Company News

Ferry Returns to VEC; Jaskiewicz Forms Consulting Firm

GIRARD, Ohio — Rex Ferry, owner and CEO of VEC Inc., will resume the role of president and operate the company’s day-to-day operations following the departure of Chris Jaskiewicz, effective July 1. Jaskiewicz has been with VEC since 1995, and was named president in 2005. He is leaving the company to start a consulting business, […]

So Many Beers to Sample, So Little Time

BOARDMAN, Ohio — Along the far wall behind the bar of the Magic Tree Pub & Eatery stands a row of 41 neatly aligned beer taps, each aimed at the palate of a particular customer. From that customer’s vantage point, it means staring straight into a wide array of ales brewed from all over the […]

‘Buy Local’ Campaigns Work to Boost Sales

YOUNGSTOWN,, Ohio — On May 2, Sharon, Pa., will celebrate Spring Fling. Launched last year by Greater Sharon Associates, downtown merchants and businesses will take the spotlight during a day that features entertainment and giveaways. “It gives yet another reason for shoppers to come downtown,” says Laura Ackley, general manager of Donna’s Diner and the […]

Marshalls to Join Tiffany Square Tenant Mix

BOARDMAN, Ohio – The Marshalls Inc. department store chain will open a new store at Tiffany Square. A fall opening is planned for the store, Kutlick Realty LLC announced Tuesday. Marshalls, owned by TJX Companies, will occupy more than 20,000 square feet of the shopping center, where Hobby Lobby moved earlier this year. The off-price […]

RTI International Reports $198.5M in Revenues for Q1

PITTSBURGH – First-quarter revenues were up 14% over the same period last year at RTI International Metals, the company reported this morning. Revenues for the first three months of the year totaled $198.5 million, compared with $174.5 million for the same period in 2014, RTI announced in a news release this morning. Operating income during […]

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 […]

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