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$2.00/FEBRUARY 25 - MARCH 3, 2013

City Club is getting JobsOhio younger altering in Year 101 Organization’s new its vision strategic plan puts Gov. Kasich de-emphasizes emphasis on appeal the role financial incentives to wider audience

By MICHELLE PARK will play in nonprofit’s [email protected] economic development work The 100th year of The City Club of was a time of celebration By JAY MILLER and reflection. [email protected] The 101st year — if all goes accord- ing to plan — should be one of change. As a gubernatorial candidate in 2010, John Kasich Drawing on feedback from a local vowed to restructure the state’s economic development consultant and more than 100 peo- efforts by creating a nonprofit called JobsOhio that would ple, including 20 community lead- help operate at “the speed of business.” ers, the City Club’s strategic plan- Gov. Kasich got his way in ning committee has delivered the forming JobsOhio, but it has “There are first comprehensive strategic plan taken nearly two years for the CEOs that call the organization has had in eight nonprofit to get its financing in years. The full board approved the order. And the Kasich team me. I say, plan last month. only now is figuring out how it ‘Look, if you The City Club that emerges in will operate — due in part to a want to leave, I coming months, guided by that plan, change of heart by the governor hope you have will be one that seeks to extend con- about financial incentives to versations beyond its live forums business (he no longer favors a nice trip.’ ” and to further engage audiences, them) and brownfield remedi- – Gov. John Kasich, particularly the younger crowd, via ation (it will be a big factor after in a year-end social media and different events, all). Statehouse news said Paul Harris and Barbara Dan- JobsOhio to date essentially conference forth, co-chairs of the strategic plan- has administered programs ning committee and board directors. once run by the Ohio Department of Development, which “It will look different,” said Ms. is being dismantled. But the agency now has a full tank of Danforth, a senior vice president of gas for the first time and a new leader mapping out the Ratliff & Taylor, a human resources MARC GOLUB road ahead. consulting firm in Independence. Paul Harris, left, is co-chair of the City Club’s strategic planning committee. Hugh McKay, right, is The key to moving ahead is a complicated transaction See CLUB Page 23 a past president of the club. See JOBSOHIO Page 8

INSIDE They’re on the go TOA makes giant leaps in its software niche Brecksville Gartner Inc. startup Movable Beachwood company that helps firms manage Last year was particularly big for TOA: is drawing the The company’s sales hit $41 million in interest of mobile work forces doubles its sales in one year 2012, more than double the $20 million TOA brought in during 2011. businesses with By CHUCK SODER mobile work forces. The company, which makes software its MOVbands, [email protected] Seems he wasn’t kidding. designed to help businesses efficiently which help Since then, the Beachwood software manage and route mobile workers, is individuals track Five years ago, the CEO of TOA Tech- company’s sales have exploded, and it has accustomed to seeing its top line grow by their fitness. nologies told Crain’s that his goal was to become one of the leaders in its sector, big percentages. dominate the business of managing according to business research firm See TOA Page 25 Carmi

08 SPECIAL SECTION 7 HIGHER EDUCATION

NEWSPAPER Many universities are placing more of an Entire contents © 2013

74470 83781 emphasis on advising students ■ Pages 13-20 by Crain Communications Inc. Vol. 34, No. 8 0 PLUS: THE STEM MOVEMENT ■ BUSINESS SCHOLARS ■ & MORE 20130225-NEWS--2-NAT-CCI-CL_-- 2/22/2013 5:00 PM Page 1

2 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013 COMING NEXT WEEK HONK IF YOU LIKE A BARGAIN Northeast Ohio is a great place to buy a used car, according to data compiled by CarGurus.com. The automotive website’s data show that used Honoring innovation vehicle prices are the lowest in Miami, where they’re 6.6% below the national average, which is about $14,400. Cleveland, though, is No. 2. The site notes 700 W. St. Clair Ave., Suite 310, Crain’s is again partnering with that dealers within a 50-mile radius of a major city generally offer lower prices Cleveland, OH 44113-1230 Phone: (216) 522-1383 local technology advocacy on equivalent models than their counterparts in distant suburbs and rural areas. Fax: (216) 694-4264 group NorTech to identify Here are the country’s 10 most affordable used car markets. www.crainscleveland.com some of the area’s most City Percentage below national average Publisher/editorial director: Brian D. Tucker ([email protected]) promising innovations. In next Editor: week’s section, we will profile Miami 6.6% Mark Dodosh ([email protected]) Cleveland 5.7% Managing editor: this year’s award finalists. Rochester, N.Y. 5.4% Scott Suttell ([email protected]) Detroit 4.7% Sections editor: Amy Ann Stoessel ([email protected]) REGULAR FEATURES Stamford, Conn. 4.7% Assistant editor: Akron 4.4% Kevin Kleps ([email protected]) Big Issue ...... 11 Going Places ...... 12 Buffalo 4.4% Sports Toledo 3.7% Senior reporter: Bright Spots ...... 21 Milestone ...... 26 Stan Bullard ([email protected]) New York City 3.7% Real estate and construction Classified ...... 25 Letter...... 10 Minneapolis 2.8% Reporters: Editorial ...... 10 Reporters’ Notebook....26 SOURCE: CARGURUS.COM 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 Research editor: Deborah W. Hillyer ([email protected]) Cartoonist/illustrator: Rich Williams Marketing director: Lori Yannucci Grim ([email protected]) Events Manager/Operations & Logistics: Christian Hendricks ([email protected]) Events Manager/Promotions & Sponsor Relations: Jessica Snyder ([email protected]) Advertising director: Nicole Mastrangelo ([email protected]) Senior account executive: Adam Mandell ([email protected]) Account executives: Dawn Donegan ([email protected]) Andy Hollander ([email protected]) Lindsie Bowman ([email protected]) John Banks ([email protected]) Sales and marketing assistant: Michelle Sustar ([email protected]) Office coordinator: Denise Donaldson ([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: Lauren M. Rafferty ([email protected]) Billing: Susan Jaranowski, 313-446-6024 ([email protected]) Credit: Todd Masura, 313-446-6097 ([email protected]) Crain Communications Inc. Keith E. Crain: Chairman Rance Crain: President Merrilee Crain: Secretary Mary Kay Crain: Treasurer William A. Morrow: Executive vice president/operations Brian D. Tucker: Vice president Robert C. Adams: Group vice president technology, circulation, manufacturing Paul Dalpiaz: Chief Information Officer Dave Kamis: Vice president/production & manufacturing Mary Kramer: Group publisher

G.D. Crain Jr. Founder (1885-1973) Mrs. G.D. Crain Jr. Chairman (1911-1996)

Subscriptions: In Ohio: 1 year - $64, 2 year - $110. 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- [email protected], or call 877-812-1588 (in the U.S. and Canada) or (313) 446-0450 (all other locations), or fax 313-446-6777. Reprints: Call 1-800-290-5460 Ext. 125 Audit Bureau of Circulation 20130225-NEWS--3-NAT-CCI-CL_-- 2/22/2013 4:17 PM Page 1

FEBRUARY 25 - MARCH 3 , 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 3 INSIGHT Corporate Services folds; 77 lose jobs Construction project had cost overrun, leading to dispute with Huntington

By MICHELLE PARK [email protected]

Though it was in the process of creating a new multimillion-dollar headquarters, Cleveland-based Cleveland Corporate Services Inc. has closed its doors and laid off 77 people. As Crain’s previously reported, the company filed for Chapter 11 bank- ruptcy protection from creditors last Nov. 26. It had been renovating a property at 5777 Grant Ave. to be- come its headquarters and training MCKINLEY WILEY center in a $3 million project, said Movable, founded by Blake Squires, had $1 million in sales in 2012, its first full year in business. The company’s MOVbands chart fitness. Gregory Peck, CEO and president of Cleveland Corporate Services, which By CHUCK SODER was a reseller in Ohio and six other [email protected] states of interactive whiteboards made by Smart Technologies. WELLNESS he blue wristband Jennifer Lann wears on “After almost 24 years with every- her arm attracts a lot of attention. thing put into the business and 77 A lot. people losing their jobs, it’s very dif- “Everywhere I go — at the airport, at the ficult,” Mr. Peck said last Friday, Feb. Tmall, at the hair salon, at restaurants, all over the 22. AT HAND place — people say, ‘What is that?’” Ms. Lann said. Cleveland Corporate Services had Answer: It’s a MOVband, a device that tracks how a mortgage, a construction loan and active she is. a business line of credit with Hunt- Startup Movable is producing And don’t be surprised if you spot other people ington National Bank, Mr. Peck said. wearing them around town. As of Feb. 4, the day it was shuttered, wristbands that measure fitness See WELLNESS Page 24 the company owed the bank roughly $5.2 million, he said. According to Mr. Peck, the com- pany could not find a resolution with THE WEEK IN QUOTES Huntington over what Mr. Peck characterized as “technical breaches of the loan agreement.” “Historically, the City Club “I don’t see how “We’re growing “The person cannot replace Documents filed in U.S. District sequestration can our own Jerry Sue Thornton. … She Court reveal that Huntington made has informed, has provided loans to the company and an entity a speaker pretty much in a benefit anyone or honors has her own leadership called 5777 Grant LLC, which owned the property under construction, in passive way. Now, we’re anything. It’s students for style, own personality and December 2011. According to one of talking about informing, unfortunate our the University amazing relationships the bank’s court filings, “within three months, the borrower breached var- motivating and engaging political system is of Akron.” she’s built over the years. ious covenants of the loans related to … creating opportunities so gridlocked we — Susan Ramlo, The new person is going to renovations of the property located University of Akron at 5777 Grant Ave.” for the conversation to have this going professor and special be different than Jerry Sue Huntington, in a court filing, stat- projects coordinator ed that a report from Cleveland Cor- continue.” on.” for STEM education Thornton.” porate Services revealed that as of — Barbara Danforth, a City Club board — From a comment in The initiatives. Page 13 — Ralph Dise Jr., president of Dise & Oct. 31, 2012, the company was director and co-chair of its strategic Big Issue. Page 11 Co. Page 20 $830,000 “out of formula,” meaning planning committee. Page One See CORPORATE Page 25 Redwood’s growing base will include the 55-and-over set

INSIDE: RestoreCleveland buys NASA complex in Pickerington. Developer’s latest offerings will include community in Hudson Glenn north campus for $1.2 million In addition, Redwood is scouting By STAN BULLARD and is making its first foray into the ed to the age 55-and-over set, in in auction. Page 4 for sites in Michigan, Mr. Conwill said. [email protected] Indianapolis market. Hudson, and it plans to add a new Feb. 20, and its first site in Indi- “We love Ohio, but want to take However, the owner and opera- phase at a North Ridgeville project anapolis earlier this month. our concept to other areas,” he Redwood Management Co., a tor of 3,000 one-story apartment it launched in 2011. Redwood plans to build a 92-unit Beachwood-based developer and homes scattered throughout north- David Conwill, Redwood’s chief community in Johnstown near said. “We see contiguous states as manager of single-family rental ern Ohio is not abandoning its development officer, said the com- Columbus and 100 units in Indi- opportunities for us because they communities, is tackling its second home turf. The company is con- pany acquired its second site in the anapolis. Redwood’s first project are similar to Ohio.” project in the Columbus market structing its first community limit- Columbus market last Wednesday, near Columbus was a 100-unit See REDWOOD Page 24 20130225-NEWS--4-NAT-CCI-CL_-- 2/22/2013 11:05 AM Page 1

4 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013

LEASED PARMA COMMERCE CENTER 5575 VENTURE DR, PARMA, OHIO

Newmark Grubb Knight Frank is pleased to announce a 35,350 SF lease extension STAN BULLARD with Beltmann Group Incorporated. The NASA Glenn north campus in Fairview Park was sold for $1.2 million in an auction. Full Selection of Special thanks to Joe Messina of Commercial & Investment Jones Lang Lasalle for representing Offerings Available at the tenant in this transaction. TerryCoyne.com Or Call Terry at RestoreCleveland plans to do 216.453.3001 1350 Euclid Ave, Ste. 300 Cleveland, Ohio 44115 just that to NASA Glenn north

land wants to renovate the build- They date from the 1960s. One of the Property in Fairview ings to attract new tenants. The buildings is K-shaped, Mayor Patton group hopes to draw aerospace- said, reflecting the idea that John Park was purchased related businesses, general office Kennedy was president when they tenants or corporate headquarters were constructed. The properties in- for $1.2M in auction to the site at 21000 Brookpark Road. clude an auditorium, cafeteria and other amenities that will be helpful By STAN BULLARD “We will do whatever we can to in restoring the complex to use. [email protected] get the property occupied and thriving for everyone,” Mr. Gal- Mayor Patton said investor groups from California and Texas With a winning bid of $1.2 mil- lagher said in a news release. In an interview with Crain’s, Mr. had quizzed the city about the lion in an auction run by the Gener- property. However, she said she is al Services Administration, an affil- Gallagher said principals of RestoreCleveland had joined with a encouraged because a local group iate of the RestoreCleveland Co. was the high bidder. real estate development firm stands group of local investors he declined to identify to buy the redevelop- “We think they will act more to become the next owner of the quickly,” she said. two-building NASA Glenn north ment site. RestoreCleveland previ- ously has restored old buildings in GSA’s online auction of the fed- campus in Fairview Park. eral property began last August Cleveland’s St. Clair-Superior William Gallagher, a spokesman with a minimum bid of $200,000. neighborhood near downtown. for Cleveland-based RestoreCleve- Mr. Gallagher said his investor Fairview Park Mayor Eileen Pat- land, said GSA has notified his group believed it could not pay ton said in a news release that the group it won the auction, besting “much more” than its final bid for suburb believes the project is three other bidders. The principals the site. He estimates it will take of RestoreCleveland and an “extremely important for the well- about $3 million to ready the site investor group soon will form a lim- being of Fairview Park and its resi- for commercial tenants, even ited liability corporation to hold dents.” The suburb lost about though the structures are well-built ownership of the property, Mr. Gal- $400,000 yearly in income tax and in generally good condition. lagher said. receipts when NASA Glenn consol- Mr. Gallagher declined to identi- Cat Langel, a Chicago-based GSA idated its operations outside the fy the private investor group that public affairs officer, confirmed by Fairview Park site to the south side will join RestoreCleveland in the email that Mr. Gallagher’s group is of Brookpark Road, which is in project. the high bidder for the NASA Glenn Brook Park. RestoreCleveland’s other princi- property. GSA expects to close the The two buildings NASA wants to pals include Mr. Gallagher’s brother, sale within 90 days. shed include a total of 200,000 Martin Gallagher, and partner John True to its name, RestoreCleve- square feet of offices on nine acres. Elias. ■ New Polyflow unit close to completion

By FRANK ESPOSITO melts down any type of plastic need to hire 30 more employees, Plastics News scrap at nearly 1,000 degrees Mr. Schabel said. Fahrenheit. The vapor then is con- Plant construction would add $5 Recycling technology company densed into a liquid slurry that con- million to $6 million to the cost of RES Polyflow of Akron will have its tains aromatic chemicals. The liq- the project, according to Mr. Scha- first full scale plastic-to-chemicals uid can be reused by petrochemical bel. unit up and running by the end of companies or in paint, coatings and Polyflow won a $1.6 million state March. solvents. grant in 2011 and received a simi- The unit represents an invest- Polyflow currently is using plastic lar-size investment last year from ment of $5 million to $6 million for scrap from numerous sources, private equity firm Ambassador Polyflow. It will be located in Perry, including compounding leader Enterprises LLC of Fort Wayne, Ind. in Lake County, near the facilities of PolyOne Corp., Hiram College, the Mr. Schabel said Ambassador now Niagara Systems, the company city of Stow and a local military owns a minority stake in Polyflow. that’s designing and building the base. He declined to identify other unit along with Chemstress Consul- The company has collected investors. tant Co. of Akron. about 65,000 pounds of plastic Another state grant of $600,000 Once the unit is fully operational, scrap in the last three months. will fund the construction of a fuel- Polyflow officials will need to Company officials previously said a analysis lab that will be used by fac- decide whether to build a plant full-size reactor unit will be able to ulty and students from Youngstown around the unit or transfer it to a process 5,000 pounds of mixed State University. That lab will test location chosen from several inter- plastic scrap per hour and would the liquids produced by the ested customers, CEO Jay Schabel produce 3 million gallons of chem- Polyflow unit and will be located on said in a Feb. 7 phone interview. ical liquids per year. the Youngstown State campus. ■ “We have to decide where (the Four full-time employees are unit) will be most profitable,” he working on the Polyflow unit. If a Frank Esposito is a senior reporter said. plant measuring 20,000 to 25,000 with Plastics News, a sister publica- Polyflow’s pyrolysis technology square feet is built, Polyflow would tion of Crain’s Cleveland Business.

