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Business

Mahoning Valley auto sales up again in May

WARREN — Automobile sales in the Mahoning Valley performed well in May, posting the fourth consecutive month of growth from the previous year, when the viral outbreak besieged the industry. Sales were up 27.5 percent for the month, which saw dealers deliver 5,246 vehicles, according to the ...

Business briefs

LOCAL CHAMBER SUPPORTS THE ARTS: The Warren Area Chamber of Commerce Education, Civic & Cultural Foundation recently distributed $25,000 in grants to two organizations to support the arts. They gave $20,000 to the Warren Community Amphitheatre Foundation to support the River Rock at the ...

Farmers exploring uncharted territories

CANFIELD — When Farmers National Banc Corp. completes its acquisition of Cortland Bancorp Inc., presumably sometime in the fourth quarter of this year, it expands the Canfield-based financial institution into uncharted territories of suburban Cleveland and Akron. At $124 million, it also ...

Chick-fil-A buys Austintown property for new restaurant

AUSTINTOWN — Fast-food giant Chick-fil-A has purchased property on Mahoning Avenue for $1.87 million to build what would be its fifth location in the Mahoning Valley. The popular Atlanta-based restaurant chain bought 3.21 acres at 5627 Mahoning Ave. and a 0.9-acre parcel at 5647 ...

LMC executives receive high pay, stock options

LORDSTOWN — Electric truck startup Lordstown Motors Corp., which gave its founder and former CEO a $750,000 severance when he resigned last week, has agreed to pay his temporary replacement $500,000 over the next five months. The amount due to interim CEO Angela Strand is contained in a ...

Business briefs

PARTNERSHIP TO FIGHT SCAMS: Premier Bank has partnered with the American Bankers Association and more than 1,300 banks across the U.S. to educate customers about the threat of phishing scams with the launch of a consumer awareness campaign called #BanksNeverAskThat. The campaign seeks to ...