Metropolitan Profile

Youngstown & Warren, Ohio

Youngstown/Warren Regional Chamber

A Great Location…. A great location and a logical center for your business. Youngstown-Warren Ohio is the only metro area centered between Chicago and New York, providing easy overnight ground access to both.

Youngstown is also equally located between two major cities, Cleveland and Pittsburgh.

With a great infrastructure and the ability to easily move products through the area, Youngstown/Warren metro area is the ideal place to locate your company.

It is strategically located within 500 miles of: • 60% of the U.S. effective buying income. • 40% of the Canadian population. • 55% of all U.S. manufacturing. • 10 of the top 25 U.S. metro markets. • 50% of the U.S. population. It is within 75 miles of CLEVELAND, PITTSBURGH, • 41% of all U.S. Households AKRON, CANTON, ERIE and..... • 55% of all manufacturing facilities • 6.3 million people • 58% of the top 500 U.S. industrial headquarters • 8,700 manufacturing plants • 56% of the top 500 U.S. service corporate • 9,100 wholesale/distribution centers • 15 Fortune 500 company world headquarters • 2 international airports – that move 177 million tons of cargo per year • 3 regional airports • Lake Erie shipping • Ohio River ports • 95 college and university campus locations • the center of the Cleveland-Youngstown- Pittsburgh TechBelt

The Youngstown-Warren-Boardman, OH-PA Metropolitan Statistical Area (MSA) is com- prised of Trumbull and Mahoning Counties in Ohio and Mercer County in Pennsylvania. The area includes the cities of Warren, Youngstown and Sharon. Columbiana County is just south of the region and is included in the Youngstown-Warren-East Liverpool, OH-PA Combined Statistical Area (CSA), as designated by the U.S. Census.

Table of Contents….

Why Choose Youngstown ...... 2 Education: Colleges & Universities ...... 15 Quick Facts ...... 2 Education: Workforce Development ...... 18 Location: Infrastructure ...... 3 Education: P-16 ...... 19 Population: Demographics ...... 5 TechBelt Region ...... 20 Economy: Jobs ...... 6 Quality of Life: Cost of Living ...... 21 Economy: Labor Force ...... 7 Quality of Life: Local Highlights ...... 22 Economy: Largest Employers ...... 8 Quality of Life: Regional Highlights ...... 24 Economy: Investment...... 19 Quality of Life: Health Care ...... 25 Industries: Clusters ...... 10 Business Taxes...... 26 Gateway to Marcellus Shale ...... 12 Business Incentives ...... 27 Real Estate ...... 13

The Youngstown/Warren Regional Chamber is Mahoning Valley’s source for economic development information and assistance. The Regional Chamber's Economic Development Division provides a broad range of economic development services to prospective and existing area firms. We help companies grow by furnishing facts and assistance that is tailored to fit individual business needs, including information on: • Available Land and Buildings • Low Interest Financing • International Trade Opportunities • Tax Credits and Abatements • Training Grants and Infrastructure Funding …and much more… Our team works in partnership with you in order to maximize your company's success. We have helped more than 600 firms make new investments totaling $9.5 billion. Our experience can help turn your vision into reality.

Youngstown/Warren Regional Chamber 100 East Federal Street, Suite 500 www.regionalchamber.com Youngstown, Ohio 44503 [email protected] 330.744.2131 phone 330.746.0330 fax

Why Choose Youngstown-Warren, Ohio?

It’s The Best Place To Be… That is what Entrepreneur and Site Selection magazines say about the area as they ranked it one of the best locations to position a business! Center of the TechBelt… Youngstown-Warren sits midway between Cleveland and Pittsburgh in the Northeast Ohio-Western Pennsylvania TechBelt. This area is success- fully transitioning to a technology and knowledge-based economy by leveraging its industrial and academic strengths. We Are Not Rusty Anymore… Since 2010, the Regional Chamber has assisted 150 businesses in invest- Quick Facts ing $4.1 billion here, creating 6,100 new jobs - proving this is the place to be in today’s global economy. We are a center for advanced manufactur- MSA Region: ing, distribution and back office activity. Youngstown-Warren Boardman, Hub of Innovation… OH-PA The area was recently designated Ohio’s Entrepreneurial Hub of Ad- Location: vanced Materials Commercialization and Software Development. Ameri- ca Makes (formerly NAMII—National Additive Manufacturing Innovation Northeast Ohio, Western Pennsyl- vania Institute) is headquartered here. Unparalleled Market Access… Population: 536,081 This is the only place that offers effective overnight ground access to Households: 230,643 both New York City and Chicago - both are within an 8 hour drive. Median Household Income: Easy and Uncongested Connectivity… $48,558 I-80 and I-76 run through the heart of region, which is also served by 5 Per Capita Income: $28,064 airports (2 international), 2 class 1 rail service providers and direct highway access to Lake Erie and Ohio River ports. Median Housing Value: $108,900 Our Low Costs & Your Bottom Line… Median Housing Cost: $999 The region’s low cost business environment, coupled with its low cost of monthly living is consistently below the U.S. average and the housing market is Median Rent: $675 monthly ranked as one of the most affordable in the nation. K-12 School Buildings: 213 Available and Productive Employees... There is an abundant supply of available, affordable and highly produc- K-12 Enrollment: 77,068 tive labor. With award-winning business incubators and dedicated train- Trade Schools, Colleges and Uni- ing facilities, our diverse workforce has proven it can exceed the de- versities: 30 mands of any business setting. Higher Education Enrollment: Our Thirst For Knowledge… 25,400 Youngstown State University, Kent State University’s regional campus- Hospitals: 16 es, Walsh University and the new Eastern Ohio Community College provide outstanding educational opportunities, plus there are more than 95 Primary Care Physicians: 550 higher-ed campuses within just a 2 hour drive. Cost of Living Index: 82.8 It’s an Exciting and Vibrant Place To Live... Industrial Parks: 32 Outstanding parks, museums, theaters, art galleries, sporting events, golf courses, county clubs, live concert and event venues, biking and Airport: hiking trails, lakes, night-spots, health clubs and much more provide Youngstown-Warren Regional residents with a dynamic choice of recreational opportunities. Airport Highways: I-80, I-76, I-680, SR 11, SR 82 Elevation: 980 ft.

Youngstown/Warren Regional Chamber

Because of the great location, shipping cargo to the region is easy by air, highway, rail or water port.

LAKE ERIE PORTS OHIO RIVER PORTS RAILROADS HIGHWAYS Ashtabula Pittsburgh Amtrak Ohio Turnpike (east-west) Cleveland East Liverpool CSX I-76/I-80 (east-west) Conneaut Wellsville Norfolk & Southern State Route 82 (east-west) Erie and several Short Lines I-79 (north-south) Provides access to Atlantic via Provides access to Gulf of Mexico State Route 11 (north-south) St. Lawrence Seaway via Mississippi River State Route 711 (north-south)

LAND DISTANCE TO MAJOR MARKETS Rank by Metro Market Miles Shipping Days According to the Bureau of Population Transportation Statistics, nearly 1 New York 410 1 all shipments require the use of 3 Chicago 415 1 more than one mode of 6 Washington 312 1 7 Philadelphia 375 1 transportation to reach their 10 Boston 600 2 final destination. Infrastructure 14 Detroit 230 1 within the Youngstown-Warren 21 Baltimore 307 1 region provides a one-of-a-kind 22 Charlotte 525 1 26 Pittsburgh 66 1 logistical environment to meet 28 Cincinnati 278 1 all your shipping and cargo 32 Cleveland 85 1 needs. Source: U.S. Census Bureau, 2016 Population Estimates. Shipping Statistics: * Cleveland Hopkins International Airport moves 92 million tons and Pittsburgh International Airport moves 85 million tons of cargo annually. * The Ohio River Waterway accounts for more than one-third of the maritime cargo moving inland in the U.S. * More than 14 billion vehicle miles were traveled on Ohio interstates, freeways and expressways in 2008. * Together CSX and Norfolk Southern Corporation operate over 4,100 miles of railroad in Ohio.

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Get Here Quickly….

Youngstown-Warren features two international Airport Distance and Drive Times: airports and three regional airports within an hour's Cleveland Hopkins International Airport— drive. (60 miles) 1 hour Pittsburgh International Airport— (60 miles) 1 hour Akron-Canton Regional Airport— (48 miles) 45 min

Cleveland Hopkins International Airport (CLE) and Pittsburgh International Airport (PIT) as well as Akron-Canton Regional Airport (CAK) emplane more than 19 million passengers and move 134 million tons of cargo annually.

