Local News

Wednesday, September 17, 2014

YOUNGSTOWN, Ohio -- Today will mark the culmination of one long-anticipated development project in the Mahoning Valley and the launch of another. At 2 p.m., Lt. Gov. Mary Taylor will join area officeholders and company officials in Lordstown to break ground at the 31.2-acre site where Matalco Inc. will build a $125 million remelt aluminum billet manufacturing plan. The event follows today’s official opening of the long-awaited Hollywood Gaming at Mahoning Valley Race Course. At noon, the Austintown racino will open its doors to the public. A 10 a.m. ribbon cutting is...

Wednesday, September 17, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- The state's chief geologist says that the future of oil and gas exploration across Ohio might rest with improved technology and other shale plays that appear to have the same sort of rich organic content as the Utica/Point Pleasant shale, today a focal point of the industry. "We're investigating the Rhinestreet shale and the Huron shale," said Tom Serenko, Ohio state geologist, Tuesday. "If you look at the cores, you see the similarities to the Point Pleasant. We're dealing with very dark,...

Wednesday, September 17, 2014

Author:  George Nelson NEW CASTLE, Pa. -- Early 2015 is the anticipated timeframe for completing Jameson Health System’s merger with the University of Pittsburgh Medical Center, says Steve Warner, chairman of Jthe ameson board of directors. The letter of intent announced Tuesday (READ STORY) begins the due diligence process, which is expected to take 60 to 90 days, leading to a definitive agreement both Jameson’s and UPMC’s boards would have to approve, he said. “Since early on in all of our discussions, it’s been clear everyone wants...

Wednesday, September 17, 2014

WEST MIDDLESEX, Pa. -- Tire Review Magazine has named Flynn’s Tire & Auto Service the "top shop" in North America. The award is based on customer service and retention, training and education, merchandising and promotion, professional standards and conduct, innovation, appearance, business management, community involvement and business growth. Presented by Ammco/Coats, the award honors the "best of the best" independent tire dealers in the United States and Canada, according to Jim Smith, magazine editor. "What could be better than having one of the most...

Wednesday, September 17, 2014

COLUMBUS, Ohio -- A total of 7,545 new entities filed to do business in Ohio in August. This is an increase compared to August 2013, in which 7,094 new entities filed with the Secretary of State. To date, the office has assisted with 63,721 new business filings (January-August), according to Jon Husted, secretary of state. For the same period last year, there were  62,323 new business filings. During the previous two years, 2012 and 2013, the state saw a record-setting number of new businesses file with 88,068 and 89,735 new companies filing to do business in Ohio,...

Tuesday, September 16, 2014

Author:  Dan O'Brien YOUNGSTOWN, Ohio -- Anyone who doubts that companies in the Mahoning Valley could achieve world-class status need only look to the Youngstown Business Incubator. Tuesday morning, the research outfit University Business Incubator Index, based in Stockholm, Sweden, announced that the organization has ranked the YBI as the No. 1 university-affiliated business incubator in the world. “The one thing that I really hope this award does is put the nail in the coffin at the disbelief that has sometimes held this community...

Tuesday, September 16, 2014

ROOTSTOWN, Ohio – Northeast Ohio Medical University now houses the Timken Foundation of Canton Innovation Corridor, part of the school’s REDIzone (Research, Entrepreneurship, Discovery and Innovation Zone) at its campus here. The ribbon was cut Sept. 15 as key business leaders, local legislators, start-up companies and university researchers gathered for the official opening of the Timken Corridor. Its mission is to house early-stage biomedical companies so they can take advantage of NEOMED services and resources.. These include mentorship from faculty and...

Tuesday, September 16, 2014

YOUNGSTOWN, Ohio -- The Youngstown Business Incubator this morning was named the No. 1 university affiliated business incubator in the world. The announcement was made shortly after 10 this morning. Ali Amin, CEO of the UBI Index, traveled from Stockholm, Sweden, to make the announcement. Jim Cossler, CEO and "chief evangelist" of the YBI, said in an email circulated to YBI contacts, "We're completely speechless. Other than to say, to each and every single one of you who helped YBI achieve this incredible global recognition, we sincerely thank you from the bottom of...

Tuesday, September 16, 2014

NEW CASTLE, Pa. -- The boards of directors of Jameson Health System and UPMC today announced they have signed a nonbinding letter of intent to merge Jameson into the UPMC network. Jameson, UPMC, and UPMC Horizon will collaborate to develop a plan that will ensure continued access to quality health care for the region, the hospitals said. “Earlier this year, we shared with our community that Jameson Health System’s board of directors has been exploring affiliation with a larger health care system,” said Steve Warner, Jameson Health System board chairman, in a prepared...

Tuesday, September 16, 2014

Author:  George Nelson LIBERTY TOWNSHIP, Ohio -- One of the challenges Ohio faces in boosting contract participation by minority-owned companies is finding qualified businesses in specific categories where there are needs, says the state’s minority business chief. During the last fiscal year, 282 minority businesses provided goods and services to Ohio, “but we think that number should be much higher,” said Jackie Williams, chief of the minority business development division within the Ohio Development Services Agency. Williams was...

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