MMPI: Med Mart Identity Could Be Reimagined

20120521-NEWS--1-NAT-CCI-CL_-- 5/18/2012 4:01 PM Page 1

$2.00/MAY 21 - JUNE 3, 2012

Forest City MMPI: Med mart overdue on identity could Terminal Tower loan be reimagined Emphasis will be placed on convention center, Developer houses 500 where project’s greatest economic impact lies workers in city icon By JAY MILLER put over the building’s entrance for By STAN BULLARD [email protected] promoting what will go on inside. [email protected] “I think the convention center is Construction workers are bringing really going to be a winner,” Mr. A $38 million loan secured by into focus the look of the Cleveland Bennett said during a meeting with Terminal Tower, the Public Square Medical Mart & Convention Center Crain’s editorial board last Monday, skyscraper the Guide to Cleveland rising on the city’s Mall. Less clear, May 14. “That’s three-quarters of the Architecture calls “the landmark of though, is whether the meeting and square footage, and that’s where the the city,” is overdue. trade show complex will go by that economic impact is.” How that debt will be resolved by name by the time it’s ready to open At the same time, Mr. Bennett the building’s owner, real estate giant in 16 months. said MMPI is rethinking the status Forest City Enterprises Inc. — which Jim Bennett, a former McKinsey of the medical mart in its marketing has its headquarters and more than & Co. consultant hired last month of the complex and the med mart 500 employees in the 52-story struc- by developer MMPI Inc. to oversee name itself. The reconsideration is ture — remains to be seen. the complex, has been soliciting the based on feedback he’s receiving as The loan matured April 1 and was thoughts of community and medical he meets with various constituen- assigned April 20 to so-called “spe- industry leaders as he works on a cies interested in the project, which cial servicing” with CIII Special Ser- strategy to achieve the greatest bang is moving away from an early focus vicing of Irving, Texas, Cuyahoga for the buck from the county’s $465 on single-vendor showrooms. County land records show. Compa- million investment in the project. Picking up a brochure headed nies such as CIII work to maximize And what he’s hearing is that “medical “Cleveland Medical Mart & Conven- recoveries from distressed loans on mart” may not be the right name to See IDENTITY Page 31 behalf of debt holders. Jeff Linton, spokesman for Forest City, said the company is “working NOTICE TO READERS with the special servicer to come to an acceptable resolution on it.” He No print edition May 28 declined to outline what Forest City Crain’s will not publish a print edition on hopes to obtain in the talks with CIII. Monday, May 28, due to the Memorial Day Land records show Terminal Tower holiday. SPE LLC, the corporation Forest City Throughout our hiatus, though, be sure to uses to own the tower, received the STAN BULLARD check www.CrainsCleveland.com for the loan in 2005; the loan subsequently A special servicer has been assigned to the loan on Cleveland’s iconic Terminal latest business news and blogs. See TERMINAL Page 34 Tower. Canton officials roll out red carpet for shale industry players ‘Utica Capital’ already seeing influx of businesses INSIDE: A new database is aimed at providing easier access to the region’s By DAN SHINGLER Even those leading the charge can’t shale gas supply chain. Page 3 Chesapeake [email protected] keep up. Although they can list quite began drilling at a few newly arrived businesses, officials say. its first horizontal Cleveland can have its Rock and officials at the city and the Canton But no one is complaining, because rig in Stark Roll Hall of Fame and Museum. Regional Chamber of Commerce the businesses still are coming, and County in early Canton aims to be the capital of a don’t know exactly how many shale there is plenty of prospecting left to May and should whole different kind of rock — the gas-related companies already have do among other companies looking complete its well energy-rich Utica shale — and the set up shop in and around Canton. for a place to land atop the Utica by early to mid- city south of Akron that for decades Businesses sometimes pop up before shale. June, company has been economically off key sud- city and chamber representatives “From an economic development officials say. denly is pickin’ and grinnin’. even know they’re looking for space, See CANTON Page 30 STEPHEN HERRON

74470 83781 by Crain Communications Inc. W1-W15 Vol. 33, No. 21 0 20120521-NEWS--2-NAT-CCI-CL_-- 5/18/2012 12:45 PM Page 1

2 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012 CRAIN’S ON THE WEB WHERE THE WOMEN ARE In 2011, women accounted for 47% of all employed people age 16 and over in Crain’s releases new the United States, according to datafrom the U.S. Bureau of Labor Statistics, but there were huge variations in the share of women in specific occupations. Bioscience Directory For instance, nearly 96% of speech pathologists are women, while women 700 W. St. Clair Ave., Suite 310, ■ Crain’s, with the help of BioOhio, has created a make up only 4.3% of aircraft pilots and flight engineers. Here are data for Cleveland, OH 44113-1230 directory to help raise the profile of companies that women as a percent of the total employed last year in selected occupations: Phone: (216) 522-1383 are on the cutting edge of technology and leading the Fax: (216) 694-4264 state’s economic transformation. The directory is a Occupation Percent women www.crainscleveland.com resource for individuals and companies that are Speech pathologists 95.6% Publisher/editorial director: looking to do business with bioscience companies. Brian D. Tucker ([email protected]) To purchase the directory, visit www.Crains Elementary/middle school teachers 81.7 Editor: Cleveland.com/section/bioscience. Mark Dodosh ([email protected]) Social workers 81.6 Managing editor: Scott Suttell ([email protected]) REGULAR FEATURES Meeting/convention/event planners 76.2 Sections editor: Amy Ann Stoessel ([email protected]) Tailors/dressmakers/sewers 74.9 Assistant editor: Best of the Blogs ...... 35 List: Investment Joel Hammond ([email protected]) Classified ...... 34 advisers ...... 32 Psychologists 71.2 Sports Senior reporter: Editorial ...... 10 List: Financial Hotel/motel/resort desk clerks 64.4 Stan Bullard ([email protected]) Going Places ...... 12 planners ...... 32-33 Real estate and construction Accountants/auditors 61.3 Reporters: Letter...... 11 Tax Liens ...... 14 Jay Miller ([email protected]) Government Chuck Soder ([email protected]) Technology Dan Shingler ([email protected]) Energy, steel and automotive Tim Magaw ([email protected]) Health care and education Michelle Park ([email protected]) Finance Ginger Christ ([email protected]) Manufacturing, marketing and retailing Research editor: Deborah W. Hillyer ([email protected]) Cartoonist/illustrator: Rich Williams Marketing director: Lori Grim ([email protected]) Marketing/Events manager: Christian Hendricks ([email protected]) Marketing/Events coordinator: Jessica Snyder ([email protected]) Advertising sales manager: Nicole Mastrangelo ([email protected]) Senior account executive: Adam Mandell ([email protected]) Account executives: Dawn Donegan ([email protected]) Andy Hollander ([email protected]) Lindsey Nordloh ([email protected]) Office coordinator: Toni Coleman ([email protected]) Digital strategy and development manager: Stephen Herron ([email protected]) Web/Print production director: Craig L. Mackey ([email protected]) Production assistant/video editor: Steven Bennett ([email protected]) Graphic designer: You expect an expert Lauren M. Rafferty ([email protected]) Billing: Susan Jaranowski, 313-446-6024 in Cash Management, ([email protected]) Credit: Todd Masura, 313-446-6097 Risk Management and, ([email protected]) Audience development manager: of course, Relationship Erin Miller ([email protected]) Crain Communications Inc. Management. Keith E. Crain: Chairman Rance Crain: President That’s Key. We have experts in every aspect of financial Merrilee Crain: Secretary Mary Kay Crain: Treasurer services. Starting with the relationship. We are KeyBank. William A. Morrow: Our Relationship Managers help you access a team of Executive vice president/operations senior level specialists to assist you with any financial need. Brian D. Tucker: Vice president Robert C. Adams: Group vice president We are also KeyBanc Capital Markets Inc., a full service technology, circulation, manufacturing corporate and investment bank. So when your financial Paul Dalpiaz: Chief Information Officer needs become more sophisticated, like maximizing liquidity Dave Kamis: or managing risk, we have the expertise to help you succeed. Vice president/production & manufacturing G.D. Crain Jr. We’re not just the expert you deserve. We’re what you expect. Founder (1885-1973) Mrs. G.D. Crain Jr. Chairman (1911-1996)

Subscriptions: In Ohio: 1 year - $64, 2 year - $110. ;VSLHYUTVYL]PZP[RL`JVT^OH[`V\L_WLJ[ Outside Ohio: 1 year - $110, 2 year - $195. Single copy, $2.00. Allow 4 weeks for change of address. For subscription information and delivery concerns send correspondence to Audience Development Department, Crain’s Cleveland Business, 1155 Gratiot Avenue, Detroit, Michigan, 48207-2912, or email to custom- KeyBanc Capital Markets Inc., Member NYSE/FINRA/SIPC and KeyBank National Association (KeyBank N.A.) are separate but afﬁliated companies. [email protected], or call 877-812-1588 (in the U.S. and Canada) or (313) 446-0450 (all other Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives. locations), or fax 313-446-6777. Securities products and services: Not FDIC Insured • No Bank Guarantee • May Lose Value Reprints: Call 1-800-290-5460 Ext. 125 Audit Bureau Banking products and services are offered by KeyBank N.A. Member FDIC and Equal Housing Lender. of Circulation

MAY 21 - JUNE 3, 2012 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 3 Team NEO leading the way under JobsOhio

INSIDE: Northeast Ohio added about which plans to spend $12.5 million to his political future, and Team Nonprofit helped persuade 26 companies to 9,000 jobs during the first three to build a plant in Youngstown that NEO and Northeast Ohio will play expand locally in Q1; likes state’s new system months of 2012. More are coming, will make equipment used to an oversized role in JobsOhio’s Team NEO reports. Page 5 process natural gas and oil. The success. plant is expected to employ 103 At its quarterly board meeting By JAY MILLER nomic development organization, 22 companies that are expanding workers who will make an average May 1, JobsOhio released its first- [email protected] reports that in the first quarter of operations in the region. The rest, of $47,600 a year. Team NEO, quarter results, showing 70 projects 2012 it helped spur 26 companies to about $21 million, will come from JobsOhio and the Youngstown/ creating 5,526 jobs and $2 billion in Northeast Ohio is starting to commit to creating 2,270 jobs in four companies bringing operations Warren Chamber of Commerce capital investment committed report results from Gov. John the region. Those companies have to Northeast Ohio. This tally only helped Exterran sift through sites statewide. Kasich’s private-sector approach to a collective annual payroll in the counts companies that sought state before finding a property the city of As the first quarterly Team NEO economic development, and the region estimated at $558 million. financial aid through the JobsOhio Youngstown gifted to the company. report shows, this region, with 18 of region is making the governor look The companies will be making network. Creating JobsOhio was a key the state’s 88 counties, is providing good. capital investments of $291 million, The biggest of the new invest- plank in then-candidate John roughly 40% of the business growth Team NEO, the regional partner Team NEO says. Most of that investments Team NEO is reporting came Kasich’s 2010 campaign for governor. JobsOhio is reporting statewide, to JobsOhio, Gov. Kasich’s new eco- ment, $270 million, will come from from Exterran Energy Solutions, How well it performs is likely a key See JOBS Page 5

THE WEEK INSIGHT IN QUOTES “The city of Canton Academic has not had an opportunity of this magni- builds hub tude for 60 years, and if we don’t take for shale advantage of it, it will be a huge mistake.” suppliers — Canton Mayor William J. Healy II. Page One Website helps firms “I think the conven- find niches in industry By DAN SHINGLER tion center is really [email protected] going to be a winner.” Northeast Ohio manufacturers — Jim Bennett, who is overseeing the Cleveland Medical and other companies statewide Mart & Convention Center for keep hearing that the shale gas boom is going to increase their MMPI Inc. Page One JANET CENTURY Rozi’s Wine House owner Gary Rossen, right, and store manager Bill Barak partake in some draft beer, which they now sell. sales — if they can just get into the energy industry’s supply chain. Scott Miller wants to hook them “If they’re chasing the up. money, it’s less “Companies are now landing TAPS? YEAH, WE GOT ’EM in the state and saying ‘Who are the attractive to us.” suppliers? Who can we buy from?’” — Tom Sudow, director of business said Mr. Miller, director of energy development, Global Cardiovas- Local retailers start selling draft beer for sampling and environmental programs at cular Innovation Center. Page 7 the Voinovich School for Leader- and home consumption; customers drink it up ship and Public Affairs at Ohio University. By MICHELLE PARK sell draft beer. To help them, Mr. Miller is “At night if you come [email protected] organizing a database at Ohio to Gordon Square, “We made the right decision by ShaleEnergy.com. He and others there are people ong a question reserved putting draft beer in the stores, hope the website will connect for sure,” said Ed Thompkins, Ohio manufacturers and various walking up and down for bars and breweries, service providers with oil and gas customers now can ask Heinen’s corporate wine and drillers, processors, pipeline the sidewalks.We beer buyer. companies and other businesses a growing number of looking to grow in Ohio as they want to see that ... The offering has become Llocal retailers: What’s on tap? chase the gas, oil and other valu- during the daytime as Single-shop retailers and grocery so popular, Mr. Thompkins said, able liquids held in the state’s that draft beer now reigns as Utica shale region. well.” chains alike are installing draft If the database works as planned, — Jeff Ramsey, executive systems so they can pour beer for the No. 1 selling beer item, by far, Ohio businesses will be able to director, Detroit Shoreway at all 14 stores where it’s avail- use the website to list information Community Development customers to sample and take about themselves, including their Organization. Page 8 home. able. products and services and ways Heinen’s tested a program it Ross Deli and North Coast they can be contacted by poten- Wine & Beer, both Lakewood tial customers. Then, drillers and “People with criminal calls Brewer’s Table for a year in other companies in need of prod- six stores and has expanded it in retailers, recently installed tap ucts and services could use the records are often systems, too. directory as a catalog of potential the past couple months to eight vendors from which they could model employees. … more. Now, a majority of the And Pittsburgh-based Giant choose. Mr. Miller has gotten the word A lot of doors are shut supermarket chain’s 17 stores See BEER Page 14 out about the database by holding to them, so when a conference on shale gas and by someone gives them WET YOUR WHISTLE working with the media, especially in parts of the state where drilling an opportunity, they Ever wanted to try a beer at the Here are a few retailers who will ■ Buehler’s Fresh Foods, Brunswick, is expected to occur. So far, he’s grocery store or take home a sample? pour you a drink: Medina (Forest Meadows Drive store) gotten more than 400 businesses make the most of it.” You’re in luck. Several retailers in ■ Heinen’s, 14 stores ■ West Point Market, Akron to provide information to the — From a Personal View by Brad Northeast Ohio are starting to let ■ North Coast Wine & Beer, Lakewood ■ Royal Park Fine Wines, North website. But Mr. Miller said he Friedlander, president and CEO, customers try beers on tap and take ■ Ross Deli, Lakewood Royalton, Strongsville See SUPPLY Page 30 Red Restaurant Group. Page 10 some home. ■ Rozi’s Wine House, Lakewood — Michelle Park 20120521-NEWS--4-NAT-CCI-CL_-- 5/18/2012 2:26 PM Page 1

4 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012 Known names behind tech startup

notes that the business is based out NetGenics founder, former Rosetta exec joins of his Westlake home. Mr. Glynias most recently was a forces with past colleagues on GenomOncology partner at Rosetta Marketing Group LLC, a New Jersey-based interactive By CHUCK SODER Inc. founder Manuel Gly- marketing firm that has an office in [email protected] nias, the business likely will downtown Cleveland. However, he’s revolve around genetic best known for founding NetGenics, A few familiar names from data related to cancer. which developed software designed Northeast Ohio’s business The new company, to help drug developers sort genetic community — including incorporated earlier this data. the founder of a biomedical year, has raised $1.25 mil- NetGenics filed for an initial company that nearly went lion from five investors public offering in 2000 and had 91 public more than a decade Glynias since April 30 and aims employees at the time. The IPO was ago — are coming together to raise another $750,000, tabled shortly thereafter, however. to start a new company called according to a document filed In a 2007 interview with Crain’s, GenomOncology LLC. May 9 with the U.S. Securities and Mr. Glynias said the company had Few details are available, but Exchange Commission. expanded too quickly to support judging by the name of the company The SEC document lists Mr. itself, which drove him to sell it to and the involvement of NetGenics Glynias as the company’s CEO and Lion Biosciences AG in 2002. The German biopharmaceutical company left Cleveland the following year. Mr. Glynias isn’t starting Genom- Oncology alone. The filing lists technology executive Brad Wertz and investor Lee Zapis as directors of the company. They’ve worked together in the past. Mr. Wertz about 10 years ago founded technology services firm Could your global Xteric Technology Group Inc. of Independence. A few years later he worked on a project with Mr. Glynias, who at the time was running banking needs Lucidyx LLC, a gene research software company that he founded after selling NetGenics. After Xteric was bought by Brulant Inc. of Beachwood use some in 2006, Mr. Glynias joined Brulant as a principal. That company merged with Rosetta in 2008. Mr. Wertz no longer is with Rosetta, local advice? Mr. Zapis confirmed via email. As for Mr. Zapis, he’s the founder of Zapis Capital Group LLC in Westlake, which invested in Lucidyx. Mr. Glynias licensed that company’s software to a San Diego company about six years ago. Mr. Zapis said he would not provide more details because GenomOncology still is working to raise money. ■

GET DAILY NEWS ALERTS FROM CRAIN’S!

Register for free e-mail alerts and receive: Experience worldwide capabilities ■ The Morning Roundup: Business news from Ohio’s papers with hometown sensibilities. ■ Breaking news alerts: When major news happens, you’ll know From advisory, trade, and payment services to working capital and foreign exchange, ■ Daily headlines: A collection of Crain’s-produced news and FirstMerit combines all the international banking products and services you’d expect blog items from the day from a larger institution, with the personalized service of a trusted neighborhood bank. ■ Small Business Report: A guide to small business news SIGN UP NOW AT: CrainsCleveland.com/register ■ Crain’s on Twitter: @CrainsCleveland ■ Crain’s on Facebook: Facebook.com/CrainsCleveland

Volume 33, Number 21 Crain’s Cleveland Busi- ness (ISSN 0197-2375) is published weekly, except for combined issues on the third week of May and fourth week of May, the fourth week of June and first TO LEARN MORE, CONTACT: week of July, the third week of December and fourth Chris Pilkington at 800-237-6384. PERSONAL BUSINESS COMMERCIAL WEALTH week of December at 700 West St. Clair Ave., Suite 310, Cleveland, OH 44113-1230. Copyright © 2012 by Crain Communications Inc. Periodicals postage paid at Cleveland, Ohio, and at additional mailing of- Follow the latest market trends Member FDIC fices. Price per copy: $2.00. POSTMASTER: Send @ﬁrstmerit_mkt address changes to Crain’s Cleveland Business, 294 _FM12 Circulation Department, 1155 Gratiot Avenue, Detroit, Michigan 48207-2912. 1-877-824-9373.

REPRINT INFORMATION: 800-290-5460 Ext. 136 20120521-NEWS--5-NAT-CCI-CL_-- 5/18/2012 4:04 PM Page 1

MAY 21 - JUNE 3, 2012 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 5 Jobs: System lets groups make decisions faster Cleveland continued from PAGE 3 the new system, which Bethany baby travel based on the number of projects and Dentler, executive director of the new jobs. Report: Hiring is up and still rising Medina County Economic Develop- Until JobsOhio came along, Team ment Corp., said offers a streamlined biz wins cash NEO focused only on attracting busi- Besides its new regional economic Those numbers compare with a process to aid companies. A Cleveland startup called Babies nesses to the region, leaving local development report, Team NEO U.S. unemployment rate of 8.6% for “In a way, it’s empowered the Travel Too now has $25,000 to spend chambers of commerce and public also released its regular quarterly the first quarter and with the regional local team much more than they had after receiving the top prize at Bad development corporations to help regional economic indicators report rate of 9.7% in the first quarter of been before,” Ms. Dentler said. “I Girl Ventures’ graduation ceremony existing businesses in their areas last week. 2011. think that’s a positive development.” last week. expand. Regional employment continues New this quarter, Team NEO ‘The Ohio way’ Babies Travel Too’s president, Because JobsOhio is operating to grow — by 9,000 jobs over the reported on the burgeoning horizontal Alison Musser, is one of 10 students with a small central staff, it is relying first three months of 2012 — as it oil and gas drilling, or “fracking,” in Bradford R. Ehrhart, president of who completed eight weeks of entre- on its six regional partners around has for seven straight quarters, the state and the region. It said 56 the Portage Development Board, preneurship classes through Bad Girl the state — Team NEO among them according to Team NEO, which uses new horizontal wells were permitted, said the system appears to be working Ventures, a Cincinnati-based micro- — to bring it deals that need public data from the Ohio Labor Market drilled or producing in the 18 coun- well in his county. A longtime lending organization focused on financial aid. To manage this Information service. The region has ties of Northeast Ohio in the first economic development official in financing startups owned by women. new system, JobsOhio and Mark slightly more than 2 million people quarter of 2012. Of those, four are western Pennsylvania who came to The students could win one of three Kvamme, its president and interim working, according to the data. completed or producing oil or gas his job in Ohio last September, Mr. low-interest loans of $5,000 each or chief investment officer, have created From that growth, it’s not and 52 are expected to be producing Bradford said Ohio’s new system the grand prize, a low-interest loan a statewide reporting system that surprising that unemployment is in the near future. compares favorably to what he’d of $25,000. closely links JobsOhio’s headquar- dropping. For the 18 counties of Team NEO also reported propri- worked under in Pennsylvania. ters in Columbus with the regional Northeast Ohio that Team NEO etary data from Economy.com that “I’ve found (JobsOhio and Team ON THE WEB Story from offices. covers, the average unemployment is projecting a 2.1% growth in 2012 NEO) to be very professional and www.CrainsCleveland.com. rate for the first three months of in the region’s economic output — responsive,” Mr. Ehrhart said. “The Going high tech 2012 was 8.3%, according to the the gross regional product in econo- way Ohio approaches things (is) Launched in 2011, Babies Travel The new system, based on state figures Team NEO uses for its mists’ vernacular. That’s a rebound different from the way Pennsylvania Too rents out baby equipment. It customer management software report. to the level of 2008. approaches things, but the Ohio way will use the award to add inventory, Salesforce, allows the regional offices However, the aggregate number Jacob Duritsky, a director of is pretty good.” Ms. Musser said. She launched the to share information easily. It also masks unemployment rates that business attraction at Team NEO, Of course, Portage County did well company to address the difficulty helps the headquarters office to vary widely from county to county said the economic growth estimate in the first quarter. of traveling with little ones. Parents analyze and approve more quickly and from month to month. In March, may be low because it doesn’t Team NEO included three of Mr. traveling to the Cleveland/Sandusky incentive proposals and allows all for example, unemployment in account fully for the rapid boom in Ehrhart’s deals in its first-quarter area can order gear, such as cribs the offices to track better the results Medina County was 6.3% while oil and gas development in the report. Three manufacturers — the and strollers, online and have the of their efforts to grow businesses in unemployment that month in Huron region. Parflex division of Parker Hannifin delivered to their destinations before the state and its regions. County was 12%. — Jay Miller Corp. in Ravenna, Schneller LLC in they arrive. The regional staffs put together Kent and Viking Forge Corp. in “Boosting our inventory will allow online deal packages that are avail- Streetsboro — committed to $22.9 us to partner with a select number of able immediately to decision makers “We’ve never been able to do this tion.” million in investments for expansion area hotels, enabling them the ability in Columbus, giving companies that before,” said Tom Waltermire, Team It appears front-line economic projects in the first quarter. The to offer enhanced services for their are deciding among several site NEO’s CEO. “This is a revolutionary development officials at the county projects are projected to retain or guests,” she said. options a quick response from Ohio. step upward in regional collabora- and local level are learning to like create 707 jobs. ■ — Michelle Park 20120521-NEWS--6-NAT-CCI-CL_-- 5/18/2012 8:22 AM Page 1

Why search across 50 states when you’re trying to hire in one?

Ohio and Monster have teamed up to help big and small businesses match up with the best talent across the state. Ohio Means Jobs uses advanced tools and filters to narrow down your employee search to a manageable number of resumes, saving you time and effort. If you’re looking to hire in Ohio, look no further.

