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Companies from all over the region receive grant awards.
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Summary of the 2008 Press release
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Proxy Biomedical Limited, a leading innovator in the development of next generation medical products using proprietary biomaterials technology, was granted Job Creation Tax Credits today by the State of Ohio. Pending additional grant approvals, the company will invest $1.5 million in capital, and $1.8 million in annual payroll to establish 26 highly paid jobs in Cleveland beginning January, 2009. This announcement affirms a trend of leading biomedical firms recently establishing US Headquarters in the Northeast Ohio region.
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Chambers of commerce in Cleveland, Youngstown and Pittsburgh have announced "The Tech Belt Initiative" to draw more federal and private dollars to tech-based development along a 134-mile corridor.
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November 2008
Saturday, November 01, 2008
Summary of the 2008 Press release
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Global Response Management Firm Brings 400 Jobs to Region
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Skilled Northeast Ohio workers who once made cars and other consumer products are being leveraged by Ohio’s growing bioscience industry to make pills, drugs packaging and medical devices. To ensure a strong pipeline of skilled labor to sustain the unprecedented growth of the bioscience industry, the Cleveland Plus region now hosts a brand-new workforce training center to prepare even more Ohio workers for careers in the bioscience industry.
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A company that a Kent State University professor spun off 15 years ago from his research made what he called "a great leap forward" this week, launching a unique manufacturing process for liquid crystal display products.
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Snap-On Business Solutions will break ground Monday for a $16 million worldwide headquarters in the Kinross Lakes Office Park in Richfield, midway between Cleveland and Akron. The new headquarters — across from the current facility — should open in October 2009. The company, a division of Snap-On Inc. in Kenosha, Wis., expects to employ 350 to 400 at the site.