Roundup: FirstEnergy assessing shutdown; MTR Gaming names acting chief; more
Assessment of Beaver Valley generator problem continues
One of Beaver Valley nuclear power station's units was shut down for a third straight day on Thursday as workers continued assessing a generator problem. There are no safety or nuclear problems, according to the owners FirstEnergy Corp. and the Nuclear Regulatory Commission. Workers are investigating an unusually large vibration in the turbine that converts steam power to electricity, spokesmen said. Workers believe a part may be broken or loose, an NRC spokesman said. A company spokeswoman denied that claim, saying workers still are identifying the problem. She declined to say how big or costly it is or how long it may take to fix.
Berkshire Hathaway buys newspaper
Warren Buffett's Berkshire Hathaway is adding The Roanoke, Va., Times to its growing group of small and medium-sized newspapers. Berkshire said Thursday it will acquire The Times from Landmark Media Enterprises on Friday. It will be Berkshire's 30th daily newspaper. Financial terms were not disclosed. Berkshire said the Times has daily circulation of 76,000 and Sunday circulation of 90,000. Buffett told shareholders this month that Berkshire should earn decent returns of about 10 percent on the newspapers because it is buying them at such cheap prices.
MTR Gaming picks acting president
MTR Gaming Group Inc. chief operating officer Joseph L. Billhimer has been named acting president. Chester, W.Va.-based MTR announced Billhimer's appointment on Thursday. The company said Billhimer also will continue as chief operating officer until a permanent president is appointed. The company said in April that former president and CEO Jeffrey Dahl was resigning to pursue other business opportunities. MTR owns Mountaineer Casino, Racetrack & Resort in Chester, Scioto Downs in Columbus, Ohio, and Presque Isle Downs & Casino near Erie, Pa.
Walnut Grill to open 4th restaurant
A fall opening is planned for the fourth Walnut Grill in the region, which will open in the fall in the former Damon's location at 1595 Washington Pike, Bridgeville. Kirk Vogel, president of Walnut Grill Restaurants, said he expects to sign the lease this week and begin construction on the 7,300-square-foot restaurant starting in July. Walnut Grills are in Pine, Fox Chapel and Mt. Lebanon. Vogel said other possible restaurant sites include Downtown, Murrysville and the Monroeville areas as well as the Robinson business district.
Other business news
• Terrence W. Cavanaugh, CEO of Erie Insurance Group, was appointed to Highmark's 11-member board of directors, the health system said on Thursday. Cavanaugh, who has been chief executive of Erie Insurance since 2008, will help oversee the nonprofit organization that owns the state's largest health insurer, Highmark Health Services, and the Allegheny Health Network, a hospital and doctor organization that includes West Penn Allegheny Health System and Jefferson Regional Medical Center.
• Three Rivers Harley-Davidson store, which carries apparel and accessories of the iconic motorcycle maker, has opened inside Pittsburgh International Airport, said mall operator Airmall USA. The 1,360-square-foot store carries merchandise for men and women.
• Adams Manufacturing Corp., Portersville, Butler County, won the National Hardware Show's first All-American Award for Best Marketing. The company makes injection-molded consumer products, such as suction cups and outdoor furniture.
— Staff and wire reports