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Business 2009: The Cruze
GM’s commitment to Lordstown tops this year’s business news. Bolt by bolt, something big was
Officials hope Valley returns to one congressional district
Next year’s state elections will help determine who will draw new congressional lines.
Jobless rate rises throughout the Valley
Youngstown has the highest jobless rate — 14.5% — of any city in Ohio. The area’s
Practice gets new MRI unit
The medical practice is the first in the area to install GE’s new environmentally friendly MRI.
Some Valley bars serve up bout despite blackout order
The bars showing the fight were crowded Saturday night. Some area bars were receiving the pay-
Mayor calls Valley’s low rank for business ‘almost comical’
The mayor combats Youngstown’s poor ranking with large business expansions planned for the city.
Valley new-vehicle sales hit a low point
A dealer representative can’t recall a month with lower new-car sales. New-vehicle sales in
Forum deadline reset for Jan. 11
The health provider says extra time is needed because of its ‘careful approach.’ Forum Health
GM plans to scale back sales incentives
GM wants to get away from being the industry’s incentives leader, an official said. Don’t
Severstal workers eligible for college, training funds
The money is designed to make laid-off workers more employable. WARREN — About 1,200 workers
Doctor’s Rx for reviving Liberty MetroPlex: commitment, $2M
The new MetroPlex owner hopes to spend $2 million on renovations. LIBERTY — A Pennsylvania
State legislator encouraged by Severstal’s plan
WARREN — A local state legislator said he is encouraged that Severstal executives have an action
Consumer Reports: Cruze most significant car of L.A. car show
Critics are raving about the Cruze, which is stealing the spotlight at the L.A. car show after it was introduced Wednesday. GM used the LA show to show off a Cruze built at its Lordstown complex for the first time.
Delphi salaried retirees testify about pensions
Two local retirees of Delphi Packard Electric told a House subcommittee that their pension plans
Area steel companies push for tariffs
Jay Williams testified that rising imports threaten V&M’s proposed expansion. Two area steel
Media await Cruze unveiling
Industry writers like what they’ve seen of the Cruze so far.
Mayor in D.C.; trying to secure federal funds for Forum
The mayor wants to avoid a Forum sale to an outside operator. Mayor Jay Williams is trying to
A CHANGE IN THE AIR
New Castle company’s product ‘helps out a lot’ The air curtain keeps the heat and cold away from
Are new models cruising into GM Lordstown?
Reports say the Valley plant will produce a Korean version of the Cruze, a minicar and a crossover
Goodbye, YS&T offices; hello, V&M green space
The site will be used for green space at V&M’s request. YOUNGSTOWN — In another step to secure
Recovery will be vigorous in 2010, economist says
CANFIELD — An economic recovery is under way and will continue building steam next year, an
Valley piques interest of Asian companies
More foreign trips will be arranged with the help of a federal grant. YOUNGSTOWN — Four Asian
LA auto show will showcase Cruze, Volt
Chevrolet will showcase the fuel efficiency of the Lordstown-built Cruze and its electric car, the
Rev. Simon honored
Simon is honored for his efforts as a pastor and in energizing voters. YOUNGSTOWN — About 175
Cruze moves to catch up with Honda
Senior General Motors executives pushed back the launch of the Chevrolet Cruze for more time to
Pensions restored for hourly retirees
GM will cover the payments being cut by a federal agency. Hourly retirees of Delphi Packard
Valley entrepreneur brings LA bus riders up to speed on ‘green’
A downtown company offers environmental videos from around the world. YOUNGSTOWN — One million
Auto sales down in October
Area car dealers saw a 40-percent decline. Area car dealers posted their second-worst sales
National City branches convert
The change follows PNC’s acquisition of National City last year. PNC Financial Services Group
RTI reports 50% drop in sales
The titanium company reported an $8.7 million third-quarter loss. RTI International Metals
Attorney targeted by complaint faces jail time
Atty. Warren “Bo” Pritchard, who has been accused of misconduct in his legal practice, is to begin a
Boy hurt by foul ball to be released soon
The boy can move his arms and legs but can’t pick up objects yet. WARREN — Luke Holko, the 4
Delphi retiree upbeat after D.C. hearing
The Howland resident is optimistic that senators will work to restore pension benefits. A
First Place beefs up its mortgage business
The bank continues to have trouble with bad loans as the regional economy struggles. VIENNA —
Chamber members heading for China
One of the companies being visited is looking for a Midwest distribution site. Local
Boardman’s General Extrusions auctions equipment to pay loans
BOARDMAN — General Extrusions auctioned much of its fabricating and finishing equipment Tuesday,
IN THE MOOD TO PARTY
Monica Bonilla of Youngstown gets help from her mother, Minerva Bonilla, as she tries on a costume. They were shopping recently at Halloween Mania in Austintown.
Sunrise Inn in Warren to expand into Austintown
The former Waffle House in Austintown will become a Sunrise Inn Express. AUSTINTOWN — The
Salaried retirees from Delphi Corp. expected to testify
Salaried retirees from Delphi Corp. are expected to testify about their reduced pensions before a
Loan losses continue to affect UCFC’s earnings
YOUNGSTOWN — The parent company of Home Savings and Loan Co. continues to be dragged down by bad
Pay for Pishkur produces protests
Objections are expected to be filed in court over his proposed pay. YOUNGSTOWN — Forum
VXI Calls On Valley
Chris Butcher, senior operations manager at VXI Global Solutions, stands among new operators at the company’s downtown call center. Butcher, a Mahoning Valley native, was working in Los Angeles when he suggested VXI consider Youngstown for a call center.
Experts expect Dow to rise higher
The Dow has gained 53 percent since bottoming out in March. The Dow Jones industrial average
Plan to pay ex-CEO $9,000/week angers union leaders
YOUNGSTOWN — After years of persuading members to accept contract concessions, union leaders are
Director fields questions on city’s comeback bid
An international newspaper calls the city ‘a young town again.’ YOUNGSTOWN — An international
Forum seeks pay for Pishkur
Another battle with lenders looms unless Forum completes a restructuring plan soon.
Valley companies defy recession, win Chamber awards for growth
The chamber honored 10 companies for their business growth last year. BOARDMAN — Jet Stream
Union works to build rapport with new Delphi
WARREN — A new Delphi has emerged from bankruptcy as a leaner company with lower costs, but this is
Utility to sell you $9 bulbs for $21
Consumers will pay 60 cents a month for three years for the bulbs. FirstEnergy Corp. is
Local car dealer runs low on Hummer inventory
GM told dealers that they may have to wait until November for word on the Hummer sale.
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