Carlisle Brake & Friction’s Medina Flagship Wins Award

Oct 29, 2018 | News, Newsletter |

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.

Economic Developers Earn Ohio Certifed Economic Developer Credential

The Ohio Economic Development Association is pleased to announce that seven economic development practitioners have been awarded the credential of Ohio Certified Economic Developer (Ohio CED) during the organization’s 2018 Annual Excellence Awards ceremony held Columbus, Ohio on October 17, 2018. The following individuals have been awarded the Ohio Certified Economic Developer (Ohio CED) credential:

read more

Thank You OEDI Capstone Mentors!

OEDA would like to take this opportunity to thank the following individuals who served as mentors for the first cohort of Ohio CED candidates:
Greg Davis, Ohio State University Extension
Harry Eadon, Economic Development & Finance Alliance of Tuscawaras County
Jeremiah Gracia, City of Dublin
Anthony Jones, City of Gahanna
Chris Lipson, City of Dayton
Lisa Patt McDaniel, Workforce Development Board of Central Ohio
David Zak, Tiffin-Seneca Economic Partnership

read more