Trumbull OKs Development Contract with Chamber
WARREN, Ohio – The Trumbull County Board of Commissioners approved a new 12-month, $23,000 contract with the Youngstown/Warren Regional Chamber to continue its multifaceted economic development efforts in the county.
Last year and year-to-date in 2019, the chamber managed 12 Trumbull County projects totaling $279.87 million in private company investment, Sarah Boyarko, the chamber’s chief operating officer and senior vice president of economic development, said in announcing the contract.
The projects resulted in the creation of 1,291 jobs and retention of 944 jobs, she added.
The chamber oversees the retention and expansion of local business and attraction of new investment throughout the Mahoning Valley, providing a broad range of proven economic development services. These include assisting companies in identifying suitable properties and securing project incentives.
“We must continue to work with our economic development partners to ensure success for Trumbull County,” said Mauro Cantalamessa, president of the Trumbull County Board of Commissioners. “The Regional Chamber is an important part of that process through its advocacy, business development and services.”
Among the projects that the Regional Chamber assisted were the $60 million expansion of the Ellwood Group’s Hubbard Township plant that will produce aluminum billet and slabs, and the attraction of the 1.2 million square-foot TJX HomeGoods Distribution Center that will create 1,000 jobs in Lordstown. Construction is underway at both locations.
Currently the chamber is managing 18 pending projects throughout the Valley, totaling more than $1.48 billion. Announcements are anticipated on the projects within the next 12 to 24 months, according to Boyarko.
“Companies have targeted the majority of this investment for Trumbull County, and we look forward to these future announcements, as well as bringing several new companies to our market,” Boyarko said.
Pictured: Workers prepare the site July 12 for construction of the TJX HomeGoods distribution center in Lordstown.
Copyright 2022 The Business Journal, Youngstown, Ohio.