Local News

Thursday, August 7, 2014

NORTH JACKSON, Ohio -- An early November opening is planned for the Antonine Sisters’ new $9 million assisted living and memory care center that will complement their 23-year-old adult day care facility. B&B Construction of Youngstown is serving as general contractor for Antonine Village, construction of which is nearing completion at 2675 N. Lipkey Road. K. Anthony Hayek of MS Consultants of Youngstown is the architect. Built around a secure courtyard, the campus will include 50 apartments, including 21 for adults with memory impairment and 29 for assisted...

Thursday, August 7, 2014

YOUNGSTOWN, Ohio -- Hilcorp Energy Co. continues to place emphasis on developing the northern tier of the Utica shale in Pennsylvania, as evidenced by the Pennsylvania Department of Environmental Protection issuing two new horizontal well permits to the company last week. The DEP awarded Hilcorp permits to drill new wells in Pulaski Township at the Artman North pad. The company has several other producing wells and well pads under development in this section of the county. Across the state line in Ohio, energy exploration companies are busy concentrating on drilling...

Thursday, August 7, 2014

TROY, Mich. -- Talmer Bancorp Inc., holding company of Talmer Bank and Trust, Wednesday reported second-quarter net income of $20.61 million, or 27 cents per diluted common share. This compares to first-quarter net income of $36.41 million, or 50 cents a share, and second-quarter 2013 income of $15.01 million, or 21 cents a share. Talmer noted its first-quarter net income was revised to reflect the impact of adjustments to the acquisition-date fair value of certain assets and liabilities during that period. Those adjustments increased the net income for that period...

Thursday, August 7, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- Tourism activity in Mahoning and Trumbull counties accounted for a quarter of the $4.1 billion in tourism revenue generated in Ohio’s 32 Appalachian counties last year, the state’s director of tourism told convention bureau directors. Mary Cusick, speaking Wednesday before a meeting of Ohio’s Appalachian County group at the Butler Institute of American Art, said Mahoning County generated 15% of the dollars spent on tourism-related activities in the 32-county region. Clermont County accounted...

Wednesday, August 6, 2014

LORDSTOWN, Ohio -- The welcome sign is up on the perimeter of the Ohio Commerce Park at the 31.2-acre site where Matalco Inc. plans to build what is now a $125 million remelt aluminum billet manufacturing plant. The sale of the land was completed Tuesday, reports Chuck Joseph of Routh-Hurlbert Co., Warren. Routh-Hurlbert co-brokered the deal with the Akron office of CBRE. Matalco paid $690,000 for the property, according to Joseph. The seller was Stirongo Lordstown LLC, the entity that owns the Ohio Commerce Park. Joseph credits his co-worker, Dan Crouse, for making...

Wednesday, August 6, 2014

YOUNGSTOWN, Ohio -- Penn National Gaming Inc. set Sept. 17 as the opening date of the new Hollywood Gaming at Mahoning Valley Race Course, pending final regulatory approval, the company announced Wednesday. The grand opening is the first of two Penn National, based in Wyomissing, Pa., will celebrate for the new entertainment venue in Austintown. The second will take place Nov. 24, when thoroughbred racing begins on the new one-mile all-weather racetrack. Once its doors open Sept. 17, Hollywood Gaming will be open 24 hours a day, seven days a week. The $250 million...

Wednesday, August 6, 2014

OKLAHOMA CITY -- Chesapeake Energy Corp., the most prolific driller in eastern Ohio's Utica shale, today reported that oil and gas production from its wells in the play increased 373% during the second quarter versus the same period last year. Increased production has also led to more capacity at UEO Buckeye's Kensington cryogenic plant in Columbiana County. Chesapeake, a major customer of the Kensington plant, reports that the third phase of the processing facility was finished in June. "This incremental capacity will enable the company to connect more Utica wells...

Wednesday, August 6, 2014

Author:  Josh Medore BOARDMAN, Ohio -- While the Youngstown Metropolitan Statistical Area economy is recovering from the Great Recession, its rate of recovery is slower than the U.S. economy, a senior regional analyst with the Federal Reserve Bank of Cleveland said here Tuesday. The analyst, Guhan Venkatu is a vice president at the Pittsburgh branch of Cleveland Fed and he offered his findings to the Youngstown/Warren Regional Chamber at Mr. Anthony’s. “We've actually seen growth in the Youngstown economy and the Youngstown metro area...

Wednesday, August 6, 2014

Author:  George Nelson YOUNGSTOWN, Ohio -- Commissioners in Mahoning and Trumbull counties say they no longer plan to dissolve the Western Reserve Port Authority. Instead, the port authority's board of directors is expected to discuss hiring an interim executive director before seeking a full-time replacement. Commissioners from both counties, who met nearly four hours Tuesday behind closed doors, say they are satisfied with the direction the port authority is headed and intend to fill the vacancies created earlier this year when...

Wednesday, August 6, 2014

YOUNGSTOWN, Ohio -- Community Health Systems Inc., which operates four hospitals in the Mahoning and Shenango valleys, has entered into a settlement agreement with the U.S. Department of Justice to resolve the federal investigation into short stay admissions through emergency departments at some of its affiliated hospitals. In 2011, the government began in investigating whether 119 CHS hospitals -- none of them operating locally -- billed Medicare, Medicaid and TRICARE for certain inpatient admissions from January 2005 to December 2010 that the government believed...

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