October 31, 20231 yr https://x.com/crainscleveland/status/1719142188284567868?s=46&t=O816mcJLPCkU24QvrDjaZw 167 jobs to the Innovation District beginning next year. Edited October 31, 20231 yr by Sapper Daddy
October 31, 20231 yr 80 additional jobs due from Cleveland Kitchen as well Cleveland Kitchen Co., fast-growing producer of fermented foods, plans to add 80 jobs Michelle Jarboe October 30th 2023 "Fermented foods producer Cleveland Kitchen Co. expects to more than double its local workforce as part of a plant expansion aided by state job-creation incentives. The homegrown company, which makes sauerkraut, pickles, kimchi and dressings, aims to add 80 workers and $3.6 million in payroll at its Midtown production facility by late 2026. The fast-growing business currently employs 58 people at a building along Carnegie Avenue. On Monday, Oct. 30, the Ohio Tax Credit Authority approved a 7-year, 1.217% payroll tax credit for the company. That incentive is worth an estimated $300,000, though the actual value will vary depending on hiring and pay rates." https://www.crainscleveland.com/manufacturing/fast-growing-cleveland-kitchen-co-plans-add-80-jobs
November 7, 20231 yr The Financial Times today has a special section called "Investing in America." It has a ranked listing of 91 locations for investment. Cleveland comes in 18th, one place ahead of Chicago. Columbus is 32nd; and Cincinnati is 47th. Cleveland fell short, if you want to call 18th falling short, in two categories: workforce and talent, for one, and openness, whatever that means. There is no doubt that the quality of Cleveland's workforce needs improvement; and, in my opinion, not enough is being done. Beyond the rankings there were a few articles about specific places. Ohio in general (with a Columbus focus) was one, praising the capital's growth and development (Intel, etc.). Another, titled "Cleveland's midsize virtues give leaders hope", was purely about Cleveland. It included the usual items: medical focus, cultural offerings, etc. It mentions specific recent international developments: the Canon healthcare subsidiary, Spain's Seinsa auto parts manufacturer, and Canada's fleet management company Isaac Instruments. Remember: It's the Year of the Snake
November 8, 20231 yr Frontier Airlines expanding in Cleveland with 'crew base,' bringing hundreds of jobs"A crew base means the Cleveland Hopkins Airport will be a center of operations for Frontier crew members, as opposed to a hub, a central airport connecting passenger routes."https://www.news5cleveland.com/news/local-news/frontier-airlines-expanding-in-cleveland-with-crew-base-bringing-hundreds-of-jobsSent from my Pixel 8 Pro using Tapatalk
November 9, 20231 yr This data just looks absolutely horrible for Cleveland, Columbus and the state: https://eig.org/interactive-income-flows/ Hopefully that's not really accurate.
November 9, 20231 yr Canon to open new subsidiary, Canon Healthcare USA, in Cleveland Dave Fornell | November 29, 2022 | Radiology Business | Business Intelligence Hisashi Tachizaki, Canon’s current senior VP and chief marketing executive, will be heading the new U.S.-based Canon Medical subsidiary company as its president and CEO. Canon announced it will launch a U.S.-based medical imaging company in January 2023 and double its research and development efforts in the United States. The Japan-based company made the announcement during RSNA 2022, the annual meeting of the Radiological Society of North America (RSNA). The new company will be known as Canon Healthcare USA. This is part of a larger corporate move to accelerate growth in Canon’s health imaging division with a renewed sales and investment focus on the U.S. market. The vendor said it plans to spend $300 million to create the new company headquartered in Cleveland, Ohio. It will start with 20 employees. It is supposed to launch in January 2023. “The pandemic has impacted everyone and it has forced us to rethink our business model,” said Toshio Takiguchi, president and CEO of Canon Medical. He also noted that the supply chain issues experienced during the COVID-19 pandemic were also a factor. “The U.S. market is more and more important for our business,” he explained. More below: https://radiologybusiness.com/topics/healthcare-management/business-intelligence/canon-open-new-subsidiary-canon-healthcare-usa#:~:text=1 in the CT market,the U.S. market by 2025.
November 9, 20231 yr An awful lot of outflows on that map and very few inflows. I realize that one outflow should not necessarily equal one inflow. It does mean that somebody's getting an awful lot of inflow, according to them. And it looks like it's the Bay Area. Is that really the case? Does that have anything to do with EIG's founders being tech-oriented? "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 9, 20231 yr I'm curious how much of those outflows are seniors. It seems like every older person I meet in Northeast Ohio aspires to move to Florida. Lee, Collier and Palm Beach counties are top draws of Cuyahoga residents, according to this map--meanwhile we're drawing more people from DC, NYC and Chicago. Maybe I'm reading the map wrong?
