Company News

Covelli Centre Income Beats Projection

YOUNGSTOWN, Ohio – The Covelli Centre posted net income of $261,358 for the first quarter of 2015, quarterly numbers released by the city this morning show. Net income for the three months ended March 31 was more than $30,000 ahead of the $230,889 projected for the period, according to the report. Total direct event income […]

Downtown Barbershop, The Starting Line Up, Opens Today

YOUNGSTOWN, Ohio – When Jerome Franklin began work last December on his moving his barbershop downtown, his biggest concern wasn’t demand or whether he would find the right staff. He worried about the paint. “Getting people to feel a certain way when they walk in was something I had never had to think about before […]

Bigger Is Not Better, Local Retailers Say

YOUNGSTOWN, Ohio — Locally owned and operated businesses contend with competitors from outside the Mahoning Valley, but the form that competition takes has changed markedly in recent years, with online sales becoming as big a threat or bigger than big-box chains. Sherry Sheely, chief operating officer of Sheely’s Furniture & Appliance in North Lima, is […]

Fabricated Metals Production Still ‘Fab’

YOUNGSTOWN, Ohio – The region’s fabrication and machine shops today boast a diversified customer base that supply clients throughout the country, and in some cases, the world. These shops aren’t the massive manufacturers that dominated northeastern Ohio’s industrial scene the first half of the 20th century. Most are small businesses – employing fewer than 100 […]

Penn National Touts Performance of Ohio Racinos

YOUNGSTOWN, Ohio – Officials with Penn National Gaming Inc. remain bullish on Hollywood Gaming at Mahoning Valley Race Course in Austintown, but were silent Thursday morning on the company’s recent withdrawal from a western Pennsylvania project that would have competed with the Austintown racino. “Weather aside, we’re really continuing to see momentum in our four […]

Penn National Touts Ohio Properties’ Performance

YOUNGSTOWN, Ohio – Officials with Penn National Gaming Inc. remained bullish on Hollywood Gaming at Mahoning Valley Race Course in Austintown, but were silent this morning on the company’s recent withdrawal from a western Pennsylvania project that would have competed with the Austintown racino. “Weather aside, we’re really continuing to see momentum in our four […]

GM’s Global Sales Up 2% in First Quarter

DETROIT – General Motors Co. (NYSE: GM) sold 2.4 million vehicles globally in the first quarter of 2015, up 2 percent compared to a year ago. Sales in China increased 9 percent and deliveries in North America were up 6 percent. Opel/Vauxhall increased its sales by 3 percent in Europe. “The momentum our brands are […]

Cogistix Poised for More Growth at New Headquarters

BOARDMAN, Ohio – Cogistix LLC guided its customers through the company’s new 15,000-square foot office building at an open house Wednesday evening to celebrate the company’s move to the former Hill Barth & King building at 7680 Market St. Cogistix, established in 2009, resells and codes management software for manufacturers. The company purchased the building […]

T. Bruce Scores Big in Heavy Plate Manufacturing

WEST MIDDLESEX, Pa. — Patrons passing by or filing into Heinz Field in downtown Pittsburgh are likely to notice the bright yellow supports outside that buttress the upper decks. Each set of columns – 18 in all positioned around the stadium – has four metal beams that converge at a single point and fan outward […]

Hudson Fasteners Launches New Ecommerce Presence

YOUNGSTOWN, Ohio – New business-to-business ecommerce technology being used by Hudson Fasteners Inc. will revolutionize how fasteners and industrial products are sold online, the company says. The Youngstown Business Incubator portfolio company is using its trademarked “13 Forces Product Genius” technology to launch of 1IndustrialWay.com, a complete rebranding of HudsonFasteners.com. The B2B ecommerce platform and […]

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