Local News

Thursday, August 14, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Rex Energy Corp., a company reaping strong returns in the southern tier of the Utica shale, is now training its sites on the northern portion of the play. The State College, Pa.-based company announced Tuesday that it is acquiring 208,000 leasehold acres from SWEPI LP, a subsidiary of Royal Dutch Shell, in a $120 million cash deal that includes positions in Mahoning and Columbiana counties. The deal also calls for Rex to acquire SWEPI leaseholds in Armstrong, Beaver, Butler, Lawrence, Mercer...

Thursday, August 14, 2014

YOUNGSTOWN, Ohio -- The Mahoning Valley Chapter of Empowering Women is presenting a special luncheon program Sept. 8 from noon to 1:30 pm at the Davis Family YMCA in Boardman. Entitled “Women Inspiring Women,” the program will feature presentations by Gina Pastella of VEC Inc., who is a director of strategic engagement and leadership coach; Melinda Givens of Compass Family & Community Services; and Greg Smith, chairman of the board of Compco Industries. Those wishing to attend can register online at YoungstownYMCA.org and click on ‘Empowering Women’ under news...

Thursday, August 14, 2014

YOUNGSTOWN, Ohio -- Auto dealers in the Mahoning Valley saw sales of new cars and trucks climb 15.7% in July compared to the same month last year, according to the Automobile Dealers Association of Eastern Ohio's latest report. ADEAO's monthly report shows dealers in Mahoning, Trumbull and Columbiana counties sold 3,090 new vehicles during the month versus 2,669 sold in July 2013. The top-selling new model in the three-county region was the Chevrolet Cruze, built at General Motors Co.'s Lordstown complex. Dealers reported they sold 107 new Cruze models last month....

Thursday, August 14, 2014

WARREN, Ohio -- Avalon Holdings Corp., headquartered in Howland Township, Wednesday reported a second-quarter net loss of $100,000, or three cents per share. This compares with net income of $500,000, or 12 cents per share, for the same quarter a year ago. Net operating revenues were $13 million compared with $15.7 million for the quarter ended June 30, 2013. For the first half of 2014, net operating revenues were  $23.0 million compared with $30.4 million the same period of 2013.  The company recorded a net loss of $800,000, or 21 cents per share, for the first six...

Wednesday, August 13, 2014

Author:  Michael Moliterno CLEVELAND -- When Rebecca Bagley became president and CEO of NorTech five years ago, she saw her role as ensuring that northeastern Ohio didn’t miss out in the next technology economy. “When I was coming in to interview, I got picked up by a driver,” she remembers. “And he was telling me how down and out he was and how this was such a bad place to live.” That was 2009. As a candidate to lead NorTech, a nonprofit formed 15 years ago to articulate a regional vision, she empathized with the driver. Like a...

Wednesday, August 13, 2014

YOUNGSTOWN, Ohio -- The Western Reserve Health Foundation, which awards grants to programs that meet health needs in Mahoning County, is inviting proposals to consider for funding later this year. WRHF Chairman Phillip Dennison, principal at Packer Thomas & Co., said the foundation has the potential to award up to $500,000 in grants in December. But its decisions will be based on the quality of proposals submitted. “We are very excited about selecting the best plans for funding through our competitive proposal process,” Dennison said. “The needs are enormous, but we are fortunate to have...

Wednesday, August 13, 2014

HOUSTON -- Columbia Pipeline Group Tuesday announced it would $1.75 billion in infrastructure that include two significant projects, one of which is construction by Columbia Transmission of a new natural gas pipeline in Ohio and West Virginia. Columbia Pipeline Group is a unit of NiSource Inc. The pipeline would enhance Columbia’s infrastructure in place and support natural gas supply development in western Pennsylvania, northern West Virginia and eastern Ohio. The project will enable Columbia to transport up to 1.5 billion cubic feet of natural gas per day from the...

Wednesday, August 13, 2014

YOUNGSTOWN, Ohio -- The Ohio Department of Natural Resources reports that more than 1,000 wells have been drilled in the Utica shale within eastern Ohio. Since 2010, 1004 horizontal wells have been drilled in the Utica as of Aug. 9, surpassing the 1,000-mark for the first time. Of that number, 495 wells are listed as producing, ODNR reported Tuesday. Last week ODNR issued nine new horizontal well permits for oil and gas exploration in the Utica, eight of which are for wells in Londonderry Township in Guernsey County. Three permits were awarded to American Energy...

Wednesday, August 13, 2014

WASHINGTON -- Natural gas production from the Utica shale within Ohio is expected to increase tenfold from 155 million cubic feet a day in January 2012 to a projected 1.3 billion cubic feet per day by next month, according to a newly released report from the U.S. Energy Information Administration. The EIA included Utica results for the first time in its monthly drilling productivity report. According to the report, the Utica is "one of the fastest growing natural gas production areas of the United States" as evidenced by increased drilling productivity and drilling...

Wednesday, August 13, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- What once was a dingy beige building at 2905 Glenwood Ave. that nearly blended in with those surrounding it now stands out. You can’t miss it. That’s because The Sherwin-Williams Co., a Fortune 500 company based in Cleveland, provided 39 gallons of bright green, orange and yellow paint -- and the tools to apply it -- to the Youngstown Neighborhood Development Corp. and Green Youngstown.  As part of Sherwin-Williams' National Painting Week, Lillian DeFrance's building -- it houses her restaurant...

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