Faster Filters. Better Results. 20120521-NEWS--7-NAT-CCI-CL_-- 5/17/2012 3:59 PM Page 1

MAY 21 - JUNE 3, 2012 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 7 Startups with ties to other areas may not grow in Ohio

has yet to exercise a provision that prevent JumpStart companies that their main U.S. offices in Ohio. Af- Despite incentives, some firms supported by would allow it to take back money it have a significant number of ter all, the fund in 2007 received $2 already has given to a company. employees in out-of-state offices million from the Ohio Capital Fund, area groups haven’t yet expanded locally Such issues are overshadowed by from steering all their growth to which requires that half the money the innovation center’s successes, those locations, she said. be invested in the state. By CHUCK SODER Ohio. The startup also must have a Mr. Low said, noting that the orga- Among those companies is The first company that pledged [email protected] “compelling business reason” to nization has attracted 15 companies CoverMyMeds LLC, which employs to open its U.S. headquarters in be in Northeast Ohio, and it must to move to Ohio or hire employees eight at its Twinsburg headquarters Ohio backed out of the plan about a Four years ago, early stage invest- describe the local office as its head- in the state. and 18 in Columbus. year ago, but soon thereafter another The developer of pharmaceutical company, breast tumor treatment ment nonprofit JumpStart Inc. quarters. Following the money invested $380,000 in Freedom Medi- Other local organizations have billing software received a $546,000 developer IceCure Medical Ltd., tech Inc. in an effort to get the young their own policies. The Global Mr. Low expects those companies state tax credit to expand its set up shop in Cleveland. Bridge San Diego company to grow in Ohio. Cardiovascular Innovation Center to keep their Ohio offices and expand Columbus office in September 2010. Investment Fund has invested more That growth hasn’t occurred here, in Cleveland, which among other them, even after their loans are The company’s early focus was to than $1 million in IceCure, so the though, and it’s unclear if it will, programs provides forgivable loans forgiven. That’s partly because the expand its development staff in fund appears to have met the even if the company succeeds. to lure medical startups to Ohio, innovation center awards money Columbus, but now the company’s Ohio Capital Fund’s requirements. The investment illustrates a chal- won’t give companies any money only to companies that appear to sales and administrative functions Reached by email on Thursday, May lenge faced by local organizations until they employ at least one person have a good reason to be in Ohio, in Twinsburg should do more growing, 10, Mr. Goldberg confirmed the that use financial incentives to get in the state. Companies get the said Tom Sudow, its director of said co-founder Sam Rajan. investment numbers but did not startups with offices in other cities money as they hit milestones, and business development. Maybe they “With sales come clients, and answer a question regarding to establish a significant presence in the Cleveland Clinic-led innovation already work with local researchers clients, you have to support them,” whether Bridge Fund has met state Northeast Ohio. center, which aims to create local or have a strategic partnership with he said. requirements. a local company. The region benefits even when In a few cases, startups have jobs by fostering medical innovation, The benefits of exposure received money intended to get them plans to forgive loans for recipients “If they’re chasing the money, it’s one of the Israeli companies doesn’t to move to the region or to expand that meet employment expectations less attractive to us,” Mr. Sudow said. Michael Goldberg knows what move to Northeast Ohio, Mr. a local office but have yet to do so. for five years. JumpStart follows a similar it’s like to try to lure startups to Goldberg said. The work that Bridge In other instances, startups have The Lorain County Community philosophy. That’s why, of all the Ohio without the ability to make Fund and other Northeast Ohio opened legitimate local offices, but College Foundation’s Innovation investors that have pumped money them move. groups have done to recruit them many of their employees remain in Fund likewise waits until a startup into JumpStart’s 63 portfolio com- Cleveland-based Bridge Invest- has done wonders for the area’s other cities, which raises questions has moved before releasing grant panies, none have suggested that a ment Fund LP, which he manages, reputation among high-tech com- about where future growth will money. Both organizations have company leave Northeast Ohio, has invested in four medical startups panies in that country. occur. had at least one situation where even if it has a key office in another in Israel. The fund’s primary goal is “That’s where you start to really In the case of Freedom Meditech they approved an award for a startup region, Ms. Fryberger said. to make money, but it also aims to see the fruits of this,” Mr. Goldberg — which drove JumpStart to change but didn’t give out money because That same philosophy also should get the Israeli companies to locate said. ■ its investment policies — the startup the company never moved. had begun to do some research and But even when startups do estab- development work in Cleveland and lish offices here, complications can told JumpStart it planned to expand arise. its small local office. Those plans changed a few years Unclear future later. During the depths of the For instance, in 2008, the Global Crain’s partners with a variety of organizations recession, the startup ran into Cardiovascular Innovation Center on events and special subscription offers for trouble raising more investment awarded a $250,000 grant to Clear their members. dollars in Ohio, said Samantha Fry- Catheter Systems Inc. of Bend, Ore. berger, vice president of marketing The Cleveland Clinic spinoff didn’t at JumpStart. However, Freedom grow as fast as expected, and its UPCOMING PARTNERSHIP EVENTS Meditech subsequently was able to local presence remains small. raise $4 million from sources outside Last January, however, the Project Management for Learning Ohio; it’s now pursuing regulatory company raised $4 million from approval to start selling its first West Coast investors. After the Professionals Certificate product, which scans a patient’s eye announcement, Clear Catheter CEO This program presents concrete steps to improve your to look for signs of chronic disease. Ed Boyle would not say whether the project management skills. The local groups that provide company would expand in Ohio, incentives to attract startups to the but he noted that the company’s region have policies designed to “greatest concentration of commer- June 26-27, 2012+\DWW3ODFH-HIIHUVRQ'ULYH,QGHSHQGHQFH2+ ensure they fund companies that will cial activity” is in the state. build a presence in Northeast Ohio. Even so, Clear Catheter still has KWWSWLQ\XUOFRPDVWGFOHYH When JumpStart invested in potential to grow in Ohio, where it Freedom Meditech, the nonprofit’s has at least one full-time employee location policy was based on broad and one contractor, said Mark Low, requirements from the state, Jump- managing director of the Global Start’s biggest source of money. Cardiovascular Innovation Center, JumpStart rewrote the policy two which was financed partly by a $63 years later. Now it specifies that the million state grant. startup’s leader must spend at least The innovation center monitors half of his or her time in Northeast the progress of companies that Ohio or plan to relocate to the receive awards, but it tries to be HELP STOP BRAIN DRAIN region. If the leader doesn’t intend to flexible when it appears a company move, the company must show that still has potential to grow in Ohio Give your graduates the tools they need to succeed in the Cleveland job market. more than half its employees are and is making a good-faith effort to do based (or will be based) in Northeast so, Mr. Low said. The organization Give a gift subscription at the low rate of $57 LCCC awards grants to 6 tech firms

The Lorain County ON THE WEB Story from to urine flow and Community College www.CrainsCleveland.com. body tempera- Innovation Fund ture. awarded grants totaling $375,000 Three others received $25,000 and receive a leather to six Northeast Ohio technology awards. They are Elyria’s IGW Finance startups. Alternative, which offers a web-based padfolio, FREE of charge Three companies received process that allows retailers to $100,000 awards. They are Tesla retain potentially lost credit sales NanoCoatings of Massillon, which through a different financing option; provides corrosion control coatings; QURA Scientific, a Parma Heights In2une, a Shaker Heights company company developing a product TO SUBSCRIBE that created a social marketing meant to allow for quicker testing of platform to maximize concert ticket the amount of protein or other small call: 877-824-9373 sales; and Future Path Medical, a molecules in a biological sample; Concord company that created a and Paragon Robotics, a company or visit: CrainsCleveland.com/Grad device that provides health care in Hiram that designs and builds providers with real-time data related energy management products. 20120521-NEWS--8-NAT-CCI-CL_-- 5/18/2012 2:54 PM Page 1

8 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012 Detroit Shoreway luring retailers With sincere appreciation and through June 29, and winners will be they are prepared to go from paying profound sadness we celebrate the Neighborhood leaders selected and notified by July 13. nothing in rent to $750 per month First place wins a year of free rent — the rate for a typical storefront in life and mourn the passing of one of offering free rent for with a maximum value of $10,000, the district, Mr. Ramsey said. the founders of our law firm. second place wins six months of Those businesses that do win are top business plans free space with a maximum value of expected to open by Sept. 14, a date $5,000, and third place wins three chosen to give them time to establish By MICHELLE PARK months of free rent with a maximum themselves by the holiday shopping [email protected] value of $2,500. There are maximum season. Each winner will be required amounts because double storefronts to sign leases that extend beyond It isn’t a free ride, but it is free rent cost more than single storefronts. the free rent period. — at least for awhile. Bars, restaurants and night life “We want these businesses to Three startups soon may move into establishments are not eligible, be open for years,” Mr. Fedor said. Cleveland’s Gordon Square Arts namely because the group wants to “We don’t want to be back here in a District, but won’t need to pay rent for grow the district’s cluster of fashion year trying to fill vacancies.” three months, six months or a full year, and home interior businesses, said The Gordon Square competition depending on how they place in an Nick Fedor, economic development isn’t motivated by some bleak va- ongoing business plan competition. director for the Detroit Shoreway cancy rate: The community devel- Leaders of the Detroit Shoreway group. Personal service businesses opment organization, which owns Community Development Organiza- such as spas and salons also are much of the district’s real estate, tion hope this bait will attract more encouraged to apply. said its storefront vacancy rate is RONALD I. WEISS retailers to the district, which already around 5%. However, Mr. Ramsey Skin in the game February 27, 1940 – May 5, 2012 is home to the Capitol Theatre, noted, the group would like to see Cleveland Public Theatre and restau- So far, about 10 business plans some commercial offices relocate to rants such as Luxe and Happy Dog. have been submitted, Mr. Fedor said. interior spaces and then fill vacated Ron infused the practice with “When people go shopping, they If all of them could win, a spa, barber storefronts with retailers. intellectual rigor, impassioned are looking to stop at more than one or shop, home furnishings store and Mr. Ramsey said the Detroit two stores,” said Jeff Ramsey, execu- jewelry and accessories store would Shoreway group’s efforts are similar advocacy, fierce loyalty and warm tive director for the Detroit Shoreway be among those setting up shop. to an initiative in the city’s Ohio City group. “They want a selection of But they can’t all win: A committee neighborhood. Armed with a $75,000 humor. To be his colleague, client stores to visit. We’re trying to expand of five will choose three based on grant from the Charter One Foun- or friend was a privilege and a joy. the mix of businesses here. their business plans. dation, Ohio City Inc. has assisted “At night if you come to Gordon “There’s a high rate of failure in businesses with rental payments, Square, there are people walking up startups,” Mr. Ramsey conceded. build-out costs and more. MILLER GOLER FAEGES LLP and down the sidewalks,” Mr. Ramsey “We’re hoping to mitigate that by The Charter One Foundation is said. “We want to see that same sort requiring businesses that have well considering giving a similar grant to 1301 East 9th Street, Suite 2700 of traffic, that lively district, happening thought out, well researched busi- assist the winners of Detroit Shore- during the daytime as well. There is ness plans and that are putting their way’s business plan competition, Cleveland, Ohio daytime business here; we just want own skin in the game.” Charter One spokeswoman Carrie to amplify it.” To that end, winners will be required Carpenter said. That decision is Applications will be accepted to pay into an escrow account so expected May 25. ■ 20120521-NEWS--9-NAT-CCI-CL_-- 5/17/2012 3:32 PM Page 1

TECHNOLOGY DESIGNED TO HELP YOU SPEED PAST THE COMPETITION. Keep your business moving forward with a 4G LTE device powered by America’s Fastest 4G Network. Because the small business with the best technology rules.

NEW! Lucid™ by LG Powerful yet easy-to-use Android™ smartphone $7999 $129.99 2-yr. price – $50 mail-in rebate debit card. New 2-yr. activation and data pak required.

NEW! Samsung Galaxy Tab™ 7.7 NEW! VERIZON JETPACK™ Sleek, 12-ounce 4G LTE Android™ tablet Global capability to connect up to 5 Wi-Fi–enabled devices $ 99 $ 99 449 49 No rebate required. Requires new 2-yr. activation $99.99 2-yr. price – $50 mail-in rebate debit card. Requires on a 4G Mobile Broadband plan. new 2-yr. activation on a 4G Mobile Broadband plan.

BE MORE PRODUCTIVE WITH POWERFUL BUSINESS APPS.

QuickOffice Pro MightyMeeting Create, edit, access and share all your Microsoft Office Manage all your PowerPoint presentations and documents, spreadsheets and presentations on-the-go. join web meetings straight from your smartphone.

Box Lookout Mobile Security Store, share, view and upload important files from any device. Stop malware, spyware and data loss. Easily backup Easily sync your desktop files directly to Box. and restore critical data plus recover lost phones with Find My Phone.

Visit any Verizon Wireless store today to 1.800.VZW.4BIZ(4249) talk about our Small Business solutions. verizonwireless.com/smallbusiness

Activation/upgrade fee/line: Up to $35. IMPORTANT CONSUMER INFORMATION: Subject to Cust. Agmt, Calling Plan, rebate form & credit approval. Up to $175 ($350 for advanced devices) early termination fee/line & add’l charges apply to device capabilities. Offers & coverage, varying by svc, not available everywhere; see vzw.com. Limited-time offer. Restocking fee may apply. Rebate debit card takes up to 6 weeks & expires in 12 months. While supplies last. LTE is a trademark of ETSI. MiFi is a trademark of Novatel Wireless, Inc. DROID is a trademark of Lucasfilm Ltd. and its related companies. Used under license. 4G LTE is available in more than 200 cities in the U.S. © 2012 Verizon Wireless. E9113 20120521-NEWS--10-NAT-CCI-CL_-- 5/17/2012 4:12 PM Page 1

10 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012

PUBLISHER/EDITORIAL DIRECTOR: Brian D.Tucker ([email protected]) EDITOR: Mark Dodosh ([email protected]) MANAGING EDITOR: Scott Suttell ([email protected]) OPINION Don’t fiddle eaders of the Ohio House are fiddling while the state’s public employee pension funds burn through their assets. They should be embracing pension fund reforms that last LWednesday won overwhelming bipartisan support in the state Senate, rather than continuing to delay action on changes needed to keep the funds solvent. It isn’t as though threats to the ability of the five pension funds to meet their obligations to current and future retirees sneaked up on anyone. Consider the case of the State Teachers Retirement System of FROM THE PUBLISHER Ohio. Even before the stock market downturn that heralded the arrival of the Great Recession, the STRS pension fund had fallen well behind in keeping up Horseshoe is first-class, as promised with its obligations to its public educator members. State law sets at 30 the maximum number of years p front, I have to say that I’m interior elements, while grand chandeliers never die down, at least until they can it should take a public employee pension fund to not a gambler. I’ve been to Las echoed the feelings of all who remember get their second facility built. cover its unfunded accrued pension liability. The Vegas a couple times for golf special destination-shopping trips with **** outings, and didn’t gamble a their parents to post-war downtown. IN THE WAKE OF Vice President Joe STRS fund already had exceeded that limit by 11 Ucent (which might owe more to the During the planning and construction Biden’s trip last week to the Mahoning years in 2008, prior to the market’s slump. desert heat in summer as much as any- of this casino, Mr. Gilbert said all the Valley, I’m hoping against hope that SRTS repeatedly has told its members the decline thing). right things about wanting it to be things work out better for M-7 Technolo- that occurred in global investment markets, coupled So I was more curious than anything connected to downtown, rather than be gies than they did for Cardinal Fastener. with the protracted economic recovery, significantly else when I attended last Mon- a space that swallows up its You may recall that Cardinal Fastener accelerated the need for design and contribution day’s coming-out party for Dan BRIAN patrons as so many casinos do. received national publicity as the setting changes to the fund. Otherwise, as it reminded Gilbert’s Horseshoe Casino on TUCKER The proof of that pudding, as for a visit by President Obama while members this month in a pension reform update, Public Square. Some observa- they say, will remain in the tasting, trumpeting his efforts to promote alter- “STRS Ohio will eventually be unable to pay benefits.” tions: but for now it appears Rock native energy sources. Sadly for Cardinal, Irrespective of where you stand Caesars wants to be part of the appetite for the wind turbines for To the credit of the State Teachers Retirement on the plus-minus argument for downtown rather than merely which the company was supplying parts Board, which oversees STRS, it diligently has a casino in downtown, one thing be situated there. dropped quickly, and took the once-solid worked over the last couple years to come up with a is abundantly clear. This place So, you’ll want to take your local company into a financial bind with it. pension reform plan that will ensure STRS can was built to last, and is a first- out-of-town visitors there, just M-7 is a promising, high-tech manu- continue to pay pensions to future generations of class operation by any measure, like you show them the West facturer, and along with software maker teachers. The boards of the other four public from the lower-level food court Side Market, Rock and Roll Hall Turning Technologies is one of the employee pension funds — the Ohio Public to the upper floors of gambling to the of Fame, PlayhouseSquare, University darlings of the “new” Youngstown. The Employees Retirement System, School Employees high-rollers’ lounge. Circle and so many other of our world- veep’s message of “you build an economy Retirement System, Ohio Police and Fire Pension And true to the pre-opening publicity, class attractions. That is, assuming you by building things” was music to the ears Fund and the Highway Patrol Retirement System — the designers of the casino indeed can get in, once the lines die down. of workers and others at the rally. did protect and value the architectural Of course, it would be good for Mr. Here’s hoping that there’s no Obama- have put together similar reform proposals to elements of the once-grand Higbee Co. Gilbert, his partners, Mayor Jackson and Biden version of the Sports Illustrated strengthen the long-term condition of their plans. department store space. Wood was everyone else with a vested interest in cover jinx. We need all the exciting com- However, these proposals can’t be implemented preserved and used as subtle, understated downtown Cleveland that the lines panies like M-7 we can create. ■ without action by the Legislature. And it has failed to move any of these plans forward — until now. Two weeks ago, Senate President Tom Niehaus, PERSONAL VIEW a Republican, and his Democratic counterpart, Senate Minority Leader Eric Kearney, jointly introduced reform bills designed to stabilize four of the Give criminals another employment shot public employee pension funds. They not only rec- ognize the state’s obligation to protect the retire- By BRAD FRIEDLANDER Mr. Friedlander is president and CEO of whether and how their criminal history ment benefits of 1.7 million Ohioans, but they also Red Restaurant Group. is job-related. A lot of times, records can know companies are refusing to expand or relocate have worked in restaurants for 30 be for relatively minor things like pot in states burdened by massive pension debt. Last years and now own five of them, Don’t people with records pose some smoking or something that happened week, their Senate colleagues passed the four bills. with more than 340 employees in kind of risk? decades ago. Yet despite the support of the pension boards and Cleveland, Miami and Boca Raton, On the contrary: In my experience, I suspect a lot of my employer col- IFla. In this business, the greatest blessing people with criminal records are often leagues are not even aware of the federal public employee unions for these measures, the Re- an owner can have is a loyal and hard- model employees. They are frequently government’s stance here, but they should publican leadership of the Ohio House seems in no working staff. Where high turnover and the most dedicated and conscientious. A be. At a time when computerized back- hurry to take them up. Speaker William Batchelder fleeting allegiances can stall a business lot of doors are shut to them, so when ground checks are becoming the norm, says he wants to wait until a study commissioned by from growing, a stable crew from the front someone gives them an opportunity, we forget that behind the résumés are the Ohio Retirement Study Council is completed to the back of the house is gold. Cus- they make the most of it. real people looking for jobs. They are sometime this summer, which may be too late to act tomers can feel it and they come back. Giving folks a second chance is eager to help. And as the EEOC pointed on any reforms in the Legislature’s current term. I credit a lot of my success to smart also the right thing to do. The U.S. Equal out, turning away people with records The House shouldn’t wait for the political cover of hiring choices, and those choices may Employment Opportunity Commission often amounts to discrimination, often the study to enact changes that should have been not be what you think. Many of my just released an updated guidance, which against workers of color. made by now. The problems are obvious. So are the employees have some kind of conviction passed with bipartisan support, on how Naturally, if I’m hiring a new waiter, or arrest in their past, and a career of to consider applicants with arrest or dishwasher or delivery person, I have solutions. Delaying reform costs the funds millions giving second chances to people has conviction records. In short, they said a responsibility to preserve a safe work of dollars a day in total. Stop fiddling and fix them. paid off remarkably. you can’t flat-out refuse applicants with environment and welcoming space for This is counterintuitive for some. records, but instead have to consider See VIEW Page 11 20120521-NEWS--11-NAT-CCI-CL_-- 5/18/2012 2:55 PM Page 1

MAY 21 - JUNE 3, 2012 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 11

THE BIG ISSUE The Cleveland Indians’ attendance is the worst in the league. Although they’ve been playing pretty well, what would it take to get more fans in the seats?

RON FREY TRENACE CHAMBERS JOHN LYSZCZARZ THOMAS VOZAR Olmsted Falls Cleveland Cleveland Heights North Royalton I think they have to keep Right now the reason why I think having family days You’ve got to have some winning — that’s No. 1, they’re low is it’s not and giveaways are a great charismatic players who and to keep winning at the summertime. Kids are way to do it. I have five can capture the public’s important times and not still in school and every- kids and three of them are imagination. I think that’s just the beginning of the one’s still working. Once already into baseball. really what it’s going to season but all the way summer starts, attendance They’d love to have a foam take. through the summer and always picks back up. bat or a big finger. into the playoffs. ➤➤ Watch more of these responses by visiting the Multimedia section at www.CrainsCleveland.com. View: Second chances limit recidivism continued from PAGE 10 to prove themselves and move up in records. They are not a reason to customers. But I also want to pick the company. shut the door on a quarter of the from the best applicant pool possible. There’s a broader benefit here, working population. The candidate has to be the right fit. too. There are so many people with The truth is the most dedicated, When I consider a person’s convictions in the U.S. — one in conscientious employee just may be conviction history, I also look at four U.S. adults — that it would be a person with a criminal record. work history — how long someone bad for our communities to keep Taking the time to get our hiring stays at a job gives me a lot of infor- them out of work and severely limit decisions right saves us time and mation about what type of employee the applicant pool for many jobs. money in the long run. Thankfully they’ll be. I consider the circum- Giving qualified candidates a second the EEOC guidance explains what stances of someone’s conviction chance curbs the cycle of recidivism employers need to ensure a fair hiring and how they’re working to turn their and promotes safe neighborhoods process for applicants. And hopefully life around. and communities. Responsible hiring more employers will now know that Because of this policy, we get to policies really can go a long way. not only do applicants with records hire people who would potentially Yes, I’ve had problems with have rights, they can also be good for not otherwise apply for a restaurant employees, but the problems with business. ■ job, people who are grateful to have the workers with criminal records a job and do more than other workers are no different than those without LETTER It’s a Republican thing

■ Before declaring “a pox on both Senate has used the filibuster nearly their houses,” in his May 14 com- 400 times in the last couple of years, mentary, “Yet another defeat for and which party has purged itself of political reason,” Brian Tucker almost all of the moderates in its ranks? would have done well to consider the Fair commentary on a subject observations of Thomas Mann and like this needs to be based on facts Norman Ornstein, in their new book and should not be constrained by “It’s Worse than it Looks.” concern about being accused of These two experienced, nonpar- partisanship. Messrs. Mann and tisan scholars who probably know Ornstein are not afraid to call a spade, Washington better than anyone and others should not be, either. conclude that the overwhelming Saying that everyone is to blame obstacles to compromise, coopera- means that no one is to blame. Con- tion and action are the Republicans. gress is broken, and it can’t be fixed Other analysts have demonstrated unless the illness is accurately iden- that the so-called “liberal left” has tified and addressed. not moved appreciably, while the entire Republican Party has moved Gene Kramer far to the right. Which party in the Lakewood

SALT • SALT • SALT • Water Softener • Industrial • Ice Melt • Food Call For Pricing!! Minimum Delivery: 1Pallet

1-800-547-1538 Salt Distributors Since 1966 20120521-NEWS--12-NAT-CCI-CL_-- 5/17/2012 1:14 PM Page 1

12 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012

The Sky Quest Travel Experience: GOING PLACES ◆ Relaxing travel with no waiting in lines, no carrier delays JOB CHANGES Elsoffer to senior vice president, AIR CHARTER SERVICE ◆ investments. AIRCRAFT MANAGEMENT A flight that departs on YOUR schedule ◆ ARCHITECTURE A private aircraft with a crew you know and trust HEALTH CARE ◆ Substantial savings over jet card programs TDA ARCHITECTURE: Kelli R. Breedlove to accounting manager. CLEVELAND CLINIC CHILDREN’S ◆ One-way flights available with NO repositioning fee HOSPITAL: Giovanni Piedimonte, Breedlove Cooke Campbell SAFETY ◆ SERVICE ◆ CONVENIENCE CONSTRUCTION M.D., to chairman, Pediatric Institute, RUHLIN CO.: Jenny Cooke to and Physician-in-Chief. accounts payable clerk; Bob Campbell to site safety specialist; LEGAL Bob Raymond to turbine/generator CALFEE, HALTER & GRISWOLD project manager; Don Rife to director LLP: Donald P. Fischbach to of business development. partner and chair, Energy and Natural Northern Ohio’s Premier Air Charter Company Resources practice. EDUCATION SCHNEIDER, SMELTZ, RANNEY & Raymond Rife Harkness BALDWIN-WALLACE COLLEGE: LAFOND: Scott J. Robinson to 216-362-9904 www.FlySkyQuest.com [email protected] Charles Harkness to director, associate. Campus Diversity Affairs. MANUFACTURING FINANCE CIMA PLASTICS GROUP: Stuart CHARTER ONE: Rebecca Green to Young to product engineer. public affairs specialist. EATON CORP.: Barbara O’Dell to FIFTH THIRD BANK, NORTH- senior vice president of quality. EASTERN OHIO: Chris Clegg to TIMKEN CO.: Michael A. Discenza to Clegg Cooper Misso commercial middle market team controller, mobile industries business. CONGRATULATIONS! manager; Alex Cooper and Rob Misso to commercial middle market NONPROFIT relationship managers. GREAT LAKES SCIENCE CENTER: :,//,$01:(67 GEAUGA SAVINGS BANK: Chad Jamie Finley Simoneau to chief Fields to senior commercial loan 1$,23/LIHWLPH$FKLHYHPHQW operating officer. officer. LAKEWOODALIVE: Ken Brand to LORAIN NATIONAL BANK: 20·6&25325$7(6(59,&(67($0 marketing and events coordinator. Jonathan M. Isaacs to vice Pal Fischbach Gray 1$,237UDYHOLQJ*XQ2I¿FH7UDQVDFWLRQRIWKH

TECHNOLOGY Send information for Going Places to car-related pain: PARAGON CONSULTING INC.: Bill [email protected].

