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ONE YEAR LATER CHECKING IN WITH NEOMG

JANET CENTURY

By JAY MILLER jmiller@crain.com

Chris Quinn, vice president of content, and Andrea Hogben, president of the Northeast Ohio Media Group, or NEOMG, in the cleveland.com newsroom.

“I think Sunday print will be here for a long time.” That remark, made by Andrea Hogben, president of the Northeast Ohio Media Group, or NEOMG, the company that operates The Plain Dealer, the weekly Sun Newspapers and cleveland.com, needs some context. It wasn’t said to announce the coming of a one-day-a-week newspaper anytime soon. Rather, her reference to the traditional mainstay of news organizations was her way of emphasizing the unique breadth and depth of reporting that the Sunday newspaper represents. It was made during an hourlong conversation in her second-floor office at 1801 Superior Ave. that included Chris Quinn, NEOMG’s vice president of content, about the future of the news organization she leads. But Hogben did say Sunday. Not Wednesday or Friday, but Sunday. And it may, someday, come to pass. When copies of The PD didn’t hit driveways in Northeast Ohio on Monday, Aug. 5, 2013, it was in its way an historic event. It ended more than 100 years of seven-day-aweek home delivery of The PD. Instead, the paper is being delivered only four days a

week — Sunday, Wednesday, Friday and Saturday. The company’s website, cleveland.com, is now the operation’s flagship news outlet, and it’s setting records for attracting an audience, Quinn said. Technology is moving too fast and unpredictably to make the future of news anything but a moving target. While it may be hard for consumers who like newsprint with their daily coffee and oatmeal, Sunday-only may, eventually, be the fate of The PD and newspapers like it. The delivery cutback and reorganization here is similar to what Advance Publications, the New York-based company that owns NEOMG, is doing at its 30 other news organizations across the county. Industry observers, some of whom were aghast at Advance’s curtailment of home delivery that began at its New Orleans TimesPicayune in September 2012, now generally acknowledge the coming marginalization of print, though many believe Advance has jumped the gun. But unlike some of its publicly owned news competitors that have investors breathing down their necks for steadily growing quarterly profits, the Newhouse family-owned Advance can better afford to take the long view “Very few (news organizations) have folSee NEOMG, page 25

Johnny Ticket Sales? Resale market says yes By KEVIN KLEPS kkleps@crain.com

Johnny Manziel isn’t going to begin the season as the Cleveland Browns’ starting quarterback, but the rookie who is almost as likely to attract eyeballs to gossip sites as he is to ESPN.com is being credited for a Joe Thomas-sized spike on the secondary market. Vivid Seats, a national secondary ticket marketplace, said the average price of Browns tickets on the secondary market has increased 11.6% year-over-year. SeatGeek, a ticket search engine that compiles secondary-market listings, said Browns tickets are up 30.5% — the fourth-largest jump in the league. Mark Klang, owner of Amazing Tickets Inc. in Mayfield Village, is even more optimistic. Klang, who says he does “more first-hand

Winning is the best ticket Scott Merk, owner of Merk’s Tickets in Brook Park, “definitely” believes Pettine made the right decision in starting Hoyer.

But when it comes to his business, which includes selling Browns seats, Merk said it isn’t important which QB starts the season. “Opening day, no matter who you put out there, will sell,” Merk said. “You can put any team out there, it will sell well — no matter who the quarterback is.” His competitor, Klang, concurs. “If Johnny started the year and the team struggled, it wouldn’t matter if Johnny was the quarterback if they aren’t performing well,” Klang said. “Ultimately, people want to see the team win.” Winning, of course, has been every bit as difficult for the Browns as finding a long-term QB — troubles that often go hand-in-hand in today’s NFL. Big things aren’t being predicted for the 2014 Browns, but the momentum that was created following the hiring of general manSee BROWNS, page 8

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buying” of Browns seats than anyone, said the difference in the prices the team’s games are fetching on the secondary market this year is more than 40% ahead of 2013. “Overall, my Browns margins are way up, my revenues are way up and my overall tickets sold are way up,” Klang said. The broker credits the increase to Manziel, who was tabbed as Brian Hoyer’s backup by first-year head coach Mike Pettine after a training camp competition marked by both players’ struggles. “The Browns are on ESPN 24/7, they’re on the NFL Network all the time — that’s all because of Johnny,” Klang said.

GOODMAN TO ST. LUKE’S Former Greater Cleveland Food Bank CEO has embraced a new role at Saint Luke’s Foundation ■ Page 4

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Anne Goodman, one of the region’s best-known nonprofit leaders, never thought she’d leave the Greater Cleveland Food Bank, and understandably so. It was a good gig, and one in which she excelled. During her 15year tenure as its president and CEO, she oversaw a $10 million capital campaign that resulted in a new distribution center as well as mergers with two other food agencies. She managed a $20 million budget and a staff of more than 100 employees, and rose to prominence as one of the leading voices nationally when it came to hunger relief. But earlier this month, Goodman took on a new challenge as president and CEO of Saint Luke’s Foundation, one of the region’s largest private foundations, with more than $180 million in assets. “I jumped with some trepidation,” she said. “It was particularly hard because there was nothing to fix (at the foundation). If there’s one thing I’m good at, it’s fixing things. Coming into an organization that is so wellrun and so well-organized, that was a little nerve-wracking. But just being here in the first week, I realized there doesn’t need to be anything wrong in order to be useful.” She’s been on the job for only a few weeks, but it’s certainly been a change. No longer is Goodman cornered in a noisy food distribution warehouse; she’s now in a rather modest office space in the east wing of the old Saint Luke’s hospital building on Shaker Boulevard on Cleveland’s East Side. But more importantly, she’s no longer a grantee and is now the grantmaker — a role she’s eager to embrace. “I thought it’d be a long time before I was of any value, but I can see the perspective of a grantee, but also why you would want to invest in a given organization,” Goodman said. “That has to do with strong management, how that organization interacts in the community. Because I am hopefully someone who has done that, I can look at an organization with a critical eye — hopefully a healthy critical eye — and an empathetic eye, too.” Goodman comes to Saint Luke’s at a pivotal time for the foundation. It launched in 1997 to continue the charitable work of the former Saint Luke Medical Center, which became part of a for-profit enterprise. Since then, the foundation has gone through several iterations. About two years ago, for instance, the foundation narrowed its mission to focus on three priorities: healthy people, strong communities and resilient families. Goodman — who calls metrics her “favorite toy” — will be a key figure in determining whether that strategy worked. “I think the most important thing

JANET CENTURY

The Saint Luke’s Foundation is “the only foundation” at which Anne Goodman “would ever dream of working.” is we’ve evaluated what we’ve decided to do, but we don’t want to evaluate it too soon and not give it a chance to bank all the way through,” she said.

Fresh perspective The fact that Goodman wasn’t groomed in the foundation world was one of the reasons Saint Luke’s swayed her to join the organization, which had been led by Denise San Antonio Zeman for the last 14 years. Zeman announced in August of last year that she would step down from the post this summer. Douglas Wang, the foundation’s board chairman, said having someone who’s been on the grantee side will give the foundation more insight into what does and doesn’t work well when it comes to interacting with the broader nonprofit community. “She has opportunity to reach more people in different ways and be very influential,” said Wang, who retired from Northern Trust Bank in 2011 and is involved with several nonprofits throughout the Cleveland area. “We try to be partners with our grantees. That was appealing to her.” Goodman said many in the community were surprised when she made the leap to Saint Luke’s. Some were concerned what would happen to the food bank in her absence. However, since she’s been gone, she hasn’t received a single question from the leadership team at the food bank — and that’s not for a lack of emails. For that reason, at the food bank, the only success for which she’ll take credit is hiring good people. “It’s good for an organization not to be built around one person,”

Goodman said. “I was there for 15 years, and people started to associate ‘food bank’ and ‘Anne Goodman.’ I don’t think that’s necessarily healthy. Anne Goodman can get hit by a bus or get another job. We want an organization to be about a lot of people and the community.”

Partnership track Of course, the decision wasn’t easy. And while she’s only been on the job for a short time, buyer’s remorse hasn’t sunk in. “In terms of the philanthropic community, this is the only foundation I would ever dream of working at,” Goodman said. “It’s different. This one is very unique in its desire to be a partner with its grantees. There’s no sense of working with an ivory tower where you’ve submitted a proposal and waited for the board meeting to get the letter from on high.” Kristin Warzocha, the food bank’s vice president for external affairs, agrees the foundation is a good opportunity for Goodman to have a broader impact. Still, Warzocha, who was hired by Goodman a year after she took on the food bank’s top job, said the organization was disappointed to see her go. The organization, she said, recently launched a search for its next permanent CEO and is on solid ground — due mostly to the foundation Goodman built — even if the warehouse is a bit quieter. “She keeps asking, “Why? Was I loud?’” Warzocha said. “Anne brings a lot to the party. She’s brilliant. She’s also just so passionate about providing for people who need it in our community.”

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Tiny Labyrinth wins gig with Big Oil By DAN SHINGLER dshingler@crain.com

You don’t have to be a big Houstonbased industry insider to land significant new business in the oil and gas sector. Look at Labyrinth Management Group. The environmental and safety consulting firm in Medina recently was chosen to audit the compliance of offshore drilling giant Transocean with new federal safety and environmental protection requirements. Labyrinth’s not just a small fish in the oil and gas pond. It’s an embryonic minnow. “That’s the strange thing; we have a small office. I just have five employees,” said Labyrinth president Lance Traves shortly after getting the job. Transocean, on the other hand, is a whale that’s as famous as Moby Dick. Not only is it an international leader in deep-water offshore drilling, but it gained notoriety with everyone from school kids to world leaders in 2010 for its role in a drilling catastrophe. In April of that year, Transocean’s Deepwater Horizon drilling rig exploded, killing 11 workers and ultimately dumping 210 million gallons of crude oil into the Gulf of Mexico. The spill went on for nearly three months and was seen by hundreds of millions of television viewers watching via underwater cameras. So auditing Transocean’s compliance with safety and environmental requirements is a big deal. Normally, only producers like Transocean’s client in the Gulf spill, BP, are required to have what are known as SEMS, or Safety and Environmental Management Systems, subject to federal scrutiny and public audits. But because of the Gulf spill, Transocean is on a short leash. Its auditor will be charged with ensuring that Transocean’s SEMS is

what the company says it is, by monitoring a broad swath of practices, procedures, reporting methods, tracking systems and other things that go into ensuring the safety of a drilling operation. It’s a bit like an ISO 9000 audit in terms of dealing with systems and standards, but also entails some physical auditing of rigs and equipment on-site.

Passing the helicopter test Traves is honest — his company was not Transocean’s first choice. But federal regulators did not approve of its other choices, he said. Labyrinth recently had done SEMS audits for one of Transocean’s clients, the huge Italian oil company Eni. So, when Transocean asked around for another possible auditor, Traves ended up getting the call. He was, he admits, surprised, even when he flew to Houston to talk to Transocean executives. Traves was surprised he was in the running, but not intimidated by the job. The Eni work had been similar in scope and he’d done audits for big refineries that were even more complicated. But he wanted to make sure his new client had their eyes open. “That was one of the first things I said: ‘You understand that I’m in Ohio.’ … Then I said, ‘You understand I only have five people, right?’” Traves said. He certainly wasn’t posing as an industry giant. “But I didn’t talk myself out of the job,” he notes. Then, he had to interview with eight federal agencies, including the departments of the Interior, Energy, Justice, the Environmental Protection Agency — and even the Coast Guard. That might have actually been easier than the talks with Transocean, because government regulators liked that Labyrinth was

CONTRIBUTED PHOTO

Lance Traves had to prove that he could escape from an upside down helicopter, while underwater, before he could start auditing offshore oil rigs. an independent outsider, Traves said. “The DOJ guy said: ‘We really think you being someone outside of that industry is a good thing.’” Traves recalled. Finally, he had to be physically certified for the work — including proving he could get out of an upside down helicopter, while underwater, at a NASA facility. “The rigs are 150 miles out in the Gulf,” Traves said “If a helicopter has a mechanical problem, it’s going in the water, and they want to know you can get out.”

Now, he and his team will be working hard to get Transocean’s first annual audit prepared for federal regulators and the public. The audit is due in April.

No second chances Traves said his experience serves as a lesson to his firm and other professional service organizations, especially those involved with environmental and safety issues. As drilling becomes more complex, dangerous and is done more

often in the United States, the oil and gas industry is going to need plenty of outside help from firms large and small, he said. That’s just as true for terrestrial drilling in places like Ohio’s Utica shale region as it is in the Gulf. Others are noticing that, too, and consulting and engineering firms in Ohio are chasing new oil and gas work, as other out-of-state firms move to Ohio to get their share of work from Utica. Pittsburgh-based engineering firm Hull & Associates opened an office in St. Clairsville in 2013 to capitalize on oil and gas work, and Connecticutbased BL Companies opened a Canton office in 2012 for that same reason. Similarly, Dayton-based CESO Inc., another engineering firm, opened an office in Canton in 2011 because of increased oil and gas work. Many of these firms report that they find more oil and gas work than their new offices can handle, which creates work for their other offices. They also end up getting work in other sectors. “We’ve seen in Ohio what we were hoping for, and that is that the shale industry creates some opportunities for our architectural and civil (engineering) groups to be involved in hotels and restaurants,” said CESO vice president Steve Olson. Traves said his firm will continue to seek more work in the energy sector, which has gone from being none of his business to representing almost half of his firm’s total revenues in the last five years. The oil and gas industry is well connected, Traves said, so good work is often rewarded with referrals for yet more work. “It just further supports the opportunities for Ohio-based firms in the oil and gas world,” he said. “You have to do good work. That’s the key. You don’t get many second chances in the energy world.”