Volume 34, Number 8 Crain’s Cleveland Business (ISSN 0197-2375) is published weekly, except for combined issues on the fourth week of December and fifth week of December at 700 West St. Clair Ave., Suite 310, Cleveland, OH 44113-1230. Copyright © 2013 by Crain Communications Inc. Periodicals postage paid at Cleveland, Ohio, and at additional mailing offices. Price per copy: $2.00. POSTMASTER: Send address changes to Crain’s Cleveland Business, Circulation Depart- ment, 1155 Gratiot Avenue, Detroit, Michigan 48207-2912. 1-877-824-9373. REPRINT INFORMATION: 800-290-5460 Ext. 136 20130225-NEWS--5-NAT-CCI-CL_-- 2/22/2013 3:39 PM Page 1 20130225-NEWS--6-NAT-CCI-CL_-- 2/22/2013 11:04 AM Page 1

6 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013 150 E. Market Street, Akron, Ohio Weston is keen on prospects Lease or Sale • 33,000 Total Square Feet • Ample Free On-Site Parking for downtown development • Borders University of Akron • Located in Akron Biomedical Corridor Company adds to its Cleveland holdings by buying building at 300 Prospect Ave. By STAN BULLARD [email protected]

Weston Inc., a large real estate owner and developer based in War- rensville Heights, has established a tiny foothold in downtown Cleve- FOR MORE INFORMATION, CONTACT: land’s resurgent heart. Jack. W. Drescher, CPA, SIOR Weston has purchased a four- G. F. Coyle III, SIOR story commercial building at 300 216-861-7200 www.ostendorf-morris.com Prospect Ave.; the investment surfaced as the building’s first-floor tenant, Family Sportswear, mounts a store-closing sale set to end Feb. 28. Through Weston-CMG JV, West- on shelled out $300,000 for the old building last Oct. 31, according to STAN BULLARD Weston Inc. has purchased the four-story commercial building at 300 Prospect Cuyahoga County land records. Asked about the acquisition, Ave. downtown for $300,000. Weston spokeswoman Suzanne proposal for a building in down- tive managing director at Newmark Broadbent wrote in an email, “I am town’s Warehouse District lost out Grubb Knight Frank’s Cleveland not free to comment on this at this to Geis Cos.’ plan to construct a office, called the block crucial in time — the time is not quite right.” new headquarters on part of the old future development of the area Best known as an industrial Ameritrust complex. near the casino, arena and ballpark. developer with downtown parking Weston’s purchase of the build- Mr. Coyne, who often has han- lot interests, Weston is diversifying ing at 300 Prospect has nothing to dled lease and sale transactions its operations by building apart- do with Family Sportswear’s deci- with Weston, said he does not know ments in suburban Pittsburgh and sion to close, according to Jared what Weston’s plans for the site serving as a consultant to the Cleve- Jones, the store’s manager and a might be. Older properties on the land Metropolitan School District 21-year employee. block could be converted to in-de- in the pending move of its executive Mr. Jones said the store no longer mand loft apartments that would offices. was receiving early supplies of Nike capitalize on state and federal his- Weston also was a finalist in the Inc. shoes that made it a hotspot in toric tax credits. competition to create a new head- the city’s black community. Other Tom Yablonsky, executive direc- quarters for Cuyahoga County. Its factors for the closing are increased tor of History Gateway Neighbor- competition for on-street parking hood Development Corp. and vice spots and rising parking rates in the president of the Downtown Cleve- neighborhood due to the expansion land Alliance nonprofit, said the of downtown offices and last May’s building is architecturally and opening of Horseshoe Casino socially significant, because 300 Cleveland. Prospect was an early home of With its investment, Weston has famed music store owner Leo staked a claim on one of the best- Mintz’s Record Rendezvous. located blocks of underutilized According to “The Encyclopedia of properties near downtown’s sports Cleveland History,” the store was a and entertainment districts. Three sponsor of the late radio disc jockey other buildings on the block are Alan Freed, who is credited with empty, including the beloved Gold- coining the phrase “rock and roll” fish Army-Navy store. for the music genre that emerged Although the structures are eye- from the rhythm and blues popular sores now, Terry Coyne, an execu- in the black community. ■ COMING UP Ideas at Dawn will discuss workers’ compensation

Workers’ compensation is the employers in the face of injury. focus on the March 7 Crain’s Ideas Tim Magaw, Crain’s Cleveland at Dawn Business Breakfast, set for Business health care reporter, will the Embassy Suites at 5800 Rock- serve as moderator for the panel. side Woods Blvd. in Independence. Registration and breakfast is The business breakfast is titled, from 7 a.m. to 8 a.m., with the Grounded in the Liberal Arts Since 1856! “Workers’ COMPrehension: Dynamic program running from 8 a.m. to Insights to 2013 Workers’ Comp 9:30 a.m. and Healthcare Savings.” Panelists Single tickets are $40, and are Bud Andrako, president of tables of eight are $275. All tickets Andrako Associates, and Steven must be purchased in advance of Oddo, president of Diversified the event. Walk-ins will not be Employee Solutions. They will accepted. identify tools to lower workers’ To register, go to www.crainscle- comp premiums while protecting veland.com/breakfast.

lec.edu ■ Crain’s on Twitter: @CrainsCleveland ■ Crain’s on Facebook: Facebook.com/CrainsCleveland 1.855.GO.STORM ■ Crain’s daily e-newsletters: CrainsCleveland.com/register 20130225-NEWS--7-NAT-CCI-CL_-- 2/22/2013 12:15 PM Page 1

FEBRUARY 25 - MARCH 3 , 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 7 Silicone Solutions doubles its space, and might not be done

By BRUCE MEYER Silicone Solutions has carried little or Rubber & Plastics News no debt throughout its history and generally doesn’t need to advertise. Silicone Solutions has moved “We’re fairly well known now in into a new plant in Cuyahoga Falls the industry,” he said. “If anyone in that roughly doubles the space it the industry needs something fairly had in its previous location. unique, we’re the company to come The company spent $500,000 on to. If they need something that’s not its new factory and invested another available, that’s what we do. We can $300,000 on equipping and renovat- make it glow in the dark, we can ing it, according to David Brassard, make it float. We’ve done a lot of founder and president. The site interesting things over the years.” sports roughly 11,500 square feet, Much of its growth last year and compared with between 5,000 and this year is coming from a silicone adhesive sold into the solar industry 7,000 square feet at the leased Silicone building it vacated in Twinsburg. in China. The standard silicones didn’t have high enough strength, Solutions Silicone Solutions wanted to buy founder and its former home and take over addi- so Silicone Solutions developed one that more than exceeded needs, Mr. president tional space, but Mr. Brassard and David the owner of the site couldn’t reach Brassard said. The company exported 570 bar- Brassard said terms. So he enlisted a real estate his company agent who identified 15 to 20 build- rels of the material to China last year, and this year the customer has made ings in the region that were roughly quite the right size, though many of them there is projecting that it may need about 1,100 barrels, he said. a few would have required a bit of work. However, Mr. Brassard will guard investments “This was the most expensive and against Silicone Solutions growing in its new didn’t require that much,” he said. too rapidly. plant, which However, Silicone Solutions did do “Too fast a growth is never any spans 11,500 a fair amount of work to customize good,” he said. “We were very busy square feet in the building to its needs. Mr. Bras- last year. Our margins are high Cuyahoga sard said the investment included enough where we don’t have to Falls. installing a color laboratory, quality scurry around.” BRUCE MEYER control lab, physical test lab and a maintenance area, plus constructing Not afraid to try a new dock with a larger door to About one-third of the projects accommodate deliveries. Silicone Solutions embarks on Silicone Solutions also purchased develop into products that it makes the contents of a research-and- for the customers. Many of those development lab and located that to are quite unusual, he said. the new building. One example is a washer with Even with the extra space, the com- bright orange silicone injected into pany still is a bit tight in its new digs. it that is used on skyscrapers. The “We own land to the south of us washers withstand 80,000 pounds so we can build out,” Mr. Brassard of torque when tightened. Mr. Bras- said. “I hope not to do that, but you WHEREVER YOU ARE, sard said when the torque hits the do what you have to do for contin- right range, the orange silicone is ued growth.” forced out the back and squirted all Secret formula around. At this point, an inspector on the ground can use binoculars to Mr. Brassard started Silicone Solu- see the orange around the holes, YOU’RE CLOSE TO GREAT CARE. tions in 1996 as what he calls a “tech- ensuring that the washers are tight- nical firm” to address problems using ened properly. silicone technology. It offers consult- The silicone becomes sticky for ing services; supplies customized for- one hour, then dries up and falls out, mulations of silicone adhesives, according to Mr. Brassard. Coming sealants, gels and coatings; and offers up with solutions like this is the part its own line of high-performance of the job he obviously enjoys. products, including one- and two- “Some folks do crossword puz- part room-temperature vulcanized zles,” he said. “I like a challenge, silicones using both addition and and it keeps me thinking.” condensation cure systems. During his time at Loctite, It doesn’t try to compete with big co-workers dubbed him the “Wild silicone elastomer suppliers in the Man,” because he never hesitated commodity end of the market, to try something different. focusing instead on high-end uses “By following that philosophy, that yield higher margins, said Mr. that’s how I’ve come up with all Brassard, who spent time at both those developments over the GE Silicones and Loctite Corp. years,” he said. “If you’re doing before launching his own business. everything the same as everybody That philosophy is evidenced by else, you’re not going to come up the price of some of its products. with anything new.” One of its standard silicone lines Another sliver of the business — runs nearly $1,700 for a standard roughly 10% — involves Mr. Bras- 10-ounce cartridge. sard selling technology. So far, the formula seems to be “If a manufacturer wants to do it working. Mr. Brassard said the fam- themselves I’ll teach them how to ily-owned company— nearly half of do it,” he said. “I’ll set them up and the 13 employees are related or wave goodbye. I’ve set up many The nationally recognized care and expertise of extended family — boasted sales of firms to manufacture silicone. I $5 million in 2012 and may come have no problem doing that.” The MetroHealth System is available at 17 convenient locations, close to doubling that this year. A couple of years back, he so you never have to go a long way to make a great comeback. “We’re not necessarily a marketing authored and published “The Sili- firm,” Mr. Brassard said. “We address cone Elastomer Handbook: A Guide problems and we solve them. Most to Applied Silicone Elastomer Tech- For a physician near you, call 216-778-7878, firms are marketing firms or sales nology.” The book is more elemen- or visit .org firms and they say, ‘Here’s our prod- tary in nature, and Mr. Brassard uct, buy them.’ We say, ‘What do you said he is about one-third of the way need and we’ll custom make it.’ I through a second, more advanced think that’s been our success route volume on the subject. ■ because we’re filling niches that no one else is interested in.” Bruce Meyer is managing editor of Known commodity Rubber & Plastics News, a sister publication of Crain’s Cleveland As a matter of business practice, Business. 20130225-NEWS--8-NAT-CCI-CL_-- 2/22/2013 4:24 PM Page 1

8 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013 JobsOhio: ‘Revitalization projects’ are crucial aspects of plan

continued from PAGE 1 will serve as financial incentives to They don’t leave. Then they want use them.” or renovating buildings that might that will net JobsOhio about $100 help businesses grow. It also will me to get in a bidding war with A return-on-investment approach, have concealed asbestos or chemi- million a year to use to bring jobs to tap into several tax credit programs somebody in another state.” originated by Mr. Minor’s predeces- cal contamination that could cost the state. In the deal, completed that will remain in place under the In 2011, the governor was stung sor, Mark Kvamme, now is a part of thousands — or millions — of dol- Feb. 1, JobsOhio used long-term new state Development Services when Chiquita Brands Internation- the JobsOhio DNA. lars to bring up to current environ- bonds to buy the profits from the Agency. al Inc. decided to move its head- So instead of leading with incen- mental standards. state liquor business. That transac- But, he said, those incentives no quarters from Cincinnati to Char- tives, Mr. Minor said, JobsOhio will “Initially, they were not enam- tion has drawn legal challenges that longer will play a central a role in lotte, N.C. The city of Charlotte be emphasizing broader issues ored with the Clean Ohio program postponed the bond sale. The Ohio how Ohio attracts jobs. offered a package of financial when it pursues new businesses or because it was an expensive pro- expansion projects. It will focus on gram,” Dr. Hill said. “But now (Gov. Supreme Court has yet to rule On second thought ... incentives valued at $22.7 million. on whether a lawsuit opposing Ohio’s package was less than $6.5 initiatives to train the work force of Kasich) is seeing that if you want to JobsOhio’s use of the liquor profits Although he wouldn’t call it a million. An aide to Gov. Kasich said the future and on the promise of an take disadvantaged parts of the can proceed, but the governor change in policy, Mr. Minor at the time that the state would not improved climate for business that state and put them back in play, decided to go ahead with the bond described a strategy that mirrors have recouped in new tax dollars administration officials maintain you need an inventory of land. sale anyway. recent statements by Gov. Kasich the investment it would have had would result from Gov. Kasich’s Unless you clear stuff off the land, A key part of the $100 million will expressing doubts about the effec- to make in a reasonable period of new tax reform plan, which would it has negative value.” fund what John Minor, president tiveness of large-scale incentive time. lower income taxes for most busi- Clean Ohio offered communities and chief investment officer of packages. Edward Hill, dean of the Cleve- nesses. as much as $3 million in loans or JobsOhio, called “revitalization During an end-of-the-year press land State University Levin College “We’re not going to get into bid- grants for remediation projects — a projects” — former factories or conference with Statehouse of Urban Affairs and an adviser ding wars with other states,” Mr. number JobsOhio might match, vacant land once used for chemical reporters, Gov. Kasich explained to state economic development Minor said. “We want to not lead Mr. Minor said. But Mr. Minor said processing or manufacturing that how he had changed his mind on efforts, said Gov. Kasich wants to with incentives. We want to lead the new program will prefer to in- come with environment problems. using financial incentives to attract move in a different direction. with the attractive business envi- vest with companies that will occu- These loans and grants would allow and keep companies. “It is clear from statements the ronment Ohio offers companies.” py the cleaned-up properties. Such an emphasis still puts the urban areas to offer growing busi- “If (you’re a business and) you governor has made that he is not Too much stuff nesses land at a price that can com- want to leave Ohio and you say (to enamored with pure incentives un- state at odds with strategies used by pete with so-called greenfield prop- me), ‘We’re leaving if you don’t give less there is a long-term investment About $43 million of the $100 Cleveland and other older cities. erties in undeveloped areas. They us help,’ that program is off the that is a result,” Dr. Hill said. “The million JobsOhio can spend annu- Tracey Nichols, Cleveland’s direc- will replace money awarded under board,’” the governor said, accord- governor, as a matter of economic ally for economic development tor of economic development, said the Clean Ohio program, which ing to The (Youngstown) Vindica- philosophy, would rather see Ohio programs will go toward revitaliza- for the city to compete in attracting expired last year. tor. “Believe me, there are CEOs spend its money investing in its tion projects, Mr. Minor said. business expansion, it needs to In addition, Mr. Minor said Job- that call me. I say, ‘Look, if you competitive assets, such as infra- The planned allocation to land clean up properties before it has an sOhio will roll out its own programs want to leave, I hope you have a structure, talent and technology, revitalization is a big change in the end user. Often, Ms. Nichols said, of low-cost loans and grants that nice trip.’ You know what’s funny? and let the market decide how to Kasich approach to economic de- companies don’t want to commit to velopment. The Kasich administra- a move if they must wait a year or tion let the former program, Clean more for an environmental cleanup Ohio, die last year without assur- before they can begin construction ances that it would be picked up by or renovation. JobsOhio. But JobsOhio is going to be reluc- The death of Clean Ohio disap- tant to make a grant without an end pointed older cities such as Cleve- user committed to a property. land, which couldn’t offer an “We want to have our projects expanding business a piece of land (attached) to new jobs that are that didn’t have some kind of envi- coming in,” Mr. Minor said. “Is ronmental contamination in need everything going to be tied to that? of a costly cleanup. Few companies Not necessarily. But that is going to are willing to risk building on land be our key focus.” ■

The Charles Spahr Lecture & Keynote Speaker: Jodi Berg The Institute for Sustainable Business Practice present President and CEO, Vitamix Corporation Ms. Berg will discuss how to think outside the box, leverage creative strategies and be ready to compete. Fairmount Minerals:

Leading by Example—

AwardsAwards & NNetworkingetworking GGalaala Join the Movement PM 5IVSTEBZ .BSDItoBSDIt o ttt&NCBTTZ4VJUFTt*OEFQFOEFODF&NCBTTZ4VJUFTt *OEFQFOFQFOE Tuesday, March 5, 7:00–8:30 pm Baldwin Wallace University &WFOU5JDLFUTt"XBSE'JOBMJTU*OGPSNBUJPO&WFOU5JDLFUTt"XBSE'JOBMJTU*OGPSNBUJPO Chuck Fowler Center for Innovation and Growth &(2)DLUPRXQW 330 Front Street, Berea, Ohio 44017 XXX$SBJOT$MFWFMBOEDPN/*"UJYXXX$SBJOT$MFWFMBOEDPN/*"UJY Minerals Fairmount Minerals is on a successful, on-going journey to sustainability, embracing a “triple "EWFSUJTFJOCrain’s/PSUFDITFDUJPO*TTVFEBUF -ARCHs"EDMPTF Feb 21 bottom line” approach of “people, planet, and prosperity.” This approach has enhanced $POUBDU Nicole Mastrangelo – [email protected] SURÀWDELOLW\DQGUHYHQXHJURZWKHQJDJHG its growing workforce, strengthened external stakeholder relationships, and positioned WKHÀUPIRUWKHIXWXUH&(2&KXFN)RZOHU 1SFTFOUFECZFOUFECZ shares Fairmount’s story to encourage others to join the sustainability movement.

