The Farmers Charitable Foundation recently invested $5,000 in the Youngstown Warren Regional Chamber Foundation for 2019 economic development initiatives in the Valley.
Pictured from left to right: Mark Wenick, Executive Vice President, Chief Wealth Management Officer, Farmers National Bank; Guy Coviello, President, Regional Chamber Foundation; and Kevin Helmick, President & CEO, Farmers National Bank
The Farmers Charitable Foundation recently invested $5,000 in the Youngstown Warren Regional Chamber Foundation for 2019 economic development initiatives in the Valley.
The Chamber Foundation supports several economic development programs, including a robust business retention, expansion and attraction effort, the award-winning JobsNow workforce development and talent attraction program and the nationally recognized Eastern Ohio Military Affairs Commission.
"With support from local companies like Farmers Trust, we continue to stabilize the local economy," said Regional Chamber Foundation President Guy Coviello. "Our team is creating 1,000 new jobs at the TJX HomeGoods Distribution Center, helping many local companies fill their workforce needs, and growing the footprint at the Youngstown Air Reserve Station, which is the Valley's third-largest employer."
So far this year, the economic development programs supported by the Regional Chamber Foundation, have resulted in nine completed projects that generated more than $200 million of investment, 1,121 new jobs, $25.4 million in new payroll, 274 retained jobs and $13.5 million in retained payroll. In addition, there are 17 pending projects expected to result in $1.4 billion of investment, 607 new jobs and $25.5 million in new payroll over the next 24 months.
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ABOUT FARMERS TRUST COMPANY
Farmers Trust Company manages over $2.5 billion in assets under management. With offices in Youngstown, Howland, Canton and Wooster, Farmers Trust offers a broad range of estate, trust, investment and pension services to both institutional and private clients. The company maintains a skilled staff to include attorneys, certified trust financial advisors, certified public accountants, chartered financial analysts, certified financial planners, an accredited investment fiduciary analyst and a professional plan consultant.
ABOUT THE REGIONAL CHAMBER FOUNDATION
The Regional Chamber Foundation is a nonprofit, 501(c)3 charitable organization that supports economic development programs in the Valley. For more information regarding the Youngstown Warren Regional Chamber Foundation.