The area is only one flight away from major cities Daily direct flights from Cleveland (CLE), Pittsburgh (PIT) and Akron-Canton (CAK) airports to major U.S. cities. in the U.S. . International travelers can easily

Youngstown-Warren Regional Airport—exceptional passenger, cargo and development opportunities

• The Youngstown-Warren Regional Airport has a 9,003' runway, the longest in northeast Ohio, and a 5,000' secondary runway and ac- commodates both cargo and passenger aircraft. • The Federal Aviation Administration provides staffed 24-hour Air Traffic Control services at the airport while Youngstown Approach Control and Cleveland Air Traffic Control Center provide radar services. • Winner Aviation, the onsite fixed base operator, services aircraft for fueling needs, maintenance and repair, and ground handling for airlines and air cargo. The Youngstown-Warren Regional Airport is also home to the Youngs- town Air Reserve Station - the 910th Airlift Wing, which has 8 Lockheed C -130H2 Hercules transport and cargo aircraft.

Designated an Enterprise Zone, AEROPark is a multi-modal business park that has direct runway access as well as immediate highway connectivity.

Youngstown-Warren Regional Airport, located in Vienna, Ohio, along with AEROPark business park and the Youngstown Air Reserve Station.

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Home to 723,000 people...

The Youngstown-Warren-Boardman Metropolitan Statistical Area (MSA) includes Mahoning and Trumbull Counties in Ohio and Mercer County in Pennsylvania. But, it is so much more. The region fully interacts with surrounding counties of Columbiana in Ohio and Lawrence County in Pennsylvania, drawing a talented workforce, connecting logistical infrastructure and developing business opportunities.

With the cities of Youngstown and Warren as centers of business and innovation, the Mahoning Valley, as it is also called, offers firms a qualified labor pool, available land and buildings with very competitive lease/build rates, ready access to the nation's highways and ports, and a pleasing affordable quality of life.

The population of the cities of Youngstown and Warren are 64,783 and 39,307 respectively. There are 103 townships, 19 cities and 44 villages/boroughs located in the five county area.

Population of Largest Places Columbiana County East Liverpool city 10,692 Perry township 16,127 Salem city/township 16,826 Mahoning County Austintown township 35,307 Boardman township 39,304 Canfield city/township 22,759 Poland township/village 16,776 Struthers city 10,242 Youngstown city 64,783 Trumbull County Girard City 9,227 County 2019 Population Square Miles Howland township 18,301 Trumbull, OH 197,974 612 Hubbard city/township 20,296 Mahoning, OH 228,683 417 Liberty township 20,926 Mercer, PA 109,424 672 Niles city 18,176 YWB* MSA Total 536,081 1,701 Newton Falls city/township 12,934 Columbiana, OH 101,883 534 Warren city 39,307 YWE* CSA Total 637,964 2,235 Weathersfield township 24,768 Lawrence, PA 85,512 360 Mercer County YW Market Area* 723,476 2,595 Hermitage city 15,693 YWB= Youngstown-Warren-Boardman Metropolitan Statistical Area: Mahoning and Sharon 13,227 Trumbull Counties in Ohio and Mercer County in Pennsylvania. YWE= Youngstown-Warren-East Liverpool Combined Statistical Area: Mahoning, Lawrence County Trumbull and Columbiana Counties in Ohio and Mercer County in Pennsylvania. YW Market Area= 5-County area: Mahoning, Trumbull and Columbiana Counties in Ohio New Castle city 21,991 plus Mercer and Lawrence Counties in Pennsylvania. Source: Population Estimates 2019, U.S. Census Bureau. Source: Population Estimates 2019 U.S. Census Bureau.

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An Awakening Economy….

The area's economy, anchored by manufacturing and related trade continues to diversify, with significant growth in the education and health sectors. The metro area currently supplies jobs for 220,000 workers.

Employment by Sector 2010 and 2019 (percentage of total jobs)

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000

Construction & Mining (4%) Manufacturing (12%) Trade, Transportation & Utilities (21%) Information (1%) 2010 Financial Activities (3%) 2019 Professional & Business Services (9%) Educational & Health Services (21%) Leisure and Hospitality (11%) Other (4%) Government (14%)

Source: Ohio Labor Market Information, Current Employment Survey, Annual Averages.

Employment By Industry—Top 25 Sectors

NAICS Industry Description Employment Establishments Rank 722 Food services and drinking places 19,869 1,082 1 621 Ambulatory health care services 16,745 1,281 2 623 Nursing and residential care facilities 11,974 188 3 561 Administrative and support services 11,313 578 4 311 Food manufacturing 8,232 38 5 622 Hospitals 7,996 18 6 452 General merchandise stores 6,171 149 7 238 Specialty trade contractors 6,018 668 8 332 Fabricated metal product manufacturing 6,012 206 9 336 Transportation equipment manufacturing 5,822 26 10 624 Social assistance 5,810 256 11 331 Primary metal manufacturing 5,630 46 12 423 Merchant wholesalers, durable goods 5,398 404 13 813 Religious, grantmaking, civic, professional, organizations 5,324 709 14 445 Food and beverage stores 4,944 251 15 541 Professional, scientific, and technical services 4,548 851 16 484 Truck transportation 3,942 238 17 441 Motor vehicle and parts dealers 3,919 248 18 448 Clothing and clothing accessories stores 3,719 289 19 522 Credit intermediation and related activities 3,558 332 20 611 Educational services 3,476 108 21 551 Management of companies and enterprises 2,960 81 22 446 Health and personal care stores 2,498 193 23 444 Building material and garden equipment and supplies dealers 2,488 166 24 713 Amusement, gambling, and recreation industries 2,471 147 25

Source: County Business Patterns, 2017, U.S. Census. Youngstown/Warren Regional Chamber 6

Available Skilled Labor ...

Youngstown-Warren, Ohio is ideal for growing companies. The region attracts workers from surrounding counties, and throughout the Cleveland- Youngstown-Pittsburgh TechBelt. YEAR LABOR FORCE EMPLOYMENT UNEMPLOYMENT RATE MSA MSA MSA Ohio U.S. 2011 263,700 238,000 9.7% 8.8% 8.9% 2012 260,000 238,100 8.4% 7.4% 8.1% 2013 257,800 235,800 8.6% 7.5% 7.4% 2014 253,500 236,400 6.7% 5.8% 6.2% 2015 251,100 235,700 6.1% 4.9% 5.3% 2016 248,800 232,800 6.5% 5.0% 4.9% 2017 244,800 228,400 6.7% 5.0% 4.4% 2018 241,700 227,800 5.7% 4.5% 3.9% Average Commute Times: 2019 239,200 225,500 5.7% 4.1% 3.7% 2020 231,300 207,500 10.3% 8.1% 8.1% Local - within counties: Source: Ohio Labor Market Information, Civilian Labor Force Estimates, Annual Averages. 20 to 30 minutes

Outside Youngstown-Warren: 45 minutes to 1 hour Youngstown-Warren Wage Comparison Low labor costs provide companies here with a competitive edge. The table below lists the median hourly wages for the local area, state and nation.

Median Hourly Wage Occupational Title YW MSA OH US Accountants and Auditors $28.85 $31.58 $34.40 Computer Programmers $29.49 $37.02 $41.61 Software Developers, Systems Software $42.46 $44.28 $51.69 Electrical Engineers $37.47 $40.78 $48.68 Human Resources Managers $46.33 $54.62 $56.11 Network and Computer Systems Administrators $34.64 $37.71 $40.15 Office Shipping, Receiving & Inventory Clerks $16.31 $16.27 $16.44 Computer Support Specialists $20.72 $23.15 $25.13 Customer Service Representatives $15.76 $16.70 $16.69 Data Entry Keyers $11.98 $15.60 $16.10 Receptionists and Information Clerks $12.18 $20.69 $14.45 Sales Representatives, Wholesale and Manufacturing $26.82 $27.95 $28.81 Secretaries, Except Legal, Medical, and Executive $15.29 $17.42 $18.12 Telemarketers $9.95 $11.69 $12.64 Manufacturing/Distribution Computer-Controlled Machine Tool Operators-Metal/Plastic $18.91 $19.17 $20.68 Electronic and Electrical Equipment Assemblers $17.01 $16.64 $16.74 Laborers and Freight, Stock, and Material Movers $13.20 $14.43 $14.19 Machinists $21.28 $20.46 $21.36 Multiple Machine Tool Setters, Operators $31.11 $17.15 $17.47 Welders, Cutters, Solderers, and Brazers $18.00 $19.20 $20.43

Source: Bureau of Labor Statistics, Occupational Employment and Wage Estimates, May 2019.

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Companies that Choose Here….

