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Business

America Makes inks $322 million agreement

YOUNGSTOWN — America Makes, the national additive manufacturing accelerator in Youngstown, has signed a new seven-year, $322 million agreement with the Air Force Research Laboratory to continue America Makes’ mission. The agreement calls for America Makes, part of the National Center ...

Local stock starts week with loss

Cortland Bancorp closed Monday at $21.90 per share, a drop of 85 cents from last week’s closing of $22.75. First Niles Financial closed at $7.77 per share, no change from last week’s closing. UAW bolsters

Fears prompt new safety tactics

OKLAHOMA CITY — Security is not subtle at the sprawling campus of human resources technology giant Paycom in Oklahoma City. Off-duty police officers roam the grounds, bolstering the company’s own force of armed guards. A basement command center that looks like something out of a spy movie ...

Fri. 12:35 p.m.: Former UAW president Jones has resigned UAW Membership

DETROIT - The United Auto Workers announced moments ago that Gary Jones has sent his resignation from membership in the union. Jones had faced internal UAW Article 30 charges that would have removed him from office and from his membership. He had previously resigned his office as President.

Cortland Bancorp stock surges before holiday

Cortland Bancorp surged in trading Wednesday, gaining 75 cents to close at $22.75 per share. First Niles Financial held steady for the third day in a row, closing at $7.77 per share. The stock market is closed today because of Thanksgiving and will reopen Friday.

Local bank stocks mixed

Cortland Bancorp on Tuesday lost three of the four pennies it gained on Monday, closing at an even $22 per share. First Niles Financial held steady to close at $7.77 per share on Tuesday.

Business Briefs

PNC DONATES: PNC Financial Services Group has donated $3,000 to Alta Head Start and to the YWCA of the Mahoning Valley to support early childhood education initiatives. Under PNC’s Grow Up Great program, employees can earn grants for organizations of their choice by volunteering 100 hours ...

Local bank stocks drop slightly

Cortland Bancorp lost two pennies in trading Friday, closing at $22 per share. First Niles Financial, which had held steady for the past week, lost 19 cents in trading Friday to close at $7.77 per share.

Cortland Bancorp continues gains in Thursday trading

Cortland Bancorp made a slight gain in trading Thursday, adding 3 cents to its 32-cent gain on Wednesday to close at $22.02 per share. First Niles Financial held steady for the fourth day in a row, closing at $7.96 per share.

Gander Outdoors in Howland to close

HOWLAND — Outdoor, hunting and camping retailer Camping World Holdings Inc. is closing its Gander Outdoors store at the Eastwood Mall as the company repositions its strategy toward recreational vehicle sales, service, parts and accessories. The Illinois-based company announced the shift in ...

Local bank stocks return mixed results Wednesday

Cortland Bancorp recouped some of Tuesday’s losses, gaining 32 cents Wednesday to close at $21.99 per share. First Niles Financial held steady for the third day in a row, closing at $7.96 per share.

Unemployment rate dips slightly in Trumbull County, Warren

WARREN — Trumbull County’s unemployment rate edged down for the second straight month in October to land at 5.8 percent, according to numbers released Tuesday by the Ohio Department of Job and Family Services. The rate slid down 0.3 percent, the amount it dropped in September, while ...

Local gas price below northeast Ohio average

WARREN — The average price for gasoline in the Warren-Youngstown and Niles areas is below the average for northeast Ohio, according to AAA East Central’s Gas Price Report The average this week for the region is $2.54. In the Warren-Youngstown area, the price is one penny cheaper at $2.53, ...

Avalon reports net revenue of $18M in third quarter

HOWLAND — Avalon Holdings Corp., a waste management and resort company in Howland, reported net operating revenue of $18 million in the third quarter of 2019, down $100,000 from the same quarter last year. Net income attributable to common shareholders was $100,000 for the quarter compared ...

Business briefs

QUALITY SWITCH GETS AWARD: The Youngstown Warren Regional Chamber and partner MAGNET honored and presented Quality Switch of Newton Falls with the third annual Excellence in Manufacturing Award last week. Quality Switch was chosen to receive the Excellence in Manufacturing Award, which ...

Sizing up holiday shopping season

NEW YORK — With two weeks until the official start of the holiday shopping season, the nation’s retailers are gearing up for what should be another brutally competitive shopping period. The good news? Many retail CEOs say the U.S. consumer is financially healthy given the economy remains ...

Bank stocks produce mixed results in Friday trading

Cortland Bancorp lost 50 cents in trading Friday, closing at $21.75 per share. First Niles Financial rallied slightly, gaining 16 of the 20 cents it lost on Thursday to close at $7.96 per share.