November 9, 20231 yr 17 minutes ago, coneflower said: I'm curious how much of those outflows are seniors. It seems like every older person I meet in Northeast Ohio aspires to move to Florida. Lee, Collier and Palm Beach counties are top draws of Cuyahoga residents, according to this map--meanwhile we're drawing more people from DC, NYC and Chicago. Maybe I'm reading the map wrong? This is data during the pandemic. Lots of people and $$ leaving the strict areas for places like Florida that weren't?
November 9, 20231 yr 12 minutes ago, E Rocc said: This is data during the pandemic. Lots of people and $$ leaving the strict areas for places like Florida that weren't? It is from the pandemic, you're right. I was just surprised at how bad it was. Ohio was 6th worst overall, according to these numbers. Cuyahoga and Franklin were each almost as bad as Bronx County, NY and Arlington County, VA in TOTAL $$ (not percentage) outflow.
November 10, 20231 yr Buried in the Ford labor contract is a Ford promise to invest $2.1 billion in the Ohio Assembly Plant in Avon Lake by 2027. I don't think all of this is new money, but some of it is. There was no reported change in employment. For the $2.1 billion, Ohio Assembly will get: • All new EV van to be added • Medium Truck will continue • Super Duty will continue • E-Series Cutaway and Stripped Chassis will continue https://uaw.org/wp-content/uploads/2023/10/HourlyHighlighter-Ford_FINAL.pdf Remember: It's the Year of the Snake
November 10, 20231 yr On 11/8/2023 at 1:14 AM, Dougal said: The Financial Times today has a special section called "Investing in America." It has a ranked listing of 91 locations for investment. Cleveland comes in 18th, one place ahead of Chicago. Columbus is 32nd; and Cincinnati is 47th. Cleveland fell short, if you want to call 18th falling short, in two categories: workforce and talent, for one, and openness, whatever that means. There is no doubt that the quality of Cleveland's workforce needs improvement; and, in my opinion, not enough is being done. Beyond the rankings there were a few articles about specific places. Ohio in general (with a Columbus focus) was one, praising the capital's growth and development (Intel, etc.). Another, titled "Cleveland's midsize virtues give leaders hope", was purely about Cleveland. It included the usual items: medical focus, cultural offerings, etc. It mentions specific recent international developments: the Canon healthcare subsidiary, Spain's Seinsa auto parts manufacturer, and Canada's fleet management company Isaac Instruments. What a strange piece (and I’ve read the FT for decades). While I like where Cleveland placed overall (and that two of the accompanying articles, as you mentioned, focused on Cleveland and Ohio overall…no other region got nearly that much attention), the methodology is just strange. Washington, DC got 0/100 for quality of life, while Lincoln NE is 100/100?! (Cleveland got 61, btw) Oh well, take the W I guess. Just goes to show how dubious these lists are, for better or worse. Edited November 10, 20231 yr by brtshrcegr
November 10, 20231 yr 17 hours ago, LlamaLawyer said: It is from the pandemic, you're right. I was just surprised at how bad it was. Ohio was 6th worst overall, according to these numbers. Cuyahoga and Franklin were each almost as bad as Bronx County, NY and Arlington County, VA in TOTAL $$ (not percentage) outflow. The study says the data is 2020 and 2021, which is peak pandemic, but it seems to me this movement is probably still happening and probably was before too. When you really zero in on it, I think it's very plausible that a lot of the out-of-state income migration is from seniors retiring. If I'm reading these tables correctly, if you remove Florida as a destination, Ohio is basically unchanged. The other thing that is interesting is how obvious suburban sprawl shows up as so many people moved from Cuyahoga County to neighboring counties.
November 10, 20231 yr Transdigm has made another $1.4 billion acquisition. Nice, but I wish one of their buys had some Ohio facilities. https://www.crainscleveland.com/manufacturing/transdigms-14b-acquisition-bolsters-aircraft-aftermarket-business Remember: It's the Year of the Snake
November 11, 20231 yr If you're counting, I think Ireland makes 16 consulates in Cleveland. Maybe that idea of putting them in the Old Arcade isn't a bad one. Remember: It's the Year of the Snake
November 17, 20231 yr Oct. BLS numbers dropped and they're pretty good. Supposedly unemployment is 3.1%, the lowest unemployment rate since the late 90s. https://www.bls.gov/regions/midwest/oh_cleveland_msa.htm Overall job growth is still a measly 1.5% yoy, but some specific sectors look really good. Eds and Meds continues its rocket-ship ride, up 6.4% yoy. Also mining, logging, and construction is supposedly up 10.1% (!!!) yoy. Not sure what happened there.
