Ohio Launches Vacant Facilities Fund to Create Jobs
Monday, November 05, 2012COLUMBUS, Ohio -- The Ohio Development Services Agency has launched a program designed to find new uses for abandoned sites. The Ohio Vacant Facilities Fund will provide grants to help businesses create jobs in vacant and underused commercial buildings and business parks.
Historian Staughton Lynd to Speak at Steel Museum
Monday, November 05, 2012YOUNGSTOWN, Ohio -- Attorney and activist Staughton Lynd will present “The New Rank and File and the Walmart Moment” at the Youngstown Historical Center of Industry and Labor (Steel Museum) at 5:30 p.m. Thursday. The presentation is free and open to the public.
Patriot Water Sues ODNR, Seeks $3.5M in Damages
Saturday, November 03, 2012WARREN, Ohio -- Patriot Water Treatment LLC is seeking $3.5 million in damages in a lawsuit filed Friday against the Ohio Department of Natural Resources. Patriot, which treats brine wastewater at its plant here and disposes of it through the city's wastewater treatment plant, claims ODNR concealed and destroyed public documents.
McClendon Says He's 'Thrilled' with Utica Results
Friday, November 02, 2012YOUNGSTOWN, Ohio – The CEO of Chesapeake Energy Corp. says he's optimistic about natural-gas liquids production in Ohio's Utica shale, at the same attesting that acreage extending south from Columbiana County is among the best target areas in the United States.
"I think we have a really good handle of where the core of the core is," Aubrey McClendon said Friday morning during a conference call with analysts. "We feel like we own it."
Chesapeake Loses $2 Billion, Still Bullish on Utica Shale
Friday, November 02, 2012OKLAHOMA CITY – Chesapeake Energy Corp. suffered a third-quarter net loss of $2.01 billion, or $3.19 a share, the energy producer announced late Thursday, primarily the result of a $2 billion write-down in the value of dry natural gas deposits. The $2.01 billion loss compared to earnings of $922 million in the third quarter of 2011, or $1.23 per share.
Paul Ryan Coming Here Late Monday for Rally
Friday, November 02, 2012YOUNGSTOWN, Ohio – Republican vice presidential candidate Paul Ryan will make a return visit to the Mahoning Valley late Monday, hours before the polls opens, to headline a “Victory Rally” rally at the Youngstown-Warren Regional Airport in Vienna Township.
Ryan, continuing what it bills as the “Real Recovery Road Rally,” will attend an event at Atlantic Aviation in Reno, Nev., prior to the event at Winner Aviation. Doors for the event will open at 6:45 p.m. and the program is set to begin at 9:15 p.m. Additional midday events are to be announced as well.
Obama Camp Gets More Mileage from Romney Ads
Friday, November 02, 2012YOUNGSTOWN, Ohio – President Obama’s re-election campaign is trying to drive up the mileage guage on Republican presidential nominee Mitt Romney’s ads implying that General Motors and Chrysler are adding jobs in China at the expense of U.S. workers.
GM, Chrysler Report Solid Sales; Cruze Up 34%
Friday, November 02, 2012YOUNGSTOWN, Ohio – General Motors Co. and Chrysler Group LLC reported stronger sales during October as dealers on the East Coast wrestle with the aftermath of Hurricane Sandy.
Chrysler reported Thursday that it experienced its best October sales in five years on a volume of 126,185 units, a 10% increase over the same period last year.
And, GM said its October sales were the best in five years as it posted a 5% gain compared to a year ago when it sold 195,764 new vehicles.
'3 Minutes With' Jim Tressel, University of Akron
Friday, November 02, 2012CANFIELD, Ohio -- In today's "3 Minutes With" video, Jim Tressel, vice president of strategic engagement at the University of Akron, shares his insights on accomplishing larger goals by focusing on immediate tasks. Tressel, former head football coach at Ohio State University and Youngstown State University, spoke at Thursday’s Achievers USA program at Avion on the Water.