Economic Development

McGiffin Outlines Downtown Events at Chamber Breakfast

YOUNGSTOWN, Ohio – This summer will be a busy one downtown. With the traditional annual festivals like Simply Slavic and the Youngstown Italian Festival as anchors, downtown will see “three to five” new art and film festivals during the summer and fall months, director of downtown of events Mike McGiffin said at today’s Good Morning, […]

McNally to Celebrate Downtown in ‘State of City’

YOUNGSTOWN, Ohio –The redevelopment of the Erie Terminal and Federal buildings and endeavors including the Gatta, Wells and Wick building projects and the proposed downtown hotel show “folks want to make downtown a place to work and to live, and I think that’s something that we have to celebrate,” Mayor John McNally said. McNally, now […]

Businesses Brace for Another Route 224 Project

CANFIELD, Ohio — Businesses are divided on the impact of disruptions to traffic patterns the work at U.S. Route 224 and state Route 11 will bring in the coming weeks. The $6.5 million project include replacing and widening the Route 224 overpass above Route 11 and widening Raccoon Road at 224 and the Route 11 […]

Area Jobless Rates Rise Sharply in January

YOUNGSTOWN, Ohio — January unemployment rates in the Mahoning Valley and neighboring counties rose sharply from the month before, up about two percentage points, the Ohio Department of Job and Family Services reported this mornibng. Both Columbiana and Mahoning counties posted unemployment rates of 7.1% last month, up from 5.3% in December for Columbiana and […]

Wean Foundation Awards $130,000 in Grants

WARREN, Ohio — The Raymond John Wean Foundation, at its March board meeting, announced $130,000 in grants to four local organizations: Empowering & Strengthening Ohio’s People, Inspiring Minds, Tabernacle Baptist Church – CDF Freedom Schools and We Are Warren. The organizations and their programs are aligned with the foundation’s strategic priorities of community revitalization, economic […]

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 […]

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