Company News

MTR Gaming Reports 2Q Net Loss of $1.2M

CHESTER, W.Va. -- Drops in net revenue at the casinos at Mountaineer Park and Presque Isle Downs s contributed to a net loss of $1.2 million for the second quarter at MTR Gaming Group Inc., the compamy reports.

Parker Nets $1.041 Million for Fiscal Year 2014

CLEVELAND -- Parker Hannifin Corp. reports fiscal year 2014 net income of $1,041 million, or $6.87 per diluted share. This compares with net income of $949 million, or $6.25 per diluted share, for fiscal 2013.

Warren Steel Holdings Restarts Plant Operations

WARREN, Ohio -- Warren Steel Holdings resumed operations Thursday, following approval by state utility regulators of an arrangement that will allow it to pay reduced electric rates.

Steel Import Market Share Is 28% in July

Engineering Professionals Remain Confident about Jobs

ATLANTA -- The Randstad Engineering Employee Confidence Index, a measure of overall confidence among U.S. engineers, fell below 60 for the first time since the second quarter of 2013, declining from 63.6 to 59.8 this quarter. However, confidence levels remain high when compared with those of the other industries surveyed.

Matalco Closes on $690,000 Lordstown Land Acquisition

LORDSTOWN, Ohio -- The welcome sign is up on the perimeter of the Ohio Commerce Park at the 31.2-acre site where Matalco Inc. plans to build what is now a $125 million remelt aluminum billet manufacturing plant.

Racino Supports Getting Help for Gambling Addicts

Stoneridge Completes Sale of Wiring Business for $71.4M

WARREN, Ohio -- Stoneridge Inc. has completed the sale of its wiring business assets to Motherson Sumi Systems Ltd. as agreed in the contract dated May 26. Cash proceeds were $71.4 million.

Avalon Holdings Corp. Buys Magnuson Grand Hotel

GM's July Sales Up 9%, Cruze Sales Down 17.8%

DETROIT -- General Motors says its dealers delivered 256,160 vehicles in the United States in July, genernating the company’s highest July sales since 2007.

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