Economic Development Futures Journal

Thursday, July 17, 2003

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Recent Business Developments

Columbus, OH--Bank One Corp. will add more than 200 jobs in Central Ohio as it consolidates its national credit and debit card production and statement processing to the region. The bank will invest about $8 million in Central Ohio facilities to accommodate the additional workers. Bank One was based in Columbus until 1998, when it merged with First Chicago NBD, although it still employs more than 9,500 in Central Ohio and 13,000 across the state. More here.

St. Louis, MO--American Airlines will cut St. Louis departures in half by November and will downsize its St. Louis hub, cutting daily departing flights from 417 to 207 effective Nov. 1, the airline said. More here

Dryden, ON--Weyerhaeuser Co. said it is closing its sawmill in Dryden, Ontario, and reducing the work force at the associated pulp-and-paper mill. The actions will result in the lay off of 330, the company said. More here.

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