Business

Also among today's business updates, the Youngstown/Warren Regional Chamber's Lattes & Legislators speaker series will resume Feb. 1 with Ohio Senate Finance Chair Matt Dolan.

"GM has a strong history in the Valley and we expect that to continue," Lt. Gov. Jon Husted said Thursday. "We think this agreement solidifies that for the future, protects the taxpayer dollars and invests in this new industry."

The Ohio Tax Credit Authority in late September ordered GM to repay $28 million in tax credits and invest another $12 million in the Valley by the end of 2022 for closing its Lordstown complex earlier than required for the credits.

Ohioans filed 37,309 initial jobless claims for the week ending Jan. 9, according to the Ohio Department of Job and Family Services.

The invitation is not an assurance that the company will secure a loan. 

Also among today's business updates, the average price for gasoline across Northeast Ohio is 3 cents higher this week, according to AAA East Central’s Gas Price Report.

Owner Stephen Weiss said the store has provided this service since the Great Recession in 2008. “We've been a part of the community for a long time, and it's something that we can do to help,” he said.

Production on the all-electric pickup truck is expected to begin in September.

The annual notices are sent to verify that property is for commercial agricultural purposes and must be returned to the Auditor’s Office before the first Monday in March each year.

Also among today's business updates, Kravitz Delicatessen is celebrating National Soup Month.