GM Invests $14 Million for New Press at Parma Plant
Tuesday, March 04, 2014PARMA, Ohio -- General Motors announced Monday that it will invest $14 million at its Parma Metal Center to support the installation of a progressive press that can be used for die tryout and regular parts production.
Startup is scheduled for late this year or early 2015. The new press will help Parma enhance product quality and productivity in support of its customers across North America, the automaker said..
United Way to Host Golf Legends for Fundraiser
Tuesday, March 04, 2014YOUNGSTOWN, Ohio -- The United Way of Youngstown and the Mahoning Valley and Chris and Ed Muransky will host golfing legends Jack Nicklaus and Annika Sorenstam for the United Way’s largest fundraiser of the year. The event takes place April 23 at 6:30 p.m. the Lake Club in Poland.
'3 Minutes With' Tom Humphries, President/CEO, Regional Chamber
Tuesday, March 04, 2014YOUNGSTOWN, Ohio -- In today's "3 Minutes With,” Tom Humphries, president and CEO of the Youngstown/Warren Regional Chamber, discusses the metropolitan area’s selection as one of the top metro areas in the country for new and expanded facilities. Site Selection magazine announced its rankings Monday (READ STORY).
"3 Minutes With" is a daily video feature produced by The Business Journal.
Fracking Opponents Call for ODNR Chief to Resign
Tuesday, March 04, 2014YOUNGSTOWN, Ohio -- A coalition of environmental and citizen groups opposed to the use of hydraulic fracturing is demanding that the director of the Ohio Department of Natural Resources, James Zehringer, resign his position immediately.
Sweet to Retire from Boards of UCFC, Home Savings
Tuesday, March 04, 2014YOUNGSTOWN, Ohio -- David C. Sweet, former president of Youngstown State University, has informed the boards of United Community Financial Corp. and its subsidiary, The Home Savings and Loan Co., that he will not seek re-election as a director and retire just before the next annual meeting of UCFC.
UCFC announced Sweet’s decision Monday afternoon.Sweet’s most recent three-year terms expire this year. He has served 11 years on both boards.
Good Morning Boardman Breakfast Set for March 7
Tuesday, March 04, 2014YOUNGSTOWN, Ohio -- Boardman Township residents and business owners are invited to attend a free community breakfast, “Good Morning Boardman,” at 7:30 a.m. March 7. The event will take place at the Boardman Park Lariccia Family Community Center’s Rotary Room.
Sarah Boyarko, vice president, economic development, for the Youngstown/Warren Regional Chamber, will give a presentation on the Mahoning Valley economy. In addition, Greg Smith of Achievers USA will discuss “Leadership Tips for 2014.”
20 YSU Foundation Trustees Endorse Jim Tressel
Monday, March 03, 2014YOUNGSTOWN, Ohio -- Twenty members of the Board of Trustees of the Youngstown State University Foundation -- including its chairman and vice chairman -- are endorsing Jim Tressel to become the next president of Youngstown State University.
Their endorsement comes in a letter dated Feb. 27 to Dr. Sudershan K. Garg, chairman of the YSU Board of Trustees. Copies were sent as well to the 10 other trustees as well as to the secretary to the board, Franklin S. Bennett Jr.
Cruze Rides to Best February Sales Ever
Monday, March 03, 2014DETROIT -- Sales of the Chevrolet Cruze rose 21.7% during February compared to the same month in 2013, while overall sales of General Motors Co. vehicles slid 1% during the month, the company reported Monday.
Deliveries of the Cruze, the popular small car produced at GM's Lordstown Complex, reached 21,836 units during the month -- a record for sales of that car in February -- compared to 17,947 units sold in 2013, GM said. Cruze sales were the second-highest among GM's vehicle portfolio, behind the Chevrolet Silverado pickup truck, which saw 36,584 deliveries last month.
Valley House Sales Experience January Chill
Monday, March 03, 2014YOUNGSTOWN, Ohio -- Sales of houses in Mahoning and Trumbull counties in January chilled compared to December’s numbers, while Trumbull and Columbiana counties posted sales numbers up from January 2013, reports the Youngstown Columbiana Association of Realtors.
116-Year-Old Motor Plant Is Future of Manufacturing
Monday, March 03, 2014NORWOOD, Ohio -- In 1898, Bullock Electric constructed a large brick building in Norwood, Ohio, an enclave of 19,000 people that today is surrounded by metropolitan Cincinnati.
At the outset, Bullock Electric’s plant was used to assemble large motors for industrial use, and in the late 1970s the owners of the company, Allis-Chalmers, formed a joint venture with global electronics giant Siemens A.G.
All of this came together in 1985, when Siemens acquired the plant and incorporated it into its production portfolio.