2013 Regional Economic Development Report

2013 REGIONAL ECONOMIC DEVELOPMENT REPORT

Economic development is a broad and multifaceted discipline encompassing

acceleration, education, mentorship and other development initiatives.

Accelerate the Pace of Innovation

Lake Attract New Businesses Support Regional Growth

Develop Business Statewide

please contact the representatives listed below.

Optimize Regional Marketing Regional Marketing Alliance of Northeast Ohio

ORGANIZATIONS CONTRIBUTING TO THIS REPORT

GREATER CLEVELAND PARTNERSHIP The Greater Cleveland Partnership mobilizes private-sector leadership, expertise and resources to create attractive business conditions that create jobs, grow investment and improve the region’s economic prosperity. gcpartnership.com JUMPSTART JumpStart Inc. strengthens economic vitality by helping to realize entrepreneurial potential. jumpstartinc.org Twitter: @jumpstartInc

Stark Development Board

Aram Nerpouni

Stephen L. Paquette

216-658-3975

330-453-5900

anerpouni@bioenterprise.com

steve@starkcoohio.com

bioenterprise.com

starkcoohio.com

Greater Akron Chamber

Team Lorain County

Daniel C. Colantone

Chris Kish

330-237-1212

440-328-2562

colantone@greaterakronchamber.org

ckish@teamloraincounty.com

greaterakronchamber.org

teamloraincounty.com

Summit

Huron

Medina

YOUNGSTOWN

AKRON

Richland

Ashland

MANSFIELD

Wayne

Mahoning

CANTON Stark

Columbiana

18 Counties of Northeast Ohio ASHLAND ASHTABULA COLUMBIANA CUYAHOGA ERIE GEAUGA HURON LAKE LORAIN MAHONING MEDINA PORTAGE RICHLAND STARK SUMMIT TRUMBULL TUSCARAWAS WAYNE

GREATER AKRON CHAMBER The Greater Akron Chamber attracts, retains and creates jobs by promoting the assets of Greater Akron. Its economic development team works directly with companies to increase business investment in the area. greaterakronchamber.org

BioEnterprise

REGIONAL MARKETING ALLIANCE The Regional Marketing Alliance of Northeast Ohio is the governing body of the Cleveland Plus campaign, overseeing the day-to-day operations of Northeast Ohio’s first and only regional marketing initiative. clevelandplus.com STARK DEVELOPMENT BOARD The Stark Development Board retains, expands and attracts business investment in Stark County.

The Board provides financing through federal and state programs, location and building searches, government relations coordination, economic development incentive packaging and infrastructure planning. starkcoohio.com

Tuscarawas

POWERING PROGRESS IN NORTHEAST OHIO

Primary Funding: Businesses, Foundations, State of Ohio

Greater Cleveland Partnership

Team NEO

PARTICIPATING ECONOMIC DEVELOPMENT ORGANIZATIONS

Joseph D. Roman

Thomas A. Waltermire

216-592-2341

216-363-5425

Data included in the Business Attraction and Business Growth and Development sections of this report were submitted by JobsOhio, Team NEO, MAGNET and the following economic development organizations:

jroman@gcpartnership.com

twaltermire@teamneo.org

gcpartnership.com

clevelandplusbusiness.com

JumpStart

Youngstown/Warren Regional Chamber

Ashland Area Council for Economic Development

Ray Leach

Thomas M. Humphries

216-363-3400

330-744-2131

ray.leach@jumpstartinc.org

tom@regionalchamber.com

jumpstartinc.org

regionalchamber.com

MAGNET

Special thanks to the Fund for Our

Daniel E. Berry

Economic Future (the Fund) for supplying

216-432-5301

data for this report. The Fund is a philanthropic

dan.berry@magnetwork.org

collaboration committed to advancing and sus-

manufacturingsuccess.org

taining a long-term economic competitiveness

Columbiana County Port Authority Erie County Economic Development Corporation Geauga Growth Partnership, Inc. Greater Akron Chamber

TEAM LORAIN COUNTY Team Lorain County (TLC) is a private/public economic development partnership dedicated to increasing business investment in Lorain County.

TLC works to recruit new employers and facilitate the expansion of its existing employment base. teamloraincounty.com

Greater Cleveland Partnership Growth Partnership for Ashtabula Huron County Development Council Lake County Ohio Port and Economic Development Authority

strategy for the people of Northeast Ohio. As

and compiles data pertaining to jobs added,

Portage Development Board

216-363-6877

payroll added and capital attracted by many

MAGNET (Manufacturing Advocacy & Growth Network) The mission of MAGNET is to support, educate and champion manufacturing in Northeast Ohio with the goal of transforming the region’s economy into a powerful, global player. manufacturingsuccess.org

Richland Community Development Group

rbagley@nortech.org

of the economic development organizations

nortech.org

in this report. Questions and comments should

NORTECH NorTech is a technology-focused organization that strengthens Northeast Ohio’s economic vitality by accelerating the pace of innovation in the region’s emerging industries, including advanced energy, flexible electronics and water technologies. nortech.org Twitter: @NorTech

YOUNGSTOWN/WARREN REGIONAL CHAMBER The Youngstown/Warren Regional Chamber is the single point of contact for business-related services. It assists companies by providing strategic information, identifying available buildings or land sites and securing state and local incentives. regionalchamber.com

Youngstown/Warren Regional Chamber

216-363-5417

Wayne Economic Development Council

rbatyko@clevelandplus.com

Stark Development Board, Inc.

or epacetti@thefundneo.org.

Rick Batyko

clevelandplus.com

6,63IL1LIO 75 2 B ,

PAY ROLL

J O BJ O S BS

wireless light fixture

6,383

alternate idea

6,631, 75

8

1 44

1,895, 65

35

$3

A L TA M M I NLV EI N S TV E S T

PI IT

Tuscarawas Community Improvement Corporation

be directed to Emily Garr Pacetti 216-456-9803

Regional Marketing Alliance

1B,I8L9L5IO, 6.25

CAP

Team Lorain County

26,$03962,383

N 1 44

Rebecca O. Bagley

TEAM NEO Team NEO advances Northeast Ohio’s economy by marketing the region’s assets, attracting new businesses, building collaboration among economic development organizations and linking the region to the state and JobsOhio. clevelandplusbusiness.com Twitter: @TeamNEO

CA

part of its work, the Fund coordinates, collects

8 3N5

Medina County Economic Development Corporation

NorTech

TS EN T

Accelerate Entrepreneurial Success

Trumbull Portage

EN

Chambers of Commerce, Local Government, Economic Development Organizations

Geauga

$

Improve NEO’s Assets Expand/Retain Businesses

CLEVELAND

Cuyahoga

Lorain

GOAL: Accelerate NEO Economic Growth

LORAIN Erie

$1,

Retain/Grow our Largest Industry (Manufacturing)

BIOENTERPRISE BioEnterprise is a business formation, recruitment and acceleration initiative designed to grow healthcare companies and commercialize bioscience technologies. bioenterprise.com

For more information about the organizations featured in this report,

Ashtabula

$1,

Accelerate Northeast Ohio Bioscience Innovation and Commercialization

and startup, domestic and international – through investment, incubation,

$$11,

teamwork

proactively supports every kind of business – large and small, established

2013 REGIONAL ECONOMIC DEVELOPMENT REPORT

$1,

collaboration and

public and private sectors. Our robust economic development ecosystem

2013 REGIONAL ECONOMIC DEVELOPMENT REPORT

Economic development is a broad and multifaceted discipline encompassing

acceleration, education, mentorship and other development initiatives.

Accelerate the Pace of Innovation

Lake Attract New Businesses Support Regional Growth

Develop Business Statewide

please contact the representatives listed below.

