REGION


REGION

New RTI headquarters

PITTSBURGH — RTI International Metals’ executive officers and corporate and commercial staff moved into the firm’s new global headquarters Tuesday.

RTI, formerly based in Weathersfield, moved its headquarters in part for easier access to the international travel required to serve its global customer and investor base, said Richard E. Leone, manager of investor relations.

The company, a producer of titanium mill products and fabricated metal components for the global market, has 18 locations in the United States, Canada, Europe and Asia.

RTI plans $30 million in upgrades to its titanium mill in Weathersfield as a direct result of a recent labor contract extension to June 20, 2013, officials said previously. The former contract with United Steelworkers of America Local 2155 was to have expired in 2010. The pact covers 365 workers.

F.N.B. merges with Omega

HERMITAGE, Pa. — F.N.B. Corporation, a diversified financial services corporation, said Tuesday it has completed its merger with Omega Financial Corporation. Shares of Omega Financial Corporation will no longer be listed on the NASDAQ stock exchange. Omega Bank branches will continue to operate as normal, but under the First National Bank of Pennsylvania name. First National Bank of Pennsylvania now has 220 offices serving commercial and consumer customers in 35 counties in Pennsylvania and Northeast Ohio.

NATION

Toyota research institute

ANN ARBOR, Mich. — Toyota Motor Corp. says it’s establishing a North American research institute 35 miles west of Detroit and plans to spend $100 million during the next four years on advanced research activity.

The Japanese automaker said Tuesday the Toyota Research Institute of North America initially will employ 35 researchers and staff members in Ann Arbor and plans to add 10 researchers this year and 20 more by 2010.

Toyota says the institute will be directed by Noboru Kikuchi, a mechanical engineering professor at the University of Michigan and director of Toyota Central Research Development Laboratories Inc. in Japan. It will occupy existing space at the Toyota Technical Center’s Ann Arbor campus.

From Vindicator staff and wire reports