Stay Informed on News and Policy

2016

CDA receives $60 million federal award to spur economic growth in Cleveland by attracting private investment

CLEVELAND –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.

GCP urges resolution of CMSD issues to support Cleveland’s children

CLEVELAND—The Greater Cleveland Partnership reiterates its support of “The Cleveland Plan,” which is improving the educational experience and outcomes in Cleveland classrooms, the Cleveland Metropolitan School District and the 15 mill property tax renewal levy on the November 8th ballot.

This support continues despite the recent Cleveland Teachers Union (CTU) vote to reject the tentative contract that was negotiated between the District and the union leadership, said GCP President and CEO Joe Roman.

“The District and CTU have worked together in the best interest of our kids in the past,” said Roman. “We know that, at this important juncture in the implementation of the Plan, they can do it again by working to find a solution in support of Cleveland’s children. This solution must maintain fidelity to the original plan we all supported in 2012.” Read more.

Collaborative efforts help Pison Stream Solutions expand into Northeast Ohio

Specialty coatings company opening research and manufacturing facility

CLEVELAND - Pison Stream Solutions, a global research & development company and leader offering special niche chemical coatings, defense, antimicrobial, additives compositions, renewable energy solutions, and communication systems designs, announced they will expand their operations by opening a new research and manufacturing facility in Brecksville, Ohio.

The new facility is expected to employ 150 people within three years, and create an annual payroll of $8.5 million.

Pison Stream Solutions considered many regions for this expansion. They chose Northeast Ohio in large part because of the proximity to their suppliers and customers, and an ideal real estate option that met all of their needs.

The support of JobsOhio, Team NEO, the Greater Cleveland Partnership (GCP) and the City of Brecksville made this deal possible.

Read more.

GCP Annual Meeting celebrates city’s successes; lays groundwork for continuing momentum

Governor Kasich praises Cleveland’s comeback


Cleveland—The city and people of Cleveland have so many reasons to be proud of its comeback over the past 30 years through results delivered by a focused and extraordinary public-private partnership.

The Greater Cleveland Partnership’s 2016 Annual Meeting today highlighted many of those reasons and how this momentum can continue to propel the city forward.

The transformation of Cleveland and the Ohio economy

In his remarks, Governor Kasich praised the efforts of Clevelanders that have led to the city’s economic rebound and changed perceptions about Cleveland by people over the U.S. This economic transformation reflects what is happening throughout the state of Ohio. Read more.

New GCP Board Chair elected

Cleveland—Rick Chiricosta, chairman, president and CEO of Medical Mutual of Ohio, has been elected as the new chairman of the Greater Cleveland Partnership Board of Directors. His election was announced today at the GCP Annual Meeting at the Hilton Cleveland Downtown. 


Results of the 2016 Board membership election also were announced. Click for details.

GCP supports income tax issue that will benefit those who live, work in Cleveland

Opposes separate initiatives that would threaten jobs in Cleveland

CLEVELAND – The Greater Cleveland Partnership (GCP) Board of Directors has voted to support efforts to improve services for those living and working in Cleveland and to create a safer and more attractive city for frequent visitors through a ballot initiative that will raise the income tax by 0.50 percent.

The tax would help to grow and develop Cleveland neighborhoods by giving the city the ability to increase services on multiple levels.

The business community also remains focused on efforts that responsibly raise skills and wages. Therefore, the GCP has endorsed a four-year renewal of the 15-mill operating levy that supports the Cleveland Metropolitan School District (CMSD) – with 1 mill set aside for partnering with high-quality charter schools.

Alternatively, the GCP is opposing two separate issues – a Cleveland-only minimum wage increase and a Cleveland-only part-time workers’ initiative - that will hinder job creation, business growth and the overall momentum the City of Cleveland is now experiencing. Read more.

More than diversity training: Confronting hidden bias in the workplace

Cleveland—Unconscious biases are part of our everyday lives. From a business perspective, these attitudes influence hiring and promotion decisions and more; yet, traditional approaches to diversity training don’t address this issue.

And that’s a problem. Research has shown that unconscious biases are detrimental to a company’s bottom line and can impede an organization’s ability to achieve its objectives.

If these attitudes start forming when we’re as young as six years old, what’s the answer to this dilemma? What can employers do?