Over 1,000 Employees Mahoning County Youngstown OH County Government Mercy Health Youngstown OH Hospital Services Southwoods Health Boardman Health Care Hospitals Steward ValleyCare Health System (Trumbull/ Youngstown/Warren OH Hospital Services Trumbull County Warren OH County Government VXI Global Solutions Youngstown OH Call Center Warren City Schools Warren OH Educational Services Windsor House Various locations Nursing Homes/Assisted Living Youngstown Air Reserve Station (910th Airlift Vienna OH Military Youngstown City Schools Youngstown OH Educational Services Youngstown State University Youngstown OH Higher Education

500-1,000 Employees AT&T Call Center Boardman OH Call Center AVI Food Systems Warren OH Food Service Covelli Enterprises (Panera) Multi-County Food Service FreshMark / Carriage Hill Foods Salem OH Meat Processor Howland Local Schools Howland OH Educational Services Giant Eagle Markets Various locations Retail Grocery Chain Huntington Bank Various locations Banking Services Shepherd of the Valley Various locations Nursing Homes/Assisted Living Howmet/Arconic-Niles Ingot & Mill Products Niles OH Titanium AIM NationaLease Girard OH Trucking Aptiv (formerly Delphi) Warren OH Auto Parts Briarfield Manor Health Care Centers Austintown OH Nursing Homes/Assisted Living City of Youngstown Youngstown OH City Government Home Savings & Loan Youngstown OH Banking Services Ohio Security Systems Warren OH Security/Janitorial U. S. Postal Service Youngstown OH Mail Services Boardman Local Schools Boardman OH Educational Services Alorica Niles OH Call Center Vallourec Youngstown OH Steel & Pipe Connections Manu- Blue Sky Therapy Management Canfield OH Rehabilitation Services Akron Children's Hospital Boardman OH Hospital Services Diocese of Youngstown Youngstown OH Church/School Wal Mart Various locations Retail Chain

Compiled from public sources.

A number of companies with locations world-wide are B J Alan Co Inc., the nation’s leading distributor of consumer fire- headquartered here in the Youngstown-Warren area. works, operates firework showrooms in 12 states and leases over 1,200 temporary locations annually.

Covelli Enterprises—largest franchisee of Panera Bread and MPI Label Systems—one of the top 10 label companies has 10 O’Charley’s restaurants serves the US and Canada. manufacturing facilities and 35 sales locations in 8 states.

Schwebel Baking—a market leader of baked bread has four bak- Cafaro Company—one of the largest privately-owned retail devel- ing facilities and 30 distribution centers across a 4-state area. opers in the country, the company lists 12 malls and 39 open air centers in 11 states among its property listings. Handels Homemade Ice Cream—voted as one of the 10 Best of Everything by National Geographic -has 37 locations in six states AVI Food Systems—Operates in 34 states in the US and two prov- across the U.S. inces in Canada offering concession food services, state-of-the-art vending programs and catering services.

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...Also Invest and Grow Here…. Advanced manufacturers, distributors and business service firms choose to locate in Youngstown-Warren, Ohio. Projects listed below demonstrate a range of investment in the Mahoning Valley.

Date Company Sector $ Investment 2014 Matalco Inc Manufacturing $100,000,000 2015 Clark Dietrich Manufacturing $18,000,000 2015 FedEx Ground Distribution $9,000,000 2016 Lordstown Energy Center—gas-fired power plant Energy $900,000,000 2016 Nordson Manufacturing $29,000,000 2016 Fireline Manufacturing $6,000,000 2017 Dinesol Manufacturing $7,000,000 2017 Anderson DuBose Distribution $13,000,000 2017 Ohio Star Forge Manufacturing $4,700,000 2017 Generations Behavioral Health Health Service $12,000,000 2018 Ellwood Engineered Coatings Manufacturing $60,000,000 2018 PurFoods Manufacturing $11,000,000 2018 Shepherd of the Valley Health Service $30,000,000 2019 TJX/HomeGoods Distribution $170,000,000 2019 Old Dominion Distribution $7,300,000 2019 General Extrusions Manufacturing $13,000,000 2020 Youngstown Tool & Die Manufacturing $11,600,000 2020 Ultium Cells, LLC (GM/LG Chem) Manufacturing $2,300,000,000 2020 M&M Industries Manufacturing $36,700,000 2020 Lordstown Motors Corporation Manufacturing $431,000,000 2020 Mom’s Meals Manufacturing $11,000,000 2021 Macy’s Distribution Center Distribution $29,900,000 Recent Project Announcements

Matalco Facility Built in Lordstown Nordson Xaloy Combines Facilities Ultium Cells, LLC Builds New Battery Plant Matalco has invested more than $100 million to Nordson Xaloy invested $29 million into a facility in A joint venture by General Motors and LG Chem, construct a 225,000 square-foot manufacturing Austintown, combining three manufacturing Ultium Cells, LLC is buiding an electric vehicle plant, employing 80 workers. Matalco produces plants into one location. The facility serves as a battery cell manufacturing plant in Lordstown. remelt, extrusion grade aluminum billet and production, sales and customer service hub for Construction started in 2020 and is expected to be forging stock. The facility was opened in 2016. polymer processing components. operational in 2022. The plant is equals the size of 30 football fields and will have an annual capacity Anderson DuBose Expands Distribution Center PurFoods Expands in North Jackson of over 30 gigawatt hours. The company will Anderson-DuBose Inc. opened its new $30 mil- Iowa-based prepared foods distributor PurFoods create more than 1,100 new jobs. lion dollar, 155,000-square-foot distribution constructed new facility in North Jackson in 2019, center and headquarters at in Lordstown in 2011, and expanded again in 2020. The new distribution Lordstown Motors Corp. Takes Over GM Facility and recently completed a $13 million expansion and kitchen plant adds both capacity and employ- Lordstown Motors corporation purchased GM of its warehouse. The company provides logis- ees. The site was chosen because of the logistical Lordstown’s 6.2 million square foot plant in 2019 tics solutions and service to McDonalds and advantages of the transportation infrastructure with plans to produce the all-electric pickup truck, Chipotle restaurants in four states. and its proximity to their markets. the Endurance. The company touts it as the first full-size, all-electric pickup truck designed to serve Clean Energy Futures/Lordstown Energy Center TJX/HomeGoods Chooses Lordstown the commercial fleet market. LMC plans a $400 A nearly $1 billion natural gas fired is under con- TJX, parent company to HomeGoods, chose Lord- million investment and expects to begin produc- struction in Lordstown. A second energy plant is stown to build a 300-bay distribution center to tion in the fall of 2021. More than 1,500 jobs will be planned at the same location, together creating service its stores on the east coast. Construction created with the company. 40 new full time jobs. began in 2019 for the facility which will employ more than 1,200 workers. Opening is set for 2021. Macy’s Expands in North Jackson Ohio Star Forge Investing in Business Growth Macy’s Distribution Center is expanding their Ohio Star Forge invested $30 million in two expan- Old Dominion Moves Terminal facility to accommodate a fulfillment center, sion projects within the last five years that added Old Dominion freight lines moved the site of their adding 417 new jobs and retaining 55 employees. new machinery and equipment. The company, an terminal to Lordstown in 2020. The company The $30 million project leverages the logistical independent subsidiary of Daido Steel, produces constructed a new facility in Lordstown near the I- advantage of the current distribution center. forgings for the automotive and fastener industry, 80 and I-76 highways and plans to hire 20 workers and employs 100 workers. in the next three years.

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Industries Abound….

Industries are successful in the region because of qualified trained workers, easy logistical access to both suppliers and customers, and local centers that provide enhanced research and development assistance.

Advanced Materials Firms in the Youngstown-Warren area are at the cutting edge of advanced materials. More than 16,250 workers are employed in the industry:

• Howmet Aerospace, formerly Arconic Titanium and Engi- neered Products/RTI Niles, produces titanium used in aerospace applications. The company’s research and design center is located at the Niles complex. • Vallourec Star (formerly V&M Star) brought their new $1.2 billion new state-of-the-art seamless pipe mill online in 2013. Companion company VAM USA will finish the Vallourec pipe products. • Wheatland Tube is a world leader in hot dip galvanizing and producer of continuous weld steel pipe. Applications include mechanical tubing, fencing, electrical conduit, and oil/ gas well components. • Universal Steel and Alloys, the area's recently built $64 million specialty steel mill, makes alloys for parts in wind turbines/generators, nuclear reactor components, and aerospace applications. • Latrobe Steel/Carpenter Technology distributes more than 300 grades of specialty steels for use in aerospace applications, high-performance cutting tools, aluminum casting dies, extrusion and thread roll dies and other demanding applications. • Ajax Tocco Magnethermic Corporation designs and manufactures world-class induction heating and melt- ing equipment for various industries.

Motor Vehicles and Parts Manufacturing Motor vehicle and parts manufacturing is integral to the Youngstown-Warren area economy. Over 2,000 workers are currently employed in the industry. This number reflects the closing of the GM as- sembly plant in 2019, which had employed more than 3,000 workers. The area is seeing a resurgence with the construction of the $2.5 billion GM-LG Chem venture, Ultium, which will make electric vehicle batteries. • Lordstown Motors Corporation is expected to begin production in 2021 on the Endurance truck, the company’s electric vehicle, at the former GM Lordstown Complex. • Aptiv makes components for vehicle wiring harnesses and performs advanced engineering at its Tech- nical Center. • Flex N Gate produces interior trim plastic molding at its 245,000 sq.ft. facility in Salem using vac-forming, insert molding and injection molding processes.