IN LOVING

MEMORY

RTA’s Ready to Ride Program makes it easier than ever for OF Medical Mutual employees to avoid trafﬁc and save money by riding RTA to work. It features: ROSE STRAUSS

Two Free Work Personal Trip OUNDER F Week Passes Transit Planner F O Assistant LEADER ELECTRIC SUPPLY CO. It’s the perfect prescription to decrease commuting co-pay and bumper-to-bumper blood pressure. RA STRAUSS ELECTRIC SUPPLY CO. So who’s next? Ask your employer about RTA’s Ready to Ride Program today. ROSE MANAGEMENT Get Ready To Ride. 1929-2012

E ILL HINK F ER VERYDAY FOR MORE INFORMATION, contact Jim Frick, RTA Sales Director, at 216.781.4764 or [email protected]. W W T O H E 20120521-NEWS--13-NAT-CCI-CL_-- 5/17/2012 1:10 PM Page 1

for those who make, sell,build,support, create, service, supply, repair, give, design, deliver, produce and contribute to our economy, we say thank you.

Giving small businesses the credit they deserve. Local businesses help support the vitality of our communities. That’s why we’re here for you today, tomorrow and especially during our May Small Business Month. To learn more, stop by a branch, call 855-PNC-CFO5 or visit pnc.com/cfo

PNC Bank is a registered mark of The PNC Financial Services Group, Inc. (“PNC”). Banking products and services offered by PNC Bank, National Association, a wholly owned subsidiary of PNC and Member FDIC. © 2012 The PNC Financial Services Group, Inc. All rights reserved. 20120521-NEWS--14-NAT-CCI-CL_-- 5/17/2012 3:46 PM Page 1

14 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012

Date filed: April 10 TAX LIENS Type: Employer’s withholding, failure to file complete return Beer: Law opened taps The Internal Revenue Service filed tax Grindall Concrete Grinding Inc. Amount: $14,252 liens against the following businesses P.O. Box 41322, Brecksville continued from PAGE 3 said. “When you have complemen- in the Cuyahoga County Recorder’s Medical Search Consultants ID: 74-3040787 Eagle is piloting beer growler tary items like beer, it helps that Office. The IRS files a tax lien to Unlimited Inc. Date filed: April 10 service at two supermarkets in its mission.” protect the interests of the federal 815 Superior Ave. E. Suite 701, Type: Employer’s withholding headquarters city, though it has no The grocer’s draft selections vary government. The lien is a public Cleveland Amount: $37,938 confirmed plans to offer draft beer from store to store, so its Brewer’s notice to creditors that the government ID: 34-1945966 in Ohio, said Dan Donovan, assistant Table web page is updated weekly has a claim against a company’s Date filed: April 10 American Interior Design Inc. marketing manager. to reflect what’s on tap. At some property. Liens reported here are Type: Employer’s withholding, 19561 Miles Road, Cleveland The growth in popularity of point, four handles per store may $5,000 and higher. Dates listed are unemployment, corporate income ID: 34-1459527 microbrewed beer is driving these not be enough, Mr. Thompkins said. the dates the documents were filed in Amount: $12,377 Date filed: April 17 investments, said Gary Rossen, the Recorder’s Office. Type: Employer’s withholding, Some pour, some don’t Brian A. Cole & Associates Ltd. owner of Rozi’s Wine House in unemployment Lakewood, which has offered beer Mandhir Rai, owner of North LIENS FILED Amount: $28,684 2035 Crocker Road, Westlake ID: 34-1941618 and wine tastings for years but Coast Wine & Beer, is confident that Protem Homecare LLC Circle of Learning Date filed: April 6 launched its growler sales last pouring beer into growlers will 3530 Warrensville Center Road, Childcare Center Inc. Type: Employer’s withholding August. (Growlers are containers in differentiate his shop. Suite 200, Shaker Heights 3767 Community College Ave., Amount: $11,375 which draft beer often is sold; none “I always look for something ID: 20-3836346 Cleveland of these retailers’ systems is self- unique and something different in Date filed: April 10 ID: 20-0535940 H T V Industries Inc. serve. Employees operate them.) my store,” he said. Type: Failure to file complete return Date filed: April 17 Zook Enterprises “A lot of beers that are real trendy Despite his competitors’ moves, Amount: $53,639 Type: Employer’s annual federal tax 30195 Chagrin Blvd. Suite 310, don’t come in six-packs or 22- Marc Zkiab, co-owner of Simone’s return Pepper Pike ounce bottles; they only come in Beverage in Lakewood, doesn’t Horizon Electric Co. Amount: $18,989 ID: 34-1355054 kegs,” Mr. Rossen said. “So what have plans to install a draft system. 15100 Arden Ave., Lakewood Date filed: April 10 happens is people can’t get their “What we try and do is concen- ID: 34-1942993 Beulah Baptist Church Type: Employer’s withholding favorite microbrewed beer.” trate on what we’re doing right Date filed: April 10 14918 Cardinal Ave., Cleveland Amount: $10,240 Rozi’s has enjoyed an excellent instead of getting involved with Type: Employer’s withholding ID: 34-1214994 customer response to its growler something that we’re not so sure Initiative for Academic Amount: $44,777 Date filed: April 3 service, Mr. Rossen said. there’s a demand for,” he said. Achievement Inc. Type: Employer’s withholding “A lot of people are coming back “Nobody ever really asks about Grindall Concrete Grinding Inc. P.O. Box 20246, Cleveland Amount: $17,905 over and over,” Mr. Rossen said. it,” Mr. Zkiab added. “We’ve had P.O. Box 41322, Brecksville ID: 34-1973056 “They’re looking at Facebook and customers say that they’ve gotten ID: 74-3040787 Process Power Inc. Date filed: April 3 Twitter to see what we have on tap growlers at places where the Date filed: April 10 6133 Rockside Road, Suite 304, Type: Return of organization exempt that day.” carbonation wasn’t correct. There Type: Employer’s withholding Independence from income tax are a lot of variables of a draft Amount: $43,477 ID: 34-1004759 Amount: $9,841 Legal barrier comes down system. You have to really know Some retailers only recently have what you’re doing. We just don’t been granted permission to sell want to get involved in that.” beer in growlers: House Bill 243, He’ll drink to that which passed late last year and went into effect March 22, allows those The legislative change and the INTRODUCING who possess a certain taste-sampling growler sales it spurs should help permit to dispense beer into glass smaller breweries, some of which growlers that do not exceed one do not sell bottles at all, said Matt gallon for customers to consume Mullins, spokesman for the Ohio off-premises. Division of Liquor Control. Rozi’s and Heinen’s, both of “Customers are looking for locally which have been selling growlers produced, unique products,” Mr. since before the change, possess Mullins said. “This is a good way to different permits. let people know what those are and Selling beer on tap is not a small try them.” investment. While Heinen’s Mr. Asked what he thinks about Thompkins declined to divulge the retailers selling draft beer, Garin exact cost, he said each of the draft Wright, brewmaster and co-owner &RQWHQW+XEŘ%XVLQHVV3DUWQHU systems Heinen’s uses runs into of Buckeye Brewing in Cleveland, thousands of dollars. replied: “Why would it be bad?” Like other retailers, Mr. Thompkins Buckeye Brewing produces plenty expects the investment to pay of product that it doesn’t bottle and off. Similar to its wine program, sells growlers itself. Already, it is Heinen’s uses Brewer’s Table to selling kegs to some of the aforemen- advise customers on what types of tioned retailers, Mr. Wright said. beer complement different foods. “The more the merrier,” he said. “My job, really, is to help Heinen’s “All it does is give us another oppor- sell more food,” Mr. Thompkins tunity to sell another draft keg.” ■

Unity :HLQYLWH\RXWRBLLUEDFRQWHQWKXESDFNHGZLWKEXVLQHVVLQVSLUDWLRQDQG Focused content to HGXFDWLRQDOUHVRXUFHVWRKHOS\RXVXFFHHGBLLUUEGHYHORSVRULJLQDOFRQWHQW help you succeed: DURXQG VXEMHFWV WKDW ZLOO GLUHFWO\ LPSDFW \RXU JURZWK 7RSLFV OLNH OHDG (u ni t ) JHQHUDWLRQ VWDUWXS IXQGLQJ OHDGHUVKLS WUDLQLQJ DQG VRFLDO PHGLD LPSOH UÊ >ÀiÌ} n. 1. The state of being one 2. The state of being united or combined PHQWDWLRQDUHMXVWDIHZZHőOOH[SORUHRQ\RXUEHKDOI UÊ-V>Ê i`> into one, as of the parts of a whole; uniﬁcation. (e.g., Unity among Enterprise Community Investment’s Multifamily Mortgage Business and

3OXVBBLLUUEJRHVEH\RQGFRQWHQW7KURXJKSRZHUIXORQOLQHWRROVBLUUEZLOO UÊ Li Bellwether Real Estate Capital will yield superior multifamily and commercial KHOS\RXFRQQHFWLQUHDOWLPHWROLNHPLQGHGSURIHVVLRQDOVDQGVKDUHLGHDV UÊ À>`Ê µÕÌÞ financing solutions.) DPRQJRXUFRPPXQLW\RIH[SHUWV UÊi>`ÊiiÀ>Ì 3. Bellwether Enterprise BLLLUUE UÊÜÊ/½Ã LVDERXWFUHDWLQJWDQJLEOHYDOXHDQXQSDUDOOHOHGXVHUH[SHULHQFHDQG Enterprise’s 30 years as a leading provider of development capital and ORQJWHUPVXVWDLQDELOLW\DPRQJWKHFRPPXQLW\RIVPDOODQGPHGLXPVL]HG expertise, combined with Bellwether’s seasoned loan origination and servicing EXVLQHVVHVVHUYLFHGE\&2;%XVLQHVV6RFKHFNXVRXW team, spells a seamless, unified customer experience and offers a broader array of products and services. So, when you need an expert in multifamily and commercial financing, look up Bellwether Enterprise. SUBSCRIBE for FREE at www.coxblue.com Jim Doyle, Jr., Principal, Director 216-820-4502 | [email protected]

Ross Halloran, Senior Vice President 216-820-4528 | [email protected]

An update to our 2010 list with the latest on NE Ohio’s business leaders (* indicates new to the list)

DAVID ABBOTT chair the Greater Akron Chamber of as one of 10 winners in its 2011 Best Venture Funds; The Oberlin Project — JODI BERG Commerce. Members of the National Plants competition. The magazine A Clinton Climate Initiative; Ohio Board Executive director Shippers Strategic Transportation annually recognizes plants that are of Regents Technology Transfer & President The George Gund Foundation Council named FedEx Custom Critical leaders in efforts to boost competi- Commercialization Task Force; State Vitamix Corp. Cleveland the Carrier of the Year in the expedited tiveness, enhance customer satisfac- Science Technology Institute Olmsted Township Age: 60 category. tion and create stimulating and In the news: Ms. Bagley is raising the Age: 46 Type of organi- rewarding work environments. Mr. visibility of the region’s emerging in- Type of organization: Grant- ANTHONY ALEXANDER Anton said the honor was “a direct dustry clusters. Within the past year, zation: Manufac- making foundation result of the continuous improvement NorTech has hosted roundtables with turing Involvement: President, CEO, board member Involvement: FirstEnergy Corp. activities of our associates.” officials from the Small Business Ad- Chairman, Fund ministration, federal Economic Devel- Greater Cleveland for Our Economic Akron Partnership; Young Age: 61 CHRIS ANTONETTI* opment Administration, U.S. Depart- Future; Ohio ment of Energy, the General Services Presidents’ Grantmakers Type of organi- Executive vice president, general Organization; zation: Electric manager Administration and JobsOhio to meet Forum with Northeast Ohio stakeholders and Women’s Food- In the news: Like Mr. Abbott, The utility Cleveland Indians service Forum; fellow, Culinary Insti- Involvement: Cleveland discuss job creation policies that will George Gund Foundation turns 60 this enhance business growth. tute of America; governor-appointed year. In February, the foundation Akron Tomorrow; Age: 37 member, Northern Ohio District Edison Electric Type of organi- awarded a $700,000 grant to support DAVID BEACH Export Council what it called “the bold strategy to Institute; Institute zation: Baseball In the news: Vitamix on May 2 broke reinvent public education in Cleveland” of Nuclear Power team Director ground on a $10 million expansion of as proposed by Cleveland Mayor Operations; Involvement: GreenCityBlueLake Institute of its headquarters. The company needs Frank Jackson and Cleveland Metro- Nuclear Energy Institute; Team NEO Center for Fami- the Cleveland Museum of Natural the extra 51,000 square feet: Over politan School District CEO Eric Gordon In the news: With the completion of lies and Children History the past three years, Vitamix has dou- in their School Transformation Plan. its acquisition of Allegheny Energy in In the news: Cleveland bled its sales and increased its work 2011, FirstEnergy became one of the Last summer, in Age: 55 force by 45%. It employs about 500 MONTE AHUJA nation’s largest investor-owned electric his first year as Type of today and plans to hire at least 100 systems based on 6 million customers general manager, Mr. Antonetti made organization: Chairman, CEO more this year, the company said served. Under Mr. Alexander’s leader- a trade that might define his career Environmental MURA Holdings LLC when it announced the expansion. ship, FirstEnergy strengthened its as he gave up prized minor league nonprofit Beachwood balance sheet and reduced its debt-to- pitchers Drew Pomeranz and Alex Involvement: Age: 65 RONALD M. BERKMAN total-capacity ratio to its lowest level White — both former No. 1 draft Greater Ohio Type of organi- President in six years. choices of the Indians — for Colorado Policy Center; zation: Invest- Cleveland State University Rockies pitcher Ubaldo Jimenez. Sustainable ment firm Cleveland PHILIP ALEXANDER Cleveland 2019; Involvement: Age: 65 HARRIET APPLEGATE* Fresh Water Innovation Alliance; Doan BioEnterprise CEO Type of organi- Brook Watershed Partnership; Clean Corp.; University BrandMuscle Inc. Executive secretary zation: Higher Ohio Natural Resources Assistance Hospitals; Naples Beachwood North Shore AFL-CIO Federation education Council for Cuyahoga County Children & Edu- Age: 53 of Labor Involvement: In the news: Mr. Beach recently cation Founda- Type of organi- Cleveland BioEnterprise spearheaded the development of the tion, Naples, Fla. zation: Marketing Age: 63 Corp.; Greater Natural History Museum’s PNC In the news: Last June, Mr. Ahuja Involvement: Type of organi- Cleveland Part- SmartHome exhibit, the first house in donated $10 million to his alma Former chairman, zation: Labor nership; idea- Northeast Ohio designed to meet the mater, Cleveland State University. NEOSA; Barkley union Stream; Positively Passive House standard for extreme The gift, the largest in the school’s Advertising Involvement: Cleveland; Rock and Roll Hall of Fame energy performance. The project 47-year history, is for scholarships for (Kansas City); City Club of and Museum made national and international business and engineering students Case School of Cleveland; Com- In the news: Last month, Dr. Berk- headlines, raised the bar for green and for an endowed professorship in Engineering’s munity Partner- man revealed that Cleveland State is building and neighborhood redevelop- business. In turn, university trustees MEM program; visiting committee, ship for Arts and planning a $45 million Center for ment in the region, and won a national voted to change the name of the Weatherhead School of Management; Culture; Cuya- Health Professions on the site of the award for creativity in museums school’s business college to the Jumpstart Inc. hoga County Economic Development soon-to-be-demolished Viking Hall. He from the American Association of Monte Ahuja College of Business. Mr. In the news: In February, private Commission; Sustainable Cleveland characterized the center as one of the Museums. Ahuja also indulged his self-described equity firm The Riverside Co. bought 2019; Workforce Investment Board “most important” pieces in his vision “passion for golf” by acquiring Bar- BrandMuscle. Mr. Alexander said the In the news: In February, members for growing the urban university. rington Golf Club in Aurora. deal provides his company with of Cleveland’s AFL-CIO joined Cleve- JIM BENNETT* land City Councilman Joe Cimperman “tremendous opportunities moving Senior vice president DANIEL E. BERRY VIRGINIA ALBANESE forward, and we plan to aggressively and Tremont neighborhood residents in a rally against the planned delay by MMPI Inc. President, CEO President, CEO grow the business,” which creates Cleveland Magnet (Manufacturing Advocacy online software that allows national the Ohio Department of Transporta- FedEx Custom Critical tion in the construction of a second Age: 69 and Growth Network) Green companies to develop localized mar- Type of Cleveland keting campaigns. Inner Belt Bridge. “Keep the pressure Age: 48 on,” Ms. Applegate urged participants organization: Age: 64 Type of organi- at the rally. Tradeshow, con- Type of zation: Expedited ART ANTON vention center organization: shipper President, CEO REBECCA O. operator Manufacturing Involvement: Swagelok Co. Involvement: nonprofit Chairwoman, The Solon BAGLEY Director, Within3; Involvement: Boys and Girls Age: 54 President, CEO managing director, Past chairman, Clubs of the Type of organi- NorTech the Bennett Group VGS (Vocational Western Reserve; zation: Manufac- Cleveland LLC Guidance Ser- immediate past turing Age: 39 In the news: Mr. Bennett was vices); vice chairwoman, Greater Akron Chamber Involvement: Forest City Enterprises Type of organi- announced as MMPI’s top local official chairman, Ohio Edison Center Directors of Commerce; Akron Children’s Hospital; Inc.; Olympic Steel Inc.; Sherwin- zation: Tech- in charge of the under-construction Council; Team NEO; Cleveland-Cuya- Akron Community Foundation Williams Co.; University Hospitals nology nonprofit convention center and medical mart hoga County Workforce Investment In the news: In March, Ms. Albanese In the news: In January, IndustryWeek Involvement: BioHio Research Park; on April 19. He is a former McKinsey Board; Ohio Department of Development ended her term as the first female to named Swagelok’s main plant in Solon National Association for Seed and & Co. executive. continued on PAGE W-2 20120521-NEWS--16-NAT-CCI-CL_-- 5/16/2012 2:58 PM Page 1

W-2 CRAIN’S CLEVELAND BUSINESS MAY 21 - JUNE 3, 2012

Manufacturing Task Force SHERROD BROWN brokerage boom in downtown Cleveland. As roughly $65 million for construction In the news: Mr. Berry has led Involvement: Cleveland Leadership parking tightens with the advent of the and renovation to expand its reach in Magnet’s efforts to build the Partner- Senator, Democrat Center; United Way of Greater Cleve- Horseshoe Casino Cleveland, the Lorain County and to modernize an ship for Regional Innovation Services to U.S. Senate land; University School; Bellefaire JCB; Medical Mart and Convention Center aging campus that was built for 6,600 Manufacturers (PRISM), which is aimed Avon/Washington, D.C. Jewish Community Federation and later, the Flats East Bank, RTA will students but now serves more than at accelerating growth of the region’s Age: 59 In the news: Oswald made waves in encourage more visitors to take public 13,000. The latest project is a $21.5 small and midsize manufacturers Type of organi- January when it brought on well-known transportation and will revive its long- million, 50,843-square-foot science through innovation. zation: Govern- African-American businessman Eddie dormant waterfront line when the East building that will house classroom and ment Taylor to start a new arm, Taylor Bank project is finished next year, Mr. lab space, Dr. Church told Crain’s DON BROWN Involvement: Oswald, an attractive option for com- Calabrese said recently. Plus, RTA earlier this month. CEO Boy Scouts of panies, universities and other organiza- already is planning to expand the free Arteriocyte Inc. America; Planned tions that have diversity inclusion trolley service it operates downtown. PAUL CLARK Cleveland Parenthood; goals. Oswald in January 2011 joined Regional president for northern Age: 49 NAACP; Urban the chorus of insurance brokerages in DAR CALDWELL, TODD Ohio Type of organi- League; Gallaudet acquisition mode, taking on Selvaggio, GOLDSTEIN, SAM PNC Financial Services Group Inc. zation: Medical University, Washington, D.C. (federally Teske + Associates of Beachwood. KRICHEVSKY* Cleveland technology chartered university for the deaf and Age: 59 Involvement: hard of hearing) JOSEPH CALABRESE Partners Type of organi- Arteriocyte In the news: Sen. Brown is locked in CEO, general manager Shaker LaunchHouse zation: Banking Medical Systems; a fierce battle with Republican state Greater Cleveland Regional Shaker Heights Involvement: Arteriocyte Inc.; Treasurer Josh Mandel for his Senate Transit Authority Baldwin-Wallace Ohio Venture seat, up for grabs in November’s Cleveland College; Cuyahoga Association, election. Recent polls show Sen. Age: 60 County Invest in BioOhio Brown’s lead narrowing, as big-name Type of organi- Children; Greater In the news: Arteriocyte last December Republican backers align here. However, zation: Public Cleveland Partner- held an open house showing off its with the loyal support of influential transportation ship; Neighborhood new, 10,000-square-foot headquarters unions across the state, Mr. Brown Involvement: Progress Inc.; United Way of Greater in the Baker Electric Building in still will be tough to defeat. Downtown Cleve- Cleveland Cleveland. Also that month, Arteriocyte land Alliance; In the news: PNC remained Northeast succeeded in helping create the MARC S. Build Up Greater Ohio’s second-largest bank based on Wounded Warrior Treatment Network BYRNES Cleveland; Senior Ages: Mr. Caldwell, 30; Mr. Goldstein, deposits according to Crain’s annual under a National Defense Authorization Transportation 29; Mr. Krichevsky, 29 banks list, published Dec. 12. PNC’s to enable faster clinical execution of Chairman, CEO Connection; Northeast Ohio Sustain- Type of organization: Business deposits increased 4.8% to $9.2 billion novel treatments for wounded warriors. Oswald Cos. able Communities Consortium; accelerator from $8.8 billion, ahead of No. 3 A major clinical focus of the company is Cleveland Cleveland/Cuyahoga County Work- Involvement: Mr. Caldwell — Ingenuity Huntington but behind No. 1 Key. to enable improvements in the treatment Age: 58 force Investment Board Festival, Ohio Homecoming, Cornell PNC also joined a Cuyahoga County of acute musculoskeletal injuries for Type of organi- In the news: RTA is uniquely posi- Center for Transformative Action, Bad program that will guarantee private wounded warriors. zation: Insurance tioned to capitalize on the ongoing Girl Ventures; Mr. Goldstein — Young business loans that otherwise would Leadership Division of Jewish Federation not be bankable. of Cleveland; Cleveland Hillel Foundation Board; Park Synagogue Men’s Club; CHRIS COBURN Mr. Krichevsky — Young Leadership Division of the Jewish Federation of Executive director Cleveland, Waxman Chabad Center Cleveland Clinic Innovations In the news: The incubator in October Cleveland renovated and added another 5,000 Age: 55 square feet and 10 more companies, Type of organi- adding to the roster of 60 small com- zation: Technology panies that already paid to rent space. transfer office In February, the Ohio Third Frontier Involvement: Cleveland’s Commission awarded it a $200,000 Third Frontier; grant, which it will use to fund a new Cuyahoga Arts and a great home program called the LaunchHouse Insti- Culture; Hathaway tute. Brown School; City Club of Cleveland for a global JOSEPH A. CARRABBA In the news: Mr. Coburn has led the entity since its founding May 2000, and company Chairman, president, CEO in February added more responsibility: Cliffs Natural Resources He will help lead partnerships the Clinic Cleveland has made as part of its Innovation Age: 59 Alliance program, designed in part to We’re proud of our biggest ofﬁce in the Type of organi- lead the commercialization of medical world here in Cleveland, but our focus zation: Raw breakthroughs. The Clinic has two material supplier on growing small businesses involves partners in the program: North Shore- Involvement: LIJ Health System of Manhasset, N.Y., the whole world. To learn more about American Iron & and MedStar Health of Columbia, Md. how Riverside transforms and grows Steel Institute; National Mining DAN COLANTONE* companies worth up to $200 million, Association; Great President, CEO visit riversidecompany.com. Lakes Science Center; University Hospitals; KeyCorp Greater Akron Chamber In the news: Mr. Carrabba and Cliffs in Akron March signaled a shift in focus, from Age: 56 large-scale acquisitions — such as a Type of organi- We thank Crain’s $4.9 billion deal last year and a $757 zation: Chamber Cleveland Business for million one in 2010 — to growing its of commerce recognizing Riverside existing business lines. Mr. Carrabba Involvement: Co-CEO Stewart Kohl as detailed the shift in the same analyst Akron Tomorrow; one of the 150 Names to call as the one during which Cliffs said Leadership Akron; Know in Northeast Ohio. it would increase its dividend to share- University Park holders by 123%. Alliance; Team NEO In the news: Mr. Colantone recently ROY A. CHURCH worked to develop a new five-year President strategic plan, titled “2009-2013, Lorain County Community College Advance Akron: Our Region. Our Elyria Future.” He led collaborative efforts to Age: 65 include business, education and political Type of organi- leadership, according to the chamber’s zation: Higher senior vice president of communications education Rebecca Guzy Woodford. Involvement: 20 offices Ohio Board of JOHN COLM Regents; NorTech; 14 countries President Northeast Ohio 4 continents th WIRE-Net 50 Public Square, 29 floor, Cleveland, OH 44113 Council on Higher Cleveland Education; Magnet; Age: 58 Team Lorain County In the news: LCCC currently is raising continued on NEXT PAGE ➤ 20120521-NEWS--17-NAT-CCI-CL_-- 5/16/2012 2:59 PM Page 1

