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Ribbon-cutting held for Gestamp plant in W.Va.

Oct. 16, 2012 @ 12:00 AM

SOUTH CHARLESTON, W.Va. -- International auto parts company Gestamp has cut the ribbon for its new plant in South Charleston.

A dedication and ribbon-cutting ceremony was held at the plant Monday.

The plant is located at the former South Charleston Stamping and Manufacturing Plant. Gestamp is an international company based in Spain.

U.S. Sen. Jay Rockefeller says in a statement that he's worked with each company that has operated the plant over the years, and there have been many ups and downs. But officials continue fighting to keep the plant in the Kanawha Valley.

Kindle customers may get e-book credit

NEW YORK -- Amazon has alerted its Kindle customers that they are entitled to a credit on prior electronic book purchases as part of settlements between some major e-book publishers and the government.

In September a federal judge approved the U.S. Justice Department's settlement with Hachette, HarperCollins and Simon & Schuster, which were accused of conspiring in a price-fixing scheme.

Among other things, the agreement requires the publishers to abandon the pricing system that they had conceived with Apple before it released its iPad tablet in 2010. The publishers must also provide the funds for the Kindle credit.

Amazon.com Inc. told its Kindle customers over the weekend that they will be contacted when the credit is applied to their account if the court approves the settlement in February. Customers don't need to do anything to receive the credit.

Ohio gas prices head down from last week

COLUMBUS, Ohio -- Ohio motorists are seeing lower gas prices compared with last week.

The average price for a gallon of regular gas in the state was $3.62 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. That's 14 cents lower than a week ago.

Ohioans are paying considerably less than a month ago, when the average price was $3.88. This time last year, the state average was $3.38.

The national average Monday was $3.79, down 3 cents from a week ago.