Breakthrough anti-rust coating could net startup $55M By CHUCK SODER csoder@crain.com

The U.S. military believes that a Northeast Ohio company has discovered a cheap way to keep rust at bay. And so does a huge South Korean conglomerate called SK Holdings, which plans to invest $55 million in Tesla NanoCoatings over several years. Todd Hawkins obviously agrees with them. He founded the North Canton company, which has created what could be a significantly better way to protect structural steel from corrosion. Tesla NanoCoatings used carbon nanotubes — which are much stronger and lighter than steel — to develop a coating system that appears to be more durable and easier to apply than conventional coatings that use more zinc. Those claims come from the U.S. Army Corps of Engineers. After testing the Teslan-brand coating system for seven years, the agency gave the technology a ringing endorsement at the end of 2011.

CONTRIBUTED PHOTO

Charlie Simpson, technical director at Tesla, sprays a sample at Tesla’s lab. And late last year, SK Global Chemical gave Tesla NanoCoatings a different kind of endorsement: The South Korean company agreed to spend $55 million to buy a minority stake in Tesla NanoCoatings over five to seven years, assuming it hits a series of milestones. Now Telsa NanoCoatings — which received $5 million for the first year of the deal — is testing the Teslan coating system on petrochemical tanks and vessels owned by SK Global Chemical. And it’s developing relationships with several other large oil and gas companies, too, Hawkins said. For instance, the company has a verbal agreement to test its coatings

on equipment at a Middle East refinery that’s vulnerable to rust because it’s located “in a splash zone” next to a body of water, Hawkins said. Telsa NanoCoatings, which is based at Stark State College, also plans to coat some gas storage tanks that another company owns in the Gulf of Mexico. And more deals are in the pipeline, Hawkins said. “We’re probably engaged in the selling process to about half of the top 25 oil and gas exploration and production companies in the world,” he said.

Growth potential Today, Akron Paint & Varnish makes the coatings for Tesla NanoCoatings. But that will change if the company — which has nine employees and five contractors — keeps hitting its milestones and gets the entire investment from SK Global Chemical, Hawkins said. “The goal is to build a manufacturing facility in Stark County,” he said. SK Global Chemical has “no doubt that they will be successful,”

according to BK Kim, general manager for the South Korean company’s project with Tesla NanoCoatings. Kim, who had been hunting for coatings technologies that SK Global Chemical could invest in, read about Tesla NanoCoatings in an online newsletter back in 2012. He called Hawkins soon thereafter and was on a plane to Ohio within a few months. Kim said that, today, there is little difference between the coatings typically used to protect steel from corrosion. Tesla NanoCoatings could change that, Kim said. Once the technology has undergone more testing, SK Global may end up helping the company expand into the Asia-Pacific region, said Hawkins, who will remain the company’s majority owner. In addition to oil and gas, Tesla NanoCoatings also is going after the military market. For instance, Hawkins said in early August that he just came back from Hawaii. There, he met with members of the U.S. Army Corps of Engineers to talk about how the Teslan system could be used to

protect steel structures on military bases in the Pacific Ocean — a particularly harsh environment for corrosion. “Now that we’ve been recommended for this type of work, people are starting to implement us,” he said. The agency stated that Teslan might cost less to install than conventional coatings that use more zinc, because the new technology can be applied in two coats instead of three. But the big savings take longer to accrue. Given Teslan’s durability, the U.S. Army Corps of Engineers estimated that, over the course of 30 years, Teslan would only cost the military about $9.50 per square foot. That’s 30% to 40% less than the 30-year cost of conventional coatings that use more zinc, the agency stated in a document recommending Teslan. “Although limited long-term exposure test results are available given their novel nature, CNT (carbon nanotube) based coatings are expected to offer significantly improved durability versus traditional systems,” the agency stated.

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AUGUST 25 - 31, 2014

Resilience buys string of digital data contractors By CHUCK SODER csoder@crain.com

Resilience Capital Partners doesn’t invest in flashy, high-tech startup companies. Even so, the private equity firm wanted to tap into the exploding demand for digital data. That’s a big reason why Resilience has been scooping up companies that build and maintain the infrastructure that allows that data to travel around the world. The Beachwood-based firm has acquired five companies fitting that description over the past two years. And during that time Resilience has been weaving them together in an effort to turn the geographically scattered group of businesses into a major player in a booming industry. “This is a very low-tech way to participate in a high-tech world,” said Steven Rosen, who is co-CEO of Resilience. The combined company — Aero Communications — already is one of the larger contractors that provides infrastructure services to telecommunications companies. A few big examples include Dycom Industries and MasTec Inc., two publicly traded companies that have seen their stock prices take off in recent years. But overall, the industry is “highly, highly fragmented,” according to Doug Campbell, senior vice president at Resilience. So the private equity firm saw an opportunity to buy up some of the small players and combine them into a company that could provide more services to a broader geographic area. Resilience put the core piece of its strategy in place nearly two years ago, when it bought the assets of Advanced Communications in Canton, Mich., which is east of Ann Arbor. That company — which employed 1,150 people at the time — immediately became Aero Communications. And over the past year, Aero has bought four more companies. Today, the combined business employs about 1,700 people. Aero announced its most recent deal last week: Aero just bought Fulton Technologies, which employs 75 people in the Chicago area. That deal illustrates one of Aero’s strategies: The company has been beefing up its ability to build and maintain wireless networks — one of Fulton’s specialties.

LET’S BUY A TELECOM SERVICE PROVIDER Over the past two years, Resilience Capital Partners of Beachwood has bought five companies that install and maintain wires and towers used to transmit digital data. Here are the companies that now form Aero Communications: ADVANCED COMMUNICATIONS, OCTOBER 2012. This Canton, Mich., company forms the core of Aero Communications. It had 1,150 employees when the acquisition was announced. CABLENET SERVICES UNLIMITED, AUGUST 2013. This company gave Aero a stronger presence in the “Freedom Region” of Pennsylvania and New Jersey. Its 250 employees provide cable installation and related services. MILL CITY TEC, JANUARY 2014. This company not only gave Aero access to more customers in Minneapolis and much of the northwestern United States, but it also gave the company the ability to build and maintain cell towers.

Tower climbers, unite In 2012, only 35% of Aero’s revenue came from building and maintaining wireless networks, according to Rosen. Now that number is about 50%, he said, noting that the other half comes from services Aero provides to cable companies. The company took another step toward broadening its wireless capabilities at the start of the year, when it acquired Mill City TEC, a Minnesota company that specializes in building and maintaining cell towers. Now those “tower climbers” can use their skills on jobs in other states where Aero operates, according to Campbell, who sits on Aero’s board. They also can help train colleagues who previously worked for other businesses, he said. Aero also is buying companies in different parts of the country as a way to cover more territory. Though the company can serve the entire continental United States, most of its business comes from 15 states. “There was a really small equivalent to Aero in every market,” Campbell said. And soon some of them could fall by the wayside: Campbell noted that telecom companies are trying to buy more services from fewer companies

PHOENIX INSTALLATION SERVICES, JULY 2014. This Dallas-area company builds fiber Internet networks in Texas, Oklahoma, Louisiana and Arkansas. Before the acquisition, Aero had no presence in the southwestern United States. FULTON TECHNOLOGIES, AUGUST 2014. Aero bought Fulton to gain more wireless expertise. The Chicagoarea company builds, maintains and monitors the performance of cell towers and sites. It also provides municipal safety services, helping Aero “deepen our relationships with municipalities,” according to a statement from Aero CEO Greg McCray. — Chuck Soder

— a trend that favors larger contractors that operate throughout the country. Rosen agreed that telecoms want “more capabilities and a broader reach.”

Manage the management Resilience also is playing an active role in trying to help Aero increase those capabilities. Soon after Resilience bought the assets of Advanced Communications, the firm hired longtime telecom executive Greg McCray to replace founder Michael Falsetti as CEO. It also replaced several senior executives at the company. Since the purchase, Aero has replaced many of its aging vehicles, and it has started using software to make sure those vehicles are routed in the most efficient way possible. Resilience — which typically takes an active role in running the companies it owns — also helps Aero manage its human resources efforts and other functions. Will Aero buy just as many companies next year? Campbell wouldn’t say, but he noted that the company is looking for good deals. “We’re inquisitive about other opportunities,” he said.

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Third generation boosts energy at OGS By RACHEL ABBEY McCAFFERTY rmccafferty@crain.com

In just the last two weeks, OGS Industries in Akron has acquired a screw machine company, hired five additional employees and started a second shift for its fabrication business. And management at the metal stamping and fabrication company doesn’t plan for the growth to stop there. In the next three years, OGS wants to grow its annual sales from its current range of $10-$15 million to $20 million. The company has been growing since it was founded in 1959, but it was more conservative growth, said president John Bader. It started as just the Ohio Gasket & Shim Co., growing through acquisitions and internal expansions to five manufacturing and procurement companies and one packaging division under the trade name of OGS Industries, employing about 125 in the Akron area. But when John’s 27-year-old son, Andrew Bader, joined the company in May 2013 to work in its marketing and sales departments, he brought a new sensibility. He updated the company’s website and got it active on social media sites including YouTube, Twitter and LinkedIn. John said he’s “thrilled” to have the third generation join the company — Andrew said his grandfather, Jack Bader, was the first — and that it’s given everyone more energy. Andrew’s brother, Matt, 24, works in production. William E. Gaskin, president of the Independence-based Precision Met-

CONTRIBUTED PHOTO

OGS Industries vice president Tom Bader, left, and his nephew, Andrew Bader, who works in the marketing and sales departments, are helping to drive growth at the family-run business. alforming Association, of which OGS is a member, said that often when new blood comes in, those individuals drive the growth and change at a company. But, he noted, that doesn’t seem to be the case at OGS, as both the second and third generation seems to be engaged in the changes. In general, business conditions are good right now, Gaskin said, and it’s not unusual to see companies striving for growth. But the question, he said, is whether companies want to be cautious and try to grow organically in the markets they’re already serving, or if they want to take the path OGS is by diversifying and investing in new technology and companies. “They’ve clearly done their preparation for it,” Gaskin said.

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He said one of OGS’s strengths is its diverse customer base. OGS serves a variety of industries from aircraft and aerospace to offroad trucking and transportation. No industry makes up more than 10% to 15% of the company’s business, said Tom Bader, vice president of OGS Industries and brother of John. “We’re not married to one sector,” Tom said. And the company took on another type of fabrication skills with the acquisition of Munroe Falls-based Lehner Screw Machine Co. The idea of acquiring the company actually came up previously, John said, but OGS passed because it wasn’t in its core competency. But as time passed, the idea of being able to approach existing customers with a

new capability became more attractive. The company purchased Lehner for an undisclosed price on Aug. 15, bringing on about 20 employees. “We hope to really springboard off the customer base we have now,” he said.

Go ahead, quote them Andrew’s quick to note that OGS isn’t just relying on current customers for growth. OGS brought in a sales consultant in early 2014 to help take the company from a “reactive to proactive” approach in sales, he said. The company now is putting a stronger focus on sales. But ultimately, customer demand is driving the company’s recent growth. “We seem to be quoting and quot-

ing and getting and getting,” Tom said. John agreed, saying they were “big quotes,” and that it’s requiring the company to get more serious about its fabrication business. Just last week, OGS started a second fabrication shift for Ohio Gasket & Shim — the first time it has done that since 2000, Tom said — and hired five employees because of it. The company also plans to set up a separate fabrication space in a 14,000-square-foot warehouse next to its existing 35,000-square-foot Ohio Gasket & Shim building at 976 Evans Ave. in Akron. OGS already owns the warehouse and currently rents it out, Andrew said. The expansion would give both the fabrication and press sides of the business space to grow. Tom said the plan is to clear out about 10,000 square feet, working with an existing tenant, and then to invest in a new fiber cutter laser to put in a “clean, efficient, lean” fabrication center. He expects the company to have the space cleared out and plans ready by February or March of next year. In the future, Andrew said the company would look to hire employees with skills that it hasn’t had in the past, such as certified welders and manufacturing engineers. John said there’s not a lot of turnover at OGS, while Tom spoke to the longevity of some of the employees. The company’s employment hovered in the mid-90s for a long time, Tom said. Employee welfare is important to managers at OGS. “It’s a family culture,” Tom said.

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Tire Town buyer rolls into market Best-One Tire & Service of Indianapolis has bought the assets of the former Terry’s Tire Town commercial tire business in Northeast Ohio — four tire service facilities and a Bandag retread plant — from American Tire Distributors Holdings Inc., which had acquired them in its April purchase of Terry’s Tire Town Holdings Inc. The tire service locations in Canton, Girard, Twinsburg and Alliance, plus the retread plant in Alliance, are now operating under the Great Lakes Best-One Tire & Service banner, according to Best-One Tire. Best-One is the fourth-largest commercial dealership and fifth-largest truck tire retreader in the United States, with sales last year of $300 million. Financial terms of the sale were not disclosed, but American Tire estimated in its recent initial public offering prospectus the value of the business being divested at $3.3 million, including $2.5 million in assets and net property and $800,000 in equipment. James Brott, who managed the

Terry’s Tire Town locations for 23 years, will be the managing partner for the newly established Great Lakes Best-One locations. He has worked for 31 years in the tire industry. “I look forward to continuing the many long-term relationships that I’ve been able to establish with both my customers and employees in the more than 20 years that I’ve spent with Terry’s Town,” Brott said. “I’m also glad to be joining the Best-One group — an organization that has built great strength in the tire industry over the years and is comprised of many excellent people.” The core of the business being divested is a Bandag-system retread plant and commercial tire center that Terry’s Tire bought from Premier Bandag in 1998 and expanded in 2007, according to a published Terry’s Tire history. The acquired business employs 50, Best-One said. American Tire had characterized the commercial tire operations as not consistent with its core busi-

ness of wholesaling and therefore designated for divestment. The next nearest existing BestOne Tire commercial tire service points are in Cleveland and Jackson, Ohio, according to Best-One’s online dealer locator. Dave Hartman, director of commercial development for Best-One, said this expansion further into Northeast Ohio is positive strategic growth for Best-One. The acquired locations expand Best-One’s network of commercial servicing points to more than 135. The Alliance retread plant will be Best-One’s fourth Bandag retread facility in Ohio and 16th overall throughout Best-One’s coverage area. Overall, Best-One Tire & Service has more than 250 retail and commercial outlets operating under the Best-One umbrella. American Tire paid approximately $365.6 million for Terry’s assets, which include 10 distribution centers in nine states. The business generated sales in 2013 of about $500 million. — Tire Business

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ager Ray Farmer in February transformed into a media tidal wave with the selection of Manziel in May. The Browns have since surpassed the 60,000 mark in season tickets and sold out all 140 suites at renovated FirstEnergy Stadium for 2014. On the secondary market, the hype, combined with the reduction of about 4,000 seats (FirstEnergy Stadium’s capacity is now about 68,000), has meant better value for resellers. Klang said his Browns regularseason seats all are selling for at least $100. “That’s pretty good,” he said. Klang said the year-over-year increase of more than 40% is the best he’s seen for a Browns season since 2008, when a team led by Derek Anderson and Braylon Edwards was coming off a surprising 10-win campaign. Merk said his Browns tickets aren’t “up 30%, 40%,” but he is getting between $85 and $250 per seat for games against the Steelers, Saints and Ravens. The matchups with the Colts, Bengals and Texans are generating sales of $75 to $200 per ticket. “I can tell you one thing, and three different sites will give you different numbers,” Merk said.

