Economic Development

$138 Million Invested Downtown Since 1998

YOUNGSTOWN, Ohio – Dan Rossi’s plans for his downtown properties reflect his optimism about his business prospects here. Rossi is the president and founder of FEIC Financial Inc., a portfolio asset management company, and the more recently established FEIC Business Equity Solutions. The latter provides valuation services for succession planning, which includes the sale of […]

‘2010’ Plan Inspired ‘Renewed Pride in City’

YOUNGSTOWN, Ohio – Phil Kidd was serving in the Army when he first heard of the Youngstown 2010 plan being put together more than a decade ago. Kidd, who grew up in Pittsburgh, became involved in student government at Youngstown State University where he learned more about the community. While in the Army, he read […]

Ohio Offers Export Help Through Intern Program

COLUMBUS, Ohio – The state of Ohio is offering assistance to companies that are interested in exporting their goods or services into international markets through the Ohio Export Internship program. Provided through the Ohio Development Services Agency, the initiative links companies with students from 12 Ohio universities. The goal of the internship is to help […]

Local Unemployment Rates Rose in November

YOUNGSTOWN, Ohio – Local unemployment rates rose around half a percentage point in November from the month before, the latest monthly data show. The Ohio Department of Job and Family Services reported this morning that the unemployment rate last month in Trumbull County was 6.0% and 5.7% in Mahoning County, each a half a point […]

Youngstown Seeks Proposals for Bottom Dollar Food Site

YOUNGSTOWN, Ohio — The city of Youngstown will accept development proposals through Feb. 1 at noon for the former Bottom Dollar Food building on the South Side. Tours of the closed grocery store, which was built in 2011, will be available from 3 to 4 p.m. Jan. 5 and 19, according to the request for […]

Ideas Proposed Decades Ago Now Becoming Reality

YOUNGSTOWN, Ohio – Imagine the Youngstown central business district dominated by a shimmering, 30-story glass tower that is home to an upscale luxury hotel and convention center. Or, an East Side teeming with recreational activities such as a marina on McKelvey Lake and a town center reflective of a “suburb within a city.” Or, neighborhood […]

Ohio Unemployment Rises to 4.5% in November

COLUMBUS, Ohio – Ohio’s unemployment rate in November was 4.5%, up a tenth of a percentage point from October’s 4.4% rate, the Ohio Department of Job and Family Services reported this morning. In November 2014, Ohio’s unemployment rate was 5.2%. The U.S. unemployment rate last month was 5.0%, unchanged from October and down from 5.8% […]

No Letup in Demand for Region’s Industrial Parks

YOUNGSTOWN, Ohio –At they hunt new sites to build a natural gas pipeline within the region, manufacturers, service businesses, international firms and companies looking to build the region’s natural gas pipeline infrastructure see the Mahoning and Shenango valleys industrial parks on their radar screens. Mix these prospects with projects nearing completion during the first quarter […]

Trumbull Partnership Reports 3Q Initiatives

WARREN, Ohio – As the Trumbull Neighborhood Partnership nears its fifth anniversary, it continues to expand its programs and introduce new methods of dealing with blight in Warren. The nonprofit provided an update of those efforts its third-quarter report released Thursday. During the period, TNP began to work with the Trumbull Career and Technical Center […]

Trumbull Partnership Reports Status of Projects

WARREN, Ohio – As the Trumbull Neighborhood Partnership nears its fifth anniversary, it continues to expand its programs and introduce new methods of dealing with blight in Warren. The nonprofit provided an update of those efforts its third-quarter report released Thursday. During the period, TNP began to work with the Trumbull Career and Technical Center […]

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