News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Akron General

Wayside Furniture

Greater Akron Chamber


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Cleveland-area companies show more optimism
Northeast Ohio's mid-size companies are more confident of growth
by WKSU's KELLI FITZPATRICK

Reporter
Kelli Fitzpatrick
 
In The Region:

 Mid-size companies in the Northeast Ohio are more optimistic about boosts in revenue and employment this year than companies of the same size nationwide.

The Greater Cleveland Partnership surveyed 100 companies considered “middle market.” That means they make $10 million to $1 billion a year and employ 100 to three-thousand workers.

Nearly 30 percent of them expect revenue to grow 5 to 9 percent in the next year; nationwide, only 21 percent of similar businesses expect the same.

The partnership's Rob Recker says the confidence of the region is an important first step.

RECKER Revenue first, then jobs

Other options:
Windows Media / MP3 Download (0:09)


"Optimism in the revenue growth is going to translate into that job creation we really want to see in Northeast Ohio."

And the survey shows about a third of the businesses in the Northeast Ohio region expect to increase their number of employees by at least 5 percent.

Jack Schron is vice president of a mid-size manufacturer, Jergen’s Inc. He says the region has two core strengths.

SCHRON medical plus manufacturering
Other options:
Windows Media / MP3 Download
(0:29)

"You've got the medical and the manufacturing being the two positive cornerstones going on here, where some communities have given up their manufacturing and don't have the medical to fall back on. And they've been relying on service sectors as their core.
"And unfortunately, people thought that that service sector couldn't leave the United States; they thought that manufacturing was easier to leave. When in reality, the manufacturing is coming back and the service sectors are probably easier locate the call centers into India or China or places like that."

But  Schron says manufacturers in the region remain  concerned about controlling costs and dealing with regulations. 

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Seven minutes changed everything, but what changed Ashford Thompson?
He shot the guy four times in the head. I have never been that drunk or mad, and I have been through it. Shoot a guy once is bad, maybe a mistake, shoot a guy f...

First cricket farm in the U.S. opens in Youngstown
I am interested in cricket flour to replace soy flour in a low carbohydrate diet. As soon as you have cricket flour available for the average person, please le...

New process starts digesting sludge in Wooster
Awesome! When do our sewage rates decrease accordingly?

Akron's Chapel Hill Mall in foreclosure
Not a surprise. Between the shoplifting, gangs and violence that goes on up there it is no wonder that no one feels safe to shop at Chapel Hill. They have sca...

Ohio launches investigation into at least one Concept charter school
I worked at Noble Academy Cleveland as admin assistant and enrolment coordinator for 6 years, I know this is so valid and true and can provide staff names and p...

Crisis looms in filling aviation industry jobs in Ohio and the nation
I listened to this story yesterday morning on the radio and just want to add this comment. My son went to school to train as an air traffic controller, and gra...

Cuyahoga Valley National Park considers fire to fight invasives
I'm for the controlled burn. There are not enough people (myself included) who volunteer for the removal of invasive plant species. Therefore, another solution ...

Remembering Cleveland music impresario Hank LoConti
The picture here is not the original Agora. It is the old WHK studios where the Agora moved into.

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University