Economic Development

Ohio Unemployment Stays Steady at 5% for April

COLUMBUS, Ohio – The state‘s unemployment rate was 5.2% in April, up from 5.1% in March, the Ohio Department of Job and Family Services reported this morning. Ohio’s nonagricultural wage and salary employment decreased 13,600 over the month, from a revised 5,491,400 in March to 5,477,800 in April, according to the report. The number of […]

City Officials Have Star (Wars) in Their Eyes

YOUNGSTOWN, Ohio – City officials and the Youngstown Warren Regional Chamber hope to lure filmmaker George Lucas’ proposed Lucas Museum of Narrative Art to downtown. City Council passed a resolution Wednesday expressing the “enthusiastic support” of council members and the Regional Chamber for Lucas – creator of the “Star Wars” and “Indiana Jones” movie franchises […]

WRPA Financing Advances Hotel, YSU Housing Projects

YOUNGSTOWN, Ohio – Construction should get under way in July on the project to convert the Stambaugh Building into a downtown hotel, a project assisted by the Western Reserve Port Authority. The project’s developer, NYO Property Group, has secured a senior lender, Sarah Lown, public finance manager for the Northeast Ohio Development and Finance Authority, […]

Taft Promise Neighborhood Initiative to Launch Saturday

YOUNGSTOWN, Ohio – Taft Promise Neighborhood will launch a community redevelopment initiative Saturday with a neighborhood clean-up and a block party at Taft Elementary School on the South side. The Taft Promise Neighborhood is a coalition of organizations working together to stabilize and revitalize the Taft School area. The event, sponsored by TPN partners Mercy […]

Advanced Tooling Program Gets $500,000 Grant

YOUNGSTOWN, Ohio – A $500,000 state grant approved Monday by the Ohio Controlling Board will aid the region’s manufacturers in applying and integrating advanced tooling technologies into their processes. The grant was awarded to the Advanced Tooling Acceleration Program, a partnership between the Youngstown Business Incubator, Youngstown State University, The National Additive Manufacturing Innovation Institute […]

CCPA to Repay Grant for Plant Baard Never Built

EAST LIVERPOOL, Ohio – The Columbiana County Port Authority has reached an agreement with the Ohio Development Services Agency to repay a $148,000 grant over three years for job-creation incentives never met. Monday night, the board of the port authority ratified the agreement that Executive Director Penny Traina reached to repay the funds: $50,000 June […]

Lake to River Co-Op Partners with Catullo Meats

YOUNGSTOWN, Ohio — The Lake to River Food Cooperative and Catullo Prime Meats are joining together to increase access to local food for Mahoning Valley residents. A kick-off event will take place from 10 a.m. to 2 p.m. May 28 at the Catullo store on Tiffany Boulevard in Poland. Locally sourced food products will be […]

Study Ranks Region High in Middle-Income Share

YOUNGSTOWN, Ohio – Sixty percent of adults in the Youngstown-Warren-Boardman (and Mercer County, Pa.) statistical metropolitan area can be classified as middle-income, making the region the 10th highest in the nation in terms of middle-income share. That’s one of the findings contained in the Pew Research Center’s new study, “America’s Shrinking Middle Class: A Close […]

City OKs $30,000 to Fund Downtown Events

YOUNGSTOWN, Ohio – With the summer festival season set to begin, the city Board of Control today approved $30,000 to cover the cost of infrastructure and production rentals for three downtown events: the Youngstown Wine and Jazz Festival, the Youngstown Gospel Festival and Federal Frenzy. Federal Frenzy was held April 23. Dates for the other […]

WE Launch Graduates First Class of Entrepreneurs

YOUNGSTOWN, Ohio – Carmella Williams, owner of Carmella Marie, was awarded the $5,000 grant at the conclusion of the inaugural WE Launch class last night. The nine-week WE Launch was conducted by Women in Entrepreneurship, an initiative of the Youngstown Business Incubator. Female entrepreneurs attended classes and were paired with mentors during the course of […]

Pages

Subscribe to RSS - Economic Development