Business digest

REGION

Dominion East Ohio to lower price of gas

CLEVELAND — Dominion East Ohio said its new purchase price for natural gas will be $4.24 per thousand cubic feet starting Sept. 17. The price is 54 cents lower than the August price of $4.78.

The price applies to customers who don’t buy gas from an Energy Choice supplier or who don’t participate in a government aggregation plan.

The new price is a decrease of $6.48, or 60 percent, lower than the price in September 2008.

NATION

Deere & Co. to build new parts center in Russia

MOLINE, Ill. — Deere & Co., the world’s largest agricultural- equipment maker, said Monday its board of directors has approved a plan to invest $125 million to establish a new manufacturing and parts center in Russia.

The Moline, Ill.-based company said the facility near Moscow will be capable of making a broad range of John Deere products, including tractors and harvesting equipment, as well as construction and forestry products.

Deere has expanded globally in recent years, and more than half its agricultural sales came from outside North America for the first time in 2008.

From Vindicator staff and wire reports