×

Business News

Natural gas rates drop in March

Dominion Energy Ohio’s standard choice and standard service offer rates for March are $2.04 per thousand cubic feet (Mcf). The new rates are down 56 cents per Mcf, or 2.7 percent, from February, and 88 cents per Mcf, or 30 percent, from March 2019. Under the company’s filing with the ...

Industrial math class available

YOUNGSTOWN — The Mahoning Valley Manufacturer’s Coalition and Eastern Gateway Community College are partnering to offer an industrial math class for participants in area apprentice programs. The course, to start March 23, is two 40-hour classes and costs $800. Individuals must take both ...

Lordstown Motors pays millions in license fees

LORDSTOWN — Lordstown Motors Corp. paid $12.2 million in licensing fees to its minority partner Workhorse Group to use the Cincinnati-area company’s technology to launch the Endurance pickup truck. The payment is part of an agreement the electric vehicle manufacturers struck in November ...

Workforce development group gets endorsement

YOUNGSTOWN — The Mahoning Valley Manufacturers Coalition has been endorsed by the Ohio Manufacturers’ Association’s leadership committee as a local industry sector partner for its effort to grow the state’s manufacturing talent. Jessica Borza, coalition executive director, said the ...

Levin reacquires furniture stores

WARREN — Robert Levin, former president and owner of Pittsburgh-based Levin Furniture, has reacquired the company, saving it from going out of business. Levin obtained the Ohio and Pennsylvania assets of Levin Furniture, which has stores in Niles and Boardman, and Wolf Furniture through a ...

Prisma expands space

GIRARD — Prisma Integration has added 5,600 square feet to its manufacturing space here, a move that lets the Italian-based company streamline its operation and one that positions it for further client and employee growth. Until the manufacturing process coalesced into the ...

Market drop means time to refinance your home

The temperatures weren’t the only things that dropped this past week. The growing threat of coronavirus spawned a sickness to the stock market that had it looking for its own vaccine to stop the bleeding. The three major indexes posted their worst percentage drops over a one-week period ...

Business briefs

FORBES RECOGNIZES KSU: Forbes has named Kent State University among the top 20 companies in the U.S. The school ranks No. 13 among 500 companies in 24 sectors and is the only public or private university to make the 2020 list. The recognition is for diversity. Other northeast Ohio companies ...

History inspires Poland moccasin company

POLAND — Micheline Thompson’s career caused her to be away from home a good deal, so much so, “I got to see the TSA officers more than I got to see my kids, my husband,” she said. Tired of the travel and with global consumer company Unilever, for which she was director of business ...

Eastgate, port authority, YSU, others consider federal transportation grant

YOUNGSTOWN — Trying to capitalize on some of the energy next-gen technology is creating in Lordstown and build on the momentum of improvements planned for Youngstown’s central business district, local development officials plan to ask for federal help to transform part of state Route 45 ...