Local News

Tuesday, February 2, 2016

YOUNGSTOWN, Ohio – Vallourec SA, the parent of pipe and tube manufacturer Vallourec Star, reports that it plans to cut more than 2,600 jobs and raise $1.08 billion in an effort to adjust to the slumping oil and gas market. However, Jean Gaetano, local spokeswoman for Vallourec Star, says the cuts won’t impact the operations […]

Tuesday, February 2, 2016

YOUNGSTOWN, Ohio – The number of new horizontal well permits issued by the Ohio Department of Natural Resources last week in the Utica shale increased substantially from the previous week, the agency says. ODNR reports it issued 14 permits for new oil and gas wells in Belmont, Harrison and Monroe counties during the week ended […]

Tuesday, February 2, 2016

YOUNGSTOWN, Ohio – The number of new horizontal well permits issued by the Ohio Department of Natural Resources last week in the Utica shale increased substantially from the previous week, the agency says. ODNR reports it issued 14 permits for new oil and gas wells in Belmont, Harrison and Monroe counties during the week ended […]

Tuesday, February 2, 2016

YOUNGSTOWN, Ohio – The Big Three automakers reported mixed January sales results this morning as Fiat Chrysler Automobiles and General Motors Co. posted gains, leaving Ford Motor Co. as the only American brand to have a drop in sales. General Motors’ sales were up 9% last month from a year ago with 203,745 cars, trucks […]

Tuesday, February 2, 2016

GROVE CITY, Pa. – Twenty-six Grove City College students are participating in the 2015-16 VentureLab, an early-stage business and social enterprise idea lab, sponsored by The Center for Entrepreneurship & Innovation at the College, which provides seed grants, coaching, mentorship, and guidance to student entrepreneurs. Twenty-four teams applied and made their case for funding to […]

Tuesday, February 2, 2016

WARREN, Ohio – More than 150 vacant buildings were torn down or renovated in Warren last year by the Trumbull Neighborhood Partnership, the group announced Monday in its annual report. In total, 108 houses were demolished, said executive director Matt Martin, and 44 families moved into rehabilitated houses. Private sources of funding paid for seven […]

Tuesday, February 2, 2016

WARREN, Ohio – More than 150 vacant buildings were torn down or renovated in Warren last year by the Trumbull Neighborhood Partnership, the group announced Monday in its annual report. In total, 108 houses were demolished, said executive director Matt Martin, and 44 families moved into rehabilitated houses. Private sources of funding paid for seven […]

Tuesday, February 2, 2016

YOUNGSTOWN, Ohio – The city has extended the deadline another 30 says for proposals to reopen the former Bottom Dollar Food store on Glenwood Avenue, the director of community planning and economic development said Monday. No proposals were submitted for the vacant building by noon yesterday. So the city issued a news release announcing the […]

Tuesday, February 2, 2016

YOUNGSTOWN, Ohio – The Youngstown Initiative Committee approved a $50,000 performance grant Monday afternoon for VXI Global Solutions Inc. to make improvements to its offices in 20 Federal Place. The money will help fund $249,839.52 in upgrades that VXI has committed to the offices, said Tom DeAngelo, economic development coordinator. The grant draws down on […]

Tuesday, February 2, 2016

SALEM, Ohio – A Chicago investment firm has acquired a longtime manufacturer here and plans to expand its business, officers say. Hunt Valve Inc., which has operated here nearly 100 years, was acquired by May River Capital in mid-November, the company announced Monday. Terms were not disclosed. Brad Sterner, the new president and CEO of […]

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