Cleveland Plus International Destination


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Cleveland Plus International Destination

  1. 1. An International Destination for Business Proximity to Major U.S. Markets + Cleveland Plus is within 500 miles (800 kilometers) of 44% of ® the U.S. population, including major markets such as New York, Chicago, and Washington DC + Easy domestic and international access from Cleveland International Airport, and Akron-Canton Regional Airport + Abundant supply of fresh water from Lake Erie Many European Companies Operate throughout Cleveland Plus Nearly 200 European companies call Cleveland Plus their U.S. home, including firms such as Charter One Bank and Sterling Jewelers, as well as production facilities for internationally recognized brands such as Hugo Boss. Source: Source: Dun and Bradstreet Fortune 500 Companies in Cleveland Plus Several Cleveland Plus Fortune 500 Companies maintain operations throughout Europe, including Eaton Corp., Goodyear, Lubrizol, The Sherwin-Williams Company, and The Timken Company.
  2. 2. Wage Comparison: Cleveland Plus vs. Other Metro Areas (All Wages in EUROS) Mean Hourly Wage Mean Hourly Wage Mean Hourly Wage Mean Hourly Wage Occupation SOC Code in Cleveland Plus in Washington D.C. in Chicago in New York Chief Executives 11-1011 54.02 59.76 56.16 65.73 Lawyers 23-1011 34.30 47.57 45.75 48.64 Computer Programmers 15-1021 21.47 27.34 25.85 25.91 Customer Service Representatives 43-4051 10.61 11.46 11.89 11.92 Machinists 51-4041 11.83 15.50 12.44 13.12 Truck Drivers 53-3032 12.99 13.09 14.67 14.69 Source : Bureau of Labor Statistics (BLS) Cleveland Plus Offers Unequaled 2008 Per Capita Personal Income by MSA ( Adjusted for Cost of Living) Quality of Life Cleveland Plus + When adjusting income for cost of living, the Cleveland Plus Boston region offers much more in total compensation for your Euro Washington DC + At nearly 30,000 Euros, per capita income in Cleveland Plus Orlando gets you much more for your money than many other Chicago U.S. markets Miami New York Los Angeles This graph depicts the per capita personal income as adjusted for the San Francisco cost of living. The highest adjusted income is at the top of the graph. Cities that have a below average cost of living are adjusted upward 10,000 20,000 30,000 40,000 50,000 by adding the orange bar to the teal. Cities with above average cost of living are adjusted downward by reducing the size of the teal bar. All Values in EUROS Net Income Gain Net Income Loss Source: BLS, C2ER Quality Space at Commercial Lease Rates Cleveland Plus vs. Other Metro Areas Competitive Prices + Much lower cost per square meter than other proximate Class A markets, such as Chicago, New York and Washington DC + Class A Space includes the most modern and convenient space, while Class B and C space offer affordable Class B alternatives while still maintaining many amenities Class C 0 50 100 150 200 250 300 350 400 450 500 Cost per square meter in EUROS Cleveland Plus Washington D.C. Chicago New York Source: Co Star