Articles

  • 2 days ago | businessjournaldaily.com | Dan O'Brien

    YOUNGSTOWN, Ohio – Hon Hai Technology Group, more commonly known worldwide as Foxconn, said it would invest more than $26 million in its Ohio electric vehicle operations, according to a Taiwanese news service. TaiwanPlus News reported in a broadcast that Foxconn said it would “allocate $26 million for its electric vehicle subsidiary based in the U.S. state of Ohio.”  The report did not indicate what the investment would entail.

  • 1 week ago | businessjournaldaily.com | Dan O'Brien

    NORTH LIMA, Ohio – Lorenzo Paez-Wells said he didn’t know what to expect when he was invited to participate at KTSDI LLC’s STEM Day on Thursday. Yet the experience introduced him to a broad range of skill sets that he found both interesting and fun. “I was a little nervous,” Paez-Wells said after he completed his first welding task. “It was pretty fun.

  • 1 week ago | businessjournaldaily.com | Dan O'Brien

    BOARDMAN, Ohio – The new owner of the Southern Park Mall has missed the deadline for paying its first-half real estate taxes totaling hundreds of thousands of dollars, incurring a penalty as a result, data show. Southern Park Mall Realty Holding LLC, a subsidiary of Kohan Retail Investment Group, based in Great Neck, N.Y., has yet to pay property taxes and penalties of $481,267.34 for the first half of 2024, according to Mahoning County Auditor records.

  • 1 week ago | businessjournaldaily.com | Dan O'Brien

    YOUNGSTOWN, Ohio – President Donald Trump’s decision to levy another 125% in tariffs against China has threatened to take the boom out of this year’s summer celebrations, causing a local retailer to temporarily cease production overseas. “It’s a tremendous burden,” said Bill Weimer, vice president of Phantom Fireworks Inc. “We’ve stopped production in China.

  • 2 weeks ago | businessjournaldaily.com | Dan O'Brien

    CANFIELD, Ohio – Regions across the country that have experienced consistent growth have several common characteristics, but one stands out, according to Gary Wagner, professor of economics at the University of Louisiana Lafayette and a native of Warren. “The areas that are doing really well over the last 25 or 30 years are areas that have large research universities there,” Wagner told guests attending the Youngstown/Warren Regional Chamber’s annual meeting Thursday.

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