BUSINESS DIGEST ||

Rebates for counties

YOUNGSTOWN

The Ohio Bureau of Workers’ Compensation has determined how much money individual counties will receive from a statewide $15 million rebate the BWC board of directors approved May 26.

The rebates, due to strong investment returns over the past decade, include a high of nearly $1.5 million for Hamilton County to a low of $133 for Fulton County, the only county receiving less than $4,100. Nearly half of all counties will receive at least $90,000.

Mahoning County received $640,512.75; Trumbull County received $429,927.69; and Columbiana County received $181,800.42.

Construction company recognized

NEW CASTLE, PA.

On its website, thebuildersonline.com, the Builders Association has recognized Stevens Masonry Construction of New Castle for its 30 years in business.

Stevens Masonry’s resume includes corporate, health care, municipal, civic and education buildings. The company’s accolades include a coveted Golden Trowel award from the International Masonry Institute for custom work completed at New Castle junior/senior high school.

Stevens Masonry is located at 175 Olde Colony Drive in New Castle.

Lightweighting jobs decline

COLUMBUS

Demand for Ohio workers in occupations related to lightweighting dipped during the first quarter of 2016, according to a report released Tuesday by Lightweight Innovations For Tomorrow and Workforce Intelligence Network. Ohio’s lightweighting occupations include assembly and operation, electrical and mechanical engineering, logistics, skilled materials and procurement and purchasing.

According to Ohio’s first-quarter 2016 market report, online job ads for lightweighting-related occupations dipped by 12 percent since fourth quarter 2015, from 26,163 postings to 23,027 – about even with one year ago, first quarter 2015.

Though the demand dipped for the second-straight quarter, employment in the area of lightweighting in Ohio remains strong with more than 735,000 workers employed as of 2015.

Shell commits to Pennsylvania petrochemical plant

MONACA, Pa.

Shell Chemical Appalachia LLC said Tuesday it’s building a petrochemical plant that will create up to 6,000 construction jobs and 600 permanent jobs once it begins production early next decade.

Construction will begin in the next 18 months, with the goal of bringing the northwestern Pennsylvania plant online early in the 2020s, the company said.

The company had committed tens of millions of dollars acquiring the site, a former zinc smelting operation in Potter Township, Beaver County, and other improvements, including helping a nearby water authority retool. Still, the company had not formally committed to the project until Tuesday.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .129.79-0.05

Aqua America, .71 33.190.07

Avalon Holdings,2.16-0.01

Cortland Bancorp, .2815.650.15

Farmers Nat., .129.18-0.08

First Energy, 1.44 34.060.28

Fifth/Third, .5219.00-0.20

FirstMerit Corp., .6822.63-0.24

First Niles Financial, .207.970.00

FNB Corp., .4813.235-0.115

General Motors, 1.5230.2250.24

General Electric, .9230.140.02

Huntington Bank, .28 10.41-0.12

iHeartMedia Inc.,1.03-0.02

JP Morgan Chase, 1.7665.07-0.21

Key Corp, .3012.68-0.16

LaFarge, .3417.570.00

Macy’s, 1.44 34.320.04

Parker Hannifin, 2.52 116.13-0.13

PNC, 2.0489.11-0.82

Simon Prop. Grp., 6.40199.510.84

Stoneridge 16.400.09

Talmer Bank, .20 20.20-0.14

United Comm. Fin., .10 6.090.10

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