Greater Cleveland human resources and diversity professionals will hear Diana Cruz Solash, director, EY Global Diversity & Inclusiveness, talk about what her organization is doing to interrupt bias at the Commission on Economic Inclusion’s Eighth Annual Inclusion Conference on Wednesday, August 17 from 7:30 a.m. to 4:30 p.m. at LaCentre Conference and Banquet Facility in Westlake. Read more.

Lincoln Electric Welding Technology Center in Euclid moves forward

$12 million in Federal, Ohio New Markets Tax Credits provide crucial financing

EUCLID – Financing for The Lincoln Electric Company’s (a subsidiary of Lincoln Electric Holdings, Inc.) new Welding Technology Center closed last week.

The project received an $11 million Federal New Markets Tax Credit (NMTC) allocation as well as $1 million in Ohio New Markets Tax Credits, the final piece of the incentive package needed to proceed with this state-of-the-art facility. The facility will be built at the company’s headquarters campus in Euclid, Ohio.

The 130,000 square foot center will focus on the training of welding educators and industry leaders to address the rising demand for welding education and careers in welding and advanced manufacturing. The center will have an immediate and significant impact including providing skilled workforce development opportunities for people with low incomes and residents of low income communities. Read more.

Business community focused on raising skills that responsibly raise wages

CLEVELAND—The Greater Cleveland Partnership (GCP) Board of Directors recently voted to endorse a four-year renewal of the 15-mill operating levy that supports the Cleveland Metropolitan School District (CMSD) – with 1 mill set aside for partnering with high-quality charter schools. The GCP anticipates CMSD will pursue this form of a renewal, which is not a tax increase, on the November 2016 ballot.

The GCP has been an active supporter, partner and advocate in the efforts of city leaders to improve the quality of public K-12 education within the city of Cleveland, through execution of “The Cleveland Plan.” Through the endorsement vote, the GCP and its members continue the deep engagement between the business community and the most populous school district in the region. Read more.

GCP pleased with progress on NASA Glenn budget

Cleveland—The Greater Cleveland Partnership announced today that it was pleased with Congressional action recommending strong funding for areas of the budget that impact Cleveland’s NASA Glenn Research Center.

“We applaud our delegation for their tireless efforts to protect and grow NASA Glenn Research Center,” said GCP President and CEO Joe Roman. “For several years, we have had to aggressively advocate to protect and even restore NASA Glenn’s funding in the budget process.  Read more.

GCP launches new business model, creating united economic development strategy

Result produces stronger voice for small, mid-sized and large NEO businesses

Cleveland—The Greater Cleveland Partnership (GCP) and the Council of Smaller Enterprises (COSE) are working together to build an even stronger organization focused on supporting and advancing the broad business community in Northeast Ohio.

The new structure will better connect the work of COSE and GCP’s other divisions – OHTec, the Middle Market and The Commission on Economic Inclusion.

These changes are being made as Board leadership of the GCP and its affiliates continually strive to refine and maximize the voice and reach of the Greater Cleveland business community. The GCP, with stronger-than-ever financial resources, is well positioned to support this new structure. Read more.

GCP submits list of high-impact projects for funding in state’s upcoming capital bill

CLEVELAND - The Greater Cleveland Partnership (GCP) is recommending that the Ohio Legislature include financing for 11 high-impact projects in the state’s 2016-17 capital bill.

The GCP – the largest chamber of commerce in Ohio – traditionally submits its list of capital budget priorities to the legislature. Legislators have given the GCP recommendations a high priority in the crafting of past capital bills.

The 2016-17 capital bill will be drafted later this year. The 2015-2016 capital bill included over $30 million for community projects in the greater Cleveland area. Read more.

GCP supports renewal of Cuyahoga County Health and Human Services Levy

Levy funds crucial services; is not a tax increase

CLEVELAND—The Greater Cleveland Partnership (GCP) announced today that it is urging passage of a levy renewal to support health and human services in Cuyahoga County.

The 4.8 mill levy – which is not a tax increase – is on the March 15, 2016 county-wide ballot. The levy is a crucial source of funding in Cuyahoga County for children, the elderly and families in need or in crises.

“This levy supports many critical health and human services activities that are vital to the well-being of our community including MetroHealth and services for seniors, children and families,” said GCP President and CEO Joe Roman. Read more.