Company News

Cruze Regains Top Spot in Valley Auto Sales

YOUNGSTOWN, Ohio – Sales of new and used cars in the Mahoning Valley fell 5.4% in January, according to data from the Greater Cleveland Automobile Dealers’ Association, with 4,174 vehicles delivered locally last month. Most of the loss was in the sales of used vehicles, the monthly report showed, as new car sales fell to […]

ADI, Airport Respond to Latest Objections

VIENNA TOWNSHIP, Ohio – Aerodynamics Inc. characterized as meritless two objections filed last week against the order allowing it to provide service to Youngstown-Warren Regional Airport and urged the U.S. Department of Transportation to reject both. ADI, purchased last year by John and Janet Beardsley, sought the certification to permit it to provided scheduled daily […]

VLT Revenues, Winnings, Rise at Racino

YOUNGSTOWN, Ohio – Revenues and winnings were up for the second month in a row on video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course in Austintown, even as VLT revenues dipped statewide last month. In January, credits played totaled $78.7 million and credits won more than $69.9 million. Net win was $8.0 […]

SeaPort, Owned by ADI’s Beardsley, Files Chapter 11

YOUNGSTOWN, Ohio – SeaPort Airlines Inc., a passenger carrier based in Portland, Ore., that’s owned by John Beardsley, has filed Chapter 11 bankruptcy, seeking  relief from more than 200 creditors who collectively are owed as much as $10 million. Beardsley is the CEO of SeaPort and the owner of Aerodynamics Inc., the passenger carrier that […]

2 More Objections Cast Doubt on ADI’s Reliability

VIENNA TOWNSHIP, Ohio – Two more companies filed objections last week to the U.S. Department of Transportation’s order granting Aerodynamics Inc. authority to provide daily scheduled passenger service between O’Hare International Airport in Chicago and the Youngstown-Warren Regional airport here. The two companies – Sun Air Express and JA Flight Services LLC – filed their […]

Parker Hannifin Issues Plant’s Final WARN Notice

YOUNGSTOWN, Ohio – The final official notice that Parker Hannifin will close its Gear Pump plant at 2701 Intertech Drive has been received the Ohio Department of Job & Family Services. The WARN notice, required by the Workers Adjustment and Retaining Notification Act, also was addressed to the mayor of Youngstown, which Parker Hannifin’s letter, […]

Another Carrier Raises Objection to ADI’s Certificate

VIENNA TOWNSHIP, Ohio — Less than a week after federal regulators approved Aerodynamics Inc.’s request to provide service to Youngstown-Warren Regional Airport, another carrier has cme forward with an objection to the approval. Executive Express Aviation LLC filed the objection Wednesday to the U.S. Department of Transportation’s Jan. 28 issuance of its order awarding a […]

Penn National Reports 2015 Profits of $2.8B

WYOMISSING, Pa. — Penn National Gaming Inc. had net income of $734.0 million for the fourth quarter and $2.8 billion for 2015, the company reported this morning. Penn National, which operates the Hollywood Gaming at Mahoning Valley Race Course in Austintown, Ohio, also reported adjusted earnings of $206.2 million for the fourth quarter and $795.7 […]

Downtown Avalon Pizzeria Closes Suddenly

YOUNGSTOWN, Ohio – Lunchtime patrons of the Avalon Downtown pizza shop today were greeted with a sign that West Federal Street restaurant was closed. Behind the locked doors was a sign that simply stated, “CLOSED THANK YOU.” Above the lock on each door was a sign stating “Massulo Prop.” had changed the locks. On the […]


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