Sherwin-Williams’ Revenue Up $651.1 million from 2012
Cleveland paint company Sherwin Williams sold almost $10.2 billion worth of paint and other products in 2013. This was a record high for the company who is looking to make a large acquisition in Mexico. Read Full Story
Timken Co. Spinning Off Steel Business
The Canton company is spinning off a steel business and will call it TimkenSteel Corp. The new company will trade on the New York Stock Exchange under the ticker TMST. Timken projects steels sales from the new company to exceed $1.7 billion. Read Full Story.
$500 Million Power Plant Coming to Middletown
NTE Energy, a Florida-based company, announced a project to build a natural-gas fueled power plant in Middletown, OH. Construction will start in 2015 and is expected to be completed in 2018. Read Full Story