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Business News

YBI wins $150,000 from Small Business Administration

YOUNGSTOWN — The Youngstown Business Incubator has won a $150,000 prize in Stage 2 of the U.S. Small Business Administration’s 2023 Growth Accelerator Fund competition, a program that supports a national innovation ecosystem. The business startup incubator downtown won the award for its ...

Millwood Inc. opens new location in Ohio Commerce Center, Lordstown

VIENNA — Millwood Inc., a national provider of load products and related services based in Vienna, has opened its 39th location, this one at the Ohio Commerce Center in Lordstown. A team of 16 employees will operate the 43,200-square-foot space at 5232 Tod Ave SW, including a chaplain who ...

Nominees sought for manufacturing award award

WARREN — The Youngstown / Warren Regional Chamber and MAGNET are partnering again this year to recognize a manufacturer in the Mahoning Valley with the chamber’s seventh annual Manufacturing in Excellence Award. Nominations are being accepted through Oct. 4 for the award that focuses ...

NE Ohio can be big player in chip making

Northeast Ohio has the assets to be a tremendous player in the semiconductor manufacturing industry, according to a new report. Team NEO in its latest quarterly economic review points out the region’s strengths include a high employment concentration in industries that supply the ...

Business briefs

ALUMNI RECOGNIZED: The Williamson College of Business Administration at Youngstown State University will present its Outstanding Alumni Awards on Oct. 20 at Williamson Hall at YSU. The reception begins at 6 p.m. and the award presentation follows at 7 p.m. This year’s recipients are ...

Local entrepreneurs acquire Gorant Chocolates

YOUNGSTOWN — Gorant Chocolates has been acquired by Youngstown Chocolate LLC, owned by Bergen Giordani and Nino Rubino. The acquisition begins a new chapter for the 74-year-old chocolate maker. While the recipes and chocolate will remain the same, new changes are on the horizon, the ...