Mr. Fowler’s talk is free and open to the public.

The Charles E. Spahr Lecture honors the legacy of 4QPOTPSFECZ Charles E. Spahr, former CEO of Sohio and former chair of the board of trustees of Baldwin Wallace University. The lecture series aims to inspire the BW community and northeast Ohio Business community on critical HWKLFDOLVVXHVIDFLQJWZHQW\ÀUVWFHQWXU\EXVLQHVV

Baldwin Wallace University does not discriminate on the basis of race, creed, age, disability, national origin, gender or sexual orientation in the administration of any policies or programs. 20130225-NEWS--9-NAT-CCI-CL_-- 2/22/2013 3:08 PM Page 1 20130225-NEWS--10-NAT-CCI-CL_-- 2/21/2013 4:27 PM Page 1

10 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013

PUBLISHER/EDITORIAL DIRECTOR: Brian D.Tucker ([email protected]) EDITOR: Mark Dodosh ([email protected]) MANAGING EDITOR: Scott Suttell ([email protected]) OPINION Whoa ov. John Kasich is fond of saying that he wants Ohio to be known as a business- friendly state. That message would be muddled, though, if the Legislature was to Genact the governor’s plan for significant tax changes in the next budget biennium. The part of the plan that works against the friend- of-business theme is Gov. Kasich’s recomm endation that the state lower the sales tax to 5% from 5.5% but broaden the base of businesses FROM THE PUBLISHER subject to the tax. At present, most service business- es are exempt from the sales tax; the governor is proposing that only a few service providers be exempt from the tax going forward. Fractured thinking over fracking Gov. Kasich has said expanding the sales tax to services is a recognition that the economy has remember my days as an Associated Shale. California). A group that can raise enough shifted dramatically from the sale of goods to the Press staffer in the San Francisco And this is how silly it can get. Last money or volunteer energy to get enough sale of services. Yet, despite this trend, most states bureau when we’d get yet another week, The Vindicator in Youngstown signatures can get an inflammatory issue still restrict their sales taxes largely to the purchase press release from the city of reported that the city’s council was on a ballot, despite its likelihood of ever IBerkeley, across the bay, about likely to put on the May ballot a being used once it’s passed. of goods. Adding Ohio to the short list of states that tax most services wouldn’t be a selling point for yet another declaration of BRIAN citizen-organized charter In Brunswick, one of that communi- amendment that would ban ty’s solid manufacturing firms, Philpott economic development officials as they go about nuclear non-proliferation or TUCKER hydraulic fracturing, or “frack- Rubber, has seen strong growth in a their business retention and attraction efforts. some other-worldly topic that meant little to the governance ing,” in the city. division that supplies some chemicals It also could produce what Larry Oscar, CEO of the of its citizens. This idea was floated even used in fracking. That city’s council is Hahn Loeser & Parks law firm, called “unintended “Got another hot one from though the city’s law director considering a resolution voicing con- consequences.” For example, Mr. Oscar wonders the People’s Republic of Berke- said the amendment as pre- cerns over the chemicals used in the whether a multistate law firm would tend to handle ley,” a jaded desk editor would sented would conflict with state fracking process. more of its legal work outside Ohio rather than in a chime in, wondering when the regulations and would be un- Philpott CEO Mike Baach said his new state where it would need to charge clients sales tax. council there had time to worry enforceable. That doesn’t mat- division is key to the company’s future, It’s unclear to what extent a broader sales tax about minutiae such as trash ter to Frack Free Mahoning Val- even its survival, and he’s concerned ley, an anti-drilling group that the would help pay for two tax cuts proposed by the pickup and sewer rates. about the message the council resolu- newspaper said had gathered about tion would send to other companies governor; one would lower personal income tax It happens, sometimes with locally elected councils. I don’t know if it’s a 4,000 signatures, well above the 1,562 interested in Brunswick. rates by 20% over three years, while the other would desperate act of self-rationalization or a valid signatures needed. All this, just as Ohio’s manufacturers slash by 50% the tax small business owners pay on need for nonstop publicity, but every so The Ohio Department of Natural Re- — lifted by the boost from the shale their first $750,000 of income. However, we often they stray from the reservation and sources has made it clear that the state industry — are coming back strong, and wouldn’t want to see personal tax rates reduced if start “taking positions” on issues that has total control over hydraulic fractur- the state’s unemployment level is well the tradeoff is applying the sales tax to the vast might stir the pot, or rattle a few of their ing, or any other type of drilling. The state below the national average. majority of service businesses. more strident supporters. Legislature approved laws years ago that How much sense does it make to give If Gov. Kasich insists on extracting tax revenue We’re seeing it play out across Ohio as removes regulation from local communi- so much time and energy to protesters from a host of businesses that now enjoy a tax break, construction continues on the infra- ties, for a host of logical reasons. who have nothing to accomplish, other structure for the fast-growing oil and This is what the government-by-peti- than keep their organizations’ names in we’d recommend — as we have multiple times in tion movement has given us (thank you, ■ the past — a change in the state’s commercial activity natural gas development of the Utica the media? tax. Apply the CAT to the first $1 million in annual taxable gross receipts brought in by a business, LETTER rather than collect just $150 on that first million, as is the case now. Hundreds of millions of dollars in new tax money would result without the imposition of a regressive tax on consumers of services. Summit hid threats posed by shale drilling And if the governor and his friends in the Republi- can-led Legislature really want to get serious about wells drilled are profitable. The fracking tax reform, they should heed another call we’ve eaders of Crain’s Cleveland Busi- WRITE TO US ness and all Ohioans need to business plan may be more about made in this space and should undertake a compre- Send your letters to: Mark Dodosh, know the whole truth about constantly reselling leases and wells to hensive review of all the dubious, special-interest editor, Crain’s Cleveland Business, 700 fracking — not the biased por- W. St. Clair Ave., Suite 310, Cleveland, investors and traders than about business tax breaks that have piled up on the state’s Rtrayal presented at the recent Shale Sum- producing gas. (See Deborah Rogers, OH 44113-1230 books. mit co-sponsored by Crain’s and public e-mail: [email protected] “Shale Promise or Shale Spin? The Eco- Despite making noise that they want to do away broadcasting organization ideastream. nomics of Hydrofracking,” Bill Huston’s with many tax giveaways, neither Gov. Kasich nor Consider: shaky economics, demon- investments in leases and drilling. When Blog, Feb. 7, 2012.) lawmakers have made a legitimate attempt at strated environmental hazards, and mis- the wells don’t pay off, the firms wind up As for demonstrated environmental reducing the number of tax credits, deductions and guided assumptions. scrambling to mask their financial trou- hazards, there is abundant scientific First, shale/fracking may be based on bles with convoluted off-book accounting evidence as well as thoroughly docu- exemptions for business that have been written into mented incident reports of environmen- the tax code. Instead, they’ve added to them over faulty economics. In Rolling Stone maga- methods.” (“The Big Fracking Bubble: zine, Jeff Goodell cites Arthur Berman, a The Scam Behind Aubrey McClendon’s tal damage in communities where frack- the last year. respected energy consultant in Texas, Gas Boom,” Rolling Stone, March 1, 2012.) ing has already been occurring. This If the governor wants to find revenue to justify who says that the business operations of The oil and gas industry has a long his- includes contamination of groundwater, income taxes cuts, closing these tax loopholes is the fracking corporations “resemble a Ponzi tory of overestimating resource reserves. air and soil with resulting serious public place to start. scheme, overhyping the promise of shale According to Deborah Rogers, a respect- health impacts. gas in an effort to recoup their huge ed economist, only about 10% to 20% of See LETTER Page 11 20130225-NEWS--11-NAT-CCI-CL_-- 2/21/2013 3:11 PM Page 1

FEBRUARY 25 - MARCH 3 , 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 11

THE BIG ISSUE

Will sequestration be a disaster for the economy or a necessary first step for the federal government to start getting spending under control?

MILDRED ELLINGTON BRYAN FALK NICI WORKMAN PAULIUS NASVYTIS Cleveland Strongsville Cincinnati Cleveland They might want to start I think short term it will I don’t think it will be I don’t see how sequestra- with their paychecks. If impede the economy’s disastrous for the tion can benefit anyone or Need a better Sales Approach? they cut programs, it will recovery. Long term, the economy. It will have a anything. It’s unfortunate hurt little people like me, cuts are absolutely neces- short-term impact with our political system is so CALL TODAY, 440 575-7000 the working poor. For the sary. The areas they have reduced income for federal gridlocked we have this WWW.SALESCONCEPTSINC.COM economy, it will be horrible. identified for cuts are not employees and on con- going on. It’s a sad state SELL MORE. the ones I would cut. The sumer spending. Long of affairs. We have too social safety net certainly term, budget cuts are many clenched fists in needs to be maintained. desirable and necessary. this. Do away with the fluff.

➤➤ Watch more people weigh in by visiting the Multimedia section at www.CrainsCleveland.com.

Credit Union Commercial Lending Steelyard Commons set to add Aldi For record low interest rates, call NOW! By STAN BULLARD entrance to the 700,000-square-foot more than 1,200 stores in the [email protected] shopping center were approved and expects to add Feb. 1 by Cleveland City Planning 50 to 80 stores this year, but the The fast-expanding discount Commission. spokeswoman could not provide grocer Aldi soon will become the Mitchell Schneider, president of an estimate for how many latest addition to the lineup at Steelyard developer First Interstate additional stores would be in the Steelyard Commons shop- Properties of Lyndhurst, said he is Northeast Ohio. ping center near downtown thrilled to add another food-oriented A report by RBC Capital Markets Cleveland. grocer to Steelyard and to increase Inc. ranks Aldi as the third fastest- A spokeswoman for Aldi Inc. said choices for consumers in the city of growing supermarket and grocery the company plans to build the Cleveland. The store will join at store in the United States in terms store and open it later this year. It Steelyard a Target and the only of plans to add stores in the next already operates 15 stores in Cuya- Walmart Super Center within the two years. hoga County, she said. Its most city limits. Keith Hamulak, a retail specialist recent store in the region opened in Aldi constructs small-format at CBRE Group Inc.’s Cleveland early 2012 in Macedonia, according stores in the 17,000-square-foot office, said he believes Aldi will be a Jonathan Mokri to Aldi’s website. range. It specializes in proprietary good addition to Steelyard because Plans for the store on Steelyard products to drive down costs. The of the density of the population it [email protected] Drive near the Jennings Road Germany-based chain now has serves. ■ (440) 526-8700 www.cbscuso.com

Subscribe to Crain’s Cleveland Business Call toll-free at 1-877-824-9373 or on-line @ Letter: Communities should be protected CrainsCleveland.com Click on “Subscribe Now.” continued from PAGE 10 The Western Reserve Land Con- ■ loss of outdoor recreation (For example, see “Human servancy, which participated in the venues; health risk assessment of air emis- Shale Summit, would be smart to ■ degraded public health (asthma, sions from development of uncon- apply this cautious approach to all cancer, and endocrine disruption); McDonald Hopkins BUSINESSB HOUR ventional natural gas resources” by those acres given to them to “con- and Dr. Lisa MacKenzie, et. al., Col- serve.” The conservancy should ■ billions of gallons of toxic and orado School of Public Health.) take serious time to study the envi- radioactive waste injected into the Creative Project Ohio needs to learn from states ronmental aspects of fracking, ground beneath our feet. that have already been negatively which their executive director stated Indeed, fracking has a deep, dark Financing impacted by fracking. Just look at that he has not done. (See SOI side. Do we really want to roll the the fracked communities in Penn- Interview, Feb. 4, 2013). dice and subject Ohio families to all *ODFOUJWFTGPSB sylvania. (“Chesapeake to Pay $1.6 There also is the assumption that these hazards? SFDPWFSJOHNBSLFU Million for Contaminating Water Ohioans will benefit from fracking. We hope that Crain’s, and its Wells in Bradford County,” by Some, especially corporations, will readers, will look at the work of Thursday, February 28, 2013 Susan Phillips, June 21, 2012, as benefit in the short term, but Ohio’s serious critics of fracking including Noon to 1:00 p.m. EST – Business Hour reported online in State Impact, a communities will suffer from lasting Deborah Rogers, Arthur Berman, McDonald Hopkins, 600 Superior Ave., Suite 2100 reporting project of local public damage that likely will include: Dr. Anthony Ingraffea, Dr. Yuri Gorby, media and NPR.) ■ production and injection wells James Northrup, Dr. Theo Colburn, Then there are misguided with cracked and failed well cas- Dr. Sandra Steingraber and many RSVP: mcdonaldhopkins.com assumptions, such as “fracking in ings, leaking methane and toxic others. A good place to start online PSDBMMUPSFHJTUFS Ohio is inevitable.” This is not certain substances; is www.neogap.org, the website of at all. ■ ruined safe drinking water the Network for Oil and Gas Many, many acres of land in Ohio sources (wells, ponds, rivers, Accountability and Protection are not under lease for fracking aquifers, etc.); (NEOGAP), an Ohio group that is extraction, and as long as they ■ disrupted local economies; helping citizens understand the remain so, fracking can’t happen in ■ reduced property values; threats posed by fracking. McDonald Hopkins LLC 4VQFSJPS"WF &BTU 4VJUF $MFWFMBOE 0)t those areas. Landowners can stick ■ disrupted and compromised Ron Prosek together to protect their communi- ecosystems from clear cutting for Network for Oil and Gas Account- Carl J. Grassi, President Shawn M. Riley, Cleveland Managing Member ties until such time as this technolo- well pads, pipelines, roads, and ability and Protection $IJDBHPt$MFWFMBOEt$PMVNCVTt%FUSPJUt.JBNJt8FTU1BMN#FBDI gy is proven safe, before they gamble compressor stations; Faith Communities Together for mcdonaldhopkins.com away their homes and health. ■ loss of farms and farmland; Frac Awareness 20130225-NEWS--12-NAT-CCI-CL_-- 2/21/2013 10:59 AM Page 1

