The Tribune Democrat, Johnstown, PA

December 3, 2012

Business briefs 12/4/2012


M&T Bank begins Food Bank Challenge

 M&T Bank is holding a Food Bank Challenge today through Dec. 18 at its branches in Blair and Bedford counties.  

Offices will accept boxed or canned nonperishable food items during business hours. In addition, the M&T Charitable Foundation will be contributing $20,000 to be allocated among the participating area food banks, including Tyrone, Martinsburg,

St. Vincent, Hope Center-Bellwood, Altoona Food Bank, Food for Families, Bedford Food Outreach, Everett Food Bank, Woodbury Food Bank and Roaring Spring/Claysburg Food Bank.

It is the third consecutive year for the project.



Document shredding fundraiser set

Business Records Management has partnered with The Salvation Army and Project Bundle-Up to offer document shredding in exchange for a donation to provide local children with warm winter clothing.

The shred event will be held from 9 a.m. to 1 p.m. Saturday at the business at 1325 Eisenhower Blvd.  

Residents can bring up to two boxes for a minimum donation of $5 or a new clothing item.

For additional information, call 262-7820.



Salon aiding storm victims

A Johnstown hair salon will be providing free haircuts to help victims of Hurricane Sandy.

The fundraiser will be held from 9 a.m. to 7 p.m. Monday at Cassandra’s Hair Studio at 111 Walnut St.

Anyone who donates canned goods or a $10 donation will be able to participate.

For additional information, call 536-4268.



Sandy aids auto sales

DETROIT – Superstorm Sandy gave an extra boost to already strong U.S. auto sales last month, although carmakers warned that uncertainty over the “fiscal cliff” could undo some of those gains.

Most major companies, from Toyota to Chrysler, posted impressive increases from a year earlier. Only General Motors was left struggling to explain its 3-percent sales gain and large inventory of unsold trucks.

Americans were already willing to buy a new car or truck last month because they’re more confident in the economy. Home

values are rising, hiring is up and auto financing is readily available.

Also, the average age of a vehicle on U.S. roads is approaching a record 11 years, so many people are looking to replace older cars.

Sandy just boosted that demand. The storm added 20,000 to 30,000 sales industry wide in November, mostly from people who planned to buy cars during the October storm but had to delay their purchases, Ford estimated. People who need to replace storm-damaged vehicles are expected to drive sales for several more months.

GM estimates that 50,000 to 100,000 vehicles will eventually need to be replaced.



Pa.’s youth unemployment above average

PHILADELPHIA – Pennsylvania had among the highest percentages of teen employment last year compared with other states, even as the jobless rate for young American workers overall hit its highest level since World War II, according to a study released Monday.

The “Kids Count” report by the Annie E. Casey Foundation found that about 39 percent of Pennsylvania teens age 16 to 19 held jobs in 2011, compared with the national average of 26 percent.

Among ages 20 to 24, Pennsylvania’s 62 percent employment rate was about equal to the U.S. average, the study said.