Local News

Friday, October 31, 2014

AKRON, Ohio -- FirstEnergy Corp. has completed a new 3.5-mile, 138-kilovolt transmission line in its Ohio Edison territory to serve a Pennant Midstream natural gas processing plant in Springfield Township in Mahoning County, it announced Thursday. The utility described the project as one aspect of its efforts to support the growing shale gas industry in Ohio. The nearly $3 million project replaces the temporary equipment installed earlier and allows for expansion at the plant. The midstream processing plant uses huge amounts of electricty to separate natural gas into...

Friday, October 31, 2014

WASHINGTON – The White House, in partnership with the Smithsonian Institution and Instructibles, is inviting makers and innovators around the country to participate in the first-ever 3D-Printed Ornament Challenge. Up to eight winning designs will be 3-D printed and shipped to the White House, and some of the winners will be hung in the East Wing during the holiday season. Additionally, those selected to be displayed at the White House will be featured on the Smithsonian's 3-D data platform and will join a small collection of White House ornaments in the political...

Thursday, October 30, 2014

NEW YORK -- As the holiday shopping season is about to start, the National Retail Federation projects that sales will increase 4.1% over last year. Jack Kleinhenz, economist for the trade association, offers why he foresees the $616.9 billion retail sales increase. He defines “holiday sales” as those between Nov. 1 and Dec. 31, well before the unofficial Black Friday kickoff. Because the U.S. Department of Commerce collects data on a monthly basis, using the full months of November and December makes crunching the numbers easier, he says. All retail sales but autos,...

Thursday, October 30, 2014

NEW YORK -- As the holiday shopping season is about to start, the National Retail Federation projects that sales will increase 4.1% over last year. Jack Kleinhenz, economist for the trade association, offers why he foresees a retail sales increase of 4.1% to $616.9 billion. He defines “holiday sales” as those between Nov. 1 and Dec. 31, well before the unofficial Black Friday kickoff. Because the U.S. Department of Commerce collects data on a monthly basis, using the full months of November and December makes crunching the numbers easier, he says. All retail sales...

Thursday, October 30, 2014

BOARDMAN, Ohio -- Ivory & Birch, a new boutique featuring a wide array of merchandise from home goods to clothing and accessories, held its grand opening Wednesday. Located at 7631 Market St., the store features more than 100 brands and items including furnishings, clothes, jewelry and greeting cards. “I’ve been dreaming of opening a store since I was a little girl. My all-time favorite toy was a cash register and I changed my outfits six, seven times a day when I was 4,” recalled Deloran Muransky, the store’s owner. Muransky, an alumna of Poland Seminary High...

Thursday, October 30, 2014

Author:  Dennis LaRue YOUNGSTOWN, Ohio -- As the Nov. 21 deadline to exercise historic-tax credits approaches, Strollo Architects seems certain to secure the funding it needs to take possession of the Wells Building, 201-205 W. Federal St., renovate the four-story structure and move in next summer. The vacant structure, with a terra cotta façade built in the Classical Revival style, will turn 100 next year. It is listed in the National Registry of Historic Places. “Our target closing [with the Community Development Group of Huntington...

Thursday, October 30, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- No better sign of the resurgent commercial real estate market in downtown Youngstown is the recent news that veteran Mahoning Valley restaurant operator George Guarnieri would be taking over the top floor of the Commerce Building. Guarnieri, who operated Belleria Pizzeria on Youngstown-Poland Road until selling it earlier this year, plans to open a casual upscale restaurant in early 2015. The restaurant -- named, appropriately enough, “The Fifth Floor” -- will occupy the former upper level of...

Thursday, October 30, 2014

WASHINGTON -- The United States imported 3,892,000 net tons of steel in September, according to the American Iron and Steel Institute, which bases that figure on preliminary Census Bureau data. The figure includes 2,946,000 net tons of finished steel. The total represents an increase of 5.2% over August final data, while the finished steel figure is up 5.3%. Year-to-date, total and finished steel imports are 32,557,000 and 24,407,000 net tons, respectively, up 36% and 30%. Key finished steel products with a significant import increase in September are wire rods (up 37%), cold-rolled sheets (...

Thursday, October 30, 2014

WHEELING, W.Va. – WesBanco Inc., based here, is buying ESB Financial Corp., based in Ellwood City, Pa., in a cash and stock merger transaction valued at $324.4 million or $17.65 per share. The agreement and merger plan, unanimously approved Wednesday by the board of directors of both companies, was jointly announced Wednesday. Under the agreement and merger plan, unanimously approved Wednesday by ESB shareholders, they will receive 0.502 shares of WesBanco common stock and cash in the amount of $1.76 per share for each share of ESB common stock for a total value of...

Thursday, October 30, 2014

YOUNGSTOWN, Ohio -- The family of former U.S. Rep. James A. Traficant Jr. announced Wednesday a public memorial will be held Nov. 30 celebrating the former congressman and sheriff’s life and accomplishments. The event, A Celebration of the Life & Accomplishments of James A. Traficant Jr., will take place at 2 p.m. at the DeYor Performing Arts Centre’s Edward W. Powers Auditorium, according to a posting on Facebook. Doors will open at 12:30 p.m. the day of the event. Traficant, who died Sept. 27, served as a member of the U.S. House of Representatives from 1985...

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