May 26, 200916 yr ^^I'm surprised there hasn't been more of a response to this news. Right away what comes to mind is: 1) Chinese influence on the city itself (more Chinese reporters, business, tourists, residents?) 2) Lebron, Cavs, Cleveland being promoted in China, especially in its major cities 3) Lebron almost for sure staying in Cleveland now/ Possibility of signing an Asian player or two to help market the team. 4) More $$$ investment on promotion, players, the city EDIT: maybe this should have it's own thread since this is more business than sports.... Let's not get ahead of ourselves. Just because a Chinese group has a percentage share of an American business does not mean reporters and tourists will be flocking to Cleveland. Also, I certainly would not say that Lebron is almost for sure staying in Cleveland. I think there has not been much discussion on this because people are saying let's just wait and see.
May 26, 200916 yr Let's not get ahead of ourselves. Just because a Chinese group has a percentage share of an American business does not mean reporters and tourists will be flocking to Cleveland. Also, I certainly would not say that Lebron is almost for sure staying in Cleveland. I disagree. This Chinese group will promote their product, the Cleveland Cavaliers and their global icon LBJ, to their people...the 1.3 billion people. Billboards, maybe 1 exhibition/regular season game a year, commercials should become common in the near future. I don't find it outlandish for the hugely growing popularity for basketball in China (mostly thanks to Yao Ming) to have a spin off of another 500,000 or more fans of Cleveland, even if it is mostly Lebron fans. Any addition over 100,000 has to have some sort of trickle down effect on NEO, even if it's just merchandise and the occasional fly over visits for games. If this Chinese group is going to put money into this franchise, they are going to promote it. Not to mention, the NBA will have their backs who already promotes Lebron, Kobe, Yao other there already in the bigger cities.
May 26, 200916 yr true the chinese group is only taking up the slack for david katzman, who appears to be bowing out, but they seem to have billions and can promote in the chinese market, so that's fantastic news. it would be cool if they could steer the next yao ming to the cavs. i do hope there is also some chinese pr/immigration potential in it for the city of cleveland too. relationships like this could help more of that happen (kind of like columbus w/ osu & honda in marysville for japanese immigration). we shall see.
May 26, 200916 yr Author ^There is definitely immigrant potential with the Cavs. I'm friends with a student in Urban Affairs who is from Shanghai, who chose to go to school in Cleveland so he could see Lebron play (along with studying at one of the BEST Urban Studies schools in the nation :)
May 26, 200916 yr ^^I'm surprised there hasn't been more of a response to this news. Right away what comes to mind is: 1) Chinese influence on the city itself (more Chinese reporters, business, tourists, residents?) 2) Lebron, Cavs, Cleveland being promoted in China, especially in its major cities 3) Lebron almost for sure staying in Cleveland now/ Possibility of signing an Asian player or two to help market the team. 4) More $$$ investment on promotion, players, the city EDIT: maybe this should have it's own thread since this is more business than sports.... Let's not get ahead of ourselves. Just because a Chinese group has a percentage share of an American business does not mean reporters and tourists will be flocking to Cleveland. Also, I certainly would not say that Lebron is almost for sure staying in Cleveland. I think there has not been much discussion on this because people are saying let's just wait and see. I agree with Murray Hill. In Bejing, LeBron and Kobe were the two most popular Basketball if not Olympians. Other olympians were taking pictures of LeBron and saying things like, "I'm taking a pic with king james". It wont be overnight, but this will have a positive affect on the City and it's time for Asian Village to cash in on this, along with continental airlines which has a thru flight from Cleveland.
