Local News

Friday, April 11, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- A case study released Thursday shows that while oil and gas exploration in the Marcellus and Utica shale plays has led to economic benefits for the region, it's also brought new challenges to rural communities in Ohio, Pennsylvania and West Virginia. The Multi-State Shale Research Collaborative -- composed of six think tanks across five states -- studied four counties where shale development is most active: Carroll County, Ohio; Greene and Tioga counties in Pennsylvania; and Wetzel County in...

Friday, April 11, 2014

Author:  George Nelson SEBRING, Ohio -- Copeland Oaks will add about 10 assisted living units resulting from a $1.2 million project that kicked off Thursday. A ground-breaking was held for the “assisted living consolidation project,” as executive director Philip Braisted described it. “We’re consolidating all of our assisted living into two buildings. We had it scattered throughout the campus and this is putting it all together in one place,” he said. The consolidation will increase efficiency and create “some really nice new units...

Friday, April 11, 2014

BOARDMAN, Ohio -- Akron Children’s Hospital Mahoning Valley is launching the public phase of its multi-year campaign, Building on the Promise: A Vision for Our Valley’s Children. The goal is to raise $18 million in philanthropic support to finance strategic growth and expansion in the Mahoning Valley. The quiet phase of the campaign, which began last year, has raised nearly $6 million in gifts and commitments, says Bruce Beeghly, co-chairman the Vision leadership committee. The other co-chairmen are his wife, Nancy, and Paul and Sallie Tod Dutton. “Akron Children’s...

Friday, April 11, 2014

YOUNGSTOWN, Ohio -- WRP Investments Inc. has been acquired by Sterne Agee Financial Services Inc. Terms were not disclosed. The financial services firm is a subsidiary of Birmingham, Ala.-based Sterne Agee, one of the oldest and largest privately owned financial services firms in the nation. It was founded in 1901. WRP Investments offers guidance and advice through more than 350 independent advisers to clients primarily in the Midwest and Northeast. WRP was founded in 1976 by William Richard Pintaric and his aim was “to serve his clients in a fashion superior to...

Friday, April 11, 2014

Author:  George Nelson YOUNGSTOWN, Ohio – The Ohio Department of Transportation’s District 4 will see $433.4 million in projects launch or continue this year, including $63.3 million in Mahoning County and $44.7 million in Trumbull County. That includes $14.4 million in upcoming work in Mahoning and $17.8 million in Trumbull. Area projects detailed by ODOT officials Thursday morning during a news conference held at the Eastgate Regional Council of Governments’ offices are part of the $2.5 billion 2014 construction program announced by...

Friday, April 11, 2014

Author:  George Nelson YOUNGSTOWN, Ohio – The Ohio Department of Transportation’s District 4 will see $433.4 million in projects launch or continue this year, including $63.3 million in Mahoning County and $44.7 million in Trumbull County. That includes $14.4 million in upcoming work in Mahoning and $17.8 million in Trumbull. Area projects detailed by ODOT officials Thursday morning during a news conference held at the Eastgate Regional Council of Governments’ offices are part of the $2.5 billion 2014 construction program announced by...

Thursday, April 10, 2014

COLUMBUS, Ohio -- JobsOhio and its chief investment officer, John Minor, today announced that GE has chosen Greater Cincinnati for its new U.S. Global Operations Center. The project is expected to create 1,400 new jobs in Ohio. GE will break ground on the facility this summer and expects it to be fully operational by 2017. The global operations center is key to GE’s global strategy to simplify its operations, according to the annoucement. GE is creating shared service sites where enabling functions such as finance and IT can be standardized and managed in one place....

Thursday, April 10, 2014

COLUMBUS, Ohio -- Huntington Bancshares Inc. today announced it has signed a definitive agreement under which Huntington National Bank will purchase 11 branches in central and east Michigan from Bank of America Corp. Huntington’s acquisition will increase the bank’s Michigan branch total to 173 statewide including 80 locations in the east Michigan region. Huntington said it will purchase approximately $450 million in deposits, for a deposit premium of 3.5% based on deposit balances near the time the transaction closes. The transaction excludes loans and is expected...

Thursday, April 10, 2014

Author:  Dan O'Brien HUBBARD, Ohio -- Shortly before Evets Oil & Gas Co. received a permit to occupy its new, 22,000-square-foot plant in Hubbard, a client walked through the building and was impressed with its design, layout and workflow capabilities. At that moment, he booked the plant's first project, and Evets’ newest operation was in business an hour before the final operating permit was secured. "Now, we didn't start work until then," laughs Chris Jaskiewicz, president of VEC Inc., parent of Evets. "He walked through, saw...

Thursday, April 10, 2014

YOUNGSTOWN, Ohio -- Huntington Bank has embraced the U.S. Small Business Administration in its efforts to help entrepreneurs get started, sustain their enterprises and help them expand. It continues to rank first in the Midwest and second in the United States in the number of loans it’s extended to small-business owners. The SBA “enables us to say ’Yes’ more often,” says Craig Street, director of SBA lending at Huntington Bank in Columbus. “The SBA allows us to offer better rates and extended terms.” Adds Joshua Toot, Mahoning Valley market manager for Huntington’s...

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