Optimize Regional Marketing Regional Marketing Alliance of Northeast Ohio

ORGANIZATIONS CONTRIBUTING TO THIS REPORT

GREATER CLEVELAND PARTNERSHIP The Greater Cleveland Partnership mobilizes private-sector leadership, expertise and resources to create attractive business conditions that create jobs, grow investment and improve the region’s economic prosperity. gcpartnership.com JUMPSTART JumpStart Inc. strengthens economic vitality by helping to realize entrepreneurial potential. jumpstartinc.org Twitter: @jumpstartInc

Stark Development Board

Aram Nerpouni

Stephen L. Paquette

216-658-3975

330-453-5900

anerpouni@bioenterprise.com

steve@starkcoohio.com

bioenterprise.com

starkcoohio.com

Greater Akron Chamber

Team Lorain County

Daniel C. Colantone

Chris Kish

330-237-1212

440-328-2562

colantone@greaterakronchamber.org

ckish@teamloraincounty.com

greaterakronchamber.org

teamloraincounty.com

Summit

Huron

Medina

YOUNGSTOWN

AKRON

Richland

Ashland

MANSFIELD

Wayne

Mahoning

CANTON Stark

Columbiana

18 Counties of Northeast Ohio ASHLAND ASHTABULA COLUMBIANA CUYAHOGA ERIE GEAUGA HURON LAKE LORAIN MAHONING MEDINA PORTAGE RICHLAND STARK SUMMIT TRUMBULL TUSCARAWAS WAYNE

GREATER AKRON CHAMBER The Greater Akron Chamber attracts, retains and creates jobs by promoting the assets of Greater Akron. Its economic development team works directly with companies to increase business investment in the area. greaterakronchamber.org

BioEnterprise

REGIONAL MARKETING ALLIANCE The Regional Marketing Alliance of Northeast Ohio is the governing body of the Cleveland Plus campaign, overseeing the day-to-day operations of Northeast Ohio’s first and only regional marketing initiative. clevelandplus.com STARK DEVELOPMENT BOARD The Stark Development Board retains, expands and attracts business investment in Stark County.

The Board provides financing through federal and state programs, location and building searches, government relations coordination, economic development incentive packaging and infrastructure planning. starkcoohio.com

Tuscarawas

POWERING PROGRESS IN NORTHEAST OHIO

Primary Funding: Businesses, Foundations, State of Ohio

Greater Cleveland Partnership

Team NEO

PARTICIPATING ECONOMIC DEVELOPMENT ORGANIZATIONS

Joseph D. Roman

Thomas A. Waltermire

216-592-2341

216-363-5425

Data included in the Business Attraction and Business Growth and Development sections of this report were submitted by JobsOhio, Team NEO, MAGNET and the following economic development organizations:

jroman@gcpartnership.com

twaltermire@teamneo.org

gcpartnership.com

clevelandplusbusiness.com

JumpStart

Youngstown/Warren Regional Chamber

Ashland Area Council for Economic Development

Ray Leach

Thomas M. Humphries

216-363-3400

330-744-2131

ray.leach@jumpstartinc.org

tom@regionalchamber.com

jumpstartinc.org

regionalchamber.com

MAGNET

Special thanks to the Fund for Our

Daniel E. Berry

Economic Future (the Fund) for supplying

216-432-5301

data for this report. The Fund is a philanthropic

dan.berry@magnetwork.org

collaboration committed to advancing and sus-

manufacturingsuccess.org

taining a long-term economic competitiveness

Columbiana County Port Authority Erie County Economic Development Corporation Geauga Growth Partnership, Inc. Greater Akron Chamber

TEAM LORAIN COUNTY Team Lorain County (TLC) is a private/public economic development partnership dedicated to increasing business investment in Lorain County.

TLC works to recruit new employers and facilitate the expansion of its existing employment base. teamloraincounty.com

Greater Cleveland Partnership Growth Partnership for Ashtabula Huron County Development Council Lake County Ohio Port and Economic Development Authority

strategy for the people of Northeast Ohio. As

and compiles data pertaining to jobs added,

Portage Development Board

216-363-6877

payroll added and capital attracted by many

MAGNET (Manufacturing Advocacy & Growth Network) The mission of MAGNET is to support, educate and champion manufacturing in Northeast Ohio with the goal of transforming the region’s economy into a powerful, global player. manufacturingsuccess.org

Richland Community Development Group

rbagley@nortech.org

of the economic development organizations

nortech.org

in this report. Questions and comments should

NORTECH NorTech is a technology-focused organization that strengthens Northeast Ohio’s economic vitality by accelerating the pace of innovation in the region’s emerging industries, including advanced energy, flexible electronics and water technologies. nortech.org Twitter: @NorTech

YOUNGSTOWN/WARREN REGIONAL CHAMBER The Youngstown/Warren Regional Chamber is the single point of contact for business-related services. It assists companies by providing strategic information, identifying available buildings or land sites and securing state and local incentives. regionalchamber.com

Youngstown/Warren Regional Chamber

216-363-5417

Wayne Economic Development Council

rbatyko@clevelandplus.com

Stark Development Board, Inc.

or epacetti@thefundneo.org.

Rick Batyko

clevelandplus.com

6,63IL1LIO 75 2 B ,

PAY ROLL

J O BJ O S BS

wireless light fixture

6,383

alternate idea

6,631, 75

8

1 44

1,895, 65

35

$3

A L TA M M I NLV EI N S TV E S T

PI IT

Tuscarawas Community Improvement Corporation

be directed to Emily Garr Pacetti 216-456-9803

Regional Marketing Alliance

1B,I8L9L5IO, 6.25

CAP

Team Lorain County

26,$03962,383

N 1 44

Rebecca O. Bagley

TEAM NEO Team NEO advances Northeast Ohio’s economy by marketing the region’s assets, attracting new businesses, building collaboration among economic development organizations and linking the region to the state and JobsOhio. clevelandplusbusiness.com Twitter: @TeamNEO

CA

part of its work, the Fund coordinates, collects

8 3N5

Medina County Economic Development Corporation

NorTech

TS EN T

Accelerate Entrepreneurial Success

Trumbull Portage

EN

Chambers of Commerce, Local Government, Economic Development Organizations

Geauga

$

Improve NEO’s Assets Expand/Retain Businesses

CLEVELAND

Cuyahoga

Lorain

GOAL: Accelerate NEO Economic Growth

LORAIN Erie

$1,

Retain/Grow our Largest Industry (Manufacturing)

BIOENTERPRISE BioEnterprise is a business formation, recruitment and acceleration initiative designed to grow healthcare companies and commercialize bioscience technologies. bioenterprise.com

For more information about the organizations featured in this report,

Ashtabula

$1,

Accelerate Northeast Ohio Bioscience Innovation and Commercialization

and startup, domestic and international – through investment, incubation,

$$11,

teamwork

proactively supports every kind of business – large and small, established

2013 REGIONAL ECONOMIC DEVELOPMENT REPORT

$1,

collaboration and

public and private sectors. Our robust economic development ecosystem

New Jobs in Payroll: $85.2M

Domestic 47

New Jobs in Payroll: $85.2M Retained Retained Jobs* in Payroll: Jobs* in Payroll: $99.4M $99.4M

New Jobs in Payroll: $178.1M

Domestic 47

New Jobs in Payroll: $178.1M

International International 24 24

ENTREPRENEURSHIP IMPACT

Retained Retained Jobs* in Payroll: Jobs* in Payroll: $526.1M $526.1M

International International 46 46

Domestic 81

Domestic 81

JOBS 2,994

Sources: The Fund for Our Economic Future analysis of data reported by

Business Attraction

Business Growth and Development YEAR-END PIPELINE

105 ACT IVE BU SI

Online shift scheduling and employee communications software company OnShift announced a strategic partnership with long-term care/senior living electronic health record solution, MDI Achieve,

helpful suppliers that participated in the 2012 LTC and Senior

submitted by JobsOhio, Team NEO and economic development

this year, start selling them. The company plans to add about 30

Living LINK Conference.

