All Things Business

Three Mansfield Census Tracts Recommended As Opportunity Zones

22 Mar , 2018  

When the analysis was completed, three census tracts largely encompassing the older areas of Mansfield were included in the recommendations made by Ohio Governor John Kasich to the US Treasury Department to be recognized as “Opportunity Zones.” More…

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All About Mansfield, All Things Business

Greater Ohio Talks Legacy Cities, Including Mansfield

16 Mar , 2018  

This past week, Greater Ohio, the statewide think tank and advocacy center for statewide initiatives on revitalization and sustainable growth, published a retrospective on its work over the last decade. Greater Ohio’s areas of focus include the following: More…

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All Things Business

JobsOhio Shares 2017 Results

5 Mar , 2018  

From JobsOhio:

Companies across the United States and the world are recognizing that making Ohio home offers a competitive advantage. Last week JobsOhio, a nonprofit corporation designed to drive job creation and new capital investment in Ohio, released its 2017 results. More…

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All Things Business

Gorman Rupp Reports Fourth Quarter And 2017 Year End Results

10 Feb , 2018  

On Friday, the Gorman-Rupp Company reported financial results for the fourth quarter and year ending December 31, 2017.

Fourth Quarter 2017 Highlights

  • Current quarter earnings per share were $0.31 compared to $0.19 per share for the fourth quarter of 2016
  • Fourth quarter of 2016 included a non-cash impairment charge of $0.05 per share
  • Net sales increased 0.8% or $0.7 million. Excluding the PCCP project, net sales increased 1.3% or $1.2 million
  • Incoming orders increased 6% compared to the fourth quarter of 2016
  • The U.S. Tax Cuts and Jobs Act is expected to have a favorable impact on our future income tax rate

More…

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All Things Business

Gorman Rupp Declares Dividend, Sets Annual Meeting Date

27 Jan , 2018  

The Board of Directors of The Gorman-Rupp Company (NYSE: GRC) has declared a quarterly cash dividend of $0.125 per share on the common stock of the Company, payable March 9, 2018, to shareholders of record February 15, 2018. This will mark the 272nd consecutive quarterly dividend paid by The Gorman-Rupp Company. More…

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All Things Business

Economic Excellence Awards Announced

19 Jan , 2018  

The Richland Community Development Group (RCDG) has announced seven recipients for their Economic Excellence Awards.  The awards will be handed out at the Chamber & RCDG Annual Meeting & Dinner on January 25. The Award recipients are: More…

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All Things Business

Columbus Makes First Cut For 50K Jobs

19 Jan , 2018  

Earlier this year, over 200 cities across the US and Canada scrambled to put together attractive recruitment packages, tying tax and other incentives with narratives on workforce and quality of life, in an attempt to land the prize of the decade – the $5 billion dollar “second headquarters” for Internet giant Amazon.com.

The prize comes with 50,000 well paying jobs and a tremendous economic boost. More…

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