May 26, 200916 yr If just 0.0003 of China's population moved to Cleveland, it would double the city's population! :-D "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
June 3, 200916 yr Cleveland wants federal government help to turn Northeast Ohio into bustling green economy CLEVELAND -- Public officials and foundation executives told Labor Secretary Hilda Solis and auto czar Ed Montgomery Wednesday that they needed the federal government's help in turning Northeast Ohio into a bustling green economy. "We want to ensure that Cleveland is competitive in the emerging green economy," said Cleveland Mayor Frank Jackson. "We want to be a leader in creating in jobs." http://www.cleveland.com/business/index.ssf/2009/06/cleveland_wants_federal_govern.html
June 5, 200916 yr From wkyc.com: http://www.wkyc.com/news/local/news_article.aspx?storyid=115295&catid=3 CLEVELAND -- Channel 3 News has learned that Dick Jacobs, former owner of the Cleveland Indians and prominent businessman passed away after a long illness. Jacobs is the chairman and CEO of The Richard E. Jacobs Group, a real estate development company that he co-founded with his late brother David. Jacobs was instrumental in rebuilding the Cleveland Indians and their new ballpark, which affectionately became known as the "Jake". Under his ownership Cleveland became the Cadillac of franchises in Major League Baseball winning two American League Pennants and six Central Division Championships. During his ownership the team went to two World Series in 1995 and 1997 and a record of 455 consecutive sellouts at Jacob's Field. In 2001 Jacobs sold the team to Larry Dolan and family for 320 million. The Jacobs Group is headquartered in Cleveland and has prospered in its 50 years of growth. The group remains active in development and is owner of numerous shopping centers, office buildings, hotels and mixed use developments. Funeral arrangements have not yet been announced. ............... Whatever you think of him, he (and his company) built some of downtown Cleveland's most iconic buildings: clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
June 5, 200916 yr Author No question that Cleveland benefited from Jacobs presence here. Love him or hate him, he definitely contributed to this city.
June 5, 200916 yr when my brother ran the little bar and grille in the mid 90s, Mr. Jacobs would be known to stop in after a big win and buy drinks for the house.
June 6, 200916 yr Some recent grads from CWRU: http://www.associatedcontent.com/article/1818194/college_students_turned_entrepreneurs.html?singlepage=true&cat=8 College Students Turned Entrepreneurs Grow Fresh Business Idea in Cleveland June 06, 2009 by Tricia Chaves Sustainability experts often suggest eating locally as a way to reduce your "carbon footprint"—or in other words, your impact on the environment. Cleveland's climate doesn't lend itself to year-round outdoor produce cultivation; and when in-season, selection can be inconvenient to College Students Turned Entrepreneurs Grow Fresh Business Idea in Cleveland find, and expensive to purchase. Although it wasn't their plan initially, partners Trever Clatterbuck and Bob Gavlak are connecting Cleveland consumers directly with fresh foods—all locally grown, raised or produced, through their virtual farmer's market. Fresh Fork Market began as a 2007 student project of Clatterbuck and Gavlak and two of their Case Western Reserve University classmates. Together, the team created a web interface where restaurant chefs could connect directly with the inventories of local produce and animal farmers, plus bakers, pasta-makers and more. According to Clatterbuck, this innovative concept was a ready-made business. Following the team's research phase, both the restaurants and the producers they'd contacted for feedback wanted to know more about where they could buy and sell with one another. In June, 2008 Fresh Fork Market was officially launched, serving 50 of Cleveland's finest restaurants. The program is working so well in fact, that farmers in other geographical areas want to learn the Fresh Fork formula. This year, Fresh Fork Market has expanded, allowing customers to purchase the same chef-quality local foods for their homes a la carte and through three different package options. Traditional food co-ops and community supported agriculture programs allow members to pay a set fee in exchange for a bag of grower-selected food, picked up directly from the farm. Of course, for many people in urban areas, this is impractical and inconvenient. Through the Fresh Fork CSA+ program, subscribers can choose from one of three packages: the small ($25 for $30 in food) and large ($40 for $50 in food) CSA+ packages are selected by the Fresh Fork suppliers, and the Full Access package ($50) allows the customer to choose half of the $60 weekly food allotment from the site's inventory. Members will receive an email with the current week's selections on Tuesdays, and additional orders must be placed by the end of the day on Wednesday. On Fridays, suburban CSA+ subscribers can make