organizations in 18 counties across Northeast Ohio.

jobs to an existing 49 positions. The company’s CermaClad™

7 5

PIPELINE: TOP ACTIVE PROJECT LEAD SOURCES

Company Inquiry 41 Business Expansion/Retention Contact Consultant Referral Business Attraction Outreach Trade Show

4 2

105 ACT IVE BU SI

9 8

N

105 ACT IVE BU SI

14

TH AND D TH AND DE VE VE ROW ROEW LO LO SG SG S S P P E E N N

18

TRACESS ATTRAC ESS AT15 TIO SIN 9 SIN TION N BU BU PR PR E E 8 V V 2

S CT JE O

Advanced Manufacturing Polymers & Chemicals BioHealth Energy Food Sciences & Agriculture Information Services & Software Automotive Aerospace & Aviation

5,3 70

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PIPELINE: TOP ACTIVE PROJECT CLUSTERS

BS* 5,3 70 JO D N E

93 AC TI

ED

BS* JO 14,37 7R ET AI N

14,37 7R ET AI N

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93

company for the launch of its prior authorization solution.

up with orders. The company’s annual growth rate has exceeded

pipes also won the Pipeline Industries Guild’s “Subsea Pipeline Technology of the Year” award.

52

JECTS PRO

AC 93 AC TI

supports are so in demand that it had to add more shifts to keep

distinction, an award given to the top 25% most innovative and

T EN M

93 AC TI

105 ACT IVE BU SI

14,37 7R ET AI N

14,37 7R ET AI N

93 AC

93 AC

1,3 69 NE

5000. Managed Health Care Associates also partnered with the

cladding company to test its technology on larger pipes and, later

Based on location of parent company

TS JECTS JEC PRO O

1,3 69 NE

8th-fastest growing healthcare-related company in the 2013 Inc.

The company’s catalytic heat-exchanging materials and catalyst

will enable it to grow “tenfold and beyond” in coming years.

Domestic 81

T EN M

1,3 69 NE

JECTS PRO

named the 96th-fastest growing company in the country and the

become better equipped to handle demand for its catalytic products.

grand opening of its Euclid plant, which is allowing the metal

*Jobs stabilized by investments and company growth.

BS JO

2

The prior-authorization software company CoverMyMeds was

and innovation center, which is helping the cleantech company

The Cleveland-based company also earned an Elite Supplier

EW

10

Garrettsville-based Catacel opened its new, state-of-the-art plant

and formed a partnership with Prestige Healthcare Management.

BS JO

14

$217 MILLION

turing company in the U.S. on the 2013 Inc. 5000 list—held the

EW

S CT JE O

S CT JE O

22

28

T EN M

Domestic 81

reported by grantees for the calendar year 2013. Additional data

S CT JE O

16

S CT JE O

Company Inquiry Consultant Referral Business Attraction Outreach Trade Show

CAPITAL ATTRACTED

grantees for the calendar year 2013.

MesoCoat—which was ranked the #15 fastest-growing manufac-

N NTIO TIO ASTIT ASTIT RACETSSBU RAN N CTPI ESSBU PR SINIVE SINIVEION RON U U B ACTIVE B T T PIPELINE:E TOP PROJECT LEAD SOURCES P P R R V VE

JOBS*

8 6 6

D INE TA RE

13 12 11

24

International International 24 24

$222 MILLION

50% over the past three years and Catacel believes the new plant

Retained Retained Jobs* in Payroll: Jobs* in Payroll: $526.1M $526.1M

ESS ATTRAC ESS ATTRAC

1,3 37

JOBS*

Advanced Manufacturing BioHealth Polymers & Chemicals Automotive Energy Food Sciences & Agriculture Information Services & Software Aerospace & Aviation

W

1,3 37

D INE TA RE

W PIPELINE: TOP ACTIVE PROJECT CLUSTERS

BS JO

$1.4 BILLION

Sources: The Fund for Our Economic Future analysis of data

Based on location of parent company

organizations in 18 counties across Northeast Ohio.

BS JO

CAPITAL INVESTMENT

New Jobs in Payroll: $178.1M

JECTS PRO

competing location.

$704 MILLION

N

T EN M

of an existing business chose Northeast Ohio over a

submitted by JobsOhio, Team NEO and economic development

International International 46 46

PAYROLL

New Jobs in Payroll: $178.1M

TH AND D TH AND DE VE VE ROW ROEW LO LO SG SG S S P P NE NE

BS JO

reported by grantees for the calendar year 2013. Additional data

Domestic 47

5,3 70

EW

*Jobs that were stabilized when another operation

JOBS 19,747

BS* 5,3 70 JO N ED

BS JO

Sources: The Fund for Our Economic Future analysis of data

Domestic 47

BUSINESS GROWTH AND DEVELOPMENT IMPACT BS* JO ED

EW

$183 MILLION

SS ATTRAICNTESS ATTRACT SINE S ION ION BU BU PR PR E V VE I I T T

S CT JE O

CAPITAL INVESTMENT

New Jobs in Payroll: $85.2M Retained Retained Jobs* in Payroll: Jobs* in Payroll: $99.4M $99.4M

JOBS*

$185 MILLION

1,3 37

JOBS*

PAYROLL

New Jobs in Payroll: $85.2M

1,3 37

D INE TA RE

JOBS 2,706

W

BS JO

S CT JE O

W

BS JO

D INE TA RE

1,3 69 NE

BUSINESS ATTRACTION IMPACT

Entrepreneurship

YEAR-END PIPELINE

PAYROLL

TECHNOLOGY, INNOVATION AND COMMERCIALIZATION IMPACT JOBS 644

Sources: The Fund for Our Economic Future analysis of data reported by

PAYROLL

$43 MILLION

CAPITAL INVESTMENT

$245 MILLION

grantees for the calendar year 2013.

Technology, Innovation and Commercialization

Legacy Measurement Solutions, Inc. of Addison, Texas, chose to

Six C Fabrication, Inc. is investing $2.1 million in a manufacturing

H.J. Heinz Co. announced the expansion of its frozen food opera-

Involta, LLC is expanding its world-class data center in Akron. The

locate its newest $5.6 million, nearly 73,000-square-foot manu-

plant in Portage County where it will produce piping and structural

tion in Massillon. The $28 million expansion will create 249 jobs

original investment of nearly $17 million included a 5,000 square

facturing operation in Trumbull County. The plant will employ 150

steel equipment for the Utica Shale drilling industry, creating 250

and retain 450 jobs. Massillon competed with other Heinz facilities

foot data center floor infrastructure and a 2.5MW onsite utility

A collaboration between The Timken Company and Stark State

Kent Displays Inc. (KDI) is a leading manufacturer of self-powered

people who will assist customers with their needs in the Marcellus

jobs and adding $14 million in payroll.

substation. The second phase will create a 5,000-square-foot data

College has produced the Technology and Test Center, the first

liquid crystal displays that has sold millions of its Boogie Board

center floor. The infrastructure investment for operational equip-

testing facility of its kind in the Americas. The $14 million center,

writing tablets. The success of the Boogie Board has led to an

ment is approximately $4 million.

housed in an 18,000-square-foot facility located on Stark State

average annual growth of 40% at KDI since 2009. In response, the

College’s North Campus, tests ultra-large bearings systems such as

company installed a second roll-to-roll production line at its head-

This will include offices, meeting rooms and engineering work

Republic Steel began melting metal with its new electric arc

quarters this year, just in time for the launch of its new product,

space to accommodate the addition of 30 jobs, with a payroll of

RACT ESS ATTRAINCETSI S ATT furnace in Lorain. The $85 ION more ON will create SINmillion investment S BU BU P PR E E R than 450 jobs over the next several years and produce more than V V

those found in large multi-megawatt wind turbines.

and Utica shale plays.