MAY 21 - JUNE 3, 2012 CRAIN’S CLEVELAND BUSINESS W-3

Type of organi- tion, among other county business, Akron-based pediatric care provider, Cleveland Clinic Youngstown?” he told Crain’s a year ago. zation: Manufac- atop their collective to-do list. where employment grew 8.6% last year Cleveland turing advocacy to move the hospital to the No. 24 spot Age: 71 ED CRAWFORD CHRIS CONNOR group on Crain’s largest Northeast Ohio Type of organi- CEO, chairman Involvement: CEO employers. Still, Akron Children’s and zation: Health Park-Ohio Holdings Corp. Cleveland Citywide Sherwin-Williams Co. other hospitals in the region continuously care Mayfield Heights Development Cleveland cope with the unknown. “In this busi- Involvement: Age: 72 (as of 4/13/12) Corp.; Sustain- Age: 56 ness anymore, if you can’t be comfort- Cuyahoga Type of organization: Manufacturing able Cleveland Type of organi- able with ambiguity, you’re in the wrong Community College Involvement: N/A 2019; The Friends of Max Hayes zation: Paint maker business,” Mr. Considine told Crain’s in In the news: The Cleveland Clinic in In the news: Park-Ohio Industries, a In the news: WIRE-Net and Magnet, Involvement: a January health care outlook story. recent years has opened hospitals in subsidiary of Park-Ohio Holdings, in another Cleveland manufacturing Rock and Roll such far-flung locales as Las Vegas and March bought Fluid Routing Solutions advocate, currently have a heavy Hall of Fame and PATRICK AND Florida — a trend that should continue, Inc., which makes industrial hose focus on getting their constituents Museum; Play- DANIEL CONWAY Dr. Cosgrove told Crain’s earlier this products as well as fuel filler and involved with Ohio’s ongoing shale gas houseSquare month. “We’re now looked at as a hydraulic fluid assemblies. At the time, boom. Mr. Colm, a 2011 Crain’s Differ- Foundation; Co-owners national and an international brand. Great Lakes Brewing Co. Fluid Routing Solutions had more than ence Maker, oversees an estimated University Hospi- That creates all kinds of opportunities 950 employees, and it brought in $190 $2.9 million budget and a staff of 23. tals; United Way of Greater Cleveland; Ohio City for us.” Ages: Patrick, 63; million in revenue for the 12 months Greater Cleveland Partnership ending Jan. 31. C. ELLEN CONNALLY* In the news: Things are looking sharp Daniel, 50 JIM COSSLER Type of organi- President at the $9 billion paint and coatings CEO, chief evangelist ALEXANDER maker, Northeast Ohio’s sixth-largest zation: Restau- Cuyahoga County Council rant, brewery Youngstown Business Incubator “SANDY” CUTLER Cleveland public company, according to Crain’s Youngstown research. Mr. Connor said in an analysts Involvement: CEO, chairman Age: 67 Several environ- Age: 56 Type of organi- call announcing Sherwin-Williams’ first- Type of organi- Eaton Corp. quarter results that he expects second- mental and social Cleveland zation: Govern- organizations in zation: Economic ment quarter sales will be up 10% to 15% development/ Age: 60 from levels in 2011’s second quarter. Northeast Ohio Type of organi- Involvement: In the news: Beer software Breast Cancer Involvement: zation: Manufac- WILLIAM made by Great turing Fund of Ohio; Lakes Brewing is Youngstown State Community CONSIDINE University S.T.E.M. Involvement: no longer just for DuPont; KeyCorp; Action Against President, Ohioans. The College; Hiram Addiction; Cleve- CEO College Center for Greater Cleveland brewery now sells Partnership; land Civil War Roundtable Akron Children’s beer in more than Integrated Entrepreneurship; University In the news: Ms. Connally in January Hospital of Akron School of Computer Science; United Way Ser- a dozen states. vices of Greater 2011 was voted the first president of Akron Earlier this year Slippery Rock University Department of Cuyahoga County’s new 11-member Age: 64 Computer Science; JumpStart Mentor Cleveland; Electrical Manufacturers the company started selling its concoc- Club council, which went into effect when Type of organization: Health care tions in northern Virginia, central Pennsyl- Program voters passed a new charter govern- Involvement: Ohio Business Round- In the news: The Youngstown In the news: Mr. Cutler has been in the vania and the Raleigh-Durham-Chapel Hill news a lot lately, opining on the broader ment the previous November. Almost table; Austen BioInnovation Institute in region of North Carolina. Business Incubator has been attracting immediately, the council was mired in Akron; John S. and James L. Knight national attention for years, in large economy and the government’s efforts controversy after a private meeting to Foundation; Greater Akron Chamber; DR. DELOS “TOBY” part because of the evangelizing of Mr. to help it along. He deserves to be organize votes for council president. University Park Alliance Cossler. “If a customer says it’s irrele- heard, if Eaton’s recent performance is Now, Ms. Connally and fellow council In the news: A 2011 Crain’s Health COSGROVE vant where the software is coming any indication. In 2011, the company’s members have a real estate consolida- Care Hero, Mr. Considine leads the President, CEO from, why can’t it come from continued on PAGE W-4

GLOBALLY recognized NATIONALLY ranked LOCALLY vital Kent State UniversityIS THEREGIONSLEADINGPUBLICUNIVERSITY s 2ANKEDASONEOFTHETOPUNIVERSITIESIN THEWORLDBY4IMES(IGHER%DUCATION ,ONDON s .AMEDTOTHETOPTIEROFTHEBESTCOLLEGESIN THENATIONBYU.S. News & World Report s 'ENERATEDBILLIONINADDEDINCOMETOTHE .ORTHEAST/HIOECONOMY s .EARLY ALUMNIWORLDWIDE s #ELEBRATINGMORETHANYEARSOF EXCELLENCEINACTION

Kent State University, Kent State and KSU are registered trademarks and may not be used without permission. Kent State University, an equal wopportunity, afﬁrmative action employer, is committed to attaining excellence through the recruitment and retention of a diverse workforce. 12-1037 www.kent.edu 20120521-NEWS--18-NAT-CCI-CL_-- 5/16/2012 2:59 PM Page 1

W-4 CRAIN’S CLEVELAND BUSINESS MAY 21 - JUNE 3, 2012

profits jumped by 45%, to $1.35 billion. League; Downtown Cleveland Alliance; North Canton Cleveland- which non-group rated employers Hence, the company raised its dividend PlayhouseSquare District Development Age: 45 Cuyahoga were overcharged more than $1 bil- by 12%, to 38 cents per share. Corp.; Positively Cleveland; Union Type of organi- County Port lion during the period covered by the Club zation: Developer Authority lawsuit. The class has been certified A. RAY DALTON In the news: Mr. Falco played a big of fuel cell Cleveland by the court. There are more than role in helping build a partnership that systems Age: 51 285,000 Ohio businesses that are President, CEO led both Cleveland State University’s Involvement: Type of organi- represented and seeking restitution. PartsSource Inc. theater program and the Cleveland Play Team NEO; zation: Govern- Aurora House to begin using the recently Canton Regional ment Age: 56 FRED AND GREG GEIS renovated Allen Theatre. Chamber of Commerce Involvement: American Association Type of organi- Co-owners, Geis Development Co. In the news: Mr. Fleiner and others of Port Authorities; American Great zation: Medical Members, Hemingway Develop- who spoke at the 2011 Ohio Fuel Cell Lakes Ports Association; Northeast parts supplier UMBERTO P. FEDELI ment Inc. Symposium in North Canton warned Ohio Development Fund; Cuyahoga Involvement: President, CEO Streetsboro that the federal government has been County Economic Development Com- Founder, chairman, The Fedeli Group Ages: Fred, 53; cutting financial support for fuel cell mission Dalton Family Independence Greg, 44 research and that state support for In the news: Mr. Friedman is working Foundation; Age: 52 Type of organi- the industry is in question. to implement a strategic plan for the American Red Type of organization: Real Port Authority based on this premise: Cross, blood zation: Insurance estate The Port of Cleveland has the capacity division; Pawsability; Hospital Shalom, Involvement: The CHARLES FOWLER Involvement: to handle far more cargo than it does Guatemala; strategic adviser to hospital Cleveland Clinic; President, CEO Fred Geis — at present, and it’s up to port officials in Togo, Africa Park View Federal Fairmount Minerals Downtown Cleve- to bring more tonnage over its docks. In the news: Not only has Mr. Dalton Savings Bank; Chardon land Alliance; founded several companies, but he’s chairman, North- Age: 66 Cleveland Botani- written one book and is working on ern Ohio Italian Type of organi- MARCIA FUDGE* cal Gardens; another that will talk about the five “Cs” American Founda- zation: Producer U.S. representative, Democrat, Greater Cleveland of success: confidence, credibility, tion; John Carroll University; Cleveland of industrial sand 11th district Green Building compliment, community and communi- Catholic Diocese Involvement: U.S. House of Representatives Coalition; Portage cation. “Everyone has one company In the news: Aside from his work at Case Western Cleveland Development and one book in them,” he says. “I’ve The Fedeli Group, Mr. Fedeli also is an Reserve University Age: 59 Board; Society of been blessed and I’m living a dream I investor. Sometimes a vocal one. A few In the news: Mr. Type of organi- Industrial and don’t deserve. I feel an obligation to be months ago he wrote a letter to LNB Fowler and his zation: Govern- Office Realtors; an encourager to other people.” Bancorp’s leaders saying he would wife, Char, gave ment Greg Geis — invest in the bank to help it pay off a $17 million to Rainbow Babies and Involvement: National Association of Office and STEVEN M. DETTELBACH loan from the federal Troubled Asset Children’s Hospital to establish a Past national Industrial Properties Relief Program. The loan’s interest will cancer institute. The gift was made in president, Delta In the news: Monmouth Real Estate U.S. Attorney for the Northern rise to 9% from 5% at the end of 2013. memory of their daughter, Angie, who Sigma Theta Investment Corp. of Freehold, N.J., District of Ohio “Anytime I have a cost that increases died of melanoma at age 14. On the Sorority Inc. last October acquired the Best Buy U.S. Justice Department 80%, to me, that’s something that corporate side, Fairmount Minerals In the news: warehouse in Streetsboro’s Interstate Cleveland needs to be treated with urgency,” he has emerged as one of the region’s Rep. Fudge last month introduced the Commerce Center industrial park from Age: 46 said. leading advocates of the sustainability Let’s Grow Act of 2012 to support Geis for $19.6 million. Type of organi- movement. sustainable agriculture activities in zation: Govern- JOSE FELICIANO American cities. In March, she and DR. JAY A. GERSHEN ment DAVID FRANKLIN Rep. Steve LaTourette introduced a Involvement: Mr. Founder, chairman President Hispanic Roundtable Director bill that would make $4 billion available Northeast Ohio Medical University Dettelbach had to to the states to help communities resign from all Cleveland Cleveland Museum of Art Rootstown Age: 62 Cleveland swamped by the need to demolish Age: 66 boards as part of vacant and abandoned properties. his job so as to Type of organi- Age: 51 Type of organi- prevent conflicts zation: Nonprofit Type of organi- HIROYUKI FUJITA zation: Higher of interest, according to a spokesman. Involvement: zation: Arts education In the news: About 800 companies Greater Cleveland institution Founder, president, CEO Involvement: that have joined Mr. Dettelbach’s Partnership; Global Involvement: Quality Electrodynamics LLC Greater Akron Northeast Ohio Business Ethics Cleveland; U.S. University Circle Mayfield Village Chamber; Coalition have signed a pledge to fight District Court for Inc.; Culture Prop- Age: 45 NorTech; Akron corruption and speak out against public the Northern erty Task Force Type of organi- Tomorrow; officials who seek bribes. He’s also District of Ohio; of the Association zation: Designer Portage Develop- helping oversee a federal task force House of Delegates, American Bar of Art Museum and manufacturer ment Board; Austen BioInnovation that aims to keep an eye out for crime Association Directors of MRI radio fre- Institute in Akron related to Horseshoe Casino Cleveland. In the news: Mr. Feliciano, also a In the news: Mr. Franklin is guiding quency coil tech- In the news: NEOMED tapped Signet partner at Baker & Hostetler, this year the completion of the museum’s $350 nology for human Development of Akron as the developer FRANK L. DOUGLAS was one of eight people inducted into million building renovation and expansion body imaging for its residential housing village the Cleveland International Hall of project, which the museum estimates Involvement: project, which will serve as the lead President, CEO; professor Fame. He was born in Puerto Rico. has generated $593 million in eco- Inamori Interna- component of the university’s $130 Austen BioInnovation Institute in nomic stimulus within Cuyahoga County tional Center of Ethics and Excellence, million expansion initiative. Akron; University of Akron, North- ED FITZGERALD thus far. The expansion positions the Case Western Reserve University; east Ohio Medical University museum as a cultural and economic The Musical Arts Association and The DAN GILBERT Akron; Rootstown County executive leader locally and globally as it nears Cleveland Orchestra; Hawken School; Owner Age: 69 Cuyahoga County its centennial celebration in 2016. Global Cleveland; The Cleveland Cleveland Cavaliers; Rock Type of organi- Cleveland Foundation Ventures LLC zation: Economic Age: 43 JEFFREY FRIEDMAN In the news: Dr. Fujita sat with First Cleveland development/ Type of organi- Chairman, president, CEO Lady Michelle Obama for the 2012 Age: 50 health care zation: Govern- Associated Estates Realty Corp. State of the Union address, where he Type of organi- Involvement: ment Richmond Heights was an honored guest. zation: Basket- Ewing Marion Involvement: Age: 60 ball team; casino Kauffman Founda- County Executives Type of organi- STUART GARSON Involvement: tion; Multiple of America; County zation: Apart- Bizdom U; Cleve- Myeloma Research Commissioner Attorney; party chairman ment-focused land Clinic; Chil- Foundation; BioOhio; national chair, Association of Seaman Garson LLC; Democratic real estate invest- dren’s National Value-driven Engineering and U.S. Ohio; chair, Party of Cuyahoga County ment trust Medical Center, Global Competitiveness Initiative; Akron Economic Development Commission of Cleveland Involvement: Washington, D.C.; Urban League Cuyahoga County Age: 62 Greater Cleveland Children’s Tumor Foundation In the news: The Austen BioInnovation In the news: “I’m not surprised at that Type of organi- Sports Commis- In the news: His Rock Ventures on Institute has helped Akron’s three major when I hear it,” he said in April, after zation: Law firm; sion; National May 14 opened the Horseshoe Casino hospital systems produce 88 invention members of Cuyahoga County Council Political party Association of Real Estate Investment Cleveland, the first casino in Ohio. The disclosures in a 12-month period, complained about not having enough Involvement: Trusts; Chief Executives Organization; Cavaliers began their rebuilding through November 2011. That’s up input on the county’s effort to find a American Associ- Urban Land Institute; National Multi- process around Rookie of the Year from 25 in 2010 and zero in 2009. new headquarters. “The typical complaint ation for Justice; of council is usually that they weren’t Housing Council Ohio Association Kyrie Irving. ART J. FALCO included in enough decision making on In the news: A parking lot on the of Justice; Cleve- administrative matters and the typical Miracle Mile, the nickname for Wilshire land Metropolitan DAVID E. President, CEO complaint of an executive is that a Boulevard in Los Angeles, will provide Bar Association GILBERT Playhouse- council is getting into administrative Associated Estates with an avenue to In the news: It’s an election year, so Square Founda- enter the southern California market. Mr. Garson is ramping up for a busy President, CEO matters that they don’t have jurisdiction Greater Cleve- tion over or it’s not their appropriate role.” Associated Estates plans to construct autumn on behalf of Democratic candi- Cleveland a 174-unit apartment building and dates. In his law firm life, Mr. Garson land Sports Age: 58 parking garage on a two-acre site. and lead attorney James DeRoche are Commission/ Type of organi- MARK FLEINER pursuing a class-action lawsuit against Positively zation: Cultural institution/real estate CEO WILLIAM D. FRIEDMAN the Ohio Bureau of Workers’ Compen- Cleveland Involvement: Tony voter, Broadway Rolls-Royce Fuel Cell Systems President, CEO sation’s group rating program under continued on NEXT PAGE ➤ 20120521-NEWS--19-NAT-CCI-CL_-- 5/16/2012 4:08 PM Page 1

MAY 21 - JUNE 3, 2012 CRAIN’S CLEVELAND BUSINESS W-5

Cleveland Type of organization: Nonprofit/arts Cleveland Film Commission; Rock and Department Manufacturing Council; FirstMerit Corp. Age: N/A Involvement: N/A Roll Hall of Fame; United Way of adviser, President Barack Obama’s Akron Type of organization: Civic and In the news: Attendance to the 2012 Greater Cleveland Export Council; Federal Reserve Bank Age: 56 economic development film festival was 85,018, a 9% increase In the news: It’s been nearly a year of Cleveland Business Advisory Council; Type of organi- Involvement: Cleveland Jewish News; from 2011 and a 143% increase since Mr. Gordon took over as chief NorTech; FlexMatters Steering Com- zation: Banking International Children’s Games since 2003. The event also hit a academic officer in the Cleveland mittee chairman Involvement: In the news: At Positively Cleveland’s milestone this year with its largest Metropolitan School District, and In the news: Albert Green recently Federal Reserve annual meeting on May 9, Mr. Gilbert one-day attendance: 13,176 on since then he’s been a leader in a was selected as one of seven new Bank of Cleve- unveiled a five-year strategic plan for Saturday, March 31. major transformation plan along with members for The Manufacturing land; Team NEO; the organization. Instead of just pro- Mayor Frank Jackson on which Council, a private-sector committee co-chairman, The American Bankers moting the city to meeting planners ERIC officials are pinning the future of the that directly advises U.S. Secretary of Council; Akron Tomorrow; Musical and advertising tourist attractions, Mr. GORDON* district. Commerce John Bryson. Meanwhile, Arts Association Gilbert said Positively Cleveland intends Kent Displays earlier this year announced In the news: This spring, under to play a greater role in shaping “how CEO ALBERT the installation of a second roll-to-roll recently enacted “say-on-pay” rules, Cleveland looks, acts and feels as a Cleveland Met- GREEN line, which is expected to triple the shareholders cast 47.2 million votes travel destination.” ropolitan company’s LCD production capacity, against FirstMerit Corp.’s compensa- School District CEO and the company’s consumer tion plan compared to 41.2 million for JOSEPH GINGO Cleveland Kent Displays Inc. products subsidiary continues in the it. FirstMerit filed with the Securities Age: 41 Kent Chairman, president, CEO production of its e-writer, the Boogie and Exchange Commission on March Type of organization: Education Age: 46 Board. 29 a presentation that began with the A. Schulman Inc. Involvement: Board vice president, Type of organi- Fairlawn assertion that certain proxy advisers ACE Mentor Program, Cleveland zation: Manufac- seemed to reach the wrong conclu- Age: 67 chapter; NewBridge-Cleveland Center turing (liquid crystal displays) PAUL G. GREIG Type of organi- for Arts and Technology; Greater Involvement: U.S. Commerce Chairman, president, CEO continued on PAGE W-6 zation: Plastic resins supplier Involvement: N/A In the news: The company announced in April that it will move its corporate headquarters to a new location in Fairlawn MY BENESCH two miles from its current location. The new building, which will anchor the new Fairlawn Corporate Park, will be 34,000 square feet and will house 130 employees. MARCUS GLOVER* “It’s nice to have a law firm Senior vice president, general that ‘gets’ my business.” manager STEVE G. BRYAN Horseshoe Casino Cleveland CEO Cleveland Age: 37 Vigillo LLC Type of organization: Casino Involvement: Positively Cleve- land; Rock and Roll Hall of Fame and Museum In the news: Cleveland on May 14 officially became home to Ohio’s first casino when it opened its doors to the general public. Whether the gambling hall will be a good bet for the city’s economy and future is yet to be seen, but casino officials predict it will attract about 5 million visitors in its first year. ANNE GOODMAN President, CEO Cleveland Foodbank Cleveland Age: 45 Type of organization: Nonprofit Involvement: MY TEAM Western Reserve Cleveland Academy; Ohio Association of Columbus Trucking presents many complex risk-management challenges. It’s a highly regulated Foodbanks; Council for Economic and highly litigated industry, yet many fleets are relatively unsophisticated in their Indianapolis Opportunities in management of required documents. With the help of Benesch’s Transportation & Greater Cleveland; advisory board, Logistics Practice Group, Vigillo has developed a solution – the industry’s first John Carroll University, graduate school Philadelphia of nonprofit studies comprehensive software system for proactive risk management. Our attorneys’ In the news: The Cleveland Foodbank developed a strategic plan last year to Shanghai vast experience in the transportation field allows Vigillo to offer its customers increase the number of meals it makes risk-management policies that help keep them on the road and out of trouble. possible by 60% over the next three years through not only food distribution White Plains but through aggressive food stamp To learn more about our Transportation & Logistics practice group, visit outreach efforts. Wilmington beneschlaw.com/myteam MARCIE GOODMAN www.beneschlaw.com Executive director Cleveland Inter- national Film Festival Featured attorneys (left-right): MARC BLUBAUGH, MARTHA PAYNE, PETER KIRSANOW, JOE GROSS, SARA BUNKE EVANS, ERIC ZALUD and JOHN STOCK. Cleveland © 2011 Benesch Friedlander Coplan & Aronoff LLP Age: 57 20120521-NEWS--20-NAT-CCI-CL_-- 5/16/2012 4:09 PM Page 1