12 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013

Attn: Manufacturers & Warehouses GOING PLACES JOB CHANGES LIGHTING CASE STUDY DISTRIBUTION N.E. Ohio Manufacturer 110K sq. ft. DAR-TECH INC.: Brett Walburn to Annual Energy Savings $30,658 president; Walt Walburn to chairman. FirstEnergy Rebate $18,015 JENNE INC.: Neil Sidorak to controller. Accelerated Tax Deduction $22,910 Marks Nagle Flinta Jacob McMurray Denham Brighter Facility 170% ENGINEERING R.E. WARNER & ASSOCIATES Upgraded HID & T-12 fixtures to INC.: Alex E. Marks to survey crew Energy Efficient T-8 & T-5’s chief. WISS, JANNEY, ELSTNER ASSOCIATES INC.: Michael Nagle to associate principal. CALL TODAY! FINANCE Barnhart Ohler Boland Brooks Klessel Rudowsky Turnkey project by VALLEY SAVINGS BANK: William Flinta, Marilyn Jacob and Debbie Jeffrey D. Brooks to senior manager; ROI Energy McMurray to senior vice presidents; Logan O’Sicky to tax associate; Scott www.ROI-Energy.com Patti Denham and Aaron Barnhart McClain to information technology. to vice presidents; Lisa Ohler to COHEN & CO.: Donna Jenkins, 330-931-3905 assistant vice president. Josh Morris, Rachel Roan, Andrea Arney, Anthony Dargaj, FINANCIAL SERVICE John Graham, Michael Schultz and Laura Sefcik to staff accoun- APPLE GROWTH PARTNERS: Schmitt Mileti Miller tants; Melissa Gallop and Will Michael to managers, tax; Sean Fox and A.J. Volpe to staff accoun- tants, Cohen Fund Audit Services. D’AMORE TATMAN GROUP LLC: William D. Allamon to senior accountant; Katherina M. Lipinski to manager; John M. Diefenderfer and Jonathan M. Sevastos to staff accountants. Twardokus Markin Watts ERNST & YOUNG LLP: Julie Boland, Craig senior director, collective impact. Coming April 1, 2013 Brooks, Jim Klessel, Jerry Rudowsky and REAL ESTATE Alex Schmitt to part- STOUFFER REALTY INC.: Joanne ners; Salvatore Mileti Zettl to market development regional and John Rodgers to manager. assurance partners; Goble Sean Miller to partner. RETAIL SPECIAL REPORT: LEAGUE PARK BUEHLER’S FRESH FOODS SU- ADVISORS: Wayne PERMARKETS: Rich Szymanski to The Impact of Cleveland’s Global Center for Health Innovation Twardokus to director. manager, Medina Forest Meadows; MALONEY + NOVOT- Laura Pope to manager, Brunswick. and Convention Center NY LLC: Beth Markin CLINE CELLARS AND JACUZZI and Jon Watts to FAMILY VINEYARDS: Keith Morris to managers; Sadie Goble vice president, national sales manager. and Katie Howard to Howard senior accountants. STAFFING DIRECT RECRUITERS INC.: Kasey LEGAL Fahey to health care IT project BROUSE MCDOWELL: Clair E. coordinator. Dickinson, Meagan L. Moore and STAFFING SOLUTIONS ENTER- Elizabeth G. Yeargin to partners. PRISES: Megan Shaffer to account TUCKER ELLIS LLP: John Favret, manager; Rachel Creasy to Justin Rice and Karen Ross to customer experience manager. counsel. TECHNOLOGY MANUFACTURING BLUEBRIDGE NETWORKS LLC: LASZERAY TECHNOLOGY LLC: John Meyer to systems engineer; Julie Critzer to vice president, finance. Chris Marino to account manager. SAFEGUARD TECHNOLOGY INC.: Patrick Manning to international TRANSPORTATION account manager. FLEET RESPONSE: Jodie Varner to director, business development. The long-awaited Medical Mart is opening in July. How will it affect Northeast Ohio’s MARKETING meetings and events business? How will it affect your business? ADCOM GROUP: Dean Ilijasic to BOARDS vice president, insights and account FIRST TEE OF CLEVELAND: Craig This special issue will be distributed to meeting and event professionals throughout planning. Donnan (Deloitte) to chairman. the region. Don’t miss your chance to reach this bonus audience, in addition to Crain’s GLAZEN CREATIVE STUDIOS: exclusive circulation to business decision makers. Devin Cathcart to account manager. AWARDS THINK MEDIA STUDIOS: Mary AMERICAN RED CROSS, Hipp to director of marketing. CHAPTER: Kevin Goodman (BlueBridge Ad reserve by date: March 21 NONPROFIT Networks LLC) received the 2012 Red Cross Community Volunteer COMMUNITY CARE NETWORK Hero Award and the 2012 Red Cross Ad materials due: March 26 AND CLEVELAND CHRISTIAN Hero Award, Greater Cleveland HOME: Jim McCafferty to CEO. People’s Choice Award. HANNA PERKINS CENTER FOR PRIMEGLOBAL: Laura Culp (Brock- Advertising Information: Nicole Mastrangelo at 216-771-5158 CHILD DEVELOPMENT: Jeannine man, Coats, Gedelian & Co.) received Lehman to finance director. the Tax Planner of the Year Award. or [email protected] UNITED WAY OF SUMMIT COUNTY: Beth Boggins to senior director, Send information for Going Places to major gifts; Nichole Booker to [email protected]. 20130225-NEWS--13-NAT-CCI-CL_-- 2/21/2013 2:30 PM Page 1

FEBRUARY 25 - MARCH 3, 2013 CRAIN’S CLEVELAND BUSINESS 13

INSIDE 20 TRI-C LOOKS FOR ‘THE BEST’ IN ITS SEARCH FOR A NEW PRESIDENT. HIGHER EDUCATION CHARTING A PATH TO SUCCESS

MARC GOLUB Baldwin Wallace student Jen Evans, center, has received help from both Margaret Stiner, director of academic advising, left, and Amy Jo Sutterluety, right, professor of health and physical education. For more, see Page 15. Universities are placing an increased focus on advising, recognizing its role in promoting student, institutional goals By SHARON SCHNALL State University. “We don’t want the focus to do with the rest of your life?’ ” said [email protected] to be that narrow in the student’s mind.” Susanne Miller, senior academic adviser at Yes, academic advisers (also known as Youngstown State University. “There are ollege graduates often recall their professional advisers and professional much bigger questions going on than, adviser as a person who helped academic advisers) are nonfaculty ‘What are you taking next semester?’ ” with class scheduling, one who personnel who counsel on academic In recent decades, the position has confirmed that graduation matters, albeit a broad range. However, evolved, becoming more visible as an Crequirements were met. they also help students with navigating entity, collaborating with on-campus “Registration is something important institutional processes and mapping a colleagues, and recognized as a signifi- that advisers do, but that’s a small piece of path toward graduation, as well as per- cant contributor toward student and what we do,” said Charity Snyder, sonal matters and long-term decisions. administrative goals. director of University Advising at Kent “We are asking them, ‘What do you want See SUCCESS Page 14 Recruitment efforts are at root of STEM programs

Akron, Greater Akron Chamber and rewarding institutions with high to the moves. Educating students Colleges reaching out to younger students, Akron Tomorrow opened the STEM degree completion rates. Given in the sciences, they say, breeds middle school at the National that students with STEM back- an informed citizenry and could promoting, preparing them in technical fields Inventors Hall of Fame in Akron. grounds are more likely to gradu- create jobs in the long run. Last fall, the same partners opened ate, higher education officials “This isn’t just about recruit- By TIMOTHY MAGAW disciplines related to science and a STEM high school at the site of the expect a surge of new outreach ment for us,” said Erik Porfeli, [email protected] math. former Central-Hower High School, efforts in the coming years. NEOMED’s assistant dean for Most recently, Cleveland State, which the university acquired from “Everybody wants the better community engagement and ortheast Ohio’s colleges with the help of a $1.25 million the Akron Public Schools through a students,” Dr. Ramlo said. “Why admissions. “If it was just about and universities are grant from the KeyBank Founda- swap of hundreds of full-ride not help K-12 schools provide that, we probably wouldn’t invest priming their admis- tion, in January announced plans college scholarships valued at about better education? That gives us an as much as we are. When it comes sions pumps with whiz to open a STEM school for $40,000 apiece. opportunity then to hopefully to STEM, you have very bright and Nkids who excel in science, technol- 11th- and 12th-graders in “We’re growing our own honors recruit those students who will motivated students if given some ogy, engineering and math — or conjunction with the Cleveland students for the University of have great experiences at the opportunity and some direction the STEM fields — years before Metropolitan School District. Also, Akron,” said Susan Ramlo, a pro- University of Akron.” can do great things before they fessor and special projects coordi- enter the work force.” they set foot on a college campus. last fall, Northeast Ohio Medical Get ’em young Some have gone as far as helping University in conjunction with the nator for STEM education initia- Dr. Porfeli said in addition to launch middle and high schools Rootstown Local School District tives at the university. While many university officials the on-campus STEM school, the dedicated to STEM education on or opened a STEM high school on the If Gov. John Kasich has his way, such as Dr. Ramlo admit recruit- university operates a number of near their campuses, while others medical school’s campus. the funding formula for higher ing well-prepared students is a key outreach initiatives aimed at have focused on rounding out pro- Additionally, the University of education in the state of Ohio is driver for college and university fostering an interest in science at a grams that target young learners in Akron in conjunction with the expected to shift from being based investments in STEM, they also young age. hopes of piquing their interest in Akron Public Schools, the City of largely on enrollment toward say there is an altruistic element See STEM Page 15 20130225-NEWS--14-NAT-CCI-CL_-- 2/21/2013 2:31 PM Page 1

14 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3, 2013 HIGHER EDUCATION Success: Advising relationships can impact retention, persistence

continued from PAGE 13 meeting institutional goals has University of Akron. Berea, the typical faculty adviser to can be substantial. “The engagement a student has impacted advising resource de- Advising can vary between insti- undergraduate student caseload is The average student-to-adviser with an institution is the key to get ployment and job duties at some tutions and among the units of each a 20-1 ratio, said Margaret Stiner, caseload at Kent State University is them to graduate and graduate on institutions, especially as it relates institution. Students may strictly director of academic advising and a 340-1 ratio, Ms. Snyder said; the time,” said Charlie Nutt. “Acade- to student outcomes, including work with a faculty adviser, full-time an adjunct English professor. At University of Akron’s is a ratio of mic advising is critical to teach timely graduation and reduced employees who teach. Elsewhere, Notre Dame College in South 340-400-to-1, Dr. Sherman said; students how to get engaged, how transfer and dropout rates. students work exclusively with pro- Euclid, a faculty caseload is a 25-1 and at Youngstown State University to get involved.” At Kent State University, Univer- fessional academic advisers, whose ratio, said Anna Zaks, director of it is approximately a ratio of 500- Dr. Nutt is executive director of sity Advising was created in 2011. key function is student advising. student advising. Both institutions 600-to-1, said Bill Buckler, coordi- the National Academic Advising That office, Ms. Snyder said, “will With some programs, a faculty ad- employ a faculty advising model. nator of academic advising and Association, a Manhattan, Kan.- not centralize all advisory functions viser is assigned to a student upon According to academic and in- associate professor of geography. based organization with more than but is standardizing what does not declaring a major. In some cases, a dustry literature, advising impacts “Believe it or not, it’s doable,” Ms. 11,000 members in the United need to be different, making the ex- student has both faculty and profes- persistence, a student’s ability to Roadruck said. “In that caseload, States, Canada and 25 other coun- perience similar” for today’s “fluid” sional academic advisers. continuously enroll in subsequent there are students who need to tries. He also is an assistant profes- student who changes majors, uses “In my ideal world, the advising semesters at the starting institu- touch base, but don’t need reme- sor of education in the department different campuses or learns model would be a relationship be- tion. Advising also impacts reten- dies.” of counseling and special educa- through on-campus classes one tween the faculty adviser, the pro- tion, graduating within a comple- It’s doable, in part, because tion at Kansas State University. semester, then online the next. fessional adviser and the student. tion rate prescribed at four years, students can be reached by large- Additionally, he said, other Last year, 17 full-time equivalent Everyone would have a role to six years or some other timeframe. scale means. factors have impacted the adviser’s adviser positions were filled at Kent play,” Ms. Snyder said. “Now, we’re seeing significant Freshmen orientations are the State University; the majority were movement that is truly looking at norm, held before the incoming significance as a university player, Prep work including academic research on newly created, Ms. Snyder said. how we prepare, from Day 1, to semester’s start. At Notre Dame successful advising models, the Since the 2010-2011 academic year, Professional advisers are de- help students graduate in four College, during the school year, industry’s efforts to professionalize the University of Akron has hired scribed as the detail people, the re- years,” said Dr. Nutt of the National faculty and advising staff speak the position and economic factors. 18 new professional advisers, said source people. They help students Academic Advising Association. about the advisory process at first- “As we have seen significant W. Michael “Mike” Sherman, make decisions toward a major and Clearly, advising is an important year seminar classes. changes in our economy and in our senior vice president, provost and graduation, and are the campus component of ensuring student Twitter and Facebook, market- work force needs, colleges and chief operating officer. conduits, for example, to career ser- retention and improving gradua- ing campaigns and targeted institutions are being held to higher Hiring more advising profession- vices, financial aid, tutoring and tion rates. And advisers have be- emails also make it doable. standards in regard to the gradua- als supports advising initiatives, mental health counseling. They come vital contributors toward So, too, do virtual capabilities. tion and completion rates of their reduces the adviser-to-student transition freshmen through first- maximizing those outcomes. The University of Akron is testing students, in fact in many states, like ratio, improves student services, year unknowns. They are technolo- “If you can keep the caseload web conferencing capabilities for Ohio, institutions are being funded increases the timeliness and fre- gy experts, coaching students to down and allow the adviser to be use by the advising units. Final partly on their graduation and quency of accessibility and ensures manage online accountabilities. more proactive and advise the implementation and full availabil- completion rates, not just their successful student completion. Faculty adviser counterparts are students, they will stay,” Ms. ity is expected by the end of 2013. enrollment numbers,” Dr. Nutt said. “We’re not just looking at at- considered mentors: experts Roadruck said. “We can think outside of the nor- Team efforts tracting and enrolling students connected to the field, helping Spreading the wealth mal one-to-one advisory appoint- but graduating citizens,” said students formalize major and ment. It’s that importance of touch- Administration recognition of Nancy Roadruck, assistant vice career decisions. But, undergraduate caseloads of ing base, of making connections by advising as a central player toward president of student success at the At Baldwin Wallace University in professional academic advisers another means,” Ms. Snyder said. ■