93 AC TI

S CT JE O

Tombstone brands) from Northbrook, Illinois to its existing location

Building Our Brand

S CT JE O

US pizza division (DiGiorno, California Pizza Kitchen, Jack’s and

CESS ATTRACTI ESS ATTRA ON SIN SIN TION BU BU PR PR VE VE

93 AC TI

Nestlé USA announced plans to relocate the headquarters of its

in Florida, California, Iowa and South Carolina for the project.

in Solon. This brings 250 new jobs and an incremental payroll of

Hendrickson Trailer Commercial Vehicle Systems announced a 12,000-square-foot, $2 million expansion of its facility in Canton.

$2.1 million, in its engineering design division.

Vitamix increased production from 4,000 to 5,000 units a day

GE Oil and Gas was attracted to Mills Business Park in Canton.

2013 Highlights

and improved on-time product delivery from 75 to 94 percent to

Constant Aviation, a Cleveland-based company that specializes in

meet the 50% percent increase per year demand for its high-end

airframe maintenance, chose to consolidate four locations into a

blending and mixing products. To accommodate this growth,

state-of-the-art headquarters in Cleveland despite other attractive

Vitamix announced plans to lease a 175,000-square-foot facility

incentive offerings from Alabama and Nevada. This project creates

in Strongsville and hire 100 new employees.

300 jobs and has a total investment of $20 million.

The company is involved in advanced technology equipment and services for the oil and gas industry. It is investing $4.87 million, which includes a 24,000-square-foot facility, and expects to create 35 new jobs with a $2.5 million payroll.

• Almost 70 articles or blogs in target national media outlets • Social and electronic media linking 40,000 followers to articles and regional news • Familiarization tour exposing six site selectors and

Stow-based Trilogy created 45 jobs and achieved $16 million in

content for the healthcare industry, is developing a new interna-

capital markets professionals to Northeast Ohio

new sales in 2013 with a system that allows large Class 8 trucks

tional line of business at its headquarters in Summit County. The

• Four quarterly reports on regional economy sent to

Lexi-Comp, Inc., a leading provider of drug information and clinical

expansion will add 30 jobs with $2.7 million in payroll and a capital investment of $2.2 million.

2,000 site selectors • Hundreds of companies linked to talent recruitment site

to utilize compressed natural gas (CNG) as fuel. Using clean CNG instead of diesel fuel helps to lessen America’s dependence on foreign oil, lowers transportation costs and reduces harmful diesel emissions.

93 AC TI

in Northeast Ohio.

93 AC TI

investment for this project is $12 million.

one million tons of steel annually.

S CT JE O

Regional marketing drives business investment

S CT JE O

$21.7 million ($88,000 average per job) to Northeast Ohio. Total

Ohio Star Forge in Champion Township broke ground on a $20 million expansion. The steel conglomerate, which produces forgings for the auto and fastener industries, considered expanding in Japan but ultimately chose to grow in Trumbull County.

Siemens Healthcare, one of the world’s largest trendsetters and

the Boogie Board Sync.

suppliers to the healthcare industry, is relocating its Central Zone

Arteriocyte, a Cleveland clinical stage biotechnology company

headquarters from Pittsburgh to Cleveland. The territory includes

located in the Health-Tech Corridor, won a Biomedical Advanced

Southern NJ and Minnesota and is responsible for 25% of all US

Research and Development Authority (BARDA) contract valued at

revenues. This will be the first physical facility of Siemens Medical

up to $101 million. The company will use the funding to continue

in Ohio.

developing the Magellan Bio-Bandage, a wound-healing technology.

Cleveland Whiskey, LLC uses a patent pending pressuring-aging™

Vadxx Energy bought five acres of city-owned land in Akron to

technology to greatly accelerate the aging of whiskey. The high-tech

build its first commercial-scale plant. The 20,000-square-foot

approach arrives as traditional producers can’t meet surging global

facility, which is scheduled to come online in 2015, will recycle

demand. Cleveland Whiskey now distributes in three states and will

almost 60 tons of waste plastics per day into low-sulfur crude oil

expand in 2014. Since launching sales on March 1, 2013, more

and diesel additives. Vadxx secured funding from Liberation Capital

than 50,000 bottles have been sold.

and awarded a $15 million contract to Rockwell Automation to be

Lumitex, a designer and manufacturer of lighting applications for electronics backlighting and medical devices, opened a new, automated manufacturing facility in Strongsville this year. The company employs about 150 people in Northeast Ohio.

the procurement and construction contractor and manufacture and commission the plant.

New Jobs in Payroll: $85.2M

Domestic 47

New Jobs in Payroll: $85.2M Retained Retained Jobs* in Payroll: Jobs* in Payroll: $99.4M $99.4M

New Jobs in Payroll: $178.1M

Domestic 47

New Jobs in Payroll: $178.1M

International International 24 24

ENTREPRENEURSHIP IMPACT

Retained Retained Jobs* in Payroll: Jobs* in Payroll: $526.1M $526.1M

International International 46 46

Domestic 81

Domestic 81

JOBS 2,994

Sources: The Fund for Our Economic Future analysis of data reported by

Business Attraction

Business Growth and Development YEAR-END PIPELINE

105 ACT IVE BU SI

Online shift scheduling and employee communications software company OnShift announced a strategic partnership with long-term care/senior living electronic health record solution, MDI Achieve,

helpful suppliers that participated in the 2012 LTC and Senior

submitted by JobsOhio, Team NEO and economic development

this year, start selling them. The company plans to add about 30

Living LINK Conference.

organizations in 18 counties across Northeast Ohio.

jobs to an existing 49 positions. The company’s CermaClad™

7 5

PIPELINE: TOP ACTIVE PROJECT LEAD SOURCES

Company Inquiry 41 Business Expansion/Retention Contact Consultant Referral Business Attraction Outreach Trade Show

4 2

105 ACT IVE BU SI

9 8

N

105 ACT IVE BU SI

14

TH AND D TH AND DE VE VE ROW ROEW LO LO SG SG S S P P E E N N

18

TRACESS ATTRAC ESS AT15 TIO SIN 9 SIN TION N BU BU PR PR E E 8 V V 2

S CT JE O

Advanced Manufacturing Polymers & Chemicals BioHealth Energy Food Sciences & Agriculture Information Services & Software Automotive Aerospace & Aviation

5,3 70

93 AC TI

PIPELINE: TOP ACTIVE PROJECT CLUSTERS

BS* 5,3 70 JO D N E

93 AC TI

ED

BS* JO 14,37 7R ET AI N

14,37 7R ET AI N

93 AC

93

company for the launch of its prior authorization solution.

up with orders. The company’s annual growth rate has exceeded

pipes also won the Pipeline Industries Guild’s “Subsea Pipeline Technology of the Year” award.

52

JECTS PRO

AC 93 AC TI

supports are so in demand that it had to add more shifts to keep

distinction, an award given to the top 25% most innovative and

T EN M

93 AC TI

105 ACT IVE BU SI

14,37 7R ET AI N

14,37 7R ET AI N

93 AC

93 AC

1,3 69 NE

5000. Managed Health Care Associates also partnered with the

cladding company to test its technology on larger pipes and, later

Based on location of parent company

TS JECTS JEC PRO O

1,3 69 NE

8th-fastest growing healthcare-related company in the 2013 Inc.

