On March 29th, the Regional Chamber’s Sarah Boyarko, manager of business development sat along side Revere Data’s local manager during the Ohio Tax Credit Authority hearing in order to assist the company in securing a Job Creation Tax Credit at 40% over 6 years with an estimated value of $68,000.
This San Francisco company opened their new research office this past February in downtown Youngstown’s Semple Building, located in the “tech block” on West Federal Street. This firm provides research data on companies for clients such as financial institutions and the U.S. government and will enable these businesses or organizations to making better investment decisions in addition to lowering their risk.
Revere, who already employs 11 individuals locally, has committed to hiring and additional 40 full time employees over a three year period of time and will generate an annual payroll of $1.2 million.
The company chose our community in part because of the reasonable lease rate, the available workforce and the combined support of the Office of Congressman Tim Ryan, Youngstown Business Incubator, Ohio Department of Development, Youngstown Central Area Community Improvement Corporation and Youngstown/Warren Regional Chamber.