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Distribution and Logistics Contact Centers—- Excellent access to highway, airport, rail and ports Corporate Professional Services make the area a great location for distribution opera- There are five major contact centers in the region. tions such as: Together these facilities employ more than 3,500 • Anderson-DuBose workers. • Conway • Alorica • Falcon Transport • AT&T • Famous Supply • InfoCision • FedEx Freight • VXI Global Solutions • FedEx Ground • GreyBar • LaTrobe Steel • Macy's • Things Remembered • Transport America • United Freezer

Food Processing and Manufacturing - The region has a host of food manufacturers employing more than 1,100 people. Food products from these manufacturers are distribut- ed regionally and nation-wide. • Summer Garden—sauces and condiments • Gia Russa— fine pasta and sauces • Chieffo’s—gourmet pasta • Ghossain’s Mid East Bakery—flat breads • AVI Foods—specialty packaged foods and vending machine items • Freshmark—food processing plant • Valley Foods—packaged foods and meals • Schwebels—breads and bakery goods • Giannios Candy—Chocolates and candies • Gorant Chocolatier—Chocolates • Belmont Confections—protein and health bars • Handels’ Ice Cream—ice cream and specialty treats • Mom’s Meals/PurFoods—packaged foods and meals

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Best Location in Utica & Marcel-

The Youngstown-Warren area is the place for businesses that produce products for or serve the Marcellus and Utica Shale Gas Plays.

With an estimated 500 trillion cubic feet of natural gas below the surface of a six-state area which includes Ohio and Pennsylvania, exploration and drilling in the Utica and Marcellus Shale present new opportunities for business growth in the Youngstown-Warren region. Horizontal drilling technologies make made the Utica and Marcellus accessible, providing a drilling-boom to the oil and gas industry and its related supply chain. The Shell Petrochemicals Complex, located in Monaca Pennsylvania, is set to come online in 2022. The $6 billion facility will consist of an ethylene cracker with a polyethylene derivatives unit and will produced 1.6 million tonnes of polyethylene annually. The plant is Marcellus and Utica Shale Play. within 700-mile radius of more than 70% of all North American polyethylene customers.

The Youngstown-Warren area, with its logistical advantages, low cost of doing business and talented workforce, is a critical part of the pipeline of the Midwest oil and gas industry. Businesses that have realized the Utica and Marcellus potential are already moving into or expanding in the area.

Recent Developments since 2010 in Youngstown-Warren, Ohio related to Utica and Marcellus Shale: • Vallourec Star has completed a new $1.2 billion expansion to their existing Youngstown facility and began production in 2013. The company manufactures pipe used in the drilling process. • TMK IPSCO recently expanded operations to include a new $10 million threading facility in Brookfield, which will complement their pipe production operations in Pennsylvania. • Dearing Compressor and Pump, a manufacturer of industrial pumps also invested $3 million to expand operations in the region, adding to its production capacity. • DE-CAL Inc opened a pipe fabrication center that will employ more than 40 people at the plant and 100 in the field. • JMC Steel Group’s Wheatland Tube invested $11 million to increase steel tubular production capacity. • VAM LLC built a $57 million threading plant to complement V&M Star’s tube production. • Valerus and Youngstown-based Brilex Industries have formed a partnership for manufacturing oil well equipment. • NiSource and Hilcorp are partnering to build a 50-mile gas pipeline infrastructure. NiSource is also building a Distance to Youngstown-Warren $300 million cryogenic NGL plant in Springfield township. City Distance Drive Time • Industrial Piping Specialists Inc opened a 55,000-sqft Pittsburgh, PA 67 miles 1 hour warehouse to supply fittings and valves to area pump Buffalo, NY 192 miles 3 hours manufacturers. Syracuse, NY 333 miles 5.5 hours • VEC/Evets Electrical, an oil and gas supplier, proceeded Albany, NY 471 miles 8 hours with a $2.5 million expansion of its fabrication shop Charleston, WV 260 miles 4.5 hours • IGS Energy CNG Services has constructed and is operat- ing a Compressed Natural Gas (CNG) fueling station in Mobile, AL 998 miles 16.5 hours the Greater Youngstown Area. Houston, TX 1,333 miles 22.5 hours

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Locations for Business….

Effective Rent The Youngstown-Warren, Ohio Metro Area Industrial/Warehouse Class A Office area offers a variety of property Austin $5.13 $20.99 locations to suit your needs: Boston $4.06 $29.76 shovel-ready sites, foreign trade Buffalo n/a $12.91 zones, brownfields, greenfields Charlotte $3.48 $17.85 and industrial and business Denver $3.43 $16.79 parks. District of Columbia n/a $41.77 Locating in the Youngstown- Memphis $2.40 $14.99 Warren area offers a significant Minneapolis $4.20 $16.75 price advantage, as shown in the Philadelphia $3.70 $19.60 table. Portland $3.77 $16.94 Tampa-St. Petersburg $4.10 $17.23

source: Metro Trend, REIS, 2009.

Shovel-Ready Sites The Regional Chamber's Shovel Ready Sites Program provides site selectors with fast access to detailed information on ready-to-go commercial and/or industrial land parcels. This collaborative initiative between the Chamber and Youngstown-Warren area developers/property owners allows companies to effectively evaluate and select exceptional property options.

By definition, Shovel Ready Sites are Mahoning and Trumbull county properties that have the essential infrastructure, necessary zoning and site characteristics in place so that construction projects may get underway quickly and easily.

Explore properties To qualify as a Shovel Ready Site, a property must possess the following on the Web: characteristics:

Competitively priced real * At least 5 contiguous buildable acres estate is readily available in * Electricity, water, sanitary sewer, natural gas and telecommunications the Youngstown-Warren technology infrastructure area. Information on select * Wetlands are identified and do not impact buildable acres sites and properties is * Property is not in the 100-year flood plain available online at * Unrestricted vehicle access – both ingress and egress www.regionalchamber.com * Within 5 miles of a limited access highway and/or interstate

Sample Shovel Ready Site in North Jackson, Ohio.

Within the three-county area, there are 32 fully served industrial parks, more than 150 available sites and buildings.

A variety of project options including build-to-suit and sale-leaseback are available in our market.

Contact the Regional Chamber for a customized list based on your project needs

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Property Incentives

Enterprise Zones (EZ): Enterprise Zones have been established in metropolitan Youngstown-Warren, Ohio. Companies that locate in an EZ could be eligible for tax abatements on investments in real property (i.e. building, construction, expansion, renovation). The maximum allowable tax abatement in cities and villages, is 75 percent (over 75 percent requires school board approval) and 60 percent in other communities (over 60 percent requires school board approval). The maximum abatement term is 10 years (over 10 years requires school board approval).

Foreign Trade Zone (FTZ) 181: FTZ 181 has been established at various locations in metropolitan Youngstown-Warren Ohio. In order to promote international trade, FTZ 181 can delay, reduce or eliminate customs duties levied on raw materials, parts, components or finished products imported from other countries.

Community Reinvestment Area (CRA): Community Re-investment Areas are located in designated parts of metropolitan Youngstown-Warren, Ohio. CRAs provide real-property tax exemptions for companies constructing or renovating a facility. Up to 100 percent of the value of building improvements/ construction may be exempt from real property taxes for a maximum 15 years.

Local Utilities & Infrastructure

Water Electricity Telecommunications Aqua Ohio First Energy/Ohio Edison AT&T City of Warren/Mosquito Lake City of Columbiana CenturyLink 5 Lakes District City of Hubbard Choice One Communications Mahoning Valley Sanitary District City of Newton Falls (MVSD) City of Niles Cellular: AT&T - SprintPCS Water Treatment and Natural Gas T-Mobile - Verizon Sewer Facilities Dominion/East Ohio Gas Municipal Providers Columbia Gas Cable Internet Access Spectrum Cable (formerly Time Warner) Armstrong Cable Water, natural gas, electricity, telecommunications and sanitary sewer Comcast are all in abundant supply here.

Youngstown/Warren Regional Chamber 14

Learning for Life ….

