Are 300 jobs coming to Youngstown?

December 17, 2013 at 7:21p.m.

The Ohio Tax Credit Authority on Tuesday approved a 60-percent, six-year credit with a total value of $947,000 for Network Solutions Provider.

YOUNGSTOWN

A California company is considering opening a location in downtown Youngstown that could bring 300 jobs here over three years.

Long Beach, Calif., based-Network Solutions Provider would join VXI and Turning Technologies as the only companies to either start a business or announce the addition of more than 100 jobs downtown in the last five years.

The Ohio Tax Credit Authority on Tuesday approved a 60-percent, six-year credit with a total value of $947,000 for Network Solutions Provider, according to information from the office of Gov. John Kasich.

The total investment in the project would be $7 million, according to a statement from the Youngstown/Warren Regional Chamber. Annual payroll for the company in Youngstown would be about $12 million.

“NSP has been contemplating an investment in the Mahoning Valley for a number of years. We hope that today’s award from the TCA will encourage them to pick downtown Youngstown as their next location to create jobs,” said Sarah Boyarko, the Regional Chamber’s vice president for economic development, North America.

NSP offers pricing, product information and consultation for telecommunication equipment and Internet services.

According to Inc. Magazine, NSP has grown by 867 percent in the past three years and added 22 jobs in 2013. The company had revenue in 2012 of $7.9 million.

Company CEO Phillip Walker could not be reached for comment Tuesday.

A location here would include some elements of a call center, but also would have information technology staff, engineers and consultants based here, Boyarko said. The chamber has been working with NSP for a couple of years.