Business briefs: Kroger grand re-opening, Galion federal contract and more

Kroger will celebrate remodeled Mansfield store grand re-opening on Sept. 8

WESTERVILLE — Kroger is set to celebrate a newly remodeled store at 1060 Ashland Road in Mansfield on Sept. 8. After nearly four months of renovations and improvement, the store will officially unveil its $1.7 million effort. Shoppers may explore the store’s updates, register to win one of eight $100 Kroger gift cards, sample food and take advantage of grand re-opening specials.

To further celebrate the grand re-opening, customers who use their Kroger Plus card at the Ashland Road Kroger Fuel Center Sept. 8 - Sept. 10 will reap an extra 20 cents per gallon savings.

The newly remodeled 71,349-square-foot store features new décor throughout, expanded beverage/adult beverage, a full store reset for better traffic flow and better selection, updated bakery fixtures and tables, updated produce tables, updated fresh meat cases and refreshed departments and restrooms.

The location presently employs more than 140 associates. Store hours are 6 a.m. to 10 p.m. daily, with pharmacy hours 8 a.m. to 8 p.m., weekdays; 9 a.m. to 6 p.m., Saturdays; and 10 a.m. to 5 p.m., Sundays.

Galion company awarded federal contract

WASHINGTON, D.C. — Brothers Body & Equipment of Galion has won a federal contract award for $313,199 from the U.S. Navy, Parris Island, South Carolina, for a 53 foot custom tandem axle trailer.

Ohio launches venture capital program for tech-based companies

COLUMBUS — Ohio Gov. Mike DeWine, Lt. Governor Jon Husted, and Ohio Department of Development Director Lydia Mihalik have announced the availability of approximately $111 million to support Ohio tech-based companies.Two new funds — the Ohio Early Stage Focus Fund and Ohio Venture Fund — will help increase the amount of early-stage capital invested in Ohio technology-based companies, accelerate the growth of high-potential companies, and create a climate that supports the development, retention, and attraction of technology companies in Ohio.

The new programs are part of the State Small Business Credit Initiative (SSBCI) Venture Capital Program. The Ohio Department of Development began accepting proposals for funds last week.

Both programs are competitive, and proposals will be scored based on responsiveness to requirements of the RFP. Letters of intent are due by 2 p.m., Sept. 21 and final proposals must be submitted by 2 p.m., Oct. 19.More information on the program can be found at development.ohio.gov/ssbci.

Public employers’ premium rates to drop nearly 4%

COLUMBUS — Ohio’s public employers will pay nearly $8 million less in premiums next year to the Ohio Bureau of Workers' Compensation (BWC) thanks to a rate cut that will go into effect Jan. 1, 2024.

This 3.9% rate reduction was made possible by declining injury claims and relatively low medical inflation costs by Ohio’s counties, cities, public schools, and other public taxing districts.

Approved by BWC’s Board of Directors at this month’s board meeting, the reduction improves the already historically low rates for Ohio’s employers. Overall, the average rate levels for the 257,000 private and public Ohio employers in the BWC system are at their lowest in over 60 years.

The reduction represents a statewide average. The actual premium change for an individual public entity will differ based on multiple factors, including employer type or classification, payroll levels, recent claims history, and their participation in various BWC programs.

Ohio CEOs, manufacturers announce opposition to legalizing recreational marijuana

COLUMBUS — The Ohio Business Roundtable, which represents over 100 of the state's largest employers, and the Ohio Manufacturers' Association this week announced their opposition to Issue 2 — a proposed law on Ohio’s Nov.7 statewide ballot that would legalize recreational marijuana use and retail sales in Ohio.

The two groups say the legalization of marijuana in states has been linked to increased use by young people, increased auto injuries and deaths, increased crime and increased impairment at work. Employees who are impaired at work have 85% more injuries and 75% more absences.

Mansfield News Journal

This article originally appeared on Mansfield News Journal: Mansfield Kroger grand re-opening, Galion contract, BWC premiums