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CCLB 12-10-07 A 1 CCLB 12/7/2007 3:44 PM Page 1 www.crainscleveland.com Vol. 28, No. 49/$1.50 DECEMBER 10 - 16, 2007 LATENEWS RACY RETAIL ■ SUMMIT RACING’S METAL STAMPER TO ADD STORES SPEED AWAY EQUIPMENT, PROCESS FROM THE USUAL ■ Anchor Manufacturing Group Inc. in Cleveland has won a $500,000 AUTO SUPPLY SHOP Cuyahoga County loan that will SETUPS. allow the company to bring in-house PAGE 3 grinding work that’s now outsourced. The 2%, seven-year loan will help the metal stamping company buy equipment that will improve efficiency and add a new grinding process. Anchor employs 308 on Brookpark Road. — Jay Miller CONSTRUCTION SUPPLIER EXPANDS WITH NEW SHOP ■ ABC Supply Co., a roofing, siding WIND BEHIND THEIR BACKS and windows distributor to contrac- tors, has moved its Mentor office to 9099 Tyler Blvd., a quarter-mile Despite Ohio’s inertia, makers of advanced energy equipment see fortunes from its former home of 20 years at 8745 Munson Road. The new showroom and warehouse building rise as interest in sustainable power picks up elsewhere is 42,500 square feet, doubling the size of its old location. Mentor By DAVID BENNETT ■ [email protected] INSIDE: The Greater Cleveland is one of 360 branches for ABC, an exterior building materials Partnership puts forth its own version supplier based in Beloit, Wis. A favorable wind is driving business at John of a state energy policy, which among — Stan Bullard Walsh’s company — and he expects it to other things would foster development KSU EFFORT TO FOCUS continue to blow his way with or without a hand of advanced energy resources in Ohio. ON DATING VIOLENCE from the state of Ohio. Page 8 ■ Kent State University has received Mr. Walsh is president of Avon Bearings Corp., a $900,000 grant from the U.S. Centers for Disease Control and a company in Avon that has been involved in the Prevention to study dating violence. wind energy business for about 20 years. These The three-year grant will be used days, wind generation accounts for more than to study more than 90 adults ages 18 to 21 in 12 Northeast Ohio 20% of sales at the company, which makes communities to find out how they precision turntable bearings that are 9 feet in get involved in violent relationships, why they stay in them, how they diameter for use in wind turbines. get out of those relationships, Though Mr. Walsh would like more of his the lasting impact of the violent company’s business to come from Ohio, Avon relationships and the community context in which the violence Bearings nonetheless is seeing its sales rise occurs. — Shannon Mortland in other states that are moving ahead with CAR DEALER MARKETING See WIND Page 8 FIRM PREPS FOR MOVE ■ BDC Management Group, a 2-year-old provider of phone sales services for auto dealers and related companies in Strongsville, is considering a move. The Ohio ISTOCKPHOTO Department of Development said the Ohio Tax Credit Authority has Cabela’s could approved a five-year, 50% credit Athletic club prepping to file Ch. 11 on corporate income or franchise taxes for BDC. The credit, valued lure big project at $545,135 over five years, would By JAY MILLER past debt should enable us to concen- Mr. Mann. “We’d like to keep them; aid BDC in leasing and moving to [email protected] trate on current operations.” we’d like to keep the club.” a 10,000-square-foot building in Under Chapter 11 of the Bank- The club has struggled for several to Brunswick Richfield. — Stan Bullard The Cleveland Athletic Club is ruptcy Code, a business or organiza- years as downtown employment has close to filing for Chapter 11 bank- tion can continue to function while dropped; new, less expensive health By STAN BULLARD L.A. FINANCE FIRM ruptcy protection. it sorts out its debts with its creditors clubs have opened up; and member- [email protected] STEPS INTO CLEVELAND Club members are expected to and the Bankruptcy Court. ship at the club and others like it has meet this Wednesday, Dec. 12, to A key part of the club’s reorgani- aged. If the city of Brunswick bags a ■ Scouler & Co., a Los Angeles- hear club president Harry McDonald zation will be negotiating a new lease In addition, the club has had to go famed Cabela’s sporting goods store, based financial services and lay out the club’s financial situation with its new landlord, developer Eli to its members for special assess- the Medina County community also restructuring firm, has opened a and outline a plan for the future that Mann, who in September bought ments to keep the club afloat, a would land a $100 million shopping one-person office in downtown would allow the club to celebrate its the 15-story Cleveland Athletic Club move that has cost it members. center that real estate developer Cleveland. Scouler has tabbed Alex th 100 anniversary next year. Building at 1118 Euclid Ave. The Membership has declined to 299 Richard E. Jacobs Group wants to Strazella to start the office at 600 “We are currently positioning club