W-6 CRAIN’S CLEVELAND BUSINESS MAY 21 - JUNE 3, 2012

sion on the company’s compensation the interim role at the Commission on sales market seems to be warming, (precision dispens- us move forward,” Mr. Hyland said of package. (Say-on-pay votes are non- Economic Inclusion following the and it’s a trend to which Mr. Hanna ing equipment) his company’s continued growth. binding.) sudden departure of Andrew Jackson, can attest. In November, he said sales Involvement: Hyland employs about 1,000 people who had been executive director of were surpassing new listings coming President, Nordson now — up from 650 in 2008 and 305 JAMES W. GRIFFITH the commission and a senior vice into offices at a 2-to-1 rate. “Fewer Corporate Founda- in 2004. President, CEO president of the Greater Cleveland people believe it’s a good time to put tion; MAPI (Manu- The Timken Co. Partnership, the commission’s parent a house on the market. … But we are facturers Alliance FRANK G. JACKSON Canton organization. seeing bidding battles on houses for Productivity again. If you have a house that is done and Innovation); Mayor Age: 58 City of Cleveland Type of organi- JAMES L. HAMBRICK right, in the right neighborhood Greater Cleveland Partnership; National without a lot of for-sale signs, we are Association of Manufacturers; United Cleveland zation: Manufac- Chairman, president, CEO Age: 65 turing seeing strong sales,” he said. Way Lubrizol Corp. In the news: In March, Nordson’s Type of organi- Involvement: Wickliffe zation: Govern- President, World EDWARD “NED” HILL* board authorized the repurchase of up Age: 57 to an additional $100 million of the ment Bearing Associa- Type of organi- Involvement: tion; board chair- Dean company’s common shares. “The zation: Chemi- Maxine Goodman Levin College board’s action reflects continued Mayors Against man, Manufactur- cals Illegal Guns ing Advocacy and of Urban Affairs, Cleveland State confidence in the long-term strength Involvement: University of our company and our ongoing In the news: Growth Network (Magnet); U.S.-China Hospice of the Mayor Jackson Business Council; Goodrich Corp.; Cleveland commitment to creating shareholder Western Reserve; Age: 60 value,” Mr. Hilton said in a statement at aggressively Illinois Tool Works Inc. University Hospi- pursued the reformation of Cleveland’s In the news: The company announced Type of organi- the time. In September 2011, the tals; Greater zation: board also authorized the repurchase public schools in 2012, including securing earlier this year that it will invest $42 Cleveland Partner- the support of the Cleveland teachers million to build a new, two-story office Higher of $100 million of its stock. ship; Northeast education union for a plan that would evaluate complex connected to its global Ohio Council on Higher Education; teachers based on objective evaluations, technology center near Akron-Canton Involvement: W. NICHOLAS HOWLEY Cleveland Museum of Natural History Cleveland rather than just seniority, when making Airport. Plans call for the complex to In the news: Lubrizol Corp. in March Chairman, CEO layoff and termination decisions. accommodate a combined team of Zoological Society; 2011 agreed to be bought by Warren Magnet; National TransDigm Group Inc. nearly 1,000 employees. Completion Buffett’s Berkshire Hathaway Corp. for Cleveland is expected in the fourth quarter of Institute of JOE KANFER $9.7 billion, including the assumption of Standards and Technology Manufac- Age: 60 2013. debt. Since becoming a part of Berk- Type of organi- CEO turing Extension Partnership; Schreck- GoJo Industries shire Hathaway, the company has con- engost Foundation; United Way of zation: Supplier BRIAN E. HALL tinued to make acquisitions, including (aircraft parts) Akron Greater Cleveland Age: N/A CEO of a Spanish producer of specialty In the news: Dr. Hill is one of the Involvement: Innogistics LLC polyurethanes and a maker of naturally Polypore Corp.; Type of organization: Manufacturing go-to guys in Greater Cleveland when Involvement: N/A Cleveland derived specialty ingredients. it comes to thoughtful analysis and chairman, Saint Age: 54 Martin de Porres In the news: Mr. Kanfer has continued assessment of happenings within the to push his company to increase its Type of organi- HOWARD W. community and business world. In High School; Case zation: Logistics Western Reserve sustainability through programs that “HOBY” particular, the economist and dean of decrease the water usage, solid waste Involvement: the Maxine Goodman Levin College of University; Rock and Roll Hall of Fame Rock and Roll HANNA IV and Museum output and emission of greenhouse Urban Affairs is especially versed in gases. Hall of Fame and President trends in the manufacturing sector, In the news: This month TransDigm Museum; Univer- Howard Hanna which has been experiencing a bit of Group Inc. reported that its sales rose sity Hospitals; Ohio pickup in Northeast Ohio of late. 39%, to $423.5 million from $304.4 NATHAN J. KELLY* chair, Presidents Cleveland million. Mr. Howley said this regarding Deputy chief of staff, development Council Founda- Age: 40 MICHAEL F. HILTON the uptick: “Our commercial aerospace Office of County Executive Ed tion; chair, Black W/YPO Network; Type of organization: Real estate businesses continue to grow nicely, FitzGerald board of advisers, former co-chair, Involvement: Boys Hope Girls Hope; President, CEO though the OEM is growing faster than Cleveland Commission on Economic Inclusion Greater Cleveland Partnership; director, Nordson Corp. the aftermarket. … Our defense busi- Age: 35 (interim executive director as of June National Association of Realtors; Westlake ness is exceeding our expectations at Type of organi- 1) United Way; NEOHREX MLS Age: 58 this time.” zation: Govern- In the news: Mr. Hall is taking over In the news: Northeast Ohio’s home Type of organization: Manufacturing ment DANIEL B. HURWITZ Involvement: President, CEO HELP Foundation DDR Corp. In the news: Mr. Beachwood Kelly was instru- Age: 48 mental this year in YOU WANT A LAW FIRM Type of organi- getting a Cuya- zation: Real hoga County program started that will estate guarantee loans to small businesses in THAT’S AS DEDICATED Involvement: an effort to increase bank lending. International Council of Shop- GULAM KHAN ping Centers; CEO, co-chairman TO YOUR BUSINESS National Associa- U.S. Endoscopy tion of Real Estate Mentor Investment Trusts; Colgate University; Age: 45 AS YOU ARE. Hawken School; Rock and Roll Hall of Type of organi- Fame and Museum zation: Manufac- In the news: In January, affiliates of turing (medical DDR Corp. and New York City-based devices) Blackstone announced that they had Involvement: We share your desire to seize opportunities, reduce risk and deliver formed a joint venture to buy a portfolio Letter Winners M exceptional value. From business law, corporate ﬁ nance, tax and of 46 shopping centers from EPN Club, University Group of Northbrook, Ill., for a total of of Michigan; employee beneﬁ ts, to labor and employment, intellectual property $1.4 billion. American Society and commercial litigation, we offer all of the legal services and for Gastrointestinal Endoscopy A.J. HYLAND In the news: Mr. Khan has continued counsel you need to succeed. to oversee the growth and expansion of President, CEO U.S. Endoscopy in Mentor, where the Hyland Software company recently moved into a new Chicago ∙ Cleveland ∙ Columbus Westlake 70,000-square-foot facility, its fourth in DuPage County, Ill. ∙ Indianapolis ∙ Washington, D.C. Age: 40 the city. www.icemiller.com Type of organization: Computer STEWART A. software Involvement: KOHL* Ohio Foundation Co-CEO of Independent The Riverside Co. Colleges Cleveland In the news: Age: 56 “We’re excited to Type of organiza- add passionate candidates to our tion: Private equity employee base. While the company has Involvement: Oberlin College; Museum grown and evolved we’ve stayed true to of Contemporary Art Cleveland; Rock our core values. They are the corner- and Roll Hall of Fame and Museum; stone for making decisions which help continued on NEXT PAGE ➤ 20120521-NEWS--21-NAT-CCI-CL_-- 5/16/2012 4:09 PM Page 1

MAY 21 - JUNE 3, 2012 CRAIN’S CLEVELAND BUSINESS W-7

Cleveland Clinic Wellness Institute RAY LEACH LESTER A. LEFTON student fee that would have financed Mayfield Leadership Board; co-chair, Building for much of it. Heights Hope Capital Campaign, Center for CEO President Age: 69 Families and Children JumpStart Inc. Kent State University RANDY LERNER* Type of organi- In the news: Mr. Kohl this year Cleveland Kent zation: Private Owner participated in a public relations cam- Age: 46 Age: 66 equity Cleveland Browns paign to keep private equity’s name Type of organi- Type of organi- Involvement: Cleveland from becoming collateral damage from zation: Economic zation: Higher Past board chair, Age: N/A the presidential campaign due to Mitt development education Case Western Type of organi- Romney’s moneyman background. Involvement: Involvement: Reserve University; Laurel School zation: Sports National Advisory NorTech; Greater In the news: Mr. Linsalata’s firm team Council on Inno- Akron Chamber; made its 100th acquisition, with the RICHARD J. KRAMER Involvement: N/A vation and Entre- Western Reserve acquisition of Farmington, Conn.- In the news: “I CEO preneurship, U.S. Public Media; based Dell Manufacturing in May. think people are Goodyear Tire & Rubber Co. Commerce Musical Arts exhausted from Akron Department; National Venture Capital Association of the Cleveland Orches- losing in this RAMON Age: 48 Association tra; Center for Effective Leadership, town,” Mr. Lerner LUGO III Type of organi- In the news: “When scored against American Council on Education said in a local radio interview in January zation: Manufac- everyone else in the state, we rank In the news: Kent State University Director 2012, following the Browns’ 4-12 year. turing No. 1 and have for the last five years,” moved forward in March with plans to NASA Glenn Involvement: Mr. Leach said last May, responding give its main campus in Kent a facelift, Research Center Sherwin-Williams; to criticism over his organization’s though the plan is a scaled-back version FRANK LINSALATA Brook Park Summa Foundation; marketing and management expenses of a previous proposal that stalled Chairman, founder Age: 55 Akron Tomorrow; relative to its support of entrepreneurs. because of a lack of support for a Linsalata Capital Partners continued on PAGE W-8 John Carroll University; Walsh Jesuit High School In the news: In his address at the company’s annual shareholder meeting, Mr. Kramer said he was pleased with Goodyear’s 2011 performance, which set records in several areas, including record sales of $22.8 billion, up 21% from 2010. As for the company’s under-construction new global headquarters campus in Akron, he said it represents “more than just a new place to work, it will serve as an environment for a new way to work.” Goodyear expects the new headquarters to be completed in April 2013. DAVID J. LARUE* President, CEO Forest City Enterprises Inc. Cleveland Age: 50 Type of organization: Real estate development Involvement: International Council of Shop- ping Centers; board president, Friends of the Cleveland School of the Arts; Lawrence School; Greater Cleveland Sports Commission In the news: “The land business is where the company started in real estate, and it has traditionally been a profitable contributor to our results,” Mr. LaRue said in February, in announcing that Forest City would sell off much of its land business. “However, it tends to be highly cyclical and is fundamentally different from our core rental properties business, which will be our primary focus going forward.” STEVEN C. LATOURETTE U.S. representative, Republican, 14th District U.S. House of Representatives Bainbridge Township Age: 58 Type of organization: Govern- ment Involvement: House Appropria- tions Committee; Smithsonian Board of Regents; co- chairman, North- east-Midwest Coalition; former co-chair, Great Lakes Task Force In the news: Mr. LaTourette received applause from several newspapers, including USA Today, when earlier this year he, along with Democratic Rep. Jim Cooper of Tennessee, proposed a compromise U.S. budget that included both cuts in entitlement programs and tax increases as a way to decrease the federal deficit. 20120521-NEWS--22-NAT-CCI-CL_-- 5/16/2012 4:10 PM Page 1

W-8 CRAIN’S CLEVELAND BUSINESS MAY 21 - JUNE 3, 2012

Type of Organization: Government Involvement: United Way of Summit In the news: Southwest Airlines, its foundation for the “10,000 Small KeyCorp Involvement: Greater Cleveland County; Milestones Autism Organiza- which purchased Akron-Canton Air- Businesses” program, which will make Cleveland Partnership; NorTech; University tion; Leadership Akron port’s major carrier, AirTran Holdings available $15 million in loans to help Age: 56 Hospitals; BioEnterprise; Great Lakes In the news: Ms. Mayer took over as Inc., announced it would begin flights Cleveland-area small businesses Type of Science Center president Jan. 1 after the retirement from the airport under the Southwest grow. organization: In the news: “This congressional of long-time president Rob Briggs. For banner to Chicago’s Midway Airport Banking direction is good news for (NASA) eight years after law school, Ms. and Denver International Airport in LARRY MILLER* Involvement: Glenn and Ohio,” said Mr. Lugo in Mayer practiced commercial litigation August. Cleveland Clinic President remarks last fall regarding NASA’s and business law with Buckingham, Foundation; Global Cleveland budget, which Congress passed in Doolittle & Burroughs. She has worked Musical Arts Association; United Way RANDELL MCSHEPARD* Cleveland October. The budget cut funding for with GAR Foundation since 2001. of Greater Cleveland; The Financial Age: 55 NASA generally, including for certain Vice president, public affairs Services Roundtable Type of organi- space flight programs, but increased RPM International Inc. In the news: Ms. Mooney became KEVIN MCMULLEN zation: Economic funding for some science programs Medina the first female CEO of a top 20 U.S. development and for research and development Chairman, CEO Age: 47 bank last May, and she ranks No. 1 in nonprofit aimed at exploring Mars. Omnova Solutions Inc. Type of organi- American Banker’s 25 Most Involvement: Fairlawn zation: Global Powerful Women in Banking. ARI, JORI AND RICK MARON Age: 51 coatings, French-American Type of organi- sealants manufac- Chamber of DAN T. MOORE III Partners zation: Specialty turer Commerce of MRN Ltd. chemicals, wall Involvement: Northern Ohio; Center for Families President Cleveland coverings The Sisters of and Children Dan T. Moore Co. Involvement: Charity Founda- In the news: The Global Cleveland Cleveland Steris Corp.; tion; Business Welcome Center opened in February. Age: 72 Akron Tomorrow; Volunteers Unlimited; president, Poli- The center will be the focus of the Type of organi- Ideastream cyBridge organization’s effort to attract zation: R&D, In the news: In In the news: With two childhood newcomers to Northeast Ohio. acquisition entity, December, Omnova sold part of its friends, he’s formed Rid-All Green business incuba- North American commercial wall- Partnership to create an urban farm in A. MALACHI MIXON III tor covering business to J. Josephson Cleveland’s Kinsman neighborhood. Chairman Involvement: Inc., of Hackensack. N.J., ending He also joined the board of the Invacare Corp. Cleveland Clinic manufacturing at a Columbus plant. George Gund Foundation in March. Elyria Foundation; Age: Ari, 33; Jori, 30; Rick, 64 Then in March it sold its United Age: 71 Cleveland Type of organization: Real estate Kingdom-based Muraspec commercial Type of organi- State University; Invacare Corp.; Park- Involvement: Ari Maron — Downtown STEVE MILLARD wall-covering business to affiliates of zation: Home Ohio Industries Inc.; commissioner, Cleveland Alliance, ParkWorks a2e Venture Catalysts Ltd., of Man- President, executive director health care Cleveland Metroparks In the news: In November, The New chester, United Kingdom. Council of Smaller Enterprises manufacturer In the news: In March, the U.S. EPA York Times lauded MRN’s Uptown Cleveland Involvement: certified the fuel conversion system of project at University Circle for “a new RICHARD Age: 43 Cleveland Institute NatGasCar LLC, a Moore Co. portfolio downtown for the University Circle Type of organi- of Music; Sherwin- company. The NatGasCar bi-fuel con- neighborhood on the east side of the MCQUEEN zation: Business Williams Co.; version system allows vehicles to burn city.” CEO, president service, advocacy Park-Ohio Holdings Corp. either compressed natural gas or Akron-Canton Involvement: In the news: In the last year, Mr. gasoline. CHRISTINE Airport Chamber of Com- Mixon, who returned to his chairman’s AMER Plain Township merce Executives post at Invacare after recovering from FREDERICK R. NANCE Age: 51 of Ohio; Commu- MAYER* a stroke, participated in multimillion- Regional managing partner, Type of organi- nity Partnership dollar donations to the Cleveland President zation: Transportation for Arts and Culture; National Small Squire, Sanders & Dempsey LLP Clinic’s Cole Eye Institute and Case General counsel, Cleveland GAR Foundation Involvement: Akron/Summit County Business Association; Presidents’ Western Reserve University. Akron Convention and Visitors Bureau; Council Foundation; United Way of Browns Age: 40 Canton Regional Chamber of Com- Greater Cleveland Cleveland Type of organi- merce; Greater Akron Chamber; Stark In the news: COSE will partner with BETH MOONEY* Age: 58 zation: Private foundation Development Board; Walsh University investment bank Goldman Sachs and Chairman, CEO continued on NEXT PAGE ➤

Exposure Expertise Results Marcus & Millichap Cleveland is closing more investment sales transactions than any other ﬁrm in the Midwest. Below is a Sampling of Our Recent Closings. The Youngstown Business Incubator is a proud sponsor of the Columbus, OH NE Ohio MHC YSU Sustainable Energy Forum Self-Storage 300+ Sites 52,391 sf $7,000,000 $1,910,000 8.75% Cap Rate Agents: Dan Burkons, Agents: Kyle Baskin, June 4-5, 2012 Richard Schontz Jon McClellan Youngstown State University, Ohio Closed: May 1, 2012 Closed: May 1, 2012 www.ysu.edu/sef Plenary Speakers Include: Marc Gerken, President, American Municipal Power Congressman Bill Johnson (Oh-6) Akron, OH Strongsville, OH Jason Walsh, US Department of Energy Fairway Tower & Manor Walgreens Pharmacy 151 Units $3,550,000 Rhonda Reda, Ohio Oil and Gas Energy Education Program Agents: Michael Barron, 2008 Construction Daniel Frakes, General Motors Ben Baker, Agents: Scott Wiles, Josh Wintermute Erin Patton, Craig Fuller David Mordan, Dominion Transmission Closed: May 8, 2012 Closed: May 14, 2012 Craig Butler, Energy Advisor to Governor John Kasich Cynthia Powell, National Energy Technology Lab, US DOE To Access the Investment Market, Contact the Market Leader. Michael L. Glass Vice President/Regional Manager Presented in Conjunction with the Tech Belt Initiative Cleveland Office (216) 264-2050 Offices [email protected] www.MarcusMillichap.com 20120521-NEWS--23-NAT-CCI-CL_-- 5/17/2012 1:11 PM Page 1

MAY 21 - JUNE 3, 2012 CRAIN’S CLEVELAND BUSINESS W-9

Type of organi- STEPHEN D. director, United Way of Greater STEVE POTASH zation: Law Cleveland; The Cleveland Foundation; Involvement: NEWLIN Greater Cleveland Partnership; Univer- President, CEO Greater Cleveland Chairman, sity Hospitals; College Now Greater OverDrive Inc. Partnership; president, CEO Cleveland Valley View Ohio Business PolyOne In the news: Ms. Pianalto is “the most Age: 59 Roundtable; Avon Lake powerful woman you’ve never heard Type of organi- immediate past Age: 59 of,” economist Scott Sumner at The zation: eBook chairman, 50 Club Type of organi- Money Illusion, a blog about monetary distributor for of Cleveland; Cleveland Clinic; RPM zation: Specialized polymer materials, K&D Group policy, wrote recently. In a recent libraries, schools International Inc. solutions and services Willoughby panel appearance in Lexington, Ky., and retail In the news: Mr. Nance led the effort Involvement: Black Hills Corp.; Ohio Age: 55 Ms. Pianalto made headlines when she Involvement: by the Browns to secure financing for Business Roundtable Type of organization: Apartment said the U.S. economy will continue to American Library repairs to the 13-year-old Cleveland In the news: In December, PolyOne owners, managers, developers recover, but not at a pace that will Association; Browns Stadium. He also has floated completed the purchase of ColorMatrix Involvement: Ms. Paganini and Mr. bring the unemployment rate down Friends of Cleve- the idea of extending the sin tax to pay of Berea, which makes liquid colorants Price — National Apartment Associa- quickly. land Public Library; Park Synagogue; for future stadium repairs. and other plastics additives. tion; Ms. Paganini, Andrews Osborne Beachwood Country Club; CEO Forum Academy; Mr. Price — Northeast Ohio DON PLUSQUELLIC of NEOSA BRAD NELLIS* THE REV. ROBERT L. NIEHOFF Apartment Association; Mentor Harbor In the news: Mr. Potash told Crain’s Yacht Club Mayor in early 2011 that “explosive interest” Director President In the news: Insiders say K&D Group, City of Akron from libraries helped push the number NEOSA, The COSE Technology John Carroll University the owner of the largest portfolio of Akron of checkouts of OverDrive content to Network University Heights apartments in Northeast Ohio, has the Age: 62 15 million in 2010 from 8.6 million in Cleveland Age: 58 East Ohio Building — more recently Type of 2009. “In many cases institutions are Age: 49 Type of organi- marketed as 1717 E. Ninth — in its organization: shifting their budgets from print books Type of zation: Higher crosshairs for another downtown Government to digital books,” he said. organization: education apartment project. K&D in late 2011 Involvement: IT industry trade Involvement: announced plans to buy the Hanna Past president, LUIS M. PROENZA association Association of Building Annex from PlayhouseSquare U.S. Conference Involvement: Jesuit Colleges Foundation for conversion of the office of Mayors; vice President Chairman, Cuya- and Universities; building into 102 apartments, but Mr. president, Mayors The University of Akron hoga Community Georgetown Price acknowledged that K&D is “in the for Peace; Akron Tomorrow; National Akron College, IT University; National preliminary stages of another project League of Cities; Summit County Age: 67 Advisory Council; Leadership Roundtable on Church besides the Hanna.” Mayors Association Type of organi- Kent State University, Computer Infor- Management; Ohio Campus Compact; In the news: During a May press zation: Higher mation Systems; The University of Regis University SANDRA conference about a new anti-violence education Akron, Center for IT and eBusiness; In the news: “What has surprised crime unit, Mayor Plusquellic said the Involvement: Regional IT Engagement; Technology people is that I’ve said more than once PIANALTO silence on black-on-black crime needs Council on Com- Councils of North America ... that it’s been a good year,” the Rev. President, CEO to end, as does the distrust of police petitiveness; In the news: “We’re clearly in a tech Niehoff told Crain’s last summer. “We Federal Reserve that dates back decades. “Do you National Academy expansion right now,” Mr. Nellis told haven’t had to cut the budget by millions.” Bank of want that person who committed that of Science/Gov- Crain’s early this year. Data from Cleveland murder ... do you really want that ernment, University NEOSA’s quarterly survey of information KAREN M. PAGANINI* Cleveland person to go and do it again?” he was Industry Research Roundtable (GUIRR); technology companies suggest DOUGLAS E. PRICE III Age: 57 quoted as saying. “If that person does State Science and Technology Institute employment in the software sector will Type of organization: Banking it, what community do you think he’s (SSTI); STEP (Science, Technology & continue to increase. President/CEO Involvement: Past chair and life going to do it in?” continued on PAGE W-10

Our mission: To Heal. To Teach. To Discover.

At University Hospitals, we live our mission every day. From providing our patients with access to state-of-the-art technologies, innovative research and groundbreaking treatments, to delivering personalized care in a patient-focused, healing environment – our mission is at the heart of everything we do.

At University Hospitals, our mission is you.

To access our expansive network of hospitals and health centers throughout Northeast Ohio, call or visit:

1-866-UH4-CARE 1-866-844-2273 UHhospitals.org 20120521-NEWS--24-NAT-CCI-CL_-- 5/17/2012 1:12 PM Page 1

W-10 CRAIN’S CLEVELAND BUSINESS MAY 21 - JUNE 3, 2012

Economic Policy), The National Acade- Enterprises Inc. mies; Urban Serving Universities Cleveland Coalition Age: 70 In the news: Regarding Vision 2020, Type of organi- Impacting the health and economic the university’s new strategic plan that zation: Real sets lofty benchmarks for boosting estate enrollment, graduation rates and Involvement: research expenditures, Dr. Proenza American Greetings development of Northeast Ohio said, “Relevance, productivity, connec- Corp.; RPM Inc.; tivity — that’s what this is all about.” United Way; Greater Cleveland Partner- ship; Musical Arts Association; CLAIBORNE In the news: This month, Forest City “CLAY” R. RANKIN Enterprises confirmed it is seeking an investor for a potential minority stake Managing member in the ownership of 8 Spruce St., the North Coast Angel Fund tallest residential building in New York Mayfield Heights City. Forest City said it and a partner, Age: 61 National Real Estate Advisors, remained Type of organi- committed to the property and expect zation: Early to retain substantial ownership positions stage venture in it. capital fund Involvement: Chairman, SironRX GLENN RENWICK Therapeutics Inc.; President, CEO Neuros Medical Progressive Corp. Inc.; NACCO Ma- Mayfield Village terials Handling Group, a subsidiary of Age: 56 NYSE-traded NACCO Industries Inc.; Type of organi- LogicBay Corp.; board vice president, zation: Insurance The Cleveland Museum of Natural History Involvement: In the news: The 6-year-old North Fiserv Inc.; United Coast Angel Fund is invested currently Healthcare Jay A. Gershen, D.D.S., Ph.D. in 29 companies, including two new In the news: investments this year. Its most recent Progressive leads President was made on April 5 to SoMoLend, a the pack in rolling woman-owned debt-raising platform out what’s called that uses web- and mobile-based tech- usage-based insurance, or insurance nology to allow small businesses to that monitors real-time driving, Crain’s borrow money from their communities reported in January. As of early this and customers. year, the company’s Snapshot program neomed.edu had doubled its number of participants CHARLES A. RATNER to 500,000 since it began advertising Chairman, board of directors the program nine months earlier. Forest City continued on NEXT PAGE ➤

Choose excellence by enrolling in CMSD’s high-performing schools ONLY the Cleveland Metropolitan School District offers: t Five unique single-gender academies t The only S.T.E.M. school in the nation on a Fortune 500 campus t The Cleveland School of Science & Medicine, with a 100% graduation & college acceptance rate t Ohio’s first New Tech high schools t The first and only K-12 International School, located on the campus of Cleveland State University t Ohio’s first & only all-male public high school, the Ginn Academy, featured in the New York Times for its 100% promotion rate t The renowned Cleveland School for the Arts & All-City Arts Program Visit CMSD’s high-performing public schools and CMSD-sponsored charter schools: t Bilingual, gifted & special ed programs t All-City Arts programs t Numerous after-school clubs & activities t Opportunities for college credit & scholarships Enroll today Call the Student Registration Office: 216.574.8200

CHOOSE EXCELLENCE The Cleveland Metropolitan School District 20120521-NEWS--25-NAT-CCI-CL_-- 5/17/2012 2:33 PM Page 1

MAY 21 - JUNE 3, 2012 CRAIN’S CLEVELAND BUSINESS W-11

RONALD B. RICHARD Professionals; Center for Principled CHRIS RONAYNE Mentor, where it intended to build a Age: N/A Family Advocacy new fabrication center. The company Type of organization: Food and President, CEO In the news: “When you have the President said at the time that it expects to beverage The Cleveland Foundation chief justice of Ohio pointing to University Circle Inc. invest about $8 million in the new Involvement: N/A Cleveland Cleveland as a good example, that’s a Cleveland fabrication center. In the news: A German knife company, Age: 55 good sign,” Ms. Roman told Crain’s in Age: 44 Wusthof, in April launched an ad cam- Type of organi- October, speaking to the Task Force Type of organi- SCOT ROURKE paign, “Defining the Edge,” featuring zation: Nonprofit on Judicial Excellence and the Judicial zation: Nonprofit Chef Sawyer, as well as two other Involvement: Qualifications Committee, both efforts Involvement: President, CEO food innovators: Richie Nakano, owner Board chair, by the bar association to produce Cleveland-Cuya- OneCommunity and chef of Hapa Ramen, a pop-up Cleveland School good judges. Ohio’s two most recent hoga County Cleveland food stand in San Francisco, and of Science and governors have used the qualifications Port Authority; Age: 43 Camas Davis, founder of Portland Medicine; Ohio committee’s list to make appointments. Positively Cleve- Type of organi- Meat Collective in Portland, Ore. Grantmakers land; Levin Visiting zation: Nonprofit Forum; Global JOE ROMAN Committee at technology, eco- JOSEPH SCAMINACE Cleveland; NewBridge; Living Cities (a Cleveland State University; Notre Dame nomic develop- national consortium of the country’s President, CEO College; American Planning Association ment organization Chairman, CEO largest foundations and banks) Greater Cleveland Partnership In the news: It appears University Involvement: OM Group Inc. In the news: The Cleveland Foundation’s Cleveland Circle Inc. is meeting its charge to U.S. Ignite (federal Cleveland board of directors recently approved Age: 56 promote development of the East Side innovation program Age: 59 $16.2 million in grants that will support Type of organi- neighborhood: 180 new units of apart- of the National Type of organi- initiatives in the region ranging from zation: Economic ments will be available in the next four Science Foundation); Great Lakes zation: Diversified sustainable energy research to the development/ months, Mr. Ronayne told Crain’s in Science Center; Education Fund for specialty chemi- transformation of Cleveland’s public chamber of March. “At the end of the day, Greater the Greater Cleveland Aquarium; co- cals, materials schools. The foundation made grants commerce Circle Living (a program marketed by founding partner, Cleveland Social Involvement: totaling $94.1 million during 2010, Involvement: UCI and designed to improve access to Venture Partners; immediate past The Cleveland according to a Crain’s list — an amount Rock and Roll Hall affordable housing for the 50,000 board president, Friends of Cleveland Clinic; Parker more than four times that of the of Fame and employees in University Circle) is a School of the Arts Hannifin Corp.; second-largest foundation on the list. Museum; Cleveland selling point for us to revitalize urban In the news: PC World ranked Cintas Corp. Metropolitan Bar Association; United neighborhoods by putting our monies Cleveland Hopkins International Airport’s In the news: OM Group in January BARBARA K. Way of Greater Cleveland; Neighbor- where our mouth is,” he said. Wi-Fi service, which is provided by bought Rahu Catalytics Ltd., the devel- ROMAN* hood Progress Inc.; Cleveland Devel- OneCommunity, as the fourth-fastest in oper of what OM Group described as opment Advisors WALTER the country. Mr. Rourke’s nonprofit “a unique iron-ligand based chemistry” Principal, Mey- In the news: The Greater Cleveland ROSEBROUGH organization has been a leader in for use in environmentally friendly ers, Roman, Partnership is spearheading efforts to offering high-speed Internet access coatings, composites and inks from Friedberg & keep Cleveland Hopkins International a President, CEO and information technology services to Unilever Ventures and Management, Lewis LPA hub of the combined Continental and Steris Corp. area governments and nonprofits. the European venture capital arm of President, United airlines, including a campaign Mentor consumer products giant Unilever. Cleveland to get businesses and casual travelers Age: 58 JONATHON Metropolitan Bar Association to book as much travel as possible on Type of organi- ROBERT N. SCHMIDT Woodmere the airline. “What our plan will try to zation: Manufac- SAWYER Age: 61 do is explain that hubs are more turing Chef, owner Chairman, CEO Type of organization: Law expensive, but that the return is better Involvement: Many local and national The Greenhouse Cleveland Medical Devices Inc.; Involvement: Ursuline College Legal access (to air service) and more direct organizations Tavern, Orbital Research Inc.; NeuroWave Advisory Board; founding member, flights,” Mr. Roman told Crain’s in In the news: Steris Corp. in December Noodlecat Systems Inc.; Flocel Inc.; Great Cleveland Academy of Collaborative 2011. announced plans to add 100 jobs in Cleveland continued on PAGE W-12

We know the drill.