The Region is the center of a vast knowledge base. Within a 75-mile radius of Youngstown-Warren, Ohio, 55 colleges and universities provide opportunities in advanced education. From 95 campus locations, these institutions furnish firms competing in Institutions of higher learning in the global the Mahoning Valley. marketplace with a Youngstown State University highly trained and Kent State University - Trumbull motivated workforce. Kent State University - Salem Many of these Kent State University - East Liverpool colleges and Eastern Gateway Community College universities are Walsh University - Youngstown nationally renowned Thiel College in particular fields of study. Grove City College Penn State University—Shenango Colleges and Valley Campus Universities within a 75-mile radius. Butler County Community College— LindenPointe Campus

Cleveland Area University of Akron - Wayne College Other Western Pennsylvania Ashland University/Cleveland University of Phoenix Allegheny College Baldwin-Wallace College Walsh University Butler County Community College Bryant & Stratton College California University of Pennsylvania Case Western Reserve University (CWRU) Pittsburgh Area Clarion University of Pennsylvania (CUP) Cleveland Institute of Art Art Institute of Pittsburgh Clarion University (CUP) Venango Cleveland Institute of Music Carlow University Community College of Beaver County Cleveland State University (CSU) Carnegie Mellon University Edinboro University of Pennsylvania Cuyahoga Community College (CCC) Chatham College Gannon University DeVry University Community College of Allegheny County Geneva College Indiana Wesleyan University/Cleveland (CCAC) Mercyhurst College John Carroll University CCAC, Boyce Campus Mountain State University Lorain County Community College CCAC, Center North Penn State, Beaver Notre Dame College of Ohio CCAC, South Campus Penn State, Erie Behrend Ursuline College DeVry University Slippery Rock University Duquesne University University of Pittsburgh at Greensburg Other Northeast Ohio LaRoche College University of Pittsburgh at Titusville Ashland University/Massillon Penn State, Greater Allegheny Waynesburg University College of Wooster Penn State, New Kensington Westminster College Hiram College Pittsburgh Institute of Aeronautics Westmoreland Community College Kent State University (KSU) Pittsburgh Technical Institute KSU, Ashtabula Point Park University Steubenville, OH/Wheeling, WV KSU, Geauga Robert Morris College Belmont College KSU, Stark Saint Vincent College Bethany College KSU, Tuscarawas Seton Hill College Franciscan University of Steubenville Lake Erie College University of Phoenix Jefferson Community College Lakeland Community College University of Pittsburgh (Pitt) Ohio University, Eastern Campus Malone College Washington & Jefferson College West Liberty University Mount Union University West Virginia Northern Community College Northeast Ohio Medical University Wheeling Jesuit College Oberlin College Stark State College of Technology

University of Akron

Youngstown/Warren Regional Chamber 15

Educating Future Generations ….

Within the Youngstown-Warren-East Liverpool CSA, ten university campuses provide businesses with a pool of extremely talented individuals. More than 23,600 students are enrolled at these institutions. In 2015, the schools awarded nearly 2,600 bachelors degrees and 390 master and doctorate degrees.

Youngstown State University Kent State University at Trumbull 12,600 students enrolled 2,400 students enrolled

Youngstown State University The Technology provides a quality education in Building, a state-of-the- a broad range of associate, art, 68,000 square-foot baccalaureate and graduate degrees and certificate facility, supports programs, including engineering, business and associate degree programs in computer technology, computer information systems. There are more than mechanical engineering technology, industrial 100 undergraduate majors and 35 master’s and doc- engineering technology, high technology torate programs. YSU offers research and internship manufacturing, plastics manufacturing engineering opportunities, providing students with real-world ex- technology, laboratory technology and perience. environmental technology. The new Williamson School of Business, which The 32,500 square-foot Workforce Development and opened Fall 2010, is a $35 million state-of-the-art Continuing Studies Center offers additional programs building that provides a unique learning environment geared to the area’s manufacturing industries. for business school students. Along with the new facility, YSU has also earned accolades for its Science, Kent State University Columbiana Technology, Engineering and Math (STEM) College. County—East Liverpool Campus Recently designated a Center of Excellence, the STEM 1,300 students enrolled programs are on the cutting edge of green energy technology with the addition of a $7 million wind East Liverpool Campus offers a variety of programs tunnel. for students in business courses, computer technology and health-related therapy and technical Eastern Gateway Community studies. Specific business-related associate degree College courses include: accounting technology, business 2,400 students enrolled management technology, computer technology and technical studies. Eastern Gateway Community College, Kent State University Columbiana the area’s newest educational County—Salem Campus institution, provides more than 60 career 1,675 students enrolled and transfer programs in nursing/health care, education, IT, welding, wind turbine technology, Salem Campus offers associate degree programs in business, electrical engineering and horticulture. Sev- early childhood education technology, horticulture eral career classes prepare students for immediate technology, human services technology, entry into the workforce. Students can also continue manufacturing engineering technology, and education by transferring credits earned to a four- radiological technology. year institution.

Youngstown/Warren Regional Chamber 16

Walsh University Youngstown Campus America’s Best Colleges. 100 students enrolled Butler County Community College @ Linden Pointe Walsh University offers a master of arts 300 students enrolled program in education and a bachelor of arts program in business management. Located in the LindenPointe Both programs are taught in an Innovative Business Campus, accelerated format for adult learners. Butler County Community Accredited by the Ohio Department of Education, the College (B3) provides students classes in Pre-Nursing, MAED program is designed to present new business management and administration, opportunities for practicing educators. The degree criminology, education, psychology, marketing, completion business program offers flexibility and medical assistant, medical coding, human resources interactive courses. and general studies. The courses transfer to other institutions for bachelor degree completion. Thiel College 900 students enrolled

Thiel College is a Penn State University- Shenango Valley Campus comprehensive university 460 students enrolled providing bachelor

degrees in accounting, Penn State University biological and chemistry Shenango Campus provides sciences, business students opportunities to administration, computer information sciences, receive bachelor degrees in international trade, management information child development, family systems and pre-med. Thiel was named as one of the and community studies and top tier northern universities in the 2005 U.S. News nursing. Associate degree programs are offered in and World Report annual survey of America’s Best engineering technologies, business administration, Colleges. industrial technology, and manufacturing technology.

Students may complete the bachelor’s degree Grove City College program at Penn State University’s main campus. 2,300 students enrolled

Grove City College is also a comprehensive university providing bachelor degrees in accounting, biochemistry, business administration, computer information sciences, engineering, finance, international trade, physics and pre-med. Grove City was also named as one of the top tier northern universities in the 2005 U.S. News and World Report annual survey of

Youngstown/Warren Regional Chamber 17

Educational Attainment Population Percent Youngstown-Warren, Ohio is transitioning into an Population 25 years and over 387,100 100% advanced skills knowledge-based economy. Skills Less than 9th grade 10,600 2.7% have been upgraded and improvements made in 9th to 12th grade, no diploma 26,800 6.9% educational attainment. The area is ahead of the High school graduate (includes equivalency) 159,300 41.2% national average for high school graduates and Some college, no degree 75,100 19.4% higher, 87.2% as compared to 85.9%. Although Associate's degree 28,400 7.3% with its history as a manufacturing economy, the Bachelor's degree 57,969 15.0 area has not yet met the U.S. average for bache- Graduate or professional degree 28,957 7.5 lor degree or higher (28.5%). However, figures are Percent high school graduate or higher 90.3 expected to change as local learning institutions Percent bachelor's degree or higher 22.5 are experiencing record enrollments. Source: American Community Survey 2016, U.S. Census Bureau Workforce Development Career and technical education is provided by 16 public and private institutions within the the five county area. Most of the providers offer extensive workforce development and technical training programs, many of which are geared toward certification or associate degree completion. The providers will also develop customized training programs for individual employer's needs, and training will be conducted at the place of employment or on the campus of the vocational school. Training Provider Location General Sector - Class Offerings American National University — Youngstown, OH Business and Computerized Office Technology; Health Care Youngstown Butler County Community College Hermitage, PA Business and Computerized Office Technology, Computer and Information New Castle, PA Systems Technology; Health Care, Industrial Technology, Safety Training Choffin Career Center Youngstown, OH Machine Trades; Health Care

Columbiana Career and Technical Lisbon, OH Business and Computerized Office Technology, Machine Trades; Health Care Center Eastern Gateway Community College Various Locations Alternative Energy Technology-Wind Turbine, Business and Computerized Office Technology, Computer and Informatin Systems Technology, Entrepreneurship, Health Care, Welding ETI Technical College Niles, OH Business and Computerized Office Technology; Electronic Engineering Technology Kent State University - Columbiana East Liverpool, OH Business and Computerized Office Technology; Health Care Salem, OH Business and Computerized Office Technology, Computer and Information Systems Technology; Health Care Kent State University at Trumbull Warren, OH Computer and Information Systems Technology, Electrical Engineering Technology, Industrial Technology; Machine Trades Laurel Technical Institute Meadville, PA Business and Computerized Office Technology, Industrial Trades Technology; Sharon, PA Health Care Mahoning Career and Technical Center Canfield, OH Business and Computerized Office Technology, Computer and Information Systems Technology; Machine Trades New Castle School of Trades New Castle, PA Industrial Technology; Machine Trades; Tractor Trailer Driving

Ohio Valley College of Technology East Liverpool, OH Business and Computerized Office Technology

Penn State Shenango Sharon, PA Business and Computerized Office Technology; Computer and Information Systems Technology; Engineering Technology; Industrial Technology Pittsburgh Institute of Aeronautics Vienna, OH Aviation Maintenance; Electronics Technology

TDDS Technical Institute Diamond, OH Tractor Trailer Driving; Health Care

Trumbull Career and Technical Center Warren, OH Business and Computerized Office Technology, Industrial Trades Technology; Health Care

Youngstown/Warren Regional Chamber 18

Children ….