Long way to go That belief is reflected in the varying numbers of Vivid Seats, a Chicago-based company that operates one of the nation’s largest resale markets, and SeatGeek, which compiles prices from sites such as StubHub, TicketsNow and Razorgator. Vivid Seats said the Browns’ secondary-market norm of $130 is tied for 29th in the league. Last season, the team’s $116.50 average was the league’s worst. As much of a leap as the Browns have made on the secondary market this season, there is still a gulf between prices for their home games and Vivid Seats’ list of the 25 NFL games that are most in demand. The top 25, which doesn’t include a Browns game, ranges from

an average price of $358 (Kansas City at Denver on Sept. 14) to $575 (Denver at New England, aka Peyton Manning vs. Tom Brady, on Nov. 2). The Browns’ top ticket is their Oct. 12 date with the Steelers, which is generating an average sale of $154 on the secondary market, according to Vivid Seats. SeatGeek said the Browns’ 30.5% jump in secondary-market demand trails only the 49ers (whose opening of a new stadium has meant an 80.3% increase), Seahawks (the defending champs’ prices are up 52.1%) and Titans (35.3%). The Browns, according to SeatGeek, have only a 1.9% share of the NFL secondary market, ranking 23rd in the league. A year ago, they were No. 26 at 1.6%. SeatGeek communications analyst Connor Gregoire said the matchups against the Steelers (an average price of $130) and Saints ($124) are on pace to be the two most in-demand Browns games on the secondary market since at least 2009, when the company began to monitor the market. It’s even possible that Manziel’s status as a backup could work in the sellers’ favor later in the season. Should the Browns get off to a slow start and eventually replace Hoyer with the rookie whose jersey is already the league’s top seller, the secondary market for the team’s last five home games could pick up. The contests against Oakland (Oct. 26), Tampa Bay (Nov. 2), Houston (Nov. 16), Indianapolis (Dec. 7) and Cincinnati (Dec. 14) are producing five of the six lowest average sales on the Browns’ home schedule. Don’t tell that to Klang and Merk, who would take a winner over a stud rookie QB any day. “Long term, what drives the market is winning,” Klang said. Merk said if the Browns lose their first couple games, he’ll “drop prices and it could be a long season.” But he’s “hoping” for a 9-7 season. “I’m staying optimistic,” Merk said. The same goes for the market.

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GOING PLACES

Send information for Going Places to dhillyer@crain.com

JOB CHANGES CONSTRUCTION J.L. MOORE INC.: Pam Wiese to director of business development RUHLIN CO.: Ron Carcelli to grading and drainage superintendent; Nick Sekerak to project engineer; Eric Morrison to superintendent; Ryan Berkhouse to safety director.

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CONSULTING PRADCO: James Lundquist to director of talent development.

FINANCIAL SERVICE AXA ADVISORS: David Messner, Ryan Earl, Christopher Leben and Brittany Macre to financial professionals; Jeffery Acheson to financial planner, consultant. BRUML CAPITAL CORP.: James R. Deitzer to assistant vice president. PNC ERIEVIEW CAPITAL: Steve Weigand to associate. SKODA MINOTTI: Laura Rohde to human resources director.

HEALTH CARE LASER SPINE INSTITUTE: Jeffrey Shall, M.D., neurosurgeon to medical staff. UNIVERSITY HOSPITALS: Nancy M. Tinsley to president, UH Parma Medical Center.

INSURANCE BRITTON GALLAGHER: Rodney Gerbers to vice president; Natalie Michaels to account manager, life sciences division. MEDICAL MUTUAL OF OHIO: Ted Palace to manager, cash control.

MARKETING CUNNINGHAM BARON: Nina McCollum to director of writing services.

MEDIA BABCOX MEDIA INC.: Sean Donohue to publisher, TechShop and Motorcycle & Powersports News.

NONPROFIT GREAT LAKES SCIENCE CENTER: Cynthia S. Saine to chief financial officer. HATTIE LARLHAM; Catherine Schwartz to chief development officer; Darryl Mast to chief operations officer; Daniel Warner to vice president, operations. KIDNEY FOUNDATION OF OHIO: Bethany Studenic to social worker. LGBT COMMUNITY CENTER OF GREATER CLEVELAND: Maya Simek to program director. SOCIAL VENTURE PARTNERS:

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AREA TEMPS INC.: Jon Hudson and Nisa Cheraso to inside sales coordinators.

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STAFFING

Software guild names new leader The leader of JumpStartâ€™s mentoring program for entrepreneurs is now the leader of the Software Craftsmanship Guild in Akron. Anthony Hughes will become president of the guild â€” a 1-year-old for-profit school that trains people to become software developers in three months â€” starting in September. Hughes told Crainâ€™s that heâ€™s tasked with managing the Software Craftsmanship Guild as it expands. With Hughes on board, founder Eric Wise will become chief academic officer, where heâ€™ll focus more on managing the addition of new teachers and classes. The guildâ€™s goal is to get students to the point where they can take on entry level software development positions, even if they had no previous development experience. And students have quickly found jobs with local companies, according to Hughes. For instance, one retail software development firm, CardinalCommerce of Mentor, previously told Crainâ€™s that the company regularly hires guild graduates. JumpStart wonâ€™t have to look for anyone to take over its Burton D. Morgan Mentoring program, which pairs entrepreneurs with more experienced mentors. It already has a new director: Bill Nemeth, a former mentor with the program who sold an information technology consulting business called Mirifex Systems at the end of March. JumpStart, a nonprofit that works with local startup companies, announced earlier this month that Nemeth would become co-director of the program. â€” Chuck Soder

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PUBLISHER:

John Campanelli (jcampanelli@crain.com) EDITOR:

Elizabeth McIntyre (emcintyre@crain.com) MANAGING EDITOR:

Scott Suttell (ssuttell@crain.com)

OPINION

Idled Ohio is a competitive political state, more purple than red or blue. Our fairly even split between Democrats and Republicans is one reason Ohio is a key battleground state in presidential elections. Because of that divide, we Ohioans enjoy a lively discourse during the post-Labor Day political season, when issues are discussed and candidates are expected to stand for something. This extends from presidential contests to statewide races. This fall, however, we will be robbed of meaningful debate surrounding the race for governor and issues important to Ohio thanks to the failure of Cuyahoga County Executive Ed FitzGerald to run a viable campaign against incumbent Republican Gov. John Kasich. As Labor Day nears, FitzGerald is a dead man walking the campaign trail. His stumbles began early, when his eagerness to select a running mate lead to his hasty selection of a state senator with tax problems. As summer began, FitzGerald’s biggest obstacles appeared to be his lack of name recognition beyond Northeast Ohio and a shortfall in campaign cash. Then August arrived, and proved to be the cruelest month for FitzGerald. Suddenly Ohioans knew Ed FitzGerald, but for all the wrong reasons. First came news that back in 2012, police found the married father of four with another woman in a parked car at 4:30 a.m. Sure, eyebrows were raised, but media leaks of such revelations are just politics as usual, right? FitzGerald argued that case and appeared ready to move on to more substantive issues. Then things got worse. Turns out the former FBI agent, prosecutor and mayor didn’t have a regular driver’s license for a decade. But he did drive. As that lapse in judgment continues to dog FitzGerald, it came as no surprise when top aides last week began to flee his campaign. As FitzGerald’s candidacy fades, we’re left to wonder if he was a victim of his own hubris. Did his ambition for higher office get the better of him, prompting him to run before he was ready? Did it blind him to his own failings, preventing a thorough vetting of FitzGerald the candidate? Sadly, we are now left with a meaningless gubernatorial race. Ideas for dealing with plenty of important issues facing our state won’t be discussed in a meaningful way: education, economic development, jobs, wages and taxes, and a thorough discussion of Kasich’s record in his first term. This type of political discourse and the hashing out of ideas is important for voters and for candidates. It appears that won’t happen in this year’s race for governor. FitzGerald will surely lose. And so, too, will voters of all ideologies deprived of a meaningful election.

FROM THE PUBLISHER

Cleveland is finally connecting the dots On a typical workday, more than 200 light Office Tower,” “The Ritz-Carlton” RTA trains stop at Tower City, where and a few others, read “RTA rapid transit about 30,000 people step on and off the station.” Red, Blue, Green and Waterfront lines. The height of those brass letters? This is Cleveland’s main transit station. About 5 inches. The trains under the TerThink about this for a secminal Tower can take visitors ond: the main train station in and tourists to airports, mua big city and (essentially) no seums, a stadium, a universisign outside. ty, dozens of communities I don’t know what embarand lots more. But that’s only rasses me more — that fact or if visitors and tourists know the fact I would have never rethere are trains inside the alized such an obvious omisbuilding. sion if someone hadn’t told Last week, I did a little exerme. cise: I walked around the We are Clevelanders, so Tower City block trying to JOHN “trains under the Terminal find a sign that tells people CAMPANELLI Tower” is almost inborn outside that there are trains knowledge, like “slow down inside. (If you’ve been to cities and through Linndale.” What also seems to towns around the world, you know the be inborn is our inability to see our city main train station is often not only the — and craft our city’s wayfinding — center of town, it’s the center of the through the eyes of a visitor. populace’s internal compass and conThat tunnel vision has hurt us. sciousness. There are also plenty of “We did a whole bunch of research, signs.) and part of what we’ve found was that Here, the sign search wasn’t so easy. people who visit Cleveland do not rate But on the Public Square side, I eventuwell their on-the-street experience,” ally spotted some brass lettering on the Positively Cleveland CEO David Gilbert building that lists Tower City’s compotold me last week. “In essence, what it nents: On the seventh line, under “Skysays is that we’ve got great dots, but we

don’t do well connecting the dots.” Thankfully things are getting better. Positively Cleveland is working with Applied Wayfinding Information Design to create a new street-level navigation system. Applied created London’s wayfinding plan, called Legible London, before the 2012 Olympics, to rave reviews. Our new system will include everything from signs and maps to better lighting and digital layers for mobile devices that will incorporate dining, attractions, parking and more. And it’s not just for downtown. Neighborhoods from Lakewood to University Circle will be included. The goal here, says Gilbert, is to have the best pedestrian wayfinding system in the nation. He hopes to have it in place by the 2016 Republican Convention. We are at an extraordinary moment in our city’s history. The opportunity to become a “destination,” a “cool city,” whatever you want to call it, is here. And the potential benefits to our economy, infrastructure and future are real. Improved wayfinding is just one job on a long list to turn that opportunity into reality. It’s one train we cannot miss.

TALK ON THE WEB Re: Resignation of a Cliffs Natural Resources director The move by Timothy W. Sullivan is just sour grapes. Cliffs needs big changes, not incremental change. A bunch of the old board members had no experience running anything. It was clear what Casablanca Capital had planned, and they won and got control. Get on the same page or get out. — Cash McCall

ly larger permanent residency. A better descriptive would be to say it is a “district,” specifically an educational and cultural district bordered by the other neighborhoods cited in your Aug. 18 package of articles. — James Harris

Re: Growth of University Circle

Isn’t permanent residency exactly what builds a neighborhood? I live in Little Italy with my young family, and I can say without a doubt that the Tony Brush park renovation has produced a real feeling of neighborhood with all the other young families. — Pau Pau

University Circle may be on its way to potentially being a “neighborhood” but it is not there yet and probably never will be if the emphasis is on a proportionate-

The connection between the Heights and University Circle has been strengthened by the completion of the bike path,

but a public transportation option is still lacking. While the Cleveland Skylift is a cable car that has been proposed for linking downtown to Lake Erie, a cable car from Shaker Square to University Circle along Doan Brook would be a terrific complement that would encourage more transit users and users for the bike path, especially as a backup option in case of rain. — hobby

Re: Kent State added to Google’s Street View This is really good news for KSU. As I am a 1967 graduate, and have had the good fortune to see two daughters graduate from Kent, I have seen many of the changes and additions to the campus

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Entertainment draws such as the Rock and Roll Hall of Fame give Cleveland a cultural edge.

