Israeli start-up opening US ops in downtown Youngstown
A Youngstown Business Incubator initiative to attract Israeli companies to Northeast Ohio has accomplished that goal.
YBI and PrintCB, an Israeli-based start-up that produces copper ink for printed electronics, Thursday announced PrintCB’s establishment of U.S. operations.
It marks the first time the Israeli-YBI collaborative, which began last year, has resulted in a company relocating here.
YBI CEO Barb Ewing said the incubator is in talks about similar moves with five other “strong prospects” from several countries.
PrintCB has hired Evan Schumann, a Kent State University graduate, as director of business development to oversee the start of U.S. operations. Schumann works primarily out of Cleveland and YBI’s Inspire Lab.
“I think it’s a powerful message that we have a great story to tell. We have great assets,” Ewing said of what the move means for the local community. “I understand it’s one job today. But this is the establishment of a company that can really change the industry.
“It’s not just this opportunity,” she said. “It’s what this opportunity will afford.”
Read more about the venture in Friday's Vindicator or on Vindy.com.