The Ohio Tax Credit Authority (TCA) recently awarded job creation tax credits to four Greater Cleveland business expansion projects. The Cuyahoga County based business expansion projects include: Everstream Solutions, LLC (Cleveland), Progressive Casualty Insurance Company (Mayfield Village), Nidec Motor Corporation (Village of Brooklyn Heights) and Titanium Metals Corporation (City of Bedford Heights).
Working in collaboration with our public partners as well as Team NEO and JobsOhio – the GCP Economic Development Program team served as the local partner for all four projects. GCP will stay actively involved with the businesses going forward to insure their continued success in Greater Cleveland.
In total these four Cuyahoga County businesses will create 130 new jobs, generate $11 million in new annual payroll and invest more than $100 million in real estate and equipment. We congratulate them on their success and appreciate their continued investment in Greater Cleveland.