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Embrace our cultural riches By BERNIE MORENO

Cleveland knows how to do summer right. Maybe itâ€™s because our winters are long and our summers are comparatively brief, but we embrace warm weather with a passion. There isnâ€™t a summer day that goes by without a community event, festival or cultural activity happening somewhere in Cuyahoga County. Arts and culture continue during the other seasons, of course, but itâ€™s in summer that they explode and the entire region comes alive. In 2005, I moved to Cleveland from Boston, one of the cultural hubs of the country. I came here to start a business, with no real consideration of what the cultural and arts scene would be like in my new home. If I gave it any thought, it was that I expected it to be less rich than in the city I was leaving behind. Iâ€™ve been pleasantly surprised. The Cleveland Orchestra, the renovated Cleveland Museum of Art, the Rock Hall, PlayhouseSquare â€” they all live up to their world-class reputations. But Iâ€™ve found so many other cultural features that I didnâ€™t expect. The Cleveland International Film Festival, Cain Park Arts Festival, the Crawford Auto-Aviation Museum (I have a thing for cars), Wade Oval Wednesdays and countless community festivals and neighborhood street fairs make Cuyahoga County a rich place to live and work. The GOP chose Cleveland to host the 2016 Republican National Convention after visiting the Allen Theatre, the Cleveland Museum of Art

Bernie Moreno is president of The Collection Auto Group. and the Rock Hall. Our cultural offerings simply set us apart from our competition. I confess that I havenâ€™t taken advantage of every cultural opportunity the area has to offer, though Iâ€™m trying to get to as many as I can. But one does not have to be a Cleveland Orchestra subscriber or a regular at City Ballet to realize the benefits of what they do. In an economy where creative people can choose to live and work almost anywhere, itâ€™s vital that we have a strong, vibrant culture that can attract businesses and individuals who will make Cuyahoga County an exciting and prosperous place to live for everyone. A few years ago, the Knight Foundation asked people all over the country what makes their communities a desirable place to live. The top answer, year after year, from Duluth to Miami, wasnâ€™t jobs; it was social offerings, such as arts and entertainment, that people valued most. Of course, all of our arts and culture offerings would not be possible without the work of thousands of workers and volunteers, but it takes money as well. Here again, Cuyahoga County is fortunate. In 2006, voters approved a 10-year tax on cigarettes with the revenue going to grants for arts and culture organizations. And that public investment is paying dividends to all of us in Cuyahoga County, as those grants support jobs, education for all ages and a terrific quality of life.

A University of Chicago study this year found that the arts in Cuyahoga County received more in grant funding than 12 other cities, including San Francisco, Chicago and Philadelphia. Thatâ€™s due largely to the cigarette tax. Cuyahoga Arts & Culture (CAC), the organization that awards the grants, this year is funding 196 organizations in almost every community in the county. Last year, events took place in more than 2,300 locations throughout Cuyahoga. And while Karamu House and Apolloâ€™s Fire are on the list, so are the Benjamin Rose Institute on Aging, Hospice of the Western Reserve, the Cuyahoga Valley Scenic Railroad and community festivals in Strongsville, Berea, Euclid, Lakewood, Shaker Heights and elsewhere. CAC-funded organizations provide entertainment and education to millions of residents and visitors, and half of those programs and events are free of charge. Cuyahoga Arts & Culture spreads the money around to a lot of groups and communities, but itâ€™s careful with its spending. Grant recipients have to raise their own money as well and cannot depend solely on tax revenue. The state auditor has given CAC high marks every year itâ€™s been in operation. The cigarette tax will be up for renewal in 2016. That is two more years to enjoy the abundance of cultural offerings it supports. I hope youâ€™ll join me in experiencing as many of them as possible and in voting to keep the tax and its benefits in place.

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TALK ON THE WEB (CONTINUED) and city over the years. They have built a world-class university in Kent that is a terrific value for any student. You can be on campus in less than one hour but feel you are in a different world. See the Google tour and you will get some idea what Kent has to offer. Better yet, get in the car and take a first hand look. (And Rayâ€™s Place has the best hamburgers around.) â€” bigdaddy1

Re: The ACE Report on jobs

Re: The Connor Palace

This is very interesting and helpful in understanding the economic dynamics of the region. An additional report that would be of benefit is change in private (commercial & industrial) capital investment. â€” Michael Knoblauch

Chris (Sherwin-Williams CEO Chris Connor), please keep the name as The Palace Theatre. The new signage will probably use up $250,000. Cancel the new signs and just tell them that you will give them the money but they can never change the name. Some history should never be changed. â€” Preserve History

What a great report. Kudos to Crainâ€™s for demonstrating leadership in creating and managing business news in the region. â€” Nick

Get the complete story. With more in-depth regional news coverage, along with the best of NPR national and world programming.

Kent State University, Kent State and KSU are registered trademarks and may not be used without permission. Kent State University, an equal opportunity, aďŹƒrmative action employer, is committed to attaining excellence through the recruitment and retention of a diverse workforce. 14-0045

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The power of global connections™ “Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., both of which are registered broker-dealers and members of SIPC, and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured • May Lose Value • Are Not Bank Guaranteed. THE POWER OF GLOBAL CONNECTIONS is a trademark of Bank of America Corporation, registered in the U.S. Patent and Trademark Office. ©2014 Bank of America Corporation 06-14-0205

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OHIO

MBA

GUIDE Our annual snapshot of graduate business education options available in the state

PUBLIC THE UNIVERSITY OF AKRON COLLEGE OF BUSINESS ADMINISTRATION AKRON 330-972-7043 GRADCBA@UAKRON.EDU TYPES OF MBAS AVAILABLE: The flexible MBA at Akron allows students to attend on a full- or part-time basis. Evening and weekend classes provide flexibility for employed students. Concentrations that are available are in management; leadership and organizational change; finance; global technological innovation; interdisciplinary; international business; international finance; health care management; supply chain management; and strategic marketing. The interdisciplinary concentration provides the most flexibility. A student can customize the concentration by selecting nine graduate credits to use toward the concentration. Students develop their own plan of study for approval, and it can include graduate courses from outside of business. MBA PROGRAM HIGHLIGHTS: The fourth cohort of the Saturday MBA program will start on Aug. 23. Students take courses using distancelearning technologies at the Medina County University Center, University of Akron Wayne campus and the University of Akron Lakewood Center, every other Saturday for two years. The inclass experience is supplemented with online technology. Students take three courses per semester using this hybrid format. The same students attend classes together over the twoyear period. The new cohort will run from fall semester 2014 through summer semester 2016. CLASS LOCATIONS: Most classes

are held on the main campus in Akron. Saturday MBA classes use distance-learning technologies at the Medina County University Center and The University of Akron Lakewood. ONLINE OPTIONS: The economics class is offered twice a year and is 100% online. REQUIREMENTS FOR ADMISSION: Applicants should be well-rounded individuals with compelling professional or educational experience. Applicants should provide evidence of interest in, and potential to fulfill, a leadership role in a formal organization. A GMAT score of at least 500 is required with scores of at least the 50th percentile on all sections of the GMAT preferred. Students who have taken the GRE, MCAT or LSAT may request consideration for admission based on those scores. A minimum score of 50% on all sections of the test is expected. Students holding a master’s, doctorate or juris doctor (law degree) from a U.S. university may request admission based on those degrees. The student’s overall application will be reviewed, but the GMAT still may be required for admission. No specific undergraduate major is required. Two reference letters are required as well as a resume, statement of purpose and transcripts. The average GMAT score and four-year GPA for those admitted is 588 and 3.30, respectively. More admission requirement information can be obtained from the school. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Graduate assistantships available for full-time students. They offer full and half scholarships and a stipend for working 20 or 10 hours per week, respectively. About 20 to 25 new awards are granted per year. GENERAL TUITION/FEE INFORMATION: Tuition/ fees is

$496.12 per credit hour for Ohio residents, and $796.00 for nonresidents. SIZE OF MBA PROGRAMS: In 20132014, 289 MBA students were enrolled.

BOWLING GREEN STATE UNIVERSITY COLLEGE OF BUSINESS ADMINISTRATION BOWLING GREEN 419-372-2488 MBA-INFO@BGSU.EDU TYPES OF MBAS AVAILABLE: Full-time MBA, an accelerated oneyear program with specializations in accounting and finance; executive MBA, a part-time weekend program; and professional MBA, a part-time evening program. MBA PROGRAM HIGHLIGHTS: The full-time program is a cohortbased, accelerated one-year format open to students from any undergraduate major. BGSU’s MBA programs are accredited by the Association to Advance College Schools of Business (AACSB). According to the school, it received the second-highest ratings in Ohio by The Princeton Review for academic experience and admissions selectivity. CLASS LOCATION: Full-time and executive MBA classes are held at the main campus. Professional MBA classes are held in Perrysburg and Findlay. ONLINE OPTIONS: None. REQUIREMENTS FOR ADMISSION: For the full-time MBA: bachelor’s degree; official transcripts; GMAT, minimum 500; two letters of recommendation; resume; self-evaluation; and a GPA requirement, 3.0 (international

students must have a TOEFL of 80). For the executive MBA: bachelor’s degree; official transcripts; GMAT (waived if applicant has 10 or more years of professional/managerial experience or possesses a graduate degree from a regionally accredited U.S. college or university); one letter of recommendation; resume; and selfevaluation. For the professional MBA: bachelor’s degree; minimum of three years’ working experience; official transcripts; GMAT, minimum 500; two letters of recommendation; resume; and self-evaluation. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Financial aid is available to full-time students in a variety of forms, including graduate assistantships, student employment and loans. The executive MBA and professional MBA have tuition deferral for students who receive financial assistance from their employers. GENERAL TUITION/FEE INFORMATION: Full-time MBA, total program cost, Ohio resident, $18,000; nonresident, $28,959. Executive MBA, total program cost, $38,500. Professional MBA, total program cost, $24,252. SIZE OF MBA PROGRAMS: Full-time MBA total, 40 per cohort; executive MBA, 25 per cohort; and professional MBA, 30 per cohort.

UNIVERSITY OF CINCINNATI CINCINNATI CARL H. LINDNER COLLEGE OF BUSINESS 513-556-3546 GRADUATE@UC.EDU TYPES OF MBAS AVAILABLE: The full-time MBA program includes a 12month accelerated program and a 15-

month accelerated program with an internship. Also available is a dual-degree program, which includes a 21month MBA/master of science program. There also are joint degrees — MBA/arts administration; MBA/law; MBA/medicine; and MBA/nursing — as well as a part-time option, which is two years with flexible sequencing. The five-year Accelerated Engineering Degree (ACCEND) program allows engineering students to earn an undergraduate engineering degree plus an MBA. All MBA students are invited to complete a discipline-specific certificate in conjunction with their MBA. Twenty-one certificates are offered including marketing, leadership, finance, international business, innovation, data analytics, operations excellence and taxation. These graduate certificates are transcriptable and can be included as part of the degree. MBA PROGRAM HIGHLIGHTS: According to the school, the recently redesigned MBA program allows students to tailor the degree to their needs and interests for a more personalized experience. Students with undergraduate business degrees can waive foundation courses and use available electives to earn transcripted graduate certificates. Students also can add a specialized master’s degree in accounting, applied economics, business analytics, finance, information systems, marketing or tax to an MBA with as few as 18 to 24 additional semester hours of study. The program has been AACSB accredited since 1919. Both the full-time and part-time programs are ranked by U.S. News & World Report’s 2015 rankings, 81 for the part-time and 60 for the full-time. According to the school, the UC MBA program enjoyed the highest jump in rankings of any

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program in the United States.

Earn More. Aim Higher.

12-Month M.B.A. Online or In-Class The DeVille School of Business

www.walsh.edu/mba

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MEET THE 2014 CLASS

CLASS LOCATION: Main campus. The part-time program also is available at the Blue Ash Carver Woods campus. ONLINE OPTIONS: Complete program can also be conducted online. REQUIREMENTS FOR ADMISSION: Undergraduate degree in any discipline; online application (https://apply.uc.edu/OnlineApply/); essay on how an MBA will help in the future; two letters of recommendation; official GMAT score; official IELTS/TOEFEL scores (international students); and current resume or CV. SCHOLARSHIP/FINANCIAL AID AVAILABLE: The Albert C. Yates Fellows offers full tuition for minority students, while university graduate scholarships are merit based. Need-based financial aid is available through the University of Cincinnati Financial Aid Office. Paxton Fellows are available for full-time MBAs, with an emphasis on leadership and interdisciplinary problem solving. GENERAL TUITION/FEE INFORMATION: Full-time (10 or more credit hours per semester), Ohio resident, $10,479 per semester, including fees and tuition; nonresident, $12,898 per semester, including fees and tuition. Part-time, $890 per credit hour for Ohio and non-residents (parttime tuition includes rate fees). SIZE OF MBA PROGRAMS: Full-time, 108 students; part-time, 175.

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CLEVELAND STATE UNIVERSITY MONTE AHUJA COLLEGE OF BUSINESS CLEVELAND 216-687-3730 E.GRANOT@CSUOHIO.EDU, DR. ELAD GRANOT, ASSISTANT DEAN, MBA PROGRAMS TYPES OF MBAS AVAILABLE: Full-time and part-time MBAs are offered on campus; off-campus at Cleveland Clinic, Progressive Insurance and CSU West Center; Executive MBA weekend program (19 months); Mobile Accelerated MBA, full-time online program (12 months); Global Accelerated MBA weekend program (12 months). MBA PROGRAM HIGHLIGHTS: AACSB (Association to Advance Collegiate Schools of Business) accredited, flexible class offerings, off-campus offerings and nearly 80% of graduates work in Northeast Ohio area. In the Executive MBA program, students are all individuals who have been out of school for some time and are working in professional and supervisory positions. An international study tour is included during which students will meet with executives from top companies. During the weekend classes, meals are provided. Books and a parking pass are also provided and are included in tuition. In the Global Accelerated MBA program, an international study tour is included during which students meet with executives from top companies. During the weekend classes, meals are provided. Books and a parking pass are also provided and included in tuition. The Mobile Accelerated MBA program is 100% online. When students are admitted into the program, they receive an iPad, which they use for all of their courses and for their textbooks. The tuition includes the iPad and cellular service. CLASS LOCATIONS: Downtown Cleveland (main campus); Progressive Insurance, Mayfield Heights; Cleveland Clinic, Cleveland; CSU West Center, Westlake. ONLINE OPTIONS: The Mobile Accelerated MBA is a 100% online program.

