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.

Wayside Furniture

Greater Akron Chamber

The Holden Arboretum


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

Kasich's gubernatorial ad focuses on his blue-collar roots
John Kasich is the biggest con-man in America. He will say one thing and then do the opposite. He is terribly successful at fooling the public and he is worki...

Some cab drivers in Cleveland refuse to promote Gay Games
the irony is that most americans distrust or hate muslims much more than they hate gays!! silly ignorant bigots-GO HOME!!!

New transportation companies come to Cleveland
Ride-sharing companies are breaking laws and regulations every day. From regulatory fee evasion to use of smartphone while driving (and even two smartphones(!) ...

Cleveland anti-poverty agency executive resigns amid financial probe
That committee won't be too independent. He plans to stay on until after the new appointee is chosen.

How can you wipe a criminal record clean?
Great article! NO CLINIC in May 2014, however, because it's graduation month for students For the next dates of the FREE Legal Clinic to help with Expungment,...

Drilling remains suspended while ODNR investigates NE Ohio earthquakes
Flaring and lights, so has all been halted? Also, smell of HS2 and sounds of an auger/drilling/water rushing underground. So, has all been halted? In light of t...

Will the Ohio River carry fracking wastewater?
Texas $ vs. WV citizens . Who will our governor listen to?

McKinley museum launches campaign to buy 'pawned' heirloom
Was the tiara sold or pawned? What is the name of the person who brought the tiara to the Gold

Ohio Supreme Court allows Stark County sheriff on the May ballot
Too bad they never got rid of Swanson, even after national exposure of the abuses at the jail. Maybe the abuses will stop now...

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