Company News

Rp+m Develops New Applications for 3-D Printing

AVON LAKE, Ohio – What started as an idea to augment a large plastic-injection molding operation in Avon Lake, Ohio, is today a stand-alone business at the forefront of the additive manufacturing revolution. Rapid Prototyping and Manufacturing LLC, better known as rp+m, began as a division of Thogus at that company’s plant west of Cleveland. […]

Klacik Reports $19.7 Million in Sales for 2015

POLAND, Ohio – Klacik Real Estate reported Wednesday that it completed 134 transactions that totaled $19.7 million in 2015. Broker Michael D. Klacik attributed the sales figures to increased name recognition, which he said resulted from more advertising combined with the experience of the 16 agents at the firm. The agents average 18 years of […]

Chesapeake Stops Drilling in Utica, Marcellus Plays

YOUNGSTOWN, Ohio – Chesapeake Energy Corp. is no longer drilling for oil and natural gas in the Utica and Marcellus shale plays in eastern Ohio and northern Pennsylvania, the company reported today. In releasing its earnings for the fourth quarter of 2015 and all of 2015, Chesapeake said it averaged just two rigs operating in […]

HBK Acquires Florida Accounting Firm

NAPLES, Fla. — HBK CPAs & Consultants announced Tuesday it has acquired the public accounting firm Urish Popeck of Florida LLC and its wealth management business, Global Wealth Consultants. “The highly respected group has been a fixture in southwest Florida financial services for many years,” said Christopher M. Allegretti, CEO and managing principal of the […]

Lordstown Power Plant Could Spawn Second Plant

YOUNGSTOWN, Ohio – Not one – but possibly two –electrical generation plants fueled by natural gas could be built in the village of Lordstown over the next six years, resulting in an investment of well over $1 billion. Massachusetts-based Clean Energy Future LLC, the company behind the construction of a proposed $850 million natural gas […]

Auto Unions Ride High with Industry’s Rebound

YOUNGSTOWN, Ohio – The three major union locals that represent workers in the Mahoning Valley’s automotive sector begin the year filled with confidence, their representatives say, as sales of new vehicle continue to climb and suppliers ride the wave of steady demand. Leaders who represent locals 112 and 1714 of the United Auto Workers and […]

Vallourec Posts $959 Million Net Loss in 2015

YOUNGSTOWN, Ohio – Global pipe and tube manufacturer Vallourec, which operates a large operation here, reported a net loss of $959 million during 2015, the company announced Thursday. The loss included non-cash impairment charges of $328 million and restricting charges of $112 million, the company reported. The company,  based in Paris, declared a loss of […]

Meijer Store Chain Buys Former Austintown School

AUSTINTOWN TOWNSHIP, Ohio – The former Austintown Middle School at 5800 Mahoning Ave.  has been sold for $2.6 million to a company that operates the Meijer store chain. The sale was approved last night by the Austintown Local School Board. According to Vincent Colaluca, district superintendent, Meijers plans to tear down the former middle school, […]

WKBN/WYTV Joint Operations an Issue in $4.6B Merger

YOUNGSTOWN, Ohio – The joint sales agreement that enables WKBN-TV and WYTV-TV to share business and news operations appears to be an issue in whether the Federal Communications Commission will unconditionally approve the merger of Media General and Nexstar Broadcast Group. Nexstar announced last month that it would pay $4.6 billion for Media General, which […]

Their Small Businesses Differ, Their Challenges Do Not

BOARDMAN, Ohio – Four owners of small local businesses agree that the secret to their success is listening to customers, understanding new marketing trends as they pursue the work that they love. At the same time, they cope with the headaches of administration, regulations, competition and the rising costs of materials and services. These business […]

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