REQUIREMENTS FOR ADMISSION: Requirements for admission vary from MBA program to MBA program. Please contact the Graduate Advising Center in the College of Business at 216-687-3730 or by email at cbacsu@csuohio.edu. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Student loans, graduate assistantships and scholarships are available. GENERAL TUITION AND FEES: Tuition and fees vary per MBA program. SIZE OF MBA PROGRAMS: N/A

KENT STATE UNIVERSITY COLLEGE OF BUSINESS ADMINISTRATION KENT 330-672-3622, EXECUTIVE MBA PROGRAMS JJANOSKO@KENT.EDU 330-672-2282, FULL-TIME AND PART-TIME MBA PROGRAMS GRADBUS@KENT.EDU TYPES OF MBAS AVAILABLE: Executive MBA for corporate professionals; executive MBA for health care professionals; full-time MBA with 10 areas of concentration; part-time MBA with 10 areas of concentration; and dual degrees (MBA/master in library science, MBA/master of science in nursing, MBA/master of architecture, MBA/master of arts in translation and MBA/communication studies). MBA PROGRAM HIGHLIGHTS: AACSB, dual accreditation in business and accounting; according to the school, fewer than 1% of business colleges have both worldwide. Additionally, the school said it ranked as one of the top 10 business colleges in Ohio by U.S. News and World Report; third best business college in the Mid-American Conference (MAC) by U.S. News and World Report; as a best business school by the Princeton Review; and by CEO Magazine as the 12th-top global Executive MBA Program in North America. Executive MBA programs are inclusive and affordable including tuition, fees, international business trip, beginning residency, books, parking and some meals. The executive MBA for corporate professionals meets most Saturdays, for 18 months. The Executive MBA for health care professionals meets once monthly, for 23 months. The part-time MBA has weeknight evening courses, along with advising and is self-paced. The full-time MBA is a structured daytime program, featuring career development and study-abroad opportunities CLASS LOCATIONS: Executive MBA for corporate professionals, main campus in Kent; executive MBA for health care professionals, Kent State College of Podiatric Medicine in Independence; part-time MBA program, main campus and Kent State Stark Campus in North Canton; full-time MBA program, main campus in Kent. ONLINE OPTIONS: Executive MBA for corporate professionals, online session, fourth Saturday; executive MBA for health care professionals, online session, monthly; part-time and full-time, MBA, less than 20% of the program is available online, but several electives are offered online during the summer. REQUIREMENTS FOR ADMISSION: Executive MBA programs, five years of relevant work experience. GMAT may be waived for those with more than 10 years of work experience or advanced degrees. Full-time and part-time MBA, undergraduate degree in any major with official transcripts; GMAT; resume; letters of recommendation; and an essay with goals and objectives. No

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work experience for full-time MBA, but two years full-time work experience required for part-time MBA. SCHOLARSHIPS/FINANCIAL AID AVAILABLE: EMBA scholarships are need-based. Deferred billing is available for EMBA students who have employer tuition benefits. Full-time MBA offers graduate assistantships that cover tuition and a stipend of up to $8,000 for 20 hours of work per week for nine months. The award is renewable. Parttime MBA students receive deferred billing for those that have employer tuition benefits. GENERAL TUITION AND FEES: EMBA for corporate professionals, $43,900; and EMBA for health care professionals, $44,900. Full-time and part-time MBA credit hour cost, Ohio resident, $485; and nonresident, $827. Full-time enrollment, Ohio resident, $5,326 per semester; and nonresident, $9,084 per semester. Special fees, part-time MBA per semester, $270; and full-time MBA per semester, $600. SIZE OF MBA PROGRAMS: Executive MBA for corporate professionals, 40; executive MBA for health care professionals, 20; part-time MBA,100; and full-time MBA, 65.

MIAMI UNIVERSITY FARMER SCHOOL OF BUSINESS WEST CHESTER 513-895-8876 MBA@MIAMIOH.EDU TYPES OF MBAS AVAILABLE: Part time. MBA PROGRAM HIGHLIGHTS: Our central location in West Chester, bundled tuition that includes all instructional materials and student services are designed to help students balance work, school and home life. The school says its approach focuses in on the hard and soft skills needed to excel in business. Small classes are led by a mix of industry experts and full-time, Oxford-based faculty. With limited prerequisites and a schedule developed to accommodate working professionals, completing an MBA in two years is easily within reach. CLASS LOCATIONS: West Chester. ONLINE OPTIONS: Prerequisite online options available only. REQUIREMENTS FOR ADMISSION: Submit online application and copy of undergraduate transcripts, resume, essay and letter of recommendation. Must submit either a GMAT or GRE score.

CRAIN’S CLEVELAND BUSINESS

WWW.CRAINSCLEVELAND.COM

for well-rounded students from a variety of backgrounds, with diverse life experiences. The application process requires submitting an application fee, academic transcript, GMAT or GRE score, two letters of recommendation, resume and two essays. SCHOLARSHIP/FINANCIAL AID AVAILABLE: For the full-time MBA program, Fisher provides merit-based funding consisting of scholarships, fellowships, graduate assistantships and housing awards. GENERAL TUITION/FEE INFORMATION: For Ohio residents, full-time MBA, 2014-2015 academic year tuition and fees, $30,555; working professional MBA, 2014-2015 academic year tuition and fees, $32,171; and executive MBA, tuition and fees for full program, $94,500 for those starting in 2014.

SIZE OF MBA PROGRAMS: Full-time MBA, 232; working professional MBA, 299; and executive MBA, 32.

OHIO UNIVERSITY COLLEGE OF BUSINESS ATHENS 740-593-2028 MBA@OHIO.EDU TYPES OF MBAS AVAILABLE: Professional MBA; online MBA with concentrations in finance, health care and executive management; and full-time on-campus MBA. MBA PROGRAM HIGHLIGHTS: The professional MBA is a part-time MBA program designed to meet the needs of emerging business leaders, nonmanagers moving into managerial roles and individuals whose careers are in transition. A class and residen-

cy schedule that recognizes the multiple demands of working professionals allows the student to remain fully employed while earning an MBA degree in 20 months. Most of the program is offered online through virtual classes and online modules with one in-person Saturday residency each month, which is offered in Columbus and Cleveland. The online MBA allows students to complete their degrees in two years with the same academic requirements as those taking the professional MBA degree, and they can acquire a specialization in finance, health care and executive management. In addition to the online courses, the program includes one mandatory and two optional on-campus professional development workshops. The full-time MBA is a one-year program designed for students with zero to three years of professional experience who have a strong desire to pursue leadership po-

sitions in the business world. Program focus is on building strong business capability in high performing team culture with acute focus on leadership development. CLASS LOCATION: The professional MBA requires once-a-month Saturday residencies offered in Columbus and Cleveland; full-time MBA is held on Ohio University’s main campus. ONLINE OPTIONS: For the online MBA, the entire program is offered online, with the exception of one weekend workshop. For the professional MBA, 80% of the program is offered online through virtual classes and online modules. REQUIREMENTS FOR ADMISSION: The professional and online MBA programs require three or more years of professional experience; a personal/professional statement; resume; three recommendation letters;

“With classes only two Saturdays

GET YOUR MBA. KEEP YOUR LIFESTYLE.

a month, I get an interactive classroom experience, while being able to work around my family and professional commitments and schedules.” - Saturday MBA Student

Earn a fully accredited MBA from The University of Akron in just two years by attending class every other Saturday at UA Lakewood!

SCHOLARSHIP/FINANCIAL AID AVAILABLE: Student loans. GENERAL TUITION/FEE INFORMATION: $825 per credit hour. SIZE OF MBA PROGRAMS: Approximately 115.

OHIO STATE UNIVERSITY FISHER COLLEGE OF BUSINESS COLUMBUS 614-292-8511 MBA@FISHER.OSU.EDU TYPES OF MBAS AVAILABLE: Full-time MBA; working professional MBA; and executive MBA. MBA PROGRAM HIGHLIGHTS: Nationally ranked and accredited; flexible and action-based curriculum; distinguished faculty; small class sizes; close partnerships with local, regional and global business communities; and strong alumni network.

The Saturday MBA program is designed for the working professional. •

Two years (six semesters) to graduation.

•

Cohort format – students start and graduate together

•

Experienced faculty

•

Team-building experiences

•

Great networking opportunities

The University of Akron has the highest-ranked part-time MBA program at a public university in Northeast Ohio, according to the 2013 Bloomberg Businessweek rankings of part-time MBA programs.

CLASS LOCATIONS: Main campus. ONLINE OPTIONS: None. REQUIREMENTS FOR ADMISSION: The Fisher College of Business looks

For more information contact Nichole Lee at 216-221-1141 or visit lakewood.uakron.edu UA Lakewood is located on the ﬁrst ﬂoor of the historic Bailey Building at 14725 Detroit Ave. in the heart of Downtown Lakewood.

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and a 3.0 cumulative undergraduate GPA. The full-time MBA requires zero to three years of professional experience; a personal/professional statement, resume, three recommendation letters, 3.0 cumulative undergraduate GPA; and a GRE/GMAT score. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Students for the professional MBA and online MBA only are eligible for student loans. Many students also receive employer reimbursement. Graduate assistantships and stipends are available for the full-time MBA. GENERAL TUITION/FEE INFORMATION: Total cost, professional MBA, $32,000; total cost, online MBA, $34,000; total cost, full-time MBA, $21,000. SIZE OF MBA PROGRAMS: Professional MBA, 30 students per cohort, 130 students currently enrolled. Online MBA, 340; full-time MBA 30.

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EMPOWERING YOU TO MAKE THE RIGHT BUSINESS CONNECTIONS For 40 years, the Boler Part-time MBA has connected generations of students with engaged faculty, successful alumni, and the Greater Cleveland business community in unique and powerful ways. It's where academic knowledge and strategic business experience come together to develop great leaders.

Learn more and apply at go.jcu.edu/mba

TYPES OF MBAS AVAILABLE: The University of Toledo offers a selfpaced professional MBA that is delivered with a combination of weeknight and online classes, and a 12-month executive MBA that takes place on campus once per month with the rest of the program delivered online. The professional MBA program has 10 areas of concentration, including marketing, leadership, finance and health care systems management, among others. MBA PROGRAM HIGHLIGHTS: The executive MBA is provided as a 12month program with a blend of online and once-a-month on-campus classes. The professional MBA program can be taken over 50% online, which allows students the opportunity to complete the program from a distance, including from the Cleveland area. CLASS LOCATION: Main campus. ONLINE OPTIONS: Over 50% of the professional MBA can be completed online, and students have the choice whether to take most courses in person or online. REQUIREMENTS FOR ADMISSION: Both the professional and executive MBA programs require a bachelor’s degree, three letters of recommendation and GMAT scores. The GMAT may be waived for accomplished EMBA applicants who have significant, relevant and progressive work experience and responsibilities. The professional MBA program admits three times per year (August, January and May), and the EMBA program admits in the fall term only. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Scholarships are available for the professional MBA, and the size of the scholarships are dependent on merit (work experience, GPA, GMAT scores, fit with program), and they can range from a modest tuition award to full tuition. GENERAL TUITION/FEE INFORMATION: The professional MBA program is priced on a per-credit basis ($527/credit hour). The total cost of the professional MBA program depends on the student’s educational background as well as the number of classes a student takes. The EMBA is an all-inclusive fee of $42,500, which includes tuition, fees, meals on class weekends and the international study trip. SIZE OF MBA PROGRAMS: The professional MBA program enrolls approximately 300 students; all core classes

have a maximum enrollment of 40 students, and elective classes typically enroll 15 to 20 students. The executive MBA program accommodates about 25 people per cohort.

YOUNGSTOWN STATE UNIVERSITY WILLIAMSON COLLEGE OF BUSINESS ADMINISTRATION YOUNGSTOWN 330-941-3069 OR 330-941-3524 MBA@YSU.EDU TYPES OF MBAS AVAILABLE: The Williamson MBA Program is offered on the YSU campus, online and beginning in January 2015, on Saturdays on the campus of Lorain County Community College. MBA PROGRAM HIGHLIGHTS: Program is AACSB-accredited. New program design is for working professionals. It is structured around a core set of capabilities that position the student to become a stronger leader, decision maker, manager and strategic thinker. Strong emphasis on applied learning. All MBA students complete 39 semester hours, including six hours of electives. Most courses are two credit hours and are delivered over an eight-week session in a business-friendly concentrated format one evening a week. One-credit hour courses are offered in a compressed format. Program can be completed in two years. New admission criteria have been developed that value the importance of work experience. Those with appropriate professional work experience may be eligible for a GMAT/GRE waiver. CLASS LOCATIONS: Main campus. Beginning in January 2015, the program also will be offered on the campus of Lorain County Community College, where Saturday classes will be held in the University Center. ONLINE OPTIONS: The entire program can be completed online. REQUIREMENTS FOR ADMISSION: Application for graduate admission; a letter of application stating professional goals and objectives; a resume detailing full-time, professional work experience; an official transcript from each college or institution attended; GMAT or GRE score, and TOEFEL score (international applicants only). Applicants to the MBA program may apply for a waiver for the GMAT/GRE requirement based on a sufficient combination of years of relevant, fulltime, managerial and/or professional work experience and bachelor’s degree GPA. GMAT/GRE not required for those with a terminal degree (PhD, MD or JD) in any discipline, or a master’s degree from a regionally accredited U.S. college or university. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Graduate assistantships are available for full-time MBA students. Assistantships include a 24credit hour tuition waiver and a $7,500 stipend per academic year. Graduate assistants work in one of the business college’s academic departments or centers. Scholarships and grants-in-aid are available to a limited number of graduate students for a maximum of four semester hours per term. Eligible students must have completed at least nine hours of YSU graduate coursework with a minimum of a 3.6 GPA or six hours of YSU graduate coursework with a 4.0 GPA. GENERAL TUITION/FEE INFORMATION: In-state, $476.43; affordable tuition advantage, $486.43; out-of-state, $754.63. SIZE OF MBA PROGRAMS: 140.

