Economic Development

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 […]

Ohio Reports 5% Unemployment Rate in January

COLUMBUS, Ohio — Ohio’s unemployment rate was 5.0% in January 2017, unchanged from a revised 5.0% in December 2016, the Ohio Department of Job and Family Services reported this morning. The December rate was revised upward from the previously reported 4.9% for the month. The January statewide rate was unchanged from a year earlier. The […]

Meijer Not Coming Until 2020 at Earliest

YOUNGSTOWN, Ohio — The Meijer retail chain announced plans Thursday to construct seven new supercenters and remodel 22 more locations, but a planned store in Austintown likely won’t open until 2020 at the earliest, a township zoning official said. Last year, Meijer Stores Ltd. purchased the former Austintown Middle School and earlier this year bought […]

City OKs $350K Float Loan, Land Deals for Projects

YOUNGSTOWN, Ohio – The city’s Board of Control approved a $350,000 float loan to assist a Boardman business move downtown as well as land purchases related to the amphitheater and Chill-Can projects. The board authorized the float loan to 2Deep Entertainment to assist with its purchase of a building at 237 E. Front St. just […]

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