Company News

Avalon Reports Rebound in 3Q Net Income of $800,000

WARREN, Ohio – Avalon Holdings Corp., owner of Avalon Resorts and Clubs, reported third-quarter net income of $800,000, or 21 cents a share to its holders of common stock. This compares to third-quarter net income a year ago of $500,000, or 14 cents per common share. Net operating revenues for the quarter ended Sept. 30 […]

High-Tech Processes Propel Hickey Metal Fab

SALEM, Ohio — Three mechanical arms grab an aluminum tube and place it just above a series of guide rollers that lead into a sophisticated laser-cutting machine. Just before the material is loaded, software automatically calculates the dimensions and geometry of the tube to ensure accuracy. Once the aluminum is set on the guides, an […]

Sales Rise at Butter Maid Bakery Thanks to Internet

BOARDMAN, Ohio — One need only pause and read the testimonials posted above the prep counter at Butter Maid Bakery in Boardman to gain an insight into how the internet has changed the nature of small business. From Broken Arrow, Okla., to an unidentified Army forward area in Afghanistan, customers of the bakery have found […]

Butech Bliss Shaves Time with $1.3 Million Machine

SALEM, Ohio — The purchase of a $1.3 million machine is putting Butech Bliss on the cutting edge of manufacturing technology in the region, executives say. The Okuma Multus B550 combines the abilities of a mill and a lathe, and will allow the company to manufacture parts — particularly gears — that once had to […]

Flynn’s Tire to Open Store in Edinboro, Pa.

WEST MIDDLESEX, Pa. — Flynn’s Tire & Auto Service will open Nov. 14 in Edinboro, in the former Thor-O-Tire store the president and CEO of Flynn’s, Joe Flynn III said Wednesday. The store in Edinboro will be Flynn’s 20th. “The opening of a new Flynn’s Tire & Auto Service in Edinboro is a great opportunity […]

GM Lordstown Reels as Sales Slump Costs 1,200 Jobs

LORDSTOWN, Ohio – There have been layoffs of this magnitude at the Lordstown Assembly before, but it’s been a long time. Glenn Johnson, president of UAW Local 1112, knows that well enough. In 1980, he lost his job as General Motors’ sales stagnated and workers were laid off. He was out of work for 14 […]

Breaking: GM Lordstown to Cut 3rd Shift, 1250 Jobs

LORDSTOWN, Ohio – General Motors Corp. announced today that it is suspending third shift operations at two of its Midwestern plants, including the Lordstown Assembly. The move will affect 1,202 hourly workers and 43 salaried workers at the plant, GM said in a release. The third shift will end Jan. 23, 2017. The announcement is part […]

Vallourec Reports $176M Loss in Third Quarter

BOULOGNE-BILLANCOURT, France – Vallourec, the parent of Vallourec Star, posted a net loss of $176 million during the quarter that ended Sept. 30. The company, which operates a tube production plant in Youngstown, Ohio, said that revenues fell 20.5% compared to year ago figures because of a continued slump in oil prices. Revenues during the […]

Youngstown Thermal Makes Its Case to City Council

YOUNGSTOWN, Ohio – The CEO of Youngstown Thermal Inc. told City Council’s building and grounds committee that his district energy plan could save the city $2.5 million a year and is much more efficient than a plan presented by a Cleveland-area company in September. Carl Avers said his company is developing two major projects, one […]

VLT Wagers in October Rise 12.2% at Racino

YOUNGSTOWN, Ohio – Wagers on video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course in October were up 12.2% from a year earlier, the Ohio Lottery Commission reported Monday. VLT wagers last month totaled $88.1 million, compared with $78.5 million in October 2015. The average number of VLTs operating per day at the […]

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