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FEBRUARY 25 - MARCH 3, 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 15 HIGHER EDUCATION Students still must STEM: Colleges partner with high schools continued from PAGE 13 Cleveland State, meanwhile, in Center, a clearinghouse of sorts for About two years ago, the 2005 launched Fenn Academy, a the university’s outreach efforts in university and its partners program that partners with area the STEM arena. Programs under stand on their own launched its Health Professions high schools to pique students’ the center’s umbrella include a Affinity Community — or HPAC — interest in engineering, according series of camps to spur an interest program, which is geared toward to Gregg Schoof, the university’s in science and medicine. With the ere are the facts: Jen middle and high school students manager of engineering student infusion of new funding, the Evans is a senior at “We don’t just want to tell who have an interest in health care programs. The program helps de- center plans eventually to launch Baldwin Wallace the students what to do; careers. sign engineering programs at the additional programs, according to University in Berea. we want to help them The HPAC program partners high school level and so far has James Bader, the center’s director. HShe is pursuing a bachelor of with Northeast Ohio schools and partnered with 42 high schools. “It gives us some liberties we arts degree with two majors: one in plan.” community organizations and Some of the businesses supporting haven’t had previously,” Mr. pre-physical therapy, the other in – Bill Buckler, coordinator of helps students identify health the effort include Lubrizol Corp., Bader. “It is a phenomenal oppor- public health. She also is pursuing academic advising and associate problems, such as diabetes, in Ford Motor Company, Parker tunity when you don’t have to two minors: biology and orthope- professor of geography, their communities and create Hannifin Corp. and Middough write a grant for everything you dic assessment and treatment. Youngstown State Companies. do.” She has a 3.99 grade point action plans to help tackle that problem. Others involved with the Mr. Schoof attributes in part the Mr. Bader said he would like the average. the right questions, but I was program are Kent State University, surge in enrollment in the univer- center to do more outreach to She will attend Ohio State hoping it would be otherwise,” Ms. Cleveland State University, the sity’s engineering program to the students’ families to help them University, starting this June, to Evans said. instill how rewarding a career in a pursue a doctor of physical Ms. Stiner asked open-ended University of Akron and Fenn Academy. Last year’s engi- STEM field can be. And if they therapy degree. questions. At one point, Ms. Evans Youngstown State University. neering freshman class, he said, choose not to pursue a career in a Her undergraduate goals are said she thought, “How is this “Our goal on a larger level is to increased 33% over the previous STEM discipline, there is still value being steadily reached. getting me anywhere?” do what we can as a state year, and projections for next fall in helping create a population Sound straightforward? It did. university to advance the health call for a 50% hike in the number Perhaps. Was it? Hardly. “After leaving her office, I had a and the economic prosperity of our of students. literate in the sciences. region,” Dr. Porfeli said. “We’re in a “We don’t have to be fancy,” Mr. Ms. Evans said she considered clearer sense of who I was and CWRU’s big plans seven majors in her freshman year what I wanted,” Ms. Evans said. uniquely strong position because Bader said. “This work is just the alone. She was assigned three “Ultimately, it’s your decision and there are so many jobs available in With the help of a $2 million type where you roll up your faculty advisers before connecting, no one’s going to give the answers health care, and health care is endowment, Case Western sleeves and get it done. It’s just as a sophomore, with adviser Amy to you except yourself.” directly responsible for the health Reserve University last month hard work to reach out to the kids ■ Jo Sutterluety, professor of health That sentiment is voiced by of a community.” launched the Gelfand STEM and provide opportunities.” and physical education and other advising professionals. program coordinator, exercise “We don’t just want to tell the science and pre-physical therapy. students what to do; we want to As she considered majors, Ms. help them plan,” said Bill Buckler, Evans sought additional advising coordinator of academic advising from Margaret Stiner, director of and associate professor of geogra- academic advising and an adjunct phy at Youngstown State Universi- English professor. ty. “We just want them to be pre- “I’m graduating on time,” Ms. pared.” Evans said. “It’s possible to make Consider the freshman student, changes.” who is not adept with initiating and Ms. Evans credits the advisory maintaining conversations with an experience not only with shaping adult; previous academic discus- her curriculum configuration, but sions may have been limited to a also with facilitating ongoing parent, high school teacher or guid- exploration. On a practical level, it ance counselor, said Anna Zaks, connected her with professional director of student advising at Notre resources. Next month, for exam- Dame College in South Euclid. ple, she and Dr. Sutterluety — The student-empowerment phi- whom Ms. Evans describes as a role losophy, therefore, helps students model and friend — will attend a acquire critical thinking and com- fitness conference in Las Vegas. munication skills. Utilizing advisers has been fruit- “The higher the student’s stand- ful, but a bit tortuous. Ms. Evans ing, the more we expect them to do said she recognized that advisers for themselves,” Ms. Zaks said. did not provide all the answers; the “We tell them, ‘I will help you, but I ensuing dialogue, while ultimately will not do it all for you from start productive, was also frustrating. to finish.’ ” “I knew their role was to ask me — Sharon Schnall

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18 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3, 2013 HIGHER EDUCATION

The distance-learning session — held in one of the interactive video PLACESOFNOTE distance learning classrooms at A look at Northeast Ohio’s interesting spaces LCCC’s University Partnership Ridge Campus — is illustrative of the newly constructed learning center’s overall technology focus. LCCC University In addition to housing the Toledo school’s computer science and engi- Partnership Ridge Campus neering partnership program, it soon will be home to a LCCC patient By AMY ANN STOESSEL Community College’s newest loca- simulation learning center and other [email protected] tion in North Ridgeville. information technology coursework. But despite appearances, he Students attending the Univer- arlier this month, a lone wasn’t flying solo: The student sity of Toledo program through student could be seen sit- instead was participating in a LCCC were the first, on Jan. 7, to ting in one of the class- University of Toledo class taking begin using the 46,000-square- rooms at Lorain County place miles way. foot, three-story building on E Lorain Road, located just off Inter- state 480 and in close proximity to the Ohio Turnpike. MARC GOLUB PHOTOS More students gradually are being added to the mix, with another LCCC session scheduled ABOVE: Lorain to start today, Feb. 25. Community College The $12.5 million location is the has opened a new, fourth outpost for LCCC, which 46,000-square-foot also has a presence in Lorain, location in North Largest national staffing firm headquartered in Wellington and Brunswick, in addi- Ridgeville. LEFT: tion to its main campus in Elyria. Students attending North East Ohio. Call today to see how we can help “What we’re really focused on is the University of you improve your overall staffing experience. providing the education and train- Toledo program ing necessary,” said Peggy Mich- were the first to Mentor Middleburg Hts. ener, University Partnership Ridge begin using the new 440-974-3391 440-243-8790 Campus coordinator. “We’re facility. really working to give students the Cuyahoga Falls Elyria education to fill the skills gap.” 330-926-9680 440-324-2880 degree and master’s degree options A new venture for LCCC, the Technically speaking with 12 institutions statewide. Advanced Digital Forensics Institute Independence Norwalk Ms. Michener said research by The University of Toledo’s com- will give students experience while 216-328-8168 419-663-1166 the school showing a need for puter science and engineering they are doing work-for-hire, said more IT-educated people in curriculum is a bachelor’s pro- Hikmat Chedid, professor of www.nescoresource.com www.talentalley.com Northeast Ohio helped drive the gram that can be completed in its engineering technologies. That decision to construct the building entirety at the new facility in space also will be available for lease. and center its uses on technology. Lorain County. Students are dually “We’re hearing from employers Additionally, the school is com- enrolled and dually admitted to they need specialized individuals,” mitted through its University Part- LCCC and UT, said Adrienne L. Mr. Chedid said. Aguilar, a University of Toledo nership programs to providing stu- The big picture dents a variety of educational program manager at LCCC. pathways, linking to both bachelor’s While the university partnership The new North Ridgeville is a key element of the new building location — for which LEED (Lead- — so much so, it’s part of the name ership in Energy and Environmen- — it also will be home to other tal Design) certification will be expanded technology offerings. sought — has two conference ■ The patient simulation learn- rooms and 15 classroom spaces, ing center, for one, will open in with a capacity for 400 students at mid-March and will feature the any time. A computer lab also is EMPOWERING YOU capability to put allied health and on site for public and student use. nursing students through lifelike All services that are available on scenarios. 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Its Elyria working with routers and switches. campus was designed for 6,600 ■ The Advanced Digital Forensics students and is now serving more Institute will serve as an extension than 16,000 students per semester. of the school’s already established However, Ms. Michener said the digital forensics program, which in intent is not necessarily to move part specializes in teaching students students, but to expand the school’s how to recover computer data. offerings and to draw new students. Such skills can be used as part of “We’re constantly looking at the The Boler MBA will connect you with engaged faculty, highly investigations into crime or fraud needs that are out there,” she said. and within a variety of sectors, “We want to provide a career motivated students, successful alumni, and the Greater such as banking and law. path.” ■ Cleveland business community in unique and powerful ways. 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FEBRUARY 25 - MARCH 3, 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 19 HIGHER EDUCATION Oberlin gets down to business with Scholars program By KIMBERLY BONVISSUTO obtaining her MBA from Harvard Learning curves accounting and finance,” Mr. [email protected] Business School, Miss White ven- Dana Perry, executive vice presi- Parry said. “The Oberlin graduates tured out on her own by starting dent and chief financial officer of can learn that, and in addition to When companies go in search Bookalokal.com, a food and travel advertising agency BBDO New problem solving skills, that goes a of leaders, the job description startup headquartered in New York. York, is a 1983 graduate of Oberlin. long way.” usually includes “critical thinker,” She has not forgotten her roots, vol- Although the Business Scholars Richard T. Berman, director of “creative problem solver” or unteering nearly every year since program was not in place when he the Oberlin Career Center, said “great communicator.” graduation to participate in the was a student, he sees it as a great while there is not a large mass of But there are some who believe Oberlin alumni who go into the Kohl Szigethy Business Scholars program. She way for companies to gain access traditional business schools can be said the Oberlin connections and to “bright kids” and a way to give business and finance, those who do too narrow in focus, failing to chal- could explain in plain terms what the mentoring the Business Schol- back to his alma mater. a “very accomplished as they lenge students to question the sta- they did every single day,” she said. ars program fostered elevated her to He has hosted the program, used approach mid-career and beyond.” tus quo, think creatively or effective- “My eyes lit up about investment where she is today. Oberlin students as interns and “They’ve done well and done well ly communicate at varying levels. banking. I didn’t really appreciate “The Business Scholars pro- hired graduates. by doing good, whether it’s socially Indeed, a 2011 study from the what the job entailed.” gram created almost like a mini “People that go to classic responsible investing or just the way Carnegie Foundation for the After working at Bear Stearns business school network within business schools are very good at they do private equity work,” he Advancement of Teaching — “Re- and Riverside in New York, and Oberlin,” Miss White said. the technical part of business — said. ■ thinking Undergraduate Business Education: Liberal Learning for the Professions” — concluded that integrating liberal arts into the business curriculum creates intel- ligent, ethically grounded leaders. Ten years ago, when Stewart A. Kohl and Béla Szigethy, co-CEOs of private equity firm The Riverside Co., funded the inaugural Oberlin Business Scholars Program at Ober- lin College, one of their aims was to draw more of that liberal arts school’s students into business. The month-long winter program immerses participants in an intense series of workshops and site visits, teaching students the intricate workings of mergers and acquisi- tions, hedge funds and venture cap- ital, as well as accounting, consult- ing and public relations. Mr. Kohl said he and Mr. Szigethy recognized there was a perception that an Oberlin graduate did not have the same knowledge access to the business world as other schools. “We felt the Business Scholars program was a very tangible way to address that,” he said, adding that it also provided a way to nur- ture the interests of high-quality liberal arts students in business. “At the start of it, we thought the world would be better off if more Oberlin-type students ended up in business. They have a background in critical thinking and also a pros- pering set of values to live their lives,” Mr. Kohl said. “We had a feel- ing that would be a good thing for business. It would also be a very good thing for Oberlin if we changed the perception some people have — that if you go to a school like Ober- lin, you are disadvantaged.” Mini business school network Mr. Kohl, of Shaker Heights, and Mr. Szigethy, of New York, both 1977 Oberlin graduates, continue to THIS IS share their experiences with Oberlin students through the Business ENGAGED Scholars program, which is funded through alumni donations. LEARNING About 10 to 15 students are accepted annually. This year, 12 csuohio.edu students and more than 40 alumni volunteers participated in programs in Oberlin, New York and Chicago as it celebrated its 10th anniversary. Since its start, 150 students have graduated from the program. CSU ranks #2 in the nation for Fulbright Scholars Evelyne White, who went through the inaugural program, said she explored internships in various This year 5 more CSU faculty members were named Fulbright Scholars, fields, including music, law and government, but hadn’t found a nearly 50 in less than a decade. The result? A global gateway connecting Cleveland niche. When someone suggested a career in consulting, she applied for State to the world. the Business Scholars Program. For Miss White, it was a life- changing decision. She said the program provided her with her first overview of opportunities available in business. “It got us in front of people who 20130225-NEWS--20-NAT-CCI-CL_-- 2/21/2013 11:29 AM Page 1

20 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3, 2013 HIGHER EDUCATION Presidential searches are exhaustive, complex but he noted Dr. Thornton has is also evolving, which makes the dates. The search committee then Tri-C has big shoes agreed to stay on board for a search for a new leader even more “looked at every one of the submis- month or two should the search complex. Many presidents in sions,” according to Mr. Carleton. to fill in Thornton; take longer. recent years having shifted their Search committees for college “You have to look for the best in time toward more external efforts, or university presidents tend to list of candidates the field,” Mr. Whitehead said. such as fundraising or community run on the larger side, given the “We’re one of the premiere engagement, rather than simply number of interested parties on a will be extensive community colleges in the oiling the gears of the daily opera- college campus in a president’s country. We’re optimistic the tions of the college, according to selection. As of last week, Tri-C’s By TIMOTHY MAGAW position will be attractive.” Ronald Abrams, president of the had 19 members. [email protected] Ohio Association of Community “As a group, I think we can Tri-C’s search Colleges. Dr. Abrams said Dr. make sure we get the right Jerry Sue Thornton’s announce- Tri-C enlisted R.H. Perry & Asso- Thornton excelled in that role, and person,” said Mary Hovanec, chair ment last month that she would ciates, a D.C.-based search firm, to he expects Tri-C’s next leader will of the joint faculty senate at Tri-C retire from her post as president of assist with finding its next presi- likely have those qualities. and a member of the search Cuyahoga Community College dent and plans to start reviewing “Dr. Thornton has been very committee. “We can’t replace her applications March 14. Mr. White- good at that,” he said. “She under- with an identical person, nor sent shockwaves through North- RUGGERO FATICA east Ohio’s higher education com- Cuyahoga Community College hopes head said the college is expecting stands what’s going on on campus would you want to, but we’ll look munity, and many wondered who to have a replacement for retiring more than 100 applicants and but made that transition to be much at everyone in terms of what they more external. Any time an institu- could fill the shoes being vacated president Jerry Sue Thornton — would recruit candidates who can bring to the college.” tion has an opportunity to bring in a by an individual who over the last shown in 2010 — in place by July 1. otherwise wouldn’t apply. That However, Ralph Dise Jr., presi- two decades became a stalwart in candidate pool could include indi- new leader, they should keep in dent of Dise & Co., an executive the region’s civic affairs. faculty, students, staff, trustees — viduals from community colleges, mind they can broaden that.” search firm in Cleveland, said who have skin in the game. Tri-C’s enrollment, for one, four-year institutions and the busi- A different breed? there is a danger to having such exploded under Dr. Thornton’s “When you come to the end, the ness and nonprofit communities. large search committees. Mr. Dise tenure, with its student body surg- final selection a search committee Mr. Whitehead, a former Baldwin Wallace University recommends a group of no more ing from 23,000 students on three would recommend to a board of FirstEnergy Corp. executive and a hired its current president, Robert than five, otherwise he said “you’ll campuses to 32,000 on four. She trustees should be a decision that well-known figure in Northeast Helmer, about a year ago after an have way too many opinions, and also presided over a swath of can be celebrated across the Ohio business circles, has been exhaustive search that brought the you’ll never be able to satisfy ambitious construction totaling campus,” said Thomas Courtice, a involved in several executive small private university in Berea everyone.” about $300 million, which included senior search consultant for AGB searches over the years, but due to more than 80 applicants, according Most importantly, however, a new campus in Westlake, two Search, a Washington, D.C.-based the special nature of an academic to Paul Carleton, chair of the uni- search experts caution against Corporate College campuses and executive search firm specializing search, he’s enlisted Carol versity’s board of trustees. While benchmarking its applicants an academic center in Brunswick. in higher education, and a former Cartwright, the former president of the university employed a search against Dr. Thornton’s lengthy list Given the changing nature of a president of Ohio Wesleyan Kent State and Bowling Green State firm, Mr. Carleton, who is the of accomplishments and instead college presidency and the pres- University in Delaware, Ohio. universities, to be “at my elbow as managing partner at investment look for an individual who can sure of replacing a top executive of “Given the nature of governance, a an adviser through the process.” banking firm Carleton McKenna & take the community college to Dr. Thornton’s standing, experts new president needs to benefit by “Academia is special in many Co. in Cleveland, said “you don’t greater heights. in executive searches say the quest a consensus celebration to begin ways,” Mr. Whitehead said. “You leverage them as much as you “The person can not replace Jerry for Tri-C’s new leader isn’t going what is a very difficult leadership have to deal with a faculty, and an would in a corporate search.” Sue Thornton,” Mr. Dise said. “She to be an easy haul. In fact, such and management assignment.” institution as large as ours has Mr. Carleton said the firm or has her own leadership style, own searches are rarely a breeze given David Whitehead, a Tri-C several labor unions. You also consultant’s role in a higher ed personality and amazing relation- the complex governing structure trustee who is chairing the search have to take into account the search, at least in Baldwin ships she’s built over the years. The of higher education institutions committee, said the plan is to diversity of the community.” Wallace’s case, was to drum up new person is going to be different and the array of stakeholders — have a new leader in place July 1, The role of the college president interest for the job among candi- than Jerry Sue Thornton.” ■

FIND YOUR INNER LEADER

HIGHER EDUCATION …online Pam Lebold, Director MBALearn more at a Multiple responsibilities, a demanding schedule, Virtual Open House travel…any of these make it difficult to pursue an Wednesday, March 6 advanced degree, no matter how much it might ands down, our higher education professionals are www.bw.edu/mba-online benefit your career. H among the best in the business. But that doesn’t quite cut it. The way we see it, it’s not enough that we’re That’s why Baldwin Wallace University is now offering its top-notch experts in accounting – we need to be experts MBA in Management in a hybrid format—in the two-year at what you do too. That’s why we make it our business to know your program, 75% of the coursework is online and the business, inside and out. Maloney + Novotny has extensive experience remaining work completed in seven weekends on our working with colleges and universities providing audit, accounting, tax Berea campus. and consulting services. You will study Baldwin Wallace’s distinctive, systems approach to management, the same program (with the same faculty) that is offered in the traditional classroom. Its combination of sound theory and real-world application has produced effective managers for organizations of all ■ Cleveland 216.363.0100 types for more than 30 years. ■ Canton 330.966.9400 Start the next phase of your career. Learn more about BW’s ■ Elyria 440.323.3200 275 Eastland Road online MBA at www.bw.edu/mba-online. Classes begin in + Business Advisors and Certified Public Accountants maloneynovotny.com Berea, Ohio 44017 August 2013.

