Fuel surpluses trim profits at Marathon

By LOU WILIN STAFF WRITER Industry-wide fuel surpluses reduced Marathon Petroleum Corp.’s profit by 3 percent from a year earlier to $801 million in the April-June quarter, the company reported Thursday. “Most of the refiners including Marathon have increased, stepped...

Charge reduces MPLX earnings

By LOU WILIN STAFF WRITER Profit fell about 63 percent last quarter for MPLX, Marathon Petroleum Corp.’s logistics and natural gas processing subsidiary. But company officials and analysts agree it has made it through a difficult time. Its $19 million profit in the...

Old Fort Banking Co. reaches century mark

By LOU WILIN STAFF WRITER Old Fort Banking Co. this year marks 100 years of providing a more personal touch in banking for the little guy. The bank’s name, roots and culture come from the tiny rural community of Old Fort in Seneca County, with a current population of about...

Mennell buying bakery mix plant

By LOU WILIN STAFF WRITER FOSTORIA — Mennel Milling Co. will buy General Mills’ bakery mix and packaging plant in Martel, Mennel President D. Ford Mennel said Thursday. The deal is expected to close before Nov. 1, pending negotiations with the Bakery, Confectionery,...

Feds take step toward imposing tariffs on clothes washers imported from China

By LOU WILIN STAFF WRITER Federal officials on Wednesday took a step toward imposing tariffs on clothes washers imported from China, which Whirlpool Corp. complained are underpriced and stealing customers. The U.S. Department of Commerce issued a preliminary ruling against...

City Council approves razing of former school

By LOU WILIN STAFF WRITER Findlay City Council voted Tuesday to demolish a dilapidated former school at 1001 Blanchard Ave. for $58,888. The 101-year-old former Huber School, now a privately-owned property, will be razed by October by ALL Excavating & Demolition, McComb. The...

OSU president, faculty visit Cooper Tire

By LOU WILIN STAFF WRITER Ohio State University President Michael Drake and other university officials visited Cooper Tire & Rubber Co. on Friday for tire-related presentations. It was one of several stops this week for university leaders and faculty, who are taking their...

Elks Lodge plans second clubhouse

By LOU WILIN STAFF WRITER Findlay Elks Lodge will be adding a second clubhouse at 900 W. Melrose Ave., the former Northridge Swim and Tennis Club, by next April for Elks activities. At 6,935 square feet, it will be over twice the size of the existing clubhouse, said Kevin...

Engineers to evaluate flood-control plan

By LOU WILIN STAFF WRITER Hancock County’s commissioners will seek a second opinion about a federal plan to reduce Blanchard River flooding by digging a diversion channel. Stantec, headquartered in Edmonton, Canada, will receive $100,000 to review the Army Corps of...

Marathon wins legal skirmish; battle continues

By LOU WILIN STAFF WRITER The state of Kentucky on Thursday blinked before Marathon Petroleum Corp. did in a dispute over the state’s payment of an outside law firm. The Kentucky Attorney General’s Office is employing New York-based “powerhouse” law firm...