Local News

Thursday, July 24, 2014

Author:  Dennis LaRue YOUNGSTOWN, Ohio – Can success be coached? A small contingent of retired successful businessmen and women would bet the titles to their houses it can. At the Youngstown chapter of Score’s “Annual Salute to Small-Business Success!” luncheon Wednesday, they honored seven of the successes for which they acted as midwives over the last two years. Score, formerly the Service Corps of Retired Executives, was founded in 1965, one year after the national organization was formed. Terry Deiderick, then a professor of...

Thursday, July 24, 2014

COLUMBUS, Ohio -- The Ohio Bureau of Workers’ Compensation reports it has reached an agreement in principle to settle the San Allen class-action lawsuit filed in 2007 again the state over BWC pricing policies in place from 2001 to 2008. The settlement includes BWC creating a $420 million fund to pay for claims to employers participating in the lawsuit, their attorney fees, court costs and the costs of administering the fund. The agreement in principle was announced Wednesday. If the court gives its preliminary approval to the settlement agreement, class members will...

Thursday, July 24, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- The affiliates of Habitat for Humanity in Mahoning and Trumbull counties will merge within the next two to six months, says Monica Craven, executive director of Habitat for Humanity of Mahoning County. “The Mahoning County Habitat has had a lot of success with homebuilding. Trumbull has been an all-volunteer operation that's struggled to build as many houses or serve as many families,” she explains. “We came together and talked about how we might do better together than separately.” Craven...

Wednesday, July 23, 2014

Author:  Dan O'Brien WARREN, Ohio -- The Public Utilities Commission of Ohio approved Wednesday a "unique arrangement" that will result in reduced electric rates for struggling producer Warren Steel Holdings LLC and allow that mill to reopen, according to documents. Warren Steel submitted an application for reduced electricity rates June 4, contending that it was paying higher rates than its out-of-state competitors and causing it to lose business. The company shuttered its plant on Mahoning Avenue in late March, but hasn't placed any...

Wednesday, July 23, 2014

YOUNGSTOWN, Ohio -- The Schwebel Baking Co. announced shortly before 4 p.m. today that an "independent, certified lab" confirmed earlier today that the species of listeria found in its plant here does not pose a risk to public heallth. “Full production at the Youngstown facility is expected to resume within 24 hours,” said the company's president, Paul Schwebel. “We remain focused on consumer safety. That goal guides our current efforts to get our Youngstown bakery back online and will allow us to produce our full range ofproducts for our loyal customers.” Production...

Wednesday, July 23, 2014

The Schwebel Baking Co. announced shortly before 4 p.m. today that an "independent, certified lab" confirmed earlier today that the species of listeria found in its plant here does not pose a risk to public heallth. “Full production at the Youngstown facility is expected to resume within 24 hours,” said the company's president, Paul Schwebel. “We remain focused on consumer safety. That goal guides our current efforts to get our Youngstown bakery back online and will allow us to produce our full range ofproducts for our loyal customers.” Production at the bakery was...

Wednesday, July 23, 2014

Author:  Dan O'Brien VIENNA, Ohio -- As it stands, the Board of Mahoning County Commissioners will not pull its funding for the Western Reserve Port Authority at its meeting tomorrow, say officials. "That's not even an option at this point," Mahoning County Commissioner Anthony Traficanti said after the port authority's regular meeting Wednesday morning. "This airport depends upon that money, the air base depends upon that money." Members of the port authority convened a one-hour executive session with Traficanti and fellow Mahoning...

Wednesday, July 23, 2014

BRAMPTON, Ont. – Matalco Inc. this afternoon officially confirmed that it is constructing a 200,000-square-foot manufacturing plant in Lordstown, Ohio. On Monday the company had emailed invitations to a Sept. 17 ground breaking, the first indication that it had decided to move forward on the project (READ STORY). Shortly after noon today, the Youngstown/Warren Regional Chamber sent media organizations a news release with shared letterhead formally announcing the project. Matalco, a member of the Giampaolo Group, will spend more than $100 million to construct and...

Wednesday, July 23, 2014

COLUMBUS, Ohio -- The cost of equipping K-through 12 public school students for the 2014-2015 school year has jumped as much as 20% this year. That's one of the largest year-over-year increases in the eight-year history of the annual Huntington Backpack Index. While the cost for supplies and school activities continues to climb for families, average hourly nonfarm payroll earnings rose just 2.05% between May 2013 and May 2014, according to the Bureau of Labor Statistics. The increases in back-to-school costs also far outpaced the Consumer Price Index, which rose 2.1...

Wednesday, July 23, 2014

YOUNGSTOWN, Ohio -- United Community Financial Corp., holding company of the Home Savings and Loan Co., Tuesday reported net income of $42.4 million for the quarter ended June 30, or 84 cents a share, and that its directors declared a penny per common share cash dividend. The dividend is payable Aug. 15 to shareholders of record Aug. 1. It is the first cash dividend the company has declared since 2008. In a prepared statement, the president and CEO of UCFC, Gary M. Small, noted, “The dividend reflects a payout ratio of normalized annual earnings.” The net income...

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