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BigK Sells for $1.675M, Antone’s for $700K

CALCUTTA, Ohio –The CEO of the Busy Beaver chain of building product stores has purchased the BigK (Kmart) store at 15891 state Route 170 here for $1.675 million. The transaction, which closed Aug. 22, was the largest commercial real estate deal last month in Columbiana, Mahoning and Trumbull counties. The BigK store here has escaped […]

CALCUTTA, Ohio –The CEO of the Busy Beaver chain of building product stores has purchased the BigK (Kmart) store at 15891 state Route 170 here for $1.675 million. The transaction, which closed Aug. 22, was the largest commercial real estate deal last month in Columbiana, Mahoning and Trumbull counties. The...

Execs Worry about Growing Scarcity of Skilled Workers

NEW YORK – Business executives maintained their generally upbeat view of prospects for the U.S. economy, and have upgraded expectations for profit and revenue growth over the next 12 months, according to the third-quarter AICPA Economic Outlook Survey. But there is a dark cloud on the horizon: the growing scarcity of suitable job candidates. The survey […]

NEW YORK – Business executives maintained their generally upbeat view of prospects for the U.S. economy, and have upgraded expectations for profit and revenue growth over the next 12 months, according to the third-quarter AICPA Economic Outlook Survey. But there is a dark cloud on the horizon: the growing scarcity of...

Farmers Banc Corp. Increases Dividend 50%

CANFIELD, Ohio – Farmers National Banc Corp. will pay a cash dividend of 6 cents per share Sept. 29 to shareholders of record Sept. 8. The third quarter dividend was declared Tuesday by the company’s board of directors. It represents a 50% increase over the 2016 third-quarter dividend payment, says Kevin Helmick, CEO and president. […]

CANFIELD, Ohio – Farmers National Banc Corp. will pay a cash dividend of 6 cents per share Sept. 29 to shareholders of record Sept. 8. The third quarter dividend was declared Tuesday by the company’s board of directors. It represents a 50% increase over the 2016 third-quarter dividend payment, says...

Tips for Succession Planning in Family Business

YOUNGSTOWN, Ohio – As a parent, there’s nothing better than watching one’s children succeed, whether it’s scoring a winning goal or getting accepted to college. If a business owner wants to pass his business on to the next generation, he’ll want the same feeling. Giving one’s children the opportunity to take the business to the […]

YOUNGSTOWN, Ohio – As a parent, there’s nothing better than watching one's children succeed, whether it’s scoring a winning goal or getting accepted to college. If a business owner wants to pass his business on to the next generation, he’ll want the same feeling. Giving one's children the opportunity to...

How Appraisers Interpret Market for Valuations

YOUNGSTOWN, Ohio – Like the real estate market, one of the first things that stands out to Jason Vantell when he appraises real estate is “location, location, location. “That’s probably the generic answer,” he says with a laugh. Vantell is president of Vantell Associates in Boardman. That makes sense. The two fields are closely related. […]

YOUNGSTOWN, Ohio – Like the real estate market, one of the first things that stands out to Jason Vantell when he appraises real estate is “location, location, location. “That’s probably the generic answer,” he says with a laugh. Vantell is president of Vantell Associates in Boardman. That makes sense. The...

20 Charged in $16M Money Laundering Scheme

BOARDMAN, Ohio – All but three of the 20 indicted on federal charges of conspiracy to commit wire fraud and bank fraud and conspiracy to commit money laundering had been arrested by mid-afternoon Wednesday. The 20 are accused of fraudulently diverting and depositing $16 million in banks here, elsewhere in the United States, Canada and […]

BOARDMAN, Ohio – All but three of the 20 indicted on federal charges of conspiracy to commit wire fraud and bank fraud and conspiracy to commit money laundering had been arrested by mid-afternoon Wednesday. The 20 are accused of fraudulently diverting and depositing $16 million in banks here, elsewhere in...

With Economy Improving, Banks Make More Loans

YOUNGSTOWN, Ohio — As the local economy continues to improve, commercial bankers are working with small businesses to help them grow by providing credit and financial services to better manage their companies. “This community is resilient and we came through a recession. As I’m out speaking to customers, they’re very optimistic,” says Daryl Cameron, vice […]

YOUNGSTOWN, Ohio -- As the local economy continues to improve, commercial bankers are working with small businesses to help them grow by providing credit and financial services to better manage their companies. “This community is resilient and we came through a recession. As I’m out speaking to customers, they’re very...

Microloans Fill Gaps for Small Companies

YOUNGSTOWN, Ohio – For seven years, Tracy Jordan ran Happy Campers Learning Center out of her home. As her clientele grew and she faced the limit of what her Type B day care license allowed, she began looking for new space. She settled on a site, the Bethlehem Lutheran Church on Midlothian Boulevard, but it […]

YOUNGSTOWN, Ohio – For seven years, Tracy Jordan ran Happy Campers Learning Center out of her home. As her clientele grew and she faced the limit of what her Type B day care license allowed, she began looking for new space. She settled on a site, the Bethlehem Lutheran Church...

Banks, Credit Unions Help Students Manage Finances

YOUNGSTOWN, Ohio – There’s a lot of work before a student starts college – tuition and financial aid packages to review, textbooks to buy, bags to pack and unpack, a dorm room to decorate. And as the school year begins, many college students find themselves responsible for the first time to manage their day-to-day expenses. […]

YOUNGSTOWN, Ohio – There’s a lot of work before a student starts college - tuition and financial aid packages to review, textbooks to buy, bags to pack and unpack, a dorm room to decorate. And as the school year begins, many college students find themselves responsible for the first time...

Huntington Bank to Give Away 1,000 Backpacks

YOUNGSTOWN, Ohio — Huntington Bank is giving away nearly 1,000 backpacks throughout Mahoning, Trumbull, Columbiana and Mercer counties to help children get ready for the upcoming school year. The giveaway, announced this morning during a press event, is part of Huntington’s annual backpack initiative in partnership with the United Way, WFMJ and Great Clips “Stuff […]

YOUNGSTOWN, Ohio -- Huntington Bank is giving away nearly 1,000 backpacks throughout Mahoning, Trumbull, Columbiana and Mercer counties to help children get ready for the upcoming school year. The giveaway, announced this morning during a press event, is part of Huntington’s annual backpack initiative in partnership with the United Way,...