arrangements to get their orders from a pickup location close to their home: Hudson Library (96 Library Street, Hudson) - 10 a.m. to Noon Beachwood High School (25100 Fairmount Boulevard, Beachwood) - 1 p.m. to 3 p.m. Crocker Park near the Cheesecake Factory (Westlake) - 5 p.m. to 7 p.m. Big Creek Elementary (Middleburg Heights) - 7:30 p.m. to 9:30 p.m. Cleveland pickups and a la carte orders will be available at the Fresh Fork Market offices in Tremont at 755 Starkweather, Saturdays from 10 a.m. to 2 p.m. The CSA+ program runs now through October 23. A progressive price discount is given for prepayment (full program—paid in full, full program—paid monthly, or commit and pay on a month-by-month basis). Fresh Fork Market has a 4 week guarantee, so you can cancel if you are unsatisfied and receive a refund for your unused credits. What do you get for the money? A recent sample of the small food bag included a surprisingly huge assortment of food: 1 bunch each organic red and green lettuce 1 baguette of organic French bread 8 oz wedge of grass-fed cheese (Havarti) Half gallon of organic milk 8 oz fresh spinach 8 oz pea shoots 2 oz chocolate mint and 1 dozen free-range organic eggs Inside my food bag were helpful notes from Trevor Clatturbuck with some serving suggestions for pea shoots and quail eggs that were available on the site that week. One of the best things about Fresh Fork Market is the variety—changing seasonally with availability, produce will be fresh and different every month. For more information call 800-861-8582 or visit www.freshforkmarket.com to register for a free account, explore the site and place an order. For a delicious sampling of Fresh Fork foods, look for Trevor's cook out at the Archwood Street Fair this weekend.
June 8, 200916 yr Ohio needs more investment in big cities, urban advocates say by Tom Breckenridge/Plain Dealer Reporter Monday June 08, 2009, 5:41 PM CLEVELAND -- Ohio's economy will recover faster with more investment in its big cities, urban proponents say. That's why the state is squandering opportunity by failing to focus federal stimulus money for roads and neighborhoods in its metropolitan cores, they say. Several hundred advocates pushing for pro-urban policy reforms in Columbus and in Washington, D.C., gathered Monday at Cleveland State University's Wolstein Center. More at http://www.cleveland.com/business/index.ssf/2009/06/ohio_needs_more_investment_in.html
June 12, 200916 yr ^^ Great article. I missed it from before. http://www.cleveland.com/business/index.ssf/2009/06/cleveland_entrepreneur_offers.html Cleveland entrepreneur offers to buy OnStar from GM by Robert Schoenberger/Plain Dealer Reporter Friday June 12, 2009, 10:41 AM CLEVELAND -- A local entrepreneur with a startup technology company has offered to buy General Motors' OnStar service, a system that connects drivers to a GM call center that can offer step-by-step direction, unlock car doors or call an ambulance in the case of an accident. "We're not expecting a quick answer on this one," said Scott Minor, chief executive of startup geoDNA Llc, a company that hopes to establish mobile communications networks. "We'll see if it goes anywhere. It's pretty early in the mix of things right now." More at http://www.cleveland.com/business/index.ssf/2009/06/cleveland_entrepreneur_offers.html
June 29, 200915 yr London-based Xchanging looks at Solon area for hundreds of jobs by Tom Breckenridge/Plain Dealer Reporter Monday June 29, 2009, 9:47 AM A London-based company providing back-office services to prominent U.S. companies is eyeing the Solon area to establish its largest American facility. Xchanging Inc. could add up to 785 jobs -- averaging $20 an hour in wages and benefits -- to a 250-person work force already in the area, company and state officials said. "It's obviously a very exciting project for us and the region," said Tom Waltermire, head of Team NEO, the region's business-attraction group. "They are a top-flight company." More at http://www.cleveland.com/business/index.ssf/2009/06/londonbased_xchanging_eyeing_s.html
July 2, 200915 yr Good news -- I feel like there is a better thread to put this that I cannot find: http://blog.cleveland.com/metro/2009/07/wells_fargo_bank_ordered_to_pu.html Wells Fargo Bank ordered to put up $1 million bond to sell deeply discounted homes in Cleveland Posted by Joan Mazzolini/Plain Dealer Reporter July 01, 2009 21:30PM CLEVELAND -- Wells Fargo Bank must put up $1 million if it wants to begin selling deeply discounted homes it owns in Cleveland, a housing judge decided Wednesday. Besides posting the million-dollar bond, essentially the cost to demolish 100 homes, Wells Fargo Bank must supply a complete list of all homes it owns in Cleveland and make sure any homes that are vacant are boarded up or otherwise secured, Cleveland Housing Judge Raymond Pianka ruled. More at http://blog.cleveland.com/metro/2009/07/wells_fargo_bank_ordered_to_pu.html
July 2, 200915 yr Pianka is such a rock star, man. What a fantastic judge. Way to put up a f**king fight against these guys.