November 18, 20231 yr Greater Cleveland employment is still below the pre-pandemic peak of 1,093,400 in June 2019 although the 1,069,400 last month is a big YOY increase. Only four of 10 sectors have seen their employment exceed the pre-pandemic peaks: Education and Health Services Financial Activities Information Mining, Logging, and Construction "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 18, 20231 yr How many manufacturers are in Greater Cleveland’s top HQs now? And how many of today's HQs are in the city proper? "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 27, 20231 yr Crain's reports that Canon and the Clinic plan to establish a comprehensive imaging research center in the Innovation District. https://www.crainscleveland.com/health-care/cleveland-clinic-canon-inc-partner-comprehensive-imaging-research-center The subject of Canon Healthcare USA being established in Cleveland has been very quiet since the intention to establish it was announced by Canon a year ago. Do you suppose they just did it and didn't tell anyone? Hint: the Linked-In profile of Tsuneo Imai (see the Crain's article), changed his location from Port Washington, NY to Greater Cleveland last September. Remember: It's the Year of the Snake
November 27, 20231 yr 1 hour ago, Dougal said: Crain's reports that Canon and the Clinic plan to establish a comprehensive imaging research center in the Innovation District. https://www.crainscleveland.com/health-care/cleveland-clinic-canon-inc-partner-comprehensive-imaging-research-center The subject of Canon Healthcare USA being established in Cleveland has been very quiet since the intention to establish it was announced by Canon a year ago. Do you suppose they just did it and didn't tell anyone? Hint: the Linked-In profile of Tsuneo Imai (see the Crain's article), changed his location from Port Washington, NY to Greater Cleveland last September. Article indicates that they will go into an existing Fairfax building and share space. Is it likely that they will end up in the IBM building on East 105? Isn't it basically empty right now?
November 27, 20231 yr Your ears must've been burning @Htsguy! Canon, Cleveland Clinic form partnership By Ken Prendergast / November 27, 2023 Global imaging giant Canon Inc. and the locally based yet global Cleveland Clinic Foundation today announced their intentions to form a strategic research partnership to develop imaging and healthcare information technologies to improve patient diagnosis, care and outcomes. The announcement, initiated by Canon, publicly reveals the first tangible development in nearly a year since the company said it had created a U.S. healthcare subsidiary Canon Healthcare USA Inc. and would locate its headquarters in Greater Cleveland. MORE: https://neo-trans.blog/2023/11/27/canon-cleveland-clinic-form-partnership/ "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 27, 20231 yr Really exciting. This + the new Clinic lab space and other investments seems like the realization of what the Medical Mart was theoretically supposed to do.
November 27, 20231 yr I wonder if building something next to the IBM building long term would be possible down the road. I know they want to be along the opportunity corridor but I also wonder if they could be apart of the next phase of Circle Square with the office building component. Sent from my Pixel 8 Pro using Tapatalk
November 30, 20231 yr FYI... "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 30, 20231 yr I'm certain the Bibb administration tried, but some companies just would rather be in the burbs. Quote
November 30, 20231 yr 33 minutes ago, AsDustinFoxWouldSay said: What another huge miss by Bibb and his business administration. So you're not going to say anything about Mayfield Heights' mayor? They had and lost Park Place Tech. Cleveland never had it and competed with a dozen other cities. If I didn't know any better, you simply like to dump on Cleveland at every chance. "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
November 30, 20231 yr Author 34 minutes ago, AsDustinFoxWouldSay said: What another huge miss by Bibb and his business administration. I don't think the article makes it seem that way, but rather they were looking for incentives from Mayfield and the former Progressive site was just too good for their suburban culture to pass up.
December 1, 20231 yr They are staying in the same school district, so there’s that. It seems like a no brainer decision to me. Space they like a lot very close to where they are now. Minimal risk. On the downtown side of things, it would really help if a heavy hitter or two was able to use their gravity to pull related businesses downtown like the Clinic is around their campus. I think the network effect would help create a bit of FOMO. I know in years past, the idea of locating downtown was sort of a civic commitment but I’m not sure that is enough motivation in 2023. It needs a business case. Maybe SW can get that going with their new HQ.
