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JobsOhio Reports $9.6B in Capital Investment in ’18

COLUMBUS – JobsOhio, the private corporation formed to spearhead Ohio’s economic development efforts, collaborated with state, regional and local partners on 266 announced projects last year. The development organization, which issued its 2018 annual report and 2019 strategic plan Friday, also reported $9.6 billion in capital investment tied to those projects, “a new high for […]

COLUMBUS – JobsOhio, the private corporation formed to spearhead Ohio’s economic development efforts, collaborated with state, regional and local partners on 266 announced projects last year. The development organization, which issued its 2018 annual report and 2019 strategic plan Friday, also reported $9.6 billion in capital investment tied to those...

2019 Begins with Record Startup Filings in Ohio

COLUMBUS, Ohio — 2019 is off to a brisk start in terms of new business filings, Ohio Secretary of State Frank LaRose announced Friday, with 12,129 new entities submitting startup documents to his office in January. That amounts to increase of 2,054, or 20.4%, when compared to January 2018. “Ohio’s economy is strengthened when a […]

COLUMBUS, Ohio -- 2019 is off to a brisk start in terms of new business filings, Ohio Secretary of State Frank LaRose announced Friday, with 12,129 new entities submitting startup documents to his office in January. That amounts to increase of 2,054, or 20.4%, when compared to January 2018. “Ohio’s...

Economists, Bankers Look Beyond GM

YOUNGSTOWN, Ohio – Economists and bankers agree that although the anticipated loss in March of the General Motors Lordstown plant and the shutdowns of its suppliers would be devastating, it would not be a fatal blow, they say. Most of Huntington National Bank area business clients “feel very good” about 2019, says Bill Shivers, regional […]

YOUNGSTOWN, Ohio – Economists and bankers agree that although the anticipated loss in March of the General Motors Lordstown plant and the shutdowns of its suppliers would be devastating, it would not be a fatal blow, they say. Most of Huntington National Bank area business clients “feel very good” about...

Sharon Awarded Grant for Downtown Planning

SHARON, Pa. – A $15,000 grant from Pennsylvania’s Keystone Communities program will support creation of a coordinated business development plan for downtown Sharon and could open sources of funding for city improvements, the city’s economic development director said. The grant, which requires a $15,000 local match, will be used to fund a business development feasibility […]

SHARON, Pa. – A $15,000 grant from Pennsylvania’s Keystone Communities program will support creation of a coordinated business development plan for downtown Sharon and could open sources of funding for city improvements, the city’s economic development director said. The grant, which requires a $15,000 local match, will be used to...

Developer Seeks Equity Investors for $925M Power Plant

Developer Seeks Equity Investors for $925M Power Plant

LORDSTOWN, Ohio – The developer behind a $925 million natural-gas power plant slated for the Lordstown Industrial Park said Monday that it’s aggressively going after the key piece of equity funding needed to bring the project over the finish line. “We think because the plant is favorably located and has great characteristics, we could be […]

LORDSTOWN, Ohio – The developer behind a $925 million natural-gas power plant slated for the Lordstown Industrial Park said Monday that it’s aggressively going after the key piece of equity funding needed to bring the project over the finish line. “We think because the plant is favorably located and has...

$925M Power Plant On Track for Summer Groundbreaking

LORDSTOWN, Ohio— The groundbreaking for $925 million combined-cycle energy plant at the Lordstown Industrial Park could be held as early as this summer, according to the project’s developer. Bill Siderewicz, president of Clean Energy Future LLC, said that his company is in the process of raising construction funding for the Trumbull Energy Center, now that […]

LORDSTOWN, Ohio— The groundbreaking for $925 million combined-cycle energy plant at the Lordstown Industrial Park could be held as early as this summer, according to the project's developer. Bill Siderewicz, president of Clean Energy Future LLC, said that his company is in the process of raising construction funding for the...

SBA Accepting Applications for Emerging Leaders Program

YOUNGSTOWN, Ohio – Registration is open for the Small Business Administration’s Emerging Leaders training program, which will be held locally at Youngstown State University. Over the course of the program, which runs April through October, includes 40 hours in in-class training, seven meeting with CEO mentors, course work and networking opportunities. Applicants must have been […]

YOUNGSTOWN, Ohio – Registration is open for the Small Business Administration’s Emerging Leaders training program, which will be held locally at Youngstown State University. Over the course of the program, which runs April through October, includes 40 hours in in-class training, seven meeting with CEO mentors, course work and networking...

Bold New Plan Envisions Mahoning River State Park

WARREN, Ohio – Development specialists from across the Mahoning Valley on Friday presented Gov. Mike DeWine with a bold new strategy to enhance the quality of life in the region: consider the Mahoning River Corridor as a state park, “We’re just kicking the tires right now,” said Jim Kinnick, executive director of the Eastgate Regional […]

WARREN, Ohio – Development specialists from across the Mahoning Valley on Friday presented Gov. Mike DeWine with a bold new strategy to enhance the quality of life in the region: consider the Mahoning River Corridor as a state park, “We’re just kicking the tires right now,” said Jim Kinnick, executive...

S&P Cites Mahoning County Economy as ‘Weak’

YOUNGSTOWN, Ohio – Standard & Poor’s Global Ratings has increased Mahoning County’s long-term bond rating to AA- from A+, despite citing the economy as “weak” in its latest review of the county’s financial progress, reported Mahoning County Auditor Ralph Meacham at the board of commissioners meeting Thursday. The bond rating is an upgrade from the […]

YOUNGSTOWN, Ohio – Standard & Poor’s Global Ratings has increased Mahoning County’s long-term bond rating to AA- from A+, despite citing the economy as “weak” in its latest review of the county's financial progress, reported Mahoning County Auditor Ralph Meacham at the board of commissioners meeting Thursday. The bond rating...

WRPA to Aid $9.3M Trailstar Plant Expansion Project

WARREN, Ohio – A proposed $9.3 million expansion at Trailstar International is a step closer to fruition following action by the Western Reserve Port Authority. At its meeting Wednesday, the port authority’s board of directors approved authorizing its executive director to negotiate a capital lease agreement with the Smith Township company to develop manufacturing and […]

WARREN, Ohio – A proposed $9.3 million expansion at Trailstar International is a step closer to fruition following action by the Western Reserve Port Authority. At its meeting Wednesday, the port authority’s board of directors approved authorizing its executive director to negotiate a capital lease agreement with the Smith Township...