You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

Advertisement
briefs

Tenneco adding 100 jobs

Tenneco Inc., a vehicle parts supplier that last year announced an $18.7 million expansion at its Ligonier operations, is hiring.

The company wants to fill at least 100 positions, including machine operators, welders, material handlers and equipment set-up operators. Starting wages for the full-time positions range from $13 to $14.50 an hour.

WorkOne Northeast will host a job fair from 9 a.m. to noon Saturday at the WorkOne career center, 524 Fairview Blvd., Kendallville. Other fairs are scheduled Oct. 19 and Nov. 9, but exact times haven’t been announced.

Applications also will be accepted before and after the fair at the Kendallville WorkOne center and at the Auburn center, 936 W. 15th St.

Jobless rate drops for Ohio counties

State officials in Ohio released information Tuesday that showed Defiance, Paulding, Van Wert and Williams counties with lower unemployment last month compared with July.

Paulding County had the lowest jobless rate at 6.5 percent in August, compared with July’s 6.7 percent. Defiance and Van Wert mirrored each other in August at 6.7 percent, compared with 7.5 percent and 7.1 percent, respectively. Williams was 7 percent, down from 7.9 percent in July.

BBB warns of latest fraud for iPhones

The Northern Indiana Better Business Bureau is warning of iPhone fraud.

Apple Inc. began retail sales of the latest versions of the smartphone last week and it is already generating new scams. There is no lottery, giveaway, prize drawing, contest award or prizes associated with this launch, a statement from the bureau said.

Apple is not asking for customers’ Apple IDs or other personal financial information. Consumers are urged to check their shipping information at the Apple website if they ordered a phone and have questions.

JPMorgan cutting hundreds of Ohio jobs

JPMorgan Chase & Co. will cut about 440 jobs in the next three months, mostly at its central Ohio offices in the suburbs north of Columbus.

The announcement comes weeks after the bank announced 300 cuts. Like other banks, it says fewer employees are needed to handle mortgage services as that market has changed.

The Columbus Dispatch reports most of the workers affected by the latest round of cuts can apply for the company’s roughly 600 job openings in the Columbus area. The bank isn’t yet sure how many of the workers affected by last month’s cuts have new jobs with the company.

Chase is a large employer in central Ohio, where it has almost 20,000 workers.

Applied Materials buying Tokyo Electron

Chip-making equipment manufacturer Applied Materials is acquiring Tokyo Electron Ltd., a rival maker of equipment for production of semiconductors, flat panel displays and solar panels.

The two companies said Tuesday their $9.39 billion all-stock transaction will result in the creation of a new company with a market capitalization of about $29 billion.

Tokyo Electron’s chairman Tetsuro Higashi said the deal is meant to create a “truly global company.”

The new company will have shared leadership, with Higashi as its chairman and Applied Materials’ president and CEO Gary Dickerson as its CEO.

Advertisement