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Business

Victoria Road warehouses sold

AUSTINTOWN — A company affiliated with Dinesol Plastics Inc. in Niles and a company connected to Boardman-based Butter Maid Bakery have bought warehouse space, presumably for expansion or storage, in the industrial Victoria Road area. DPI Warehouse Inc, 195 Park Ave., Niles — the same ...

Children’s retailer owes Cafaro, lawsuits claim

WARREN — Landlords for seven Cafaro Company-owned shopping malls this week have filed legal action against a Secaucus, N.J., retailer that sells children’s clothing, seeking more than $550,000 in back rent and unpaid maintenance fees. The owner of Children’s Place stores in Cafaro’s ...

CIC plans to clear timber from property in Bazetta

WARREN — The Warren-Trumbull Community Improvement Corp. is working toward clearing 18 acres it controls in Bazetta, a move that could possibly entice some sort of development near the former Kmart distribution center. “We have had that in the portfolio for decades, and we were approached ...

Sharon Regional hospital closing cancer center March 8

WARREN — Sharon Regional Medical Center plans to close its Hermitage, Pa., cancer care center March 8 due to low patient demand, the hospital announced. “Despite our best efforts, patient demand has remained low, and Sharon’s cancer care center remains significantly underutilized,” ...

Mahoning Valley auto dealers end year down

WARREN — Automobile sales last month in the Mahoning Valley were off 7.1 percent from a year ago, a fitting, but unwelcome end to 2020 for dealers still trying to come back from down sales brought on the viral outbreak. There were 4,357 deliveries in December, off 336 compared to December ...

Girard company relocates to Tiffin

GIRARD — Centricity Automation LLC has been sold and relocated from its South State Street building to Tiffin, the company has announced. The company, founded in 1992 as Centricity Corp., manufactures general automation products. It has six patented product lines for the aerospace, ...

Family-owned Astro Shapes sold

STRUTHERS — A New York City-based private investment firm has acquired Astro Shapes LLC, a maker of custom-finished aluminum extrusions. Monomoy Capital Partners on Monday announced the acquisition but did not disclose terms of the transaction. Astro Shapes, a family-owned business ...

Valley leadership team earns award

YOUNGSTOWN — The Mahoning Valley Leadership Team, a coalition of elected, nonprofit, education and economic development officials, will be recognized for its efforts to boost community and economic development initiatives. The “Commitment to Community Excellence” is presented by ...

Business briefs

CREDIT UNION HAS FREE WEBINAR SERIES: Credit Union of Ohio, which recently expanded its service into Trumbull and Mahoning counties, will deliver a free, weekly financial webinar series to its communities in 2021. The series will start with Financial Fitness Boot Camp noon Wednesday. The ...

Manufacturers coalition gets OK for apprenticeship program

YOUNGSTOWN — The Mahoning Valley Manufacturers Coalition has gotten approval for its machinist apprenticeship program for inclusion in TechCred, the state’s workforce development and training initiative. Funding approval means participating manufacturers can apply for TechCred help to ...

Players sought for hackathon

WARREN — BRITE Energy Innovators is looking for participants for its BRITEhack 2021, the annual civic energy hackathon focused on addressing energy issues faced by community organizations. Needed to join are teams or individual engineers, designers, developers, project managers and ...

Area business saw some gains in tough year

WARREN — Sure, the viral outbreak dominated the headlines this year; it bludgeoned businesses, caused joblessness to spiral out of control and threw the economy into a tailspin. No doubt, COVID-19 was the No. 1 news story of the year, but dig a bit deeper and there was some positive local ...

Port authority retains two of its top officials

Staff report YOUNGSTOWN — The Western Reserve Port Authority has given new contracts to two of its top officials as it starts on a more than yearlong executive leadership transition. Executive director John Moliterno was awarded a new 14-month contract with the title of chief executive ...

Regional Chamber gets new members and officers

Staff report YOUNGSTOWN — The Youngstown Warren Regional Chamber has named seven new members and officers for 2021. They are: l New members — Jon Arnold, CEO / co-founder, The J. Arnold Wealth Management Company, LLC; Scott Fleming, co-president, AIM Transportation Solutions; Tom ...

Huntington, TCF to merge in $22B deal

WARREN — Detroit-based TCF National Bank, which just last year acquired Chemical Bank, will merge into Huntington National Bank of Columbus in a $22 billion deal that will create a top 10 regional bank in the U.S. Under terms of the agreement, the combined holding company and bank will ...

Penguin City Brewing buys downtown warehouse facility

YOUNGSTOWN — Penguin City Brewing Co. has bought the former Republic warehouse downtown with plans to invest $3.7 million to relocate its production line and open a taproom / restaurant, event center and rental space. The brewing company bought the 32,704-square-foot space for $575,000, ...

AAA reports lower gas prices

WARREN — The average price for gasoline across northeast Ohio is 10 cents lower this week at $1.96 per gallon, according to AAA East Central’s Gas Price Report. In the Warren-Youngstown area, the average per gallon price is $1.96 and in Niles, $1.99. This week last year, the average ...

Business briefs

YSU BRINGS ON WORKFORCE DIRECTOR: Jennifer Oddo, who has led workforce development efforts at IBM for the past five years, is the new executive director of Strategic Workforce Education and Innovation at Youngstown State University. Oddo will lead the YSU Center for Workforce Education and ...

Panelmatic settles in for growth

BROOKFIELD — When Panelmatic Inc. outgrew its manufacturing facility in Boardman, the company split its control house product line into another division and relocated to Brookfield. It was a move leaders at the Cincinnati-based company had been considering for some time, but they were a bit ...

Ohio’s casino revenue down 20 percent during November

WARREN — Revenue at Ohio’s four casinos was off 20 percent in November, a slide that’s likely due in large part to the state curfew meant to slow the spread of the surging viral outbreak. “It’s hard for us to say with absolute certainty, but I would say that is definitely going to ...