Business Digest


REGION

CASTLO open house includes bus tour of industrial park

STRUTHERS – CASTLO Industrial Park will have an open house from noon to 2 p.m. today. The event will start at the Sulmona Valley Club, 92 S. Bridge St. A bus tour will be taken to the park.

In the 30 years since the park property was purchased from the former Youngstown Sheet and Tube Co., more than $5 million has been invested in the park’s buildings, infrastructure and rail access.

Also, Dan Mamula, project manager for the Mahoning River Corridor of Opportunity, will talk about efforts to develop industrial land throughout Mahoning and Trumbull counties.

F.N.B. Corp. shareholders to receive stock dividend

HERMITAGE, Pa. — F.N.B. Corp. declared a dividend of 12 cents a share on its common stock. The dividend is payable on Dec. 15 to shareholders of record as of the close of business on Dec. 1. F.N.B. is the holding company for First National Bank of Pennsylvania.

NATION

Ohio gets a little green for green-jobs program

WASHINGTON — The Department of Labor on Wednesday announced nearly $55 million in green-jobs grants, including $4 million set aside for use in Ohio, Indiana and Michigan. The money was authorized by the American Recovery and Reinvestment Act of 2009.

The grants will support job-training and labor-market information programs to help workers find jobs in expanding industries such as wind and solar. The training programs to be created in Ohio, Indiana and Michigan will help dislocated autoworkers have the skills to find work in the renewable-energy industry, officials said.

J.C. Penney Co. closes the book on ‘big’ catalog

PLANO, Texas — J.C. Penney will stop publishing its twice-yearly “big book” catalogs, now that customers increasingly shop online.

Instead, J.C. Penney Co. says it will publish specialty catalogs and focus its efforts online, on the jcp.com Web site and on social networks. In part, the company says it is responding to consumer habits to view catalogs more as “look books.”

Waffle shortage: Kellogg’s unable to leggo of Eggos

ATLANTA — Dear Kellogg: Leggo my Eggo!

Kellogg Co. says there will be a nationwide shortage of its popular Eggo frozen waffles until next summer because of interruptions in production at two of the four plants that make them.

The company’s Atlanta plant was shut down for an undisclosed period by a September storm that dumped historic amounts of rain in the area. Meanwhile, several production lines at its largest bakery in Rossville, Tenn., are closed indefinitely for repairs.

From Vindicator staff and wire reports