Calfee has decades of experience representing exploration and production companies, oil field service providers, pipeline companies, property owners and other industry participants in the Appalachian, Arkoma, Anadarko and Williston Basins.

And now, with the addition of energy law veteran Don Fischbach, our Energy & Natural Resources team is prepared to meet the challenges - both legal and operational - presented by the dramatic growth in drilling to and producing from the Marcellus and Utica Shales.

Calfee, Halter & Griswold LLP calfee.com

The Calfee Building | 1405 East Sixth Street | Cleveland, Ohio 44114 | 216.622.8200 20120521-NEWS--26-NAT-CCI-CL_-- 5/17/2012 1:13 PM Page 1

W-12 CRAIN’S CLEVELAND BUSINESS MAY 21 - JUNE 3, 2012

Lakes Neuro- CRAIG SHULAR City of Cleveland, BARBARA R. SNYDER launched a website — ProtectCleveland Technologies Inc. Department of Jobs.org — to protest Cleveland State Cleveland area President, CEO Port Control President University’s Campus Village project. Age: 63 GrafTech International Cleveland Case Western Reserve University The $50 million project is being con- Type of organi- Parma Age: 50 Cleveland structed by out-of-town workers. zation: Orbital Age: 59 Type of organi- Age: 56 develops control Type of organization: Govern- Type of organi- ALAN SPITZER zation: Manufac- zation: Higher systems, elec- ment, transporta- CEO tronic devices turing tion education Involvement: Involvement: Spitzer Management Inc. and medical devices; the other Involvement: American Association Elyria companies all develop medical devices Materion; Boys and of Airport Executives; Airport Council BioEnterprise; Girls Club; Junior Business Higher Age: 65 Involvement: National Small Business International North America; Airport Type of organi- Association; Small Business Technology Achievement Minority Advisory Council Education Forum; In the news: Greater Cleveland zation: Automo- Council; advisory board member, In the news: Cleveland Hopkins tive retail, real biomedical engineering departments GrafTech Interna- International Airport in December Partnership; tional in May announced a program to KeyCorp; United Way estate develop- at the University of Southern California announced Delta Air Lines would add ment and Washington University in St. Louis; buy back up to 10 million shares of its five direct flights to New York’s In the news: Case Western Reserve common stock. The company had just University in late 2011 publicly Involvement: American Institute of Aeronautics and LaGuardia Airport starting in July. The National Automo- Astronautics completed the repurchase of about 2 city, of course, also continues in its launched a $1 billion fundraising million shares of common stock. campaign. “The national outreach that bile Dealers In the news: Great Lakes NeuroTech- collective efforts to hold on to the Association; Ohio nologies of Valley View secured three Continental/United hub post-merger. accompanies a campaign like this DEBRA ADAMS SIMMONS provides a wonderful opportunity to Automobile Dealers’ Association; federal grants totaling $4.5 million that Greater Cleveland Automobile Dealers it will use to develop and test neuro- Editor ROBERT C. SMITH reach out to our alumni and learn what issues are uppermost on their minds,” Association; Committee to Restore technology products. The Plain Dealer President, CEO president Snyder said at the time. “I Dealer Rights; Lorain County Chamber Cleveland Spero-Smith Investment look forward to sharing the story of of Commerce BAIJU R. SHAH Age: 47 Advisers Inc. our growing momentum with our In the news: Spitzer Management Inc. President, CEO Type of organi- Beachwood graduates and hearing their ideas and in April announced plans to build a new BioEnterprise Corp. zation: Media Age: 59 suggestions.” dealership in Ontario, Ohio. The dealer- Cleveland Involvement: Type of organi- ship, which will have a 20,000-square- Age: 40 College Now; zation: Financial LOREE K. SOGGS* foot Chrysler building and a 16,000- Type of organi- ideastream; services square-foot Kia building, will be home zation: Biomed- BVU/CNE; City Involvement: Executive secretary to the Spitzer Motors Dealership. ical business Club; Akron Art Chairman, Cleveland Building & Construction development Museum ideastream, Trades Council STEPHEN R. SPOONAMORE* organization In the news: Ms. WVIZ/WCPN; Cleveland Involvement: Simmons in March received the YWCA’s chair, Port Age: 65 CEO Invacare; RBS 2012 Women of Achievement Award. Authority board; Type of organi- ABSMaterials Inc. Citizens/Charter In the new age of social media, Plain Ohio Bureau of Workers’ Compensation; zation: Labor Wooster One Bank; Global Dealer management also came under Motorists Insurance Group, Columbus; organization Age: 47 Cleveland; Great Lakes Science Center; fire earlier this year after longtime Greater Cleveland Partnership Involvement: Type of organi- United Way of Greater Cleveland Cleveland Browns reporter Tony Grossi In the news: A close adviser to President, zation: Advanced In the news: BioEnterprise Corp. in was removed from the beat for what Cleveland Mayor Frank Jackson, who Northshore Feder- materials February launched H.I.T. Accelerator, was referred to as an “inappropriate appointed him to the board of the Port ation of Labor; Involvement: a program designed to help health IT and unprofessional” Twitter comment. Authority in 2007, Mr. Smith — also a vice president, E4S; American companies build relationships with local member of the investment committee Ohio State Building Chemical Society; organizations that could become RICKY D. SMITH of the Cleveland Foundation — has & Construction Trades Council; Mayor NorTech Water customers. Director of airports worked to transform and reduce costs Frank G. Jackson’s Sustainability Cluster Team; at the Port Authority, especially since Cabinet; chairman, Union Construction National Groundwa- becoming chairman of the board in Industry Partnership/Apprenticeship ter Association; Ebenezer Lodge No. 33 2011. He is doing the same thing from Skills Achievement Program In the news: ABSMaterials, which has his board seat at the Ohio Bureau of In the news: The Cleveland Building & been lauded as one of the region’s Workers Compensation. Construction Trades Council in April continued on NEXT PAGE ➤ What do you look for in a law firm?

Bring morale up. About thirty stories.

Strong leadership.

Thrills bring every group together. Your employees will all feel the exhilarating g-forces. The excitement Competing in today’s business climate can feel like you’re in the jungle. of the water rides. And the powdered To survive, you need experienced advisors with the necessary legal skills and sugar of the funnel cakes. The very leadership to help guide you through even the toughest business challenges. things that make a group outing to For nearly 80 years, Walter Haverfield attorneys have taken pride in providing Cedar Point in Sandusky, Ohio unlike creative solutions that allow our clients to minimize risk while maximizing any other one. Visit cedarpoint.com/ their business opportunities. group-sales or call 1-800-448-2428 to get your discounted tickets for If this doesn’t sound like your current law firm, perhaps it’s time to start your corporate group outing today. looking for a new one.

Cleveland | 216.781.1212 | www.walterhav.com THRILLS CONNECT 20120521-NEWS--27-NAT-CCI-CL_-- 5/17/2012 1:13 PM Page 1

MAY 21 - JUNE 3, 2012 CRAIN’S CLEVELAND BUSINESS W-13

most promising and fastest-growing Involvement: Habitat for Humanity gies Pty., an Australian manufacturer Type of organization: Government Age: 46 companies, recently moved into a newly of Summit County; Greater Akron of automotive aftermarket coatings. Involvement: N/A Type of organi- renovated headquarters in Wooster. Chamber; Akron Tomorrow; Team In the news: A casualty of the zation: Manufac- The company makes what it describes NEO; Premier Inc. ROGER J. SUSTAR contentious redistricting battle, Rep. turing as a “reactive glass” that removes In the news: Under Mr. Strauss’ President Sutton saw her district carved into Involvement: impurities from water. leadership, Summa embarked on Fredon Corp. several pieces by a Republican-led National Electrical several expansion projects, including Mentor state legislature. This fall, she’ll take Manufacturers MARC A. STEFANSKI new emergency facilities in Green and Age: 68 on another incumbent, Republican Association; Medina and a new rehab hospital near Type of organi- U.S. Rep. Jim Renacci of Wadsworth, United Way of Chairman, CEO th Third Federal Savings & Loan the health system’s Akron City Hospital zation: Manufac- in the new 16 District. Greater Cleveland Association of Cleveland campus. The system also implemented turing In the news: A more than 20-year Cleveland a strategy to trim as much as $966 Involvement: THOMAS W. SWIDARSKI veteran of General Electric Co., Ms. million from its budget over the next Sylvester took over the company’s Age: 58 National Tooling President, CEO 10 years. lighting division in March of last year. Type of organi- and Machining Diebold Inc. Last summer, the company — under zation: Banking Association; Green her watch — acquired Lightech, a Involvement: JOHN M. STROPKI Alliance for Age: 53 privately held producer of advanced None Chairman, CEO Working Together; Type of organi- lighting technology, based near Tel In the news: Mr. Lincoln Electric Mentor Rotary Club; Family Business zation: Integrated Aviv, Israel. Stefanski steers Euclid Presidents Council; Leadership Lake self-service deliv- the largest savings Age: 61 County Alumni 1992 ery systems institution in Type of organi- In the news: Longtime Cleveland-area Involvement: MICHAEL Northeast Ohio, zation: Manufac- manufacturer Fredon this summer N/A SYMON which in 2011 saw more than $6 mil- turing plans to move into a new facility pur- In the news: Late Chef, owner lion in deposits, according to research Involvement: chased in late 2010 for $900,000 at last year, Diebold Lola, Lolita, B published in Crain’s annual Book of Lists. Corporate chair- a sheriff’s auction. The new facility will entered into an man, Northeast encompass roughly 65,000 square Spot integrated services agreement with Cleveland TERRY STEWART Ohio’s JDRF 2012 feet once an addition is completed. TD Bank Group, one of the largest Walk to Cure Age: 42 President, CEO financial institutions in the country, to Diabetes; Greater Type of organi- Rock and Roll Hall of Fame and BETTY provide support for its network of Cleveland Partnership; National Associ- zation: Food and beverage Museum SUTTON more than 4,400 ATMs. In the coming ation of Manufacturers; Manufacturers Involvement: Autism Speaks; Food Cleveland years, Diebold also plans to move into Alliance/MAPI; National Electrical U.S. represen- Bank NYC; Share our Strength; Urban Age: 66 a new global headquarters in Green. Manufacturers Association tative, Democrat Community Schools Type of organi- th In the news: Under Mr. Stropki’s 13 District, In the news: Credited by many as zation: Nonprofit MARYROSE SYLVESTER* watch, Lincoln Electric’s earnings U.S. House of having catalyzed Cleveland’s reputa- museum continue to climb upward in lock step Representatives President, CEO tion as a foodie mecca, Mr. Symon’s Involvement: with solid sales numbers. The company Copley GE Lighting restaurants have expanded to several Rhythm & Blues also continues to broaden its portfolio Age: 48 Cleveland continued on PAGE W-14 Foundation in through acquisitions, including the Philadelphia; the purchase last month of Weartech annual Summer International Inc., a privately held pro- Stage Concert ducer of cobalt-based hard facing and Series in Central Park in association wear-resistant welding consumables. with the City Parks Foundation in New York City; Cleveland Film Commission; Positively Cleveland; Diversity Center FRANK C. SULLIVAN of Northeast Ohio Chairman, CEO In the news: Mr. Stewart, who plans RPM International Inc. to step down at the end of next year, Medina oversaw a $35 million capital cam- Age: 51 paign by the museum that resulted in Type of organi- $6.9 million worth of renovations as zation: Specialty well as the opening of the Rock Hall’s coatings library and archives. The Rock Hall Involvement: also held its 2012 induction ceremony U.S. Chamber of in Cleveland. Commerce; The Cleveland Founda- THOMAS tion; Rock and Roll Hall of Fame STRAUSS and Museum; Ohio Business Round- President and table; the Greater Cleveland Partnership CEO In the news: Mr. Sullivan most often Summa Health appears in news stories about the System continuation of RPM International’s Akron long-standing dividend and frequent Age: 59 acquisitions, including the recent Type of organization: Health care acquisition of HiChem Paint Technolo-

Congratulations Bob Smith! Who’s Who in Northeast Ohio HOW DO YOU BECOME THE #1 SMALL BUSINESS LENDER THESE DAYS? YOU ACTUALLY LEND MONEY. For the third year in a row we’ve proven our commitment to small businesses by being the number one SBA lender in our region. In fact, we’ve lent four times the dollar amount as any other lender in our region during 2011. Plus, beginning in 2010, we committed to lend $4 billion over We want you to succeed. a three year period. So, let’s talk about how we can help your business. Come in or call us at 1-800-480-BANK. Wealth Management Investment Strategy Financial Planning

sperosmith.com (216) 424-6266 Huntington is the #1 SBA 7(a) lender in the region made up of Indiana, Kentucky, Ohio, Michigan, West Virginia and Western PA. Source: U.S. SBA from October 1, 2008, through September 30, 2011. Comparative information related to number and dollar amounts of loans provided by Huntington is based on U.S. SBA data from October 1, 2010, through September 30, 2011. Member FDIC. ¥®and Huntington® are federally registered service marks of Huntington Bancshares Incorporated. Huntington.® Welcome.TM is a service mark of Huntington Bancshares Incorporated. ©2011 Huntington Bancshares Incorporated. 20120521-NEWS--28-NAT-CCI-CL_-- 5/17/2012 2:35 PM Page 1

W-14 CRAIN’S CLEVELAND BUSINESS MAY 21 - JUNE 3, 2012

locations throughout Northeast Ohio. Of Fame and Museum’s library and Type of organi- note, Mr. Symon’s B Spot is one several archives to its Metro Campus in Cleve- zation: Economic restaurants housed in the new casino. land. Under Dr. Thornton’s leadership, development the college this year also received the Involvement: JASON THERRIEN largest private gift in its history — a $3 Cleveland Orchestra; million gift from music industry veteran ideastream; President Tommy LiPuma. Baldwin-Wallace thunder::tech College; Business Cleveland Volunteers Age: 33 TOM TYRRELL Unlimited; Presidents’ Council Foundation Type of organi- Managing partner, Collaborx In the news: Mr. Waltermire has zation: Marketing Chairman, senior adviser, played a key role in embracing Team Involvement: Segmint Inc. NEO’s new role as the JobsOhio partner Youth Opportuni- Senior advisory partner, Glengary LLC for Northeast Ohio and in helping the ties Unlimited Richfield state economic development effort (Y.O.U.); Positively Age: 67 achieve its potential. Cleveland Type of organi- SHARED OWNERSHIP OPTIONS In the news: Mr. zation: Investor, DONALD E. WASHKEWICZ Therrien’s agency, business adviser NOW AVAILABLE FOR HAWKER 800XP. which employs about 30, has achieved Involvement: CEO, chairman, president the integrated marketing agency model Great Lakes Bio- Parker Hannifin LUXURY, CONVIENCE AND SAFETY FOR LESS THAN CHARTER COST while remaining relatively small. “There mimicry; Lorain Mayfield Heights are budgetary pressures, and time and County Community Age: 61 resource pressures,” Mr. Therrien said College Founda- Type of organi- in a recent interview with Crain’s. tion; Akron zation: Manufac- 877-AIR-EXC1 (877-247-3921) “Clients, too, don’t have time to deal ArchAngels; NorTech; Cuyahoga Valley turing e-mail: [email protected] with 10 different agencies.” Initiative Involvement: FlyAirExcellence.com In the news: One of the ventures with Greater Cleveland JENNIFER THOMAS which serial entrepreneur Mr. Tyrrell is Partnership; involved, Segmint Inc., announced late National Fluid Program director, Akron Power Association The John S. and James L. Knight last year that it had plans to expand and move to Akron from nearby Tall- Education Foundation Committee; National Association of Akron madge. Under a deal with that city’s You are Cordially Invited council, Segmint — which offers a digi- Manufacturers; National Society of Age: 47 Professional Engineers To an Important Educational 401(k) Webinar Type of organi- tal platform that analyzes customers’ spending patterns — must maintain op- In the news: Bloomberg has reported zation: Nonprofit that Berkshire Hathaway Inc.’s Warren • Fee Disclosure - What you need to have done Involvement: erations in Akron for at least five years, by August 31, 2012 lease 6,000 square feet downtown and Buffet said in his annual letter to share- University Park holders on Feb. 25 that he was “on the • invest $50,000 in improvements. A Fiduciary Guide to Target Date Funds Alliance; board prowl” for large deals after spending observer, Austen • What 10 things your Investment Advisor “should” GIL VAN BOKKELEN more than $35 billion on companies be doing for you BioInnovation including Lubrizol Corp. in Wickliffe. The Institute; board CEO news service went on to identify Parker When: Friday,June8,8:30Ͳ9:30am observer, Athersys Inc. Hannifin as “among 21 U.S. companies RSVP:Christine.Smetana@LFG.com forURLLogin&OutlookReminder NorTech; Engage! Cleveland Cleveland that meet the acquisition criteria in In the news: The Knight Foundation Age: 51 Berkshire’s annual report.” recently awarded BVU: The Center for Type of organi- Nonprofit Excellence, formerly Busi- zation: Biophar- ZEV WEISS ness Volunteers Unlimited, a $400,000 maceuticals grant to prepare young professionals in Involvement: CEO Speakers: Akron for service on nonprofit boards. Chairman, Alliance American Greetings Corp. BobKaplan, CFP,CPC,QPA,APAINGRetirementServices Ms. Thomas said the Knight Foundation for Regenerative Brooklyn Age: 45 JohnM.Kutz,ARPCLeggMason&Co. hopes “this program will engage our Medicine; chair- Type of organi- JamesR.Schaffer,Jr.AIF,CRPC WaypointPartners next generation of talent in Akron by man, National providing them with the skills and ca- Center for Regen- zation: Consumer products/services James R. Schaffer Jr. is a registered representative of Lincoln Financial Advisors pacity to strengthen Northeast Ohio.” erative Medicine; Ohio Mathematics Corp. Securities and Investment Advisory services offered through Lincoln and Science Education Policy Advisory Involvement: Financial Advisors Corp., a broker/dealer (member SIPC). Lincoln Financial Group C. LEE THOMAS* Council United Way of is the marketing name for Lincoln National Corp. and its affiliates. Branch Office: In the news: Earlier this year, Athersys Greater Cleveland; 28601 Chagrin Blvd #300, Cleveland, OH 4122 Branch Phone: (216) 765-7400 Cleveland office managing partner Yeshiva University; CRN 201204-2067222 Ernst & Young LLP Inc., which specializes in adult stem cell therapy, said it would raise $9 million in Fuchs Mizrachi Cleveland School Age: 57 private placement financing through a stock offering. Additionally this year, In the news: American Greetings, Type of organi- which has plans to move its headquar- zation: Account- the company received $3.6 million in grants to advance its MultiStem ters to Westlake, reported last month a ing, advisory firm fourth-quarter loss compared to a year- Involvement: regenerative medicine product and cell therapy platform. earlier profit. It’s forecasting flat revenue Baldwin-Wallace for fiscal 2013 compared to fiscal College; Greater 2012, which ended Feb. 29. Cleveland Partner- DANIEL P. WALSH JR.* ship; Greater President, Greater Cleveland Region FRANZ WELSER-MÖST Cleveland Sports Huntington National Bank Commission; Leadership Cleveland, Cleveland Music director class of 2012 Age: 43 Cleveland Orchestra In the news: Ernst & Young’s new Type of organi- Cleveland office tower is slated to open in 2013 zation: Banking Age: 51 as part of the Flats East Bank Neigh- Involvement: Type of organi- borhood. Global Cleveland; zation: Music, chairman, North- conductor JERRY SUE THORNTON east Ohio chapter, Involvement: Arthritis Founda- General music President tion; Positively director, Vienna Cuyahoga Community College Cleveland; Play- State Opera; Vienna Cleveland houseSquare; Rock and Roll Hall of Philharmonic Age: 65 Fame and Museum In the news: Type of organi- In the news: Thanks, in part, to Long known as one of Northeast Ohio’s zation: Higher Huntington’s expansion in Cleveland cultural gems, Mr. Möst helps lead the education under Mr. Walsh, Huntington is on track orchestra in variety of performances at Involvement: to be Ohio’s largest bank by the end of home and worldwide. Rock and Roll 2012, in terms of the number of Hall of Fame & branches it will have. The bank should PAUL Museum; United complete the opening of 103 branches Way Services of WESTLAKE in Giant Eagle grocery stores this year. Greater Cleveland; Managing partner Greater Cleveland Partnership; University Westlake Reed Leskosky Hospitals; Playhouse Square Foundation TOM WALTERMIRE Cleveland In the news: Cuyahoga Community CEO Age: 59 College opened a new campus in Team NEO Type of organization: Architect Westlake last spring and this spring Cleveland Involvement: Maltz Museum of Jewish welcomed the Rock and Roll Hall of Age: 62 continued on NEXT PAGE ➤ 20120521-NEWS--29-NAT-CCI-CL_-- 5/17/2012 3:29 PM Page 1