July 2, 200915 yr MH, you are a posting machine! lol, thanks....I enjoy making sure people hear the good news about our fair city. (special thanks to Google)
July 4, 200915 yr http://atlanta.bizjournals.com/atlanta/stories/2009/07/06/story9.html Friday, July 3, 2009 Gwinnett plucks another win from the Rust Belt Atlanta Business Chronicle - by Douglas Sams Staff Writer Gwinnett County has plucked another company from Ohio. Fischbein LLC, a maker of packaging and material handling equipment, is relocating one of its manufacturing divisions from Cleveland to Suwanee. The move will bring 45 jobs to Gwinnett. Fischbein will lease 73,400 square feet in 410 Horizon Drive, a 247,530-square-foot building in Horizon Business Park.
July 7, 200915 yr Texas device startup may come to Cleveland (whether it likes it or not) July 6, 2009 by Chris Seper CLEVELAND, Ohio — Greater Cleveland may add another health-care start up by default. Novomedics (no Web site, just e-mail), a nascent medical device company from Houston, is a likely lock for the region. Co-founder Brent Bell is moving to the area along with his wife, Vera Moiseenkova-Bell, who was recently named assistant professor of pharmacology at Case Western Reserve University. He’ll move here permanently in September. Novomedics’ thinks its device can provide a non-surgical approach to surgical tubal ligation. It heats the area around the Fallopian tubes and creates scar tissue to seal the passage and permanently block reproduction. Previous similar approaches used implants, Brent Bell said, but his approach does not. The device also offers potential for treating varicose veins, atrial fibrillation, pregnancies that occur outside the uterus, and for helping women with markedly abnormal Fallopian tubes to get pregnant through in vitro fertilization, Bell said The technology is licensed from the University of Texas Medical Branch. One hangup — not surprisingly — is funding. Bell is awaiting word on a Phase II Small Business Innovation Research (SBIR) grant and is trying to raise as much as $4.9 million in private capital so he can work on the company full-time and push his device toward human trials. A couple of equity firms active in the Houston area are interested in the technology, which could keep the company there, Bell said. The SBIR grant would fund long-term preclinical trials and clinical studies either at the University of Texas or in Cleveland, Bell said. The equity funding would be used to perfect the device manufacturing process, file for an investigational device exception with the U.S. Food and Drug Administration and perform a 50-patient U.S. study to seek approval in the European Union. Bell, who is currently assistant director in the Center for Biomedical Engineering at the University of Texas Medical Branch, is in town through Wednesday, connecting with the local medical industry before returning to Houston. http://www.medcitynews.com/index.php/2009/07/texas-device-startup-may-come-to-cleveland-whether-it-likes-it-or-not/
July 16, 200915 yr Does anyone have any information about the building of Germany's IBC Solar's U.S. headquarters in Cleveland? If I remember correctly, an announcement was made back in 2007 that IBC would in fact build/locate its U.S. headquarters in our fair city, but I have heard nothing since.
July 16, 200915 yr Does anyone have any information about the building of Germany's IBC Solar's U.S. headquarters in Cleveland? If I remember correctly, an announcement was made back in 2007 that IBC would in fact build/locate its U.S. headquarters in our fair city, but I have heard nothing since. I don't recall, but if you do a search here on UO, you can review the last posted information and that may be of some help.
July 16, 200915 yr That's a really good question. I haven't heard anything since then, and their website mentions nothing.
July 17, 200915 yr I looked at there site and under IBC solar in the usa it showed this BC SOLAR Inc. in the USA The subsidiary in the United States was founded in 2007. We successfully provide our installations in a growing photovoltaic market and profit from the worldwide IBC SOLAR know-how. IBC SOLAR Inc. IMG Center 1370 East 9th Street, Suite 675 44114 Cleveland, Ohio United States of America Phone: +1 (216) 583-0500 http://www.ibc-solar.de/EN/usa+M54a708de802.html Not really sure what they do there though and whether they were opening up anything else in the future here.
