Phantom Fireworks: Driving the Economy with a Bang!
Have you ever wondered what fuels the local economy of Warren, Ohio, with such vibrancy? The answer may surprise you: it’s fireworks! Recently, Trumbull County Commissioner Denny Malloy and a cadre of local, state, and national officials were treated to an eye-opening tour of Phantom Fireworks’ sprawling warehouse, an integral part of the Trumbull County Tourism Bureau’s “New Stops, Fresh Insights” Economic Development Tour.
The Heart of Warren’s Economic Spark
This family-run enterprise started nearly 50 years ago by Bruce Zoldan has evolved from selling simple sparklers at gas stations to becoming a powerhouse in the national fireworks industry. The company boasts nearly 100 year-round retail outlets across the United States, with an impressively large 400,000-square-foot warehouse in Warren. This facility is the epicenter of their operations, deftly handling about 1,000 shipping containers every year, mainly from China.
Economic Impact Beyond the Fireworks
“This is absolutely amazing,” Commissioner Malloy exclaimed during the tour, acknowledging the sheer scale of operations and the pivotal role Phantom Fireworks plays in bolstering the regional economy. From partnerships with trucking, power, and box companies to employment opportunities in retail stores, Phantom’s impact extends well beyond mere sparklers and Roman candles.
A Journey Through Time and Turbulence
The history shared by Vice President Jessica Dragoiu captures the essence of a small startup from Youngstown becoming a nationwide success story. Despite facing economic hurdles like a dramatic tariff increase, the company’s resilience and commitment to its community stand as a testament to its enduring spirit.
The Art of Adaptation
The recent tariff spike to 145% posed significant challenges, forcing Phantom to halt imports briefly. However, they’ve been advocating for tariff exemptions, arguing the uniqueness of the fireworks industry and its raw material sourcing, likening it to commodities like coffee beans or cocoa.
Preparing for a Grand Show
Anticipation is building for the nation’s 250th anniversary in 2026, and Phantom is gearing up for what could be a record-breaking sales year. According to vindy.com, with the president encouraging celebrations, Phantom Fireworks is confident about a bustling market.
Safety and Community: A Priority
With a strong commitment to safety, the company adheres to strict storage standards and collaborates with local fire departments for product disposal. Phantom’s dedication to its roots shines through its support for local businesses and their deep community ties.
As Warren prepares for the national fireworks celebration, the story of Phantom Fireworks stands as a beacon of innovation and resilience. It’s a narrative of how a little spark can indeed ignite grand economic flames, filling the skies with both fireworks and economic hope.