That's news to me Featured

10:50am EDT October 23, 2001

Dublin-based Neoprobe Corp. has been named to the Deloitte & Touche Technology Fast 500 list. The company's 1999 revenue of $9.2 million have resulted from 863 percent growth in the company during the past five years. Neoprobe ranked 389 on the list, which included three other Ohio companies: Kendle International Inc. of Cincinnati, STERIS Corp. of Mentor and Hyland Software Inc. of Rocky River.

Columbus advertising firm Conrad, Phillips & Vutech has gained Ohio Dominican College as a client. Conrad, Phillips & Vutech, the first outside agency to handle advertising and branding assignments for Ohio Dominican, will develop a comprehensive marketing campaign for the college.

Financial Service Centers of America, a professional association, has honored Checksmart/Buckeye Check Cashing with an Activa Award, which recognizes association members who make significant contributions to the quality of life in their communities. Checksmart was honored for its Community Fund Program, which raises money for causes ranging from the Cincinnati Public Schools to Hope House.

Dublin Building Systems has broken ground on a new sales and service facility for C&A Harley Davidson. The 18,000-square-foot building will be in Jerome Commerce Park, northwest of Dublin. "Building this new, larger facility is a natural progression in order to better accommodate our customers," says Dena Besece-Conie of C&A.

Columbus-based Meritage Technologies has been named the 15th fastest growing company in the United States by Inc. magazine. A company's ranking on the Inc. 500 list is based on the percentage increase in sales from 1995 through 1999. Other local companies on the list are Express-Med (No. 110); M-E Cos. (No. 258); Progressive Medical Inc. (No. 351); and Quick Solutions Inc. (No. 499).

Bethlehem Steel Corp. and LTV Steel have officially opened their joint venture, Columbus Coatings Co., in Columbus. The joint venture allows the steel makers to better serve the automotive industry.

Circa Music Inc. has opened new surround-sound production studios in Dublin. The $1.5 million facility houses Circa Music and Radio Midwives, a company aiding ad agencies in the production of radio commercials.

EGL Inc. Eagle Global Logistics has more than doubled its space by moving to 2727 London-Groveport Road. The move will create approximately 30 new jobs for the global air freight business in Central Ohio. EGL has leased 509,000 square feet of space and 36 acres in the $11 million, multiyear agreement coordinated by National Realty Services.

Columbus-based Nexergy Inc.'s three subsidiaries -- Promark Electronics, DC Battery Products and Tauber Electronics -- will now conduct business under the brand name Nexergy. "In order to make it clear that we are a single company with four locations across the country, we have decided to drop our former corporate identities and do business under a single name," says company president Phil Glandon.

Frank D. Ray, director of the U.S. Small Business Association's Columbus district office, announced that 806 SBA loans totaling more than $257.5 million were approved during the fiscal year ending Sept. 30, 2000. It is estimated that 3,904 new jobs will be created, with 8,026 jobs maintained, as a result of these SBA backed loans. Nationally, small businesses received a record $17.96 billion in financing backed by the SBA during the recently completed fiscal year.

U.S. SBA Administrator Aida Alvarez noted that 30 percent of all SBA loan dollars in 2000 went to minority borrowers and $2 billion in loans went to small businesses owned by women, both record numbers. More than 600,000 people received technical assistance through the Small Business Development Center program and 375,000 business owners received assistance from the Service Corps of Retired Executives.

The Ohio Tax Credit Authority has approved tax credits for several local companies to create and retain jobs in the community. Ometek Inc. in Gahanna will receive a 55 percent credit for five years to consolidate its four operations into one newly constructed 80,000-square-foot facility to reduce overhead costs while improving logistical and customer support.

RBM Technology Inc., d.b.a. ECNext Inc., will use its 60 percent, five-year credit to lease 5,000 square feet of space in Dublin. Sophisticated Systems Inc. will receive a seven-year, 65 percent tax credit to construct a 20,000-square-foot facility adjacent to its current headquarters on CityGate Drive. In New Albany, Too Inc. will use its 10-year, 65 percent tax credit for a $26.5 million headquarters facility.