Local News

Friday, September 26, 2014

YOUNGSTOWN, Ohio -- Expansions at the Youngstown Business Incubator and the Akron Global Business Accelerator stand to enhance northeastern Ohio's potential as a high-tech hub, U.S. Rep. Tim Ryan, D-13 Ohio, said Thursday. The congressman announced funding from the Economic Development Administration, a division of the U.S. Department of Commerce, for two major projects: a $3 million grant for the YBI to renovate a fifth building and thus expand its downtown campus, and $2.5 million for the Akron Global Business Accelerator to construct the Bits and Atoms Innovation...

Friday, September 26, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- A new tenant was approved Thursday to occupy the city-owned 20 Federal Place food court, action that comes a week before the city deadline for proposals to buy the property. The city’s Board of Control approved a lease agreement with New Seasonings Nutritional Services, Youngstown, doing business as New Seasonings Café, for 640 square feet of space in the food court. Bo Willie’s Soul Food had occupied the slot, vacant for about eight months. The main focus of the menu will be breakfast items...

Friday, September 26, 2014

YOUNGSTOWN, Ohio – Gregg Sturrus, chairman of the department of physics and astronomy at Youngstown State University, has been named interim dean of the YSU College of Science, Technology, Education and Mathematics effective Oct. 8, pending approval by the university board of trustees. The office of the president issued the announcement to the YSU campus Thursday afternoon, a spokesman said. Sturrus would succeed Martin Abraham, earlier named interim provost and vice president for academic affairs. The university also announced that James Andrews, professor of...

Friday, September 26, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Cooperative efforts between school districts in the region and private partners are key to accelerating students’ aptitude in science, technology, engineering and mathematics, or STEM, education, officials say.  In the past, public school districts have struggled when on their own to obtain funding for programs that come with a high price tag. STEM education, for example, requires hands-on training with sophisticated equipment that could prove cost-prohibitive to most of these districts. “We...

Friday, September 26, 2014

IRVINE, Calif. -- Sales of new vehicles are expected to increase 9.1% year-over-year to 1.24 million units, resulting in a project adjusted annual rate of 16.4 million seasonally adjusted. Based on the robust sales pace of the last few months, Kelley Blue Book is adjusting its sales outlook for 2014 upward by 100,000 to 16.4 million.     "Following an extraordinarily strong month of sales in August, with the industry above 17 million [seasonally adjusted annual rate] for the first time in eight years, Kelley Blue Book expects sales to level out in September," said...

Friday, September 26, 2014

NEW BRIGHTON, Pa. -- Novak Auto Parts will host the Pennsylvania Automotive Recycling Trade Society as part of the society’s 50th annual convention today and tomorrow. Judy Moore, assistant director for the National Alternative Fuels Training Consortium, is the keynote speaker. Moore will speak on safe recycling practices as well as the value that hybrid vehicles bring to the auto recycling industry.  The society is an affiliate state chapter of the national Automotive Recyclers Association. Although auto-recycling sites are often compared to the junkyards of the...

Thursday, September 25, 2014

COLUMBUS, Ohio – MidAmerican Global Ventures LLC announced today that it has entered into a “strategic marketing partnership agreement” with the Mahoning Valley Economic Development Corp., Liberty Township, to promote EB-5 financing for job-creating projects in the Mahoning Valley.  “We look forward to working with MidAmerican Global Ventures to attract and leverage foreign investment that will help finance new and expanding projects and ultimately help grow the Mahoning Valley economy and create new jobs,” said Michael R. Conway, MVEDC executive director, in a...

Thursday, September 25, 2014

COLUMBUS, Ohio – MidAmerican Global Ventures LLC announced Thursday that it has entered into a “strategic marketing partnership agreement” with the Mahoning Valley Economic Development Corp., Liberty Township, to promote EB-5 financing for job-creating projects in the Mahoning Valley.  Created by Congress in 1990 to stimulate foreign investment and job creation in the United States, the Employment-Based Fifth Preference Program, or EB-5, makes qualified foreign investors eligible for an employment-based visa, called an EB-5 visa, if it invests a minimum of $1 million...

Thursday, September 25, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- The Williamson College of Business Administration at Youngstown State hosted its first stand-alone job fair Wednesday, drawing 29 employers from accounting, finance, marketing and management. Some employers came from as far as Cleveland and Columbus to talk to YSU students. “They've heard about our Williamson College of Business Administration and the strength of our students and they're interested in hiring some of them for those jobs and internships,” said Mary Coller, director of...

Thursday, September 25, 2014

YOUNGSTOWN, Ohio -- A sizable and growing portion of the economic benefits from unconventional oil and gas development in the United States is being felt by a diverse group of industries that support oil and gas producers, according to a new study by IHS, a Colorado-based provider of business information and analytics. Employment related to unconventional oil and gas production – horizontal drilling in previously untapped shale deposits such as the Marcellus and Utica plays -- in these supply chain industries totaled 524,000 jobs in 2012, the study found. That number...

Pages