Economic Development

Mahoning County Developments Highlight Chamber Breakfast

YOUNGSTOWN, Ohio – There’s plenty of private development happening across Mahoning County, as the guest speakers at the Youngstown Warren Regional Chamber’s Good Morning Mahoning County breakfast note, but for government agencies, public funding is getting harder and harder to come by. The loss of money from inheritance and tangible personal property taxes, along with […]

Absence of Amphitheater Financials Raises Concerns

YOUNGSTOWN, Ohio – Individuals at last night’s public meeting about a proposed loan to help pay for the $9 million downtown amphitheater/riverfront park appeared supportive of the project, although some raised questions about financing it. More than 50 people attended the session, held at the Covelli Centre and led by Bill D’Avignon, Youngstown director of […]

Execs’ Optimism about Economy Highest Since 2004

NEW YORK — Business executives are reporting their highest level of optimism about prospects for the U.S. economy in more than a dozen years, according to the first-quarter AICPA Economic Outlook Survey, which polls chief executive officers, chief financial officers, controllers and other certified public accountants who hold executive and senior management accounting roles. Optimism […]

Lawrence County Gets Set to Benefit from Shell Cracker

NEW CASTLE, Pa. – Public officials, development specialists and businesses want to make sure Lawrence County is on the radar screen of any manufacturer or supplier that’s considering a home near Royal Dutch Shell’s $6 billion ethane cracker plant under construction in neighboring Beaver County. “We are optimistic about the opportunities for Lawrence County that […]

eCenter Seeks Applicants for Accelerator Contest

HERMITAGE, Pa. — The eCenter@LindenPointe and Ben Franklin Technology Partners are collaborating on the first-ever Venture Investment Accelerator competition. The first-place winning team will receive $25,000 in seed funding, incubation space at the eCenter, and mentoring from Ben Franklin’s Transformation Services Group, experienced business owners and entrepreneurial leaders. Competitors must be over age 18. Companies […]

Valley Cities No. 2 and 3 in January Unemployment

YOUNGSTOWN, Ohio – Youngstown had the second-highest unemployment rate in the state the month of January, the Ohio Department of Job and Family Services reported this morning. The city’s 9.1% rate was exceeded only by Lorain’s 9.2% unemployment rate among the cities tracked by the department. Third among Ohio cities was Warren, which posted an […]

Public Meeting Thursday on Amphitheater Project

YOUNGSTOWN, Ohio – A public input meeting will be held Thursday at 5 p.m. to receive comments regarding the city’s plan to develop a riverfront park and amphitheater east and west of the Market Street Bridge. The meeting will begin at 5 p.m. in the Covelli Centre Community Room. About $4 million in funding for […]

Ohio Is Second in Site Selection Governor’s Cup

ATLANTA – Site Selection magazine ranked Ohio second in its Governor’s Cup project list, following Texas, and third in its Governor’s Cup per capita list, following Nebraska and Kentucky, Mark Arend, editor-in-chief of the publication, announced Monday. With 515 qualifying new and expanded facilities, Ohio trailed the 642 Texas built in 2016 but was ahead […]

Additive Manufacturing Cluster to Meet Friday

CLEVELAND — The Northeast Ohio Additive Manufacturing Cluster will host its first innovation cluster meeting Friday at the Corporate College Conference Center, 4400 Richmond Road, Warrensville Heights. The focus of the meeting, which will run from 8:30 a.m. to 1 p.m., will be on opportunities to accelerate the impact of additive manufacturing in northeastern Ohio. […]

Hurdles Remain High for Minority Entrepreneurs

YOUNGSTOWN, Ohio – The number of residents in the mostly white Mahoning Valley continues to shrink as the population of Blacks, Hispanics and Asians grows. Still, minority business enterprises have seen little progress in lowering the hurdles to success. An analysis this year by Frank Akpadock, senior research associate, Regional Economic Development Initiative at Youngstown […]

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