Economic trends

Trending News in Northeast Ohio jobs, economy, labor, immigration, and population

Great Lakes Brewing confirms relocation options

In a statement issued today by Great Lakes Brewing Company (GLBC), their chief executive officer confirmed NEOtrans’ report from last week that it is considering relocating its production facilities from Cleveland’s Ohio City neighborhood and packaging facility in Strongsville to a site in Avon. The press statement also confirmed it hasn’t ruled out continuing with its plans to relocate them to Scranton Peninsula in Cleveland’s Flats. And it will retain its Ohio City brewpub and gift shop. More than 200 jobs are involved among all of GLBC’s facilities.

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Downtown Cleveland skyscraper sells cheap

According to a well-placed source, Downtown Cleveland’s third-tallest skyscraper is under a purchase agreement from a New York City-based buyer. The 45-story Huntington Building, also known as 200 Public Square, has seen its share of challenges since the pandemic and the rise of remote working nearly four years ago as other office properties have. That is one reason why the building has reportedly sold for a vastly discounted rate.

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East 105th: What difference a decade makes

For many Greater Clevelanders and visitors, they now enter the Cleveland Clinic’s Main Campus and the University Circle area on the new Opportunity Corridor Boulevard. But few people traveled on the East 105th street portion before the boulevard was completed in late-2021. Today’s commuters and visitors may not have a full appreciation of how much the scenery along their commute or visits have changed in less than a decade.

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More international flights arriving Cleveland

Joined by Cleveland airport officials, Frontier Airlines today announced that it will be starting nonstop flights to Montego Bay, Jamaica in March with an introductory low fare. The new, direct flight is the first new international flight from Cleveland Hopkins International Airport resulting from its new crew base there. But it may not be the last.

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Cuyahoga County’s economy surges

In the spirit of Oscar Wilde, one could say that a year’s worth of economic output data might be considered a curiosity. But multiple years may be considered a trend. Last year, the growth of Cuyahoga County’s gross domestic product (GDP) ranked 10th among Ohio’s 88 counties and was the best performer among Ohio’s most populous, urbanized counties. according to new data released last week by the U.S. Bureau of Economic Analysis.

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BrandMuscle opens new Cleveland hub

The bad news is that a Downtown Cleveland employer has reduced its office footprint. The good news is the company, BrandMuscle, a mid-sized marketing technology firm, opened a new office yesterday downtown. The better news is that BrandMuscle kept Cleveland as one of its two remaining office hubs along with Chicago, while closing other offices in Austin, TX and Kansas City, MO after switching to a largely remote-work culture.

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Birthing Beautiful Communities to rise on Chester

For the non-profit organization Birthing Beautiful Communities (BBC), their mission is often noted in news stories detailing Cuyahoga County’s infant mortality crisis. Sadly, the county has had one of worst infant mortality rates in the country and is a symptom of much larger problems including poverty, poor nutrition, inadequate housing and unaffordable health care. Much of the need is in Cleveland’s inner city and especially on the East Side. So, to meet the need, BBC is seeking to construct Northeast Ohio’s first free-standing birthing center in Cleveland’s Hough neighborhood, on the north side of Chester Avenue, between East 63rd and 65th streets.

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Cabinet-maker MasterBrand to move HQ to Beachwood

A newly independent corporation with 13,600 employees company-wide in more than 20 manufacturing facilities and offices is relocating its headquarters to Greater Cleveland — specifically, Beachwood. While a 26-year-old, three-story office building at 3300 Enterprise Parkway will be its new corporate headquarters, MasterBrand’s operations center will remain in Jasper, Indiana along with a production facility and training center.

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