The addition of 1,400 jobs at GM Lordstown will have a ripple effect in the local economy.
YOUNGSTOWN — Be prepared for the Mahoning Valley’s economy to ripple with the addition of 1,400 jobs at the General Motors Corp. plant in Lordstown, industry experts have said.
A combination of newly created positions and the transfer of employees from other GM and Delphi Corp. plants will bring in more than $450,000 in income tax dollars to Lordstown, which has an income tax rate of 1 percent.
But the addition of a third shift at the beginning of August will bring more than just income tax revenue.
The Youngstown/Warren Regional Chamber completed a computer modeling project to determine how the jobs will affect various aspects of the local economy.
“The ripple effect from General Motors is phenomenal when you sit down and think about it,” Lordstown Mayor Michael Chaffee said.
hschoenstein@vindy.com
For more information, see Tuesday’s Vindicator or www.vindy.com.
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