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PRIVATE ASHLAND UNIVERSITY ASHLAND 419-289-5214 OR 888-MBA-CLAS MBA@ASHLAND.EDU TYPES OF MBAS AVAILABLE: Executive management and specializations in accounting, entrepreneurship finance, global management, human resource management, project management, supply chain management, management information systems and a sports management concentration. MBA PROGRAM HIGHLIGHTS: High quality in national and regionally accredited programs (Accreditation Council for Business Schools and Programs and North Central Association of Colleges and Schools); professors who possess excellent academic credentials and have business experience; flexibility and convenience; four teaching delivery methods — one evening per week for 12 weeks, six alternate Saturdays, hybrid online and online program. CLASS LOCATIONS: Ashland main campus; Columbus Center in Columbus; Westlake Center (Corporate College) in Westlake; Medina Center in Medina; and Stark Center in North Canton at Stark State College. ONLINE OPTIONS: All online and hybrid online. REQUIREMENTS FOR ADMISSION: A bachelor’s degree from an accredited institution; a cumulative undergraduate GPA of 2.75 or higher; two years of full-time work experience; and a selfassessment of personal managerial competencies. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Graduate students are eligible to receive Stafford loans unless they are in default on a previously received federal loan or have reached their aggregate loan limit of $138,500. Corporate reimbursement and tuition management systems payment plan also are available. GENERAL TUITION/FEE INFORMATION: $632 per credit hour for 2014-15 academic year (36 hours required for MBA degree) Size of MBA program: 550 students

BALDWIN WALLACE UNIVERSITY BEREA 440-826-2392

CRAIN’S CLEVELAND BUSINESS

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GRADUATE@BW.EDU TYPES OF MBAS AVAILABLE: BW offers an MBA in management, an online hybrid MBA in management, an executive MBA and MBAs in accounting, health care, entrepreneurship, human resources and sustainability. The EMBA and health care MBA have Friday and Saturday classes. The hybrid MBA holds on-campus classes only three weekends a year. All other programs hold Monday through Thursday classes. MBA PROGRAM HIGHLIGHTS: The large majority of MBA students are working professionals who have two to 30 years of professional work experience and are pursuing the MBA part time. The faculty members are an intentionally designed portfolio of fulltime PhDs blended with executive business leaders, many of whom have held the position of CEO, COO, CFO or senior vice president in their careers. The BW MBA program is one of the largest MBA programs in Ohio and has graduates living around the world. CLASS LOCATIONS: Main campus in Berea and at Corporate College East in Warrensville Heights. The executive MBA is offered only at the main campus. Three-fourths of the coursework for the hybrid MBA is done online, and classes meet three weekends a year in Berea. ONLINE OPTIONS: The management hybrid MBA is a two-year program with approximately 75% delivered online and 25% seated. The seated component is conducted during weekends at the start and completion of each semester. Students have seven weekends of classes at the Berea campus during the two-year program. According to the school, U.S. News & World Report ranks the hybrid MBA as the top online graduate program in Ohio and one of the best in the country for military veterans. REQUIREMENTS FOR ADMISSION: Candidates need to submit an online application form, a resume, official transcripts from all previous academic work, two letters of reference and supply an acceptable GMAT score (unless the candidate has a 3.0 or higher GPA, has taken the GRE or has another advanced degree from an accredited institution). Some programs also require an advising session with the program director.

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SCHOLARSHIP/FINANCIAL AID AVAILABLE: MBA students are eligible for consideration for Federal Stafford loans (up to $20,500 per academic year), which can cover up to 100% of the program’s costs, and for Direct Graduate/Profession PLUS Loans. GENERAL TUITION/FEE INFORMATION: All MBA programs have a tuition rate of $895 per credit hour. The EMBA is $13,184 per semester, which includes tuition, books and meals. SIZE OF MBA PROGRAM: 450 students.

BLUFFTON UNIVERSITY BLUFFTON 800-488-3257, OPTION 4 ADULTED@BLUFFTON.EDU TYPES OF MBAS AVAILABLE: Bluffton graduate students can complete an MBA with a concentration in accounting and financial management, health care management, leadership, production and operations management or sports management in two years, attending class one evening a week. MBA PROGRAM HIGHLIGHTS: Students complete the degree program in cohorts of 15 to 20 students. Courses emphasize interactive, experiential learning rather than the tradi-

tional lecture. ONLINE OPTIONS: In collaboration with Eastern Mennonite University and Goshen College, Bluffton offers an online two-year MBA with multiple concentration options available. Program includes two one-week residencies. CLASS LOCATIONS: Bluffton campus; Edison Community College, Piqua; and Northwest State Community College, Archbold. REQUIREMENTS FOR ADMISSION: Bachelor’s degree from a regionally accredited institution; a 3.0 GPA in the last half of the bachelor’s degree program; four years of professional experience in the for-profit, nonprofit or private sector; satisfactory completion of writing and math tests; completed online application materials; letters of recommendation; interview with a faculty member; and approval for admission by the graduate programs in business committee. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Students are eligible to apply for William D. Ford Federal Direct Loan programs. Federal direct loans are guaranteed low-interest loans for students attending school at least half time. Students are eligible to borrow a maximum of $20,500 per year. GENERAL TUITION/FEE INFORMATION: Tuition for 2014-15 is $4,725 per semester, bringing the

total to $21,420, which includes books, materials and technology fees. Online MBA costs $26,964, which includes tuition, books, fees, residency expense (travel expense not included). SIZE OF MBA PROGRAM: About 100 students

CASE WESTERN RESERVE UNIVERSITY WEATHERHEAD SCHOOL OF MANAGEMENT CLEVELAND 216-368-6702 WEATHERHEAD@CASE.EDU WSOMADMISSIONS@CASE.EDU TYPES OF MBAS AVAILABLE: Fulltime MBA, executive MBA, part-time MBA and global MBA. MBA PROGRAM HIGHLIGHTS: The full-time MBA’s small class sizes provide one-on-one interaction with academic leaders and industry leaders. The full-time MBA is a four-semester, 60-credit program tailored to meet the students’ needs. In partnership with faculty and staff, students create a personalized learning plan, choosing electives to complement core curriculum for an integrated, yet focused MBA. The EMBA requires 16 total visits to campus, and it is designed to be manageable for busy executives, allowing students from around the world to participate. The curriculum is delivered over five semesters, or 21

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months. Both fall and spring semesters are comprised of four, three-day visits. The summer semester is delivered abroad through the 10-day International Study Experience. The parttime MBA is carefully structured for maximum impact in a course of study designed for busy, ambitious professionals. Offering the same challenging graduate education as the full-time program, the part-time MBA is a cohort-based program specially designed to accommodate working people. Students begin the program in the summer semester with Weatherhead’s Leadership Assessment and Development course. During the course, students are placed in teams set up to include a diversity of learning styles, and they move through the three-year part-time MBA curriculum with the same group of peers. The Weatherhead part-time MBA is a 48-credit hour, three-year program, emphasizing innovative core course pairings and elective options tailored to meet individual interests. The new global MBA program brings students from China, India and the United States together in a two-year, full-time program. This program is a unique partnership between Tongji University’s School of Economics and Management (SEM-Tongji) in Shanghai, China; and Xavier School of Management in Jamshedpur, India. Each cohort will be comprised of students from Weatherhead, SEM-Tongji and Xavier School of

Management. These students will be taught together in lockstep and mixed in teams for projects. Students will spend one semester at each school before returning to their home school for the final semester. CLASS LOCATIONS: Cleveland, China and India. ONLINE OPTIONS: None. General tuition/fee information: EMBA is $98,000, including books, meals and parking; part-time MBA is $89,760. A tuition match grant is available to organizations that invest in employees, up to $5,000 per academic year. The full-time MBA is $89,880, and the global MBA is $96,000. SCHOLARSHIP OPPORTUNITIES: Merit-based scholarship awards and fellowships (select fellowships include internships and/or stipends) are available for full-time MBA programs, including the global MBA. The program participates in the military’s Yellow Ribbon program. Housing is covered while traveling abroad for the global MBA. A tuition-match grant of up to $5,000 per academic year is available for working professionals whose organizations provide MBA educational benefits to its employees. SIZE OF MBA PROGRAM: Full-time MBA, about 57 students; global MBA,15; EMBA, 22; part-time MBA, 37.

WWW.CRAINSCLEVELAND.COM

CEDARVILLE UNIVERSITY SCHOOL OF BUSINESS ADMINISTRATION CEDARVILLE 800-CEDARVILLE ADMISS@CEDARVILLE.EDU OR GRADADMISSIONS@CEDARVILLE.EDU TYPES OF MBAS AVAILABLE: MBA; MBA with operations management concentration; and Pharm D (pharmacy) available. MBA PROGRAM HIGHLIGHTS: This online-only program is affordable and enables part-time completion in two years, making it convenient for business professionals. CLASS LOCATIONS: Online only. Online options available: Yes. Requirements for admission: N/A Scholarship/financial aid available: Federal financial aid is available for degree-seeking students. GENERAL TUITION/FEE INFORMATION: $572 per credit hour. Total program estimate including textbooks is approximately $21,500. SIZE OF MBA PROGRAM: 35 students per class.

DEFIANCE COLLEGE DEFIANCE 419-783-2531 OR 419-783-2565 GRADSTUDIES@DEFIANCE.EDU

AUGUST 25 - 31, 2014

TYPES OF MBAS AVAILABLE: Leadership or sports management. The MBA program offers courses that are flexible and offered during evenings. Most classes meet in an every-otherweek format for eight sessions. Some courses are online and some are in a hybrid manner. MBA PROGRAM HIGHLIGHTS: The MBA degree seeks to provide graduates with a set of skills and abilities with broad applicability to the workplace. The entire program has been developed to create a curriculum where business and business-related subjects are taught under the assumption that the student’s own workplace would become the laboratory where theory converts to practice. The curriculum consists of nine core courses or 27 semester hours. CLASS LOCATIONS: Main campus. ONLINE OPTIONS: Some courses are available online. REQUIREMENTS FOR ADMISSION: Completed admission application; a bachelor’s degree from an accredited institution; minimum undergraduate GPA of 2.575 (if the applicant’s undergraduate GPA is less than 2.75, submit GMAT scores, within the last five years; official transcripts of all college level work; two letters of recommendation (one attesting to the applicant’s academic competence and the other to the applicant’s ability to work with people and demonstrate appropriate interpersonal and social skills); goal statement; and $25 application fee. Scholarship/financial aid available: Defiance College participates in federal and private student loan programs as well as Veterans Administration programs. GENERAL TUITION/FEE INFORMATION: $504 per credit hour plus fees SIZE OF MBA PROGRAM: N/A

UNIVERSITY OF DAYTON SCHOOL OF BUSINESS ADMINISTRATION DAYTON 937-229-3733 MBA@UDAYTON.EDU TYPES OF MBAS AVAILABLE: Whether a student is enrolled full-time for one year or part-time for three years, the University of Dayton helps customize the program. The University of Dayton also offers a joint, JD/MBA degree, as well as post-master’s and certificate programs. Concentrations and certificates are available in accounting, cybersecurity, finance and marketing. MBA PROGRAM HIGHLIGHTS: An executive-in-residence component ensuring the connection between theory and practice. A strong ethics foundation reflecting the University of Dayton’s Marianist roots with our unique course “The Principled Organization: Integrating Faith, Ethics and Work.” The program culminates in a capstone course where students work in teams to apply skills, course theory and professional experience by creating a strategic plan for a local organization. CLASS LOCATIONS: Main campus as well as the 1700 Building at River Campus (former NCR world headquarters). Cybersecurity courses are held at Riverside Research in Beavercreek. Online options: The entire 30-hour program is available online. REQUIREMENTS FOR ADMISSION: Applicants to the MBA program should submit the following information in addition to the online application: Official academic records must be submitted directly from the college or university; a personal statement is encouraged;

résumé; and official GMAT scores (expected minimum score of 500, with a verbal score of 19) or official GRE scores (expected minimum verbal score of 149 and quantitative score of 146). Letters of recommendation from professor or employers are not required, but will be accepted if submitted. (International students must submit official scores from the TOEFL.) GENERAL TUITION/FEE INFORMATION: $923 per semester hour. SCHOLARSHIP/FINANCIAL AID AVAILABLE: The University of Dayton has a number of sources of financial aid, including graduate assistantships and loans. The school has a 10-month deferred payment plan. Students who receive reimbursement from their employers after courses and grades are complete can opt to defer payment for tuition charges for six weeks after classes are completed. Many employers have tuition policies to cover all or most of the cost of the MBA. For complete information, visit the Office of Scholarships and Financial Aid at http://finaid.udayton.edu/. SIZE OF MBA PROGRAM: N/A

