Friday, December 6, 2002

Tristate summary



From staff and wire reports

Hyde Park Kroger is getting bigger

Kroger Co. will add another 30,000 square feet of shopping space to its Hyde Park Plaza store, making it the grocer's largest store in Greater Cincinnati.

In addition to Kroger, shopping center owner Regency Centers said it signed new leases with restaurant TGIF, USA Baby, Panera Bread and Legacy Furniture.

The expanded Kroger, to open next fall, will resemble the Cincinnati-based grocer's Fred Meyer chain on the West Coast. Construction has started with several older storefronts adjacent to Kroger already demolished.

Reece Campbell Construction is building the expansion.

Existing shops at the 375,000-square-foot center at Paxton Avenue and Wasson Road include Thriftway, Walgreens, Barnes & Noble and Blockbuster.

Hillenbrand hikes dividend

Batesville, Ind.-based Hillenbrand Industries Inc. on Thursday increased its quarterly dividend to 25 cents a share from the previous 23 cents a share. The new dividend is payable on Dec. 31 to shareholders of record on Dec. 17.

Anchor plans to trim 175 jobs

Lancaster, Ohio-based glassware maker Anchor Hocking plans to shut down part of its operations and eliminate 175 jobs by the end of the year, a union official said.

Company officials would not confirm the cuts.

The move would come six months after a merger with Libbey Inc. fell through because of government concerns that the deal could result in a monopoly in the tableware industry.

Charles Frank, chairman of Local 25 and president of the Executive Council of the Unions at Anchor Hocking, said this week the company intends to shut down one of the three tanks in which glass is mixed.

Anchor Hocking employs about 1,100 permanent workers and 232 temporary employees.

Anchor Hocking makes glasses, ovenware, vases and specialty glass items.