BUSINESS UPDATES: Penguin Metropolis Brewing will get first tenant
Among today’s business updates: Macy’s; Baird Brothers Fine Hardwoods; 898 marketing; Farmers National Banc Corp .; and the gas price report from AAA East Central.
YOUNGSTOWN – Penguin City Brewing Co. gets a shot of positive energy.
The brewery gets its first tenant, DOPE Cider House & Winery, which will have a 1,000-square-foot manufacturing facility and tasting room adjacent to the warehouse recently purchased by Penguin ‘City at 460 E. Federal St.
Hannah Ferguson of Youngstown, a brewing assistant at Modern Methods Brewery in Warren and the only black female brewer in Ohio, founded the DOPE (Dwelling On Positive Energy) brand in 2017. She will be the head brewer in the cider house.
“This partnership with Hannah is a blast. She told me that she has been trying to find a place in Youngstown to run her own business for over three years, “Penguin City co-owner Aspasia Lyras-Bernacki said in a press release. “When I showed her the room, I knew that she had found her dream place. Our facility is more than Penguin City Beer; We are part of the community and want to show that cooperation and mutual support will build us all and strengthen our city. “
Penguin City will assist Ferguson with branding and distribution of their products throughout the Mahoning Valley, and Ferguson will assist with brewing in Penguin City.
The DOPE Cider House & Winery is due to open in late summer together with Penguin City and will have eight ciders on tap and four types of wine.
“To be honest, it was very emotional for me. I tried unsuccessfully for years to get my business going, and just as I was about to give up the opportunity arose, ”said Ferguson.
Tax credit approved for
Macy’s expansion project
COLUMBUS – The Ohio Tax Credit Authority has approved a tax credit for Macy’s Corporate Services LLC’s expansion project in Jackson Township.
The project is expected to create 417 full-time positions generating new annual payroll of $ 16.8 million and maintaining existing payroll of $ 2.1 million.
The Tax Credit Authority approved an eight-year job creation tax credit of 1.47 percent for the project.
“This collaboration is a great way to boost employment growth here in the valley,” Al Cutrona MP, R-Canfield, said in a press release. “I am grateful to everyone involved, and it only shows that Mahoning County remains competitive for economic development in our state. I look forward to completing this project. “
Macy’s Corporate Services coordinates the merchandise distribution and logistics functions for Macy’s branches.
This old house is a partnership again
with Baird Brothers Fine Hardwoods
CANFIELD – This old house recently announced plans for its first Idea House project in 2021 and will once again partner with Baird Brothers Fine Hardwoods for many of the hardwood products used throughout the house.
Located about 20 minutes outside of St. Paul, Minnesota and dubbed the 2021 Modern Barnhouse, the project will go through the process of creating her dream home along with remover, designer and television personality Amy Matthews.
“This exciting project is off to a good start,” said Steve Stack, director of new business development for Baird Brothers, in a press release. “Amy has already selected several Baird Brothers products and we look forward to seeing her bring the house to life.”
The Modern Barnhouse project marks the ninth project by Baird Brothers with the organization This Old House. Upon completion, the house will be featured in the fall issue of This Old House Magazine.
898 Marketing receives Gold Award for
Campaign “Children say the smartest things”
CANFIELD – 898 Marketing received a Gold Award for its “Children Say the Smartest Things” campaign during the Akron-Canton American Advertising Awards 2021, which was held virtually on Friday due to the COVID-19 pandemic.
The campaign was launched for Mahoning County Public Health to promote healthy tips and habits during the vacation. The 898 team developed several concepts, including one where local children answered questions and shared their thoughts on the coronavirus pandemic. The campaign ran on local TV channels as well as on various social media.
“While this recognition is a testament to the work our team has done, the real reward is the impact it has had on our community, helping to remind people how they can do their part to live through this pandemic save the future generations who one day will guide us, “said Jeff Ryznar, President and CEO of 898 Marketing, in a press release.
Farmers National Banc Corp.
declares quarterly cash dividend
CANFIELD – The Board of Directors of Farmers National Banc Corp. resolved on Tuesday a quarterly cash dividend of 11 cents per share. The cash dividend for common stock is March 12 and is payable to shareholders on March 31.
Gasoline prices are rising
29 cents in northeast Ohio
YOUNGSTOWN – The average gasoline price in Northeast Ohio is 29 cents higher this week and is $ 2.66 a gallon according to the AAA East Central gas price report.
The average price for self-serve unleaded gasoline in the Youngstown area is $ 2.62 per gallon.
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