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Business

Vehicles sales continue to eclipse 2018 numbers

WARREN — Automobile dealers in the Mahoning Valley continue to sell vehicles at a pace well ahead of 2018. Through October, dealerships sold 83,168 vehicles to buyers across Ohio and for the month, they sold 8,740 vehicles — nearly 10 percent more than the 75,779 sold in the first 10 ...

Home sales rise slightly in Trumbull County

WARREN — Sales of single-family homes in Trumbull County through September are slightly ahead of the pace set in the first nine months of 2018, are selling for nearly 11 percent more and are spending less time on the market. There were 1,580 closed sales countywide, up 0.7 percent from ...

Arconic 3Q revenue up over 2018

WARREN — Arconic, which has a facility in Weathersfield, had third- quarter 2019 revenue of $3.6 billion, up 1 percent from the same period in 2018. The company reported organic revenue was up 6 percent based on strong volumes across key markets and favorable pricing in the engineered ...

Small business space tech conference today

YOUNGSTOWN — The Space Foundation will present a free conference today to help local small businesses be better positioned in the space-based technology industry. The event, in partnership with BRITE Energy Innovators in Warren, the Youngstown Business Incubator and Youngstown State ...

Huntington’s 3Q results dip 2 percent from last year

YOUNGSTOWN — Columbus-based Huntington Bancshares Incorporated has reported net income for the third quarter of 2019 of $372 million, a decrease of 2 percent from the same quarter last year. Earnings per common share for the period ending Sept. 30 were 34 cents, up 3 percent for the same ...

Farmers still outpacing last year through three quarters

CANFIELD — Farmers National Banc Corp. reported net income for the third quarter of 2019 was $9.2 million, up from $8.1 million for the same three months last year and from $8.5 million from the previous quarter. The $9.2 million represents 33 cents per diluted share compared to 29 cents ...

Home Savings Bank parent reports net income of $10.5M

YOUNGSTOWN — United Community Financial Corp., the parent company of Home Savings Bank, has announced a 2019 third-quarter net income of $10.5 million, a 10.2 percent increase to same quarter ending Sept. 30, 2018. Diluted earnings per share were 21 cents for the quarter, up nearly 15 ...

Arconic declares dividend of 93.7 cents per stock

WARREN — Arconic, which has a facility in Weathersfield, has announced a dividend of 93.7 cents per share on the company’s Class A stock, payable Jan. 1 to holders at the close of business on Dec. 13. Arconic makes aluminum, titanium or nickel parts for planes, cars and electronics.

Millwood acquires CORE brand

VIENNA — Millwood Inc. has finalized the purchase of CORE Erosion Control Services, signaling a new product brand and Millwood’s 30th location nationwide. CORE Erosion Control Services, based out of Sewell, N.J., is a leading supplier of erosion and sediment control. Millwood Inc. is a ...

$1 million gift given to Akron Children’s Hospital

Akron Children’s Hospital’s CEO emeritus William H. Considine was honored recently for his decades of service, but Considine, too, honored the hospital. At an Oct. 12 gala at Akron’s Stan Hywet Hall & Gardens, Considine announced a gift from he and his wife, Becky, of $1 million ...

Business briefs

YSU HOSTS TECH WORKSHOPS: Youngstown State University will host “Technology Takes the Wheel,” a series of seminars focused on the future of autonomous vehicles and one-day workshop to explore opportunities in space-based technology markets. The autonomous vehicle series starts at 8 a.m. ...

Business briefs

LOCAL INSURANCE AGENT HONORED: Randy L. Jones of Champion Insurance in Warren was recently recognized for professional leadership and advanced knowledge by the Society of Certified Insurance Counselors (CIC), a leading national insurance professional organization. He was awarded a certificate ...

Business briefs

HOSPITAL SEEKS COLLEGE STUDENTS: Akron Children’s Hospital is looking for college students for the 2020 Summer Pediatric Research Scholars program. Hosted by the Rebecca D. Considine Research Institute, the 10-week program is for college sophomores and juniors considering careers in a wide ...

Lordstown Energy Center named a ‘Top Plant’

LORDSTOWN — Lordstown Energy Center is among six natural gas-fired power plants in the U.S. and abroad named a top performer in the electric generating industry. The “Top Plant” award is from industry magazine POWER Mag, which has been in circulation since 1882, the same year Thomas ...

Chamber staffers recognized for work

WARREN — The Youngstown Warren Regional Chamber’s director of Government and Public Affairs, Nick Santucci, and manager of Business Development, Shea MacMillan, were recognized by the Ohio Economic Development Association for their work in economic development and government affairs. ...

Youngstown Goodwill plans mobile classroom launch

YOUNGSTOWN — Youngstown Area Goodwill Industries will unveil MOTIVE, a mobile classroom for digital skills instruction, 3 to 6 p.m. Thursday at the organization’s headquarters, 2747 Belmont Ave., Youngstown. The classroom is equipped with laptop computers and wireless internet to support ...

Local gas prices below average in northeast Ohio

WARREN — The average price of gas in the Warren-Youngstown and Niles areas is below the rest of northeast Ohio, according to AAA East Central’s Gas Price Report. In Warren-Youngstown, the average is $2.46 per gallon and in Niles, $2.36 per gallon. The average price for the region is ...

Vehicles sales in Valley surging

WARREN — Automobile sales in Trumbull, Mahoning and Columbiana counties leaped 16 percent in September from last year as dealers in the region continue to post numbers well ahead of the pace set in 2018. Mahoning Valley dealerships sold 5,006 vehicles last month to buyers across Ohio, up ...

Business briefs

YSU BUSINESS INTERNS: The internship program at Youngstown State University’s Williamson College of Business Administration recently provided seven YSU business students with full-time paid exporting internships in the region. This is the fifth year the the business college has partnered ...

Venture Plastics gets Nissan Altima contract

NEWTON FALLS — Venture Plastics Inc. got the reason it needed to expand when it was awarded a contract to mold the plastic trunk finisher for the 2019 Nissan Altima. To make the part that protects the trunk’s latch mechanism, the company needed a new injection molding machine because the ...