August 5, 200915 yr Cleveland closing in on deal to bring high-tech Strongsville company to Burke Lakefront Airport Posted by Henry J. Gomez/Plain Dealer Reporter August 05, 2009 10:49AM Cleveland is on the brink of luring a fast-growing technology company and its 225 employees from Strongsville to the old Aviation High School at Burke Lakefront Airport. More at cleveland.com: http://blog.cleveland.com/metro/2009/08/cleveland_closing_in_on_deal_t.html
August 5, 200915 yr can we be more careful about cross posting as this is currently being discussed in the Burke Thread. When i used the search function i didnt see anything come up in a Burke thread so i posted here. If it needs to be deleted then go ahead.
August 5, 200915 yr Stealing business from Strongsville is as bad as suburbs stealing companies from Cleveland. I think it sucks.
August 5, 200915 yr Stealing business from Strongsville is as bad as suburbs stealing companies from Cleveland. I think it sucks. Prove it was theft!
August 6, 200915 yr Stealing business from Strongsville is as bad as suburbs stealing companies from Cleveland. I think it sucks. Prove it was theft! Can you prove that it wasnt? or are we all just speculating on what happened?
August 6, 200915 yr I actually do know for a fact that MCPc approached city of cleveland about relocation. The city wasn't out trying to lure them.
August 6, 200915 yr can we be more careful about cross posting as this is currently being discussed in the Burke Thread. When i used the search function i didnt see anything come up in a Burke thread so i posted here. If it needs to be deleted then go ahead. Every now and then, there are going to be cross posted topics (like this). No harm, no foul. clevelandskyscrapers.com Cleveland Skyscrapers on Instagram
August 6, 200915 yr I actually do know for a fact that MCPc approached city of cleveland about relocation. The city wasn't out trying to lure them. Good to know that as if there was any evidence to the contrary this would raise a whole bunch of stink. I'm sure the PD will report it as such anyway.
August 6, 200915 yr Maybe this will advance a discussion about regional tax sharing, which I think is needed
August 7, 200915 yr http://www.cleveland.com/business/index.ssf/2009/08/arcelormittal_says_it_is_resta.html ArcelorMittal to bring back hundreds of laid off steelworkers in Cleveland by Frank Bentayou/Plain Dealer Reporter Thursday August 06, 2009, 5:25 PM CLEVELAND, Ohio -- ArcelorMittal Cleveland said Thursday it is in the process of restarting a blast furnace and other operations at its steel complex near downtown. Some laid-off workers will be back on the job next week. The return to production of the company's C-5 blast furnace, a steel shop, hot mill, pickle line, tandem mill and galvanizing line at the East Side manufacturing and annealing plant is a result of improving market demand, said ArcelorMittal spokeswoman Mary Beth Holdford. More at http://www.cleveland.com/business/index.ssf/2009/08/arcelormittal_says_it_is_resta.html
August 7, 200915 yr I was hearing murmurs from steel-related contractors in the city that ArcelorMittal wasn't going to reopen their Cleveland works. Their fears were based on AM's relocation of salaried workers to other states. I am VERY glad those fears proved unfounded. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
August 7, 200915 yr I was hearing murmurs from steel-related contractors in the city that ArcelorMittal wasn't going to reopen their Cleveland works. Their fears were based on AM's relocation of salaried workers to other states. I am VERY glad those fears proved unfounded. I kind of got that feeling as well. Also, I saw when they did the final layoffs they were using the terms "indefinately" which sort of leaves it up in the air. In the Crains article they say" After closing the operation in May, ArcelorMittal, the world's largest steel maker, is restarting what it says is the world's most productive steel mill on the banks of the Cuyahoga River near downtown Cleveland. http://www.crainscleveland.com/article/20090806/FREE/908069974 So if its indeed the worlds most productive steel mill, Id say they should be safe... :|
August 7, 200915 yr Author I've heard that quote before, being that the site is the most productive in the world. The reason (if I remember correctly): direct access to the barges on the Cuyahoga River, and international transport via the Port and Lake Erie. One of the reasons we are the "Best Location in the Nation".
