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Business News

Top Business Stories of 2019: Valley bounces back

Business news in 2019 in Trumbull and Mahoning counties can be summed up by devastating gut punches that knocked the wind out of the local economy and equally monumental announcements and developments to breathe new life into the area. With little more hesitation, the top 10 business stories ...

Business briefs and people on the move

Business briefs HBK EMPLOYEES EARN DESIGNATION: Certified public accountants with HBK CPAs & Consultants, Joseph C. Ledford and Keith A. Veres, have earned the Exit Planning Institute’s Certified Exit Planning Advisor (CEPA) designation. The designations were awarded upon their ...

State Legislature approves Lepore-Hagan training bill

COLUMBUS — A bill to promote job training and workforce development, co-sponsored by state Rep. Michele Lepore-Hagan, D-Youngstown, was approved Thursday by the General Assembly. The governor is expected to sign the bill into law. The bill will create the TechCred and Individual ...

Sales of electric vehicles expected to grow

WARREN — Electrified vehicles are the future, according to industry experts and any average Joe on the street — but the often expensive battery-powered and plug-in cars still control only a small part of the auto market compared to their combustion counterparts. “It’s still a ...

Electric vehicles return after 100 years

WARREN — There’s nothing new under the sun — including electric vehicles which, with steam vehicles, dominated the automobile market at the turn of the 20th century. “Electric vehicles were incredibly popular at the turn of the century. In fact, electric and steam vehicles ...

Mich. plant could indicate what to expect

WARREN — Although the LG Chem battery plant in Holland, Mich., is not a joint venture with General Motors as the new plant planned for the Mahoning Valley will be, a look at it may offer some insight into what type of work and opportunities could be available in the coming years. A ...

Union not guaranteed at future GM / LG plant

WARREN — If the 1,000 people expected to be employed at the new electric battery plant General Motors and LG Chem are pursuing in the Mahoning Valley will be unionized, labor organizers will have to push for it, and the workers will have to welcome it with a vote. Because GM and the ...

Home sales stay ahead of 2018 pace in county

WARREN — Sales of single-family homes in Mahoning County through October continue to remain slightly ahead of the pace set for the same period last year and they are selling for more money. There were 2,379 closed sales through October, up 1.2 percent from 2,350 for the same period last ...

MVEDC gets $1.6M grant

YOUNGSTOWN — A business development and job creation organization has been awarded $1.6 million to support small businesses and entrepreneurs in Trumbull and Mahoning counties. The funding from the U.S. Economic Development Administration will be used by MVEDC (Mahoning Valley Economic ...

Farmers declares 3Q dividend of dime per share

CANFIELD — Farmers National Banc Corp., the holding company of Farmers National Bank, declared a cash dividend of 10 cents per share on common stock for the third quarter. The dividend will record Dec. 13 and is payable to shareholders Dec. 31.