Youngstown Metro in top 10 for potential economic growth
A business publication has named the Youngstown metro area as one of the nation’s 10 best locations for economic-growth potential.
Business Facilities magazine made the list and selected the metro area, which includes Mahoning, Trumbull and Mercer (Pa.) counties, as the sixth-best site among areas with less than 450,000 employment in its July/August edition. The magazine is written for corporate site selectors.
The Youngstown-Warren area “is literally creating new jobs in three dimensions. The longtime Rust Belt manufacturing center impressed us with its success in cementing its position as the nation’s leading location for the development of 3-D printing,” said Jack Rogers, the magazine’s editor-in-chief.
Rogers was referring to Youngstown’s addition of the National Additive Manufacturing Innovation Institute, which is designed to take 3-D printing technology from the research stage to practical manufacturing use.
“The applications for this new technology are endless, and it will revolutionize manufacturing,” Rogers said. “It is fitting that the Youngstown region — which played an important role in the development of U.S. manufacturing in the last century — now is leading us to new heights in the 21st.”
Business Facilities’ Economic Growth Potential metro ranking is based on its evaluation of successful growth strategies, diversification of growth sectors, recent projects and available incentives, among other factors.