The company’s catalytic heat-exchanging materials and catalyst

will enable it to grow “tenfold and beyond” in coming years.

Domestic 81

T EN M

1,3 69 NE

JECTS PRO

named the 96th-fastest growing company in the country and the

become better equipped to handle demand for its catalytic products.

grand opening of its Euclid plant, which is allowing the metal

*Jobs stabilized by investments and company growth.

BS JO

2

The prior-authorization software company CoverMyMeds was

and innovation center, which is helping the cleantech company

The Cleveland-based company also earned an Elite Supplier

EW

10

Garrettsville-based Catacel opened its new, state-of-the-art plant

and formed a partnership with Prestige Healthcare Management.

BS JO

14

$217 MILLION

turing company in the U.S. on the 2013 Inc. 5000 list—held the

EW

S CT JE O

S CT JE O

22

28

T EN M

Domestic 81

reported by grantees for the calendar year 2013. Additional data

S CT JE O

16

S CT JE O

Company Inquiry Consultant Referral Business Attraction Outreach Trade Show

CAPITAL ATTRACTED

grantees for the calendar year 2013.

MesoCoat—which was ranked the #15 fastest-growing manufac-

N NTIO TIO ASTIT ASTIT RACETSSBU RAN N CTPI ESSBU PR SINIVE SINIVEION RON U U B ACTIVE B T T PIPELINE:E TOP PROJECT LEAD SOURCES P P R R V VE

JOBS*

8 6 6

D INE TA RE

13 12 11

24

International International 24 24

$222 MILLION

50% over the past three years and Catacel believes the new plant

Retained Retained Jobs* in Payroll: Jobs* in Payroll: $526.1M $526.1M

ESS ATTRAC ESS ATTRAC

1,3 37

JOBS*

Advanced Manufacturing BioHealth Polymers & Chemicals Automotive Energy Food Sciences & Agriculture Information Services & Software Aerospace & Aviation

W

1,3 37

D INE TA RE

W PIPELINE: TOP ACTIVE PROJECT CLUSTERS

BS JO

$1.4 BILLION

Sources: The Fund for Our Economic Future analysis of data

Based on location of parent company

organizations in 18 counties across Northeast Ohio.

BS JO

CAPITAL INVESTMENT

New Jobs in Payroll: $178.1M

JECTS PRO

competing location.

$704 MILLION

N

T EN M

of an existing business chose Northeast Ohio over a

submitted by JobsOhio, Team NEO and economic development

International International 46 46

PAYROLL

New Jobs in Payroll: $178.1M

TH AND D TH AND DE VE VE ROW ROEW LO LO SG SG S S P P NE NE

BS JO

reported by grantees for the calendar year 2013. Additional data

Domestic 47

5,3 70

EW

*Jobs that were stabilized when another operation

JOBS 19,747

BS* 5,3 70 JO N ED

BS JO

Sources: The Fund for Our Economic Future analysis of data

Domestic 47

BUSINESS GROWTH AND DEVELOPMENT IMPACT BS* JO ED

EW

$183 MILLION

SS ATTRAICNTESS ATTRACT SINE S ION ION BU BU PR PR E V VE I I T T

S CT JE O

CAPITAL INVESTMENT

New Jobs in Payroll: $85.2M Retained Retained Jobs* in Payroll: Jobs* in Payroll: $99.4M $99.4M

JOBS*

$185 MILLION

1,3 37

JOBS*

PAYROLL

New Jobs in Payroll: $85.2M

1,3 37

D INE TA RE

JOBS 2,706

W

BS JO

S CT JE O

W

BS JO

D INE TA RE

1,3 69 NE

BUSINESS ATTRACTION IMPACT

Entrepreneurship

YEAR-END PIPELINE

PAYROLL

TECHNOLOGY, INNOVATION AND COMMERCIALIZATION IMPACT JOBS 644

Sources: The Fund for Our Economic Future analysis of data reported by

PAYROLL

$43 MILLION

CAPITAL INVESTMENT

$245 MILLION

grantees for the calendar year 2013.

Technology, Innovation and Commercialization

Legacy Measurement Solutions, Inc. of Addison, Texas, chose to

Six C Fabrication, Inc. is investing $2.1 million in a manufacturing

H.J. Heinz Co. announced the expansion of its frozen food opera-

Involta, LLC is expanding its world-class data center in Akron. The

locate its newest $5.6 million, nearly 73,000-square-foot manu-

plant in Portage County where it will produce piping and structural

tion in Massillon. The $28 million expansion will create 249 jobs

original investment of nearly $17 million included a 5,000 square

facturing operation in Trumbull County. The plant will employ 150

steel equipment for the Utica Shale drilling industry, creating 250

and retain 450 jobs. Massillon competed with other Heinz facilities

foot data center floor infrastructure and a 2.5MW onsite utility

A collaboration between The Timken Company and Stark State

Kent Displays Inc. (KDI) is a leading manufacturer of self-powered

people who will assist customers with their needs in the Marcellus

jobs and adding $14 million in payroll.

substation. The second phase will create a 5,000-square-foot data

College has produced the Technology and Test Center, the first

liquid crystal displays that has sold millions of its Boogie Board

center floor. The infrastructure investment for operational equip-

testing facility of its kind in the Americas. The $14 million center,

writing tablets. The success of the Boogie Board has led to an

ment is approximately $4 million.

housed in an 18,000-square-foot facility located on Stark State

average annual growth of 40% at KDI since 2009. In response, the

College’s North Campus, tests ultra-large bearings systems such as

company installed a second roll-to-roll production line at its head-

This will include offices, meeting rooms and engineering work

Republic Steel began melting metal with its new electric arc

quarters this year, just in time for the launch of its new product,

space to accommodate the addition of 30 jobs, with a payroll of

RACT ESS ATTRAINCETSI S ATT furnace in Lorain. The $85 ION more ON will create SINmillion investment S BU BU P PR E E R than 450 jobs over the next several years and produce more than V V

those found in large multi-megawatt wind turbines.

and Utica shale plays.

93 AC TI

S CT JE O

Tombstone brands) from Northbrook, Illinois to its existing location

Building Our Brand

S CT JE O

US pizza division (DiGiorno, California Pizza Kitchen, Jack’s and

CESS ATTRACTI ESS ATTRA ON SIN SIN TION BU BU PR PR VE VE

93 AC TI

Nestlé USA announced plans to relocate the headquarters of its

in Florida, California, Iowa and South Carolina for the project.

in Solon. This brings 250 new jobs and an incremental payroll of

Hendrickson Trailer Commercial Vehicle Systems announced a 12,000-square-foot, $2 million expansion of its facility in Canton.

$2.1 million, in its engineering design division.

Vitamix increased production from 4,000 to 5,000 units a day

GE Oil and Gas was attracted to Mills Business Park in Canton.

2013 Highlights

and improved on-time product delivery from 75 to 94 percent to

Constant Aviation, a Cleveland-based company that specializes in

meet the 50% percent increase per year demand for its high-end

airframe maintenance, chose to consolidate four locations into a

blending and mixing products. To accommodate this growth,

state-of-the-art headquarters in Cleveland despite other attractive

Vitamix announced plans to lease a 175,000-square-foot facility

incentive offerings from Alabama and Nevada. This project creates

in Strongsville and hire 100 new employees.

300 jobs and has a total investment of $20 million.

The company is involved in advanced technology equipment and services for the oil and gas industry. It is investing $4.87 million, which includes a 24,000-square-foot facility, and expects to create 35 new jobs with a $2.5 million payroll.

