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Economic Development: YBI Offers Naming Rights for Its Fifth Building | December 20, 2016

YBI Offers Naming Rights for Its Fifth Building

YOUNGSTOWN, Ohio – Barb Ewing looks over a balcony above the two-story Murray & C. Kenneth Fibus Advanced Manufacturing Lab in what today is known as Tech Block Building #5, the Youngstown Business Incubator’s fifth building that’s undergoing a $5 million renovation. “There are lots of manufacturing facilities that have 12- to 15-foot ceilings,” far […]

Economic Development: Executives Stay Upbeat about Trumbull’s Business Climate | December 19, 2016

Executives Stay Upbeat about Trumbull’s Business Climate

WARREN, Ohio — In no way is the upcoming layoff of 1,250 employees at the General Motors Lordstown Complex good news, but business leaders in Trumbull County remain optimistic about their county’s business climate as cooperation across industries becomes the norm and major projects get underway. Last month, GM announced it would lay off workers […]

Economic Development: Lowellville Awarded $300K for Downtown Upgrades | December 19, 2016

Lowellville Awarded $300K for Downtown Upgrades

LOWELLVILLE, Ohio – With the award of a $300,000 grant from the Ohio Development Services Agency, downtown Lowellville will undergo several revitalization projects beginning in June. Work will be done on 15 buildings, including new roofing, flooring and electrical systems. Also included in the budget are new sidewalks and curbing, the creation of a parking […]

Economic Development: Signatures Ink Complex Financing for Downtown Hotel | December 15, 2016

Signatures Ink Complex Financing for Downtown Hotel

WARREN, Ohio – Anthony Trevena was expecting several people to have writer’s cramp yesterday. That’s because multiple documents needed to be signed to finalize the deal for the proposed DoubleTree by Hilton hotel in downtown Youngstown, Trevena said. Trevena is director of the Northeast Ohio Development and Finance Authority, the economic development arm of the […]

Economic Development: Broadband Initiative Wins ‘Connect Ohio’ Award | December 15, 2016

Broadband Initiative Wins ‘Connect Ohio’ Award

YOUNGSTOWN, Ohio – A roadmap to provide free broadband access throughout Mahoning County could be complete as early as May, Sarah Lown said Wednesday. Two weeks ago, Lown, who is public finance director for the Northeast Ohio Development and Finance Authority, and Pat Kerrigan, executive director of the Oak Hill Collaborative, were informed that their […]

Economic Development: Energy Infrastructure Is Vital but How to Pay for it? | December 14, 2016

Energy Infrastructure Is Vital but How to Pay for it?

WARREN, Ohio – The need to build and improve the nation’s energy infrastructure is a nonpartisan issue with widespread support but exactly how those investments should be funded is a political question still to be resolved. That was the consensus Tuesday during a panel discussion, Fueling America’s Future: Accelerating Energy and Transportation Infrastructure, hosted by […]

Economic Development: Wean Foundation Awards $900,152 in Grants | December 13, 2016

Wean Foundation Awards $900,152 in Grants

WARREN, Ohio — The Raymond John Wean Foundation awarded grants totaling $900,152 at its December board meeting, making this the foundation’s largest grant-making quarter of the year. The work represented by the five grantees represents community revitalization, access to educational opportunities and the creation of economic opportunity in the Mahoning Valley, said Jennifer Roller, president […]