March 28Mar 28 2 hours ago, math said: Cleveland-Cliffs to temporarily lay off 630 workers in Minnesota https://www.cleveland.com/business/2025/03/cleveland-cliffs-to-temporarily-lay-off-630-workers-in-minnesota.html The workers are in Minnesota, but this is still bad. Not to be confused with the 600 Cliffs is laying off in Michigan, once the Cleveland Works is fully back on line. https://www.crainscleveland.com/manufacturing/cleveland-cliffs-lay-600-dearborn-works-michigan Remember: It's the Year of the Snake
March 30Mar 30 On 3/28/2025 at 11:13 AM, Dougal said: Not to be confused with the 600 Cliffs is laying off in Michigan, once the Cleveland Works is fully back on line. https://www.crainscleveland.com/manufacturing/cleveland-cliffs-lay-600-dearborn-works-michigan Unfortunately, there likely will be more of this because of the b u l l s h i t tariffs.
March 31Mar 31 Feb. BLS numbers are out, and they look much healthier than January. In particular, the establishment survey numbers are now in the positive y/o/y territory again. https://www.bls.gov/regions/midwest/oh_cleveland_msa.htm This reinforces my suspicion that January numbers were not well adjusted. Also, the unemployment rate ticked up to 5 for the first time in about three years. That's still pretty healthy, but something to watch.
March 31Mar 31 Wake up babe, new headquarters just dropped 😆 https://www.crainscleveland.com/politics-policy/global-lighting-company-relocates-us-hq-solon https://northeastohioregion.com/news/illuminating-the-future-eglo-usa-inc-announces-new-u-s-headquarters-in-solon/ Tax credit boosts global lighting company's HQ move to Solon EGLO USA Inc. is expected to create 89 jobs at 30725 Solon Industrial Parkway in Solon with help from Team NEO, ODOD, and JobsOhio Edit: not only did Sherwin-Williams not go to Atlanta, but EGLO moved from Atlanta to here! 😉 Edited March 31Mar 31 by Geowizical
April 23Apr 23 March BLS numbers are out. Household survey looks good. March #s beat out March of 2019, suggesting an approximately 100% recovery from the pandemic. Establishment survey is fine, but not great. https://www.bls.gov/regions/midwest/oh_cleveland_msa.htm
April 23Apr 23 I'm disappointed that Roche's $50 billion investment plan didn't include Cleveland or Ohio. It seems medical device makers like the area but not the pharmaceutical companies. The problems of Ben Venue, Boeringer Ingelheim, and Xelia in Cleveland in trying to manufacture injectables speaks loudly, I guess. Remember: It's the Year of the Snake
April 23Apr 23 49 minutes ago, freethink said: NASA Relocation thread is closed. It starts at 35.30. I thought this was dead in the water. People are still pushing?
April 23Apr 23 45 minutes ago, Dougal said: I'm disappointed that Roche's $50 billion investment plan didn't include Cleveland or Ohio. It seems medical device makers like the area but not the pharmaceutical companies. The problems of Ben Venue, Boeringer Ingelheim, and Xelia in Cleveland in trying to manufacture injectables speaks loudly, I guess. I interviewed at BenVen during their growth boom. Even on a quick plant tour I could see some of the issues they were having. We were their employee hangout so I had some degree of confirmation as well. They tried to grow too fast.
April 24Apr 24 This timely article dropped as workforce was being discussed in another thread. Hopefully this isn't too far off topic - I think it's def related though: https://www.cleveland.com/news/2025/04/keys-to-countering-clevelands-workforce-shortage-keep-more-college-students-convert-visitors-to-residents.html Keys to countering Cleveland’s workforce shortage: Keep more college students, convert visitors to residents TL;DR In 2023, 50% of new college graduates in Northeast Ohio stayed in the region, up from 47% in 2021. In 2023, Destination Cleveland surveyed 2,500 working-age adults in nine cities, including New York, Chicago, Atlanta, San Francisco, Washington, D.C., Detroit, Cincinnati, Pittsburgh and Columbus. It found that 42% indicated a willingness to relocate to Cleveland. The alliance hopes to increase that percentage to 46% by 2030. “Cleveland is a big college town,” said Shah, with 190,000 students at 22 higher education institutions – more than any other region in the state, including Columbus. If Northeast Ohio were to retain 55% of those students after graduation, that would equate to an extra 3,000 young people per year in the workforce, according to Shah. Despite the Northeast Ohio’s relatively stagnant population, Shah noted that the region is attracting more college-educated young people, citing recent research by ADP, Renthop.com and BusinessNameGenerator.com. “Our region is starting to get recognized as a destination for young professionals,” he said. Edited April 24Apr 24 by Geowizical
April 24Apr 24 I feel like I've seen this exact same article, with the exact same ideas and signs of hope over a decade ago.