Baldwin Wallace University does not discriminate on the basis of race, creed, age, disability, national origin, gender or sexual orientation in the administration of any policies or programs. 20130225-NEWS--21-NAT-CCI-CL_-- 2/22/2013 2:54 PM Page 1

FEBRUARY 25 - MARCH 3 , 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 21

BRIGHT SPOTS

Bright Spots is a period feature in and Stack to connect, engage and achievement; embody the intersec- “It was not without its chal- George Gund Foundation in honor Crain’s highlighting positive business interact with like-minded fans on tion of innovation and entrepre- lenges,” said Fresh Fork owner of George Gund III, a Cleveland In- developments in the region. Sport Street,” according to a news neurship; and recognize the value Trevor Clatterbuck in a statement. ternational Film Festival founding To submit information, email Scott release from the companies. and role of the arts in shaping and “I love venison and our customers board member who died last Suttell at [email protected]. Terms of the deal were not dis- supporting entrepreneurial inno- often ask about it. When we month. closed. vation. embarked on this project, there “Toy’s House” is directed by Jor- ■ Kip T. Bollin, a litigation part- Sport Street uses social media Winners will be honored at were no guidelines to follow — we dan Vogt-Roberts and produced by ner at Thompson Hine LLC in such as Facebook, Twitter and In- Young Audiences of Northeast had to help create them ourselves. Chagrin Falls native Tyler David- Cleveland, was elected to serve on stagram to market its website and Ohio’s 60th anniversary gala Sept. It was a risk, but one we believed son, whose credits include the ac- the Federal Bar Association’s app. It also has more than 27 and will receive a commemora- was worthwhile.” claimed 2011 drama “Take Shel- 12-member national 400 of what it calls “col- tive award, as well as a fund named Mr. Clatterbuck said he asked ter.” It stars Nick Robinson, Nick board of directors. lege brand ambas- in their honor for Young Audiences’ some Amish farmers to raise white- Offerman, Megan Mullally, Alison The association repre- sadors” who use their Fund for Their Future. tail deer for him. Then, he and an Brie and Mary Lynn Rajskub. sents more than 16,000 personal social net- Young Audiences bills itself as a Ohio butcher began traversing the Cleveland International Film federal lawyers, includ- works of friends to multi-arts resource for schools in legal hurdles of offering venison for Festival officials described “Toy’s ing 1,200 federal judges, spread Sport Street’s the region that make learning resale. House” as “a unique coming-of- and serves as the nation- reach nationwide. through the arts an essential part of “We jumped through a lot of age story about three teenagers al representative of the young people’s education. hoops,” Mr. Clatterbuck said. “My who, in the ultimate act of indepen- federal legal profession. ■ Young Audiences of butcher had to get an exotic animal dence, decide to spend their sum- Mr. Bollin also serves on the Northeast Ohio is accepting nomi- ■ Fresh Fork Market, a weekly processing license. We have to send mer building a house in the association’s national budget and nations for its 2013 Arts, Education grocery subscription program, has samples of each animal to test for woods.” finance committee, the member- and Entrepreneurship Awards. something new for members this Chronic Wasting Disease. The “Toy’s House” recently was ship committee, and as chairman Applications, which can be year: farm-raised venison. whole process is new, so the rules picked up for distribution by CBS of the task force for review of mem- found at www.yaneo.org/awards, The venison will be available in had to be created.” Films. bership growth and benefits. are due March 15. The awards are cuts as well as ground meat. In Tickets to the opening night gala He previously served on the open to all Northeast Ohio resi- addition, area restaurants will be ■ “Toy’s House,” a comedy shot are $125 per person, or $100 for association’s nominations and dents or those who directly con- able to buy local venison for their last summer in Northeast Ohio Cleveland International Film Festi- elections committee, and is a past tribute to the vitality of the region. menus, according to Fresh Fork, that earned raves at the recent val members. The event includes president of the organization’s In the Arts category, candidates which describes venison as a lean Sundance Film Festival, will be the film at 7 p.m. at Tower City Cin- th Northern Ohio chapter. should make a significant impact red meat that boasts lower choles- the opening night film at the 37 emas, followed by a “Toy’s House” Mr. Bollin focuses his legal prac- on their artistic discipline; serve as terol than chicken and is lower in Cleveland International Film Fes- party and celebration of the life of tice on the defense of product lia- a model for the power of the arts in fat than other red meats. tival. Mr. Gund at 9 p.m. at MK Ferguson bility and business claims, includ- everyday life; and foster interaction Fresh Fork Market says it’s the The film will kick off the festival Plaza in Tower City. ing putative class actions. among children, adults or the com- first distributor of local venison in on Wednesday, April 3. The open- This year’s festival runs from munity. Ohio. ing night gala is sponsored by the April 3-14. ■ Stack Media, a Cleveland- In the Education category, candi- based multimedia company targeted dates should demonstrate an to high school athletes, and Sport understanding and appreciation Street Social Network of New York for the arts in education; recognize said they have formed a partner- the importance of imagination and ship that will allow users of Sport creativity for the future of educa- Street — a recently launched social tion; and contribute to the vitality -ARCH sAM AM platform for passionate sports fans and enrichment of education in %MBASSY3UITESAT2OCKSIDE — to gather and share video and Northeast Ohio. )NDEPENDENCE /( editorial content from Stack. In the Entrepreneurship catego- In addition, the partnership “will ry, candidates should demonstrate allow younger sports enthusiasts leadership through creative

Kowit-led group purchases Lakewood WORKERS’ Center North building for $3.4 million

A local investor firm in Washing- group led by com- ON THE WEB Story from ton, D.C., that COMPREHENSION mercial real estate www.crainscleveland.com runs or invests in Dynamic Insights to 2013 Workers’ Comp and Healthcare Savings broker and investor Brad Kowit is distressed properties for and with the new owner of Lakewood Center lenders. North — the tallest office building in The purchase is the second bite the Cleveland suburbs — in a from the Lakewood apple for Mr. distress sale by a lender-led owner- Kowit and his investors, whom he ship group. declined to identify. MEET THE PANEL: Mr. Kowit said in an interview last Mr. Kowit and Steve Passov, Friday, Feb. 22, that the new principals of their namesake Kowit owners will wait to determine the & Passov brokerage in Mayfield future of the half-empty, 15-story Heights, acquired the landmark INA building. Building, 14701 Detroit Ave. in “We’ve got to feel it out and live Lakewood, in 2009 in a different with it awhile to know what’s best,” partnership. The INA Building and Mr. Kowit said. “We certainly like it the adjoining Bailey Building since as an office building.” have been transformed as their Steven Oddo, Bud Andrako, Gary Convertino Art Stehlic, However, he acknowledged at humdrum first floor — empty President & Founder President Ed.D., PHR, TBD President least two floors might be best used except for an insurance office — Diversified Employee KKSG & Associates, Inc. for something other than offices — was enlivened with multiple retail Andrako Insurance Executive Human perhaps apartments, a hotel or re- tenants and eateries. Solutions Consultants Resources tail. “We love Lakewood so much that Consultant Cuyahoga County records show we’ve decided to buy another Lakewood Center North LLC, a building. Lakewood’s really come group led by Mr. Kowit, on Feb. 20 back in the last few years,” Mr. REGISTRATION: paid almost $3.4 million for Lake- Kowit said. wood Center North’s 258,000 The Kowit-led group already has a Contact Denise Donaldson at [email protected] square feet of office and first-floor lot riding on the building’s future. retail space. Land records show no mortgage www.CrainsCleveland.com/BREAKFAST The seller, 14600 Detroit Avenue was placed on the building, indicat- Holdings LLC, was a lender-led ing a cash purchase. Asked if a group after the prior owner mortgage would be filed soon or if Presented by Underwritten by surrendered the keys in a “deed in it’s a cash deal, Mr. Kowit paused a lieu of foreclosure” filing in March minute before answering. 2010. The prior owner was led by “Good old greenbacks,” he said. CWCapital Asset Management, a — Stan Bullard 20130225-NEWS--22-NAT-CCI-CL_-- 2/22/2013 11:03 AM Page 1

22 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013 LARGEST 2012 NE OHIO PHILANTHROPIC GIFTS

RANKED BY GIFT AMOUNT(1)

Development contact Cash or Phone number Rank Recipient Donor Gift amount Gift date Purpose of the gift Connection to recipient commitment Generous benefactor, 1 University Hospitals Harrington Family 50,000,000 Feb. 28, 2012 UH Harrington Discovery Institute volunteers, board N/A Sherri Bishop Foundation member (216) 983-2200 Rainbow Babies & Sherri Bishop 2 University Hospitals Children's Foundation 32,500,000 Dec. 14, 2012 Rainbow Babies & Children's Hospital Longtime benefactor N/A (216) 983-2200 Grateful patient, Kathryn DeLong 3 Anonymous 14,000,000 Dec. 6, 2012 Cardiovascular registry, research and education volunteer leader Cash (216) 448-0649 Cash and Jonathan E. Bridge 4 University School T.L.L. Temple Foundation 12,000,000 July 2012 Academic wing Alumnus commitment (216) 831-2209 Medical school extension campus and graduate osteopathic Kathryn DeLong 5 Cleveland Clinic Anonymous 11,000,000 April 30, 2012 medicine education Education partner Commitment (216) 448-0649 Mt. Sinai Health Care To support construction of a medical education and research Significant supporter of Lawrence Gibson 6 Case Western Reserve University Foundation 10,000,000 Sept. 2012 building the medical school Commitment (216) 368-4352 The foundation has 6 Case Western Reserve University The Cleveland Foundation 10,000,000 Sept. 2012 To support construction of a medical education and research supported significant Commitment Lawrence Gibson building university initiatives (216) 368-4352 Grateful patient, Kathryn DeLong 6 Cleveland Clinic Anonymous 10,000,000 Sept. 1, 2012 Pathology Laboratories building Cleveland Clinic trustee Commitment (216) 448-0649 George Gund Foundation Transformation: the Campaign for the Cleveland Museum of Cash and August A. Napoli Jr. 6 and the Gund family 10,000,000 Nov. 16, 2012 Art (building and renovation) Longtime supporters commitment (216) 707-2154 Estate of Charlotte B. Kaye Ridolfi 10 The Cleveland Foundation Thompson 8,782,368 Nov. 28, 2012 Named fund, scholarship Donor Cash (216) 861-3810 Grateful patient, Kathryn DeLong 11 Cleveland Clinic Anonymous 8,000,000 Dec. 21, 2012 Lerner College of Medicine Cleveland Clinic trustee Cash (216) 448-0649 Jack, Joseph and Morton Transformation: the Campaign for the Cleveland Museum of Cash and August A. Napoli Jr. 12 Cleveland Museum of Art Mandel Foundation 7,500,000 Aug. 22, 2012 Art (building and renovation) Longtime supporters commitment (216) 707-2154 Raymond Q. Armington Kaye Ridolfi 13 The Cleveland Foundation Family Trust 5,600,000 Feb. 2, 2012 Two funds; one designated, one restricted Donor Cash (216) 861-3810 John T. Petures Jr. 14 Akron Community Foundation Medical Mutual of Ohio 5,000,000 Feb. 24, 2012 To establish the Medical Mutual Community Investment Fund Philanthropic partner Cash (330) 376-8522 Lawrence Gibson 14 Case Western Reserve University Anonymous 5,000,000 May 2012 To support the university library Graduate Commitment (216) 368-4352 Larry Sears and his wife, To support creation of think[box], a campus center for Lawrence Gibson 14 Case Western Reserve University Sally Zlotnick Sears 5,000,000 Feb. 2012 innovation and entrepreneurship Alumni Commitment (216) 368-4352 Grateful patient, Kathryn DeLong 14 Cleveland Clinic Anonymous 5,000,000 Sept. 1, 2012 Pathology and laboratory medicine research and education Cleveland Clinic trustee Commitment (216) 448-0649 Friend and longtime R. Michael Cole 14 Cleveland Institute of Art Peter B. Lewis 5,000,000 July 31, 2012 Campus modernization and unification project donor Commitment (216) 421-7413 The George Gund Brad Whitehead 19 Fund for Our Economic Future Foundation 4,000,000 July 12, 2012 Operating support N/A N/A (216) 456-9801 Cash and Jonathan E. Bridge 19 University School Marge and Dan Moore 4,000,000 Sept. 2012 Academic wing Alumnus, trustee commitment (216) 831-2209 Lawrence Gibson 21 Case Western Reserve University Anonymous 3,500,000 Dec. 2012 To support initiatives of the School of Medicine Friend of the university Commitment (216) 368-4352 Kathryn DeLong 22 Cleveland Clinic Anonymous 3,487,745 June 22, 2012 Area of greatest need Grateful patient Cash (216) 448-0649 Jonathan E. Bridge 23 University School Anonymous 3,400,000 Sept. 2012 Academic wing endowment Alumnus, trustee Commitment (216) 831-2209 Lawrence Gibson 24 Case Western Reserve University Anonymous 3,000,000 Nov. 2012 To support initiatives of the Case School of Engineering Graduate Commitment (216) 368-4352 To support the Laura and Alvin Siegal Lifelong Learning Lawrence Gibson 24 Case Western Reserve University Alvin and Laura Siegal 3,000,000 Sept. 2012 Program Mr. Siegal is a graduate Commitment (216) 368-4352 (2) Estate of Dorothy Ellen To support the flight nursing program at the Frances Payne Lawrence Gibson 24 Case Western Reserve University Ebersbach 3,000,000 Aug. 2012 Bolton School of Nursing Graduate Commitment (216) 368-4352 Grateful patient, Kathryn DeLong 24 Cleveland Clinic Anonymous 3,000,000 Sept. 1, 2012 Pathology and laboratory medicine research and education Cleveland Clinic trustee Commitment (216) 448-0649 Endowment fund for equipment, music programs and Longtime friend of the Gloria Moosmann 24 Cuyahoga Community College Tommy LiPuma 3,000,000 April 1, 2012 scholarships college Commitment (216) 987-4788 To establish the Rainbow Legacy Leadership Campaign Sherri Bishop 24 University Hospitals Anonymous 3,000,000 Jan. 6, 2012 Endowment Fund Generous benefactor N/A (216) 983-2200 The Judge Clande and Thelma Emmons Internship, financial 30 University of Akron Estate of Howard A. 2,778,000 May 21, 2012 assistance to junior or senior students in the Department of Friend Cash Timothy R. DuFore Haberkost Chemistry (330) 972-7238 Supporter of the 31 Case Western Reserve University Anonymous 2,700,000 Two gifts in To support initiatives of the Case School of Engineering university's research Commitment Lawrence Gibson 2012 and education programs (216) 368-4352 Akron Children's Hospital Committed volunteers Cash and John D. Zoilo 32 Akron Children's Hospital Woman's Board 2,500,000 June 2012 Capital campaign and supporters commitment (330) 543-4450 Kathryn DeLong 32 Cleveland Clinic Anonymous 2,500,000 Feb. 21, 2012 Thoracic and cardiovascular surgery research and education Grateful patient Cash (216) 448-0649 Kathryn DeLong 32 Cleveland Clinic Anonymous 2,500,000 Feb. 21, 2012 Thoracic and cardiovascular surgery research and education Grateful patient Cash (216) 448-0649 Andrew W. Mellon Longstanding national Cash and Anizia Karmazyn 32 The Foundation 2,500,000 Dec. 19, 2012 Special Artistic Excellence and Initiatives Fund support of the arts commitment (216) 231-7551 Kathryn DeLong 36 Cleveland Clinic Anonymous 2,369,235 May 24, 2012 Vascular surgery and endovascular techniques research Grateful patient Commitment (216) 448-0649 Kaye Ridolfi 37 The Cleveland Foundation Russell J. Ferree Fund 2,262,885 Feb. 28, 2012 Unrestricted fund Donor Cash (216) 861-3810 Sherri Bishop 38 University Hospitals J.S. Rube 2,250,000 Nov. 19, 2012 Sleep medicine program Generous benefactor N/A (216) 983-2200 Annual fund, student financial aid, general building and Maureen Ischay 39 Notre Dame College Normandy Catering 2,075,000 Dec. 18, 2012 construction Friend of the college Commitment (216) 373-5335 Source: Information is from the gift recipients with additional research by Crain's. Crain's Cleveland Business does not independently verify the information and there is no RESEARCHED BY Deborah W. Hil 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) Donations to religious organizations were not included. (2) The estate gave a total of $5,000,000; a $2,000,000 commitment was received in 2011. 20130225-NEWS--23-NAT-CCI-CL_-- 2/22/2013 1:35 PM Page 1

