Company News

Regulators Not Sure ADI Meets Financial Fitness Test

YOUNGSTOWN, Ohio – The U.S. Department of Transportation is requesting additional information from Aerodynamics Inc. before the certificate it received to allow it to begin its Youngstown-to-Chicago daily service takes effect. Among the information the federal agency requests is third-party verification that the company has the required funds to operate the service. “At this time, […]

Social Media Strategists Recommend Nike’s Motto

BOARDMAN, Ohio – For businesses looking to take the dive into social media platforms, the most common advice area consulting firms have is simple: Just do it, Nike’s motto. There can be complexities, of course, but the best thing to do is just get a foot in the door. “Don’t worry about perfection. You might […]

Domestic Automakers Report Mixed April Sales

YOUNGSTOWN, Ohio – April produced mixed results for the domestic auto industry, according to sales reports from the three largest American automakers. Fiat Chrysler Automobiles and Ford Motor Co. posted their best April in a decade, while General Motors Co. reported a small drop in total sales. While sales for General Motors fell, retail sales for […]

Compco Memorializes Fallen Police Officers

COLUMBIANA, Ohio — Compco Industries will again recognize law enforcement officers killed in the line of duty during National Police Week by providing a specially crafted piece of memorial art to the families of each officer. Each lithograph measures 16 inches by 20 inches and is framed for immediate hanging. The image is a collage […]

CHS Net Operating Revenues Approach $5B for Q1

FRANKLIN, Tenn. – Net operating revenues at Community Health Systems Inc. for the first three months of 2016 totaled $4.999 billion, a 1.8% increase from the $4.911 billion for the same period in 2015. The company, which owns ValleyCare Health System of Ohio, reported its first quarter results at the close of business Monday. Adjusted […]

Companies Catch the Wind that Powers Energy Projects

YOUNGSTOWN, Ohio – Energy production in Ohio derived from wind might be caught in the doldrums, but companies across the state are turning out the components, mechanisms and technical expertise needed to propel the industry. “We’ve got projects in nine states right now,” reports Greg Courtney, founder and principal of Wind Turbines of Ohio LLC, […]

Aim Names Svancara EVP of Sales

GIRARD, Ohio – Aim NationaLease, the nation’s largest privately held truck leasing company, is restructuring its sales leadership team as it “continues to grow and evolve,” the company reports. Matt Svancara has been promoted to executive vice president of sales and marketing. Svancara, formerly regional vice president of sales, oversees business development and the nationwide […]

Assets of Former Downtown Bar Go Up for Auction

YOUNGSTOWN, Ohio – Warehouse 50’s liquor license was among the items that went unsold during an online auction of the now-closed bar’s assets Thursday. Until it closed last year, Warehouse 50 was the sole remaining tenant in the Stambaugh Building. NYO Property Group, which owns the Stambaugh Building where Warehouse 50 had operated, announced plans […]

Launch of ADI Flights Delayed until June 13

YOUNGSTOWN, Ohio – The launch of daily scheduled service between Youngstown-Warren Regional Airport in Vienna Township and Chicago’s O’Hare International Airport will be delayed until June 13, Aerodynamics Inc. announced Thursday. Launch of the service was formally announced March 29 during a media event at the regional airport, and Dan Dickten, the airport’s aviation director, […]

Penn National Reports $756.8M in Q1 Revenues

YOUNGSTOWN, Ohio – Penn National Gaming Inc., which operates Hollywood Gaming at Mahoning Valley Race Course in Austintown, reported first-quarter revenues of $756.5 million and adjusted earnings of $212.9 million this morning. Revenues for the first three months of 2016 were up 13.9% from the comparable period in 2015, when revenues were $664.1 million. Adjusted […]

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