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.
This two-day course is designed to provide the Ohio economic development professional with the critical steps of real estate development and a comprehensive understanding of how a deal progresses through to completion. Attendees will analyze the anatomy of a real estate deal and learn how each component stage impacts the next, and how real estate development is practiced in Ohio. This understanding will help the ED professional recognize the challenges (and often barriers) to advancing a new development in their community and to more thoughtfully understand approaches in helping close the deal.read more
The Ohio Basic Economic Development Course is an intensive training experience for economic development practitioners, community leaders, local government officials and others committed to building healthy economies for their communities. The course is appropriate both for people who are new to the economic development profession as well as those more experienced who are seeking a refresher on basic practices and principles.read more
The Ohio Economic Development Institute is pleased to announced that the American Institute of Certified Planners (AICP) has approved OEDI to be an approved Certification Management (CM) provider.read more