Local News

Tuesday, February 10, 2015

VIENNA TOWNSHIP, Ohio -- The Mahoning Valley Economic Development Corp. honored Huntington Bank this morning as its most active lender and awarded the bank its Perpetual Plaque. The bank gets to keep the plaque for a year. The award was presented at the MVEDC’s annual “Lenders’ Appreciation Breakfast,” held at the Avalon Golf & Country club Squaw Creek. Huntington’s Dave Howard, vice president business banking and MVEDC’s “Lender of the Year,” accepted the first award for working with the economic development agency to review the most applications. Josh Toot,...

Tuesday, February 10, 2015

YOUNGSTOWN, Ohio -- The number of rigs drilling in Ohio's Utica shale continued to decline last week as producers scaled back exploration programs in the face of low oil and gas prices. The rig count dropped to 38 in the Utica during the week ended Feb. 7 compared to 40 in operation during the previous week. In early January, the rig count was as high as 53. The Ohio Department of Natural Resources last week issued 12 permits for horizontal wells, one of which is slated for Columbiana County. Houston-based Hilcorp Energy Co., the most active driller in the northern...

Tuesday, February 10, 2015

PITTSBURGH -- Gas prices are up 20 cents from a week ago in northeastern Ohio, but the average price is still down more than $1 from the price motorists were paying a year ago, AAA East Central’s Fuel Gauge report shows. This week, the average price of regular unleaded gasoline in the region is $2.244 per gallon, up from $2.045 the week of Feb. 2. Despite the recent climb, following a record 123 days of declining prices at the pump, drivers are paying $1.11 less per gallon than they were a year earlier. The average price of gas nationally for the week of Feb. 11, 201...

Tuesday, February 10, 2015

YOUNGSTOWN, Ohio – Revenue from video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course was down 6.2% in January compared to December, about twice as much as the statewide drop. In January, according to the Ohio Lottery Commission, which oversees VLT operations in the state, bettors played credits worth $64.6 million in January at the Austintown racino, down from $68.9 million in December. The racino opened in September. To date, wagers at Mahoning Valley have totaled $333.1 million. Penn National Gaming Inc. of Wyomissing, Pa., which operates the...

Tuesday, February 10, 2015

YOUNGSTOWN, Ohio -- Energy in Depth, a shale industry advocacy group, says Ohio is “leading the way on injection well regulations.” A post on the group’s website cites last week’s meeting in Trumbull County, home to the most Class II brine injection wells in Ohio -- 17 -- and credits “thoughtful leadership in Trumbull County.” Energy in Depth cites the work of geologist Michael Brudzinski and others, recently published in the Bulletin of the Seismological Society (READ RELATED STORY), that referenced the magnitude 2 earthquake Aug. 31 near the injection well in...

Tuesday, February 10, 2015

YOUNGSTOWN, Ohio -- Sales of new vehicles in the Mahoning Valley rose slightly in January as dealers sold 2,343 new cars and trucks, a 1.8% increase over January 2014, the Automobile Dealers Association of Eastern Ohio reported Monday. Combined sales of new and used vehicles rose 1.3% last month over a year earlier with 5,250 new and used cars and trucks leaving dealer showrooms and lots in Mahoning, Trumbull and Columbiana counties. The best-selling car was the Chevrolet Equinox as 149 left showrooms, a nearly 42% increase over January 2014. General Motors Co....

Tuesday, February 10, 2015

YOUNGSTOWN, Ohio – Youngstown CityScape will host a "Grass Roots Gala" recognizing First National Bank of Pennsylvania and Pete Asimakopoulos, its Youngstown market president, Feb. 26 at the D.D. and Velma Davis Center in Mill Creek MetroParks. A social will take place at 5:30 p.m. followed by the dinner at 6:30 p.m. Since 2010, Youngstown CityScape has awarded the Sweet Grass Roots Award to an individual who has "made significant personal and professional commitment to the organization’s mission of revitalizing downtown Youngstown," the group says. Asimakopoulos,...

Tuesday, February 10, 2015

FINDLAY, Ohio -- Marathon Pipe Line LLC and Ohio River Pipe Line LLC, divisions of MPLX LP, Monday announced the start of a binding open season to assess interest and solicit commitments from prospective shippers on the Cornerstone Pipeline and associated Utica Shale build-out projects. The binding open season provides shippers the opportunity to secure priority and non-priority transportation service on these pipelines. It began yesterday and concludes March 13. "The Cornerstone Pipeline and associated Utica Shale build-out projects will allow MPLX to provide...

Monday, February 9, 2015

Author:  George Nelson YOUNGSTOWN, Ohio -- Proposed legislation modeled on policies adopted by Youngstown State University and Eastern Gateway Community College would give military veterans priority in scheduling classes in colleges, universities and other post-secondary education programs.  At the Valley campus of Eastern Gateway this morning, U.S. Sen. Sherrod Brown, D-Ohio, announced he would introduce the legislation in the next couple of weeks to  give veterans and eligible dependents priority in scheduling at colleges,...

Monday, February 9, 2015

YOUNGSTOWN, Ohio -- The Western Reserve Health Foundation and the Western Reserve Health Foundation are welcoming grant proposals for "innovative programs" that serve health needs in Mahoning and Trumbull counties. The foundations, which are affiliates of the Community Foundation of the Mahoning Valley, have set deadlines of Friday, Feb. 27, for initial letters of inquiry. The required forms and more information about funding priorities are available at the WRHF and TMHF sections of the Community Foundation website. Those invited to submit full proposals will be...

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