BUSINESS DIGEST ||


TMH president

WARREN

Trumbull Memorial Hospital, a Steward Family Hospital, has named Ron Bierman as hospital president.

Bierman previously served as the CEO of Affinity Medical Center from 2008-2016, CEO for Tenet Healthcare facilities from 2005-2007, and CEO for Health Management Associates facilities from 1998-2005.

Boston-based Steward Health Care LLC officially purchased Trumbull Memorial, Northside Medical Center in Youngstown and Hillside Rehabilitation Hospital in Howland from Community Health System in May.

20th anniversary

NORTH JACKSON

Things Remembered Fulfillment and Call Center is celebrating 20 years in business in North Jackson. The distribution center, which supports Things Remembered stores throughout the U.S. and Canada, started operations in 1997.

To recognize the occasion, the Things Remembered Fulfillment Center had a 20th anniversary celebration on-site for its employees, complete with a luncheon, product raffles, games and a photo booth.

Compco deal

COLUMBIANA

After two weeks of intense negotiations, Compco Industries of Columbiana has announced that it has acquired the assets of Quaker Manufacturing Corp. of Salem. The deal became final Friday.

The name of the company will change to Compco Quaker Manufacturing Inc., but there are no immediate changes expected in staffing or employee benefits. Quaker will also continue to manufacture its current product line.

Compco Quaker joins two other facilities in Compco’s corporate portfolio: Compco’s main facility in Columbiana and QFM in Salem.

Compco is a supplier of tank heads for the pressure vessel, air, propane and water storage industry. Quaker specializes in custom metal stampings.

Employment growth

CLEVELAND

Food and beverage manufacturing employment grew 21 percent in Northeast Ohio from 2007 to 2016, compared with 5 percent nationwide, according to the quarterly Cleveland Plus Economic Review released Monday by Team Northeast Ohio. This growth is expected to continue over the next decade, with projections of 14 percent growth for NEO and 10 percent growth for the U.S. as a whole.

BMW to expand

BMW said Monday it will invest an additional $600 million to expand its South Carolina plant, creating 1,000 new jobs over the next four years.

CEO Harald Krueger’s announcement coincided with the German automaker’s celebration of 25 years of manufacturing in the state.

BMW also unveiled its 2018 BMW X3, a compact sports vehicle expected to be available in November.

The expansion will boost its workforce to more than 10,000 people. BMW will separately invest $200 million over five years on workforce training, Krueger said.

Staff/wire report

More like this from vindy.com

Subscribe Today

Sign up for our email newsletter to receive daily news.

Want more? Click here to subscribe to either the Print or Digital Editions.