Shale Boom Has Created 1,400 Jobs in Valley

While the number of jobs that will be created in Ohio by the shale boom is being disputed by multiple studies, there can be no question that there have already been many jobs created for area residents.

An article at outlines the jobs that have already been created or will soon become available in the Youngstown area.  The reality of what has already happened is definitely a source of excitement for the area. 

To date, local or locally based businesses have created or will soon create over 1,400 jobs in the Valley.  Nearly one-third have been created by Vallourec, owners of V&M Star and VAM LLC.  More after the jump...

TMK-IPSCO in Brookfield currently has 71 employees, 27 of which were unemployed before they were hired, and the company says it expects to grow to at least 120 employees soon.  Valley Electrical Consolidated Inc. currently has about 65 locally based employees in engineering support and 155 more in field support, and most of those jobs were created because of the Marcellus Shale exploration.  Those numbers could soon go up to 80 and 270.

The area unemployment rate dropped from 10.5 percent to 8.5 percent in December, demonstrating the rapid job growth in the Valley.

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