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BUSINESS DIGEST || More layoffs to hit Parker Hannifin



Published: Thu, December 8, 2016 @ 12:00 a.m.

More layoffs to hit Parker Hannifin

YOUNGSTOWN

Parker Hannifin will have another wave of 19 layoffs from Jan. 23 to Feb. 6 at its gear-pump division at 2701 Intertech Drive, according to the company’s Workers Adjustment and Retraining Act.

Parker Hannifin Corp. announced in October 2015 that it would close the facility by April 2017.

Chamber event

WARREN

The Youngstown Warren/Regional Chamber will have an energy renaissance event from 7:30 to 9 a.m. Dec. 13 at Avalon Inn and Resort, 9519 E. Market St.

U.S. Rep. Tim Ryan of Howland, D-13th; U.S. Rep. Bill Johnson of Marietta, D-6th; Rocco DiGennaro Jr., president of the Western Reserve Building Trades; and David Ledonne, vice president of operations, Utica and Appalachia, MarkWest/MPLX; will speak at the Fueling America’s Future: Accelerating Energy and Transportation Infrastructure event.

The expert panelists will look ahead at how the next administration and the next Congress will impact energy and transportation infrastructure.

Registration is needed by Friday. The cost is $25 for members and $35 for non-members.

Register online at regionalchamber.com or contact Mary Beth Wyko at: 330-744-2131, ext. 1212, or marybeth@regionalchamber.com.

2 juveniles charged in Tenn. wildfires that killed 14

NASHVILLE, Tenn.

Authorities on Wednesday charged two juveniles in an East Tennessee wildfire that killed 14 people and destroyed or damaged more than 1,700 buildings in an iconic tourism spot at the foot of the Great Smoky Mountains.

Officials offered few other specifics about how they think the two started a fire that leveled buildings into charred scraps, carving a deadly path through the Gatlinburg area.

The juveniles face aggravated arson charges in the fire in the Chimney Tops area of Great Smoky Mountains National Park on Nov. 23. That fire grew amid drought conditions and ultimately rode winds exceeding 87 miles per hour into the Gatlinburg area early last week.

Federal judge halts recount, sealing Trump’s Mich. win

DETROIT

Michigan’s presidential recount was halted Wednesday after three days, assuring Republican Donald Trump’s victory in the state, when a federal judge said he’ll abide by a court ruling that found the Green Party candidate Jill Stein couldn’t seek another look at the vote.

Meanwhile, the fate of Stein’s request for a recount in Pennsylvania must wait at least until a federal court hearing Friday, just four days before the Dec. 13 federal deadline for states to certify their election results.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1230.90-0.25

Aqua America, .71 29.860.33

Avalon Holdings,2.86-0.03

Chemical Bank, .2723.34-0.36Community Health Sys. 5.72 -0.01

Cortland Bancorp, .2817.650.00Farmers Nat., .1614.300.09First Energy, 1.44 30.06-0.31

Fifth/Third, .5226.550.23FirstMerit Corp.,21.610.37

First Niles Financial, .129.000.03FNB Corp., .4815.900.20

General Motors, 1.5236.301.23

General Electric, .9231.600.43Huntington Bank, .28 13.21-0.01iHeartMedia Inc.,1.45-0.05JP Morgan Chase, 1.9284.070.38Key Corp, .3418.250.30LaFarge, .34- -Macy’s, 1.51 43.180.78

Parker Hannifin, 2.52 144.982.43PNC, 2.20112.671.18

Simon Prop. Grp., 6.60183.753.64Stoneridge 17.610.65

United Comm. Fin., .12 8.950.34

Selected prices from Wednesday’s 4 p.m. close.


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