UPS to the Greater Cleveland Partnership. Its new “Cleveland on the Edge” strategic plan calls for ways to relieve the city’s growing tax burden, something that’s put the community at a competitive disadvantage. Other goals of the plan call for increased support of innovation and entrepreneurship, expanding job creation efforts, stronger business attraction and retention efforts and better educational reforms. This is a strong way to position the new entity as a driver of change.
(Downs) to the city of Lorain. The looming loss of 230 manufacturing jobs from the Marconi Communications complex as a result of Marconi’s sale to Emerson Electric is a major blow to the city’s already beleaguered manufacturing base.
(Ups) to CareerBoard LLC. Its acquisition of Columbus-based JobBoards.com not only increases CareerBoard’s annual revenue by 35 percent but also expands the company’s reach and continues its nationwide expansion. In an industry filled with consolidation, it’s encouraging to see a Northeast Ohio firm on the acquiring side.