August 7, 200915 yr I too have heard it, as well as similar glowing comments about other plants, right before final shutdown notices were given. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
August 12, 200915 yr Progressive Corp. sees net income last month climb 40% from July 2008 4:30 am, August 12, 2009 Progressive Corp. (NYSE: PGR) has reported a big improvement in net income for July compared with the like month last year, when the big auto insurer took a sizable loss on securities held in its portfolio. Progressive said net income last month totaled $114.9 million, or 17 cents a share, up 40% from net income of $81.8 million, or 12 cents a share, in July 2008. Progressive said net realized gains on securities in July of this year totaled $25.8 million, and compared to net realized losses on securities of $16.1 million in July 2008. More at http://crainscleveland.com/article/20090812/FREE/908119977
August 12, 200915 yr Author http://www.cleveland.com/news/index.ssf/2009/08/sustainability_summit.html Sustainability is the future of Cleveland, Mayor Frank Jackson says Posted by jmorona August 12, 2009 08:00AM CLEVELAND -- Sustainability is a word you will hear a lot about this week -- and probably for the next decade. "It's the future of Cleveland," Mayor Frank Jackson declared in an interview Tuesday about the first city-sponsored summit on the idea that the region can reinvent itself -- as some corporations have -- by emphasizing the "three P's." As in people, planet and profits, said Andrew Watterson, Jackson's sustainability director. "Sustainability is about the triple bottom line," he said in a recent interview. "It's good for employees and customers. It's good for the environment. And it's about making money." More at http://www.cleveland.com/news/index.ssf/2009/08/sustainability_summit.html
August 12, 200915 yr Author ^And the follow up to that story... http://www.cleveland.com/business/index.ssf/2009/08/white_house_adviser_praises_cl.html White House adviser praises Cleveland at sustainability summit Posted by kkroll August 12, 2009 10:23AM CLEVELAND -- Whatever develops over the next three days at Cleveland Mayor Frank Jackson's Sustainable Cleveland 2019 summit, the White House is watching closely and may help pay for some of the projects. "This is not happening in every city in America," Van Jones,the green jobs adviser at the White House Council on Environmental Quality, told a crowd of more than 700 gathered at the Cleveland Convention Center this morning for the opening session. More at http://www.cleveland.com/business/index.ssf/2009/08/white_house_adviser_praises_cl.html
August 12, 200915 yr Author I love the leadership the Mayor is showing on this front... http://www.cleveland.com/business/index.ssf/2009/08/cleveland_mayor_frank_jackson_1.html Cleveland Mayor Frank Jackson sets tone for summit by John Funk/Plain Dealer Reporter Wednesday August 12, 2009, 11:11 AM CLEVELAND -- On the first day of his sustainability summit, Mayor Frank Jackson made it clear what he believes is at stake for the city and the region. "It is not a question of if a sustainable economy will happen or even when it will happen," Jackson told the early-morning crowd of more than 700 at the Cleveland Convention Center. "The only question is who will be first. "That city will lead the way. For me, that city is Cleveland. The city will be positioned first." More at http://www.cleveland.com/business/index.ssf/2009/08/cleveland_mayor_frank_jackson_1.html
August 19, 200915 yr Man between this and the recent announcement that the Crawford Auto Museum will be selling many of its cars, (including my favorite car of all time the Mercedes Benz 300 Gullwing) I just need to stop reading the news for a while...This town needs a hero, with money... Cleveland trolley car collection is up for auction by Tom Breckenridge/Plain Dealer Reporter Tuesday August 18, 2009, 6:22 PM Trolley cars that once rolled through the streets of Cleveland and other Ohio cities are up for auction. Many are stored in a Cleveland port warehouse, north of Cleveland Browns Stadium.CLEVELAND, Ohio -- Trolley cars once envisioned as showpieces for a lakefront museum are now up for auction, raising fears the region will lose a slice of its transportation history. http://www.cleveland.com/business/index.ssf/2009/08/cleveland_trolley_car_collecti.html
August 19, 200915 yr $300,000 would be chump change for the Cleveland Foundation. Also, by purchasing hard assets, the money could be recovered later when other funds are raised for a museum/working line. This bad economy won't last forever.
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