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- Success Stories
Trumbull County has a new winery, with the recent addition of Greene Eagle Winery, owned by Keith and Peg Bliss and Dale and Denise Bliss. With loan assistance from the USDA Intermediary Relending Program (IRP) and the Mahoning Valley Industrial Loan Fund through MVEDC, the Bliss’s have constructed an 18th century theme post and beam frame winery located on five acres on Davis Peck Road in Cortland.
The Holiday Inn Express in Oakwood Village, Cuyahoga County, is under new ownership. Rama Tika Hotels, owned by Raj Chandat and his family, operate 18 other hotels in Ohio, Indiana, Illinois and Michigan. The purchase of the hotel was made possible by a loan from Andover Bank and a Small Business Administration 504 loan, through MVEDC. The hotel employs 22 and expects to add seven additional staff.
The Dairy Queen in Girard has undergone reconstruction and expansion at its site on State Street, with the help of Farmers National Bank and a USDA Intermediary Relending Program loan through MVEDC. With the reconstruction, owner Robert Suich added a seating area to expand the interior space. The facility has a sleek, new look, with the feel of a traditional ice cream shop and the addition of drive-thru capabilities.
Poland—Kathleen Prasad has expanded capacity at her Hampton Woods Nursing Center, with the addition of an Assisted Living facility. The 52 unit facility was constructed adjacent to the current building and is connected via a walkway. The Assisted Living Center serves individuals who may need assistance with medication and personal care activities, but not the round-the-clock care a nursing facility provides. Construction of the new facility was made possible by Huntington Bank and an SBA 504 loan through MVEDC. Prasad is joined in the business by her son, Frank Antalocy, [...]Learn More >>
Warren—First Place Bank and an SBA 504 Loan have made it possible for Warren Screw Machine to move into a new facility. Now located in the former Berk Enterprise Building at 3869 Niles Road in Warren, Warren Screw Machine was founded in 1950. For its first thirty-four years, the business offered secondary and general machine shop work. In 1984 the company purchased its first CNC equipment, expanding its ability to turn high tolerance parts. Owner John Condoleon has been with the company since 1989, working his way up through the [...]Learn More >>
Chardon—Black Lab Corporation purchased a building across from its existing Chardon manufacturing facility for the purpose of expansion. Black Lab is a toll blender, custom formulator and maker of epoxy flooring blends, polymer concretes and other dry granular blend services. In addition, the company manufactures Prevent Dust Suppressant and the All Kleer product line. The new building will allow for an expansion of product offerings and houses the new corporate offices. Black Lab Corporation is owned by Peter Hoyt and Doug Gerner; Hoyt also serves as President. The building purchase [...]Learn More >>
Successful manufacturing companies often need help in determining the best way to enable further success. Whether it’s a new site, an expansion to existing facilities, or more modern equipment, MVEDC shares knowledge and resources with manufacturers in the Valley. The stories on this page are a sample of the successes MVEDC has helped local companies achieve.
A successful distribution company is always on the lookout for new customers to service or emerging needs to meet. Their success sometimes requires a new location with greater access to transportation, or expanded warehouse sites. MVEDC can help with knowledge of Valley resources to meet the distributors’ needs. The stories on this page show that MVEDC may be just the solution a distributor needs.
Services companies, no matter what industry they serve, have challenges in managing their success. A new office building or more powerful equipment may be in keeping with a company’s business goals. MVEDC can help the company secure the necessary funding to meet their needs. The stories on this page may give you some ideas for your service company.
Your company may provide goods or services, and may support health care or hospitality or technology. Whatever you do, MVEDC has the knowledge and resources to help you.
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