MAY 21 - JUNE 3, 2012 CRAIN’S CLEVELAND BUSINESS W-15

Heritage; Musical ERIC WOBSER* United Way; Uni- mittee; Cleveland million Ahuja Arts Association versity Hospitals; Housing Advisory Medical Center in (Cleveland Orches- Executive director Cleveland Devel- Board Beachwood and tra); Blossom Ohio City Inc. opment Advisors In the news: Mr. $260 million Board of Over- Cleveland In the news: The Yablonsky is Seidman Cancer seers; Nine-Twelve Age: 33 Flats East Bank is seeking to win Center on Euclid Committee; former Type of organi- a retail, office and additional rehabili- Avenue, among board chair, Cleve- zation: Commu- hotel develop- tation of historic other projects. land Arts Prize nity development ment by the Wol- buildings to Mr. Zenty also In the news: Mr. Westlake is overseeing Involvement: stein Family and Fairmount Properties adaptive reuse projects and boost recently announced the health a new commission for the comprehen- N/A of Cleveland. The first phase, under downtown housing opportunities. He system was in the final stretch of its sive renovation of the Smithsonian Insti- In the news: Mr. construction, is a $275 million pro- also is helping to get the Canal Basin $1 billion fundraising campaign, tution’s Renwick Gallery. Mr. Westlake’s Wobser and his ject. The planned riverfront develop- Park in at the north end of the 110- having already raised more than $900 firm, along with content developer staff are aggres- ment is slated to include an 18-story mile Ohio and Erie Towpath Trail. million. Barrie Projects, also was involved in sively trying to office tower, 150-room Aloft hotel, a the construction and design of the new leverage the centennial of the West 16,000-square-foot health club and THOMAS F. ZENTY III HOW THEY WERE SELECTED National Museum of Organized Crime Side Market into economic advance- 1,200-foot boardwalk on the river. CEO There were no specific criteria used and Law Enforcement in Las Vegas. ments in the historic neighborhood University Hospitals in selecting the “Who’s Who: 150 names known for microbreweries, good TOM YABLONSKY* Cleveland to Know,” nor were they chosen through ED WESTON times and a rising population of young Executive vice president Age: 57 a selection or nomination process. people in condos and rentals. Director Downtown Cleveland Alliance; Type of business: Health care Rather, the editorial staff collectively Great Lakes Wind Network SCOTT WOLSTEIN Historic Gateway Neighborhood; Involvement: American Hospital gathered the names, taking into Cleveland Historic Warehouse District Association; Coalition to Protect consideration each person’s role in Age: 60 Principal, CEO Cleveland America’s Health Care; Ohio Business Northeast Ohio and that of their orga- Type of organi- Wolstein Group Age: 56 Roundtable; Cuyahoga Community nization. An effort also was made to zation: Manufac- Beachwood Type of organization: Nonprofit College Foundation; Greater Cleveland include a range of people, businesses turer network Age: 59 Involvement: Chairman, Ohio and Partnership and industries. Involvement: Type of organization: Real Erie Canalway Association; vice chair- In the news: Under Mr. Zenty’s lead- For space considerations, profes- N/A estate, private equity investor man, Ohio Canal Corridor; Heritage ership, the health system embarked on sional and civic organization involve- In the news: “I Involvement: Co-chair, Help Malawi; Ohio; Cleveland City Planning Commis- a $1.2 billion capital and construction ment was limited to five listings per would describe my Case Western Reserve University; sion’s Downtown Design Review Com- program that resulted in the $298 person. mood as sober. I’m not depressed and I’m not angry,” Mr. Weston said earlier this year. “This train has been coming and it’s getting closer, but you have to deal with what it is.” Mr. Weston was referring to a federal production tax credit on wind energy investments that has helped boost the return that developers receive from wind energy projects. It is set to expire on Dec. 31 of this year if there is no legislative intervention. BRAD WHITEHEAD President Fund for our Economic Future Cleveland Age: 52 Type of organization: Nonprofit focused on regional economic competitiveness Involvement: CMSD Rows; U.S. Rowing Associa- tion; Ohio Venture Capital Authority; participated in founding for four other economic development intermediary groups such as JumpStart In the news: “The pressures are moving from the abstract to reality,” Mr. Whitehead said earlier this year. “I believe we’re going to see an accelera- tion of a total quality management effort in government and also collabora- tions will accelerate. … We’re playing for keeps now.” Mr. Whitehead’s nonprofit advocates for collaboration among governments. BILL WILLS* Co-host WTAM “Wills and Snyder in the morning” Independence Age: 48 Type of organization: Media Organizations: Guidestone; Coats for Kids; Recovery Resources; Oasis of Hope In the news: Mr. Wills questions numerous public officials and others in the course of the year. This year, he already has interviewed Mitt Romney, presumptive Republican |nominee, and he’s also hoping for the opportunity to interview President Barack Obama. 20120521-NEWS--30-NAT-CCI-CL_-- 5/17/2012 2:58 PM Page 1

30 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012 Canton: Nearby areas benefit, too

continued from PAGE 1 and North Dakota to get them to public affairs at the chamber. His standpoint, it’s like drinking from Ohio. business card specifically reads a fire hose,” said Canton Mayor “Canton REGIONAL Chamber of William J. Healy II. “The city of Dig that rig Commerce,” with the capital letters Canton has not had an opportunity The wet Utica shale covers nearly to emphasize his point. of this magnitude for 60 years, and the entire eastern half of Ohio, and That cooperation appears to be if we don’t take advantage of it, it Stark County, which includes working. will be a huge mistake.” Canton, already is getting its first Companies such as Lancaster, The city is going all out, Mayor well. Chesapeake has a rig about 15 Pa.-based Rettew and Dayton-based Healy said, and in March trade- miles east of Canton, and two weeks CESO, both engineering firms marked the name “Utica Capital” to ago it began what should be a 30- serving oil and gas drillers, have set help cement its role and to tell the day operation to drill a well that will up offices in North Canton and industry that Canton is a friendly go down about 8,000 feet and outward Canton, respectively. Chesapeake place to land. another 6,000 feet in search of plans to open an equipment yard in The big gorilla that many compa- hydrocarbons. nearby Louisville, while keeping its nies are aping is Oklahoma City-based Talking to the folks who live and three Canton offices as well, Mayor Chesapeake Energy Corp., which work around that rig gives an Healy reports. Pittsburgh-based set up shop in Canton last August inkling of what’s to come, for both Dawood Engineering also has and already employs about 300 the city dwellers of Canton proper opened an office in Canton, Mr. people in and around the city. It has and the suburban and country folk Kaminski said. attracted other businesses, often who live nearby, as drilling takes A regional approach is working those that serve or supply Chesa- hold in the Canton area. for the benefit of everyone, according peake, to locate nearby. Landowners around Chesapeake’s to Mayor Healy. That’s a big reason that Meadville, rig say the company, so far at least, “In many cases, they’re not Pa.-based Moody & Associates, an has been careful to tread lightly on landing within the city of Canton’s engineering and consulting firm their properties. When the rig’s well borders, but I can rattle off many specializing in issues around water is opened, the landowners expect to cases where they’re within a mile or use and management, opened an receive as much as $400 a month in two of our border, and that benefits office on Whipple Avenue in North royalties for each acre they own. the citizens of Canton,” Mayor Canton early this month, said Ken For a 40-acre farm, such as Healy said. Cramer, the company’s district Foxdale Farm about a mile south of “We’re seeing true collaboration manager. Moody hopes not only to the rig, the royalty payoff could be and I’m having conversations with serve Chesapeake, but also other nearly $200,000 a year. That’s people from Jackson Township, companies, landowners and local money Foxdale owner Dale Meyers North Canton and other places,” governments that are grappling said he never counted on when he he said. “(Canton) might not have with issues surrounding the envi- bought the place more than 20 everything these companies need, ronment and the immense water years ago, but that he’ll be more but we’re trying to find out who needs of the shale gas industry. It’s than happy to receive. does.” looking to hire 20 people for the About a mile farther south, The region also has a common office this year. Dutchcraft Truss & Metal makes draw that a number of communities “We chose Canton for a couple of trusses for construction and con- can use — Akron-Canton Airport. reasons,” Mr. Cramer said. “One, it’s structs pole barns and other build- It’s a definite attraction, said Mr. directly adjacent to where the ings. Owner Reggie Stoltzfus said his Kaminski and others, because it offices of the producers are, so it business began picking up about a offers direct flights to important STEPHEN HERRON makes communication and coordi- year ago — about the time many destinations and is centrally located Another look at Chesapeake’s rig in Minerva, Ohio nation of projects with the producers landowners were signing mineral and easy to use. Combined with pretty easy. The second reason we rights leases and collecting the Interstate 77 and a good network announced by Timken Co. for its “We believe there’s a good chose Canton was its proximity to bonus checks that came with them. of local railroads, the airport rounds Canton Steel works, an expansion of employment pool here,” said Mr. the wet gas portion of the Utica Landowners, especially farmers, out Canton’s transportation options, MarathonOil’s local refinery and Cramer, Moody’s district manager, play, where most of the drilling is often invest their newfound wealth and was one of the items that got additions at the city’s large hospi- who added that he hopes Kent State going to take place.” into new equipment, Mr. Stoltzfus federal money for improvement tals. University and the University of For those who have been living said, and then they need a new over the last few years, Mayor Healy Canton also cracked down and Akron will provide some of his under a rock that does not some- building in which to keep it. said. both lowered its crime rate and firm’s future geologists. how hold gas or oil, Mr. Cramer was “We’re definitely feeling it,” he Strike up the band increased its graduation rate. Only And the dance for Canton and the referring to shale that contains not said. about 52% of students were gradu- surrounding area has just begun, just natural gas, but oil and other It has helped, the mayor said, In unison: Shale yeah! ating from the city’s schools in 2003, according to various observers. liquids, many of which are used that Canton dressed itself up just in compared to more than 80% today, “I think a lot of people are still as feedstock by the petrochemical City economic development offi- time for the big dance. Mayor Healy boasts. circling and figuring out where industry. cials say while they work mostly on The mayor estimates the city “Now, when companies look at to land,” said Mr. Kaminski of the As natural gas prices have plum- attracting businesses into Canton probably received about $200 mil- Canton because of the oil and gas regional chamber. meted, due largely to the amount of proper, they’re just as happy to see lion in federal investments over the thing happening, they’re not looking Mayor Healy added, “This indus- the stuff coming out of shale rock local residents and existing busi- past four years as part of the govern- at Canton and saying, “I want to stay try is just scratching the surface. We throughout the United States, the nesses benefit. They also don’t mind ment’s efforts to boost the U.S. away from there,’” the mayor said. know there’s a tremendous amount price of oil and other liquids has when a business chooses to locate economy with infrastructure That’s important now and will be of activity still to come. From every- held firm. The latter situation has in the rural areas outside of town or spending. On top of that, he esti- in the future. Companies such as thing the industry is telling us, this made Ohio’s Utica shale and its even in nearby North Canton, where mates private businesses have Moody say they not only want to be is just the first wave of activity and so-called “wet gas” a popular play Moody set up shop. invested about $1 billion in the city close to producers, clients and an the big wave hasn’t come yet. I really for drillers, who are pulling their rigs “We all cooperate,” said David over the same timeframe, including airport and highway system, but believe this is a defining moment out of places such as Pennsylvania Kaminski, director of energy and a recent $225 million investment also close to a pool of viable labor. for our city.” ■

Supply: Drillers often seek locally made products for operations

continued from PAGE 3 ture’s Rural Business Enterprise organize it,” said Rhonda Reda, Mr. Duritsky said. “We know that going to put your line in and catch wants more, including from indus- Grant program awarded $100,000 executive director of the Ohio Oil many of the exploration and produc- something, and it costs you nothing,” trial areas such as Greater Cleveland to Mr. Miller’s nonprofit Ohio Shale and Gas Energy Education Program, tion companies and service pro- Mr. Miller said. that might not see much drilling Energy group last November for the based in Granville. “This is some- viders are committed to sourcing as Ms. Reda agrees, and said drillers but still could supply the industry. supplier database. The money will thing that’s going to impact a sig- many products locally as possible. in particular often use services Mr. Miller said he hopes his site can fund the effort through June, said nificant portion of the state.” A directory allows us to meet this that most would not have guessed grow the way previous supply chain Mr. Miller, who hopes to secure Jacob Duritsky thinks the direc- need and help them continue to they’d need. For example, each databases have done. For instance, private money from the oil and gas tory is a good idea. Mr. Duritsky is invest in the state.” well site where they operate the Great Lakes Wind Network lists industry to sustain the database. director of business attraction for Mr. Miller is urging businesses — requires not just excavation to pre- more than 1,000 companies nation- the business recruiting nonprofit even in Cleveland, where the shale pare it, but heavy landscaping wide that want to provide services You never know … Team NEO, based in Cleveland, and play is less evident — to participate afterward. to the wind energy sector. More than No promise has been made, but serves as that organization’s point in the directory. He said many busi- “They are going to need some- 400 already have found customers Mr. Miller has support from at least man on the shale gas industry. nesses that don’t think they have a one to help build their pads, they’re in that industry, according to Mr. some in the industry, as well as “A shale supply chain directory connection to the industry should going to need someone to build Miller, who worked closely with the those not directly involved in the oil would be a very effective tool that sign up, because they might not their lease roads, they need land- Cleveland-based wind network to and gas business but who are working would help Ohio companies bene- realize how energy companies could scaping, they need local people to plan his own effort. to help it grow in Ohio. fit from the tremendous opportunity use their products and services. haul water to their locations,” Ms. The U.S. Department of Agricul- “We participated and helped him that the Utica shale play presents,” “You never know when you’re Reda said. ■ 20120521-NEWS--31-NAT-CCI-CL_-- 5/18/2012 4:11 PM Page 1

MAY 21 - JUNE 3, 2012 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 31 Identity: Changes would not require construction alterations

continued from PAGE 1 Single-vendor showrooms — the any revenue that could come from a tion Center” — where the words template for a traditional merchan- sale of those rights. “Medical Mart” are in a type size dise mart — were at the top of the Changing the name or the thrust about 50% larger than the words list he described to County Council. of the medical mart could raise the “Convention Center” — Mr. Bennett But his presentation also included ire of people who’ve been skeptical said that at the very least the two four other tenant options. Among about the project from its beginning building names likely will be trans- them: more than six years ago. Indeed, posed on marketing materials. ■Collaborative, multivendor areas, when Brian Casey, the project’s “We are certain now that this look which could be thematic areas that general manager, shared with Scene has several disadvantages; it’s con- show off state-of-the-art patient magazine last fall his sense of what fusing to the convention business,” exam rooms or the operating room the market was looking for from the Mr. Bennett said. of the future, where a lead sponsor medical mart, it brought on the Mr. Bennett said sales represen- might bring a group of vendors wrath of a couple citizens groups tatives from MMPI and Positively together; that tried unsuccessfully to put on Cleveland — the city’s convention ■ Learning spaces, perhaps led the ballot a repeal of the one-half and visitors’ bureau — who are by Cuyahoga Community College percentage point county tax that PHOTO PROVIDED selling the complex as a meeting or or another institution with strong finances the convention center and An early artist’s rendering of the Cleveland Medical Mart convention site to groups outside health care training programs. This medical mart complex. Mr. Casey the market “really find (the current space also could house programs subsequently backed off some of his name) unhelpful. from companies with new products comments. “We’ve had some people ask if to introduce to the market. Mr. Cuyahoga County Executive Ed there are sick people in the medical Bennett illustrated this concept by FitzGerald was annoyed that he read mart,” he said. suggesting a biosimulation lab that about the changes in the media. pharmaceutical companies use to “When it’s a public project with ‘Health innovation center’? conduct programs that try to predict public dollars, a private organization Since his arrival, Mr. Bennett has the success or failure of a new drug; may not think twice about adjusting formed an advisory board consisting ■ Early stage company show- its business model,” The Plain Dealer largely of medical industry execu- rooms, where young, medical-related quoted Mr. FitzGerald as saying last tives outside Cleveland to provide companies such as the portfolio Oct. 8. “But when you’re in a public, input into what could make the companies of BioEnterprise could taxpayer system, you have to com- medical mart component of the showcase products they are devel- municate.” complex a winner. Baiju Shah, pres- oping. Mr. Bennett said, for example, Officials in Mr. FitzGerald’s office ident and CEO of biotechnology that he has talked to trade represen- did not respond to three calls last assistance group BioEnterprise Corp. tatives from China and Israel in Friday, May 18. ■ in Cleveland and a member of that recent days and both expressed an board, said Mr. Bennett is absorbing interest in showcasing their early ideas from meeting with leaders of stage companies at the medical mart; companies such as GE Healthcare and Systems, IBM, Johnson & Johnson ■ Public areas on the first floor. and medical device giant Medtronic This space isn’t suitable for demon- Inc. strating medical equipment, though “The industry advisory board Mr. Bennett would like to find a that’s been assembled is providing medically related use because of the interesting visions and ideas of what dramatic 17-foot high ceilings. It’s they would like to see potentially also likely the first floor will have done with that building,” Mr. Shah space devoted to a restaurant and said. “That is leading (Mr. Bennett) to some retail. react to the customer and come A delicate process up with some new ideas, but it’s basically an evolution of the original Mr. Bennett, who specialized in ideas.” the health care field during his long Mr. Shah said some of those career with the McKinsey consul- officials have suggested to Mr. tancy, told Crain’s that tenants in Bennett that the building be branded the other four categories could end something other than a medical up taking up most of the leasable mart because that brand “might not space in the 235,000-square-foot describe what the industry wants.” medical mart building. Among the names thrown at Mr. Mr. Bennett said none of the Bennett has been “health innova- ideas he is considering would require tion center.” changes in construction because only the corridors on the upper Roster of options floors of the building are structurally Mr. Bennett’s comments to Crain’s significant. The rest of the space can grew out of a May 8 presentation he be divided flexibly. made to Cuyahoga County Council Regardless of what name goes explaining how he and his staff will on marketing brochures for the be selling the complex. He presented complex, the development agreement to County Council five options for between the county and MMPI how space might be used in the gives the county naming rights to new, four-story building. the complex itself and the right to

Tough Economic Times Require sensible business solutions. Carey Roofing has provided sensible solutions for commercial and industrial roofing problems since 1946.

216•881•1999 www.careyroofing.com CAREY founded in 1946 Roofing Corp. MEMBER: National Roofing Contractors Association 20120521-NEWS--32-NAT-CCI-CL_-- 5/18/2012 8:23 AM Page 1

32 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012 LARGEST INVESTMENT ADVISERS

RANKED BY ASSETS UNDER MANAGEMENT LOCALLY(1)

Total regulatory assets under Minimum Company management Total number individual Portfolio Address locally of local account analysts on Chief investment Rank Phone/Website (millions)(2) accounts (thousands) staff Compensation for services officer Top local executive CBiz Financial Solutions Inc., dba CBiz Retirement Plan Services Fixed fees, percentage of 1 6050 Oak Tree Blvd. S., Suite 500, Independence 44131 $3,233.4 144 $1,000.0 5 assets under management and Brian Dean Luke F. Baum (216) 447-9000/www.cbiz.com commissions president Glenmede Trust Co. Fee based on assets under Frank I. Harding III 2 25825 Science Park Drive, Suite 110, Beachwood 44122-7315 $2,454.5 1,865 $3,000.0 6 management and strategies Gordon B. Fowler managing director; (216) 378-2900/www.glenmede.com employed Jr. director, Ohio office CM Wealth Advisors Inc. 3 30195 Chagrin Blvd., Suite 250, Pepper Pike 44124 $1,819.9 83 $2,000.0 NA Percentage of assets under James W. Wert James W. Wert (216) 831-9667/www.cmwealthadvisors.com management, fixed fees president, CEO MAI Wealth Advisors LLC Fee only based on assets 4 1360 E. Ninth St., Suite 1100, Cleveland 44114 $1,763.7 616 $500.0 9 under management or set fee Gerald H. Gray Richard J. Buoncore (216) 920-4800/www.maiwealth.com for non-investment services managing partner HPM Partners LLC Irvin A Leonard 5 600 Superior Ave., Suite 1000, Cleveland 44114 $745.6 73 $3,000.0 NA Fee only Douglas C. Nardi managing partner, (216) 687-0700/www.hpmpartners.com chairman Fairway Wealth Management LLC Daniel R. Gaugler 6 6055 Rockside Woods Boulevard, Suite 330, Independence 44131-2317 $701.5 105 $2,000.0 6 Fee only, based on assets Mark S. Weiskind CEO, (216) 573-7200/www.fairwaywealth.com and/or scope of services managing director Sequoia Financial Advisors LLC Percentage of assets under 7 121 S. Main St., Suite 300, Akron 44308 $541.1 2,211 $0.0 2 management, fee and Thomas A. Thomas A. Haught (330) 375-9480/www.sequoia-financial.com commission Haught president McDonald Partners LLC 8 959 W. Saint Clair Ave., Cleveland 44113 $428.7 1,726 NA 2 Fee and commission Bill Hegarty Thomas McDonald (216) 912-0567/www.mcdonald-partners.com president, CEO MGO Investment Advisors Inc. 9 1301 E. Ninth St., Suite 1400, Cleveland 44114 $419.0 2,035 $15.0 4 Percentage of assets under Michael Bradford Michael Moskal (216) 771-4242/www.mgo-inc.com management Moskal president Cornerstone Capital Advisors Mark W. Fearigo 10 1507 Boettler Road, Suite G, Uniontown 44685 $363.9 1,024 $100.0 2 Fee only Mario C. Giganti principal, (330) 896-6250/www.ccadvisors.com trusted advisor Altus Wealth Advisors LLC 11 6120 Parkland Blvd., Suite 303, Mayfield Heights 44124 $360.0 50 $5,000.0 2 Fee only based on assets David W. Ron E. Bates (216) 925-5670/www.altuswealthadvisors.com under management or fixed fee Sommer president, CEO Inverness Holdings LLC 12 One Chagrin Highlands, Suite 440, Beachwood 44122 $253.1 300 $750.0 11 Fee and commission Jeffrey van Richard B. Renner (216) 839-5130/www.invernesswealth.com Fossen principal Scott Snow (financial advisors) LLC 13 24601 Center Ridge Road, Suite 175, Westlake 44145 $240.0 59 $1,000.0 2 Fee only Scott P. Snow Scott P. Snow (440) 871-7669/www.s2fa.com managing director Rehmann Financial 14 1340 Depot St., Suite 205, Rocky River 44116 $236.5 4,200 $250.0 11 Fee or commission Jeffrey Phillips Joseph P. Heider (440) 356-4520/www.rehmannfinancial.com managing principal Aurum Wealth Management Group LLC Eric N. Wulff, Christopher 15 6685 Beta Drive, Mayfield Village 44143 $198.0 93 $1,000.0 2 Fee only NA D. Bart, managing (440) 605-1900/www.aurumwealth.com directors, principals Paradigm Wealth Management LLC 16 27865 Clemens Road, Suite 1A, Westlake 44145 $91.4 52 $500.0 2 Percentage of assets under William Keller Douglas C. Kuhlman (440) 892-5900/www.paradigmwealthmgmt.com management managing partner Willow Street Advisors LLC 17 198 W. Portage Trail Ext., Suite 105, Cuyahoga Falls 44223 $88.6 58 $1,000.0 1 Fee only, percentage of assets Richard H. David B. Kearns (330) 923-3038/www.willowstreetadvisors.com under management Stevens managing director, Ohio Source: Information is supplied by the companies unless footnoted. Crain's Cleveland Business does not independently verify the information and there is no guarantee these RESEARCHED BY Deborah W. Hillyer listings are complete or accurate. We welcome all responses to our lists. Individual lists and The Book of Lists are available to purchase at www.crainscleveland.com. (1) Companies that are registered with the SEC as investment advisers but do not have full control over where their clients' money is invested are included in the Investment Advisers list. This criteria is in keeping with the standard used by our sister publication, Pensions & Investments. (2) As of the most recent ADV filed with the SEC. FINANCIAL PLANNERS RANKED BY ASSETS UNDER MANAGEMENT LOCALLY

Vantage Financial Group Inc. Carl M. Ferrazza managing partner, chief 4 6200 Rockside Road, Suite 100, Cleveland 44131 $862.0 $776.0 11.1% 9,000 NA 3 Fee and commission Carl M. Ferrazza investment officer, (216) 642-7878/www.vanfin.com treasurer Carver Financial Services Inc. 5 7473 Center St., Mentor 44060 $653.3 $643.0 1.6% 2,107 $350.0 5 Fee and commission Randy Carver (440) 974-0808/www.carverfinancialservices.com president 212 Capital Group 6 22901 Millcreek Blvd., Suite 360, Highland Hills 44122 $635.0 $613.0 3.6% 19,486 $10.0 NA Compensation for all Curt Lindsay Curt Lindsay (216) 595-0123/www.212capitalgroup.com services Rich Sacui managing partner NCA Financial Planners 7 6095 Parkland Blvd., Suite 210, Cleveland 44124 $585.6 $465.8 25.7% 2,500 $250.0 NA Percentage Dennis P. Lehman Kevin H. Myeroff (440) 473-1115/www.ncafinancial.com president, CEO Beacon Financial Partners LLC 8 25800 Science Park, Suite 200, Beachwood 44122 $564.0 $503.0 12.1% 2,300 NA 2 Fee and commission Dale Rubin Gregory G. Randall (216) 910-1850/www.beaconplanners.com managing partner $ 20120521-NEWS--33-NAT-CCI-CL_-- 5/18/2012 8:23 AM Page 1

