Banking & Finance

Investor Accuses Warren Steel Holdings of Fraud

WARREN, Ohio – An investor in Warren Steel Holdings LLC alleges the principals have swindled him of millions of dollars that he put up as seed money to buy the former Copperweld Steel Co. mill in Champion. In Trumbull County Common Pleas Court Monday, Vadim Shulman of the nation of Monaco filed the complaint that […]

Cyprium Makes Mezzanine Investment in B.J. Alan

CLEVELAND — Cyprium Partners, a non-control private equity firm, announced Wednesday its “new sponsorless mezzanine investment” in B.J. Alan Co.,  the Warren-based operator of more than 70 Phantom Fireworks showrooms in 17 states. The capital was used to refinance existing indebtedness and to fund continued growth, Cyprium said. Terms were not disclosed. Bruce Zoldan, CEO […]

Klacik Real Estate Reports $19.7M in 2014 Sales

POLAND, Ohio — Klacik Real Estate, one of the largest independent real estate agencies in the Mahoning Valley, reports the company sold properties valued at a combined $19.7 million as a result of 237 real estate transactions in 2014. “Our sales people did an exceptional job in 2014,” says Michael D. Klacik, broker. The company […]

George P. Millich Jr. Joins Farmers Trust Co.

BOARDMAN, Ohio – George P. Millich Jr., president-elect of the Mahoning County Bar Association, has joined the Farmers Trust Co. as a vice president, trust officer and personal trust administrator, Joseph DePascale, announced Monday. DePascale is president of Farmers Trust. Millich practiced tax law and estate planning at Harrington, Hoppe & Mitchell LTD, Youngstown, before […]

Business Advisers Share Success, Horror Stories

YOUNGSTOWN, Ohio — Shannon Shugart, a yoga enthusiast 20 years, owns and operates PurYoga, a yoga studio on U.S. Route 224 in Boardman that opened in January. A year ago, her business was just a dream. “I knew what I wanted but I didn’t know how to go about it,” she says. A good friend […]

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