Wolff adds 224 solar panels
Wolff Bros. Supply Inc. said it is installing the largest solar array in Medina County.
The building supply company, headquartered in Medina’s York Township, said the 224 panels on the roof of its showroom/offices will supply about 10 to 15 percent of the building’s power.
Company officials said the installation also is designed to showcase the SolarWorld Inc. line of energy panels, which Wolff Bros. is now distributing. The panels are made with silicon, glass and aluminum.
SolarWorld is headquartered in California.
Wolff Bros. calls itself one of the country’s largest independent plumbing, electrical and HVAC distributors in America. The company has 250 full-time employees and has 11 locations, including sites in Akron and Wooster.
Pianalto to speak at forum
The National Association for Business Economics will hold its inaugural Industrial Conference May 31 in Cleveland with the theme Making It in America: Manufacturing Matters.
Sandra Pianalto, president of the Federal Reserve Bank of Cleveland, will be the keynote speaker at 8 a.m. Rick Fearon, the chief financial officer of Eaton Corp., will be the luncheon speaker. There are 13 other scheduled speakers for the daylong program.
The event takes place at the Federal Reserve Bank of Cleveland. There will be a continental breakfast starting at 7 a.m.; the program is scheduled to conclude at 4:15 p.m.
The conference is intended to look at the changing dynamics and rebalancing of U.S. manufacturing. Topics include Assessing Manufacturing; The Oil and Gas Boom: What Does It Mean for Manufacturing and more.
For more information, go to www.nabe.com/industry2012/program.html.
Office space provider grows
Office Space Coworking, which provides office space to those who might otherwise work from home, has opened a site in Canton, the company’s third location. The location is in a portion of the Fulton Professional Building at 2223 Fulton Road NW. The company also has locations in Cuyahoga Falls and Akron. Plans start at $150 a month.
Goodyear stock surges 4.9%
Goodyear Tire & Rubber Co. had the second-best performing stock in the S&P 500 index Wednesday after reports showed institutional investors had increased their holdings this year in the Akron tire maker.
Goodyear shares rose 50 cents, or 4.9 percent, to $10.69. Shares are down 24.6 percent since Jan. 1 and are down 39.1 percent from a year ago. (Legg Mason Inc. was the S&P 500’s top performer Wednesday, up nearly 7.5 percent.)
Hedge fund SAC Capital revealed that in the first three months of 2012 it bought more than 4.7 million shares in Goodyear, bringing its total to more than 4.8 million shares, or just under 2 percent of total shares. That made SAC the ninth largest shareholder of Goodyear.
Wellington Management Co. is the single largest Goodyear shareholder with nearly 24.7 million shares, or 10 percent of total shares, as of April 30. Nearly 85 percent of Goodyear stock is owned by institutional investors that include investment advisers, hedge funds, pensions, mutual funds and others.
Coalition donates $115,000
An employers’ coalition based in North Canton has donated $115,000 to health-care charities and groups.
Employers Health is a national employers coalition that provides prescription drug group purchasing and other efforts to improve health-care cost, quality and access.
The group presented checks on Wednesday to these organizations during its annual symposium:
• Health Policy Institute of Ohio: $10,000 for a payment reform project.
• Access Health Stark County: $65,000 to help ongoing efforts to connect the uninsured with volunteer primary and specialty care.
• Prescription Assistance Network of Stark County: $20,000 to help provide patients access to prescription medicines.
• Access Health Columbus: $20,000 to support work to create patient-centered homes in central Ohio.
YRC to add 200 drivers
Trucking company YRC Freight, a subsidiary of YRC Worldwide Inc., will hire drivers at its Copley and Richfield terminals as part of a plan to add 200 over-the-road drivers across the United States.
Pay and benefits, including health care, will be according to the company’s Teamster union contract.
Overland Park, Kan.-based YRC said it provides all equipment and pays all fuel costs.
Compiled from staff and wire reports