FEBRUARY 25 - MARCH 3 , 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 23 Club: Corporate sponsorships and revenues have been on rise continued from PAGE 1 general counsel for KeyCorp. cally or via a live event, he said. dance and greater community sup- Fortunately, Mr. Harris noted, “More importantly, it will feel Currere Inc., a Cleveland con- To achieve financial sustainabil- port, Ms. Danforth said. corporate sponsorships and related different. sulting firm, was hired to ensure a ity — another strategic aim — the Added Mr. Harris: “That was revenues have increased, thanks to “Historically, the City Club has result “that was going to cause the City Club will need to meet the probably the biggest ah-ha the club’s successful Centennial informed, has provided a speaker City Club to look different and bet- demands of its new and emerging moment — the fact that in some Campaign. Sponsorships stood at pretty much in a passive way,” Ms. ter at the end,” Mr. Harris said. audiences while retaining its exist- communities, there was substan- 34 as of June 30, 2010, 39 a year lat- Danforth said. “Now, we’re talking “We intuitively believed that ing audience, Ms. Danforth said. tially more sponsorship.” er and 57 as of June 30, 2012, and about informing, motivating and what the City Club has been for the The strategic plan prescribes a To that end, the City Club has be- sponsorship revenues more than engaging … creating opportunities last 100 years has been important, look at the City Club’s program for- gun tapping into its corporate doubled to $489,810 in fiscal 2012 for the conversation to continue.” respected and highly valued, but in mat and a reconsideration of how it members in a “different, more vi- from $233,975 in fiscal 2010. In response to those who have that form, it was not going to sus- markets and manages member- brant, more expansive way,” Ms. Blending old with new told the City Club that they want to tain for the next hundred years ship. Younger professionals have Danforth said. A task force now will identify continue talking about the topics because things have changed,” Mr. said they are not as attracted to Instead of offering a “vanilla” how to implement the findings and raised at its well-known Friday Harris said. “We needed to be paying a membership fee as they sponsorship package that gives a strategies of the new plan. It’s ex- Forums, the City Club is considering responsive and try to stay ahead of are to providing philanthropic sup- sponsor standard benefits includ- pected that some changes will be offering virtual chat rooms and more that changing environment.” port, Ms. Danforth said. ing employee membership in the rolled out over the next couple events at times beyond Friday’s The younger crowd also has said City Club, Ms. Harris said the orga- months, Mr. Harris said. lunch hour and at places outside the On to the next 100 years it wants greater access, she said, nization is talking with sponsors to Hugh E. McKay, immediate past club’s four walls at 850 Euclid Ave. The strategic plan approved by noting that taking off a couple develop packages that are respon- president of the City Club and a club It also will continue to expand its the board Jan. 28 contains several hours to attend Friday Forums can sive to what they want. For example, a sponsor that isn’t in member, is confident all of the use of social media such as Twitter key objectives. be tough for seasoned and green downtown Cleveland and isn’t going plan’s parts will result in a “more en- in order to reach a broader audi- One aim is strengthening the professionals alike. to send employees to Friday Forums ergized, more relevant City Club.” ence that can tweet observations City Club’s staff and board leader- The strategic plan isn’t about instead may want a sponsorship He is particularly optimistic about about, and questions to, a given gutting the history and traditions of ship. Already, the organization has package tailored to allow them to the organization’s plans to target speaker as they speak. the so-called Citadel of Free launched a search for the person sponsor some number of forums in a younger prospective members. “Our online presence is pretty who will replace Jim Foster, who Speech, however. given year, Mr. Harris said. In such “Frankly, historically, we’ve nominal at the moment,” Ms. Dan- this month announced his retire- The Friday Forums, which still cases, the sponsor could have tables focused on and catered to more forth said. “We’re on it (social ment after serving 20 years as the have “robust participation,” ac- and recognition at those events. senior people,” said Mr. McKay, media), but we haven’t managed it City Club’s executive director. cording to Ms. Danforth, will con- Such tailoring had been done partner-in-charge of the Cleveland in a way that draws people into it.” The City Club’s partnerships also tinue, as will live radio broadcast of “episodically” before; now, the City office of Porter Wright Morris & The hope is, with a larger audi- will be evaluated, Ms. Danforth said, them. But City Club leadership Club is focused on it, he said. Arthur LLP, a law firm and corpo- ence and new delivery platforms, as there’s opportunity for more col- heard it loud and clear: There’s a The City Club’s membership had rate sponsor of the City Club. the City Club can harvest fresh rev- laboration with other nonprofit and desire to gather at other times. been declining in recent years, “We’ll certainly continue to cater enue streams in addition to the for-profit organizations that also Finally, the strategic plan stress- though the number has stabilized, to more senior folks, but the future membership and sponsorship dol- have speaker series to spread costs es elevating the City Club’s visibili- Mr. Harris said. From June 30, 2010, of Cleveland, plainly, is with this lars it has pulled in historically. and expand audiences. ty and brand via, among other to June 30, 2011, individual member- relatively younger generation,” he The strategic planning process As an example, Mr. Harris said the things, a marketing campaign. ships fell 5.5%, to 846 from 896, and said. “What’s particularly exciting began last fall, spawned by the City Club could partner with a health An ‘ah-ha moment’ membership revenues in the fiscal about the strategic plan is how we desire to couple the City Club’s care organization to provide a forum year ended June 30, 2011, dipped to are going to engage and harness the centennial celebration with an in- for ongoing conversation about a The City Club has taken notes $146,189 from $155,365 in fiscal 2010. tremendous positive energy of the trospective strategic assessment, health care topic that begins with the from similar organizations across However, membership edged up to up-and-coming generation here said Mr. Harris, a past president of City Club. Continuation of the dis- the country and found that some 853 as of June 30, 2012, and revenues because that is the future. That is the organization and secretary and cussion could be achieved electroni- have fewer events with larger atten- rose to $151,470 in fiscal 2012. the next hundred years.” ■

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24 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013 TRY LIBERTY FOR YOUR Wellness: Local employers buying in continued from PAGE 3 HOME LOAN Movable, the Brecksville startup Great interest rates & most current terms are available, subject to credit approval & program terms that makes the MOVband, has had little trouble convincing school dis- LOW RATES Ž LOW COSTS Ž SUPERIOR SERVICE tricts and businesses to buy them. The company sold nearly $1 mil- lion of MOVbands in 2012, its first 216.359.5597 full year in business, and it’s just getting started, according to

EQUAL HOUSING founder and CEO Blake Squires. OPPORTUNITY Though Movable got its start by promoting the brightly colored wristbands as a way for schools to interest kids in physical fitness, the company now is targeting what Mr. Squires said is a far bigger market: WHAT IGNITES YOU? corporate wellness programs. “Corporate is really where this EDUCATING PHYSICIANS, PHARMACISTS company will grow into a twenty-, SUBMITTED PHOTO AND HEALTH CARE RESEARCHERS thirty-, sixty-million-dollar busi- Since the start of the year, eight area employers have committed to launching ness,” he said. wellness programs involving the MOVbands. Since the start of 2013, eight local employers have launched or test customer for Movable. The firms Hatch Partners and Sea Dog committed to launching wellness MOVband, along with Weight Watch- Ventures, as well as individual programs that involve the MOVband. ers, helped her lose 50 pounds after investors, Movable launched the And the device is proving popular she had her third son, Ms. Lann said. first version of the MOVband in among the companies that have That’s why she encouraged John September 2011. The amount of started to use it, said Mr. Squires, who Ertz, managing partner for the investment capital raised to date is previously helped start Findaway northern Ohio offices, to buy “well into” the seven-figure range, World, a Solon company that makes MOVbands for other Northwestern said Mr. Squires, one of the part- Playaway digital audio players. Mutual employees. ners behind Hatch. Movable, which Employees who wear MOVbands He’s glad he did. The program has 11 full-time and four part-time easily can spot one another, so even is generating conversation and employees, plans to raise more nonathletes end up talking to each friendly competition among money this year, he added. employees, which should help other about how many “moves” Other companies also make them become healthier and more they have tallied on the device, wristbands designed to help people productive, Mr. Ertz said. which also gives them an estimate measure how active they are. For He noted that people in other of how many miles they have instance, there’s the Nike FuelBand Northwestern Mutual offices are walked, said Mr. Squires, who sold and the coming FitBit Flex. Those starting to ask about MOVbands, too. his Findaway World shares for an devices have their advantages. For “It’s spreading outside of our instance, they both can transfer neomed.edu undisclosed price in 2010. firm in northern Ohio,” he said. “It’s no longer the group that data wirelessly to a computer; by It spread quickly at Hyland Soft- contrast, transferring data from a would ride bikes on the weekend or ware, too: About 800 of the West- the athletes talking in their different MOVband requires plugging it into lake company’s 1,500 employees a computer’s USB port. groups,” he said. “We create a cul- opted into its MOVband program. tural impact around health and However, the FuelBand costs The turnout “far exceeded” expec- about $150, and placing a pre-order performance.” tations, said Anne Hartnett, well- Presented by for the FitBit Flex costs about $100. Well, well, well ness coordinator for the content The newest version of the MOVband management software developer. costs $30. Companies that want to Once a company starts using Real estate giant DDR Corp. of collect activity data on Movable’s MOVbands, the devices tend to Beachwood bought about 150 website and receive help managing catch on quickly, according to a few MOVbands after wellness program a MOVband fitness program pay an of Movable’s new corporate cus- manager Sarah Ezzie saw her kids extra $5 per employee, per year. tomers. wearing them. They attend Fern- Movable has held costs down by Of the 300 or so people who work way School in Shaker Heights, one keeping the device simple, and by in the northern Ohio offices of of more than 125 schools that use keeping a close eye of manufactur- Northwestern Mutual, about 60% ac- the wristbands. ing costs, Mr. Squires said, noting tively are participating in the finan- “They got so into it, just to see that the MOVband is made in Shen- cial services company’s MOVband those numbers go up on the zhen, China. program, said Ms. Lann, chief oper- MOVband,” Ms. Ezzie said. “We’re really good at supply Gala Tickets ations officer for those offices. chain and manufacturing,” he said, Nice price Ms. Lann, who is friends with Mr. citing skills he learned at Findaway Now Available Squires’ wife, Michelle, served as a With financing from investment World. ■ Recognizing IT executives who have displayed superior leadership and vision within their enterprises Redwood: Trails at Hudson community will www.CrainsCleveland.com/ciotix rent out units starting at $1,700 per month continued from PAGE 3 The Hudson community takes its Redwood this year also plans to Ticket inquiries: Denise Donaldson – [email protected] Mr. Conwill said the key for the name from a bike and hike trail that construct 95 units in a second runs next to the development. To phase to the 76-unit Ridgecrest pro- Advertise in Crain’s CIO section: Issue date: April 15 company is finding available single- family and condominium-zoned satisfy Hudson’s open-space ject on Bagley Road in North Ad close: April 4 land that communities will allow to requirement, Mr. Conwill said the Ridgeville. company donated 1.5 acres to Ralph McGreevy, executive vice Contact: be developed as one-family rentals. Nicole Mastrangelo – [email protected] Closer to home, Redwood plans to Metro Parks of Summit County for president of the Northeast Ohio open its first units in the Trails of a trailhead next to its project and Apartment Association trade group, the trail. said Redwood’s founder and own- Co-Presented by: Hudson in Hudson this May. Mr. Conwill said the company agreed to Hudson Mayor William Currin er, Steven Kimmelman, has been limit residents of Trails of Hudson to said the project will be a welcome successful with his concept over people age 55 and over to meet a addition to the city. time. requirement from Hudson. The “With this project, Hudson will “Everyone has a different take on 30-acre site Redwood is developing be able to meet the needs of more what people are looking for in there was zoned for elderly housing. of its citizens as their housing rental housing,” Mr. McGreevy “We found that this fit our demo- requirements transition, as well as said. “Not everybody wants to be graphic, so we agreed,” Mr. Conwill provide opportunity to new resi- Associated Estates Realty Corp. or Cocktail Reception Sponsor: Video Sponsor: said. He said Redwood’s rentals are dents” to buy homes of aging resi- K&D Group.” Both firms operate suited to people who want to shed dents, Mayor Currin said. large, often multistory, apartment lawn work as they age and move to Rents at Trails of Hudson, 5251 buildings. smaller homes after their children Hudson Drive, start at $1,700 a In northern Ohio, Redwood owns grow up, but still want to live in a month, compared with about 15 communities in locations as far single-family or cluster-home com- $1,100 at Redwood’s other commu- east as Maumee and as far south as munity. nities. Wooster. ■ 20130225-NEWS--25-NAT-CCI-CL_-- 2/22/2013 4:11 PM Page 1