• Almost 70 articles or blogs in target national media outlets • Social and electronic media linking 40,000 followers to articles and regional news • Familiarization tour exposing six site selectors and

Stow-based Trilogy created 45 jobs and achieved $16 million in

content for the healthcare industry, is developing a new interna-

capital markets professionals to Northeast Ohio

new sales in 2013 with a system that allows large Class 8 trucks

tional line of business at its headquarters in Summit County. The

• Four quarterly reports on regional economy sent to

Lexi-Comp, Inc., a leading provider of drug information and clinical

expansion will add 30 jobs with $2.7 million in payroll and a capital investment of $2.2 million.

2,000 site selectors • Hundreds of companies linked to talent recruitment site

to utilize compressed natural gas (CNG) as fuel. Using clean CNG instead of diesel fuel helps to lessen America’s dependence on foreign oil, lowers transportation costs and reduces harmful diesel emissions.

93 AC TI

in Northeast Ohio.

93 AC TI

investment for this project is $12 million.

one million tons of steel annually.

S CT JE O

Regional marketing drives business investment

S CT JE O

$21.7 million ($88,000 average per job) to Northeast Ohio. Total

Ohio Star Forge in Champion Township broke ground on a $20 million expansion. The steel conglomerate, which produces forgings for the auto and fastener industries, considered expanding in Japan but ultimately chose to grow in Trumbull County.

Siemens Healthcare, one of the world’s largest trendsetters and

the Boogie Board Sync.

suppliers to the healthcare industry, is relocating its Central Zone

Arteriocyte, a Cleveland clinical stage biotechnology company

headquarters from Pittsburgh to Cleveland. The territory includes

located in the Health-Tech Corridor, won a Biomedical Advanced

Southern NJ and Minnesota and is responsible for 25% of all US

Research and Development Authority (BARDA) contract valued at

revenues. This will be the first physical facility of Siemens Medical

up to $101 million. The company will use the funding to continue

in Ohio.

developing the Magellan Bio-Bandage, a wound-healing technology.

Cleveland Whiskey, LLC uses a patent pending pressuring-aging™

Vadxx Energy bought five acres of city-owned land in Akron to

technology to greatly accelerate the aging of whiskey. The high-tech

build its first commercial-scale plant. The 20,000-square-foot

approach arrives as traditional producers can’t meet surging global

facility, which is scheduled to come online in 2015, will recycle

demand. Cleveland Whiskey now distributes in three states and will

almost 60 tons of waste plastics per day into low-sulfur crude oil

expand in 2014. Since launching sales on March 1, 2013, more

and diesel additives. Vadxx secured funding from Liberation Capital

than 50,000 bottles have been sold.

and awarded a $15 million contract to Rockwell Automation to be

Lumitex, a designer and manufacturer of lighting applications for electronics backlighting and medical devices, opened a new, automated manufacturing facility in Strongsville this year. The company employs about 150 people in Northeast Ohio.

the procurement and construction contractor and manufacture and commission the plant.

New Jobs in Payroll: $85.2M

Domestic 47

New Jobs in Payroll: $85.2M Retained Retained Jobs* in Payroll: Jobs* in Payroll: $99.4M $99.4M

New Jobs in Payroll: $178.1M

Domestic 47

New Jobs in Payroll: $178.1M

International International 24 24

ENTREPRENEURSHIP IMPACT

Retained Retained Jobs* in Payroll: Jobs* in Payroll: $526.1M $526.1M

International International 46 46

Domestic 81

Domestic 81

JOBS 2,994

Sources: The Fund for Our Economic Future analysis of data reported by

Business Attraction

Business Growth and Development YEAR-END PIPELINE

105 ACT IVE BU SI

Online shift scheduling and employee communications software company OnShift announced a strategic partnership with long-term care/senior living electronic health record solution, MDI Achieve,

helpful suppliers that participated in the 2012 LTC and Senior

submitted by JobsOhio, Team NEO and economic development

this year, start selling them. The company plans to add about 30

Living LINK Conference.

organizations in 18 counties across Northeast Ohio.

jobs to an existing 49 positions. The company’s CermaClad™

7 5

PIPELINE: TOP ACTIVE PROJECT LEAD SOURCES

Company Inquiry 41 Business Expansion/Retention Contact Consultant Referral Business Attraction Outreach Trade Show

4 2

105 ACT IVE BU SI

9 8

N

105 ACT IVE BU SI

14

TH AND D TH AND DE VE VE ROW ROEW LO LO SG SG S S P P E E N N

18

TRACESS ATTRAC ESS AT15 TIO SIN 9 SIN TION N BU BU PR PR E E 8 V V 2

S CT JE O

Advanced Manufacturing Polymers & Chemicals BioHealth Energy Food Sciences & Agriculture Information Services & Software Automotive Aerospace & Aviation

5,3 70

93 AC TI

PIPELINE: TOP ACTIVE PROJECT CLUSTERS

BS* 5,3 70 JO D N E

93 AC TI

ED

BS* JO 14,37 7R ET AI N

14,37 7R ET AI N

93 AC

93

company for the launch of its prior authorization solution.

up with orders. The company’s annual growth rate has exceeded

pipes also won the Pipeline Industries Guild’s “Subsea Pipeline Technology of the Year” award.

52

JECTS PRO

AC 93 AC TI

supports are so in demand that it had to add more shifts to keep

distinction, an award given to the top 25% most innovative and

T EN M

93 AC TI

105 ACT IVE BU SI

14,37 7R ET AI N

14,37 7R ET AI N

93 AC

93 AC

1,3 69 NE

5000. Managed Health Care Associates also partnered with the

cladding company to test its technology on larger pipes and, later

Based on location of parent company

TS JECTS JEC PRO O

1,3 69 NE

8th-fastest growing healthcare-related company in the 2013 Inc.

The company’s catalytic heat-exchanging materials and catalyst

will enable it to grow “tenfold and beyond” in coming years.

Domestic 81

T EN M

1,3 69 NE

JECTS PRO

named the 96th-fastest growing company in the country and the

become better equipped to handle demand for its catalytic products.

grand opening of its Euclid plant, which is allowing the metal

*Jobs stabilized by investments and company growth.

BS JO

2

The prior-authorization software company CoverMyMeds was

and innovation center, which is helping the cleantech company

The Cleveland-based company also earned an Elite Supplier

EW

10

Garrettsville-based Catacel opened its new, state-of-the-art plant

and formed a partnership with Prestige Healthcare Management.

BS JO

14

$217 MILLION

turing company in the U.S. on the 2013 Inc. 5000 list—held the

EW

S CT JE O

S CT JE O

22

28

T EN M

Domestic 81

reported by grantees for the calendar year 2013. Additional data

S CT JE O

16

S CT JE O

Company Inquiry Consultant Referral Business Attraction Outreach Trade Show

CAPITAL ATTRACTED

grantees for the calendar year 2013.

MesoCoat—which was ranked the #15 fastest-growing manufac-

N NTIO TIO ASTIT ASTIT RACETSSBU RAN N CTPI ESSBU PR SINIVE SINIVEION RON U U B ACTIVE B T T PIPELINE:E TOP PROJECT LEAD SOURCES P P R R V VE

JOBS*

8 6 6

D INE TA RE

13 12 11

24

International International 24 24

$222 MILLION

50% over the past three years and Catacel believes the new plant

Retained Retained Jobs* in Payroll: Jobs* in Payroll: $526.1M $526.1M

ESS ATTRAC ESS ATTRAC

1,3 37

JOBS*

Advanced Manufacturing BioHealth Polymers & Chemicals Automotive Energy Food Sciences & Agriculture Information Services & Software Aerospace & Aviation

W

1,3 37

D INE TA RE

W PIPELINE: TOP ACTIVE PROJECT CLUSTERS

BS JO

$1.4 BILLION

Sources: The Fund for Our Economic Future analysis of data

Based on location of parent company

organizations in 18 counties across Northeast Ohio.