April 24Apr 24 6 hours ago, X said: I feel like I've seen this exact same article, with the exact same ideas and signs of hope over a decade ago.
April 25Apr 25 7 hours ago, X said: I feel like I've seen this exact same article, with the exact same ideas and signs of hope over a decade ago. Nothing groundbreaking here. It’s the not flashy type of stuff that is difficult, but could actually make a difference.
April 25Apr 25 Two local companies are seeing more business as a result of tariffs. First, UK-based Balmoral Tanks is opening a 16.6K sq ft manufacturing facility in Mentor to manufacture anaerobic digestion tankks. Second, Stakes Manufacturing has seen expanded orders for printed clothing. The basic garment will be made in the USA or imported, but the value-added design printing will be done in Eastlake. https://www.bizjournals.com/cleveland/news/2025/04/22/stakes-manufacturing-printed-apparel-tariffs.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=CL&j=39574222&senddate=2025-04-24&utm_term=ep5&empos=p5 https://www.bizjournals.com/cleveland/news/2025/04/24/balmoral-tanks-anaerobic-digestion-mentor-ohio.html Remember: It's the Year of the Snake
April 28Apr 28 Ummm... 12,000 people?!?https://www.cleveland.com/business/2025/04/progressive-to-hire-thousands-for-remote-hybrid-and-in-office-jobs.htmlProgressive to hire thousands for remote, hybrid and in-office jobsObviously most of these jobs will probably be remote, but PD reached out to ask how many jobs in the region that would create - they haven't heard back yet it sounds like. Maybe a future update with those numbers will come!
April 29Apr 29 21 hours ago, Geowizical said:Ummm... 12,000 people?!?https://www.cleveland.com/business/2025/04/progressive-to-hire-thousands-for-remote-hybrid-and-in-office-jobs.htmlProgressive to hire thousands for remote, hybrid and in-office jobsObviously most of these jobs will probably be remote, but PD reached out to ask how many jobs in the region that would create - they haven't heard back yet it sounds like. Maybe a future update with those numbers will come!Though they really seem to highlight other city's in the article.
May 10May 10 Uh-oh. The German company AMF-Brus, which is opening a new factory in Stow, says they are delighted to be opening “in the Cleveland area”. Akron chamber of commerce can’t be happy about that. 😉As quoted from the Cleveland.com article, which I can’t quote on this iPad. Remember: It's the Year of the Snake
May 12May 12 On 5/10/2025 at 10:01 AM, Dougal said:Uh-oh. The German company AMF-Brus, which is opening a new factory in Stow, says they are delighted to be opening “in the Cleveland area”. Akron chamber of commerce can’t be happy about that. 😉As quoted from the Cleveland.com article, which I can’t quote on this iPad.I'm often mentioning the "borderlands" suburbs that don't entirely identify with either city, but Stow's not really one of them and is definitely more of an Akron suburb.
May 12May 12 2 hours ago, E Rocc said:I'm often mentioning the "borderlands" suburbs that don't entirely identify with either city, but Stow's not really one of them and is definitely more of an Akron suburb.Yep! Currently living in the falls. Stow is definitely Akron. One can argue Hudson is “borderland” but not stow.
May 12May 12 1 hour ago, cle_guy90 said:Yep! Currently living in the falls. Stow is definitely Akron. One can argue Hudson is “borderland” but not stow.Hudson is slightly more Akron as is Boston Township/Hts. The other Nordonia burbs, Twinsburg, etc. split the difference as does Walton Hills and Hinckley. Brecksville is more Cleveland.
May 13May 13 Impressive growth by Keyfactor, a cyber security outfit in Independence.KeyfactorKeyfactor Acquires InfoSec Global and CipherInsights to L...Keyfactor Acquires InfoSec Global and CipherInsights to Lead the Market in Quantum-Safe Security Remember: It's the Year of the Snake
May 14May 14 Geico opens new corporate hub in Beachwood...will soon be home to more than 50 employees in various corporate rolesclevelandGeico opens new corporate hub in BeachwoodThe new hub will provide corporate support to Geico's nationwide operations
May 16May 16 Crain's Cleveland says a former Progressive 104K sq ft building in Mayfield Heights has sold for $33.65 a foot and is leasing at $20 a foot. I'm not familiar with rate of return on office properties, but that looks like a cash machine if they get it even half leased. Seems as if Progressive might have tried leasing it themselves; but maybe they did.]https://www.crainscleveland.com/real-estate/progressive-insurance-sells-mayfield-heights-offices Remember: It's the Year of the Snake
May 17May 17 The office market is such a bloodbath at the moment and we've still got the Moen building in North Olmsted to come.
May 22May 22 Cleveland and Cuyahoga County apparently pulled out of GCP as a result of the Browns stadium??Can anybody help piece this one together for me? Sounds like a very rash decision that benefits nobody.
