BUSINESS DIGEST ||

25 Under 35 Awards

YOUNGSTOWN

The Mahoning Valley Young Professionals, in partnership with the Community Foundation of the Mahoning Valley, recently announced that nominations are being accepted for the 2016-17 25 Under 35 Awards. The 25 Under 35 Awards, previously known as the 40 Under 40 Awards, is in its fourth year. The awards program honors the Mahoning Valley’s best and brightest young professionals.

Nominees must be between age 21 and 35 and may not exceed 35 on Aug. 15 this year. Nominees must live and/or work primarily in Columbiana, Mahoning or Trumbull counties.

Applications for the 25 Under 35 Awards are available by visiting www.MVYPClub.com.

Dominion rates rise

YOUNGSTOWN

Dominion East Ohio standard choice offer/standard service offer for July 2016 will be $2.867 per thousand cubic feet or Mcf.

The rates are 95.4 cents/Mcf, or 49.9 percent higher than the June SCO/SSO rates of $1.913 per Mcf. The rates are 7.4 cents, or 2.6 percent, higher than the July 2015 SCO/SSO rates of $2.793/Mcf. Predicted warmer-than-normal summer weather, and the associated increase in demand for natural-gas-fired electrical generation to accommodate greater air-conditioning needs, among other variables, have led to higher national market prices than a year ago.

Groundbreaking set

VIENNA

Pittsburgh Institute of Aeronautics will break ground at 10 a.m. Tuesday for its $1.54 million expansion and the historic purchase of its Youngstown Campus building at the Youngstown-Warren Regional Airport at 1453 Youngstown-Kingsville Road NE.

The groundbreaking marks the beginning of construction for a two-story facility that will feature new electrical and welding classrooms, an aeronautics lab, administrative offices and a conference facility.

Phase 1 of the project is expected to be finished by Dec. 1, with the second phase of the project planned for a March 1, 2017, completion.

Since 2006, Pittsburgh Institute of Aeronautics’ Youngstown Branch campus has been training certified and work-ready aviation maintenance technicians in high demand with a 16-month diploma program in aviation-maintenance technology.

Touted by Boccieri

WASHINGTON, D.C.

State Rep. John Boccieri of Poland, D-59th, on Tuesday applauded the U.S. International Trade Commission’s recent determination that the U.S. steel industry is being materially injured by imports of corrosion-resistant steel products from China, India, Italy, Korea and Taiwan.

The ruling paves the way for the U.S. Department of Commerce to enforce an antidumping order on products from these five countries and a countervailing duty order on products from the first four governments, which subsidize their steel industries.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .129.26—.29

Aqua America, .71 35.64 .35

Avalon Holdings,2.41.08

Cortland Bancorp, .2815.45.00

Farmers Nat., .168.78 —.02

First Energy, 1.44 35.18.05

Fifth/Third, .5216.70—.73

FirstMerit Corp., .6819.55 —.54

First Niles Financial, .129.00.25

FNB Corp., .4812.07—.32

General Motors, 1.5228.17—.72

General Electric, .9231.45—.04

Huntington Bank, .28 8.51—.32

iHeartMedia Inc.,1.09 —.02

JP Morgan Chase, 1.9259.55—1.71

Key Corp, .3410.68—.28

LaFarge, .3417.57 .00

Macy’s, 1.51 33.10—.50

Parker Hannifin, 2.52 107.07—2.27

PNC, 2.0478.83—2.10

Simon Prop. Grp., 6.40220.233.09

Stoneridge 15.13 —.25

Talmer Bank, .20 18.64—.20

United Comm. Fin., .10 6.02—.02

Selected prices from Tuesday’s 4 p.m. close.