FEBRUARY 25 - MARCH 3 , 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 25 TOA: Company’s employment has risen from 120 to 425 since 2008

continued from PAGE 1 Mr. Carmi said. Today it also ic Quadrant report put TOA in the management products that tie That growth means a lot more, counts utilities, insurance compa- “leader” category in 2012, meaning directly into bigger software sys- however, when it starts from a $20 nies and retailers as customers. that it received high scores for both tems that many businesses use to million base, said chief technology “We have companies that send its ability to execute and its vision. run their daily operations. officer Irad Carmi, who founded out asphalt trucks to fill holes in the Only one competitor, ClickSoft- Even so, TOA expects sales to the company with CEO Yuval road. You just name it,” Mr. Carmi ware, a publicly traded company in keep increasing, Mr. Carmi said. Brisker in 2003. said. Israel, ranked higher. “All the signs are that 2013 is “It’s easier to have very high TOA also has been benefiting The report for years has given going to eclipse anything before it,” growth when you’re a very small from a growing demand for “cloud” TOA high marks for its vision, but he said. company,” Mr. Carmi said. software, which are programs that last year its execution score TOA recently started going after TOA (pronounced toe-uh) isn’t companies access via the Internet, increased dramatically. Companies more midsize businesses, Mr. so small anymore: The company Carmi said. with high execution scores have Carmi said. Late last year, the com- today employs about 425 people, Of the 13 software companies that proven that they can sell a good pany released ETAdirect Profes- up from 220 in February 2011 and Gartner reviewed in its 2012 Magic product and keep customers hap- sional, a version of its software de- 120 in July 2008, according to fig- Quadrant for Field Service Manage- py, Mr. McNeill said. Potential signed for companies with a few ures from past Crain’s stories. SUBMITTED PHOTO ment report, only two — TOA and clients often know who those com- hundred employees. In Beachwood, TOA employs 52 TOA Technologies co-founders Yuval ServiceMax of Pleasanton, Calif. — panies are before Mr. McNeill men- Not that it has forgotten about people, up from 30 at the start of Brisker (CEO), left, and Irad Carmi originally designed their mobile the big clients. Customers such as 2012. The company also has a large tions them. (chief technology officer). work force management products software development office in Among other things, the 2012 Cox Communications are starting to be delivered over the Internet, Ukraine as well as several other then, it has sold its ETAdirect soft- report lauded TOA’s sales growth, to renew contracts they signed offices throughout the world. ware to several new customers, said William McNeill, a senior re- the mobile version of its software years ago, said John Opdycke, Those employment numbers including three big telecommuni- search analyst in Gartner’s Boston and the release of ETAworkforce, a vice president of worldwide mar- should continue to rise, Mr. Carmi cations companies: Cablemás of office. new product designed to work with keting for TOA. Plus, the compa- said. Mexico, Global Village Telecom That early start gives them an Salesforce.com’s popular customer ny is working to close several “We’re going to end the year with and TIM Brasil, both of Brazil. advantage, Mr. McNeill said. relationship management soft- large new deals, each of which is well over 500 people,” he said. TOA also has pushed to diversify “Vendors that started off as an ware. bigger than any contract the com- on-premise solution and created a Head in the cloud its customer base over the last few However, companies that want pany previously has won, Mr. years. A large majority of TOA’s ear- cloud-based version of their prod- to do more than manage mobile Opdycke said. A few factors have helped accel- ly customers were big cable, phone uct are playing catch-up,” he said. workers should consider other “Those kinds of deals will allow erate growth at TOA. For one, the and Internet service providers. Looking for the eclipse products, the report stated. For us to continue to grow and add company entered the Latin Ameri- Now telecommunications compa- instance, software giants Oracle people in Cleveland and all over the can market in early 2012. Since nies account for only half its clients, For the first time, Gartner’s Mag- and SAP offer mobile work force world,” he said. ■ Corporate: Business couldn’t obtain credit from suppliers

continued from PAGE 3 caused a cost overrun of about causing the company to become ington filed a motion for the ap- Technologies. it had borrowed $830,000 more $800,000. out of formula. pointment of a receiver for 5777 In recent years, Cleveland Corpo- than its collateral would support He also revealed in an interview Mr. Peck estimated that the pro- Grant LLC on Dec. 7 and that an or- rate Services developed TAP-it, an under terms of its agreement with last Friday that 2012 was not a prof- ject was probably 80% of the way to der appointing a receiver was interactive platform for use with Huntington. itable year for the company. Mr. completion. granted this month. special needs students and teachers. Peck said the company had en- Ultimately, Cleveland Corporate In a letter posted on another Problems with the construction Cut off from credit project landed the company in joyed steady increases in sales for Services was unable to obtain business website, Mr. Peck re- trouble with its bank, said Harry W. most of its more than 20 years in Huntington’s bankruptcy attor- debtor-in-possession financing, vealed that TAP-it will continue to Greenfield, a partner with Buckley operations, but that sales dropped ney declined comment on the situ- which is used to fund a company be offered through an entity called King LPA and the attorney repre- in 2012. He did not quantify the size ation last Friday, and a Huntington through Chapter 11 proceedings, Westminster Technologies LLC, senting Cleveland Corporate Ser- of the decrease. spokesman said, “Because this and it was unable to obtain unse- but that the company will not be a vices in its bankruptcy. Mr. Greenfield said Huntington matter is in litigation, it is Hunting- cured credit from its major suppli- Smart reseller. Mr. Peck said it was discovered stopped financing the construction ton’s policy not to comment. The ers, Mr. Greenfield said. “Our offering of special needs in early 2012 that there was a signif- loan, and Cleveland Corporate Ser- proceedings are a matter of public The company was founded in hardware, software and profession- icant problem with the design of vices continued paying for the pro- record.” 1989 as a business selling and rent- al development services will be ex- the building’s heating, ventilation ject through cash flow, which re- Records in Cuyahoga County ing audiovisual equipment. In panding in the coming months,” a and air conditioning system that sulted in less available cash, Common Pleas Court show Hunt- 2000, it became a reseller for Smart letter signed by Mr. Peck states. ■ REAL ESTATE CLASSIFIED Phone: (216) 522-1383 Fax: (216) 694-4264 Copy Deadline: Wednesdays @ 2:00 p.m. Contact: Denise Donaldson E-mail: [email protected] All Ads Pre-Paid: Check or Credit Card

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26 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM FEBRUARY 25 - MARCH 3 , 2013 THEINSIDER REPORTERS’ NOTEBOOK THEWEEK BEHIND THE NEWS WITH CRAIN’S WRITERS Lettuce celebrate! practice as a specialty at O-M, where he FEBRUARY 18 - 24 owned a stake for many years. A $17.5 million project that has been in “I heard about office deals at the dinner the works since 2008 finally has sprouted in table from as early as I can remember,” Mr. The big story: Summa Health System in Cleveland’s Central neighborhood. Gustafson said. — Stan Bullard Akron signed a letter of intent with Cincinnati- Green City Growers Cooperative — a 3.25 based Catholic Health Partners to create a strate- acre urban hydroponic greenhouse— offi- Putting a lid on gic partnership. Terms remain to be worked out; cially opens its doors today, Feb. 25, with the gift of gab officials at both Summa and Catholic Health Part- much fanfare, including free lettuce wraps ners hope to complete their deal by mid-year. and salads prepared with lettuce grown at Cuyahoga County Executive Ed FitzGer- the greenhouse. Tom Strauss, Summa’s president and CEO, SUBMITTED PHOTO ald made a point of keeping his State of the confirmed the partnership will involve Catholic The cooperative planted its seeds Dec. 12 County address last Tuesday, Feb. 19, before Health Partners taking a minority stake in and began harvesting its bounty Feb. 12. Co., has joined Colliers International’s new an overflow City Club of Cleveland audience The year-round greenhouse, which already Summa, though he would not specify the size of Cleveland office as a senior vice president at the Renaissance Cleveland Hotel, close to is producing 60,000 heads of lettuce each that stake. Summa will remain autonomous in and principal. the 30-minute mark. week, is expected over time to produce 3 That was in keeping with the tradition of operations. Catholic Health Partners will have a million heads of lettuce and 300,000 pounds Mr. Gustafson said he switched firms presence on Summa’s board commensurate with because he was attracted by the chance to the club, which long has broken up its of herbs every year. 60-minute programs into equal parts the ownership percentage. “I think this is part of how Cleveland is build a brokerage where he has an owner- ship stake and to expand his practice in the speech and question-and-answer session. reinventing and transforming itself. I hear Last year, the county executive’s speech ran A boost for Brook Park: Ford Motor Co. decade or more before he retires. from people all over the country, and people closer to 50 minutes. That left time for only announced it will spend nearly $200 million to O-M had been part of the international are excited about what Cleveland is doing,” one question, disappointing several question- retool part of its Cleveland Engine Plant in Green City Growers CEO Mary Donnell said. Colliers network, which brokers use to share out-of-market assignments, until the two ers among the 900-plus people in attendance. Brook Park for the production of small, 2.0-liter At present, Green City Growers employs 25, So Mr. FitzGerald was surprised when the EcoBoost engines, beginning in 2014. That new most of whom are residents of the green- firms parted ways in 2010. However, Mr. Gustafson said gaining work through Colliers second question last week came from City work should bring employment at the plant house’s surrounding neighborhoods. They Club program director Carrie Miller, who from about 1,300 at present to more than 1,700, soon will become employee-owners of the co- was not a driving factor for his move. More important, he said, is his enthusiasm about always does a little research in case she has with Ford expecting to hire about 450 workers to operative business and will share in its profits. to get the ball rolling when attendees are The project had the support of several participating in the momentum growing make the new engine. Membership in United slow to frame questions. partners, including Case Western Reserve among the three Ohio Colliers offices. Own- Auto Workers Local 1250 could climb from “I thought you worked here?” Mr. University, Cleveland Clinic, University ers of the Columbus and Cincinnati offices about 1,100 today to around 1,600, said Mike FitzGerald asked. “No one else wanted to Hospitals, Cleveland Foundation, Sisters of launched the Cleveland office last year. Gammella, president of the union local. ask a question?” Charity Foundation of Cleveland, the city of “This is a banner week for us,” said Brian “Nobody really expected to have the time The Key to Victory: KeyCorp agreed to sell Cleveland and Cuyahoga County. Hurtuk, managing director and principal of the Colliers Cleveland office, of Mr. for a second question,” Ms. Miller replied, as its investment management subsidiary, Victory — Timothy Magaw Gustafson joining the firm last week. He said many in the audience — repeaters from last Capital Management, to Crestview Partners, a Chip off the old Mr. Gustafson’s deep knowledge and net- year — began a wave of laughter that private equity firm in New York that has teamed work of contacts in Northeast Ohio business included Mr. FitzGerald. with employees of Victory to acquire it for $246 block makes a move is invaluable. With that, several questioners rose to the million. The sale is expected to close in the third Tom Gustafson, who boasts a storied last His late father, John Gustafson, was microphones to keep the conversation quarter, and KeyCorp estimates the after-tax name in Cleveland’s commercial real estate dubbed the “dean of Cleveland real estate.” going. gain of the transaction will range from $145 market and 18 years at Ostendorf-Morris The late Mr. Gustafson initiated the office — Jay Miller (and yes, he’s Carrie’s dad) million to $155 million. Key will seek regulatory approval to use the gain from the sale to repur- chase shares of its common stock. MILESTONE BEST OF THE BLOGS

Bank on it: PVF Capital Corp., the Solon- Excerpts from recent blog entries on based parent company of Park View Federal CrainsCleveland.com. Savings Bank, agreed to be acquired by F.N.B. Corp., a bank with $12 billion in assets that is based in Hermitage, Pa. The definitive agree- His Casa can be your casa ment provides for the acquisition by FNB of all ■ House names aren’t what they used to be. the common stock outstanding of PVF Capital in COMPANY: Wallover Oil Co., Strongsville Forget the era of Graceland, Fallingwater a stock-for-stock transaction. The transaction is and Mar-a-Lago, The Wall Street Journal valued at $106 million. OCCASION: Its 150th anniversary said. In their place: Casa de Kraftmaid, among others. On the up and up: Home sales in January P.M. Wallover founded Wallover Oil Co. in “Once lofty, associated with grand man- to 2011,” reversing a five-decade trend of were up in Northeast Ohio and statewide from 1863, in the middle of the Civil War, which sions and reflective of the physical environ- advanced levels of indoor plumbing. That th January 2012, an increase that marked the 19 the company says makes Wallover one of the ment or a family name, (house names are) decay “another obstacle to recovery in Rust straight month where sales in Ohio improved oldest independent manufacturers of lubri- now just as apt to be quirky and to appear on Belt cities already beset by crime and pover- over the like month the year before. According cants in the United States. little shacks,” the paper notes. The names ty,” Bloomberg noted. Indeed, “Detroit leads U.S. cities in to figures from the Ohio Association of Realtors, The company takes the milestone serious- these days “can be like vanity license plates: homes that the Census Bureau says lack ba- home sales in the 17 counties in Northeast Ohio ly. It created a new logo for the landmark whimsical attempts by owners to communi- sic plumbing,” according to the news ser- that are part of the Northeast Ohio Real Estate year, and its website now includes a blog, at cate humor and personal identity.” www.wallover.com/blog, that traces the vice. About 19% of the city’s 360,951 hous- Exchange multiple listing service increased 8.4% But it’s not just about vanity. The Journal company’s history, according to president ing units lack complete plumbing. in January, to 2,211 units from 2,039 in January noted that a survey conducted last April of Eric Kielts. The agency “found similar devolution in 2012. Dollar volume of sales in the NEOREX 4,000 consumers by the U.K.-based real es- For instance, a Feb. 13 blog post noted Flint, Mich.; Cleveland and Dayton, Ohio; market climbed 16%, to $255.1 million last tate website Globrix “found that one in 14 that as soon as Mr. Wallover started his first Camden, N.J.; and Buffalo, N.Y.,” Bloomberg month from $219.6 million in January 2012. said they would be prepared to pay more for refinery, “he began experimenting with a lot reported. a home just because it had a name.” of different types of oils. As a result, Wallover The problem is “distinctly urban and in- Gift-giving season: University Hospitals One home with a quirky name is Casa de provided the first signal oil used on the Ohio sidious,” said Alan Mallach, a senior fellow received $14.5 million in new gifts, which will Kraftmaid, a 15,000-square-foot mansion in River, and he conducted a lot of experimen- at the Brookings Institution in Washington. support the health system’s cancer and women’s Moreland Hills that went on the market in hospitals. Kathleen Coleman, the wife of late tation with wool oils. John D. Rockefeller was “When a unit becomes vacant in large 2011 for $3.7 million and is advertised as a parts of Detroit, Cleveland, Camden, you Lubrizol Corp. CEO Lester Coleman, donated building pipelines on behalf of his company, “one-of-a-kind property” with an 8,000- name it, it gets stripped,” he told $7.5 million to the UH Seidman Cancer Center, Standard Oil, so transportation of oil from Pennsylvania to the rest of the Union was square-foot swimming pool. Bloomberg. “Where you have these roving and Barbara Peterson Ruhlman, the daughter of made more convenient.” The Journal said the name comes from the stripping gangs, as well as vandalism, the late philanthropist and industrialist Thomas F. Today, Wallover has three manufacturing current owner, Kraftmaid Cabinetry founder houses will go pretty fast.” Peterson, donated $6 million to the UH Mac- operations in the United States, and its prod- Richard Moodie. It wasn’t intended to be hu- Donald Women’s Hospital. Ms. Ruhlman’s gift ucts are distributed nationwide. The compa- morous, said listing broker Adam Kaufman Nice work if you can get it was matched by a $1 million gift from the Rain- of Howard Hanna in Cleveland. ny has achieved ISO 9001-2008 certification. ■ bow Babies & Children’s Foundation. “It’s unique. It sets it apart,” Mr. Kaufman If PolyOne Corp. of Avon Lake completes A year ago, Wallover bought Commonwealth its previously announced $393 million acqui- Oil Co., located in Harrow, Ontario, to expand told The Journal. Even so, “he doubts a new This and that: Sherwin-Williams Co. owner will keep that name,” the newspaper sition of Clayton, Mo.-based Spartech Corp., its presence into Canada and to add important Spartech CEO Victoria Holt would receive a reached an $80 million agreement with the U.S. niche markets. In the past year, Wallover has concluded. Department of Labor to settle a previously dis- golden parachute valued at $5.1 million. added to its sales team and expanded its ware- The figure includes $3.2 million of cash, closed investigation of transactions related to houses to better serve customers throughout Pipe nightmares the company’s employee stock ownership plan. $1.7 million of stock, $90,000 in pension and Canada, the company says. ■ Here’s a story that’s plumb awful. The Cleveland-based paint maker said the $52,329 of perquisites, according to a story Bloomberg reported that recession-dri- in the St. Louis Business Journal. agreement resolves all Labor Department claims Send information about significant corporate ven thefts of pipes, water heaters and toilets regarding the company’s ESOP transactions. Four other Spartech executives each anniversaries to managing editor Scott “cut the number of U.S. homes with com- would receive packages ranging in values Suttell at [email protected]. plete plumbing by about 10.4% from 2008 from $1.1 million to $2 million. 20130225-NEWS--27-NAT-CCI-CL_-- 2/22/2013 3:10 PM Page 1 20130225-NEWS--28-NAT-CCI-CL_-- 2/22/2013 3:12 PM Page 1