MAY 21 - JUNE 3, 2012 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 33

Total assets under management locally (millions) Total Minimum Company number of individual Portfolio Address Dec. 31, Dec. 31, % local account analysts on Chief investment Rank Phone/Website 2011 2010 change accounts (thousands) staff Compensation for services officer Top local executive Raymond James Financial Services Inc. Belden Percentage of assets under 9 4158 Munson St. NW, Canton 44718 $440.0 $440.0 0.0% 900 $100.0 NA management, based fees, NA Randy McGill (330) 493-0777/www.rjbelden.com trail commissions branch manager, owner Demming Financial Services Co. 10 13 New Hudson Road , Aurora 44202 $295.0 $278.6 5.9% 400 $0.0 NA Fee based David Demming Jr David Demming (330) 562-2122/www.demmingfinancial.com president SS&G Wealth Management LLC 11 275 Springside Drive , Akron 44333 $268.0 $250.0 7.2% 250 $50.0 1 Fee and commission Carina S. Diamond Carina S. Diamond (330) 598-2208 /www.ssandgwealth.com managing director HW Financial Advisors 12 23240 Chagrin Blvd., Cleveland 44122 $266.0 $253.0 5.1% 495 NA 5 Percentage of assets under Stephen L. Rudolph Stephen L. Rudolph (216) 378-7296/www.hwfa.com management CIO Creekside Financial Advisors LLC 13 30195 Chagrin Blvd., Suite 208W, Pepper Pike 44124 $227.5 NA NA 330 $0.0 2 Fees and commisions Randy S. Schneider Nan Cohen (216) 342-3380/www.creeksidefa.com founder The Spain-Berman Financial Group of Wells Fargo Advisors Henry " Hank" Spain 14 30100 Chagrin Blvd., Suite 200, Pepper Pike 44124 $195.9 $206.5 -5.1% 1,214 $100.0 2 Asset-based fees or Henry "Hank" Spain senior vice president, (216) 378-2722/www.spainberman.com commission Steven Berman investment officer HFS Wealth Advisors Dennis Kelley 15 3866 Brecksville Road, Richfield 44286 $158.0 $142.0 11.3% 473 $0.0 3 Fee based Daniel Hammer general manager, (330) 659-7140/www.hsfwa.com partner Storey & Associates 16 1360 S. Main St., North Canton 44720 $134.0 $126.0 6.3% 100 $0.0 NA Fee only Harlan G. Storey Harlan G Storey (330) 526-8944/www.storeycapital.com president Hudson Financial Advisors Inc. 17 10034 Wellman Road , Streetsboro 44241 $100.0 $90.0 11.1% 75 $750.0 0 Fee and percentage of NA Donald J. Tharp (800) 886-5330/www.hudsonfinancial.com assets president Strategic Wealth Partners 18 6000 Lombardo Center, Suite 120, Seven Hills 44131 $95.7 $81.4 17.6% 135 $250.0 5 Fee only; percentage of Mark Tepper Mark Tepper (216) 447-9318/www.swpohio.com assets under management president Redwood Financial Network Corp.(1) 19 30285 Bruce Industrial Parkway, Suite A, Solon 44139 $74.2 $0.0 0.0% 126 $250.0 4 Fees and commission NA William J. Gordon, III (440) 287-5020/http://redwoodfn.com managing director Securus Financial Strategies 20 33595 Bainbridge Road, Suite 104 , Solon 44139 $54.5 $53.0 2.8% 250 $50.0 NA Fee or commission NA William Russo (440) 349-4980 /www.securusfs.com CEO Bishop Financial Advisors Brian Bishop 21 591 Boston Mills Road, Suite 500, Hudson 44236 $52.0 $51.0 2.0% 170 $350.0 NA Fee based NA owner, (330) 342-4080/http://bishopfinancialadvisors.com financial adviser McGervey Wealth Management 22 6263 Frank Ave., NW, North Canton 44720 $49.7 $36.0 38.1% 92 $500.0 3 Fee only E. Michael McGervey E. Michael McGervey (330) 966-2100/www.mcgerveywealth.com president True Wealth Design 23 150 North Miller Road, Suite 350A, Akron 44333 $40.1 $27.2 47.5% 78 $250.0 1 Fee only Kevin Kroskey Kevin Kroskey (330) 777-0688/www.truewealthdesign.com president Roulston Investment Partners 24 27900 Chagrin Blvd., Suite W211, Beachwood 44120 $40.0 $38.0 5.3% 40 $100.0 2 Percentage of assets under Thomas Roulston III Thomas Roulston III (216) 765-0566/www.trustnavigator.com management president Westlake Advisors David Zolt 25 24960 Center Ridge Road, Suite 3, Westlake 44145 $16.7 $13.2 26.5% 15 $0.0 1 Fee only David Zolt owner, president, (440) 250-9744/www.westlakeadv.com financial planner

Source: Information is supplied by the companies unless footnoted. Crain's Cleveland Business does not independently verify the information and there is no guarantee these listings are complete or accurate. We welcome all responses to our lists and will include omitted information or clarifications in coming issues. Individual lists and The Book of Lists are available to purchase at www.crainscleveland.com. (1) Redwood Financial Net- work Corp. was founded in 2011. THE FUTURE BEGINS WITH A CAPITAL “G”. For families, family ofﬁces, endowments, and foundations, the path to ﬁnancial stability and BUSINESS opportunity begins with a company founded by the Pew family in 1956 — Glenmede. As a Commercial Banking is our business. privately-owned trust company with over $20 billion under management, we never struggle with competing priorities. We remain singularly focused on investment and wealth management and serving your best interests. Our seasoned professionals take a long term view and gauge success based on how well we manage your wealth from one generation to the next. LIBERTYLIBERTY BANK,BANK, N.A.N.A.

MEMBER FDIC BEACHWOOD HQ 216●359●5597 Building our bank one quality relationship at a time.

www.glenmede.com Glenmede’s services are best suited for those with $3 million or more to invest. To learn more, please call Linda Olejko for a personal conversation at 216-514-7876.

2 2 2 2 2 20120521-NEWS--34-NAT-CCI-CL_-- 5/18/2012 2:20 PM Page 1

34 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM MAY 21 - JUNE 3, 2012

commissions to real estate brokers. Looking at prospective talks with The tower is also the namesake for the the lender, Mr. Browning said Ter- Terminal: Terms altered across portfolio adjoining Tower City retail center, minal Tower’s position is similar to which was financed separately. others in the region that are in special continued from PAGE 1 few years as it reduces the leverage to strike a deal with the mortgage servicing. was sold in the public mortgage of its balance sheet. However, the holder on the vacant office floors of Let’s make a deal “It’s a question of whether the market with Wells Fargo Bank as its debt on those far-flung properties is Chase Financial Tower, a building Online realty data provider CoStar (mortgage holder) wants to step up trustee. different from the debt on Terminal constructed as part of the 1989 said the nearly 525,000-square-foot and take the property,” he said. Forest City is in a situation common Tower in one major respect — Tower City Center project in Cleve- office portion of Terminal Tower is Brian Stulak, a principal at Pinnacle to many real estate developers in the members of Forest City’s staff occupy land. That special servicer, Arche- 21% vacant, with almost 124,000 Financial Group in Independence wake of the Great Recession. Rents more than six full floors of the 1930- type Advisers of Miami, Fla., sold the square feet of space available. who works with the mortgage bro- have been too low and vacancies too vintage building. mortgage at a steep discount to That’s better than the 27% vacancy kerage’s loan workout practice, said high to justify the values assigned to Asked if Terminal Tower’s status Horseshoe Casino Cleveland operator rate among older class B buildings, such maturity defaults are common buildings before the downturn. Due as Forest City’s headquarters changed Rock Ohio Caesars, and Forest City where Terminal Tower is counted. and may be worked out amicably. to the nature of mortgages sold as the character of the talks with its subsequently deeded the office It also is less than the 22% vacancy “If a borrower is a good operator bonds, allowing a loan to go into lenders, Mr. Linton declined comment. space to the casino group. rate for all downtown office space, and willing to work with the lender,” special servicing is the route prop- Forest City has invested far more However, Terminal Tower is more according to the former Grubb & it may be able to extend loan matu- erty owners are using to get the in Terminal Tower than the $38 valuable for Forest City to retain Ellis Co.’s year-end 2011 report. rities until it can obtain financing attention of bondholders to work out million loan represents. It recently than Chase. The tower houses its David Browning, managing to pay off the loan, Mr. Stulak said. revised loan terms, such as a reduc- completed a significant renovation headquarters and dozens of tenants. director of CBRE’s Cleveland office, However, he said a borrower might tion in the principal of a mortgage. of the property costing more than By contrast, the Chase floors were which manages leasing for Forest need to add some of its own cash to Forest City has been engaged in $40 million that qualified for state empty and would have required City at the tower, maintains the pay down the debt outstanding. negotiating reduced principal payoffs historic tax credits. Forest City to spend vast sums to property has outperformed its status “In the majority of cases, a deal is of loans on its properties for the last Last year, Forest City was unable outfit them for new tenants and pay in the class B office market. reached,” he said. ■

Contact: Toni Coleman Copy Deadline: Wednesdays @ 2:00 p.m. Phone: (216) 522-1383 All Ads Pre-Paid: Check or Credit Card Fax: (216) 694-4264 E-mail: [email protected] REAL ESTATE REAL ESTATE AUCTIONS LUXURY PROPERTIES ”LIVE” REAL ESTATE AUCTION, JUNE 21st KIKO AUCTION 60,000+ SF DOWNTOWN CLEVELAND BUILDING Prime Commercial Property 22,176 Sq ft Office Building – 1 Acre • Euclid – Cuyahoga Co CONDOMINIUM ABSOLUTE AUCTION sells to highest bidder on location: E. 4th Street, Downtown 333 Babbitt Rd., Euclid, OH 44123 2 BR, 2.5 baths, 1800 sq. ft. DIRECTIONS: From I-90 (West of I-271) and Babbitt Rd. – head $2075 per month North on Babbitt Rd. to address. Watch for Kiko signs on: WEDNESDAY - MAY 23, 2012 – 12:15PM 216-281-1500 AUCTIONEER/REALTOR: Brooks E. Ames 330.703.2732 – [email protected] 1559 Superior Ave., Cleveland, OH 44114 / 15 Blocks East of Public Square AUCTION BY ORDER OF: Babbit Road LLC OFFERED WITH PUBLISHED RESERVE OF ONLY $417,000 KELLEYS ISLAND LAKEFRONT LUXURY SELLER DIRECTS BIDDING TO COMMENCE AT $156,000! KIKO Auctioneers HOME FOR SALE 2805 Fulton Dr. NW, Canton, OH. 44718 Historic Huntington House APARTMENTS * WAREHOUSE * MANUFACTURING * RETAIL 233 W. LAKESHORE PROPERTY LOCATION. Fringe of Downtown Central Business District with Convenient access to I-90, I-71 & I-77, Minutes from (330) 455-9357 • www.kikoauctions.com 5 Bed, 3.5 Bath, 2650+ Sq. Feet Lake Erie. Neighboring Cleveland Fire Department. 2 Blocks from New CSU Campus. Avenue District on RTA Bus Line. Built in 1840, Recently Remodeled OPPORTUNITY. Prime Location, Well-Built Structure for Student Housing, Lofts, Data Center, Research and FOR SALE Development. Excellent Condition Subsequent to 25 year Occupancy of Ernst & Young Printing Div. 100% Air Conditioned. FEATURES. Pedestrian entrance Superior Ave. 2 Heated Drive-Ins via Rockwell Ave. Freight Elevator, 2nd Level Loading, 22’ List your high-end real Mushroom Column Spacing. Heavy Power & Floor Loads under 14’ Ceilings. Zoned: Semi-Industrial. Seller Financing Available! E-MAIL OR FAX US YOUR AD ON-SITE INSPECTIONS: May 22 & June 5, & 13 from 1:00-3:00 PM estate here for great Beyond 2000 For Brochure & Terms of Sale call: E-MAIL: [email protected] high-end exposure. Curt Schneider, OH Auctioneer 216-839-2028 Jason A. Smith, REALTOR www.chartwellauctions.com www.kelleysislandrealestate.com Chartwell Auctions, LLC / Chartwell Group, LLC FAX: (216) 694-4264 [email protected] Call Toni Coleman at 419-503-0604 (216) 771-5172 Each Office Independently Owned and Operated REAL ESTATE SERVICES

Real Estate IS YOUR $$ List your Industrial, commercial Consulting UNDER-PERFORMING? or Retail Space Here! Net-Leased Comm’l Real Estate can offer Visit Shopping Center Management 6% -10% returns without hands-on mgmt . AARDVARK-LLC.COM 35 Years Experience Use Our Expertise to. Find & Buy Now ! Crain’s Cleveland Business’ classifieds will help you fill that space. 440-605-0555 • Fax 440-605-0666 330.225.2822 (330) 644 -3200 www.rgnietoco.com Visit: www.CrestGrp . com/invest Bruce Klotzman Bob Wilson The Crest Group, Ltd. Contact Toni Coleman at 216.522-1383 CLASSIFIED BUSINESS SERVICES Crain’s Executive Recruiter ATTENTION FLYNN BUSINESS SERVICE OWNERS! Title Insurance Underwriter with Northern Ohio locations ENVIRONMENTAL EMPLOYERS: seeking Account Executive for Commercial Sales. Submit your business card to promote your service and Reach the most For Assessments receive a SUBSTANTIAL DISCOUNT off your ad price. Actively prospect, sell and maintain relationships with attorneys, qualified workforce. lenders and brokers. Acquire new customers and maintain cover- (800) 690-9409 Advertise your open age of existing customers. Real estate industry experience a plus. www.flynnenvironmental.com To find out more, contact Toni Coleman at 216.522.1383 positions here. Send Resume to: [email protected] Call Toni Coleman 216-220-7129 FOR TRAVEL at 216-522-1383 SALE SERVICES DON’T POSITION WANTED JOB SEEKERS: FORGET: We now post Retiring real estate professional seeks part time opportunity on a regular or 1968 Cessna CITATION CJ2 AIRCRAFT Crain’s Cleveland Business POSITIONS WANTED project basis. 30 years management and financial responsibility with all Skylane 182L TT 3070 Cleveland Based. in the Classified section of types of commercial properties. Strong financial, HR, maintenance and peo- Block Time Available At Attractive on-line @ Engine 282 SFR $75,000. Always CrainsCleveland.com CrainsCleveland.com at ple skills. Additional experience includes retail, executive recruiting and hangared. NDH Fresh annual. Rates. First Class Travel at Second Class Pricing! NO CHARGE. consulting. College grad, veteran, Ohio license, Notary, former CPM. For details contact Jerry Seifert For all the latest business (Up to 150 words please) Contact Chris Ellis [email protected] OH-(330) 620-7474 or email news...online E-Mail to [email protected] 216.903.0732 [email protected] 440 570 1615 20120521-NEWS--35-NAT-CCI-CL_-- 5/18/2012 12:45 PM Page 1

MAY 21 - JUNE 3, 2012 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 35 THEINSIDER REPORTERS’ NOTEBOOK THEWEEK BEHIND THE NEWS WITH CRAIN’S WRITERS MAY 14 - 20 Tressel suits up for Attorney thinks his An accelerated MBA board membership case shapes up nicely for the iPad set The big story: Ohio entered the casino ■ One new board director of Ohio Legacy ■ These recent multimillion-dollar settle- ■ Need an MBA? There’s an app for that, gambling market with the May 14 opening of Corp., the parent company of Premier ments don’t involve Jay Kelley’s clients, but kind of. the $350 million Horseshoe Casino Cleveland, Bank & Trust in North Canton, has quite the the personal injury lawyer at Elk & Elk Cleveland State University this fall formally a partnership between Dan Gilbert’s Rock familiar name: Jim Tressel. believes they stand to help when his clients’ will launch what it’s calling a mobile accel- Gaming LLC and Caesars Entertainment Corp. That’s right. The former Ohio State Univer- cases proceed. erated MBA program. It’s a completely Crowds were heavy at peak operating times during sity head football coach has been elected to First, Reebok agreed to pay $25 million online version of the university’s one-year, the first week, as gamblers got their first look at the banking company’s into a fund to settle false-advertising claims accelerated MBA program. the gaming hall inside the former Higbee Co. board in what Ohio related to its so-called toning shoes and to Students enrolled in the new mobile building on Public Square. Casino operators Legacy president and provide refunds to people who bought them. program will be armed with a fully loaded have forecast 5 million people will visit the casino CEO Rick L. Hull said is Then, last week, Skechers agreed to pay $40 Apple iPad 4G (with a Cleveland State- in the first year — nearly 13,700 per day. Mr. Tressel’s first foray million to settle similar allegations over the branded iPad case) on which to do their into public company claims it made about its “Shape-ups” toning coursework; gone is the slate of textbooks Business is taking off: Nextant Aerospace, directorship. shoes. typically provided to MBA students. a company that remanufactures Beechjet 400A/ Mr. Hull approached The allegations against Reebok and “We’re a public university here in XP aircraft, is expanding its operation at Mr. Tressel, whom he’d Skechers were brought by the Federal Trade Cleveland and on the cutting edge,” said Cuyahoga County Airport in Richmond Heights. met when Mr. Tressel Commission. In Skechers’ case, the settle- Elad Granot, director of the executive, accel- Nextant acquired a new manufacturing plant for still was the coach at ment with the FTC is part of a broader erated and mobile MBA program at Cleve- the Nextant 400XT business jet. The company Youngstown State Uni- agreement to resolve a multistate investiga- land State. “That’s super cool, I think.” said the expansion comes as it responds to what versity. tion involving the attorneys general of 44 Dr. Granot, also an assistant professor of it called “greater-than-expected demand” for the “We’re pushing much more into the Akron states and the District of Columbia. marketing, said the mobile program offers 400XT, which received final Federal Aviation market … and we were looking for someone Consumers who bought these “toning” the same education as the university’s Administration certification last October. who could assist us in that market,” Mr. Hull shoes will be eligible for refunds either accelerated MBA program. Nextant said the newly acquired structure will said. “Jim really is that guy. People will take directly from the FTC or through a court- “If you look at that combination, you’ll accommodate an annual production rate of 48 his call. They just will.” approved class action lawsuit. come up with one program like it,” Dr. Granot aircraft, and will quadruple Nextant’s current Mr. Tressel recently assumed the role of While both companies’ consumer claim said. “That’s us.” square footage both in terms of production area vice president for strategic engagement at the settlements are unrelated to the claims of While the program is marketed to anyone and office space. University of Akron. His fundraising experi- Elk & Elk clients who say they suffered unable to make it to campus, Dr. Granot was ence is a big reason Mr. Hull approached him. injuries because of wearing toning shoes, surprised to receive so much interest from Thinking out of the Vox: A fast-growing “He understands we need to expand our Mr. Kelley said, “This isn’t a surprise, and it those in the armed forces. Independence company that helps businesses business, expand our marketplace,” Mr. further bolsters (my clients’) case.” “We’ve started to get inquiries from manage their mobile devices Hull said. Crain’s reported last August that the May- Northeast Ohio folks stationed abroad, and raised $7.5 million in growth Two other board directors were elected field Heights law firm was searching for people all of sudden they have this as an option capital. The investment in Vox last week, too: Incumbent David B. Wurster who say toning shoes injured them. To date, now,” he said. Mobile LLC was led by Edison and new director Brian C. Layman. On about 60 clients have come forward with The program’s tuition is set at $32,500. Ventures of Lawrenceville, N.J., average, Ohio Legacy directors earn $10,000 injuries, including fractures and torn tendons, And if you can swing the bill, rest assured, with participation from Permal a year, Mr. Hull said. — Michelle Park Mr. Kelley said. — Michelle Park you’ll get to keep the iPad. — Timothy Magaw Capital, one of Edison’s limited partners. Vox Mobile will use the money to finance an effort to cap- WHAT’S NEW BEST OF THE BLOGS ture a bigger piece of the growing market for mobility management Excerpts from recent blog entries on put Cleveland on a list of the 10 U.S. cities services. The company has 110 employees. CrainsCleveland.com. with the easiest, most affordable commutes. The calculations were based on “congestion On a growth trail: Lincoln Electric Holdings WSJ gives star marks cost” (a measurement of wasted time and Inc. acquired Wayne Trail Technologies Inc., a fuel calculated by the Texas Transportation privately held manufacturer of automated systems to KeyBanc’s Mark Parr Institute) plus factors such as the average and tooling that serves the metal processing ■ If you’re looking for an expert length of a commute, local gas market. The Euclid-based maker of welding in the heavy machinery and mate- prices, yearly delays per com- equipment did not say what it paid for Wayne rials sector, Mark Parr is your man. muter and public transit use. Trail, which has its headquarters and manufac- Mr. Parr, 58, who works for Cleveland boasts the highest turing operations in Ft. Loramie, Ohio. Wayne KeyBanc Capital Markets, was rate of public transit use among Trail has annual sales of about $50 million and rated as the top-performing the 10 cities, with nearly 5% of employs 162 people. analyst in the heavy machinery residents using buses, trolleys and materials sector in The Wall and trains. The average com- Finally, some transparency: Window COMPANY: Tharo Systems Inc., Street Journal’s annual “Best on mute time here is 23.9 minutes, Nation bought the remaining assets of Regency Brunswick the Street” survey. more than a minute less than the Window Co. in Twinsburg, which abruptly “A deep knowledge of compa- national average of 25 minutes, closed without warning last January. Window PRODUCT: H-Series Label Printers nies that barely register on Wall and the yearly congestion cost per Nation said because it did not perform any of Street paid off handsomely last commuter is $423, far below the Regency Windows’ installations, it will not offer Tharo says its new H-Series printers have year for Mr. Parr,” The Journal said. $808 average nationwide. warranty service on Regency purchases. However, multiple interfaces for almost any application. His best call last year? NN Inc., The average commuter here Window Nation said it has set up a website to help USB 2.0 is standard on the H-400 and a Johnson City, Tenn., maker of travels 10.8 miles to work; nation- Regency buyers and offer guidance on resources. H-600E Series printers for high-speed data bearings and other parts used in cars, heavy wide, the average is 12 miles. transfer from Windows PC, Mac, Linux or machinery and other products. A tall order: Forest City Enterprises Inc. Unix systems to an H-Series Printer. “Mr. Parr put a buy rating on NN in The FBI heads into the confirmed it’s seeking an investor for a potential “With a high data-transfer rate, you can August 2010 and maintained that call until (trade secrets) breach minority stake in the ownership of 8 Spruce transfer your data faster to the H-400 and early May 2011, when he downgraded to a Street, the tallest residential building in New H-600E printers in cases where graphics or hold,” The Journal noted. “During the buy ■ The Federal Bureau of Investigation, which York City. Forest City said it and a partner, TrueType fonts will be used, or where each period, the stock price tripled, including a is responsible for investigating breaches by National Real Estate Advisors, retained the label is different,” Tharo says. 44% return during the surveyed period.” foreign intelligence agencies, has unveiled CBRE brokerage to “explore the possibility of The printers have “an elegant design, are Mr. Parr put a buy on Materion Corp. in billboards in nine cities with this message: bringing in a minority partner into the ownership extremely compact and are robust enough for late November, “just in time to catch a 15% Protect America’s Trade Secrets. of this iconic” 899-unit tower designed by archi- commercial use,” according to the company. rally in the stock through year’s end,” the “Behind the campaign is the government’s tect Frank Gehry. The building also is known as They feature all-metal construction with a newspaper said. Materion, based in May- view that state-sponsored espionage targeting New York by Gehry. cast aluminum center wall and a large media field Heights, produces alloys, composite companies is growing so fast it is a national window for easy monitoring of supplies. materials, coatings and chemicals used in security concern,” The Wall Street Journal Their time to shine: Energy Focus Inc. said Users can print in 203 or 300 dpi resolution electronics and other industries. reported. it received an additional $1.5 million order to with the same H-400 or H-600E Series printer. Another KeyBanc Capital Markets analyst, To illustrate the threat, Frank Figliuzzi, provide its IntelliTube LED fluorescent replace- The printers also are designed to accept Brad Thomas, was ranked as the No. 2 the FBI’s assistant director for counterintel- ment tubes, IntelliTube LED berth light fixtures ribbon types of both ink inside and ink outside, performer in the home construction and ligence, and others in the FBI cited the case and a variety of the company’s LED globe fixtures providing more flexibility in ribbon selection. furnishings sector. of Wickliffe-based chemical maker Lubrizol to upgrade the lighting on a number of U.S. Navy For information, visit www.tharo.com. Corp., “which suffered a trade secret loss ships. The Solon-based producer of energy-effi- Work commute got you down? when an employee admitted in 2008 to sell- cient lighting products said installation of the Send information about new products to ing product specifications and other secrets lighting will be performed by U. S. Navy personnel. managing editor Scott Suttell at ssuttell@ It could be much worse to South Korean competitor SK Chemicals,” crain.com. ■ Kiplinger’s Personal Finance magazine according to the newspaper. 20120521-NEWS--36-NAT-CCI-CL_-- 5/18/2012 8:24 AM Page 1

Beachwood U Brook Park U Middleburg Heights U North Olmsted

OUR COLLECTION JUST GOT BIGGER. AND FASTER.

Every carmaker has a vision of the future. Ours just happens to be in production. The 2012 Porsche 911 Carrera Cabriolet. Starting at $93,700. INTRODUCING THE ALL-NEW MASERATI OF CLEVELAND.

Now you can experience Maserati for yourself, at Maserati of Cleveland, part of Collection Motorcars. Best of all, your Maserati comes with a level of service that has become the hallmark of Collection Auto Group.

Porsche of North Olmsted NOW LOCATED AT: A Part of Collection Auto Group 28400 Lorain Road, North Olmsted, Ohio 44070 28300 Lorain Road 440-716-2720 North Olmsted Open 24/7 at: www.clevelandporsche.com 440-716-2000 #1 PORSCHE DEALER IN OHIO www.collectionmotorcars.com Cleveland Follow us on for additional specials and offers

Pure Driving Passion

Electric Luxury and Performance With Extended Range. Plug In Or Fill Up.†

“Martin. Aston Martin.”

An Aston Martin shakes up the status quo while stirring the soul of those who drive one. Why not make that someone you? Come to the new Aston Martin Cleveland, part of Collection Motorcars, and experience the exquisite craftsmanship and phenomenal performance that is Aston Martin.

2012 Fisker Karma Extended Range Electric Vehicle Starting at $95,900*

CLEVELAND

Aston Martin Cleveland 28300 Lorain Road North Olmsted FISKER OF CLEVELAND ______Located at 28300 Lorain Road t 440-716-2000

440.716.2000 www.ﬁskerofcleveland.com astonmartincleveland.com * Base price. Not including destination charge. †Fisker Karma has a range of up to 50 miles with no gas and an extended range of 350 miles using a gasoline-driven generator. ©2012 Fisker Automotive, Inc. ^^^JVSSLJ[PVUH\[VNYV\WJVT