May 22May 22 there's articles in the brookpark stadium thread. they're saying the chamber of commerce isn't serving the i terrestrial of the city, county, small businesses
May 24May 24 Author New numbers came out… close to 1% growth in April; Ed’s & Meds are less than 8,000 away from being a full 100,000 more employed than in manufacturing.
May 27May 27 On 5/22/2025 at 1:09 PM, Whipjacka said:there's articles in the brookpark stadium thread. they're saying the chamber of commerce isn't serving the i terrestrial of the city, county, small businessesWhat are the implications that can come from that though? Not with just the Browns stadium but in general.
May 28May 28 23 hours ago, MyPhoneDead said:What are the implications that can come from that though? Not with just the Browns stadium but in general.In my opinion, this was a great call by Bibb and Ronayne. The majority of county residents do not support the move to Brookpark and Bibb and Ronayne agree, and are showing residents they are taking a stand against the GCP.GCP is just the local Chamber of Commerce. They exist to try and further the interests of the businesses in the region. The diversity of their interests at this scale is generally in line with what is good for the region. However, the move to Brookpark would obviously cannibalize the region and shows that they feel public-private partnerships are just handouts they are entitled to. Dee Haslam is on the board and they refused to have a transparent vote on the matter. I don't think its fair to call it corruption because of the nature of the entity, but this was certainly done to help out their buddies Dee and Jimmy. The GCP went at this in complete bad faith and colluded against the local government and residents of the region.Cutting ties shows them that we aren't going to allow them act as our local oligarchy. If they want to faithfully pursue their mission, then they need to get their heads out of their collective asses and clean up their act. Otherwise, they can kick rocks.
May 28May 28 16 minutes ago, Zagapi said:In my opinion, this was a great call by Bibb and Ronayne. The majority of county residents do not support the move to Brookpark and Bibb and Ronayne agree, and are showing residents they are taking a stand against the GCP.GCP is just the local Chamber of Commerce. They exist to try and further the interests of the businesses in the region. The diversity of their interests at this scale is generally in line with what is good for the region.However, the move to Brookpark would obviously cannibalize the region and shows that they feel public-private partnerships are just handouts they are entitled to. Dee Haslam is on the board and they refused to have a transparent vote on the matter. I don't think its fair to call it corruption because of the nature of the entity, but this was certainly done to help out their buddies Dee and Jimmy. The GCP went at this in complete bad faith and colluded against the local government and residents of the region.Cutting ties shows them that we aren't going to allow them act as our local oligarchy. If they want to faithfully pursue their mission, then they need to get their heads out of their collective asses and clean up their act. Otherwise, they can kick rocks.My wife is in leadership at a large, Cleveland-based firm and has told some horror stories about GCP being blanket sycophants for anyone with large enough checkbooks or influence.
May 29May 29 Amazing to see Eagle Electronics doing so well!clevelandBig expectations for bringing overseas production home by...Eagle Electronics is churning out the first 4G modules ever made in the United StatesFCC and other necessary certifications have been received from government agencies and some cellular networks, with a signoff from Verizon expected soon, company officials said Thursday during a launch celebration attended by customers, Gov. Mike DeWine, Sen. Jon Husted, U.S. Rep. Max Miller and others.First 4G modules for cellular towers ever made in the United States.
June 2Jun 2 Not to hype it up prematurely, but potentially big economic news related to the I-X Center (see thread):
June 3Jun 3 BASF SE is putting its coatings business up for sale. Sherwin may be interested in purchasing.Sherwin-Williams reportedly weighing bid on BASF coatings bizDinesh Nair, Eyk Henning, Swetha Gopinath and Pamela Barbaglia, BloombergBASF SE has kicked off a sale of its coatings business, in a process that could value the unit at about €6 billion ($6.8 billion) and attract bids from large buyout firms, according to people familiar with the matter. https://www.crainscleveland.com/manufacturing/sherwin-williams-might-bid-basf-coatings-biz?utm-content=article4-headline&utm_source=Morning10&utm_medium=email&utm_campaign=20250603
Thursday at 05:26 PM1 day Process Technology Announces New Operations in Mayfield Village Expansion adds 66 new jobsThe Northeast Ohio RegionProcess Technology New Operations in Mayfield VillageProcess Technology, has announced plans to relocate its power supplies business to Mayfield Village, Ohio. The project is supported with a $200,000 JobsOhio Workforce Grant that will assist in trai...
9 hours ago9 hr Anyone know of this mystery Cleveland company building a 500 Billion dollar manufacturing plant in Youngstown? ( 500 billion has got to be a typo)https://www.davron.net/job/construction-project-manager-large-scale-industrial-cleveland-ohio-44103/
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