Analysis: Investment creates 926 new Valley jobs - WFMJ.com News weather sports for Youngstown-Warren Ohio

Analysis: Investment creates 926 new Valley jobs

Posted: Updated:
YOUNGSTOWN, Ohio -

Private companies invested more than $216 million in the Valley last year creating 926 new jobs according to data compiled by the Youngstown/Warren Regional Chamber.

The 2017 Economic Development Report Card released on Wednesday found that a total of 367 projects resulted in an investment of $216,256,009.

That compares to the previous year when 164 company projects resulted in nearly $1,137,203,886 of investment and 1,323 new jobs.

The Regional Chamber, in partnership with 16 other agencies, gathers data on economic development investment in the Valley annually.

The combined resources help companies with infrastructure investment, tax incentives, loans, project coordination, grant oversight, technical advisement, property development and other services.

Each individual agency provides project investment for business attraction, retention, expansion or startup, as well as job creation, according to the chamber.

The collective efforts of the agencies are screened for duplication and then presented in the report card.

"This piece is an important benchmark of the progress the Valley is making in critical areas related to economic development,” said Barb Ewing, CEO of the Youngstown Business Incubator. “It's a tremendous tool in helping us tell our story about the revitalization of the area."

Sarah Boyarko, senior vice president of Economic Development at the Regional Chamber, said that in addition to the report card's being used to inform the local community, regional partners and site consultants of our efforts and results, the piece is also shared with companies looking to locate in the Youngstown-Warren region.

"The companies considering an investment here are always interested in learning more about the local economy and investments made by other firms. The report card is always well-received," she noted.

The Regional Chamber is the lead economic development agency for Trumbull and Mahoning counties.

The report card may be seen here

  • Hot ClicksHot ClicksMore>>

  • Why Facebook didn't block live New Zealand shooting video

    Why Facebook didn't block live New Zealand shooting video

    Wednesday, March 20 2019 1:12 PM EDT2019-03-20 17:12:11 GMT
    (AP Photo/Vincent Yu). A police officer stands guard in front of the Masjid Al Noor mosque in Christchurch, New Zealand, Sunday, March 17, 2019, where one of two mass shootings occurred. New Zealand's stricken residents reached out to Muslims in their ...(AP Photo/Vincent Yu). A police officer stands guard in front of the Masjid Al Noor mosque in Christchurch, New Zealand, Sunday, March 17, 2019, where one of two mass shootings occurred. New Zealand's stricken residents reached out to Muslims in their ...
    (AP Photo/Vincent Yu). A police officer stands guard in front of the Masjid Al Noor mosque in Christchurch, New Zealand, Sunday, March 17, 2019, where one of two mass shootings occurred. New Zealand's stricken residents reached out to Muslims in their ...(AP Photo/Vincent Yu). A police officer stands guard in front of the Masjid Al Noor mosque in Christchurch, New Zealand, Sunday, March 17, 2019, where one of two mass shootings occurred. New Zealand's stricken residents reached out to Muslims in their ...
    Facebook no one flagged New Zealand shooting livestream, underlining tech companies' challenge policing content.More >>
    Facebook no one flagged New Zealand shooting livestream, underlining tech companies' challenge policing content.More >>
  • Records show special counsel zeroed in on Cohen early on

    Records show special counsel zeroed in on Cohen early on

    Wednesday, March 20 2019 1:04 PM EDT2019-03-20 17:04:04 GMT
    (AP Photo/Mary Altaffer, File). FILE - In this Aug. 21, 2018, file photo, Michael Cohen leaves Federal court, in New York. Newly released documents show the FBI was investigating President Donald Trump's former personal attorney and fixer for nearly a ...(AP Photo/Mary Altaffer, File). FILE - In this Aug. 21, 2018, file photo, Michael Cohen leaves Federal court, in New York. Newly released documents show the FBI was investigating President Donald Trump's former personal attorney and fixer for nearly a ...
    (AP Photo/Mary Altaffer, File). FILE - In this Aug. 21, 2018, file photo, Michael Cohen leaves Federal court, in New York. Newly released documents show the FBI was investigating President Donald Trump's former personal attorney and fixer for nearly a ...(AP Photo/Mary Altaffer, File). FILE - In this Aug. 21, 2018, file photo, Michael Cohen leaves Federal court, in New York. Newly released documents show the FBI was investigating President Donald Trump's former personal attorney and fixer for nearly a ...
    Newly released documents show the FBI was investigating President Donald Trump's former personal attorney and fixer for nearly a year before agents raided his home and office.More >>
    Newly released documents show the FBI was investigating President Donald Trump's former personal attorney and fixer for nearly a year before agents raided his home and office.More >>
  • Facebook says service hindered by lack of local news

    Facebook says service hindered by lack of local news

    Wednesday, March 20 2019 11:23 AM EDT2019-03-20 15:23:10 GMT
    (AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...(AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...
    (AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...(AP Photo/Richard Drew, File). FILE - In this March 29, 2018, file photo, the logo for Facebook appears on screens in New York's Times Square. Facebook's effort to establish a service that provides its users with local news and information is being hin...
    Facebook says that a service it established last year to provide users with local news has been hindered by cutbacks in the news industry.More >>
    Facebook says that a service it established last year to provide users with local news has been hindered by cutbacks in the news industry.More >>
Powered by Frankly
All content © Copyright 2000 - 2019 WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms