Employment

DETROIT - General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to published reports.

A college with a dozen campuses in the United States and Canada is planning to add another in Toledo.

Herzing College, which was founded in 1965 as a computer programming school in Milwaukee, is seeking a special-use permit for a campus at Hill Avenue and Reynolds Road.

"We've been looking at Toledo for two years," said Derek McBeth, president of what will be Herzing College-Toledo.

This is a Must See Video. Click on the link to view. It will show you the Truth ! See for yourself ! http://www.youtube.com/watch?v=1RZVw3no2A4

Enjoy, Pass it around !

Lamar Advertising Co. will move its regional sales and marketing office back to downtown Toledo after eight years on Matzinger Road, Mayor Carty Finkbeiner announced yesterday.

The company plans to move 21 employees to 116 South Erie St. and it will spend slightly more than $2 million to purchase and renovate the vacant building.

At a press conference today, Mayor Carty Finkbeiner spoke about the submission of an incentive package to City Council, aimed to keep HCR ManorCare in Toledo. For the last year-and-a-half, the City of Toledo's Department of Development and the Ohio Department of Development, have been working with Lt.

The mountain-climbing, desert-traversing Jeep Wrangler could be headed on a new adventure: to an electric outlet.

Manufacturer Chrysler LLC yesterday unveiled an electric-drive prototype of the Toledo-built model intended to go 400 miles — about the distance between northwest Ohio and Knoxville, Tenn.— on eight gallons of gas.

"This is a pivotal moment for America's economy," Bush said. He said that a financial contagion that began with low-quality home mortgages had "spread throughout our financial system."

"This has led to an erosion of confidence that has frozen many financial transactions including loans to consumers and to businesses seeking to expand and create jobs," Bush said.

Boelter considered moving Custom Deco and its 200 jobs from its location at 1343 Miami St. to Wisconsin, Mr. Finkbeiner said. The city's department of development assisted Custom Deco in packaging $1.75 million in acquisition financing, the mayor said.

http://toledoblade.com/apps/pbcs.dll/article?AID=/20080917/NEWS16/809179...

Tent cities! This is a phenomenon the country hasn't seen since the 1930s. My parents were Depression-era folks, and I heard many stories about the tent cities that grew up during those hard times. It's a frightening sign of the times that tent cities are springing up again.

As the economy tightened, Mark Presnar had trouble meeting sales quotas at the restaurant supply house that employed him.

Two weeks ago, he was fired.

“People aren’t eating out anymore,” said Mr. Presnar, whose sales territory included rural areas of northwest Ohio that are struggling more than other parts of the region.

GRAND RAPIDS, Mich. — Michigan’s image as the world’s automotive capital can be restored under a John McCain presidency, he said yesterday at a campaign rally with running mate Sarah Palin.

Mr. McCain, who visited a Detroit-area General Motors Corp. plant earlier in the day, pledged his support for a loan package for domestic automakers he’d previously looked at with a skeptical eye.

A long-time locally-owned appliance store in suburban Toledo will spend $3.5 million to enlarge its showroom by four-fold and expand into bedding and furniture.

Construction at Appliance Center, Maumee, will begin late this month and likely be done by March, said John Oswald, president.

Employment could grow to 100 from its present 65, he added.

Nearly 200 workers at General Motors Corp.’s Toledo Powertrain Plant will be laid off indefinitely Monday, three days after the plant ceased making its traditional four-speed, rear-wheel drive transmission.

Senator John McCain recently told reporters that Alaska Governor Sarah Palin has “learned that earmarks are bad.”

Friday, August 22, 2008
McCain supports loan guarantees for automakers

WASHINGTON -- Republican president candidate John McCain joined his Democratic rival Barack Obama in supporting efforts to give Detroit's Big Three automakers up to $25 billion in loan guarantees -- a move that boosts the prospects for passage considerably in September.

Tonya Ayres rents a modest home in the middle of a Monroe County farm field and feels safe enough there to leave her car and home unlocked at night.

Green fields expand to the horizon - past a dirt road and trees close to the house. These are all things Ms. Ayres is not willing to give up - even though it meant losing her job as a secretary with the city of Toledo.

Mayor ‘disappointed’ by increases in midst of city financial pinch

Toledo Mayor Carty Finkbeiner yesterday urged City Council to reconsider the pay raises it recently handed out to six council aides, and one councilman pressed his colleagues to put the matter to a vote.

More Property Taxes ! ?? Come on. A Levy was just passes in Oregon, Toledo and many other areas. Now the same areas want more. We were told that the problem was down in Columbus. And they would fix it. Did this happen? NO!

Now they want just more Taxes. NO!

We need a NO Means NO Law. That once a levy is turned down it cannot be on to vote for 2 years.

Not all can fly yet, but 15 local technology-oriented businesses being nurtured by an incubator program made strong progress in the last year in their march toward producing revenue and jobs.

COSTCO Wholesale Corp. arrived in West Toledo a year ago with a warehouse store of high expectations for itself, its customers, and surrounding merchants.

As Costco at the rejuvenated Westgate Village Shopping Center on Central Avenue at Secor Road marks its first year in business this week,
it is a success.

But its effect on nearby retailers is less certain.

Representatives of a proposed deepwater container port in Nova Scotia are expected to sign a "strategic collaboration agreement" with Toledo port officials when they meet with local leaders and visit Toledo's port facilities today and tomorrow.

Road proposal riles activists in Roosevelt country

BISMARCK, N.D. - Plans to turn a secluded Badlands trail into a major road and river crossing might not have created such a stir if not for where it is: near the ranch where Theodore Roosevelt helped conceive the American conservation movement.

In early January, 2006, Jim Hartung sent a mass e-mail to members of the Northwest Ohio Lobbying Consortium, telling the group its voice in Washington would continue to be Kathy Teigland, a politically connected lobbyist living in West Toledo.

The Lansing-based owners of Toledo's largest vacant building - the 30-story, former Fiberglas Tower - have a new plan to clean the asbestos-contaminated hulk of a structure and transform it into a collection of office space, condominiums, and a hotel, restaurant, and health club.

The total investment could top $35 million, said Nick Eyde, a limited partner for the Eyde Co.

It is no shocker, but a respected Wall Street ratings service claims that Toledo, most of Ohio, and all but one metro area in Michigan are in a recession, and have been for a while.