Economic Development

City OKs Tax Abatement for Strollo’s Wells Project

YOUNGSTOWN, Ohio — The city’s Board of Control this morning approved an enterprise zone agreement with the companies redeveloping the Wells Building downtown. The agreement provides a 10-year, 75% abatement of real property taxes to Strollo Architects Inc. and Wells Associated Renaissance Partners LLC, to support redevelopment of the building into new offices for Strollo […]

2014 Unemployment Rates Down in Ohio, Pa., US

YOUNGSTOWN, Ohio — Ohio’s average unemployment last year was down nearly two full percentage points from 2013, and Pennsylvania’s rate was down nearly as much, the U.S. Bureau of Labor Statistics reports. Average unemployment rates for 2014 were down in all 50 states, according to the report released Wednesday. In Ohio, the average unemployment rate […]

ADI Execs, Beale Tell DOT They Operate Separately

YOUNGSTOWN, Ohio — Aerodynamincs Inc.’s current executive team and board members – as well as its former president, chairman and CEO – all affirm to the U.S. Department of Transportation that they have no blood, family or legal relationships. The affirmations are contained in a letter to Lauralyn Remo, chief of DOT’s Air Carrier Fitness […]

YBI Startup JuggerBot Seeks 3-D Printer Hybrid

YOUNGSTOWN, Ohio — Thomas Watson, former chairman and CEO of IBM, is often credited with one of history’s most inaccurate predictions. “I think there’s a world market for maybe five computers,” he is supposed to have said, despite no documentation. Still, it speaks to what many thought were the commercial limitations of computers. It wasn’t […]

JobsOhio: 21,000 New Jobs, $6.1B Invested

COLUMBUS, Ohio — Job creation in 2014 was 20% better than in 2013, new capital investment was up 70% over the year, but retained jobs were down over the year, JobsOhio reported Monday. In its 2014 annual report (CLICK HERE), the state economic development agency said it assisted companies that committed to creating 21,377 new […]

Ohio Takes 2nd in Site Selection Ranking

COLUMBUS, Ohio – Ohio ranked second in both the overall rankings and per capita rankings in Site Selection magazine’s Governor’s Cup, JobsOhio announced today. The state’s 582 projects were cited as the reason for the ranking. It is the second consecutive year Ohio earned the second-place slot in the annual listing. Texas claimed the top […]

Ohio Takes Ranks 2nd in Site Selection Ranking

COLUMBUS, Ohio – Ohio ranked second in both the overall rankings and per capita rankings in Site Selection magazine’s Governor’s Cup, JobsOhio announced today. The state’s 582 projects were cited as the reason for the ranking. It is the second consecutive year Ohio earned the second-place slot in the annual listing. Texas claimed the top […]

Staffing Agencies Seek Candidates in Tight Market

YOUNGSTOWN, Ohio — There are plenty of job openings for workers who possess certain skills, staffing agencies confirm, but in many instances basic qualifications such as passing a drug test are lacking. Still, employers keep looking. Cyndy Bresnahan, business services representative at the Mahoning County OhioMeansJobs office in Boardman, says she’s seeing an upswing in […]

Canadian Company to Start Operations in Cortland

CORTLAND, Ohio — Although the old Packard Electric name is still visible on the southern exterior of the building, new signage at the base of 500 W. Main St. displays the name Maxill, a consumer and professional dental products company that is preparing to begin operations here. The company, based in St. Thomas, Ontario, Canada, […]

City Seeks Proposals for Amphitheater, Greenspace

YOUNGSTOWN, Ohio — The city of Youngstown officially put out a request-for-quote document Wednesday afternoon for an amphitheater and green improvements to city-owned property adjacent to the Covelli Centre downtown (READ STORY). Responses are due by 4 p.m. March 24 for letters of interest and statements of qualifications, according to the RFQ. The city is […]

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