×

Business News

KraftMaid’s owner sells cabinetry division for $1B

MIDDLEFIELD — The company that owns kitchen and bathroom cabinet maker KraftMaid, which has manufacturing facilities in Ashtabula and Geauga counties, has sold the division to a Texas company. Friday’s announcement by Michigan-based Masco Corp. of the $1 billion sale to ACProducts Inc. ...

Wagering at racino rebounds in October

AUSTINTOWN — Wagering on video lottery terminals at Hollywood Gaming at Mahoning Valley Race Course rebounded some in October after steady declines in August and in September. Bettors played $111.3 million credits, up about $2.1 million in credits played from September, according to the ...

Local bank stocks lose in trading

Cortland Bancorp closed at $21.87 per share in trading Wednesday, up a penny from Tuesday. First Niles Financial closed at $7.80 per share, down 20 cents from Tuesday.

Professional development seminar offered Thursday

AUSTINTOWN — On Demand Drug Testing and Work Solutions will have an educational seminar for local business professionals Thursday on topics that include employment engagement, decreasing turnover, hiring and technology. It is at On Demand’s office, 5760 Patriot Blvd., Austintown. The cost ...

Ohio casino revenue down about $200K in October

Revenue at Ohio’s four casinos in October was $68.1 million, down about $200,000 from September, according to the Ohio Casino Control Commission. But revenue was up about $1.6 million in a year-to-year comparison against October 2018, which posted $66.5 million. Table games last month ...

Boardman Civic dinner scheduled for Monday

BOARDMAN — The Boardman Civic Association’s final dinner of 2019 will be Monday at Boardman Park’s Lariccia Family Community Center. The event will include remarks from a representative of Washington Prime Group, which owns the Southern Park Mall, on changes there; John Kufleitner of ...

Deal nears for major new tenant at Eastwood Mall

By RON SELAK JR. Staff writer NILES — The operator of the Eastwood Mall is close to inking a deal with a national retailer that would occupy the massive former Sears department store. Cafaro Company spokesman Joe Bell couldn’t divulge much about the retailer because the contract ...

Business briefs

HBK ACQUIRES TECH FIRM: HBK IT LLC, a member of the Youngstown-based HBK family of companies, has acquired Unicom Solutions Group of Mountainside, N.J. Unicom is a technology-consulting firm established in 1991 offering a suite of services to small and midsize private companies, nonprofits ...

Vehicles sales continue to eclipse 2018 numbers

WARREN — Automobile dealers in the Mahoning Valley continue to sell vehicles at a pace well ahead of 2018. Through October, dealerships sold 83,168 vehicles to buyers across Ohio and for the month, they sold 8,740 vehicles — nearly 10 percent more than the 75,779 sold in the first 10 ...