YOUNGSTOWN, Ohio (WKBN) – Valley Foods in Youngstown is planning a $4.4 million expansion, aiming to create 35 new jobs.
The project, to be located at 335 E. Boardman St., will also retain 35 full-time jobs.
Youngstown City Council will consider offering some financial incentives for the project. The city’s Board of Control is negotiating with Valley Foods on a 10-year real property tax abatement not to exceed a 10-year average of 75%. The proposal is expected to be discussed during next week’s city council meeting.
“We are phasing in that abatement in terms of the percentage over the 10 years based in their ability to perform and meet the job requirements,” said Sharon Woodberry, director of economic development for the City of Youngstown.
According to the company’s project summary, the project consists of a 7,360 square-foot factory for food production, as well as 6,640 square-feet of freezer space.
It’s expected to be complete by September 30.