BUSINESS DIGEST ||

Ribbon cutting

WARREN

The Youngstown/Warren Regional Chamber recently had a ribbon-cutting ceremony for Coleman Professional Services, 103 W. Market St.

Coleman Professional Services has provided behavioral health and rehabilitation services for the Trumbull County community since 2006. Now, the business has opened a larger location to more efficiently serve its clients. The location offers services that include psychiatry, counseling, diagnostic assessment, crisis intervention, housing placement, peer support and employment services.

Coleman’s other location in Warren, at 552 N. Park Ave., also continues to serve clients.

Business in Ohio

COLUMBUS

Ohio Secretary of State Jon Husted announced 10,033 new entities filed to do business in Ohio during January, an increase of 1,409 entities when compared with January 2016. This makes only the third time that the number of new business filings received in a single month has surpassed 10,000; the first time being in March 2015 and the second being March 2016.

It has also been 15 months since Husted reduced the cost of starting and maintaining a business by 21 percent. As of January, Ohio businesses have saved more than $3 million.

Last year was the seventh-consecutive year the state has seen a record number of new entities filing to do business in Ohio. In 2016, 105,009 new businesses registered with the secretary of state’s office, surpassing the previous record set in 2015 of 97,746 new entities by 7,263 businesses.

Ryan, others push manufacturing post

WASHINGTON

U.S. Rep. Tim Ryan of Howland, D-13th, was joined Wednesday by Sens. Chris Coons, a Democrat from Delaware; Susan Collins, a Republican from Maine; and Steve Daines, a Republican from Montana, as well as Representatives Tom Reed, a Republican from New York, and Dan Lipinski, a Democrat from Illinois, in introducing legislation to establish the position of U.S. chief manufacturing officer in the executive office of the president. Ryan and Reed are co-chairmen of the bipartisan House Manufacturing Caucus.

The U.S. chief manufacturing officer will be responsible for coordinating manufacturing-related policies and activities across agencies.

Layoffs at Fiat

TOLEDO

Fiat Chrysler says it will temporarily lay off about 3,200 workers at its assembly complex in Ohio as it shifts Jeep Cherokee production to Illinois. The automaker is making the move to give its Toledo plant space to build a new version of the Jeep Wrangler. Fiat Chrysler says the temporary layoffs will start in April and extend for at least six months.

Staff/wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Alcoa Inc., .1237.94-0.62

Aqua America, .71 29.890.05

Avalon Holdings,2.910.05

Chemical Bank, .2752.520.74Community Health Sys. 7.12 0.50

Cortland Bancorp, .2818.35-0.07

Farmers Nat., .1614.020.10

First Energy, 1.44 30.390.03

Fifth/Third, .5227.560.01

FirstMerit Corp.,21.610.37

First Niles Financial, .1210.000.00

FNB Corp., .4815.510.14

General Motors, 1.5237.08-0.16

General Electric, .9230.310.03

Huntington Bank, .28 14.220.10

iHeartMedia Inc.,1.150.00

JP Morgan Chase, 1.9290.581.02

Key Corp, .3419.090.23

LaFarge, .3417.570.00

Macy’s, 1.51 32.740.06

Parker Hannifin, 2.52 155.472.84

PNC, 2.20127.771.67

Simon Prop. Grp., 6.60178.59-2.35

Stoneridge 17.030.03

United Comm. Fin., .12 8.840.14

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