Welcome to the Business Journal Archives
Search for articles below, or continue to the all new BusinessJournalDaily.com now.
Search
Martini/Wine Bar to Open Downtown Next March
Wednesday, December 22, 2004By Dennis LaRue YOUNGSTOWN, Ohio -- Work will soon begin on converting the former headquarters of First Federal of Youngstown, 124 W. Federal St., into an upscale martini and wine bar.With city officials, most notably Mayor George M. McKelvey, present Tuesday morning to claim credit for SKA Limited's initiative, two of the partners in SKA Ltd., attorney Jeff Kurz and David Abrahamson, led ceremonies to offer proof that their long discussed project will, at long last, become reality in March.
Convocation Center Bids Come in Millions Over Estimates
Tuesday, December 21, 2004"By George Nelson YOUNGSTOWN, Ohio -- More than three-fourths of the bid proposals opened Tuesday for work on the Youngstown Convocation Center were over the city engineer's estimates, ranging from nearly $2,000 to more than $1 million in some cases. City officials opened bids Tuesday for a dozen scopes of work on the convocation center, now under construction between the Market Street and South Avenue bridges. The total cost of the project has been estimated at $41 million -- $26.8 million of which will be subsidized with a federal grant.
Eleventh-Hour Tips Can Reduce 2005 Tax Burden
Tuesday, December 21, 2004"CHICAGO -- During the holiday season, visions of sugar plums are typically dancing in our heads, not Uncle Sam. But by taking the time to do a few simple tasks before the year-end, you will be able to carry that warm holiday feeling all the way through to April 15."December is typically the time of year to spend, but it can also be the time to save," says Brian Whitlock, chairman of the Illinois CPA Society.
Akron-Canton Airport Adds Free Cell Phone Waiting Area
Tuesday, December 21, 2004"GREEN, Ohio -- The Akron-Canton Airport has added a designated free waiting area just north of the terminal building and immediately past long term lot B. Motorists meeting arriving passengers can wait for free until passengers call to say they are ready to be picked up terminal curbside, although they must remain in their vehicles at all times, according to Fred Krum, airport director.In addition to the free waiting lot, two other new initiatives are designed to help make gate screening a more pleasant experience: traveler tote bags and a Checkpoint Mailer.
Sky Financial to Acquire Belmont Bancorp
Tuesday, December 21, 2004"BOWLING GREEN, Ohio -- Sky Financial Group Inc. plans to acquire Belmont Bancorp, Bridgeport, Ohio, and its wholly-owned subsidiary, Belmont National Bank, officials announced earlier today. The transaction is valued at $69.2 million, based upon Sky Financial's closing stock price as of Dec. 21.
Welty/Ricciuti Chosen to Build 7th District Courthouse
Tuesday, December 21, 2004"By Dennis LaRueYOUNGSTOWN, Ohio -- Welty Building Co. Limited, Akron, and Ricciuti Balog & Partners Architects, Youngstown, were awarded the contract Tuesday to build the courthouse for the Ohio 7th District Court of Appeals in the downtown.The board of Youngstown Central Area Community Improvement Corp. determined that Welty/Ricciuti, in addition to submitting the lowest bid Dec. 4, also submitted the best bid at just over $3.4 million.
Martini/Wine Bar to Open Downtown Next March
Tuesday, December 21, 2004"By Dennis LaRue YOUNGSTOWN, Ohio -- Work will soon begin on converting the former headquarters of First Federal of Youngstown, 124 W. Federal St., into an upscale martini and wine bar.With city officials, most notably Mayor George M. McKelvey, present Tuesday morning to claim credit for SKA Limited's initiative, two of the partners in SKA Ltd., attorney Jeff Kurz and David Abrahamson, led ceremonies to offer proof that their long discussed project will, at long last, become reality in March.
SBA Implements New Policy for Federal Contracting
Tuesday, December 21, 2004"WASHINGTON -- The U.S. Small Business Administration has implemented a new policy that enables the federal government to more accurately monitor contract awards when a small business is purchased or merged with a large business through the process of novation. The new policy requires a business to recertify itself as "small" for federal contracts transferred to it from another business if the contract is to continue being counted as a small business contract.
Ohio Businesses to Develop Partnerships with Israel
Tuesday, December 21, 2004"REYNOLDSBURG, Ohio -- Twelve Ohio food companies have new business relationships to foster after their kosher and non-kosher food products were sampled by some of the 30,000 food distributors, retailers, wholesalers, restaurants and hotel representatives at IsraFood-Hotex International Food and Beverage Exhibition in Tel Aviv, Israel, last week, according to Fred L. Daily, director of the Ohio Department of Agriculture.
"Dana Corp. to Close Muskegon, Mich., Foundry"
Tuesday, December 21, 2004"TOLEDO, Ohio -- Dana Corp. has signed a long-term agreement with Federal-Mogul Corp. to supply Dana with grey iron castings from its western Michigan facility. Consequently, Dana will close its Muskegon, Mich., foundry operations. Production is expected to end in the third quarter of 2005, eliminating approximately 240 jobs.