Cooper buys stake in Chinese company

By LOU WILIN STAFF WRITER Cooper Tire & Rubber Co. plans to spend $93 million to buy a majority interest in a Chinese tire maker this year and increase its production of truck and bus tires. Cooper’s investment in Qingdao Ge Rui Da Rubber Co. (GRT) would fill a gap left...

Former U.S. Rep. Mike Oxley dies

By LOU WILIN STAFF WRITER Former U.S. Rep. Mike Oxley, a 12-term Republican congressman from Findlay who co-sponsored the landmark Sarbanes-Oxley Act, died Friday. He was 71 years old. Oxley died in his sleep at home in McLean, Virginia, according to Rep. Bob Latta, R-Bowling...

Local Dairy Queen closing

By LOU WILIN STAFF WRITER Decades-long Findlay institution Dairy Queen Brazier, at 614 Lima Ave., likely closed Wednesday for the last time, said co-owner Jim Niemeyer. Niemeyer is in negotiations with Campbell Oil, which will open a Dairy Queen franchise in 2016 at 1215 W. Main...

Whirlpool requests imposition of tariffs

By LOU WILIN STAFF WRITER Whirlpool Corp. is asking the federal government to slap tariffs on clothes washers imported from China, saying competitors are unfairly stealing customers. Whirlpool’s petition to the Commerce Department and International Trade Commission comes...

Findlay music store closing after 60 years in business

By LOU WILIN STAFF WRITER Groman’s Music, a seller of pianos, sheet music and gifts at 729 N. Main St., will be going out of business after 60 years, owner Steve Groman said Monday. It is offering merchandise for sale through this month and will close when everything has...

Deal to save Marathon $675K in taxes

By LOU WILIN STAFF WRITER Marathon Petroleum Corp. will avoid about $675,000 in taxes by temporarily ceding ownership of its planned hotel site to the Blanchard Valley Port Authority. Government bodies, like the port authority, do not pay sales tax. So sales tax will not be...

Expansion project now totals $100M

By LOU WILIN STAFF WRITER Marathon Petroleum Corp.’s plan to build a $20 million hotel is the final part of a $100 million boost for Findlay’s downtown. A $22 million, six-story, 120,000-square-foot headquarters for pipeline and logistics subsidiary MPLX will be...

Marathon plans $20M downtown hotel

By LOU WILIN STAFF WRITER Marathon Petroleum Corp. will start construction this spring of a $20 million, 100-room, five-story hotel at the northeast corner of Main and Lincoln streets, the company said Monday. “The Hancock Hotel,” honoring Hancock County, will open in...

Pearl Harbor was no surprise, Findlay survivor maintains

By LOU WILIN STAFF WRITER Seventy-four years ago today, Japanese fighter planes attacked the U.S. Navy’s fleet in Pearl Harbor, Hawaii, sinking U.S. warships, destroying aircraft and killing over 2,400 soldiers. It sparked America’s entry into World War II. Among the...

Marathon plans $4.2 billion in capital spending

By LOU WILIN STAFF WRITER Marathon Petroleum Corp. on Thursday said it will invest $4.2 billion in refinery upgrades and MarkWest infrastructure in 2016. The company’s capital spending plan includes $1.5 billion for Marathon’s refining and marketing segment; nearly...