occupies the top 10 floors of the at present from 1,300 in 2002. To cut create. Superior Ave. Most recently, Mr. ourselves to file for Chapter 11 bank- building, but Mr. McDonald said in costs, the club in the last year has Brunswick city manager Robert Strazella worked as senior vice ruptcy reorganization,” Mr. McDonald a telephone interview last week he is sharply curtailed its food service. Zienkowski said the city and Westlake- president in the leveraged cash said in an undated letter received by negotiating to reduce that to only Last January, the building nearly based Jacobs Group are in discussions flow, asset-based lending and asset members late last month. “Equipped the top five floors. lost its heat when the club — which to win the Cabela’s for an 83-acre recovery groups of KeyBank. with our new operating plan, which “We’re working on a deal,” said because of a quirky longtime lease site the developer is assembling at — Shawn A. Turner includes marketing and financial Richard Sheehan, a real estate broker initiatives, our ability to eliminate with Grubb & Ellis who represents See CLUB Page 21 See CABELA’S Page 21 49 SPECIAL SECTION 6 SMALL BUSINESS NEWSPAPER Entrepreneurs must tread through many 71486 01032 ■ challenges during their first year Page 15 Entire contents © 2007 0 PLUS: GRAND OPENINGS ■ TAX TIPS ■ & MORE by Crain Communications Inc. CCLB 12-10-07 A 2 CCLB 12/7/2007 12:25 PM Page 1 2 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM DECEMBER 10-16, 2007 COMING SOON 20 IN THEIR 20S Giving back In conjunction with the Dec. 24 “Work & Play: Giving Back” section, Crain’s calls for up-and-comers 700 W. St. Clair Ave., Suite 310, Crain’s Cleveland Business plans to publish an online list of ways to Attention, all young up-and- will not be considered. The year and Cleveland, OH 44113-1230 help area nonprofits. To be included, nonprofit organizations should Phone: (216) 522-1383 send the following — organization name; address; phone number; comers. The time is coming to turn date of birth of the nominee also the spotlight on you. should be included. Only people Fax: (216) 694-4264 web site; organization purpose; contact name; contact number; www.crainscleveland.com and how to help (in 50 words or less outline volunteer and Crain’s is seeking nominations who still will be in their 20s as of April other assistance opportunities). Please send information for our Twenty in Their 20s feature, 28, 2008, are eligible for this feature. Publisher/editorial director: by Dec. 15 to sections editor Amy Ann Stoessel at which runs in the April 28, 2008, Send your nominations by Brian D. Tucker ([email protected]) Editor: Mark Dodosh astoessel @crain.com. Call 216-771-5155 with questions. issue. There’s no nomination form Dec. 14, 2007, to editor Mark to fill out. Simply provide us Dodosh either via regular mail at ([email protected]) Managing editor: Scott Suttell with narrative information about a 700 W. St. Clair Ave., suite 310, ([email protected]) REGULAR FEATURES person’s accomplishments in his Cleveland, OH 44113, or via e-mail Sections editor: Amy Ann Stoessel or her field and the nominee’s to [email protected]. Please ([email protected]) Classified ...............22-23 List: Banks ..................20 involvement in civic, charitable or put “Twenty in Their 20s” in the Design editor: Kristen Miller Editorial ......................10 Personal View..............10 professional activities. subject line of e-mailed nomina- ([email protected]) Nominations must be kept to tions. Senior reporter: Stan Bullard Going Places ...............14 Stocks.........................26 ([email protected]) a single typed or Word page; Fax submissions will not be Reporters: Letters ........................11 Tax Liens.....................12 submissions that exceed this limit accepted. David Bennett ([email protected]) Shannon Mortland ([email protected]) Jay MIller ([email protected]) John Booth ([email protected]) Shawn A. Turner ([email protected]) Chuck Soder ([email protected]) Designer/reporter: Joel Hammond ([email protected]) Research editor: Deborah W. Hillyer ([email protected]) Cartoonist/illustrator: Rich Williams >cigdYjXidgn6EN Online editor: Jeff Stacklin ([email protected]) Marketing coordinator: Laura Franks ([email protected]) 6EN Advertising sales director: Mike Malley ([email protected]) Account executives: Adam Mandell ([email protected]) Art Bouhall Jr. ([email protected]) Andrea Rubin ([email protected]) )#,*;dg&-%YVnh#&%!%%%b^c^bjbWVaVcXZ# Dirk Kruger ([email protected]) 7jh^cZhh6XXZhhBdcZnBVg`ZiVXXdjci Nicole Nolan ([email protected]) Classified advertising manager: Don Schwaller ([email protected]) Office coordinator: Toni Coleman ([email protected]) Ndjgldg`^c\XVe^iVaXVcWZ Western accounts manager: Ellen Mazen, 323-370-2477 ([email protected]) Western accounts assistant: Alexander Carlos, 323-370-2400 ([email protected]) ldg`^c\]VgYZg# Production manager: Craig L.
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