BS JO

CAPITAL INVESTMENT

New Jobs in Payroll: $178.1M

JECTS PRO

competing location.

$704 MILLION

N

T EN M

of an existing business chose Northeast Ohio over a

submitted by JobsOhio, Team NEO and economic development

International International 46 46

PAYROLL

New Jobs in Payroll: $178.1M

TH AND D TH AND DE VE VE ROW ROEW LO LO SG SG S S P P NE NE

BS JO

reported by grantees for the calendar year 2013. Additional data

Domestic 47

5,3 70

EW

*Jobs that were stabilized when another operation

JOBS 19,747

BS* 5,3 70 JO N ED

BS JO

Sources: The Fund for Our Economic Future analysis of data

Domestic 47

BUSINESS GROWTH AND DEVELOPMENT IMPACT BS* JO ED

EW

$183 MILLION

SS ATTRAICNTESS ATTRACT SINE S ION ION BU BU PR PR E V VE I I T T

S CT JE O

CAPITAL INVESTMENT

New Jobs in Payroll: $85.2M Retained Retained Jobs* in Payroll: Jobs* in Payroll: $99.4M $99.4M

JOBS*

$185 MILLION

1,3 37

JOBS*

PAYROLL

New Jobs in Payroll: $85.2M

1,3 37

D INE TA RE

JOBS 2,706

W

BS JO

S CT JE O

W

BS JO

D INE TA RE

1,3 69 NE

BUSINESS ATTRACTION IMPACT

Entrepreneurship

YEAR-END PIPELINE

PAYROLL

TECHNOLOGY, INNOVATION AND COMMERCIALIZATION IMPACT JOBS 644

Sources: The Fund for Our Economic Future analysis of data reported by

PAYROLL

$43 MILLION

CAPITAL INVESTMENT

$245 MILLION

grantees for the calendar year 2013.

Technology, Innovation and Commercialization

Legacy Measurement Solutions, Inc. of Addison, Texas, chose to

Six C Fabrication, Inc. is investing $2.1 million in a manufacturing

H.J. Heinz Co. announced the expansion of its frozen food opera-

Involta, LLC is expanding its world-class data center in Akron. The

locate its newest $5.6 million, nearly 73,000-square-foot manu-

plant in Portage County where it will produce piping and structural

tion in Massillon. The $28 million expansion will create 249 jobs

original investment of nearly $17 million included a 5,000 square

facturing operation in Trumbull County. The plant will employ 150

steel equipment for the Utica Shale drilling industry, creating 250

and retain 450 jobs. Massillon competed with other Heinz facilities

foot data center floor infrastructure and a 2.5MW onsite utility

A collaboration between The Timken Company and Stark State

Kent Displays Inc. (KDI) is a leading manufacturer of self-powered

people who will assist customers with their needs in the Marcellus

jobs and adding $14 million in payroll.

substation. The second phase will create a 5,000-square-foot data

College has produced the Technology and Test Center, the first

liquid crystal displays that has sold millions of its Boogie Board

center floor. The infrastructure investment for operational equip-

testing facility of its kind in the Americas. The $14 million center,

writing tablets. The success of the Boogie Board has led to an

ment is approximately $4 million.

housed in an 18,000-square-foot facility located on Stark State

average annual growth of 40% at KDI since 2009. In response, the

College’s North Campus, tests ultra-large bearings systems such as

company installed a second roll-to-roll production line at its head-

This will include offices, meeting rooms and engineering work

Republic Steel began melting metal with its new electric arc

quarters this year, just in time for the launch of its new product,

space to accommodate the addition of 30 jobs, with a payroll of

RACT ESS ATTRAINCETSI S ATT furnace in Lorain. The $85 ION more ON will create SINmillion investment S BU BU P PR E E R than 450 jobs over the next several years and produce more than V V

those found in large multi-megawatt wind turbines.

and Utica shale plays.

93 AC TI

S CT JE O

Tombstone brands) from Northbrook, Illinois to its existing location

Building Our Brand

S CT JE O

US pizza division (DiGiorno, California Pizza Kitchen, Jack’s and

CESS ATTRACTI ESS ATTRA ON SIN SIN TION BU BU PR PR VE VE

93 AC TI

Nestlé USA announced plans to relocate the headquarters of its

in Florida, California, Iowa and South Carolina for the project.

in Solon. This brings 250 new jobs and an incremental payroll of

Hendrickson Trailer Commercial Vehicle Systems announced a 12,000-square-foot, $2 million expansion of its facility in Canton.

$2.1 million, in its engineering design division.

Vitamix increased production from 4,000 to 5,000 units a day

GE Oil and Gas was attracted to Mills Business Park in Canton.

2013 Highlights

and improved on-time product delivery from 75 to 94 percent to

Constant Aviation, a Cleveland-based company that specializes in

meet the 50% percent increase per year demand for its high-end

airframe maintenance, chose to consolidate four locations into a

blending and mixing products. To accommodate this growth,

state-of-the-art headquarters in Cleveland despite other attractive

Vitamix announced plans to lease a 175,000-square-foot facility

incentive offerings from Alabama and Nevada. This project creates

in Strongsville and hire 100 new employees.

300 jobs and has a total investment of $20 million.

The company is involved in advanced technology equipment and services for the oil and gas industry. It is investing $4.87 million, which includes a 24,000-square-foot facility, and expects to create 35 new jobs with a $2.5 million payroll.

• Almost 70 articles or blogs in target national media outlets • Social and electronic media linking 40,000 followers to articles and regional news • Familiarization tour exposing six site selectors and

Stow-based Trilogy created 45 jobs and achieved $16 million in

content for the healthcare industry, is developing a new interna-

capital markets professionals to Northeast Ohio

new sales in 2013 with a system that allows large Class 8 trucks

tional line of business at its headquarters in Summit County. The

• Four quarterly reports on regional economy sent to

Lexi-Comp, Inc., a leading provider of drug information and clinical

expansion will add 30 jobs with $2.7 million in payroll and a capital investment of $2.2 million.

2,000 site selectors • Hundreds of companies linked to talent recruitment site

to utilize compressed natural gas (CNG) as fuel. Using clean CNG instead of diesel fuel helps to lessen America’s dependence on foreign oil, lowers transportation costs and reduces harmful diesel emissions.

93 AC TI

in Northeast Ohio.

93 AC TI

investment for this project is $12 million.

one million tons of steel annually.

S CT JE O

Regional marketing drives business investment

S CT JE O

$21.7 million ($88,000 average per job) to Northeast Ohio. Total

Ohio Star Forge in Champion Township broke ground on a $20 million expansion. The steel conglomerate, which produces forgings for the auto and fastener industries, considered expanding in Japan but ultimately chose to grow in Trumbull County.

Siemens Healthcare, one of the world’s largest trendsetters and

the Boogie Board Sync.

suppliers to the healthcare industry, is relocating its Central Zone

Arteriocyte, a Cleveland clinical stage biotechnology company

headquarters from Pittsburgh to Cleveland. The territory includes

located in the Health-Tech Corridor, won a Biomedical Advanced

Southern NJ and Minnesota and is responsible for 25% of all US

Research and Development Authority (BARDA) contract valued at

revenues. This will be the first physical facility of Siemens Medical

up to $101 million. The company will use the funding to continue

in Ohio.

developing the Magellan Bio-Bandage, a wound-healing technology.

