Newsclips Featured

7:26am EDT October 30, 2001
Edging out the competition

For executives seeking ways to increase performance, morale, teamwork and sales, Douglas Brooks, president of ASE Corp., and Patrick Donadio, a business coach and professional, will present a seminar, How to Increase Performance & Profits, Jan 18 at the Hyatt Regency.

The seminar, which will be held in the morning and repeated in the afternoon, is designed to help business owners and presidents create a good workplace environment and a business image to attract more customers. Topics also will include time management and maximizing effectiveness as well as information regarding attitude development and strategies to benefit employees.

SBN Magazine is a sponsor of the event.

Brooks, a speaker, trainer and coach, teaches programs for personal and professional development as well as approaches to sales success. He has been quoted in many national publications, including The Wall Street Journal and Smart Money magazine. Donadio works with leaders and managers who want to move to their next level professionally by teaching them how to increase profitability, cultivate relationships and enhance effectiveness. His clients include Nationwide Insurance, Time Warner Communications and J.C. Penney Co. Catalog.

For information, call 766-7898 or e-mail dbrooks@razorbrooks.com or patrick@patrickdonadio.com.

Extending Wendy's reach

Looks like Wendy's won't stop at hamburgers and donuts.

Wendy's International Inc. has hired Jonathan F. Catherwood to a new position of senior vice president of mergers and acquisitions.

Catherwood's 12 years of M&A experience includes a stint as general partner at Windsor Group LLC, an investment bank focusing on M&A in the technology sector, and vice president of corporate strategy for GTE Corp.

"Jonathan brings a depth of experience in the M&A area that will be invaluable as we continue to identify business opportunities for the corporation over the next several years," says Wendy's chairman and CEO Jack Schuessler. "He has completed nine transactions since 1998 and has worked on several other business opportunities for the Windsor Group and GTE."

Also in an effort to ensure long-term growth for the corporation, Executive Vice President Kathie T. Chesnut has added responsibilities for corporate business development to her plate of R&D, supply chain management and quality assurance.

To fund its growth, the company is amending revolving credit agreements to raise the amount the company could borrow from $167 million to $200 million and considering the issuance of unsecured short-term notes to leading financial institutions.

"Our balance sheet is in great shape with a debt-to-equity ratio of 21 percent," says Kerrii Anderson, executive vice president and CFO, noting the company continues to post positive sales increases at Wendy's and its acquired Tim Hortons operations. "We believe that we could borrow additional cash and maintain our investment grade ratings."

Steeled for growth

The state has shored up growth at Buckeye Steel Castings Co. with economic development help.

The company will receive a $2 million loan from the Development Financing Advisory Council. The Ohio Tax Credit Authority has approved a 65 percent, 10-year tax credit that will provide a more than $1 million benefit to the 120-year-old company.

The funds will be used to purchase and upgrade machinery and technology in a more than $27 million project expected to create 163 jobs within the first three years of operation and retain 971.

And through the Ohio Department of Development, Buckeye Steel will receive a $100,000 business development grant and a $250,000 Ohio Investment in Training Program grant to assist the company in training workers using new machinery.

Continuing the transformation

Jay Dascenzo is still molding his company after splitting from partner Miguel Perez this spring.

Previously called Dascenzo-Perez Inc. under the partnership, the communications agency became Dascenzo Inc. and now Dascenzo Creative Inc., with three divisions: marketing/advertising, public relations and production. Dascenzo says he's landed 15 new accounts, including marketing campaigns for the Greater Columbus Convention & Visitors Bureau and Steiner + Associates, the developers of Easton; media campaigns for Columbus State community College and The Columbus Landmarks Foundation; and "Something to Talk About," a statewide video series and public awareness campaign for the Ohio Department of Education.

If you want a job done right...

Ruscilli Construction Co. is increasing its work in general construction - bringing in its own crews to do work on a project - for more expansion from construction management projects, where the company supervised an entire project with contractors and subcontractors doing the work.

The company has 15 general construction projects totaling nearly $100 million under way, including a 24,000-square-foot building for Three-C Body Shops Inc.; a new store for Sofa Express in Polaris Fashion Mall; and projects with White Castle, Groveport Madison Local Schools and Pace Logistics.

Awards and accolades

Fifth Third Bank Central Ohio's Pamela Foster, vice president of the Compliance and Community Affairs Department, is inducted into the Corporate Sisters organization, which provides network and support resources for African American executive women. Foster also is treasurer of the Greater Linden Development Corp. and chair of the St. Stephens Community Homes board as well as a board member of the YWCA, Capital University Legal Assistance Advisory Board and the United Way Neighborhood Development Vision Council.

