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Company News: Penn National Reports ‘Solid’ Contribution from Austintown Racino | July 24, 2015

Penn National Reports ‘Solid’ Contribution from Austintown Racino

WYOMISSING, Pa. – Penn National Gaming Inc.’s two Ohio racinos, including one that opened in Austintown last September, are making “continued solid contributions” to the company’s bottom line, the company’s CEO said. Penn National, which owns Hollywood Gaming at Mahoning Valley Race Course, Thursday reported second-quarter revenues of $701.0 million and adjusted earnings before interest, […]

Company News: Quality Switch to Build $1M Voltage Testing Center | July 24, 2015

Quality Switch to Build $1M Voltage Testing Center

NEWTON FALLS, Ohio — Quality Switch Inc. intends to break ground on a new high-voltage testing and research center that company principals say will help expand its product line and improve its competiveness in the international market. “We’re being pressured to broaden our product scope,” says Larry Dix, Quality Switch president. “To do that requires […]

Company News: Alcoa Completes Acquisition of RTI International Metals | July 23, 2015

Alcoa Completes Acquisition of RTI International Metals

NEW YORK – Lightweight metals giant Alcoa completed its acquisition Thursday of Pittsburgh-based RTI International Metals Inc., which operates a large titanium mill in Niles, Ohio. The deal, worth $1.5 billion, was announced last March. Under the acquisition, RTI is a stand-alone business unit as part of Alcoa’s downstream Engineered Products and Solutions segment and […]