Elementary and Secondary Education The Youngstown-Warren-East Liverpool CSA is served by four educational service centers with 229 public schools in 57 school districts enrolling 96,181 students, and 7 alternative/online schools with 1,000 registered students. Additionally, there are more than 64 accredited private and parochial schools, including 9 high schools, with 11,620 students.

County Columbiana Mahoning Trumbull Mercer CSA Number of School Districts 11 14 20 12 57 Number of High Schools (9-12) 11 17 20 12 60 Number of Elementary Schools (K-8) 25 41 45 28 139 Community Schools 1 12 5 1 19 Total Students Enrolled (2014-2015) 15,282 32,707 28,848 16,271 93,108 Total Number of Teachers (2014-2015) 1,033 2,186 1,906 1,241 6,366 Average Graduation Rate (2013) 89.4 91.5 90.9 n/a 90.6 Average ACT Score- Composite (2013) 21 21 21 21 21

Source: Ohio Department of Education (Columbiana, Mahoning and Trumbull Counties), Pennsylvania Department of Education (Mercer County), ACT scores provided by NSRS, Inc,

Youngstown/Warren Regional Chamber 19

TechBelt Region ...

Cleveland—Youngstown– Pittsburgh TechBelt

TECHBELT REGION —The TechBelt Region includes Cleveland MSA, Akron MSA, Canton-Massillon MSA, Youngstown-Warren MSA, Erie MSA, Pittsburgh MSA, Wheel- ing MSA, Morgantown MSA, Weirton-Stubenville MSA.

Youngstown-Warren MSA is excellently located at Within the area, there are more than 4,800 Life Sci- the heart of the TechBelt Region. Encompassing ences companies employing more than 88,000 work- Cleveland and Pittsburgh, the TechBelt region is ers . If hospitals are included, the numbers increase defined as the metro areas of Cleveland, Ohio and to more than 10,000 companies and nearly 300,000 Erie, Pennsylvania to the north through Morgan- employees. The initiative concentrates on three spe- town, West Virginia to the south (see map). cific Life Science subsectors, regenerative medicine, medical imaging and medical devices. With more than 6.3 million people, including a workforce of nearly 4 million, and the region supports The TechBelt region’s Energy industry comprises 185,000 businesses. more than 9,700 establishments that provide jobs for 166,000 people. The energy subsector focuses on The TechBelt region initiative highlights the collabo- traditional energy including coal, nuclear and gas; and ration of multiple economic development agencies; emerging and efficiency, including wind, solar, fuel federal, state and local government offices; tech- cell and high-performance building. nical groups; foundations; and private corporations. Recent investments in support programs, research, The TechBelt region attracts capital from regional and technology infrastructure and other assistance have national investors. Overall, the combined region created attractive opportunities for companies ranks 19th in capital invested in regional companies choosing to locate within the TechBelt. and 11th in the number of companies receiving capital. At this time, the TechBelt Initiative targets two pri- Additionally, there are 15 Fortune 500 headquarters mary industry sectors, Life Sciences and Energy. located within the area.

Rank Company Location 2015 Revenues ($billions) Industry Description Fortune 500 106 Kraft Heinz Pittsburgh, PA 26,487 Food Company 120 Progressive Mayfield Village, OH 23,441 Insurance: Property, Casualty 166 PNC Financial Corp. Pittsburgh, PA 16,423 Commercial Banking Headquarters 183 PPG Industries Pittsburgh, PA 15,178 Chemicals Located 184 Goodyear Tire and Rubber Akron, OH 15,158 Rubber, Plastics Within the 196 FirstEnergy Akron, OH 14,156 Utilities 236 Sherwin-Williams Cleveland, OH 11,856 Chemicals TechBelt 251 Parker Hannifin Cleveland, OH 11,361 Industrial, Farm Equipment 279 United States Steel Co. Pittsburgh, PA 10,261 Metals 340 Dick's Sporting Goods Pittsburgh, PA 7,922 Retail Trade 346 J.M. Smucker Orrville, OH 7,811 Food 373 Wesco International Pittsburgh, PA 7,336 Wholesaler/Electrical Equipment 382 Erie Insurance Group Erie, PA 7,016 Insurance 470 TravelCenters of America Westlake, OH 5,511 Transportation 479 KeyCorp Cleveland, OH 4,814 Commercial Banking

Youngstown/Warren Regional Chamber 20

Affordable Living ….

The Youngstown-Warren area’s cost of living is extremely attractive, ranking well below the national average. The Council for Community and Economic Research (C2ER) Cost of Living Index (COLI) provides a useful gauge with which to compare cost of living differences. The COLI/ACCRA national average is 100.

Cost of Living Index - C2ER - Annual Average 2015 MISC. MSA TOTAL FOOD HOUSING UTILITIES TRANSP HEALTH GOODS/ SERVICES Austin, TX 96.0 84.2 90.3 101.5 97.7 103.5 102.2 Boston, MA 144.3 105.0 193.7 151.7 110.0 130.4 129.2 Buffalo, NY 95.3 91.6 101.4 98.2 102.1 86.3 89.7 Charlotte, NC 96.4 101.6 81.9 105.4 96.7 102.8 103.0 Denver, CO 109.6 99.2 130.2 94.5 98.4 107.7 105.0 Memphis, TN 84.5 89.4 67.9 94.9 88.4 88.2 91.6 Minneapolis, MN 108.2 108.0 111.8 93.0 112.1 105.5 108.9 Philadelphia, PA 119.5 115.8 135.0 122.5 110.0 99.8 112.8 Tampa, FL 91.6 97.8 78.7 99.1 1,000.0 90.8 95.0 Washington D.C. 146.8 111.9 245.8 96.2 114.2 94.2 110.4 Youngstown-Warren, OH 82.8 81.3 67.8 93.5 93.6 83.1 89.0 Source: C2ER

Crime Statistics Comparative Housing Costs The U.S. average is 50. An index The National Association of Home Builders ranked the Youngstown/ of 100 is the least crime rate, Warren area as one of the most affordable places to live. thus higher numbers are more attractive. YW CSA U.S. ACCRA Housing Cost Index ...... 67.8% ...... 100% Akron, OH ...... 22.25 Buffalo, NY ...... 16.95 NAHB Housing Opportunity Index (1Q18) ...... 90.9 ...... 61.6 Chicago, IL ...... 17.57 NAHB Median Home Price...... $93,000 ...... $252,000 Cleveland, OH ...... 29.97 Dayton, OH ...... 25.87 American Community Survey (2016) Detroit, MI ...... 18.00 Median Gross Rent ...... $651 ...... $981 Elkhart, IN ...... 18.16 Median Home Value...... $106,000 ...... $205,000 Erie, PA ...... 32.94 Fort Wayne, IN ...... 23.82 Source: ACCRA Cost of Living Index, National Association of Home Builders (NAHB), U.S. Census Bureau. Grand Rapids, MI ...... 24.42 Lansing, MI ...... 26.85 Peoria, IL ...... 82.81 Pittsburgh, PA ...... 42.45 Syracuse, NY ...... 29.16 Toledo, OH ...... 17.43 Youngstown, OH ...... 38.02

Source: Editor and Publisher, 2010

Youngstown/Warren Regional Chamber 21

Variety of Activities ...

The Youngstown-Warren area offers a vibrant array of recreational and cultural activities.

OUTDOORS • Mill Creek Park is one of the nation’s largest and most prestig- ious metropolitan park systems. Covering more than 2,350 acres, it includes… • D. D. & Velma Davis Education and Visitors Center, which received the Outstanding Facility Award from the Ohio Parks and Recreation Association. • Lanterman’s Mill, a working mill that operates today as it did in the 1800’s by grinding corn, buckwheat and oats. • Mill Creek Park Championship Golf Course, which was ranked 26th Best Municipal Public Golf Course in the country by Golfweek Magazine. • The Western Reserve Greenway, Metropark Bikeway, Little Beaver Creek Greenway and Stavich Trail provide more than 45 miles of scenic biking, hiking and running trails. • Plus 3 state parks, 8 state wildlife/forest preserves and a national scenic river.

CULTURAL • “America’s Museum” – the Butler Institute for American Art houses one of the world’s finest collections of American art. • Heralded as the “finest theater ever built” the Warner Theater was constructed by the motion picture-famed Warner Brothers. This opulent facility, located in Youngstown, was constructed as a family memorial in the brother’s hometown. Known today as The DeYor Performing Arts Center, it plays host to the Youngstown Symphony Orchestra and other renown acts.

Entertainment • The Covelli Centre opened Fall 2005. The entertainment arena hosts hockey games, concerts, ice shows, and special events. • Hollywood Gaming Mahoning Valley Race Course opened Fall 2014, offering gaming, entertainment, dining and thoroughbred racing.

Youngstown/Warren Regional Chamber 22

Experiences ...

