Local News

Saturday, November 8, 2014

MONACA, Pa. -- Royal Dutch Shell has exercised its option to purchase the former Horsehead Holding Corp. site here, a signal that the giant energy company is moving closer to building a multibillion-dollar ethane cracker plant. Even so, Shell said that just because the company purchased the land doesn't mean it's made a decision on whether to proceed with the project. “This is a good decision but it does not mean that we have [made] the investment decision to proceed with the project,” Ate Visser, the vice president with Shell Chemical, according to published reports...

Friday, November 7, 2014

Author:  George Nelson YOUNGSTOWN, Ohio – Bettors at Hollywood Gaming at Mahoning Valley Race Course in Austintown wagered $79.8 million in cash and credits during October, the racino’s first full month of operations, the Ohio Lottery Commission reported this afternoon. According to the commission, which posted the monthly video lottery terminal report on its website, patrons won $70.0 million in credits and received $259,212 in promotional play credits for a net win of $8.6 million in October. Of that net win figure, the commission...

Friday, November 7, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- CHCC Health Care Centers Inc. says it will cease operating Campus Health Care Center, 196 Colonial Drive, and its Cedarcreek Health Care Center, 4121 Tod Avenue NW in Warren, by Dec. 31, potentially idling a combined 156 employees. “The company has recently notified the landlord of the Campus facility that it will be turning over the facility back to the landlord on January 1, 2015,” states the letter to Campus employees, a copy of which was obtained by The Business Journal. “It is our...

Friday, November 7, 2014

Author:  Josh Medore YOUNGSTOWN, Ohio -- CHCC Health Care Centers Inc. is closing its Campus Health Care Center, 196 Colonial Drive, and its Cedarcreek Health Care Center, 4121 Tod Avenue NW in Warren, idling a combined 156 employees. The closings will be completed by Dec. 31, according to a letter from the company to its employees, and official notices provided to the Ohio Department of Jobs and Family Services as required by the federal “plant closing” law. “The company has recently notified the landlord of the Campus facility that...

Friday, November 7, 2014

WASHINGTON -- The U.S. Small Business Administration 7(a) Loan Program reached another lending record in fiscal 2014, the agency announced Thursday. By the end of the fiscal year (Sept. 30), SBA had approved 52,044 7(a) loans for $19.19 billion, an increase of 12% in number loans and 7.4% in dollar amount over fiscal 2013. In the SBA's northern Ohio district, loan volume reached a seven year high, with a 31% in the number of loans over fiscal 2013. Gil Goldberg, district director of the SBA's Cleveland District, said his office helped 1,909 small business obtain...

Friday, November 7, 2014

Author:  George Nelson HERMITAGE, Pa. -- The Shenango Valley Chamber of Commerce, capping off a year in which it studied social service organizations, last night recognized Michael Wright, president and CEO of the Shenango Valley Urban League, as its Person of the Year. Wright is “a shining example of that kind of commitment to making this a better place to be,” said Robert McCracken, executive director of the Shenango Valley Chamber. The chamber held its annual meeting at the Avalon Golf & Country Club @ Buhl Park. “I was...

Friday, November 7, 2014

Author:  Josh Medore VIENNA TOWNSHIP, Ohio -- Board members of the Western Reserve Port Authority joined personnel from the Youngstown/Warren Regional Airport Thursday evening to open the second Tee hangar to house single-engine aircraft. Construction began after the first of the three planned Tee hangars was completed about three years ago. “We had site remediation to start with. This was a dumpsite at one point. We had to clean that up,” Jack Sullivan began. “We used airport funds to build the hangar. We had to commit to the...

Friday, November 7, 2014

YOUNGSTOWN, Ohio -- Nearly 100 public officials, teachers, counselors, agency officials, social workers and others who work with at-risk children gathered Thursday today for a day-long session of information and inspiration. “Innovations: Evolving Approaches to Youth Development” was presented at the D.D. and Velma Davis Education & Visitor Center of Mill Creek MetroParks by the William Swanston Charitable Fund, which works to improve the lives of at-risk children in the Mahoning Valley. Leading strategies for working with children were showcased. Participants...

Friday, November 7, 2014

COLUMBUS, Ohio -- Huntington Bank has introduced two new checking accounts that pay interest, Huntington 5 Checking and Huntington 25 Checking. Mary Navarro, retail and business banking director, announced the new products Thursday. To qualify for the Huntington 5 account, “Customers should have at least $5,000 in total relationship balances,” the bank said, to avoid a monthly maintenance fee. For the Huntington 25, the minimum is $25,000. “These total relationship balances can be an aggregated summation of the customer’s checking, savings, money market, certificates...

Friday, November 7, 2014

NEW YORK -- U.S. households plan to spend an average of $538 on gifts this holiday season, up slightly from $528 last year, the Conference Board said Thursday. Eight percent of consumers say they plan to spend more this year on holiday gifts, while 32% plan to spend less. The remaining 60% plan to spend about the same as last year. About one in three holiday shoppers say they expect more than half of their purchases will be on sale or discounted. An increasing number will click to shop online. Nearly seven in 10 expect to purchase at least some of their holiday gifts...

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