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Economic Development: FCC Chairman Pai Supports ‘Free and Open’ Internet | March 17, 2017

FCC Chairman Pai Supports ‘Free and Open’ Internet

YOUNGSTOWN, Ohio – The chairman of the Federal Communications Commission, Ajit Pai, says he favors “free and open” internet service that is guided by less regulation and more investment in broadband networks across the country. “My vision is to carry forward that Clinton administration model of light-touch regulation,” Pai told reporters during a press conference […]

Economic Development: AutoParkit Garage Fascinates Port Authority Officials | March 16, 2017

AutoParkit Garage Fascinates Port Authority Officials

YOUNGSTOWN, Ohio – Representatives of the Western Reserve Port Authority met in Los Angeles last week with three West Coast entrepreneurs who are pursuing projects in the Mahoning Valley. They met the entrepreneurs, who have ties to the Valley, at the ribbon cutting for the new parking garage developed by AutoParkit LLC. John Moliterno, executive […]

Economic Development: Ohio New Business Filings Had 2nd-Best Month in February | March 15, 2017

Ohio New Business Filings Had 2nd-Best Month in February

COLUMBUS, Ohio – Ohio posted its second-best month ever in new business filings during February, Ohio Secretary of State Jon Husted announced today. Last month, 10,204 new entities filed to do business in Ohio, an increase of 803 from February 2016, Husted’s office reported. The February total comes behind only the 10,478 filings reported for […]

Economic Development: Amphitheater Not Meant as Profit Center, Officials Say | March 14, 2017

Amphitheater Not Meant as Profit Center, Officials Say

YOUNGSTOWN, Ohio – Youngstown officials envision the proposed amphitheater/riverfront park project as a quality-of-life enhancement rather than a major revenue generator for the city. Citizens who attended last week’s meeting regarding a federal loan the city plans to take related to the $9 million project asked questions regarding revenue projections for the amphitheater. “We are […]

Economic Development: New Retail Building Slated for Westford Development | March 13, 2017

New Retail Building Slated for Westford Development

CANFIELD, Ohio – Work on a new retail building is set to begin this summer at the Westford Lifestyle Community, says its developer. “It’s a 12,000-square-foot, single story building just behind Panera Bread in Westford,” says Chuck Whitman, president of CTW Development Corp. “We’ll be starting that in July.” Whitman says the new building will […]

Economic Development: Mahoning County Developments Highlight Chamber Breakfast | March 10, 2017

Mahoning County Developments Highlight Chamber Breakfast

YOUNGSTOWN, Ohio – There’s plenty of private development happening across Mahoning County, as the guest speakers at the Youngstown Warren Regional Chamber’s Good Morning Mahoning County breakfast note, but for government agencies, public funding is getting harder and harder to come by. The loss of money from inheritance and tangible personal property taxes, along with […]

Economic Development: Absence of Amphitheater Financials Raises Concerns | March 10, 2017

Absence of Amphitheater Financials Raises Concerns

YOUNGSTOWN, Ohio – Individuals at last night’s public meeting about a proposed loan to help pay for the $9 million downtown amphitheater/riverfront park appeared supportive of the project, although some raised questions about financing it. More than 50 people attended the session, held at the Covelli Centre and led by Bill D’Avignon, Youngstown director of […]

Economic Development: Execs’ Optimism about Economy Highest Since 2004 | March 9, 2017

Execs’ Optimism about Economy Highest Since 2004

NEW YORK — Business executives are reporting their highest level of optimism about prospects for the U.S. economy in more than a dozen years, according to the first-quarter AICPA Economic Outlook Survey, which polls chief executive officers, chief financial officers, controllers and other certified public accountants who hold executive and senior management accounting roles. Optimism […]

Economic Development: Lawrence County Gets Set to Benefit from Shell Cracker | March 8, 2017

Lawrence County Gets Set to Benefit from Shell Cracker

NEW CASTLE, Pa. – Public officials, development specialists and businesses want to make sure Lawrence County is on the radar screen of any manufacturer or supplier that’s considering a home near Royal Dutch Shell’s $6 billion ethane cracker plant under construction in neighboring Beaver County. “We are optimistic about the opportunities for Lawrence County that […]

Economic Development: eCenter Seeks Applicants for Accelerator Contest | March 8, 2017

eCenter Seeks Applicants for Accelerator Contest

HERMITAGE, Pa. — The eCenter@LindenPointe and Ben Franklin Technology Partners are collaborating on the first-ever Venture Investment Accelerator competition. The first-place winning team will receive $25,000 in seed funding, incubation space at the eCenter, and mentoring from Ben Franklin’s Transformation Services Group, experienced business owners and entrepreneurial leaders. Competitors must be over age 18. Companies […]