Youngstown Board of Control OKs Trivium Grant Agreement
YOUNGSTOWN, Ohio – The city’s Board of Control approved a job creation grant agreement worth approximately $277,000 to support expansion at Trivium Aluminum Packaging USA Corp.
The agreement, approved at a meeting Thursday morning, provides for Trivium, which is headquartered in the Netherlands, to receive a rebate in 2025 equivalent to 75% of the income tax paid in 2024; a rebate in 2026 based on 50% of the income tax paid in 2025; and a rebate in 2027 based on 25% of the income tax paid in 2026.
“It equates to approximately $277,000,” Finance Director Kyle Miasek said.
The agreement is similar to the one reached with Steelite International to encourage it to relocate its global headquarters from New Castle, Pa., to the Taft Technology Center in downtown Youngstown.
Trivium invested in a new production line last year and planned to add 90 jobs to eventually bring employment up to 435 at the plant, Miasek said. The line is designed to extrude larger-size water bottles.
In addition, the company is considering an additional new production line, he said. Investment for the two lines could total $20 million, but he could not say how much Trivium invested in the first new line.
Ann Halvorsen, vice president of global communications for Trivium, declined to say how much the company spent for the new line. She also didn’t comment on future expansion plans in detail, but she said the market for sustainable packaging, such as metal, is good.
“We continuously adapt our operational plans to meet current and future demand,” she said. “We have several manufacturing locations in the U.S., including Youngstown, that all play an important role in Trivium’s manufacturing footprint, and we work closely with local governments to secure local job opportunities when possible.”
In other business, the Board of Control – which consists of Mayor Jamael Tito Brown, Law Director Lori Shells Simmons and Miasek – approved entering into a $24,000 professional services agreement with the Youngstown/Warren Regional Chamber to provide advocacy and consulting services and a $50,000 agreement with Oak Hill Collaborative to support the Bridging the Digital Divide Program for city residents.
The board also authorized grants totaling $23,270 to three businesses through the Covid-19 Microenterprise Grant Program. DNA Professional Detailing received $9,190, Gallery 18 LLC received $4,510 and Acacia Enterprises LLC received $9,570.
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