In addition, more than 40 museums, historic sites, art galleries, ballets, opera companies, live theater and performing arts centers are located here. Selected highlights include:

Arms Family Museum of Local History National Packard Museum Stambaugh Auditorium Packard Music Hall Center of Industry and Labor Warren Philharmonic Orchestra President William McKinley Memorial Oakland Center for the Arts OH WOW! The Roger & Gloria Jones Children’s Center for Science & Technology Sutliff Museum

SPORTS

• Football - Youngstown State University Penguins host teams at the 20,000-seat Stambaugh Stadium. • Baseball - The Mahoning Valley Scrappers play exciting minor league baseball here. The Class A Cleveland Indians affiliate hosts teams at Eastwood Field. • Hockey - The Mahoning Valley Phantoms, affiliated with the North American Hockey League (NAHL), competes at the Covelli Centre. • Golf - Golfers can tee up at 41 public and 8 private courses and in an indoor practice facility. • Auto - Exciting auto racing events are held at the Sharon Speedway and Mercer Raceway Park. Additionally, the Steel Valley Nationals and the Packard Vintage Car Show draw thousands of visitors to the area. • Indoor and outdoor recreational opportunities provide enthusi- asts with a host of venues for baseball, hockey, ice-skating, rock climbing, skateboarding, soccer, softball, swimming, ten- nis and extreme sports activities.

Youngstown/Warren Regional Chamber 23

More Things To Do ...

Within a two-hour drive, the metro areas of Cleveland, Akron, Pittsburgh, and Erie offer more than 25 state parks, 100 cultural places, and 400 golf courses. Entertainment Venues Blossom Music Center - Cuyahoga Falls, OH Key Bank Pavilion - Burgettstown, PA Hard Rock Rocksino - Northfield, OH Jack Cleveland Casino - Cleveland, OH Jack ThistleDown Racino - North Randall, OH Kennywood Amusement Park - West Mifflin, PA Mountaineer Race Track and Casino - Chester, WV Rivers Casino - Pittsburgh, PA The Meadows Racetrack & Casino—Washington, PA Art, Science, and Exploration Akron Zoo - Akron, OH Andy Warhol Museum - Pittsburgh, PA Benedum Center for the Performing Arts - Pittsburgh, PA Buhl Planetarium - Pittsburgh, PA Children’s Museum of Cleveland - Cleveland, OH Children’s Museum of Pittsburgh - Pittsburgh, PA Carnegie Museum of Natural History - Pittsburgh, PA Carnegie Science Center - Pittsburgh, PA Cleveland Botanical Garden - Cleveland, OH Cleveland Metroparks Zoo - Cleveland, OH Festivals and Events Cleveland Museum of Art - Cleveland, OH Cleveland Museum of Natural History - Cleveland, OH Cleveland National Air Show - Cleveland, OH Heinz Hall- Pittsburgh, PA The Cleveland National Air Show is a Labor Day week- Great Lakes Science Center - Cleveland, OH end family tradition and features air racing, parachute National Aviary - Pittsburgh, PA displays, and tactical demonstrations Pittsburgh Zoo & PPG Aquarium - Pittsburgh, PA Rock and Roll Hall of Fame - Cleveland, OH Three Rivers Arts Festival - Pittsburgh, PA Outdoor Recreation This annual festival in downtown Pittsburgh includes Brandywine/Boston Mills Ski Resort - Peninsula, OH exhibitions, musical and dance performances, and an Cook Forest State Park/Allegheny Forest - Cooksburg, PA arts and crafts market. Cuyahoga Valley National Recreation Area - Peninsula, OH Nemacolin Woodlands Resort—Farmington, PA Three Rivers Regatta - Pittsburgh, PA Peek'n Peak Ski Resort - Findley Lake, NY This annual event features concerts, skydivers, moto- Seven Springs Mountain Resort - Champion, PA cross demonstration, fishing tournaments, and water Stan Hywet Hall and Gardens - Akron, OH events.

Sports and Teams World Golf Championships–Bridgestone Invitational - Cleveland Browns - NFL Football Akron, OH Cleveland Cavaliers - NBA Basketball A premiere round of golf with numerous golf stars is Cleveland Indians - MLB Baseball played on this PGA Tour stop in Akron. Pittsburgh Penguins - NHL Hockey Pittsburgh Pirates - MLB Baseball Canton Pro Football Hall of Fame Induction/Game— Pittsburgh Steelers - NFL Football Canton, OH Pro Football Hall of Fame - Canton, OH A week-long celebration leads to the highly anticipat- ed induction ceremony and Hall of Fame Game.

Youngstown/Warren Regional Chamber 24

Outstanding Health Care….

Youngstown-Warren, Ohio residents have access to excellent health care. Number of Hospital System Registered Beds Akron Children's Hospital-Mahoning Steward Valley Health Systems Valley, Mercy Health, Steward Valley- Northside Hospital 398 Care Health Systems, UPMC Horizon Trumbull Memorial Hospital 346 have full-service hospitals and Hillside Rehabilitation 65 emergency care, well as various Mercy Health diagnostic, urgent care and surgical St. Elizabeth Health Center 626 support facilities. Other providers St. Elizabeth Boardman Health Center 294 also offer specialty services and health St. Joseph Health Center 219 care for both in-patient and out- Akron Children’s Hospital Mahoning Valley 43 patient needs. Along with hospital Surgical Hospital at Southwoods 36 Salem Community Hospital 199 services, there are 1,316 physician and Steward Sharon Regional Health Systems 220 diagnostic offices, 55 nursing homes UPMC Horizon 187 and assisted living facilities, and 253 Grove City Medical Center 109 social care agencies to assist residents Belmont Pines Hospital (psychiatric) 46 with health care issues. Select Specialty Hospital Youngstown (acute long term) 80

• Akron Children's Hospital Mahoning Valley is the area's only dedicated pediatric surgery department. The hospital also has pediatric radiology and rehabilitation services as well as an EEG lab.

• St. Elizabeth Health Center is the only Level I trauma center between Pittsburgh and Cleveland authorized and equipped to also treat pediatric patients.

• Trumbull Memorial is a designated Level III Trauma Center and also is an accredited Chest Pain Center v5 (full accreditation with primary percutaneous More World Class Health Care - In less coronary intervention (PCI) with resuscitation from than a two-hour drive: The Society of Cardiovascular Patient Care (SCPC). There are more than 30 acute-care hospitals within a • In 2017, Steward Health Care completed the pur- 75-mile radius of the Youngstown-Warren metro chase of Valley Health Systems. area. Some of the finest are listed here:

• Akron Children’s Hospital • Akron General Hospital • Cleveland Clinic • Metro Health Medical Center • University Hospitals Case Medical Center • Pediatric Specialties—Rainbow Babies • UPMC - University of Pittsburgh Medical Center • Magee Women's - UPMC • Children's Hospital of Pittsburgh UPMC • Western PA Hospital—Pittsburgh (Allegheny Gen- eral)

Youngstown/Warren Regional Chamber 25

Business Taxes ….

OHIO MAJOR BUSINESS TAXES

COMMERCIAL ACTIVITY TAX (CAT) - This tax replaced the Corporation Franchise Tax which was phased out over the last five years. Most companies doing business in Ohio will be subject to the commercial activity tax, a broad-based, low rate business privilege tax measured by gross receipts. The CAT is levied at a rate of 0.26% on gross receipts in excess of one million dollars. Businesses with receipts of $150,000-$1 million will pay a minimum tax of $150. Businesses with receipts of less than $150,000 are not subject to the CAT. Note– Tax only applies to sales in Ohio. Sales outside of Ohio are exempt. For more information about the CAT - contact the Ohio Department of Taxation at 1-888-7-CATTAX. or visit www.tax.ohio.gov.

TANGIBLE PERSONAL PROPERTY TAX - Ohio has eliminated its Tangible Personal Property Tax and no longer imposes this tax on business furniture & fixtures, machinery & equipment, or inventory.

REAL PROPERTY TAX - Real estate is assessed at 35 percent of market value, the tax rates vary by location.

INDIVIDUAL INCOME TAX - Every Ohio resident, as well as non-residents having Ohio-sourced income, is subject to the Ohio Income Tax . The tax is varied and based on an income schedule. Some cities and villages in Mahoning, Trumbull and Columbiana Counties also levy an income tax on wages, salaries, and other compensation received by residents of the municipality and by nonresidents working in the municipality; and business income resulting from activities in the municipality. Rates vary according to specific locale, but range between 0% and 2.75%.

SALES AND USE TAX - A state rate of 5.5 percent applies to retail sales and rental of tangible personal property. Counties and regional transit authorities may levy additional sales taxes, which vary from county to county: Trumbull (6.75%), Mahoning (7.25%), Columbiana (7.25%). A state and local sales tax rate map is available through the Ohio Department of Taxation. The state also requires many service businesses to collect and remit sales tax. A brochure, Vendors: Sales Tax Laws in Ohio, details applicable businesses and procedures. UNEMPLOYMENT COMPENSATION CONTRIBUTIONS - Employers must make contributions on the first $9,000 of each covered employee's wages. The contribution rate for new employers is 2.7%, except for those engaged in the construction industry, who pay 6.5%. Employers pay this rate until they qualify for an "experience rate". Experience rates vary yearly, but ranged from 0.3% to 9.0% for 2018.

