Company News

Chevy, Chrysler Unveil Models, Win NAIAS Awards

DETROIT – The first day of the North American International Auto Show kicked off with the announcement of the car, truck and utility vehicles of the year. Two American brands took home awards, as the Chrysler Pacifica minivan was named utility vehicle of the year, while Chevrolet’s electric Bolt was given the honor in the […]

$4.4M Sale Restructures Ownership of Haslam Property

GIRARD, Ohio — While Jimmy Haslam’s Cleveland Browns were trying to win their first game of the season in December, Haslam’s company was busy restructuring the ownership of some its Pilot Travel Centers. The Haslam-family controlled PTC Inc. transferred ownership of the truck stop at 2786 Salt Springs Road off I-80. The new owner is […]

Vallourec Rebounds as Oil Prices, Rig Count Rise

YOUNGSTOWN, Ohio – Vallourec Star, after fighting a tough pricing environment the last two years but now buoyed by rising demand for pipe used in the oil and gas market, is starting to hire again. “We’ve seen signs of improvement in the U.S. oil and gas market where the rig count and OCTG [oil country […]

Community Foundation Distributes $540K to Nonprofits

YOUNGSTOWN, Ohio — The Community Foundation of the Mahoning Valley has awarded $540,200 in grants and distributions for the second half of 2016. The funds include $84,500 in grants to 17 nonprofit organizations in Mahoning and Trumbull counties that made requests to the philanthropic funds the foundation manages. The remaining $455,700 was distributed by fund […]

Year End Offers Mixed Bag for Domestic Automakers

YOUNGSTOWN, Ohio – American automakers ended 2016 on a mixed note, as only one finished 2016 with sales up for both December and the entire year General Motors Co. closed out 2016 with 319,108 vehicles sold in December, a 10% gain from 2015. Retail sales – those to noncommercial customers – were also up, gaining […]

Rex Energy to Sell Utica Assets for $30 Million

STATE COLLEGE, Pa. — Rex Energy Corp. has agreed to sell its Ohio Utica assets in Guerney, Noble and Belmont counties to Antero Resources Corp. The transaction, announced today, is valued at $30 million. Antero, an exploration and production company focused on the Appalachia Basin, is headquartered in Denver. It holds more than 484,000 net […]

Queen Ohio Aims to Build Kingdom of Industry

YOUNGSTOWN, Ohio – Candys Mayo’s path to entrepreneurship – to her chosen vocation, engineering – was neither simple nor obvious. In fact, it was presented to her as a challenge, she says. Mayo launched her firm, Quinn Engineering & Employment Network LLC – or Queen Ohio – in June 2015, the latest step in a […]

Fireline Seeks Rezoning to Build Plant Addition

YOUNGSTOWN, Ohio – City Council will consider rezoning several properties on the East Side to support Fireline Inc.’s expansion plans. The legislation before council tonight would change the classification of the properties to Industrial Green. The properties, zoned “multi-family residential,” sit on the corner of Watt and Adams streets as does a lot on Elk […]

Cortland Bank Opens Hudson Office

HUDSON, Ohio – With the opening of a new office in Hudson, Cortland Bank now has 14 locations, the bank announced this morning. The Hudson financial office operates as a “private bank office,” offering commercial and mortgage lending, as well as wealth management services. The branch, 75 S. Main St., is Cortland Bank’s first full-service […]

Trump Attacks GM Over Selling Mexican Cruze in U.S.

YOUNGSTOWN, Ohio – President-elect Donald Trump attacked General Motors Co. this morning for selling Mexican-made Chevrolet Cruzes in the United States. Only the hatchback model of the Cruze is produced in Mexico and GM says just “a small number” of those are sold in the U.S. “General Motors is sending Mexican made model of Chevy […]

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