Company News

Big Energy, Little Energy Brace for Legislative Showdown

YOUNGSTOWN, Ohio — Executives and organizations that support the development of independent energy production are calling two bills introduced in the Ohio General Assembly nothing less than a $5 billion bailout for utility giant FirstEnergy Corp. that will saddle residents with higher energy costs. FirstEnergy says the bills, collectively called the Zero Emissions Nuclear Resource […]

Vallourec Posts $137M Loss for First Quarter

BOULOGNE-BILLANCOURT, France – Vallourec, the parent of Youngstown tube manufacturer Vallourec Star, posted a first-quarter net loss of $137 million, mainly because of low pricing, higher material costs and a weaker customer mix in the European market, the company said Wednesday. This compares to a net loss of $308.9 million the year-ago quarter. “Our financial […]

Mercy Health Awarded $70K for Simulation Equipment

YOUNGSTOWN, Ohio – Mercy Health Youngstown will purchase new medical simulation equipment thanks to a $70,000 grant from the Appalachian Regional Commission, along with a matching donation from the Mercy Health Foundation. The machines will allow the hospital system to expand clinical training for physicians, dentists, nurses, medical students and other staff. In addition, the […]

Movie Production Company Seeks $2M Loan from City

YOUNGSTOWN, Ohio – City Council’s housing and economic development committee will hear Thursday about a proposed $2 million float loan for a movie production company that is interested in filming in the city. Gerard Butler Alan Siegel Entertainment approached the city about bringing its production here and has provided the city with an overview of […]

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