OKLAHOMA CITY– Chesapeake Energy Corp. announced Monday that it’s reducing the company’s 2015 capital budget by $500 million, bringing it down to a range of $3.5 million to $4 million. Chesapeake said it would operate 25–35 rigs in 2015, which…
PITTSBURGH — Alcoa has reached a definitive agreement to purchase RTI International Metals Inc. in a stock-for-stock transaction that has an enterprise value of $1.5 billion. The deal was announced this morning. RTI is a global supplier of titanium and…
ORRVILLE, Ohio — Farming has become as high-tech as manufacturing. Robotics are just as integral to raising livestock as to the autoworkers who produce Cruzes at the General Motors Co. complex in Lordstown. Agricultural lending, on the other hand, is…
YOUNGSTOWN, Ohio — The Vallourec Group, the French corporation that operates Vallourec Star’s pipe mill here says it’s taking “immediate and structural measures” to reduce total man-hours by 15% in its mills worldwide and its workforce by “approximately 7%.” No…
WARREN, Ohio — There was a time in the not that distant past when an advertisement posted by Delphi Corp. announcing it was hiring employees for its Mahoning Valley operations would draw 2,000 or more applicants. They would form a…
YOUNGSTOWN, Ohio — Prima Health Care’s new campus in Beaver Township will accommodate continued growth by the company, its president, Nick DeMaiolo, says. Prima Health Care is targeting “early 2016” to complete construction of the two-story building, which DeMaiolo acknowledges…
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,…
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