Paul A. Gydosh Jr., a certified financial planner with Steinhaus Financial Group and an adjunct professor of finance at Franklin University, is named to Worth magazine's 2001 list of the top 250 financial advisers in the nation.

gydosh

Buchanan & Associates and the Ohio Department of Public Safety are honored by the American Association of Motor Vehicle Administrators with the international PACE Award for a poster campaign designed to increase awareness of traffic safety issues in the department's Corporate Safety Program.

Jupiter Marketing is named a national finalist in the 2001 Silver Microphone Awards for a commercial created for Three-C Body Shops Inc. Bob Juniper, president of Three-C, who is also president of Jupiter Marketing, wrote the spot and provided the vocal talent.

Appointments

As secretary/treasurer of the Columbus Bar Foundation Stephen C. Fitch, a partner with Chester, Willcox & Saxbe LLP

As Ohio Department of Development director, State Sen. Bruce Johnson

As president of the Rotary Club of Westerville Brent D. Rosenthal, a shareholder with Buckingham, Doolittle & Burroughs LLP

Rosenthal

As officers of ProMusica Chamber Orchestra's board: vice president, Melissa P. Ingwersen, president of Bank One's Columbus market; treasurer, Geoff Chatas, American Electric Power's vice president of corporate finance; and secretary, Richard G. Smith III, executive vice president of Executive Jet Inc.

Promotions, executive hires

Mike Mizesko, former president of OhioAngels.com, to a principal of Applied Performance Technologies

Liz Lane, president of Fisher Post and Graphics, adds to her duties training at Reputation Management Associates.

Michael W. McBride, bought out as co-owner of Strategic Resource Partners, to senior marketing consultant at Affiliated Resource Group

McBride

Ted Lape, former vice president of corporate banking for Fifth Third Bank, to vice president of sales and marketing for National Century Financial Enterprises Inc.

Gregory Grunewald to director of SS&G Financial Services' Columbus office

Lena W. Jochim to vice president, part owner, Business Management Group Ltd.

Ryan Burgess to vice president of treasury management and public funds, and Jane Bittcher, vice president and manager of the Business Development Group, at Fifth Third Bank Central Ohio

Burgess

Bittcher

Save the date

lunch, Nov. 8, Easton Hilton: National Association of Women Business Owners meeting; 888-5203

8:30 a.m.-4:30 p.m. Nov. 13-14, Center for Dispute Resolution, Capital University Law School: Handling Workplace Conflicts: Strategies & Skills; 236-6430

11:30 a.m. Nov. 13, Grady Memorial Hospital, Delaware: Occupational Health/Drug Testing program presented by Delaware Area Safety Council; (740) 369-6221

8 a.m. to 4 p.m. Nov. 14 and 8:30 a.m. to 4:45 p.m. Nov. 15, Ohio Union Ballrooms at The Ohio State University: Career Day Job Fair; 292-7005 to register your company

10 a.m. to 6 p.m. Jan. 30 and 31, 2001, Greater Columbus Convention Center: Central Ohio Construction Expo; 486-9521

The Service Corps of Retired Executives offers four seminars this month at Edison Welding Institute, 1250 Arthur E. Adams Drive: 8 a.m. to noon Nov. 14, Government Contracts; 6 p.m. to 10 p.m. Nov. 14, Buying/Selling a Business in the New Millennium; 8 a.m. to 4:30 p.m. Nov. 15, How to Start Your Business; and 6 to 10 p.m. Nov. 15, Business Taxes. Call 469-2357 for information.

New clients and partnerships

Prime Engineering & Architecture Inc. signs two contracts, valued at $17.5 million, for design tasks at Rickenbacker Air National Guard Base for the 121st Air Refueling Wing and design of U.S. Army Reserve centers for the U.S. Army Corp of Engineers throughout the United States.

Sport Management Inc. partners with High Point, N.C.-based Motorsports Designs to bring decal design and application to the motorcycle industry and identify teams and riders for potential sponsorship opportunities.

GBQ Partners LLP and The Jacob Co. partner to provide services to each others' clients.

Greif Bros. Corp. signs agreement with The Dow Chemical Co. of Midland, Mich., to provide steel drums in a contract worth about $190 million in sales over four years.

Cardinal Health Inc. signs on Orange, Calif.-based St. Joseph Health System to provide pharmaceuticals and medical supplies and services in an agreement expected to generate approximately $600 million over five years.

Accurate Glass and Mirror Co. acquires Hepburn Masonry Co. to expand services in the glass and glazing industry and masonry new build and restoration.

Renier Construction breaks ground on a 9,400-square-foot building into which Rite Rug will move its Lancaster store.

Abrasive Technology Inc. is awarded a patent for the manufacturing of a twist drill.

Abercrombie, the Kids division of Abercrombie & Fitch selects CallTech Communications LLC to provide customer support for e-commerce.

Feinknopf Macioce Schappa Architects completes three new schools for Hilliard City Schools.

SBC Business to Business adds Elford Inc. to its client list.