Economic Development
Manufacturers Urge Reauthorization of Export-Import Bank
Thursday, April 19, 2012YOUNGSTOWN, Ohio – The Export-Import Bank, an independent federal agency designed to help fund small businesses so they can gain a foothold in foreign markets, is integral to Ohio's economy and should be reauthorized by Congress quickly, officials say.
"The Export-Import Bank is an important supplier to Ohio manufacturers," said Eric Burkland, president of the Ohio Manufacturers' Association. "It's broadly used."
New T-Hangar to Be Built at Regional Airport
Thursday, April 19, 2012VIENNA TOWNSHIP, Ohio – Since his appointment to the Western Reserve Port Authority’s board of directors in 2004, Scott Lynn has wanted to see new T-hangars constructed at Youngstown-Warren Regional Airport. At its meeting Wedneday, the port authority took a major step closer to making that a reality.
'3 Minutes With' U.S. Sen. Sherrod Brown
Thursday, April 19, 2012YOUNGSTOWN, Ohio – In today's "3 Minutes With" video interview, U.S. Sen. Sherrod Brown offers his thoughts on the upcoming presidential election and his reelection campaign. During a recent appearance on the South Side, Brown, D-Ohio, also explains his vote against the Jumpstart Our Business Startups, or JOBS, Act.
Canadian Energy Services Company Buys Y&S Rail Line
Tuesday, April 17, 2012EAST LIVERPOOL, Ohio – By July 16, the former Youngstown & Southern Railroad will have a new owner, Tervita Corp., based in Calgary, Canada.
On its website, Tervita describes itself as “an environmental and energy services company.” It will pay $2.9 million in cash to the Columbiana County Port Authority for the 36-mile line that runs from Youngstown to Darlington, Pa., the CEO of the authority, Tracy Drake, reported Monday night.
Airport Upgrades, Prepares for Shale Industry Traffic
Monday, April 16, 2012VIENNA TOWNSHIP, Ohio – A water line replacement funded in part by the Governor’s Office of Appalachia is just one of the projects planned at Youngstown/Warren Regional Airport as it positions itself to play a role in the development in the Mahoning Valley.