Cleveland Whiskey, LLC uses a patent pending pressuring-aging™

Vadxx Energy bought five acres of city-owned land in Akron to

technology to greatly accelerate the aging of whiskey. The high-tech

build its first commercial-scale plant. The 20,000-square-foot

approach arrives as traditional producers can’t meet surging global

facility, which is scheduled to come online in 2015, will recycle

demand. Cleveland Whiskey now distributes in three states and will

almost 60 tons of waste plastics per day into low-sulfur crude oil

expand in 2014. Since launching sales on March 1, 2013, more

and diesel additives. Vadxx secured funding from Liberation Capital

than 50,000 bottles have been sold.

and awarded a $15 million contract to Rockwell Automation to be

Lumitex, a designer and manufacturer of lighting applications for electronics backlighting and medical devices, opened a new, automated manufacturing facility in Strongsville this year. The company employs about 150 people in Northeast Ohio.

the procurement and construction contractor and manufacture and commission the plant.

2013 REGIONAL ECONOMIC DEVELOPMENT REPORT

Economic development is a broad and multifaceted discipline encompassing

acceleration, education, mentorship and other development initiatives.

Accelerate the Pace of Innovation

Lake Attract New Businesses Support Regional Growth

Develop Business Statewide

please contact the representatives listed below.

Optimize Regional Marketing Regional Marketing Alliance of Northeast Ohio

ORGANIZATIONS CONTRIBUTING TO THIS REPORT

GREATER CLEVELAND PARTNERSHIP The Greater Cleveland Partnership mobilizes private-sector leadership, expertise and resources to create attractive business conditions that create jobs, grow investment and improve the region’s economic prosperity. gcpartnership.com JUMPSTART JumpStart Inc. strengthens economic vitality by helping to realize entrepreneurial potential. jumpstartinc.org Twitter: @jumpstartInc

Stark Development Board

Aram Nerpouni

Stephen L. Paquette

216-658-3975

330-453-5900

anerpouni@bioenterprise.com

steve@starkcoohio.com

bioenterprise.com

starkcoohio.com

Greater Akron Chamber

Team Lorain County

Daniel C. Colantone

Chris Kish

330-237-1212

440-328-2562

colantone@greaterakronchamber.org

ckish@teamloraincounty.com

greaterakronchamber.org

teamloraincounty.com

Summit

Huron

Medina

YOUNGSTOWN

AKRON

Richland

Ashland

MANSFIELD

Wayne

Mahoning

CANTON Stark

Columbiana

18 Counties of Northeast Ohio ASHLAND ASHTABULA COLUMBIANA CUYAHOGA ERIE GEAUGA HURON LAKE LORAIN MAHONING MEDINA PORTAGE RICHLAND STARK SUMMIT TRUMBULL TUSCARAWAS WAYNE

GREATER AKRON CHAMBER The Greater Akron Chamber attracts, retains and creates jobs by promoting the assets of Greater Akron. Its economic development team works directly with companies to increase business investment in the area. greaterakronchamber.org

BioEnterprise

REGIONAL MARKETING ALLIANCE The Regional Marketing Alliance of Northeast Ohio is the governing body of the Cleveland Plus campaign, overseeing the day-to-day operations of Northeast Ohio’s first and only regional marketing initiative. clevelandplus.com STARK DEVELOPMENT BOARD The Stark Development Board retains, expands and attracts business investment in Stark County.

The Board provides financing through federal and state programs, location and building searches, government relations coordination, economic development incentive packaging and infrastructure planning. starkcoohio.com

Tuscarawas

POWERING PROGRESS IN NORTHEAST OHIO

Primary Funding: Businesses, Foundations, State of Ohio

Greater Cleveland Partnership

Team NEO

PARTICIPATING ECONOMIC DEVELOPMENT ORGANIZATIONS

Joseph D. Roman

Thomas A. Waltermire

216-592-2341

216-363-5425

Data included in the Business Attraction and Business Growth and Development sections of this report were submitted by JobsOhio, Team NEO, MAGNET and the following economic development organizations:

jroman@gcpartnership.com

twaltermire@teamneo.org

gcpartnership.com

clevelandplusbusiness.com

JumpStart

Youngstown/Warren Regional Chamber

Ashland Area Council for Economic Development

Ray Leach

Thomas M. Humphries

216-363-3400

330-744-2131

ray.leach@jumpstartinc.org

tom@regionalchamber.com

jumpstartinc.org

regionalchamber.com

MAGNET

Special thanks to the Fund for Our

Daniel E. Berry

Economic Future (the Fund) for supplying

216-432-5301

data for this report. The Fund is a philanthropic

dan.berry@magnetwork.org

collaboration committed to advancing and sus-

manufacturingsuccess.org

taining a long-term economic competitiveness

Columbiana County Port Authority Erie County Economic Development Corporation Geauga Growth Partnership, Inc. Greater Akron Chamber

TEAM LORAIN COUNTY Team Lorain County (TLC) is a private/public economic development partnership dedicated to increasing business investment in Lorain County.

TLC works to recruit new employers and facilitate the expansion of its existing employment base. teamloraincounty.com

Greater Cleveland Partnership Growth Partnership for Ashtabula Huron County Development Council Lake County Ohio Port and Economic Development Authority

strategy for the people of Northeast Ohio. As

and compiles data pertaining to jobs added,

Portage Development Board

216-363-6877

payroll added and capital attracted by many

MAGNET (Manufacturing Advocacy & Growth Network) The mission of MAGNET is to support, educate and champion manufacturing in Northeast Ohio with the goal of transforming the region’s economy into a powerful, global player. manufacturingsuccess.org

Richland Community Development Group

rbagley@nortech.org

of the economic development organizations

nortech.org

in this report. Questions and comments should

NORTECH NorTech is a technology-focused organization that strengthens Northeast Ohio’s economic vitality by accelerating the pace of innovation in the region’s emerging industries, including advanced energy, flexible electronics and water technologies. nortech.org Twitter: @NorTech

YOUNGSTOWN/WARREN REGIONAL CHAMBER The Youngstown/Warren Regional Chamber is the single point of contact for business-related services. It assists companies by providing strategic information, identifying available buildings or land sites and securing state and local incentives. regionalchamber.com

Youngstown/Warren Regional Chamber

216-363-5417

Wayne Economic Development Council

rbatyko@clevelandplus.com

Stark Development Board, Inc.

or epacetti@thefundneo.org.

Rick Batyko

clevelandplus.com

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Tuscarawas Community Improvement Corporation

be directed to Emily Garr Pacetti 216-456-9803

Regional Marketing Alliance

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Team Lorain County

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Rebecca O. Bagley

TEAM NEO Team NEO advances Northeast Ohio’s economy by marketing the region’s assets, attracting new businesses, building collaboration among economic development organizations and linking the region to the state and JobsOhio. clevelandplusbusiness.com Twitter: @TeamNEO

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part of its work, the Fund coordinates, collects

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Medina County Economic Development Corporation

NorTech

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Accelerate Entrepreneurial Success

Trumbull Portage

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Chambers of Commerce, Local Government, Economic Development Organizations

Geauga

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Improve NEO’s Assets Expand/Retain Businesses

CLEVELAND

Cuyahoga

Lorain

GOAL: Accelerate NEO Economic Growth

LORAIN Erie

$1,

Retain/Grow our Largest Industry (Manufacturing)

BIOENTERPRISE BioEnterprise is a business formation, recruitment and acceleration initiative designed to grow healthcare companies and commercialize bioscience technologies. bioenterprise.com

For more information about the organizations featured in this report,

Ashtabula

$1,

Accelerate Northeast Ohio Bioscience Innovation and Commercialization

and startup, domestic and international – through investment, incubation,

$$11,

teamwork

proactively supports every kind of business – large and small, established

2013 REGIONAL ECONOMIC DEVELOPMENT REPORT

$1,

collaboration and

public and private sectors. Our robust economic development ecosystem