State OKs funding for Mahoning, Trumbull business projects

COLUMBUS — A state lawmaker panel signed off on more than $1.3 million in funding today for business projects in Mahoning and Trumbull counties that are expected to create hundreds of jobs.

The largest, a rapid-outreach grant of $1 million-plus that was released by the State Controlling Board without comment, will go to V&M Star's new facility in Youngstown and Girard.

The company, which manufactures steel pipe and related products that will be used in eastern Ohio's emerging oil and gas fields, has committed to creating 350 jobs with an hourly wage of close to $20 and retaining 439 current positions in the two cities.

The grants funds approved will be used to purchase machinery and equipment, according to documents.

The controlling board also released $250,000 for improvements to Salt Springs Road in Youngstown to accommodate increased truck traffic and vehicle access to Exterran's new facility at the Salt Springs Industrial Park. The company has committed to creating103 full-time positions as a result of the project.

Lawmakers also approved $87,500 for the Youngstown Edison Incubator, which assists in the startup of new businesses, and released more than $22,000 for a freezer replacement at the Trumbull Correctional Institution in Leavittsburg. The project involves the installation of a new walk-in freezer to store frozen food used at the prison.

For the complete story, read Tuesday's Vindicator and Vindy.com