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WRPA Awaits Word on DOT’s Response to ADI

VIENNA TOWNSHIP, Ohio — Western Reserve Port Authority officials are awaiting word on whether Aerodynamics Inc. will be permitted to provide daily passenger service from the Youngstown-Warren Regional Airport. Tomorrow is the deadline for the U.S. Department of Transportation to respond to ADI’s response, filed last Thursday, to the department’s show cause order that not […]

VIENNA TOWNSHIP, Ohio -- Western Reserve Port Authority officials are awaiting word on whether Aerodynamics Inc. will be permitted to provide daily passenger service from the Youngstown-Warren Regional Airport. Tomorrow is the deadline for the U.S. Department of Transportation to respond to ADI’s response, filed last Thursday, to the department’s...

Chamber Provides Insights on Site Selection Process

YOUNGSTOWN, Ohio — The World War II era admonition “Loose lips sink ships” conveys the top reason communities lose out on economic development projects, says the Youngtown Warren Regional Chamber’s Sarah Boyarko. “The lack of confidentiality is just a project killer,” Boyarko, vice president of economic development, North America, for the chamber, said Tuesday. Lack […]

YOUNGSTOWN, Ohio -- The World War II era admonition “Loose lips sink ships” conveys the top reason communities lose out on economic development projects, says the Youngtown Warren Regional Chamber's Sarah Boyarko. “The lack of confidentiality is just a project killer,” Boyarko, vice president of economic development, North America, for...

SBA Report Documents Dominance of Small Firms

YOUNGSTOWN, Ohio — There are nearly 28.5 million small businesses operating in the United States and of that total, 926,977 are operating in Ohio, 999,591 in Pennsylvania. The numbers come from the U.S. Small Business Administration’s Office of Advocacy, which has released reams of data showing half of the nation’s private workforce is employed by […]

YOUNGSTOWN, Ohio -- There are nearly 28.5 million small businesses operating in the United States and of that total, 926,977 are operating in Ohio, 999,591 in Pennsylvania. The numbers come from the U.S. Small Business Administration’s Office of Advocacy, which has released reams of data showing half of the nation’s...

CCPA Uses Farmers Bank to Refinance Its Debt

EAST LIVERPOOL, Ohio – The Columbiana County Port Authority Thursday contracted with Farmers National Bank of Canfield to borrow up to $3.07 million to refinance debt owed the state of Ohio and to act as its depository bank. In a special meeting yesterday morning, the board also entered into a memorandum of understanding to establish […]

EAST LIVERPOOL, Ohio – The Columbiana County Port Authority Thursday contracted with Farmers National Bank of Canfield to borrow up to $3.07 million to refinance debt owed the state of Ohio and to act as its depository bank. In a special meeting yesterday morning, the board also entered into a...

Bankers Address Economic Issues at Chamber Event

BOARDMAN, Ohio — Consumers clearly are benefiting from low energy prices but those same low prices can have a negative effect on regional economies and communities tied to oil and gas production as is being experienced in the Mahoning Valley, a financial adviser with First National Bank of Pennsylvania says. Renee D. Laychur, senior vice […]

BOARDMAN, Ohio -- Consumers clearly are benefiting from low energy prices but those same low prices can have a negative effect on regional economies and communities tied to oil and gas production as is being experienced in the Mahoning Valley, a financial adviser with First National Bank of Pennsylvania says....

Economists: Consumers Confident, Business Set to Spend

YOUNGSTOWN, Ohio — It took more than five years of economic recovery – the Great Recession officially ended in June 2009 – before small businesses and consumers here at last felt they were in one. The reasons why are many and varied. A.J. Sumell, professor of economics at Youngstown State University, notes that the economy […]

YOUNGSTOWN, Ohio -- It took more than five years of economic recovery – the Great Recession officially ended in June 2009 – before small businesses and consumers here at last felt they were in one. The reasons why are many and varied. A.J. Sumell, professor of economics at Youngstown State...

CityScape Hires Activist Kidd as Associate Director

YOUNGSTOWN, Ohio — Youngstown CityScape will move to new offices over the next few weeks, but not before the organization grows with the addition to its staff of downtown activist Phil Kidd. The founder of the Defend Youngstown and Youngstown Nation campaigns, Kidd begins his new position today as associate director of CityScape. The CityScape […]

YOUNGSTOWN, Ohio -- Youngstown CityScape will move to new offices over the next few weeks, but not before the organization grows with the addition to its staff of downtown activist Phil Kidd. The founder of the Defend Youngstown and Youngstown Nation campaigns, Kidd begins his new position today as associate...

$5.9M Renovation of Gallagher Building Set for Spring

YOUNGSTOWN, Ohio — Dominic L. Gatta III, president of the Gatta Co., says the $5.9 million renovation of the Gallagher Building downtown will begin “in the next couple of months” and include 18 apartments on the upper floors. A restaurant-brewery will occupy the first floor. “In a perfect world, we’d be done by the end […]

YOUNGSTOWN, Ohio -- Dominic L. Gatta III, president of the Gatta Co., says the $5.9 million renovation of the Gallagher Building downtown will begin “in the next couple of months” and include 18 apartments on the upper floors. A restaurant-brewery will occupy the first floor. “In a perfect world, we'd...

Only 2 of 81 Properties Remain for Downtown CIC

YOUNGSTOWN, Ohio — With its involvement in the disposition of the Wells Building complete, the Youngstown Central Area Community Improvement Corp. turns its attention to the Armed Forces/State Theatre property. The properties on West Federal Street are the last two parcels of the 81 the downtown CIC was charged with improving two decades ago, facilities […]

YOUNGSTOWN, Ohio -- With its involvement in the disposition of the Wells Building complete, the Youngstown Central Area Community Improvement Corp. turns its attention to the Armed Forces/State Theatre property. The properties on West Federal Street are the last two parcels of the 81 the downtown CIC was charged with...

Area Unemployment Shows Year-Over-Year Decline

YOUNGSTOWN, Ohio — Despite a slight uptick in rates in December, unemployment in Mahoning, Trumbull and Columbiana counties finished last year about two percentage points lower than 2013, data released this morning show. Both Columbiana and Mahoning counties posted an average unemployment rate during 2014 of 6.2%, down from 2013’s 8.1% in Columbiana County and […]

YOUNGSTOWN, Ohio -- Despite a slight uptick in rates in December, unemployment in Mahoning, Trumbull and Columbiana counties finished last year about two percentage points lower than 2013, data released this morning show. Both Columbiana and Mahoning counties posted an average unemployment rate during 2014 of 6.2%, down from 2013’s...