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Republic loses one of two furnaces, hasn't determined the duration yet
Other noon headlines: FirstEnergy losses, accused East Cleveland killer; JobsOhio

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M.L. Schultze
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In The Region:
  • Republic loses one of two furnaces, hasn't determined the duration yet
  • FirstEnergy takes a loss
  • Democrats press GOP lawmakers for a closer look at JobsOhio
  • Michael Madison and the death penalty
  • Republic loses one of two furnaces, hasn't determined the duration yet
    Republic Steel is trying to figure out why a transformer blew on one of its two electric arc furnaces in Canton, and how long it will be out of service.

    Republic is North America’s largest bar quality steel producer, and its biggest customer is the auto industry. The company is ramping up production at its second furnace in Canton, but says both furnaces have been operating at near full capacity.

    About  2,200 people work at Republic’s headquarters in Canton and its mills in Lorain, Canton, Massillon and other states.

    FirstEnergy takes a loss
    Akron-based FirstEnergy Corp. missed its revenue target and lost $164 million last quarter compared to turning a profit during the same quarter last year. Still, its adjusted earnings per share topped analysts’ expectations. In the release of its quarterly earnings this morning, the company says it has lowered operating costs and increased residential distribution.

    Democrats press GOP lawmakers for a closer look at JobsOhio
    Democrats are pushing the Ohio House oversight committee to hold hearings how accountable  JobsOhio is in spending public money.

    In his letter to Oversight Committee Chairman Mike Dovilla of Berea, Rep. Ron Gerberry of Austintown cited newspaper accounts that six of nine members of the JobsOhio board are tied to companies that got tax credits and other help from the agency. JobsOhio is a nonprofit corporation that gets its funding via state liquor profits. It is exempt from most of Ohio’s public meetings and records laws, and Republican lawmakers adjusted the rules this summer to exempt it from the state auditor.

    Michael Madison and the death penalty
    Cuyahoga County prosecutors are considering pressing for the death penalty for 35-year-old  Michael Madison, the East Cleveland man accused of murdering three women.

    Madison was in court this morning for a brief pretrial hearing.  

    Prosecutor  Timothy McGinty has a special Capital Review Committee  that considers all upcoming potential capital cases, as well as reviewing some old cases.

    Madison is charged with  aggravated murder, kidnapping and rape in the deaths of 38-year-old Angela Deskins, 28-year-old Shetisha Sheeley, and 18-year-old Shirellda Terry.

    He was arrested July 19th near where  police and volunteers were finding the bodies of the three women wrapped in plastic bags.  Autopsies are continuing, and no trial date has yet been set. 

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