The Mahoning Valley Economic Development Corporation is a partnership of public and private interests focused on the revitalization and diversification of the Mahoning Valley in Northeastern Ohio.
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.
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. Construction of the new facility was made possible by Huntington Bank and an SBA 504 loan through MVEDC.
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