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150 new Valley jobs on the way



Published: Mon, December 5, 2011 @ 1:12 p.m.

150 new Valley jobs on the way

YOUNGSTOWN

Two state agencies signed off on two projects that will bring more than 150 new jobs to the Mahoning Valley.

The Ohio Development Financing Advisory Council today approved a $600,000 Ohio Research Development and Investment Loan for Zidian Manufacturing Inc. of Boardman. The company plans to invest $11 million in an expansion project that will create 58 full-time jobs and retain 58 full-time jobs.

The investment at the company’s facility on McClurg Road will include $6.5 million in building investment, $3.8 million in machinery and equipment and $740,000 in other investments.

The average hourly rate for all new positions will be $12.75.

The Ohio Job Creation Tax Authority today approved job creation tax credits valued at $102,085 for Mom’s Meals.

Mom’s Meals, a fresh-food production company, is putting the finishing touches on its new 20,000-square-foot facility on Commissioner Drive in North Jackson in the former home of Heather Creek Foods, which closed earlier this year.

It hopes to create at least 50 new jobs — both hourly and salary — in administration, cooking, packaging, shipping and receiving.

Read more in Tuesday’s Vindicator and at Vindy.com.


Comments

1jasoninohio(119 comments)posted 3 years ago

This is just a drop in the bucket to the 500 jobs expected to leave the valley once the postal center closes in March.

Thanks Tim Ryan, thanks for all you do for the valley.

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2rocky14(735 comments)posted 3 years ago

Is $12.75 an hour above poverty rate?

12.75x40=510.00
2040 month
$24,480 a year

Below poverty--okay for single person

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3unclebill(23 comments)posted 3 years ago

12.75 per hr $ 26520.00 annual better than nothing

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4Ytownnative(1065 comments)posted 3 years ago

Vindy math working again
one company creating 58
another hoping to create 50 jobs
=150 NEW jobs

Suggest removal:

5AnotherAverageCitizen(1175 comments)posted 3 years ago

$12.75 per hour

$14.00 per hour.

That is the reason the rich like high unemployement. So they can say "It's better then nothing".

How does 58 + 50 equal 150? Assuming they are adding the 58 jobs that all ready exist, those jobs cannot be counted as jobs on they way. Those jobs allready exist.

"" Jobs available to the lowest bidder ""

Suggest removal:

6rocky14(735 comments)posted 3 years ago

This is the way the 1% is getting the wages in America down to 3rd world countries

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7redvert(2100 comments)posted 3 years ago

Well, there is always the option of going on welfare vs a job making ~$12.00 a hour. Pop out a little one, next grandma says that mom is not a fit mother so grannie gets custody (more money) and mama is free to make some more.

All is good!!!

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