Flex-Strut gets funds to expand business
Staff report
WARREN
The Ohio Department of Development has approved a $180,000 Community Development Block Grant to help the Howland company Flex-Strut expand its metal- framing business.
Trumbull County commissioners also approved a 60 percent tax abatement for 10 years in March to assist Flex-Strut.
Flex Strut Inc., 2900 Commonwealth Ave. N.E., just off North River Road and near Delphi Packard Electric, is planning to hire 10 additional full-time employees and invest $2.25 million to $3.25 million over the next three years.
The company will use the money to buy machinery and equipment to operate an additional roll-forming line in its 102,000-square-foot plant.
The money also will leverage an additional $778,000 to be secured for the expansion, the development department said.
The company was established in 1994.
The Community Development Block Grant program provides funding for economic-development projects that create and/or retain permanent, private-sector job opportunities.
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