Local News

Tuesday, October 21, 2014

WARREN, Ohio -- The Eastern Ohio Education Partnership will recognize school districts in Ashtabula, Columbiana, Mahoning and Trumbull counties for their efforts at a Nov. 6 event. Jim Tressel, president of Youngstown State University, is the keynote speaker. Districts that have received an A in Performance Index, Value Add, and/or Indicators Met on the 2013-2014 Ohio Department of Education Report Card will receive special recognition at the Excellence in Education event.    It will be held at Leo's Ristorante in Howland Township, from 11:30 a.m. to 1:30 p.m.. The...

Monday, October 20, 2014

YOUNGSTOWN, Ohio -- The Youngstown/Warren Regional Chamber this morning announced attorney John Rossi of Cortland as its foundation president. Rossi will concentrate on support and growth for the foundation, which was formed in 1993 as one of the funding arms of the Regional Chamber’s economic development division. He has served as a consultant to the chamber for the past two years, initiating the Route 422 Corridor Master Plan and leading the Youngstown Air Reserve Station’s enhancement efforts for the chamber. He will continue to lead these efforts in his new role...

Monday, October 20, 2014

COLUMBUS, Ohio -- In September, 7,947 new entities filed to do business in Ohio, up from 6,239 the same month a year earlier, the office of Secretary of State Jon Husted reports. Year to date though September, there have been 71,668 new business filings through the office, compared with the 68,562 filings during the first nine months of 2013. During the previous two years, 2012 and 2013, the state saw a record-setting number of new businesses file with 88,068 and 89,735 new companies filing to do business in Ohio respectively. Growth in online business filings has...

Monday, October 20, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- A grassroots initiative launched a year ago is becoming a driving force for downtown revitalization. The Economic Action Group, which met for the first time last December, will hold its 10th meeting Tuesday afternoon at the Youngstown Business Incubator. During the meeting, downtown property owners will make presentations regarding past projects and future development plans.   “It’s not an organization,” stresses Dominic C. Marchionda, who facilitates the group in his role as a part-time city...

Monday, October 20, 2014

Author:  Dennis LaRue BOARDMAN, Ohio  -- The CEO and administrator of the Ohio Bureau of Workers Compensation, Steve Buehrer did not arrive at Mr. Anthony’s Friday in a sleigh drawn by eight reindeer nor was he attired in a red suit with white fur trim. Nonetheless, because he brought a check for $42.974 million for businesses and local governments in Mahoning and Trumbull County, Buehrer was treated like Santa Claus. The president and CEO of the Youngstown/Warren Regional Chamber, Tom Humphries, was on hand to have his picture taken...

Monday, October 20, 2014

AUSTINTOWN, Ohio -- New equipment, innovative methods of manufacturing and a sleek plant hitting its stride have made McHenry Industries Inc. one of the top go-to manufacturers of durable signage across the country. What was nearly impossible to achieve four years ago at McHenry’s former location on Industrial Road in Youngstown is very much a reality at its plant on Victoria Road, says its president, Ron Musilli Jr. “We’ve been able to take on a lot of new customers and large-scale projects,” he says. McHenry Industries constructed a 38,000-square-foot-building four...

Monday, October 20, 2014

COLUMBUS, Ohio -- Huntington Bank reports it has become the largest Small Business Administration 7(a) lender in the United States for the fiscal year ended Sept. 30. The bank made 4,183 loans that totaled $549 million in its six-state footprint, an increase of 37% over fiscal 2103 when it ranked third. Huntington has a presence in Ohio, western Pennsylvania, Michigan, central Indiana, northern Kentucky and northern West Virginia. The parent of the bank, Huntington Bancshares Inc., has $64 billion in assets. Huntington was the 11th-largest SBA 7(a) lender in fiscal...

Monday, October 20, 2014

YOUNGSTOWN, Ohio -- The Hess Corp., a global  energy company, has established a scholarship for engineering students at Youngstown State University, the university announced today. The scholarship is available to residents of Jefferson, Harrison, Belmont and Guernsey counties. The scholarship is intended to encourage and support students pursuing a degree in civil, mechanical, systems, electrical and construction engineering and is open to nontraditional students and displaced workers who return to college to regain employment. Interim Provost Martin Abraham and Greg...

Monday, October 20, 2014

ORRVILLE, Ohio -- National Bancshares, the holding company of First National Bank of Orrville, reports third-quarter net income of $1.59 million, or 72 cents per basic share, a record. This compares to net income of $1.43 million, or 64 cents per basic share, the preceding quarter, and $1.04 million, or 47 cents, per basic share, the quarter ended June 30, 2013. First National Bank has an office in Salem, one of 14 in northeastern Ohio. In a prepared statement, the president and CEO of the holding company and the bank, Mark R. Witmer, said, “We are pleased to report...

Friday, October 17, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- A continuously improving local economy enhanced by new development, tourist attractions and a solid manufacturing sector is driving growth in the hospitality industry here, executives say. Corporations such as General Motors Co. at Lordstown and Vallourec Star have helped to boost business travel to the Mahoning Valley over the last several years while long-standing attraction brings a steady stream of weekend business to the Shenango Valley, they say. “Everything out here is driven by the...

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