December 1, 20231 yr 8 hours ago, KJP said: So you're not going to say anything about Mayfield Heights' mayor? They had and lost Park Place Tech. Cleveland never had it and competed with a dozen other cities. If I didn't know any better, you simply like to dump on Cleveland at every chance. Hardly, would like for once in my life for downtown (or Cleveland proper in general) to just grow in some sort of fashion, whether it's a net increase in jobs and employment and population. Mayfield Heights will be fine, that city atleast gets newcomers moving into its city like Eastern Europeans.
December 1, 20231 yr 5 hours ago, AsDustinFoxWouldSay said: Hardly, would like for once in my life for downtown (or Cleveland proper in general) to just grow in some sort of fashion, whether it's a net increase in jobs and employment and population. Mayfield Heights will be fine, that city atleast gets newcomers moving into its city like Eastern Europeans. University Circle, which by the way is a neighborhood in the City of Cleveland, is the fastest growing jobs center in the State and is currently the fourth largest jobs center in the state. Downtown Cleveland has been one of the fastest growing population tracts in Northeast Ohio for over twenty years. So what are talking about??
December 1, 20231 yr 8 hours ago, AsDustinFoxWouldSay said: Hardly, would like for once in my life for downtown (or Cleveland proper in general) to just grow in some sort of fashion, whether it's a net increase in jobs and employment and population. Mayfield Heights will be fine, that city atleast gets newcomers moving into its city like Eastern Europeans. Y’know, the county as a whole isn’t growing either (at least not till recently). Downtown Cleveland and University Circle are growing as fast or faster than ANYWHERE else in the county. Cleveland continues to lose population mostly as a result of black-flight from relatively bad areas of the city to suburbs. But that will slow and stop eventually. Most importantly, it’s not a zero-sum game. Actually the success of the suburbs is good for downtown and vice versa. I don’t think we have to be either so fixated on downtown or so cynical about downtown that a business moving from one suburb to another is somehow a massive black mark for Cleveland.
December 1, 20231 yr It’s like some of us missed that within the last week we learned Canon Healthcare USA, who’s current footprint is in Mayfield, will soon have their home next to Cleveland Clinic’s Main Campus.
December 7, 20231 yr Lots of fun data published today. Real gdp by metro/county for 2022. As well as census 5 year estimates. Cuyahoga outpaced all other big Ohio counties significantly. What was a 5.4 billion dollar gap with Franklin closed to 2.6 in the past year.
December 7, 20231 yr 5 minutes ago, bwheats said: Lots of fun data published today. Real gdp by metro/county for 2022. As well as census 5 year estimates. Cuyahoga outpaced all other big Ohio counties significantly. What was a 5.4 billion dollar gap with Franklin closed to 2.6 in the past year. Also, for all the accolades that Pittsburgh gets for it’s “new tech/ed and med” economy, the real gdp hasn’t recovered to 2018 levels whereas the 3 Cs far outpace 2018 levels.
December 7, 20231 yr Author Here's something probable with an increase of that much- the County's population is growing. I'd be willing to wager that both the County and the City grow in population when the 2030 numbers come in. I know that's a different topic, but economic growth and populaiton growth are tied at the hip.
December 7, 20231 yr ^ Let's hope so. We have been hearing projections of population growth for over 30 years.
December 7, 20231 yr Author 13 minutes ago, Cleveland said: Do you have a link to this data? The GDP info is here: https://www.bea.gov/data/gdp/gdp-county-metro-and-other-areas I'm still looking for the census info.
December 7, 20231 yr 1 hour ago, LibertyBlvd said: ^ Let's hope so. We have been hearing projections of population growth for over 30 years. The studies on population I've seen have mostly predicted Cleveland/region to start growing between the mid to late 2020's.
December 7, 20231 yr On 12/1/2023 at 10:04 AM, LlamaLawyer said: Most importantly, it’s not a zero-sum game. Actually the success of the suburbs is good for downtown and vice versa. I don’t think we have to be either so fixated on downtown or so cynical about downtown that a business moving from one suburb to another is somehow a massive black mark for Cleveland. Careful, that's sometimes seen as heresy here. Cleveland and Brecksville essentially swapped the VA hospital for the SW research center. In point of fact, which one of these is better to have close to transit? Yet there was no complaining about the move of the former and lots about the latter.
