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
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.
12.75 per hr $ 26520.00 annual better than nothing
rocky, $12,75/hr ISN"T the highest paying job BUT it is a job (I'm sure with benefits) and is better then NOT having a job at all. GM is paying their entry level emp[loyees $14.00/hr. --is that enough? WHAT is enough??
Vindy math working again
one company creating 58
another hoping to create 50 jobs
=150 NEW jobs
Ytown, this is the "new" math for creating jobs, the same "math" that the Federal Gov. uses when they say
"saved" jobs fall into the CREATED jobs catagory.
58 RETAINED
58 new
50 new
____
168 jobs
$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 ""
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!!!