CDA receives $60 million federal award to spur economic growth
in Cleveland by attracting private investment
The positive momentum in Cleveland is expected to continue as the region received a $60 million federal tax incentive that will help drive new projects in the city estimated to be valued at hundreds of millions of dollars.
The award of federal New Market Tax Credits to Cleveland Development Advisors (CDA)—an affiliate of the Greater Cleveland Partnership (GCP)—is an invaluable leveraging tool in advancing the city’s revitalization.
The tax credits are used to attract private investment needed to complete catalytic projects that create positive economic impacts in low-income communities, including workforce development, quality employment and neighborhood revitalization. CDA had been awarded a total of $215 million since the program’s inception. Read more.
Business and political leaders connect
at GCP’s Public Officials Reception
The 53rd annual Public Officials Reception, presented by the Greater Cleveland Partnership, brought more than 500 of Northeast Ohio’s business and community leaders together with elected local, state and federal officials Friday night at Windows on the River.
The event kicked off with a pre-reception conversation with Ohio Senate President Larry Obhof and Ohio House of Representatives Speaker Cliff Rosenberger moderated by GCP President and CEO Joe Roman. The discussion focused on legislative priorities for the coming session.
Many thanks to our sponsors, members and their guests for making the event a tremendous success.
Above photo left to right:
Joe Roman, House Speaker Rosenberger and Senate President Obhof.
Photos from the 53rd annual Public Officials Reception:
Our guests included...
Congressman Jim Renacci (left) and Congressman Dave Joyce (right); Photo right:
State Representative Stephanie Howe and Joe Black, Sisters of Charity Foundation.
State Representative Nickie Antonio, Cuyahoga County Executive Armond Budish, Cuyahoga County Chief of Staff Sharon Sobol Johnson and Warrensville Heights Mayor Brad Sellers. Photo right:
GCP Board members Timothy Knight, president, Advance Ohio and Joseph DiRocco, president, Citizens Bank.
Laurie Day, Cleveland State University and State Senator John Eklund; photo right:
Michelle Gilchrist, Office of Ohio Attorney General Mike DeWine and County Councilman Pernel Jones.Text goes here.
Cip Beredo and GCP Board member Fred Nance, Squire Patton Boggs; photo right: Lee Hill; GCP Board member
Len Komoroski, Cleveland Cavaliers.Text goes here.
State Representative Kent Smith, Nichole Johnson and State Representative Johnathan Dever; photo right:
Carlos Jackson, Cleveland Clinic; State Representative Robert Sprague and Josh Rubin, The CJR Group.Text goes here.
Public-private collaboration brings medical device supplier’s global HQ to Northeast Ohio
The Greater Cleveland Partnership’s (GCP) Business Development Team
played a significant role in assisting Sterigenics International, a leading global provider of contract sterilization and lab services for the medical device industry, with relocating its global headquarters to Broadview Heights from suburban Chicago.
In response to inquiries in late summer from Sterigenics International CEO Michael Petras about the company’s potential interest in relocating to Northeast Ohio, the GCP and Cuyahoga County development officials began working with Team Northeast Ohio/JobsOhio and several municipalities along the I-77 corridor to understand the specific site and financial needs for assisting such a move to the area in the most effective manner.
Several viable sites for the company headquarters move were presented, but it was quickly determined that a sizable package of low cost incentives from the region would be necessary for Mr. Petras to convince the company’s Board of Directors and its equity partner ownership to approve the relocation. All parties moved quickly over the ensuing 45 days to assemble and officially approve a comprehensive package.
“The Greater Cleveland Partnership is thrilled to have been a key facilitator in this collaborative win of bringing Sterigenics International to the Northeast Ohio fold of major corporate headquarters,” said GCP President and CEO Joe Roman. “We are also excited to bring an engaged business leader like Michael Petras back to the region, which is a significant win for the civic agenda.
“We are proud to have led this effort on behalf of our public and private partners and look forward to attracting and capturing many more collective economic opportunities such as this for the region.”
Click to read more in the press release.
