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Economic Development

Warren’s TBEIC Incubator Begins Accepting Tenants

Wednesday, December 17, 2014
By Michael Moliterno
  • Economic Development

WARREN, Ohio -- When Dave Nestic accepted his position as chief executive of regional operations at the Tech Belt Energy Innovation Center here, he didn’t bite off more than he could chew. But he might have gotten a bit more than he bargained for.

“I will tell you that when I started, I said, ‘This is a 24-month job,’ ” he recalls. “At the end of 24 months we should have a building. We should have a program. And we should be able to then go out and hire a full-time executive director.”

Attorney Bushey New Chairman of Regional Chamber

Wednesday, December 17, 2014
  • Economic Development

YOUNGSTOWN, Ohio -- Martha Bushey, an attorney with Manchester, Bennett, Powers & Ullman, is the 2015 chairman of the Youngstown Warren Regional Chamber. Bushey succeeds Pete Asimakopoulos, Youngstown market president for First National Bank, who served as chairman for two years and moves into the role of immediate past chairman.

Taylor Touts Successes of Common Sense Initiative

Tuesday, December 16, 2014
By Dan O'Brien
  • Economic Development

YOUNGSTOWN, Ohio -- Last year Shepherd of the Valley Inc. faced a dilemma: it was trying to reduce the number of beds by 20 at one of its skilled-nursing centers at the request of the state of Ohio, but the state also required Shepherd to submit a certificate of need application.

The process initially proved cumbersome, slow and expensive, Don Kacmar, Shepherd executive director who is retiring Dec. 31, recalled Monday. As the application process dragged on and those empty beds remained on the books, it was costing Shepherd more in fees paid to the state – about $200 a day.

Ohio New Business Filings Up Again in November

Monday, December 15, 2014
  • Economic Development

COLUMBUS, Ohio -- The number of new entities filing to do business in the state was up in November compared to the same month one year ago. According to the office of Secretary of State Jon Husted, 6,366 new filed start-up documents last month. This compares to November 2013, in which 6,180 new entities filed documents.

Budget Includes $10M for 3-D Defense Project

Monday, December 15, 2014
  • Economic Development

YOUNGSTOWN, Ohio -- U.S. Rep. Tim Ryan, D-13 Ohio, has secured $10 million to create an additive manufacturing innovation research program based at Wright Patterson Air Force Base in Dayton. The initiative also involves the University of Dayton Research Institute and Youngstown State University.

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