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Company News: Port Authority Sues ADI for Fraud, Seeks $361,714 | May 17, 2017

Port Authority Sues ADI for Fraud, Seeks $361,714

YOUNGSTOWN, Ohio – The Western Reserve Port Authority today approved moving forward with a lawsuit against Aerodynamics Inc. and three of its related entities, including Great Lakes Jet Express, which last year briefly offered passenger service from Youngstown-Warren Regional Airport to Chicago. The litigation, filed April 20 in Trumbull County Common Pleas Court by the […]

Company News: GM Lordstown Production Won’t Change After Shutdown | May 17, 2017

GM Lordstown Production Won’t Change After Shutdown

YOUNGSTOWN, Ohio – After meetings in Detroit with officials from General Motors, union leaders at the plant in Lordstown have announced that the complex’s production speed won’t be changed after a shutdown this summer, preventing further layoffs. “At this point in time, the previously announced de-rate has been postponed indefinitely,” said a flyer posted on […]

Company News: Chemical Bank Gives $5K to Trumbull United Way Program | May 16, 2017

Chemical Bank Gives $5K to Trumbull United Way Program

WARREN, Ohio – Chemical Bank has donated $5,000 to support United Way of Trumbull County’s “Ready, Set, Go!” program, a two-week program for students who need help preparing for the Ohio Third Grade Reading Test. “We are committed to giving back to the communities we serve,” said Chemical’s regional president, Mark Wenick, in a release.  […]

Company News: FirstEnergy CEO Expresses Confidence to Shareholders | May 16, 2017

FirstEnergy CEO Expresses Confidence to Shareholders

AKRON, Ohio — Shareholders of FirstEnergy Corp. today heard the utility’s CEO, Charles E. Jones, deliver an upbeat assessment of what he called “significant progress toward its goal of transitioning into a more fully regulated company that is better positioned to meet the energy needs of its customers, support its communities, and deliver greater value […]

Company News: FirstEnergy Solutions ‘Flirting with Bankruptcy,’ Report Finds | May 16, 2017

FirstEnergy Solutions ‘Flirting with Bankruptcy,’ Report Finds

YOUNGSTOWN, Ohio – Energy giant FirstEnergy Solutions, an Akron-based subsidiary of FirstEnergy Corp., is “flirting with bankruptcy” and is unlikely to find a buyer for its outdated coal and nuclear-power generating plants in Ohio and Pennsylvania, according to an assessment by Cleveland-based Institute for Energy Economics and Financial Analysis. The study said the fortunes of […]

Company News: Two Regional Chamber Foundations Distribute $111K in 2016 | May 12, 2017

Two Regional Chamber Foundations Distribute $111K in 2016

YOUNGSTOWN, Ohio – Two foundations managed by the Youngstown Warren Regional Chamber distributed $111,000 to support projects in Trumbull County last year, the chamber announced. Through the Warren Area Chamber of Commerce Education, Civic & Cultural Foundation, $11,000 was donated to the Warren Philharmonic Orchestra and the Kent State University Foundation. Since it was created […]