M7 Technologies president mentions bringing business park to You - 21 News Now, More Local News for Youngstown, Ohio -

M7 Technologies president mentions bringing business park to Youngstown

Posted: Updated:
WASHINGTON, D.C. -

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 From wfmj.comMore>>

  • 6 hurt when truck hits Dairy Queen near Pittsburgh

    6 hurt when truck hits Dairy Queen near Pittsburgh

    Friday, July 25 2014 1:01 AM EDT2014-07-25 05:01:26 GMT
    PITTSBURGH (AP) - Authorities say six people were injured and a gas line was damaged after a truck crashed into a Dairy Queen in suburban Pittsburgh. The Pittsburgh Post-Gazette said the incident occurred shortly before 3 p.m. Thursday in Penn Hills. A witness tells the newspaper that she was able to help an employee get out through a window after a cash register fell onto her. That employee, the manager and four men in the truck were taken to hospitals. The newspaper says firefighters secur...More >>
    PITTSBURGH (AP) - Authorities say six people were injured and a gas line was damaged after a truck crashed into a Dairy Queen in suburban Pittsburgh. The Pittsburgh Post-Gazette said the incident occurred shortly before 3 p.m. Thursday in Penn Hills. A witness tells the newspaper that she was able to help an employee get out through a window after a cash register fell onto her. That employee, the manager and four men in the truck were taken to hospitals. The newspaper says firefighters secur...More >>
  • UPDATED

    Ohio State marching band director fired

    Ohio State marching band director fired

    Thursday, July 24 2014 8:49 PM EDT2014-07-25 00:49:54 GMT
    Ohio State University fired the director of its celebrated marching band on Thursday amid allegations he knew about and ignored "serious cultural issues," some involving rituals where students were pressured to march in their underwear or participate in sexually themed stunts.More >>
    Ohio State University fired the director of its celebrated marching band on Thursday amid allegations he knew about and ignored "serious cultural issues," some involving rituals where students were pressured to march in their underwear or participate in sexually themed stunts.More >>
  • Witness: Teen's plane didn't show obvious distress

    Witness: Teen's plane didn't show obvious distress

    Thursday, July 24 2014 7:38 PM EDT2014-07-24 23:38:16 GMT
    The family of an Indiana teenager who crashed in the Pacific Ocean during an around-the-world flight says he knew the risks and had prepared for them.More >>
    A man who saw a plane flown by an Indiana teen who was killed during an around-the-world flight attempt says the aircraft was flying low but didn't show any obvious signs of distress before diving into the ocean off...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms