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Posted
October 04, 2007

News summary

  • Cardinal Health in Dublin has begun work on a second headquarters building that will eventually accommodate 700 jobs. Cardinal is Ohio's largest company by revenue and the 19th largest company in the U.S. According to the article, "Cardinal received state incentives for the $50 million project in the form of a $4 million loan at 1 percent interest from the Ohio Department of Development, flowing through the Columbus-Franklin County Finance Authority." (Source: "Cardinal adding to headquarters" Columbus Dispatch, Oct. 4, 2007.)

  • CareSource Management Group of Dayton has agreed to acquire Community Choice Michigan, a Medicaid managed care company. "CareSource has managed Community Choice since 2003, when a Michigan court put it into rehabilitation and CareSource Management was chosen to manage it." CareSource is a nonprofit Medicaid managed care company with 544,000 members in Ohio. The company has 700 employees, with 600 in downtown Dayton. (Source: "CareSource to acquire Michigan firm, Business Courier of Cincinnati, Oct. 4, 2007.)