Economic Development

WRPA OKs Financing for $12M Inn at Poland Way

AUSTINTOWN TOWNSHIP, Ohio – The Western Reserve Port Authority Wednesday approved providing up to $13 million in municipal bonds for an 89-bed assisted living center in Poland Township. The Inn at Poland Way is being developed by EDM Management on Center Road (U.S. Route 224) east of Clingan Road. Construction is expected to begin in […]

YNDC, Land Bank Partner on House Rehab Program

YOUNGSTOWN, Ohio –Y oungstown Neighborhood Development Corp. workers toiled in the August heat Monday to get the house at 3215 Neosho Road ready for a new owner. The house, in the city’s Indian Village Neighborhood, is the second one rehabilitated by a partnership between YNDC and the Mahoning County Land Bank. Under the program, the […]

CCPA Expands Pier 48 Contract, OKs Land Sale

EAST LIVERPOOL, Ohio – The Columbiana County Port Authority amended its contract with Pier 48 Stevedoring LLC Monday night to reflect the company operating the articulated crane and conveyor system nearing completion at the Wellsville Intermodal Facility. Pier 48, which operates the 60-ton overhead bridge crane in place, pays the port authority a $5,000 management […]

Headquarters, Professional Services Sector Growing

CLEVELAND –The latest quarterly economic review released by Team NEO reflects continued upward momentum in the headquarters and professional services sector in the Cleveland Plus region, a sector that today employs 137,000 workers and represents more than $19 billion of the northeast Ohio economy. Cleveland Plus is an 18-county region that includes Mahoning, Trumbull and […]

Ohio New Business Filings Up Significantly in July

COLUMBUS, Ohio – The number of new business entities filing documents in July to do business in Ohio rose significantly compared to July 2014. According to an announcement from the office of Secretary of State Jon Husted, 9,348 new entities filed start-up documents last month. This compares to just 6,922 entities filed in July 2014. […]

NECA, IBEW Plan $1.3M Training Center

BOARDMAN, Ohio – The Mahoning Valley chapter of the National Electrical Contractors Association and Local 64 of the International Brotherhood of Electrical Workers plan to build a $1.3 million training center here to prepare the next generation of tradesmen to meet the demands of an ever-changing industry. “Our goal is to create a state-of-the art […]

NE Ohio Economy Still Growing but at Slower Pace

PITTSBURGH — The economy of northeastern Ohio continues to gain momentum this year, and that momentum will carry through 2016, but at a slower pace, says the Economics Department of PNC Financial Services Group. In its third-quarter “Northeast Ohio Market Outlook,” released Thursday, PNC sees the recovery continuing with “manufacturing remain[ing] the primary growth driver,” […]

Business Networks Connect Companies with Resources

YOUNGSTOWN, Ohio – It’s been four years since the Business Resource Network first contacted KTSDI LLC and the relationship is still paying dividends for the North Lima company. Since that contact, the network has connected the company, which manufactures components for off-road vehicles, with grants, training program assistance and “so many things I can’t remember,” […]

Huge Quantities, Diverse Products Flow through Region

YOUNGSTOWN, Ohio – Were you to take an aerial snapshot of the Mahoning Valley, you’d see a vast network of highways and rail lines curling around large, sprawling distribution hubs that are alive with activity. Tractor-trailers ease off the main arteries and into distribution centers in places such as North Jackson and Lordstown with little […]

YMCA Plans $5M Renovation of Central Branch

YOUNGSTOWN, Ohio – A $5 million renovation of the YMCA of Youngstown’s downtown branch is planned for next year, the organization’s development director said at this morning’s Design Review Committee. Marykaye Carlson appeared before the panel to request permission to install a 24-foot-by-16-foot vinyl banner on the back of Central YMCA, replacing a banner that […]

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