Friday, February 16, 2001

Tristate Business Summary




Steelmaker looks for improved sales

        Shareholders of NS Group Inc. elected seven directors to one-year terms and approved the appointment of Arthur Andersen LLP as independent accountants for the Newport tubular steel maker at a brief annual meeting Thursday.

        The company is anticipating improved tubular steel orders this year after an inventory correction by distributors late last year forced temporary layoffs at the company's Wilder mill. NS Group's shares closed Thursday at $10.89, up 11 cents.

Ohio firms liable for counterfeiting

        Microsoft Corp. said it has won $2.8 million in judgments and settlements against 10 Ohio computer resellers accused of counterfeiting software.

        The largest was a $1.6 million judgment against Phoenix Computers of Warrensville Heights, near Cleveland. Eight of the companies involved are from the Cleveland area, and two are from Columbus.

        Microsoft filed suit in November against PC Wholesalers of Cincinnati, for counterfeiting software. The case is pending.

Software group updates its name

        The Greater Cincinnati Software Association has changed its name to The Circuit — Cincinnati's Digital Connection, the group said Thursday.

        “Over time, the role of the GCSA has evolved. It is no longer limited to software companies,” president Blaine Clark said. “It now serves as a source for work-force development networking, education and government advocacy ... in Cincinnati's high-tech market.”

        In the past year, the Circuit's membership has doubled, and today stands at 155 member companies with 500 active participants, Mr. Clark said.

Ford has layoff at Avon Lake

        Ford Motor Co. will indefinitely lay off as many as 500 workers from an Avon Lake, Ohio, assembly plant beginning March 26 as it reduces inventories of Mercury Villager and Nissan Motor Co.'s Quest minivans.
       

— From staff and wire reports

       



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