Cedar Fair CEO Wants State to Invest, Too Ouimet Is Trying to Convince Ohio to Increase Its Out-Of-State Advertising, As Michigan Has
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20130422-NEWS--1-NAT-CCI-CL_-- 4/19/2013 3:50 PM Page 1 $2.00/APRIL 22 - 28, 2013 Cedar Fair CEO wants state to invest, too Ouimet is trying to convince Ohio to increase its out-of-state advertising, as Michigan has By TIMOTHY MAGAW [email protected] Cedar Fair CEO Matt Ouimet wants to invest roughly $100 mil- lion over the next three years in the amusement park giant’s big- ticket attractions in the Buckeye State — Cedar Point in Sandusky and Kings Island in Cincinnati. But before he and his board take their shovels to earth, Mr. Ouimet Ouimet wants to ensure the state DAN SHINGLER doesn’t brush off the touris industry as a driver of Former Major League Baseball star Mo Vaughn started a trucking company in Solon in 2010. Ohio’s steadily recovering economy. In the hope of convincing the state to boost its tourism marketing, Mr. Ouimet recently has spent a fair amount of time in Columbus chatting with legis- lators about the vital role tourism plays in Ohio. It’s MO MEANS BUSINESS a pitch the former Walt Disney Co. executive said doesn’t quite fall on deaf ears, but isn’t as embraced as it was during his stints in tourism hotspots such as Former baseball star Vaughn owns successful trucking California and Florida. “This is a great place to do business, and we want company in Solon, along with 8,000 housing units in N.Y. to spend that $100 million here,” Mr. Ouimet said in By DAN SHINGLER BY THE NUMBERS an interview last week with Crain’s. [email protected] See INVEST Page 6 A look at Mo Vaughn’s Major League Baseball career: he biggest baseball star to finish his career in Cleve- ■ Vaughn batted .293 with 328 home land just might be Mo Vaughn. But the career — ON THE WEB For photos of Cedar runs and 1,064 RBI. assuming it’s his last — is trucking. ■ Point’s much-hyped roller coaster, the T He was selected to three All-Star “In my mind, if you do it right, it’s a recession-proof busi- GateKeeper, read the above story at: teams in his 12-year career. ness,” reasons Mr. Vaughn. ■ www.tinyurl.com/cx5dr3j He won one American League MVP See MO Page 7 and one Silver Slugger award. INSIDE In need, Tremont Electric swims with sharks Driving for ladies generator that uses kinetic energy Jamie Taylor, Airing of appearance on TV show occurs as board discusses shakeup from a person’s body motion to right, and other By JAY MILLER We’ll soon find out whether any to help keep his Cleveland company, power small devices. However, he Northeast Ohio [email protected] of them took a bite. Tremont Electric LLC, afloat. acknowledged that the last couple golf pros are Mr. LeMieux is scheduled to ap- Mr. LeMieux, the company’s years have been rocky. trying to make women feel more Aaron LeMieux recently went pear this Friday, April 26, on the CEO, wouldn’t characterize the sit- He’s had to deal with many of the welcome on the course. PAGE 3 swimming with bait in hand among ABC television show “Shark Tank,” uation as sink or swim for Tremont struggles startups face — product a shiver of sharks. where he hoped to hook some cash Electric, which makes a portable See TREMONT Page 17 16 SPECIAL SECTION 7 WHO TO WATCH We highlight some of the nonprofit leaders who NEWSPAPER Entire contents 2013 ■ © 74470 83781 are lending a hand in the region Pages 13-16 by Crain Communications Inc. Vol. 34, No. 16 0 PLUS: Q&A WITH FIVE NONPROFIT EXECUTIVES 20130422-NEWS--2-NAT-CCI-CL_-- 4/19/2013 11:04 AM Page 1 2 CRAIN’S CLEVELAND BUSINESS WWW.CRAINSCLEVELAND.COM APRIL 22 - 28, 2013 COMING NEXT WEEK BUMPS ALONG THE ROAD Ohio drivers spend an average of $212 each year on car repairs due to bad roads, according to a report from the American Society of Civil Engineers. The It can be a tough plan group’s Infrastructure Report Card gave Ohio a grade of “C” — and found that It’s difficult to leave college and make driving on roads in need of repair costs Ohio motorists $1.7 billion a year. The 700 W. St. Clair Ave., Suite 310, good money as a financial planner. 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Reprints: Call 1-800-290-5460 Ext. 125 Audit Bureau of Circulation 20130422-NEWS--3-NAT-CCI-CL_-- 4/19/2013 2:12 PM Page 1 APRIL 22 - 28, 2013 WWW.CRAINSCLEVELAND.COM CRAIN’S CLEVELAND BUSINESS 3 PD risks losing its best customers “If they weren’t going to With its digital first focus, the ‘Digital first’ strategy could anger older readers, experts say news organization’s emphasis will meet my needs, why pay be on feeding the needs of cleve- By JAY MILLER mind, he was “paying for the con- other sources out there,” he said. for it?” land.com and building print edi- [email protected] venience of having it (The Plain The Plain Dealer is likely to find – Christopher Hewitt, attorney tions from the online postings, Dealer) delivered to my house so I out soon enough whether there are with Tucker Ellis LLP, on his where shorter stories and subjects The first thing attorney Christo- could have a physical paper to flip tons of Christopher Hewitts out decision to cancel his such as sports and entertainment pher Hewitt did after learning The through.” there as it adapts to the digital age.