Carlisle Brake & Friction’s Medina Flagship Wins Award
Barbara J. Dzur
City of Medina
Carlisle Brake & Friction (CBF) is a leading solutions provider of high performance and severe duty brake, clutch and transmission applications to OEM and aftermarket customers in the mining, construction, military, agricultural, motorsports, industrial and aerospace markets. With eleven manufacturing facilities globally located in the U.S., U.K., Italy, China, and Japan, and with over 2,000 employees, CBF serves over 100 leading original equipment manufacturers in 50 countries.
In July of 2017, CBF broke ground for an expansion project to their current 218,465 square feet building in the City of Medina. The expansion also entailed closing their Oklahoma plant and transferring its operation to Medina. Their intention was to make the Medina Plant their flagship plant worldwide for manufacturing of enhanced steel processing and warehousing.
The project called for a 150,000 square feet addition to the existing manufacturing facility, plus new machinery, equipment, and significant electrical infrastructure added to the current building. In addition to the expansion, there would also be major façade renovations to the exterior of the building, as well as many interior renovations including the addition of a conference room, enlarging the cafeteria, renovating locker rooms for employees, adding a new public entryway, new docks, and new parking lot area. The overall investment was expected to be $30 million, culminating with the hiring of 70 new employees which would add a little over $3 million in payroll.
The city offered job creation and property tax incentives to retain CBF in the community. JobsOhio provided a $500,000 grant, and the Medina County Port Authority’s sales tax bond program was estimated to save CBF $406,250 in the cost of construction materials for the expansion project.
The CBF project recently received the Medina County Economic Development Corp’s Capital Investment award at MCEDC’s 2018 Annual Medina County Business Awards. The completed project became an investment of over $50 million, and the company has hired more than 100 new employees to meet their production needs, far surpassing the $3 million payroll they had estimated.
CBF President Ted Messmer, Robert Petersen, VP of Global Operations, and VP Human Resources Lynn Caster were on hand to receive the award. In his acceptance remarks, Mr. Messmer acknowledged that because of his military experience, Medina’s team approach was what convinced him that expansion in Medina was the right choice for CBF.
OEDA seeks host communities for its Annual Summit
For Immediate Release OEDA seeks host communities for its Annual Summit For the first time, location proposals sought for 400+ attendee conference COLUMBUS, OHIO – TUESDAY, NOVEMBER 12 – Today, the Ohio Economic Development Association (OEDA) announced that is...
Coming Soon: Governor’s Cup Deadline November 26
JobsOhio Coming Soon: Governor's Cup Deadline November 26 It's that time of year when economic developers ensure Site Selection Magazine has a complete tally of the economic development wins from all 50 states. In Site Selection's 2023 Governor's Cup ranking,...
Request For Qualifications (RFQ) for Design Services
Ottawa County Improvement Corporation Request For Qualifications (RFQ) for Design Services Please click below for specific information: 8.28.24-RFQ-Description-1 (1)