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Mahoning Valley Businesses Cash In On the Green
Thursday, March 17, 2005YOUNGSTOWN, Ohio -- Businesses that excel in the wearin' o' the green today will fill their pots o' gold. St. Patrick's Day isn't just a day to honor the patron saint of Ireland anymore, it's also a day for businesses to cash in on the green.This year, Americans are expected to spend $1.94 billion on food, beverages and decorations to celebrate St. Patrick's Day, and some businesses are expecting sales to soar by more than 50%."St.
Rendell Delivers $1.8 Million for Mercer County Projects
Thursday, March 17, 2005SHARON, Pa -- More than $1.85 million in state funding is one its way to the cities of Sharon, Sharpsville and Farrell, Pa., and to the borough of Jamestown -- all in Mercer County -- following a stop here today by Pa. Gov. Edward G. Rendell.
Joy Cone Announces $12 Million Plant Expansion
Thursday, March 17, 2005SHARON, Pa -- Joy Cone Co. today announced a $12 million expansion and modernization at its production facility in Hermitage, Pa., that will result in the creation of 100 jobs within three years and the retention of 325 existing jobs. The expansion was announced by Pa. Gov. Edward G. Rendell during his visit this morning to Sharon."This project is great news for Mercer County," Rendell said.
Youngstown Approves Demolition of Masters Tuxedo Block
Thursday, March 17, 2005By Dan O'BrienYOUNGSTOWN, Ohio -- The effort to rid downtown of long-standing blight reached another milestone last night as City Council cleared the way for demolition of a whole block of mostly vacant, dilapidated buildings.At last night's meeting, council voted to move ahead with razing the eyesore structures that occupy what is popularly known as the Masters Tuxedo block, named for the Masters Tuxedo building along Federal Street.Council voted 7-0 to give the city's board of control authority to advertise bids and enter into a professional services agreement for demolition of the building
No Profits Down the (Short-Term) Road, GM Warns"
Thursday, March 17, 2005DETROIT General Motors Corp. saw its stock price fall 14% yesterday -- down to $29.01 per share, the lowest price since the October 1987 market collapse -- as the automaker warned investors it would post a $1 billion loss for the first six months.The automaker also said it would make 300,000 fewer vehicles this year than it anticipated. That bad news fueled downward spirals for automotive suppliers such as Delphi Corp., whose biggest customer is GM. At the close of trading Wednesday, Delphi's already battered stock price had fallen to $4.64 a 6% one-day decline.
HUD Gets Complaint on Use of Convocation Center Funds
Thursday, March 17, 2005YOUNGSTOWN, Ohio -- Questions raised regarding the city's use of a federal grant to purchase land for the Youngstown Convocation center and to defend itself in a public-records lawsuit filed by The Business Journal have been referred to the Inspector General's office of the Department of Housing and Urban Development.According to a letter sent to mayoral candidate William E.
Rendell Delivers $1.8 Million for Mercer County Projects
Wednesday, March 16, 2005"SHARON, Pa -- More than $1.85 million in state funding is one its way to the cities of Sharon, Sharpsville and Farrell, Pa., and to the borough of Jamestown -- all in Mercer County -- following a stop here today by Pa. Gov. Edward G. Rendell.
Joy Cone Announces $12 Million Plant Expansion
Wednesday, March 16, 2005"SHARON, Pa -- Joy Cone Co. today announced a $12 million expansion and modernization at its production facility in Hermitage, Pa., that will result in the creation of 100 jobs within three years and the retention of 325 existing jobs. The expansion was announced by Pa. Gov. Edward G. Rendell during his visit this morning to Sharon."This project is great news for Mercer County," Rendell said.
Youngstown Approves Demolition of Masters Tuxedo Block
Wednesday, March 16, 2005"By Dan O'BrienYOUNGSTOWN, Ohio -- The effort to rid downtown of long-standing blight reached another milestone last night as City Council cleared the way for demolition of a whole block of mostly vacant, dilapidated buildings.At last night's meeting, council voted to move ahead with razing the eyesore structures that occupy what is popularly known as the Masters Tuxedo block, named for the Masters Tuxedo building along Federal Street.Council voted 7-0 to give the city's board of control authority to advertise bids and enter into a professional services agreement for demolition of the buildin
"No Profits Down the (Short-Term) Road, GM Warns"
Wednesday, March 16, 2005"DETROIT -- General Motors Corp. saw its stock price fall 14% yesterday -- down to $29.01 per share, the lowest price since the October 1987 market collapse -- as the automaker warned investors it would post a $1 billion loss for the first six months.The automaker also said it would make 300,000 fewer vehicles this year than it anticipated. That bad news fueled downward spirals for automotive suppliers such as Delphi Corp., whose biggest customer is GM. At the close of trading Wednesday, Delphi's already battered stock price had fallen to $4.64 -- a 6% one-day decline.