M7 Technologies president mentions bringing business park to You - WFMJ.com News weather sports for Youngstown-Warren Ohio

M7 Technologies president mentions bringing business park to Youngstown

Posted: Updated:

Plans are in the works for what's being called a "21st Century Business Park" that could bring jobs and money to the Valley.

The president and CEO of M7 Technologies said they are in the process of designing and building the park that will co-locate value chain suppliers of 3-D printing.

Mike Garvey talked about it during a panel discussion at the Brookings Institute in Washington D.C.

"We will be building this park in Youngstown with about 15 innovation centers, populated primarily by Fortune 500 companies that each center will have 100 employees. And, when you do the math and think about just the payroll taxes that will result in this development, there's about a six to one payback in one year of the federal investment that went in to establishing this center, that is now attracting private investment," said Garvey.

The director of the National Additive Manufacturing Innovation Institute was also on the panel.

The park would compliment the "America Makes" hub in downtown Youngstown.

Mahoning County Commissioner Anthony Trafficanti told 21 News there will be a presentation about the park at an upcoming meeting.

Garvey could not be reached for comment about the possibility of the business park.

You can view the panel discussions here.

 

  • More NewsMore>>

  • Ohio State Fair opens but rides closed after deadly accident

    Ohio State Fair opens but rides closed after deadly accident

    Thursday, July 27 2017 12:52 PM EDT2017-07-27 16:52:33 GMT
    The Ohio State Fair will be open Thursday, a day after one person was killed and seven others were injured when an "aggressive thrill" ride broke apart.More >>
    The Ohio State Fair will be open Thursday, a day after one person was killed and seven others were injured when an "aggressive thrill" ride broke apart.More >>
  • 'Fired by tweet:' Troops, veterans react to transgender ban

    'Fired by tweet:' Troops, veterans react to transgender ban

    Thursday, July 27 2017 12:43 PM EDT2017-07-27 16:43:37 GMT
    'Fired by tweet:' Transgender active-duty troops shocked by Trump's ban.More >>
    'Fired by tweet:' Transgender active-duty troops shocked by Trump's ban.More >>
  • Authorities identify victims of Ohio State Fair accident

    Authorities identify victims of Ohio State Fair accident

    Thursday, July 27 2017 12:38 PM EDT2017-07-27 16:38:37 GMT
    The Ohio State Highway Patrol continues to investigate a ride accident which resulted in the death of one person and injured seven others. The accident occurred at the Ohio State Fair Wednesday evening on a ride called the Fireball, which is operated by Amusements of America. Tyler Jarrell, 18, of Columbus, Ohio, was pronounced deceased at the fairgrounds. The following were injured and transported to area hospitals: Tamika Dunlap, 36, of Reynoldsburg Russell Franks, 42, of Col...More >>
    The Ohio State Highway Patrol continues to investigate a ride accident which resulted in the death of one person and injured seven others. The accident occurred at the Ohio State Fair Wednesday evening on a ride called the Fireball, which is operated by Amusements of America. Tyler Jarrell, 18, of Columbus, Ohio, was pronounced deceased at the fairgrounds. The following were injured and transported to area hospitals: Tamika Dunlap, 36, of Reynoldsburg Russell Franks, 42, of Col...More >>
Powered by Frankly
All content © Copyright 2000 - 2017 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms