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Youngstown council grants 2 abatements

Wednesday, May 19, 2010

YOUNGSTOWN

City council agreed to provide 75 percent, 10-year tax abatements to two businesses wanting to grow in Youngstown.

The city’s board of control also must approve the tax breaks for MS Consultants and Coronado Steel. Council gave its approval Wednesday.

MS plans to spend between $1.575 million and $2.4 million for a 6,800-square-foot addition and to renovate its 20,000-square-foot building on East Federal Street.

Coronado Steel on Funston Drive plans to spend $780,000 to build a 9,760-square-foot machine-and-fabrication shop to serve as an adjunct to its steel foundry.

For the full story, read Thursday's Vindicator or Vindy.com.