Breaking News

Business

Kimberly-Clark considering building new distribution center

WARREN — Although the company has not completed construction of its first building, Kimberly-Clark Corp. representatives are laying the groundwork needed for a new enterprise zone agreement to place a warehouse on its property. “They are looking to receive a 60% tax abatement for 10 years,” Trumbull County Planning Assistant Director Nicholas Coggins told commissioners during Tuesday’s workshop meeting. The company is considering building a 591,000-square-foot building for a distribution center. “They are looking at a regional distribution center,” Coggins said. “This ...

Kimberly-Clark considering building new distribution center

WARREN — Although the company has not completed construction of its first building, Kimberly-Clark Corp. representatives are laying the groundwork needed for a new enterprise zone agreement to place a warehouse on its property. “They are looking to receive a 60% tax abatement for 10 years,” Trumbull County Planning Assistant Director Nicholas Coggins told commissioners during Tuesday’s workshop meeting. The company is considering building a 591,000-square-foot building for a distribution center. “They are looking at a regional distribution center,” Coggins said. “This ...

Sharp disagreements over economy threaten interest rate cut

WASHINGTON (AP) — What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat. In several speeches in the past week, some policymakers have registered greater concern over persistent inflation in an echo of the “affordability” concerns that played a large role in elections earlier this month. At the same time, another camp is much more concerned about meager hiring and the threat that the ...

Sharp disagreements over economy threaten interest rate cut

WASHINGTON (AP) — What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat. In several speeches in the past week, some policymakers have registered greater concern over persistent inflation in an echo of the “affordability” concerns that played a large role in elections earlier this month. At the same time, another camp is much more concerned about meager hiring and the threat that the ...

North American operations lead Vallourec earnings report

Vallourec’s North American operations highlight the multinational company’s spreadsheet, the French-based specialty steel business said last week as part of its third quarter earnings report. Its third-quarter revenue from tube sales totalled $389.5 million. The figure represented a 6% drop from the previous quarter but a 2% jump compared to third quarter 2024. Worldwide sales, including North America, for the quarter were $985.8 million, which represents a 1% increase in a year-to-year comparison. “Our advantaged manufacturing footprint and reputation for high-quality tubular ...

Career fair, open interviews at Meridian HealthCare

Meridian HealthCare will present an on-site career fair and open interviews 4 to 6 p.m. Thursday at its Meridian Road Campus, 527 N. Meridian Road, Youngstown. Meridian HealthCare’s recent designation as a federally qualified health center look-alike facility has fueled an increasing demand for high-quality health programs and services across Trumbull and Mahoning counties. To meet this need, Meridian is expanding and looking for qualified professionals. Candidates are asked to bring a resume and may complete applications on-site or ahead of time at: ...