BUSINESS DIGEST ||

Citizens contributes to Ohio nonprofits

YOUNGSTOWN

Citizens Bank announced Wednesday that 10 nonprofit organizations in Youngstown, Warren and other Northern Ohio communities will receive $110,000 in contributions as part of the Citizens Helping Citizens Manage Money financial-literacy initiative.

Local nonprofits that received funds include: Empowering and Strengthening Ohio’s People received $5,000 for its Senior Financial Empowerment Initiative in Cleveland and Warren; and Junior Achievement of the Mahoning Valley received $2,000 for a program for eighth-graders in Ashtabula, Columbiana, Mahoning and Trumbull counties.

Trumbull approves tax abatement

WARREN

Trumbull County commissioners have approved a decadelong tax abatement that will enable a Lordstown company to build a 55,000- square-foot addition and hire 20 additional full-time employees. The Anderson-DuBose Co. on Tod Avenue Southwest, a distribution center providing paper and food supplies to 500 McDonald’s and Chipotle restaurants in four states, expects to spend between $9.4 million and $15.3 million on the expansion.

On Wednesday, commissioners approved an enterprise-zone agreement in which Anderson-Dubose will receive a tax abatement of 75 percent for 10 years. Earlier this week, Lordstown Village Council also agreed to the same abatement.

In 2011, the identical tax abatement was granted so the company could build its current 158,000-square-foot distribution center, which opened in 2012 at a cost of $28 million. The expansion project is expected to be completed this year.

Laid-off workers from Lordstown

LORDSTOWN

The U.S. Department of Labor accepted the Ohio Department of Job and Family Services’ Trade Adjustment Assistance application for assembly and stamping plant workers at the General Motors Lordstown plant. More than 600 workers were laid off on the assembly side of the plant with the third shift cut. On the stamping plant side, about 235 were affected.

The United Auto Workers has scheduled dates for sessions on the benefits of this program: 8 to 10 a.m.; 11 a.m. to 1 p.m.; and 1:30 to 3:30 p.m. Tuesday and Thursday at the UAW Local 1112 union hall, 11471 Reuther Drive; and the same times on Wednesday at the UAW Local 1714 union hall, 2121 Salt Springs Road.

PNC appoints new chief economist

PITTSBURGH

PNC Financial Services Group Inc. on Wednesday announced that Augustine Faucher will assume responsibility as chief economist effective immediately. Faucher succeeds Stuart G. Hoffman, who is retiring and transitioning to a new PNC role as senior economic advisor after 37 years of service at PNC.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1233.85-0.38

Aqua America, .71 32.500.21

Avalon Holdings,2.350.12

Chemical Bank, .2748.60-1.36Community Health Sys. 9.01 0.36

Cortland Bancorp, .2818.60-0.05

Farmers Nat., .1613.10-0.65

First Energy, 1.44 31.780.05

Fifth/Third, .5224.90-0.45

FirstMerit Corp.,-0.37

First Niles Financial, .1210.000.00

FNB Corp., .4814.32-0.38

General Motors, 1.5234.00-0.27

General Electric, .9229.97-0.05

Huntington Bank, .28 13.07-0.24

iHeartMedia Inc.,3.25-0.23

JP Morgan Chase, 1.9286.19-1.12

Key Corp, .3417.20-0.39

LaFarge, .34-0.00

Macy’s, 1.51 28.82-0.07

Parker Hannifin, 2.52 159.81-0.44

PNC, 2.20118.29-0.86

Simon Prop. Grp., 6.60170.29-0.27

Stoneridge 17.390.17

United Comm. Fin., .12 8.280.05

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