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Dignan Urges Support for TJX as Chamber Marks 25 Years | March 16, 2018

BOARDMAN, Ohio – James Dignan urged people throughout the Mahoning and Shenango valleys Thursday to show their support for TJX Companies Inc. building a $165 million distribution center for its HomeGoods division in Lordstown – and to counter criticisms voiced by “disgruntled naysayers” earlier this week. Once completed, it is expected to create about 1,000 […]

BOARDMAN, Ohio – James Dignan urged people throughout the Mahoning and Shenango valleys Thursday to show their support for TJX Companies Inc. building a $165 million distribution center for its HomeGoods division in Lordstown – and to counter criticisms voiced by “disgruntled naysayers” earlier this week. Once completed, it is...

Video: Chamber CEO Seeks Support for TJX Project | March 15, 2018

tjx project youngstown/warren regional chamber

YOUNGSTOWN, Ohio -- The TJX project that would bring 1,000 jobs and a $160 million distribution warehouse to Lordstown needs the support of the entire business community, the CEO of the Youngstown/Warren Regional Chamber told members at Thursday's annual meeting. In his address to members, James Dignan said he would...

Lawrence Chamber Sees Collaboration as Its Future | March 15, 2018

NEW CASTLE, Pa. – For an area that’s faced challenges in building business in recent decades, Lawrence County certainly has the tools to rebuild its local economy, observed Gray Swoope Wednesday night. What will play a major role in that development, he said, is collaboration, something that was on display at the Lawrence County Regional […]

NEW CASTLE, Pa. – For an area that’s faced challenges in building business in recent decades, Lawrence County certainly has the tools to rebuild its local economy, observed Gray Swoope Wednesday night. What will play a major role in that development, he said, is collaboration, something that was on display...

PTT’s Belmont County Cracker Project Grows to Size of Shell Plant | March 13, 2018

YOUNGSTOWN, Ohio – The petrochemical plant PTT Global Chemical of Thailand says it hopes to build in Belmont County would be twice the size of what it first proposed in 2015. Not only that, it would produce nearly as much ethylene as the ethane cracker plant Royal Dutch Shell is building in Beaver County, Pa. […]

YOUNGSTOWN, Ohio – The petrochemical plant PTT Global Chemical of Thailand says it hopes to build in Belmont County would be twice the size of what it first proposed in 2015. Not only that, it would produce nearly as much ethylene as the ethane cracker plant Royal Dutch Shell is...

Warren, Youngstown Post Highest Jobless Rates | March 13, 2018

YOUNGSTOWN, Ohio – Local unemployment rates spiked in January, the Ohio Department of Job and Family Services reported this morning. Unemployment rates in Mahoning and Trumbull counties were up both from December and from a year earlier, data shows. Trumbull County’s unemployment rate was 8.4% in January, up from 6.15 in December and from 7.8% […]

YOUNGSTOWN, Ohio – Local unemployment rates spiked in January, the Ohio Department of Job and Family Services reported this morning. Unemployment rates in Mahoning and Trumbull counties were up both from December and from a year earlier, data shows. Trumbull County’s unemployment rate was 8.4% in January, up from 6.15...

Valley Growth Ventures Eyes Investments by Midyear | March 13, 2018

YOUNGSTOWN, Ohio – Valley Growth Ventures could make four investments in early stage companies during the first half of the year, the venture capital fund’s manager said Monday afternoon. Valley Growth Ventures, a micro-venture capital investment fund formed by several Mahoning Valley partners in 2016, announced yesterday morning that it had raised $6 million from […]

YOUNGSTOWN, Ohio – Valley Growth Ventures could make four investments in early stage companies during the first half of the year, the venture capital fund’s manager said Monday afternoon. Valley Growth Ventures, a micro-venture capital investment fund formed by several Mahoning Valley partners in 2016, announced yesterday morning that it...

Valley Growth Ventures Launches with $6M in Capital | March 12, 2018

YOUNGSTOWN, OHIO — Valley Growth Ventures, a $6 million micro-venture capital investment fund launched in 2016, announced this morning that is has raised just over $3 million from private investors, which was matched with $3 million from the state of Ohio’s Third Frontier Pre-Seed/Seed Plus Fund Capitalization Program. The equity capital represents 44 investors, not […]

YOUNGSTOWN, OHIO -- Valley Growth Ventures, a $6 million micro-venture capital investment fund launched in 2016, announced this morning that is has raised just over $3 million from private investors, which was matched with $3 million from the state of Ohio’s Third Frontier Pre-Seed/Seed Plus Fund Capitalization Program. The equity...

SMAR2T Bid Denied, Ryan, Brown Seek Other Sources | March 12, 2018

YOUNGSTOWN, Ohio – U.S. Rep. Tim Ryan and U.S. Sen. Sherrod Brown pledged Friday to seek other funds in support of the Youngstown SMAR2T Network after learning that the project was denied funding in the latest round of the Tiger program. Last fall, 12 partners here applied for $10.3 million from the Transportation Infrastructure Generating […]

YOUNGSTOWN, Ohio – U.S. Rep. Tim Ryan and U.S. Sen. Sherrod Brown pledged Friday to seek other funds in support of the Youngstown SMAR2T Network after learning that the project was denied funding in the latest round of the Tiger program. Last fall, 12 partners here applied for $10.3 million...

Penn-Northwest Rolls Dice to Lure Mini-Casino | March 9, 2018

Penn-Northwest Rolls Dice to Lure Mini-Casino

YOUNGSTOWN, Ohio – Penn-Northwest Development Corp., Sharon, Pa., will pursue a two-track strategy to land one of the mini-casinos Pennsylvania is awarding, including potentially luring one awarded for the New Castle area into Mercer County. The opportunity to land one of the mini-casinos in Mercer County passed by Friday – at least for the time […]

YOUNGSTOWN, Ohio – Penn-Northwest Development Corp., Sharon, Pa., will pursue a two-track strategy to land one of the mini-casinos Pennsylvania is awarding, including potentially luring one awarded for the New Castle area into Mercer County. The opportunity to land one of the mini-casinos in Mercer County passed by Friday –...

Feds Pass on $10.3M Tiger Grant for Youngstown | March 9, 2018

Feds Pass on $10.3M Tiger Grant, City Partners Stay Committed

YOUNGSTOWN, Ohio – Local officials expressed disappointment this morning that the city’s application for a $10.3 million federal grant was passed over, but said parts of the project would proceed regardless. Eastgate Regional Council of Governments last fall submitted the application for the Transportation Infrastructure Generating Economic Recovery – or Tiger – grant on behalf […]

YOUNGSTOWN, Ohio – Local officials expressed disappointment this morning that the city’s application for a $10.3 million federal grant was passed over, but said parts of the project would proceed regardless. Eastgate Regional Council of Governments last fall submitted the application for the Transportation Infrastructure Generating Economic Recovery – or...