Business professionals needed for mock interviews with CMSD 11th graders
As part of the Greater Cleveland Partnership’s college and career readiness work with the Cleveland Metropolitan School District Academies of Cleveland schools, we are helping to identify business professionals who are interested in conducting mock interviews with a small group of 11th graders.
The interviews will be held Wednesday, January 18, 2017 from 8:30 to 10: 30 a.m. at the Jane Addams Business Careers Center.
The purpose of this activity is to help prepare the students for real life job interviews by acting as the interviewer and providing constructive feedback to the students. Please contact Angela Finding at 216.592.2385 or firstname.lastname@example.org for questions or to volunteer.
The Academies of Cleveland (AoC) is a new approach to college and career readiness for students in five Cleveland Metropolitan School District (CMSD) high schools: Garrett Morgan, Jane Addams Business Careers Center, Martin Luther King Jr., Max S. Hayes, and Washington Park Environmental Studies.
Each school focuses on career pathways from a variety of industries that drive economic growth in our community. The AoC schools work to ensure that young people are prepared to learn for a lifetime, thrive in tomorrow’s dynamic workplaces, and contribute to Cleveland’s economic and civic prosperity.
Based on the Ford Next Generation Learning framework, the AoC schools provide high quality academic and career options to the children of Cleveland that will lead to higher graduation rates and expanded opportunities for entering the world of work.
Help develop the future manufacturing workforce
The WIRE-Net youth workforce team is looking for manufacturing companies to provide internship opportunities for qualified welding, machining, and manufacturing design (CADD) students from Max S. Hayes High School.
Internships can be a winning workforce recruitment strategy by providing a short-term work experience that potentially leads to long-term employment.
While each internship is flexible based on company and student needs, most internships share these common characteristics:
Liability insurance for students participating in an internship will be covered by Cleveland Metropolitan School District.
Students have approximately 360 classroom hours in their career pathway by the time they reach their senior year and have continuously reviewed safety protocols.
Internships begin in mid-January and last through the month of April.
Interns work in the afternoon for approximately 10 hours per week.
Employers determine the rate of pay, but it must be at least minimum wage.
A company sponsor is assigned to mentor the intern while on-site.
At least one review session will occur among the student, teacher, and company mentor.
More information can be found here
If you are interested in exploring this opportunity, please email Brianna Schultz, WIREnet’s director of Youth Programs at Brianna@wire-net.org
Dredging begins on Cuyahoga River, ensuring no halt
in steel production
Dredging of the Cuyahoga River shipping channel began last Monday, following a protracted delay in the typical schedule of work by the U.S. Army Corps of Engineers (USACE). To keep the Cuyahoga deep enough for large commercial ships, the USACE is charged with dredging sediment from the riverbed each year.
A dispute among the Corps and the Port of Cleveland
and the Ohio EPA has been ongoing over how to dispose of dredged materials due to concerns about contamination.
A short-term settlement was reached recently to ensure that dredging occurred in 2016 and prevent upriver businesses that rely on shipping to avoid harm. One of those businesses, ArcelorMittal’s Cleveland steel plant, faced the threat of financial impacts as its supplies of raw materials dwindled due to the shallow state of the channel.
As part of the settlement, USACE has agreed to dredge 45,000 cubic yards of sediment from the area at the head of navigation. Another 20,000 cubic yards will be dredged from the area at the steel mill docks, paid for by ArcelorMittal. This will allow fully loaded freighters to deliver iron ore to the plant.
All dredged material is being placed in the Sediment Processing Center operated by the Port, where it will use its high efficiency process to dewater, harvest, and market suitable dredged material received this fall. The area currently dredged contains a high percentage of materials eligible for beneficial uses rather than placement in a confined disposal facility.
All dredging for 2016 is scheduled to be completed by December 21. In the spring, work will resume and another 110,000 cubic yards will be dredged and placed in the Port's CDF.
For more information on the Port, please contact Jade Davis, Port vice president of external affairs at Jade.Davis@portofcleveland.com