UNIVERSITY OF FINDLAY FINDLAY COLLEGE OF BUSINESS 800-558-9060 GRADINFO@FINDLAY.EDU TYPES OF MBAS AVAILABLE: The university offers day, evening and online courses for full-time and part-time students. Students may choose to focus in a number of areas: certified management accountant or certified public accountant, business administration, health care management and hospitality management. The university also offers specialized second concentrations in finance, human resource management, international business and marketing. MBA PROGRAM HIGHLIGHTS: All primary textbooks for MBA classes are free through the school’s book rental program, and the program may be completed in one year as a full-time student. For those who are working, real-world class projects can be tailored to benefit students in their current job. CLASS LOCATIONS: Main campus ONLINE OPTIONS: The entire program may be completed online. REQUIREMENTS FOR ADMISSION: Bachelor’s degree from an accredited university; an undergraduate GPA of 2.5; and fulfillment of prerequisite competencies. For international students, an applicant must have achieved a verified TOEFL Internetbased test (iBT) minimum total score of 79 with 20 or better in speaking and 20 or better in writing or a verified international English Language Testing System (IELTS) academic score with a minimum overall band score of 6.5 (with no individual band score below a 6.5). SCHOLARSHIP/FINANCIAL AID AVAILABLE: The university does not offer scholarships for graduate programs, though some external organizations do make them available. The university offers free textbook rental. GENERAL TUITION/FEE INFORMATION: $590 per semester hour. Other fees may apply. SIZE OF MBA PROGRAM: 235 students

FRANCISCAN UNIVERSITY OF STEUBENVILLE STEUBENVILLE 740-284-5249 (ENROLLMENT

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QUESTIONS) OR 740-283-6281 (PROGRAM SPECIFICS) GRADADMISSIONS@FRANCISCAN.EDU TYPES OF MBAS AVAILABLE: Franciscan University of Steubenville’s MBA is a general management degree with an optional area of concentration in accounting. The MBA offered through the school can be completed online or through a part-time evening program, with two workshop-style courses that meet three weekends throughout the term. The program is offered in trimesters, and it typically takes two years to complete. MBA PROGRAM HIGHLIGHTS: The MBA program requires coursework in managerial leadership, managerial communications and international business. It also is designed to meet the needs of working professionals because almost all courses are offered in the evening; the degree also may be pursued on a part-time basis. CLASS LOCATIONS: Main campus ONLINE OPTIONS: New online MBA enables all coursework to be completed online. REQUIREMENTS FOR ADMISSION: For admission into the program, requirements include a completed application; three letters of recommendation; a bachelor’s degree with acceptable grades from an accredited university; minimum GPA of 2.5 or a high GMAT score; and undergraduate work in quantitative methods, including calculus, statistics, accounting, marketing, corporate finance, business law and microeconomics. SCHOLARSHIP/FINANCIAL AID INFORMATION: Students enrolled at least half time (five credit hours) may be eligible to borrow federal direct unsubsidized student loans to assist with the cost of tuition. GENERAL TUITION/FEE INFORMATION: MBA courses are $500 per credit hour. Most courses are three hours. SIZE OF MBA PROGRAM: 57 students, including seven online.

FRANKLIN UNIVERSITY COLUMBUS 614-797-4700 OR 877-341-6300 GRADUATE.ADMISSIONS@FRANKLIN. EDU TYPES OF MBAS AVAILABLE: Accredited by the International Assembly for Collegiate Business Education (IACBE), the Franklin University MBA is designed to help students develop into well-rounded, adaptive and strategicthinking business leaders. The program can be completed in as few as 16 months. Offered completely online, as well as at four Franklin locations, Franklin’s MBA is designed to meet the needs of ambitious working professionals. MBA PROGRAM HIGHLIGHTS: The school said Franklin’s MBA is globally recognized for excellence and is considered a Best Value in Regionally Accredited Online MBAs by GetEducation.com. The MBA features a practical, hands-on curriculum and real-world projects including a global business simulation. Through coursework designed with the input of industry leaders and taught by faculty with real-world expertise, Franklin University’s MBA program provides a theoryto-practice approach that allows students to immediately apply what they learn and make an impact on their career. Classmates who also are working professionals enrich the experience. Applications are accepted year-round and classes start three times annually (September, February

CRAIN’S CLEVELAND BUSINESS

WWW.CRAINSCLEVELAND.COM

and May). CLASS LOCATIONS: Main campus (downtown Columbus), Delaware, Dublin and Beavercreek ONLINE OPTIONS: The MBA can be completed entirely online, onsite at one of Franklin’s locations or through a combination of the two formats. REQUIREMENTS FOR ADMISSION: Bachelor’s degree from a regionally accredited institution with a 2.75 GPA. The candidate’s work history, references and other personal qualities and characteristics will be considered. For applicants with a GPA below 2.75 on a 4.0 scale, an evaluation of the GMAT is required. For non-U.S. citizens or those who did not earn their undergraduate degree in a primarily Englishspeaking country, a TOEFL score of at least 550 (paper-based), 213 (computer-based) or 79 (internet-based) or a IELTS score of 6.5 is required. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Contact the financial aid office. GENERAL TUITION/FEE INFORMATION: $625 per credit hour, plus $30 application fee. SIZE OF MBA PROGRAM: 781 students (in 2013-2014)

HEIDELBERG UNIVERSITY

Accredited, Ranked, Affordable Kent State’s MBA programs are fully accredited, affordable and offered at convenient locations in Northeast Ohio. Ê Ê

UÊ Full-time MBA UÊ Part-time MBA UÊ Executive MBA for corporate professionals U Executive EMBA for healthcare professionals UÊ Dual-degree MBA programs with architecture, translation, nursing, communication studies and library and information science

Find out more at kent.edu/business/grad. BEST

COLLEGES BUSINESS PROGRAMS

TIFFIN 419-893-1986 AUNDERWO@HEIDELBERG.EDU, ALLEN UNDERWOOD TYPES OF MBAS AVAILABLE: General management. MBA PROGRAM HIGHLIGHTS: The Heidelberg University MBA program says it delivers the faculty quality one will find at larger schools, with the personal attention expected from a smaller school. Seated courses provide a strong environment for interaction between students and professors and help develop the communication and leadership skills that employers demand. The capstone course, field study, allows students to work on an actual consulting project with a real client. The program can be completed part time over two years, or full time within 12 months. Heidelberg University’s MBA program is a candidate for ACBSP accreditation.

2014

From Kent, The World. Kent State University, Kent State and KSU are registered trademarks and may not be used without permission. Kent State University is committed to attaining excellence through the recruitment and retention of a diverse student body and workforce. 14-1389

AND

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CLASS LOCATION: Tiffin campus. ONLINE OPTIONS: None. REQUIREMENTS FOR ADMISSION: Admission primarily is based on professional experience. No GMAT is required. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Professionals who manage in nonprofit organizations are highly encouraged to participate in the MBA program. To help serve those who serve the needs of our communities, Heidelberg University offers a 25% tuition discount to qualified employees of organizations registered under IRS Code 501(c)(3). A full graduate assistantship is available to one MBA student. The graduate assistant will receive tuition remission for up to 12 hours of graduate credit per semester and up to a maximum of 39 graduate credits. A partial graduate assistantship is available to one MBA student. The graduate assistant will receive tuition remission for up to six hours of graduate credit per semester and up to a maximum of 21 graduate credits. Scholarships are available to academically qualified, full-time students. ACADEMIC REQUIREMENTS AND LEVEL OF SCHOLARSHIP ARE AS FOLLOWS: $2,000 for an undergraduate GPA of 3.5 to 3.74; $4,000 for a GPA of 3.75 to 3.90; and $6,000 for

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AUGUST 25 - 31, 2014

a GPA of 3.91 or higher.

The MBA is coming to LCCC

Starting Spring 2015 Interested in learning more? mba@ysu.edu 330-941-3069

Designed for Working Professionals Courses meet alternate Saturdays.

Time to Completion Complete the 39 credit hour program in less than 2 years.

Admission Criteria for Working Professionals GMAT may no longer be required for admission (based on full-time professional business experience).

GENERAL TUITION/FEE INFORMATION: $750 per credit hour. SIZE OF MBA PROGRAM: 25 students.

INDIANA WESLEYAN UNIVERSITY INDEPENDENCE 800-621-8667 EXT. 6207 TYPES OF MBAS AVAILABLE: Health care administration (online only); MBA/master of science in nursing dual degree (online only); virtual delivery in executive management (online only); virtual delivery in international business (online only). All programs are offered with an accelerated yet flexible schedule. Students complete one course at a time in sequential order — either one night per week at one of the local education centers (Independence or Mayfield Heights), or in an online format. MBA PROGRAM HIGHLIGHTS: The university pioneered accelerated programs for adults in 1985 and now is recognized as a model for adult education with more than 60,000 adult graduates across almost 30 years. The school first offered its MBA program in the online format in 1996. Its small class sizes maximize learning experience and interaction and have a motivated student population with average ages of 30 to 45.

Professional Focus Become a better leader, decision maker, manager, and strategic thinker.

CLASS LOCATIONS: Independence and Mayfield Heights ONLINE OPTIONS: Online classes are available in all programs. If a student chooses the online program, the entire degree can be completed in the collaborative distance-learning format.

P A R K E R MBA PROGRAM Earn your MBA in as few as 11 months )OH[LEOH HYHQLQJ DQG 6DWXUGD\ FRXUVHV +HDOWKFDUH $GPLQLVWUDWLRQ &RQFHQWUDWLRQ DYDLODEOH (DV\ DSSOLFDWLRQ SURFHVV

App y Now!

lec.edu

REQUIREMENTS FOR ADMISSION: Baccalaureate or graduate degree from a college or university accredited by a regional accrediting body; an undergraduate GPA of 2.5 or higher from the baccalaureate degree granting institution at which at least a minimum of 30 hours was completed (if above the 2.5 GPA, no GMAT or GRE is required). If an applicant’s GPA is below 2.5, the student may be admitted on a probationary basis, as established by the School of Business and Leadership. A minimum of two years of significant full-time work experience (30-plus hours/week is considered fulltime). SCHOLARSHIP/FINANCIAL AID AVAILABLE: Payment options may include federal and/or state financial aid; company-sponsored tuition reimbursement on a deferred payment option; company direct-bill; self-pay; military benefits. GENERAL TUITION/FEE INFORMATION: MBA onsite is $515 per credit hour, with 42 credit hours total. Total program tuition of $25,280 includes tuition, books and fees. MBA online is $547 per credit hour, with 42 credit hours total. Total program tuition is $26,624, including tuition, books and fees. SIZE OF MBA PROGRAM: 1,662 MBA students, all locations and online as of July 2014; 876 onsite MBA students across all IWU education centers as of July; and 786 online MBA students across all of IWU as of July.

JOHN CARROLL UNIVERSITY UNIVERSITY HEIGHTS BOLER SCHOOL OF BUSINESS 216-397-1970 GRADBUSINESS@JCU.EDU

3 9 1 W e s t Wa s h i n g t o n S t re e t , P a i n e s v i l l e , O h i o 4 4 0 7 7

1 . 8 5 5 . G O . S TO R M

TYPES OF MBAS AVAILABLE: John Carroll offers the part-time MBA for working professionals with at least two

years of work experience, and the Boler fifth-year MBA is open to recent undergraduates. MBA PROGRAM HIGHLIGHTS: The part-time MBA allows students to take courses that integrate business tools and concepts to solve real-world business problems posed from Northeast Ohio-based companies. The fifth-year MBA allows any student to obtain an MBA in one year if they have taken prerequisite business courses. Students are required to complete an internship as part of the fifth-year MBA program. CLASS LOCATIONS: Most courses are taught on the main campus in addition to on-site visits to Northeast Ohio businesses. ONLINE OPTIONS: Several of the foundation courses are offered online. REQUIREMENTS FOR ADMISSION: Official transcripts from all colleges attended, GMAT or GRE scores, a resume, a letter of recommendation and a personal essay. International students also are required to submit TOEFL scores. A minimum undergraduate GPA of 2.8 and GMAT score of 500 is required for consideration for admission. The undergraduate GPA and GMAT scores for admitted students typically average 3.3 and 540, respectively. SCHOLARSHIP/FINANCIAL AID AVAILABLE: The school offers merit scholarships, federal loans and graduate assistantships (tuition remission and monthly stipend). GENERAL TUITION/FEE INFORMATION: $855 per credit hour. SIZE OF MBA PROGRAM: N/A

LAKE ERIE COLLEGE PAINESVILLE 440-375-7075 DBARES@LEC.EDU, DONNA BARES TYPES OF MBAS AVAILABLE: Lake Erie’s most popular option, the evening MBA, allows students to take anywhere from one to four classes per semester, with each class meeting one evening per week. Students are able to create their own schedule, with complete flexibility each semester. Most students complete the program in roughly two years. Evening students also have the option of including accelerated Saturday classes. The accelerated MBA allows students to complete their MBA in as few as 11 months. The concentration in health care administration prepares students for staff, managerial and leadership roles in the health care industry. MBA PROGRAM HIGHLIGHTS: The Lake Erie College Parker MBA is designed to provide a graduate business education that is practical and real-world focused, enabling students from a wide variety of backgrounds to develop managerial and professional competencies. No prior business courses are required. Additionally, the Lake Erie College Parker MBA program has a “lifelong learning guarantee” that allows MBA graduates to come back and take additional courses for the rest of their lives, free of charge. This provides graduates with an opportunity for ongoing professional development. CLASS LOCATIONS: The Holden University Center of Lakeland Community College. Additionally, Lake Erie College also has developed an in-residence MBA program that can be customized for employers. ONLINE OPTIONS: Several optional online courses are offered. REQUIREMENTS FOR ADMISSION: Online application completion, official undergraduate transcripts, resume

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and writing samples. GMAT is typically not required. Students may begin fall, spring or summer semesters with midsemester starts available as well. SCHOLARSHIP/FINANCIAL AID AVAILABLE: The Stafford Loan is available for graduate students for up to $20,500 per academic year. GENERAL TUITION/FEE INFORMATION: Tuition and fees are $661 per credit hour. With 36 credit hours required for completion, the total program cost is $23,796. SIZE OF MBA PROGRAM: 150 students.

