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Business News

Platz Realty Group expands with acquisition of Kutlick

WARREN — Platz Realty Group has acquired Kutlick Realty LLC, making the new firm the largest commercial and industrial real estate firm in a five-county area. The acquisition recently was announced by Don Thomas, PGI2 / Platz Real Estate managing partner. Both firms are commercial, retail ...

Ways to check refund status

Taxpayers who filed their 2019 tax return and are waiting for their refund can check their refund status by going to IRS.gov and clicking on Get Your Refund Status to access the Where’s My Refund? tool. People can check the status of their tax return about 24 hours after the IRS acknowledges ...

DeWine seeks federal aid to help small businesses recover

Staff report COLUMBUS — Gov. Mike DeWine and Lt. Gov. Jon Husted have applied to the U.S. Small Business Administration to qualify the state for federal help for small businesses. The Economic Injury Disaster Loan program helps small businesses and nonprofit groups impacted by the ...

Austintown company gets $21K grant for rail upgrades

AUSTINTOWN — United Freezer and Storage Co. has received $21,000 from the state to support rail upgrades at its North Meridian Road facility. The grant from the Ohio Rail Development Commission will help with $42,000 in improvements to a rail spur at the site that will allow the company ...

Valley’s auto sales fall in February, up for the year

WARREN — Automobile dealers in the Mahoning Valley overcame lackluster sales in February to stay out in front of numbers they set in early 2019, albeit by a slim margin. In the first two months of the year, dealers in Mahoning, Trumbull and Columbiana counties sold 9,045 vehicles — 0.48 ...

Mahoning Valley cities post Ohio’s two-highest jobless rates

YOUNGSTOWN — The two largest cities in Mahoning and Trumbull counties were Nos. 1 and 2 at the start of 2020 in Ohio for the highest unemployment rates among cities in the state. Youngstown was No. 2 with a rate of 7.6 percent in January, while Warren was No. 1 with a rate of 8.2 percent, ...

First Niles reports net income of $425K in 2019

NILES — First Niles Financial Inc., the holding company for Home Federal Savings and Loan Association of Niles, reported a net income of $425,000 for 2019, up from $219,000 for 2018. The income is equal to 38 cents per common share in 2019 compared to 19 cents per common share in 2018. For ...

Avalon Holdings Corp. announces 2019 results

WARREN — Avalon Holdings Corp. reported net operating revenue of $68.4 million for 2019, up from $62.2 million for 2018. For the first quarter of 2019, net revenue was $17.3 million, up from $15.9 million in the same quarter for 2018. The company incurred a loss of $500,000 for common ...

Business briefs and People on the Move

Business briefs SOUTHWOODS HOSPITAL NAMED TO TOP LIST: The Surgical Hospital at Southwoods in Boardman has been named a “Top Patient-Recommended Hospital,” as reported by Becker’s Hospital Review. It is the only hospital in Ohio and one of 22 hospitals in the U.S. on the list. The ...

County real estate firms create commercial group

CANFIELD — Two well-known realty groups have formed a new commercial real estate company, uniting two family-owned businesses in the Mahoning Valley. Boardman-based Burgan Real Estate and Youngstown’s Friedkin Commercial Realty have announced Burgan Friedkin Commercial Group. “With ...