Economic Development

Architect Provides Rotary with Stambaugh Project Update

YOUNGSTOWN, Ohio – Asked which floors the building trades are working on as renovation of the Stambaugh Building advances, architect Paul Hagman had a simple response Wednesday: Pretty much all of them. Hagman is president of RBF CoLab. Following several months of cleaning the downtown building of debris, workers in the building trades are busy […]

MVEDC Provides $7M in Business Loans in 2016

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By Michael R. Conway, MVEDC Executive Director YOUNGSTOWN, Ohio — The Mahoning Valley Economic Development Corp. completed another successful year in 2016 of helping businesses grow and create employment opportunities. Using our affiliate activities and a variety of loan programs […]

Growth Report 2017: Liberty Steel Products Invests to Meet Demand

NORTH JACKSON, Ohio — An increase in revenue, sales, products, capabilities and capacity last year at Liberty Steel Products Inc. points to an encouraging 2017 for the steel service company, says CEO Jim Grasso. “We made investments and strategic decisions that strengthened our company,” he says. “We’re positioned to take advantage of opportunities created by […]

Taiwan Manufacturer Eyes $7B Investment in US

YOUNGSTOWN, Ohio – A Taiwanese company is considering building new manufacturing plants as part of an overall $7 billion investment plan targeted for the United States, and Pennsylvania could be an option, according to reports. The company, Foxconn Technology Group, said it wants to build a new plant to manufacture screen displays in partnership with […]

Amphitheater Project on Track for May 2018 Completion

YOUNGSTOWN, Ohio – The amphitheater and riverfront park should be ready for its first public event in May 2018, documents the Board of Control approved Thursday show. The board approved an $830,000 contract with landscape architecture firm MKSK of Columbus to provide design and construction management services for the $9 million project. Youngstown hired MKSK […]

Growth Report 2017: YBI Reports ‘Unprecedented’ Growth

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By Barb Ewing, YBI Chief Operating Officer YOUNGSTOWN, Ohio — The Youngstown Business Incubator enjoyed another year marked by unprecedented growth and progress while reaching several impressive milestones. To kick off 2016, YBI became a “Hubspot for Startups” Incubator. In […]

Regional Chamber Advances Ambitious Development Agenda

Editor’s Note: The following story is from Growth Report 2017, published by The Business Journal. By Tom Humphries, Regional Chamber President & CEO YOUNGSTOWN, Ohio — 2016 was certainly a remarkable year for the Youngstown-Warren region, as the Lordstown Energy Center’s announcement of, and subsequent groundbreaking for, its nearly $900 million facility gave Trumbull County […]

YSU, YBI Delegates Ready to Return to Israel

YOUNGSTOWN, Ohio – A delegation to Israel says it’s ready to return – perhaps this fall – to build on the relationships and opportunities of last month’s trip. Representatives of the organizations who took the trip — Youngstown State University, Youngstown Business Incubator and the Youngstown Area Jewish Federation, which arranged the trip — shared […]

Bright Outlook for Mercer County, Speakers Say

HERMITAGE, Pa. – Penn-Northwest Development Corp. is working on projects that could mean a $174 million in investment in Mercer County and 3,400 jobs, those who attended the inaugural forecast breakfast Tuesday presented by the Shenango Valley Chamber of Commerce. Rachel Leige, Penn-Northwest director of economic development, delivered the news at Avalon Golf & Country […]

Cracker Construction Spurs Demand for Industrial Land

YOUNGSTOWN, Ohio — Demand for new housing and apartment complexes, hotels and acres of industrial land is rising in western Pennsylvania, driven by Royal Dutch Shell’s $6 billion ethane cracker plant under construction near Monaca, Pa., officials say. “We hope this sends a signal to the rest of the petrochemicals industry,” said David Ruppersberger, president […]

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