Youngstown to provide funds for four companies

Youngstown to provide funds for four companies

YOUNGSTOWN

The city’s board of control agreed to provide money to four companies either relocating, expanding or improving their operations in Youngstown.

On Thursday, the board accepted a $250,000 grant from the state and to spend $31,856 in city funds for road improvements to the entrance to Exterran Energy Solutions, which is building a plant in the city’s Salt Springs Industrial Park.

The road improvements are needed to accommodate increased truck traffic and vehicle access, said T. Sharon Woodberry, the city’s economic development director.

Exterran makes natural-gas compression production equipment and plans to create 103 full-time jobs at the Youngstown facility. The company is spending about $13.2 million for this project.

For more on this story, see Friday’s Vindicator or vindy.com