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GM Reports 2014 Net Income of $2.8 Billion

DETROIT — General Motors Co. today announced fourth quarter net income attributable to common stockholders of $1.1 billion, or 66 cents per diluted share, which included a net loss from special items of $0.9 billion or 53 cents per share. For the full year, GM said net income attributable to common stockholders was $2.8 billion, […]

DETROIT -- General Motors Co. today announced fourth quarter net income attributable to common stockholders of $1.1 billion, or 66 cents per diluted share, which included a net loss from special items of $0.9 billion or 53 cents per share. For the full year, GM said net income attributable to...

Metroplex Owner Sues Girard, Liberty for $12.5M

YOUNGSTOWN, Ohio — The company that operated the Metroplex Hotel and Conference Center in Liberty Township is seeking $12.5 million from township and Girard city officials in a civil rights lawsuit filed in U.S. District Court. In the lawsuit, Aswin Ganapathy Hospitality Associates Inc. of Hubbard and Indira Periysamy of Lancaster, Pa., Aswin’s managing member, […]

YOUNGSTOWN, Ohio -- The company that operated the Metroplex Hotel and Conference Center in Liberty Township is seeking $12.5 million from township and Girard city officials in a civil rights lawsuit filed in U.S. District Court. In the lawsuit, Aswin Ganapathy Hospitality Associates Inc. of Hubbard and Indira Periysamy of...

Domestic Automakers See Higher Sales in January

YOUNGSTOWN, Ohio — Auto sales increased in January for all three domestic automakers, with General Motors Co. reporting the biggest increase, up 18%. Sales of GM’s Chevrolet Cruze, built in Lordstown, were up 11.1% in January from a year earlier with 18,693 units sold across the country. The car was Chevy’s third-best selling vehicle behind […]

YOUNGSTOWN, Ohio -- Auto sales increased in January for all three domestic automakers, with General Motors Co. reporting the biggest increase, up 18%. Sales of GM’s Chevrolet Cruze, built in Lordstown, were up 11.1% in January from a year earlier with 18,693 units sold across the country. The car was...

New Warehouse Enables B.J. Alan to Double Capacity

WARREN, Ohio — B.J. Alan Co. has positioned itself for explosive growth, three years after the consumer fireworks company purchased a portion of the former Delphi Packard Electrical Corp. complex on Larchmont Avenue. “Welcome to the largest fireworks warehouse in the United States,” says William Weimer, vice president of B.J. Alan, as he greets visitors. […]

WARREN, Ohio -- B.J. Alan Co. has positioned itself for explosive growth, three years after the consumer fireworks company purchased a portion of the former Delphi Packard Electrical Corp. complex on Larchmont Avenue. "Welcome to the largest fireworks warehouse in the United States," says William Weimer, vice president of B.J....

TNP Spends $560K to Improve Quality of Life

WARREN, Ohio — The Trumbull Neighborhood Partnership spent 2014 “returning derelict vacant properties to productive use,” helping residents become homeowners, restoring houses, encouraging urban farms and more healthful diets, its executive director, Matt Martin says. In its 12-page annual report, released Friday, the partnership recapped its community outreach efforts, urban farm activities, and work with […]

WARREN, Ohio -- The Trumbull Neighborhood Partnership spent 2014 “returning derelict vacant properties to productive use,” helping residents become homeowners, restoring houses, encouraging urban farms and more healthful diets, its executive director, Matt Martin says. In its 12-page annual report, released Friday, the partnership recapped its community outreach efforts, urban...

CTW Plans Additional Development South of Plaza

YOUNGSTOWN, Ohio — CTW Development Corp. plans to further develop land south of the retail plaza in Boardman it purchased Thursday. The acquisition is part of CTW’s efforts to position itself with more real estate in the Boardman-Canfield area, says Chuck Whitman, CTW president. “We believe in the area. We believe that growth is coming […]

YOUNGSTOWN, Ohio -- CTW Development Corp. plans to further develop land south of the retail plaza in Boardman it purchased Thursday. The acquisition is part of CTW’s efforts to position itself with more real estate in the Boardman-Canfield area, says Chuck Whitman, CTW president. “We believe in the area. We...

New Ohio Racinos Meet Penn National Expectations

YOUNGSTOWN, Ohio — Penn National Gaming Inc. officials say they are basing their expectations for Austintown’s Hollywood Gaming at Mahoning Valley Race Course on early performance figures for its Hollywood Casino in Toledo. On a conference call to discuss Penn National’s fourth-quarter performance, Timothy Wilmott, president and CEO, and Jay Snowden, chief operating officer, praised […]

YOUNGSTOWN, Ohio -- Penn National Gaming Inc. officials say they are basing their expectations for Austintown’s Hollywood Gaming at Mahoning Valley Race Course on early performance figures for its Hollywood Casino in Toledo. On a conference call to discuss Penn National’s fourth-quarter performance, Timothy Wilmott, president and CEO, and Jay...

National Authority Renews CFMV Accreditation

YOUNGSTOWN, Ohio — The Community Foundations National Standards Board has again accredited the Community Foundation of the Mahoning Valley, CFMV announced today. The Community Foundations National Standards Board is a national authority that reviews community foundations for operational excellence, according to the news release. CFMV is the only community foundation in the Mahoning Valley with […]

YOUNGSTOWN, Ohio -- The Community Foundations National Standards Board has again accredited the Community Foundation of the Mahoning Valley, CFMV announced today. The Community Foundations National Standards Board is a national authority that reviews community foundations for operational excellence, according to the news release. CFMV is the only community foundation...