Mahoning commissioners approve tax abatement for company to move from Youngstown to Austintown

YOUNGSTOWN — The Mahoning County commissioners have approved a 60 percent, 10-year real estate tax abatement for a sign-making company that is moving from Youngstown to Austintown.

To meet its expansion needs, McHenry Industries will move from its 19,000-square-foot Industrial Road location in Youngstown to a new 38,000-square foot plant it will build this year on Victoria Road in Austintown, said Ron Musilli Jr., company vice president.

“We need to add space to remain competitive. We’ve seen steady growth in sales for the last 10 to 15 years, and, to continue that growth, we need a new facility,” he said. Over the past decade, the company’s sales growth has been 5 to 8 percent annually, he told the commissioners today.

For the complete story, see Friday’s Vindicator and Vindy.com