December 7, 20231 yr 9 minutes ago, E Rocc said: Careful, that's sometimes seen as heresy here. Cleveland and Brecksville essentially swapped the VA hospital for the SW research center. In point of fact, which one of these is better to have close to transit? Yet there was no complaining about the move of the former and lots about the latter. Don't forget about CC Mortgage relocating their HQ + 600 jobs from Brecksville to downtown Cleveland: https://www.prnewswire.com/news-releases/crosscountry-mortgage-celebrates-launch-of-46-million-headquarters-project-301310233.html
December 11, 20231 yr https://www.cleveland.com/metro/2023/12/short-term-pain-long-term-gain-cleveland-chips-away-at-social-safety-net-in-pursuit-of-revitalized-city.html I'm quite annoyed by this article. We're taking money from the county's general fund and giving it to the city's general fund, and that's somehow a win for big business and a problem for the least of these?
December 11, 20231 yr 29 minutes ago, LlamaLawyer said: https://www.cleveland.com/metro/2023/12/short-term-pain-long-term-gain-cleveland-chips-away-at-social-safety-net-in-pursuit-of-revitalized-city.html I'm quite annoyed by this article. We're taking money from the county's general fund and giving it to the city's general fund, and that's somehow a win for big business and a problem for the least of these? Yea, and even the article title of "Short term pain", seems disingenuous given the tax breaks were already 30 years and in some cases have been extended to 60 years! Not exactly short term to me.
December 13, 20231 yr Thanks for the photo @MayDay Cuyahoga County’s economy surges By Ken Prendergast / December 12, 2023 In the spirit of Oscar Wilde, one could say that a year’s worth of economic output data might be considered a curiosity. But multiple years may be considered a trend. Last year, the growth of Cuyahoga County’s gross domestic product (GDP) ranked 10th among Ohio’s 88 counties and was the best performer among Ohio’s most populous, urbanized counties. according to new data released last week by the U.S. Bureau of Economic Analysis. MORE: https://neo-trans.blog/2023/12/12/cuyahoga-countys-economy-surges/ "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
December 19, 20231 yr The Census Bureau has released poverty data for 2022. Cuyahoga total population in poverty - 201,450 (16.6%); children 0-17 - 59,651 (24.1%). The data set did not include year-to-year comparisons. What surprised me was Cuyahoga not being a lot different from Hamilton (15.6%) and Franklin (15.1%) in total percentages. Cuyahoga was, however, significantly ahead in the children's percentage. https://www.census.gov/data/datasets/2022/demo/saipe/2022-state-and-county.html Remember: It's the Year of the Snake
December 21, 20231 yr Embraer of Brazil is establishing a maintenance base at Hopkins by next summer for both local and rapid-response remote repair of their jets. No mention of how many jobs. https://www.prnewswire.com/news-releases/embraer-doubles-its-service-center-capacity-by-expanding-maintenance-and-customer-support-capabilities-in-the-usa-302020115.html Remember: It's the Year of the Snake
December 21, 20231 yr 59 minutes ago, Dougal said: Embraer of Brazil is establishing a maintenance base at Hopkins by next summer for both local and rapid-response remote repair of their jets. No mention of how many jobs. https://www.prnewswire.com/news-releases/embraer-doubles-its-service-center-capacity-by-expanding-maintenance-and-customer-support-capabilities-in-the-usa-302020115.html Hmm…Constant is based at Hopkins, and has a facility in Sanford. And is an existing Embraer authorized service center. And they are under the FlexJet umbrella now, who fly a bunch of Embraer PJs. As much as I’d love for this to be a new addition by Embraer, something tells me Kenn Ricci just got a nice windfall of Brazilian Reals. Not bad either way, surely this will drive more business to the MRO. But probably not a completely new hanger and hundreds of jobs in the nearterm.
December 21, 20231 yr 2 hours ago, brtshrcegr said: Hmm…Constant is based at Hopkins, and has a facility in Sanford. And is an existing Embraer authorized service center. And they are under the FlexJet umbrella now, who fly a bunch of Embraer PJs. As much as I’d love for this to be a new addition by Embraer, something tells me Kenn Ricci just got a nice windfall of Brazilian Reals. Not bad either way, surely this will drive more business to the MRO. But probably not a completely new hanger and hundreds of jobs in the nearterm. Plus Zanite Acquisition Co, Ricci's SPAC, tried to hook up with Eve Air Mobility, a subsidiary of Embraer; but that didn't work out. Nevertheless, there's a connection of some standing. I expect we'll hear more. Remember: It's the Year of the Snake
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