CLE Economic Development: Week in Review

You may be asking, “Who does a Week in Review in the middle of the week?” Well, this week, we do. So much has happened in the Department of Economic Development since last week. Not only did we start reaching out to people like you who want to know more about what goes on in our small but mighty department at City Hall, but we had some great national representation and a big victory all in the past week. The best part- this doesn’t even begin to scratch the surface of what our team members are working on.

For those of you who don’t know, we offer assistance to businesses expanding within or locating to the City of Cleveland including financing, workforce solutions and technical assistance.

Have questions? Looking for a site? Interested in one of our programs? Send an email with your inquiry and we will put you in touch with one of our team members.

In addition, please subscribe to this blog, follow us on Twitter and like us on facebook to learn more about how we are working to attract jobs and businesses to the City. There are lots of exciting things happening in Cleveland, and we are happy to be a part of many of them. 

ICIC Conference Recap

Thank you to ICIC for hosting a powerful and informative Summit.

As our previous post mentioned, CLE Economic Development was chosen to present two case studies at the Initiative for a Competitive Inner City (ICIC) Economic Summit in Boston, Massachusetts September 19th and 20th. Director Tracey Nichols and Executive of Small Business Development Kevin Schmotzer sat on two separate “What Works for Cities” panels discussing the Greater University Circle Wealth Building Initiative and Cleveland’s Urban Agriculture Innovation Zone, respectively. You can view Tracey and Kevin’s PowerPoint presentations on Slideshare and can watch video from the Summit here.

“Financing Growth Clusters” panel at the 2012 ICIC Summit

Director Nichols and Kevin Schmotzer both had positive things to say about their experiences at the 2012 ICIC Summit.

“One of the great things about the conference was the networking opportunities. We met people working on similar initiatives – with ideas that we might be able to use and people who can provide information, ideas and resources for what we need. We made some great new friends and hope to have some of these folks come to Cleveland, see our success stories and help us reach our next goals.” -Director Tracey Nichols

ICIC’s Inner City Economic Summit, including the panel discussion to the attendees, was important for telling Cleveland’s ongoing efforts to take vacant, abandoned land and convert it to urban agriculture while creating jobs, leveraging investment, reduction of food deserts, incorporate training to neighborhood residents and offering locally-grown healthy holistic food associated with the Urban Agriculture Innovation Zone Project. Attendees from the summit approached me after the panel discussion to congratulate the City of Cleveland and it’s partners for the exciting project. They asked questions regarding the partnerships involved with the project. Members from the CDC from Detroit that were in attendance at the conference said  they research information on what the City of Cleveland is doing with Urban Agriculture due to Cleveland is a leader in the country for Urban Agriculture.   In addition to the presentation on the Urban Agriculture Innovation Zone Project, it was great to hear other creative success stories going on with inner city neighborhoods in Cities across the country including their partnerships involved to make projects happen in their respective communities.” – Kevin Schmotzer

Manitowoc Expansion in Cleveland’s Collinwood Neighborhood

Manitowoc test kitchen in Cleveland

Exciting news for the City of Cleveland: Manitowoc Company Inc., a global manufacturer of cranes and commercial food equipment, is consolidating its North American Foodservice Operations, formerly known as Cleveland Range, into its facility in the Nottingham Village area of Cleveland. 

The City of Cleveland’s efforts will allow for Manitowoc to retain 260 full-time jobs and to increase its workforce by at least 100 full-time positions within five years.

The City of Cleveland is committed to the manufacturing.

Manitowoc is a publicly traded company with headquarters in Manitowoc, Wisconsin. and reported net sales of $3.7 billion in 2011.  Its Foodservice Division sells equipment throughout the United States and has a growing presence in emerging markets in Asia and South America.   Manitowoc’s continued commitment to Cleveland allows for increased job opportunities for Cleveland residents in a growing sector of manufacturing.   

Mayor Jackson is pleased that Manitowoc will continue to be a business anchor in northeastern Cleveland and he and his staff continue to preserve and create jobs in Cleveland.

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