Local News

Thursday, June 26, 2014

YOUNGSTOWN, Ohio -- Foreclosure rates in Youngstown-Warren-Boardman decreased for the month of April over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Youngstown-Warren-Boardman area foreclosures among outstanding mortgage loans was 2.60% for the month of April, a decrease of 1.33 percentage points compared to April 2013 when the rate was 3.93%. Still, Foreclosure activity in Youngstown-Warren-Boardman was higher than the national foreclosure rate, which was 1.77% for April 2014. Also in...

Thursday, June 26, 2014

CLEVELAND -- Just 11% of Cleveland-area technology executives expect to expand their information-technology teams in the second half of this year, finds a Robert Half survey released Wednesday. That's down from 12% from the January-June survey. In addition, 75% plan to hire only for open IT slots, 12% plan to put hiring plans on hold, and 1% expect to reduce IT staff between July 1 and Dec, 31, according to the Robert Half Technology IT Hiring Forecase and Local Trend Report. In the same survey, 91% of Cleveland-area chief information officers described themselves as...

Thursday, June 26, 2014

Author:  Dennis LaRue YOUNGSTOWN, Ohio -- Strollo Architects is in discussions with three banks on how it would finance the rehabilitation of the Wells Building on West Federal Street, where it hopes to move its offices, the board of the downtown CIC learned Wednesday. The banks were not identified but CIC board member Pete Asimakopoulos, executive vice president for small-business banking at First National Bank of Pennsylvania and its Youngstown market manager, absented himself from that item on the agenda. This suggests...

Thursday, June 26, 2014

ASHTABULA, Ohio – The industrial base of Ashtabula County got two shots in the arm Wednesday with announcements that Ashta Chemicals Inc. plans to invest $60 million to upgrade its plant here and that Velocys plc, a British company, has acquired Pinto Energy LLC and will take over its $200 million gas-to-liquids project planned for the lakeshore. Ashta Chemicals manufactures and markets chlorine and potassium-based chemicals used by the oil and gas industry and to make liquid fertilizers, food products, pharmaceuticals and industrial cleaners. The plant upgrade will...

Thursday, June 26, 2014

Author:  Dan O'Brien WARREN, Ohio -- Two federal lawmakers are urging the Public Utilities Commission of Ohio to give Warren Steel Holdings "all due consideration" in its request for a reduction in electricity rates, saying that a plant closing would be "devastating" for the community. In a letter drafted June 20 to PUCO Chairman Tom Johnson, U.S. Rep. Tim Ryan, D-13 Ohio, and U.S. Sen. Sherrod Brown, D-Ohio, emphasized that hundreds of jobs in Warren would be affected should the operation close. "A plant closure would be devastating...

Thursday, June 26, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- Despite a harsh winter and rainy spring, more new houses have been built in the Mahoning Valley so far this year than at this point a year ago. How rough was last winter? “I put 500-gallon propane tanks at four houses and in a month and a week, my bill was $10,000 – for heating the houses so their foundations wouldn’t crack,” says Bill Clipse, owner of Meander Homes Construction Inc., Austintown “You can build all year. It’s just a matter of you have to pick and choose [the days you work].”...

Thursday, June 26, 2014

CANFIELD, Ohio -- Gem-Young Insurance & Financial Services Inc. is taking on new roles, Leo Daprile, company president, announced Wednesday. Effective July 1, its financial services arm becomes a wealth advisory firm and the insurance side becomes a risk management firm. Both businesses will remain under the same roof on Starr’s Centre Drive here. Gem-Young Wealth Advisors LLC is a registered investment adviser, which means as a registered investment adviser it is legally bound to work in its clients’ best interests. Such an adviser must ensure that each...

Thursday, June 26, 2014

YOUNGSTOWN, Ohio -- Between June 30 and July 2, Facebook’s Small Business Boost will blitz northeastern, central and eastern Ohio to teach small-business owners how to use social media to boost their sales. One event, sponsored by the Youngstown/Warren Regional Chamber, is scheduled for 9 to 10:30 a.m. July 1 in Canfield. The Canfield session will be held at the Joyce Brooks Conference Center in the Mahoning County Career and Technical Center, where U.S. Reps. Bill Johnson and Tim Ryan, R-6 Ohio and D-13 Ohio respectively, will greet participants. Particpants will...

Wednesday, June 25, 2014

CANFIELD, Ohio -- Light instrumental music wafts through this newly listed house on Montereale Drive, the setting for an open house June 11 to showcase the upscale property for real estate agents. The spacious, 5,444-square-foot contemporary house, built in 2000, has six bedrooms, 14-foot ceilings, a custom kitchen, a finished basement with media room and exercise room, a full-house stereo system and a three-car heated garage. It’s been shown seven times since Celeste Kasten listed it three weeks ago, she says. “I’ve had quite a few agents come back for a second...

Wednesday, June 25, 2014

YOUNGSTOWN, Ohio -- Tod Homestead Cemetery is constructing a new columbarium memorial garden, a $700,000 investment to accommodate the growing practice of cremation.  The two-acre feature is designed as a “place for repose and reflection,” states an announcement from the cemetery’s governing body. It will include a fountain, landscaping, walkways and 10 low-profile structures with a total of 960 spaces for cremation remains. Completion is scheduled for this fall. “We are very pleased to be in a position to make this important investment,” said Sallie Tod Dutton,...

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