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The Workforce Development Agency will launch a new program designed to help employers train new workers. According to a press release, the $3.8 million program dubbed You Hire, You Train, We Pay, is administered by the Ohio Department of Job and Family Services.
Funded through a National Emergency Grant from the U.S. Department of Labor, the program targets workers who have nearly exhausted their unemployment by providing training funds to companies that provide them an employment opportunity.
Companies interested in the program are encouraged to contact Michael Veh, Workforce Development manager, at The Source of Northwest Ohio to begin the process that includes posting a job opening through the one-stop employment center.
Qualified candidates will be matched to the position and companies will then select workers using their own processes and hiring practices.
The agency has identified approximately 1,200 Lucas County residents who may meet participation requirement sand they are being notified about the opportunity.
The employer will then begin training the new workers on-the-job and will be reimbursed up to 50 percent of the wages paid the worker during the training period. Training may last up to six months and reimbursement is limited to $8,000 per employee.
Call Michael Veh at 419-213-6304.
The bottom line
GenoaBank last week announced shareholders received a quarterly dividend for the fourth quarter of 2010. The board of directors declared a dividend of $.14 per share to all shareholders of record as of Jan. 21.
Fourth quarter net income totaled $420,000 with assets ending at $249 million dollars.
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The Andersons last week reported fourth quarter income totaled $25.8 million, or $1.39 per diluted share, on revenues of $1.2 billion according to a company release.
The company also reported 2010 earnings of $64.7 million, or $3.48 per diluted share, on $3.4 billion revenue. The earnings were the second highest in company history.
The grain and ethanol group led the way with a record operating income of $81.4 million, up from $51.4 million in 2009. The plant nutrient group ended the year with operating income of $30.1 million, due to a 30 percent increase in volume. In addition, both the rail group and the turf & specialty group posted profits. The only loss came from the retail group, which had an operating loss of $2.5 million, slightly less than the $2.8 million loss it posted in 2009. Total retail sales in 2010 were $151 million, down seven percent from 2009 sales of $162 million.
The Andersons operates a local general store at the Woodville Mall in Northwood.
Gold stars
ProMedica has been named the nation’s second most Integrated Healthcare Network (IHN), according to results of the 2011 survey conducted by SDI, the nation’s premier rating system that evaluates IHNs based on performance level and degree of integration. ProMedica has ranked in the Top 10 for the past nine years.
The rating system ranks local and regional, non-specialty integrated healthcare networks to identify critical success factors in the following categories: integration, outpatient utilization, integrated technology, physician participation, contractual capabilities, hospital utilization, services and access, and financial stability. This year, ProMedica earned the maximum possible score in the first five of the eight assessment categories listed above.
At the clubs
The Eastern Maumee Bay Chamber of Commerce elected new board members last week at its annual State of the Communities breakfast meeting. They are: Cody Miller, Alan Miller Jewelers; Rick Jacques, Simply Green Lawn Service; Amy Hilt, HCR Manor Care and Tony Tepper, Mathews Ford. Board members reelected were: Cathy King, National Bank of Oak Harbor; Larry Schaffer, Eggleston-Meinert-Pavley Funeral Home and Bill Mueller, Bay Park Community Hospital.
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The Oregon Economic Development Foundation will meet Friday, 7:30 a.m. at St. Charles Hospital. Call Linda at 419-693-9999.
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The Oregon/Northwood Rotary meets Wednesdays, 7:45 a.m. at American Table Restaurant on Wheeling across from St. Charles Hospital. Call Steve at 419-698-9917.
Just the fax: Fax items before Wednesday at noon to 419-836-1319, e-mail to
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, or send to The Press, Box 169, Millbury, OH 43447.
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