WORKERS' COMPENSATION PREMIUMS - All employers make premium payments unless they qualify as self- insurers. Rates based on the hazards involved vary by industry classification.

MOTOR VEHICLE FUEL USE - A tax levied on the difference between the fuel purchased and that consumed in Ohio by vehicles with three or more axles, the flat charge is $.38 per gallon consumed in Ohio.

MOTOR VEHICLE LICENSE - Commercial vehicles pay a prorated tax based on the ratio of mileage traveled in Ohio to total mileage. The tax is based on gross weight of the vehicle and it ranges from $56 for 2,000 pounds to $1,351 for those in excess of 78,000 pounds.

Youngstown/Warren Regional Chamber 26

Business Incentives….

Lucrative project incentives are available to qualifying manufacturing firms that are expanding or locating in metropolitan Youngstown-Warren, Ohio. The Regional Chamber will work with you to determine eligibility for, explain and help secure applicable incentive programs highlighted below:

Enterprise Zones (EZ): Enterprise Zones have been JobsOhio Grants—Workforce Grant and Economic established in metropolitan Youngstown-Warren, Development Grant: Discretionary grants are given to Ohio. Companies that locate in an EZ could be eligible promote economic development, business expan- for tax abatements on investments in real property sion, job creation. Grant decisions are based on a (i.e. building, construction, expansion, renovation). number of project factors including job creation, addi- The maximum allowable tax abatement in cities and tional payroll, investment, and location. villages, is 75 percent (over 75 percent requires school board approval) and 60 percent in other communities Manufacturing Machinery & Equipment Sales Tax (over 60 percent requires school board approval). The Exemption: Machinery, equipment, supplies and fuel maximum abatement term is 10 years (15 years with purchased and used primarily in a manufacturing school board approval). operation to produce tangible personal property for sales are exempt from state and county sales tax. Foreign Trade Zone (FTZ) 181: FTZ 181 has been established at various locations in metropolitan Research and Development Sales Tax Exemption: Youngstown-Warren Ohio. In order to promote Provides an exemption from state and county sales international trade, FTZ 181 can delay, reduce or tax for companies that purchase equipment for eliminate customs duties levied on raw materials, research and development activities. parts, components or finished products imported from other countries. Low Interest Loans Community Reinvestment Area (CRA): Community Re- State and federal programs provide loans for the investment Areas are located in designated parts of acquisition of land, structures, new construction, metropolitan Youngstown-Warren, Ohio. CRAs facility renovation or expansion and the purchase of provide real-property tax exemptions for companies machinery and equipment. Interest rates are typically constructing or renovating a facility. Up to 100 below bank levels and the programs allow greater percent of the value of building improvements/ debt leverage / less cash equity. Most programs construction may be exempt from real property taxes require bank and owner equity participation and for a maximum 15 years. specify minimum public funds/jobs ratios. Select program examples include: Ohio Job Creation Tax Credit (JCTC): A refundable Commercial Activity Tax credit based the percentage GrowNOW Small Business Linked Deposit Program: of state income tax paid by new employees is This interest rate reduction program is designed to available for businesses that expand or locate in Ohio. help small businesses grown by providing them with The maximum rate and term of the credit is 75% for 10 critical cash flow. When a business is approved for a years. Approved projects generally range from 30-50% loan from an eligible bank, GrowNOW provides an for three to six years. Rate and term exceptions occur additional 3% discount on the loan’s already- only at the recommendation of state officials. The negotiated interest rate, when the loan is linked to JCTC requires that a business create at least 25 new creating or saving jobs in Ohio. full-time positions with average wages for all new employees at least 150 percent of the federal minimum wage. Special eligibility provisions apply for companies that create as few as 10 new full time jobs.

Youngstown/Warren Regional Chamber 27

Business Incentives….

Direct (166) Loan Program: This state sponsored USDA Business & Industry Loan Guarantees – The program provides loans for land and building USDA can guarantee quality loans involving acquisition, expansion and renovation and the manufacturing, wholesale, retail and services as long purchase of machinery and equipment. The borrower as the project involves creation and/or saving of jobs. must create one job for every $15,000 received, The purpose need not be agriculturally related. $35,000 in Priority Investment Areas, e.g. the cities of Eligibility based on location of project. Youngstown, Campbell, Struthers and Warren. The loan may range from $350,000 to $1 million. Other Programs

166 Regional Loan Program: This program provides OhioMeansJobs Workforce Centers – OhioMeansJobs loans for land and building acquisition, expansion and Centers offer assessment services including renovation and the purchase of machinery and identifying and screening employees; on and off-site equipment. The borrower must create one job for training programs; and administers grants for every $50,000 received, up to the maximum loan incumbent workers, targeted industries and on-the- amount of $350,000. job training.

Tax-Exempt Industrial Revenue Bonds (IRB): Small Public Infrastructure Support: For projects requiring issue industrial revenue bonds can be used for improvements to public roads and/or water/sewer manufacturing purposes. Funding is available for land lines, partial or full funding through various grant and building acquisition, construction, expansion or programs may be available. The amount is typically renovation, and equipment purchase. The bonds are based on the jobs created by a project. On-site issued by public entities on behalf of private, for- improvements can be funded if they are designated profit companies. Interest earned by the bond buyers to be public infrastructure. Private infrastructure is exempt from federal (and some state) income tax. improvements can be funded through previously noted loan programs. SBA 504 Direct Loan Program: This federal program provides fixed rate, second mortgage financing for Sales Tax Exemption on Building Materials combined real estate (land, building, construction/renovation) with On/Off Balance Sheet Leasing: Working with the and machinery and equipment. The borrower must Western Reserve Port Authority projects in Ohio can create one new job within 3-years for every $35,000 exempt sales tax on building materials. The port received. The maximum loan is typically $1 million. authority owns and leases the facility to the company Real estate loans are 20-year and machinery/ on a fully net basis - as either a capital lease or an off- equipment loans are 10-year. Bank participation and balance sheet transaction. The company is cash equity from the owner are required. responsible for facility design/construction and operations/ maintenance. Other financing and tax Revolving Loan Funds (RLF): Counties, cities and incentives can flow-through the port authority, and some villages and townships have local revolving loan the company can still utilize a private sector real funds. While rates and terms vary, these programs estate developer/owner/lessor if it so chooses. typically provide fixed rate, subordinated loans for real property, machinery and equipment, and furniture, fixtures and equipment. Most require the borrower to create one new job for every $10,000 to $15,000 of funding.

Youngstown/Warren Regional Chamber 28

Economic Development Services ….

The Regional Chamber provides comprehensive economic development information and assistance to prospective and existing Mahoning Valley firms. We help companies grow by furnishing strategic information and assistance that is tailored to fit individual business needs. With our help, over 600 firms collectively have announced investments totaling $9.5 billion in the area. The related impact includes 28,100 new jobs, 35,200 retained jobs and the construction or absorption of 32.7 million square feet of space.

Incentives and Financing Land and Buildings New and existing firms can benefit from incentive Find the best place for your business. Our online programs that will boost their bottom line. We will database offers: explain, qualify and help you take advantage of: • Available buildings and sites • Ohio’s new business friendly tax environment • Premier Shovel Ready Sites which provides • Confidential tours arranged at your request − a single tax based on .26% of gross sales − no property tax on inventory, machinery Manufacturing Technical Services and and equipment. Assistance • Tax credits for job creation, retention and Through our partnerships, we can assist with: technology investments • Production Innovation and Development • Real Property Tax Abatements for new build- • Process Improvement ing construction/renovation • Lean Manufacturing Techniques • Sales tax exemptions for manufacturing and research and development purchases. Strategic Information • Low Interest Financing for investments in: − Land Our website puts a tremendous amount of infor- − building construction/improvements mation at your fingertips. At anytime, you can get − machinery, equipment, furniture and fix- data on: tures. • Incentive Programs • Grants/Funding for • The region’s business environment − Employee training • Local facts, figures and statistics − Public infrastructure improvements. • The Chamber’s array of development services and achievements International Trade • And much, much more

Build your business through global trade. The Your Connection Chamber’s International Trade initiative provides information and resources for doing business We are your link to key officials: around the world. With our internal experience as Working directly with federal, state and local gov- well as the Ohio Small Business Development Cen- ernment officials/agencies - advocating on your ter and Export Assistance Network at Youngstown behalf - to meet your business needs. State University and its state/federal/world part- ners, we offer technical assistance with: City Centre • Increased international sales or sourcing op- 100 East Federal Street, Suite 500 portunities Youngstown, OH 44503 • Foreign Trade Zones Phone: 330-744-2131 Fax: 330-746-0330 • Develop export compliance and international Regional Chamber Building trade plans. 197 West Market Street, Suite 400 Warren, OH 44481-1024

[email protected]

www.regionalchamber.com

Youngstown/Warren Regional Chamber

Youngstown/Warren Regional Chamber 2