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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...

Company OKs Marathon’s $10 billion bid

By LOU WILIN STAFF WRITER MarkWest Energy Partners’ unitholders on Tuesday approved their company’s $10 billion purchase by MPLX, Marathon Petroleum Corp.’s pipeline and logistics subsidiary. About 80 percent of the units voted were in favor of the deal, which...

Homemade gifts gaining favor

By LOU WILIN STAFF WRITER Homemade gifts will be more common for Christmas this year, though their rival, the gift card, is still far more popular, said consumer psychologist Kit Yarrow. Millennials, those 18 to 34 years old, will be more into giving an experience, like tickets...

Black Friday shopping blitz again starts on Thanksgiving

By LOU WILIN STAFF WRITER The Black Friday shopping blitz in Findlay will again start on Thanksgiving as shoppers hunt for big discounts and giveaways. Before the turkey and pumpkin pie are digested, long lines will start forming outside several stores Thursday afternoon. It all...

Hot seller: Coloring books for adults

By LOU WILIN STAFF WRITER Coloring books — once the province of children — have become a hot seller for adults. “Oh my word, yes,” said Janet Wibright, assistant manager of Books-A-Million at Findlay Village Mall. “It’s our most popular item to...

Marathon again boosts bid for processor

By LOU WILIN STAFF WRITER For the second time in a week, Marathon Petroleum Corp. on Tuesday boosted its purchase offer for MarkWest Energy Partners, this time by about $200 million in cash. The deal, which MarkWest unitholders will vote on Dec. 1, is now valued at about $10.65...