Malls: Changing times, changing tastes

By LOU WILIN STAFF WRITER Times change, and time can wither shopping malls. Findlay Village Mall needs to change to avoid fading, according to experts who study malls and consumer behavior. “Typically, what we see when a mall goes through difficult times is either...

Findlay mall facing stiff competition

By LOU WILIN STAFF WRITER Findlay Village Mall appears to be teetering on the brink. Its occupancy rate is lower than average. Its largest anchor store closed this year. In a few months, another big retailer will move across the street. On a recent afternoon, a store manager...

MPLX building plan approved

By LOU WILIN STAFF WRITER Construction of a six-story, 120,000-square-foot headquarters for Marathon Petroleum’s pipeline subsidiary, MPLX LP, will start in November and be finished in spring 2016. The building will be across Hardin Street from Marathon Petroleum...

Company plans stock buyback

By LOU WILIN STAFF WRITER Wanting to boost its stock price and show confidence it has enough cash to chart a new future in China, Cooper Tire & Rubber Co. on Thursday announced it will repurchase $200 million of its stock. “Our balance sheet remains strong and we have...

Cooper Tire’s 2nd quarter profits climb

By LOU WILIN STAFF WRITER Selling 10 percent more tires and having lower raw material costs, Cooper Tire & Rubber Co. grew profit by 7.6 percent last quarter to $38.2 million, the company said Thursday. Earnings amounted to 59 cents per share in the April-June quarter. Sales...

Marathon pumps up profits

By LOU WILIN STAFF WRITER Marathon Petroleum Corp.’s barges on the Mississippi and Ohio rivers helped it earn higher profits on its gasoline and diesel fuel, boosting second-quarter earnings by 44 percent to $855 million, Marathon reported Thursday. Earnings amounted to...

2nd plane crash victim identified

By LOU WILIN STAFF WRITER A 26-year-old Toledo woman, Tiesha McQuin, was the female passenger killed with a Grob Systems executive in an airplane crash early Sunday about two miles north of Findlay, family members of McQuin said Tuesday. Tiesha McQuin was riding in the plane...

Speedway to expand offices

By LOU WILIN STAFF WRITER Speedway plans to invest $9.1 million, buying a building in Springfield and renovating part of its nearby Enon headquarters to add 350 jobs and retain 800 employees, the company reported. The additions and renovations by Marathon Petroleum Corp.’s...

Distribution center gets big tax break

By LOU WILIN STAFF WRITER McLane Co., which will open a $38 million grocery distribution center in northern Findlay in 2016, will avoid more than $750,000 in sales taxes by temporarily ceding ownership of the construction site to the Blanchard Valley Port Authority. Government...

Agency joining probe of tires

By LOU WILIN STAFF WRITER A second federal agency voted Tuesday to investigate a complaint by unionized Cooper Tire & Rubber Co. workers that Chinese tire makers have unfairly stolen U.S. customers. The International Trade Commission voted to join the Commerce Department in...