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2013: A big year for business development in Northeast Ohio

 

Photo left: Nestlé breaks ground for its new $53 million, 144,000 square-foot Product Technology Center in Solon left to right: Sean Westcott, director, Nestlé's Product Technology Center; Solon City Council Member Edward Kraus; Governor Kasich and Johannes Baensch, head of Nestlé's Global R&D, Vevey, Switzerland.

Photo right: Vince Adamus, GCP’s vice president, real estate and business development with Ohio Economic Development Asssociation President Ellen Heinz accepted the ODEA excellence in economic development marketing award on behalf of GCP and its Northeast Ohio economic development partners. 

The Greater Cleveland Partnership's Business Development Team continued its award-winning business retention and expansion activities and ended 2013 with strong results. The team called on more than 340 businesses in the region this year to help them grow and thrive by connecting them to resources related to workforce, real estate, financing, development, state and local tax credits and incentives.

Together with GCP’s public and private partner organizations, the team successfully closed 17 business retention and expansion projects in Greater Cleveland (see below), which resulted in 1,616 jobs created, 2,015 jobs retained, and over $173 million in capital investment. Projects include:
  • Art of Beauty
  • ByteGrid
  • City of Brooklyn
  • Cincinnati Restaurant Group, Inc.
  • Constant Aviation
  • Dwellworks
  • Equity Trust
  • Freeway Corporation
  • Flats East Development LLC
  • Glazer's Distributors of Ohio, Inc.
  • HDI Landing Gear
  • Merit Brass
  • Nestle USA, Inc.
  • Osborn Engineering
  • SP Data
  • Royal Appliance Mfg. Co. aka TTI
  • Vitamix

The Business Development Team also developed a pipeline of an additional 37 projects with $252 million in capital investment for 2014.

In addition, GCP and its Northeast Ohio regional economic development partners, the Greater Akron Chamber, Stark Development Board, Team Lorain County, and the Youngstown/Warren Regional Chamber received top honors for excellence in economic development marketing from the Ohio Economic Development Association. The group was honored for "COLLABOR18," a strategic marketing communication booklet representing local economic development organizations in 18 counties of Northeast Ohio for advancement of business retention and expansion efforts.