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.
The Ohio Economic Development Association (OEDA) is proud to congratulate the winners and finalists of the 2019 Annual Excellence Awards! Recognition was presented at the 2019 Annual Summit, held at the Embassy Suites Columbus-Dublin.
The Ohio Economic Development Association’s Annual Excellence Awards program recognizes the achievements of individuals and organizations throughout Ohio in the areas of economic and workforce development.
“The Annual Excellence Awards showcase the best of the best in economic development and gives members of the profession the opportunity to come together and collectively celebrate the success of the economic development profession,” Jennifer Price, OEDA Executive Director, said.read more
Call for Governor’s Cup Submissions: Collectively, you can make a positive impact by submitting your community’s successful economic development projects. The Governor’s Cup submission portal is now open at: https://www.jobsohio.com/govcup-input/read more
Success through Collaboration: A Regional Conference for Southeast Ohio, is being held on Friday, October 4th from 8:30 a.m. to 3:30 p.m. at Buckeye Hills Regional Council in Marietta. This event will bring together community leaders, elected officials, practitioners and more to explore how the power of collaboration has – and will continue to – garner success for southeast Ohio.read more