Business

House listings, sales rise in first two months of 2019

WARREN — The number of single-family homes listed in Trumbull County fell 9 percent in February from January, but new listings are 10 percent higher in the first two months of 2019 compared to the same period last year. There were 172 new listings countywide in February, down from 189 in ...

Cortland Bancorp stock surges in Thursday’s trading

Tribune Chronicle Cortland Bancorp surged in trading Thursday, gaining $2.39 to close at $25.97 per share. First Niles Financial held steady at $8.49 per share for the third day in a row. business@tribtoday.com

GM confirms interest in plant

WARREN — General Motors has gotten some outside interest in its Lordstown assembly plant, but the automaker maintains the future of its unallocated plants will be determined by it and the United Auto Workers union. “We have received inquiries from interested parties related to the ...

Steel company gets state grant to upgrade rail spur

LORDSTOWN — A steel coil processing company has gotten a state grant to upgrade a railroad spur to solidify its business and save on costly rail service repairs. The $56,125 from the Ohio Rail Development Commission is half of the project at Taylor Coil Processing to beef up 100-pound rail ...

Local gas prices below average

WARREN — The average price for a gallon of unleaded gasoline in the Warren / Youngstown and Niles areas is cheaper than the $2.39 average across northeast Ohio, according to AAA East Central’s Gas Price Report. Motorists in the Warren / Youngstown area are paying $2.37 and in Niles, ...

Local stocks experience gains

Cortland Bancorp gained $1.50 in trading Monday to close at $25 per share, while First Niles Financial gained 49 cents to close at $8.49 per share.

Auto sales rise in Jan., Feb.

WARREN — Automobile dealers in the Mahoning Valley sold more cars in the first two months of 2019 compared to the same period last year. The dealers also reported sales were up in February against February 2018. There were 12,203 new and used vehicles sold in January and in February at ...

Professor to speak at TBEIC

WARREN — An expert in water and wastewater treatment will headline the 2019 Mahoning Valley Engineer of the Year Awards ceremony. Helen Muga, program director and assistant professor of engineering at Baldwin Wallace University, will speak at the April 3 event at the Tech Belt Energy ...

Business briefs

PA. HONDA STORE RECOGNIZED: Shenango Honda of Hermitage, Pa., has earned the prestigious 2018 Council of Excellence award, which marks outstanding financial services to its customers. The award is given to the top 15 percent of Honda dealerships recognized by Honda Financial Services. ...

Local bank stocks stand pat

After losing $1.50 in trading Thursday, Cortland Bancorp held steady Friday to close at $23.50 per share. First Niles Financial also held steady, closing at $8 per share.

Cortland Bancorp stock drops sharply

Cortland Bancorp lost $1.50 in trading Thursday to close at $23.50 per share. First Niles Financial held steady to close at $8 a share.

Fyda, Mercedes deal ends

Fyda Freightliner in Youngstown has ended it agreement with Sprinter / Mercedes Benz USA, according to Fyda. The dealership is no longer an authorized carrier or warranty repair center as of March 1 after 17 years of selling and servicing products in the Sprinter portfolio. A Fyda official ...

Trumbull ranks 17th, Mahoning 22nd in unemployment

WARREN — Trumbull County’s 7.7 percent unemployment rate in January is 1.1 percent greater than December and ranks the county No. 17 among Ohio’s 88 counties, according to jobs numbers released Tuesday by the state. Mahoning County ranked No. 22 with a 7.2 percent unemployment, up from ...

Bank stocks see mixed results

Cortland Bancorp added $1 to its stock price in trading Tuesday, closing at $25 per share. First Niles Financial held steady at $8 per share.

Local gas prices below average

WARREN — Motorists in the Warren-Youngstown area are paying 7 cents less per gallon on average than drivers elsewhere in northeast Ohio. Drivers in Niles are paying 5 cents less. The price per gallon in Warren-Youngstown is $2.37, while in Niles it is $2.39, according to AAA East ...

Ohio unemployment rate rises slightly in Jan.

COLUMBUS — Ohio’s seasonally adjusted unemployment rate rose slightly from December to January. State officials Friday said the unemployment rate was 4.7 percent in January compared with 4.6 percent in December. The rate stood at 4.5 percent in January 2018. The national rate was 4 ...