LOURDES UNIVERSITY COLLEGE OF BUSINESS & LEADERSHIP SYLVANIA 419-517.8929 MBA@LOURDES.EDU TYPES OF MBAS AVAILABLE: General MBA degree in a full-time, 12month or part-time, 24-month option. MBA PROGRAM HIGHLIGHTS: The Lourdes University MBA program expanded its offerings through adding elective courses in the following content areas: health care administration, accounting and finance, supply chain management and social entrepreneurship. The program’s personalized approach toward students extends with the graduate-level career services program, Career Trek, from extensive job search and interview preparation to career networking opportunities. Its intentionally recruited faculty members bring to the classroom their real-life experiences serving as senior corporate executives at Fortune 500 companies to successfully launching entrepreneurial ventures. International and professional immersion courses allow candidates the opportunity to put into practice through real-life experiences knowledge gained throughout the program. MBA candidates have the opportunity to meet with business leaders in major global cities, including Johannesburg, Shanghai and Sao Paulo. CLASS LOCATION: Main campus. ONLINE OPTIONS: None available. REQUIREMENTS FOR ADMISSION: Any earned bachelor degree from an accredited university or college is required. In addition, applicants must have 60 credit hours, with a grade of C (2.0) or better, of undergraduate business coursework to have all of the MBA foundational content courses waived. Admitted applicants with fewer

WWW.CRAINSCLEVELAND.COM

than 60 credit hours, with a grade of C (2.0) or better, of undergraduate business coursework (or the equivalent) must take the MBA foundational content courses at the graduate level. The MBA program will not accept credit for equivalent classes taken at the undergraduate level once an applicant has been admitted. Applicants must also complete the Graduate Management Admissions Test (GMAT) and submit scores from the test taken within the last five years. An overall score of 470 or greater is preferred. A minimum 2.75 cumulative undergraduate GPA also is required. Applicants must submit the completed application, a current resume, a statement of purpose, three letters of recommendation and all official college transcripts. SCHOLARSHIP/FINANCIAL AID AVAILABLE: A limited number of graduate assistantships, scholarships and graduate housing stipends are competitively awarded for full-time students. GENERAL TUITION/FEE INFORMATION: Tuition is $850 per semester hour. Tuition locks in when a student enrolls. The program tuition is $30,600, if all foundational courses are waived, but may increase up to $45,900 if all of the foundational courses are required. The MBA program includes in the cost of tuition all textbooks, iPad2 and the global immersion trip.

ONLINE OPTION: The online program can be finished in 20 months, in one semester with 12 credit hours and four semesters with six credit hours. The tuition is the same as the classroom version (plus $145 technology/materials fee per course). REQUIREMENTS FOR REGULAR ADMISSION: A bachelor’s degree from a regionally accredited institution is required with a minimum cumulative GPA of 3.0; a completed graduate school application; and submission of two professional references. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Maximum loans available are $20,500 per year or up to the federal budget. Malone also is a military-friendly school; a veteran can apply his or her Veterans Affairs Yellow Ribbon grant toward the MBA. GENERAL TUITION/FEE INFORMATION: MBA advance registration deposit of $150. Tuition for the 2014-2015 MBA Program is $625 per semester hour. SIZE OF MBA PROGRAM: Approximately 50 new MBA students each year.

MOUNT ST. JOSEPH UNIVERSITY CINCINNATI 513-244-4233 MARY_BRIGHAM@MAIL.MSJ.EDU, MARY BRIGHAM

CRAIN’S CLEVELAND BUSINESS TYPES OF MBAS AVAILABLE: Mount St. Joseph University offers two MBA programs. In the 4+1 MBA for undergraduate students, students complete four courses during their senior year for dual credit, and one additional year of graduate courses. This program is only offered to current undergraduate students, as well as recent alums in certain cases, because it is a program that allows students to earn graduate credit while they are still undergraduates. It is not yet a standalone graduate program offered to other students. The Saturday MBA format is for professionals with several years of experience in the workplace. Courses are taught on Saturday mornings. Degree requirements can be completed in just over two years. MBA PROGRAM HIGHLIGHTS: 4+1 students earn graduate credit while still an undergraduate in this MBA format. Students apply to the program during their junior year, take dual-credit courses their senior year, and the complete their MBA with one additional year of coursework. The Saturday MBA provides a convenient format and accessible faculty for the working professional. CLASS LOCATIONS: Main campus. ONLINE OPTIONS: None available. REQUIREMENTS FOR ADMISSION: An undergraduate cumulative GPA of 3.0 is required along with a completed

graduate admission application; MBA required courses form; two letters of reference; a one-page, typed statement of the applicant’s career goals in the next five years and how an MBA will advance those goals; and an interview with the MBA selection committee. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Undergraduate students can use their fourth-year scholarship eligibility for the first four courses, and graduate eligibility for financial aid for the additional year. GENERAL TUITION/FEE INFORMATION: $625 per semester hour for graduate-level MBA courses. SIZE OF MBA PROGRAM: 50 students.

MOUNT VERNON NAZARENE UNIVERSITY MOUNT VERNON 740-392-6868, EXT. 3323 TYPES OF MBAS AVAILABLE: Concentrations in finance, human resource management, organizational management and health care administration are available. The MBA is a 12course curriculum, which includes nine core courses in accounting, economics, finance, management, marketing ethics, leadership, organizational behavior, legal issues, global business and strategy. The executive MBA of-

SIZE OF MBA PROGRAM: 60 MBA students were enrolled in 2013-14. In 2014-15, more than 80 MBA students are enrolled.

Master of Business Administration MALONE UNIVERSITY MALONE UNIVERSITY SCHOOL OF BUSINESS AND LEADERSHIP CANTON 330-471 8643 DGREGORY@MALONE.EDU, DOUG GREGORY TYPES OF MBAS AVAILABLE: Online or in-classroom MBAs are available. MBA PROGRAM HIGHLIGHTS: The classroom is one night a week for 24 months, with personalized classes of about 15 to 25 students. The format is easy to manage, with one course at a time in five- to eight-week sequences. Malone University’s MBA program is accredited by the Accreditation Council for Business Schools and Programs. CLASS LOCATIONS: Main campus.

It’s time to make an investment in YOU. The practical MBA from Baldwin Wallace University is designed to optimize your career growth and make an immediate impact in your work. Our distinctive MBA programs to assemble all of the tools, insights and information required to leverage your career interests.

According to U.S. News & World Report, BW’s Hybrid MBA is the top-ranked online graduate business program in Ohio and one of the best in the U.S. for military veterans.

• Learn from experienced real-world practitioners and apply your learning to real-world issues. • Build your professional network, not only among your faculty and classmates, but among the more than 6,500 BW MBA alumni who work in and lead the northeast Ohio business community. • Take classes in Berea, at our new east side location, Corporate College East, or in an online format. Call 440-826-2392 for a career consultation and discover how a BW MBA can become a pathway to professional success. Learn more about Baldwin Wallace’s MBA programs at www.bw.edu/mba.

275 Eastland Road Berea, Ohio 44017

Baldwin Wallace University does not discriminate on the basis of race, creed, age, disability, national origin, gender or sexual orientation in the administration of any policies or programs.

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CRAIN’S CLEVELAND BUSINESS

fers an MBA with an organizational management concentration and can be completed in less than a year. MBA PROGRAM HIGHLIGHTS: The MBA is an accelerated program that offers degree completion in 15 months or less. Classes are offered one night a week or online. The tuition is locked in and will not increase as long as students are continuously enrolled. CLASS LOCATION: Main campus, Columbus-New Albany, Mansfield and Newark. ONLINE OPTIONS: The entire program is available online. REQUIREMENTS FOR ADMISSION: A bachelor’s degree is required along with a GPA of 2.8 or above. SCHOLARSHIP/FINANCIAL AID AVAILABLE: The maximum financial aid is $20,500 of unsubsidized loans. Employer tuition reimbursement also is available. GENERAL TUITION/FEE INFORMATION: $498 per credit hour. SIZE OF MBA PROGRAM: 218

OHIO CHRISTIAN UNIVERSITY CIRCLEVILLE 855-OCU-GRAD AGS@OHIOCHRISTIAN.EDU TYPES OF MBAS AVAILABLE: General MBA. MBA PROGRAM HIGHLIGHTS: Students can earn their degree online or by attending class once a week. The program does not require prerequisite courses, allowing those from a variety of backgrounds to earn their MBA. In addition, students get a quality education with courses taught by highly qualified, doctorally prepared faculty. CLASS LOCATIONS: Circleville and Dublin in Ohio, and Morrow, Ga. ONLINE OPTIONS: The entire program can be taken online. REQUIREMENTS FOR ADMISSION: A bachelor’s or graduate degree from a college or university accredited by a regional accrediting body or the Association for Biblical Higher Education; an undergraduate GPA of 2.5 or higher from the baccalaureate degreegranting institution, at which at least a minimum of 30 hours was completed for regular acceptance. Those not meeting the GPA requirement will be considered for provisional acceptance. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Students are eligible for $20,500 in federal loans annually. Ohio Christian also has the following discounts: military, $250 per credit hour (active duty, veterans, spouses and dependents age 23 or younger); pastor, 10% off; senior, 20% off; and varying corporate/church discounts. GENERAL TUITION/FEE INFORMATION: $475 per semester hour. SIZE OF MBA PROGRAM: N/A

OHIO DOMINICAN UNIVERSITY COLUMBUS 614-251-4615 GRAD@OHIODOMINICAN.EDU TYPES OF MBAS AVAILABLE: Ohio Dominican University offers an MBA in three formats: a six-week cohort, an eight-week non-cohort and an online option. The program is available in the following concentrations: accounting, finance, leadership and public administration. A graduate certificate in public administration also is available.

MBA PROGRAM HIGHLIGHTS: The university’s multiple delivery formats allow students to select the program design that works best for them. All 10 core eight-week courses are offered online and in face-to-face settings. CLASS LOCATIONS: Main campus in Columbus and in Dublin. ONLINE OPTIONS: The university’s general MBA, as well as its MBA with a concentration in leadership can be completed online.

WWW.CRAINSCLEVELAND.COM

school expenses, the university offers a deferred payment plan and a fourpart payment plan. GENERAL TUITION/FEE INFORMATION: Tuition is $618 per credit hour (total of $22,248, not including books). The program requires a total of 36 semester credit hours to complete. SIZE OF MBA PROGRAM: 80 students.

TIFFIN UNIVERSITY

REQUIREMENTS FOR ADMISSION: The candidate must have a bachelor’s degree from a regionally accredited institution. A 3.0 cumulative GPA or minimum 2.75 GPA in the last 60 semester hours of bachelor’s degree is required, along with one of the following: a score in the 50th percentile or above on each section of the Graduate Management Admissions Test (GMAT); or completion of course work in all foundation knowledge areas with a grade B or better. Relevant knowledge areas include accounting, finance, economics and statistics. All eligible course work must have been completed at a regionally accredited institution; or at least two years of professional-level experience. Additional requirements include completed graduate application with a $25 fee; official transcripts from all postsecondary institutions attended; minimum 500-word essay; TOEFL score of 550 or equivalent electronic score, if applicable; and three professional/academic letters of recommendation.

TIFFIN 419-448-3510 GRAD@TIFFIN.EDU

SCHOLARSHIP/FINANCIAL AID AVAILABLE: Maximum annual loan amount for unsubsidized is $20,500, depending on enrollment. Aggregate loan limit for graduate students is $138,500, which includes any loans obtained for undergraduate studies.

SCHOLARSHIP/FINANCIAL AID AVAILABLE: A $250 per credit hour discount for Fraternal Order of Police, active military (TU named “Military Friendly”) and Marathon employees. Student loans are available.

GENERAL TUITION/FEE INFORMATION: Tuition in all formats is $566 per credit hour. This does not include any additional fees. SIZE OF MBA PROGRAM: 241 students

OTTERBEIN UNIVERSITY WESTERVILLE 614-823-1212 OR 614-823-1095 GRAD@OTTERBEIN.EDU TYPES OF MBAS AVAILABLE: Otterbein University is able to tailor various concentrations based on a student’s needs. MBA PROGRAM HIGHLIGHTS: The MBA can be completed full-time in two years, or part time. The program also offers accelerated scheduling that allows students to complete a degree sooner without sacrificing quality or content. Program highlights are small classes, rolling admission in fall and spring and flexible scheduling. The unique capstone project provides an opportunity to collaborate with peers on a real-world consulting project for area businesses or nonprofits. CLASS LOCATIONS: Main campus in Westerville. Some are offered in a blended format. ONLINE OPTIONS: Some are offered in the hybrid format. REQUIREMENTS FOR ADMISSION: A four-year degree from a regionally accredited college or university, with a cumulative GPA of 3.0; professional experience; a GMAT score of 500 or better; professional resume; two letters of recommendation; and a personal statement. SCHOLARSHIP/FINANCIAL AID AVAILABLE: There are no scholarships available. However, in order to help students manage graduate

TYPES OF MBAS AVAILABLE: The Tiffin University MBA program includes concentrations in finance, general management, health care administration, human resource management, international business, leadership, marketing and sports management MBA PROGRAM HIGHLIGHTS: Tiffin University’s MBA is flexible, practical and competitively priced. The program focuses on the development of competencies in communication skills, leadership and teamwork, information technology and problem solving. CLASS LOCATION: Main campus in Tiffin and online. ONLINE OPTIONS: Online classes are available. REQUIREMENTS FOR ADMISSION: A completed application, resume, transcript and writing sample.

GENERAL TUITION/FEE INFORMATION: Cost for the program is $700 per credit hour. SIZE OF MBA PROGRAM: Approximately 400 students.

URBANA UNIVERSITY

AUGUST 25 - 31, 2014

grams, including an evening MBA program where students only have to attend class one night per week. Students may enroll full time or part time. The concentration areas are management; leadership; financial planning and accounting; marketing and communications; and health services. Most courses are structured as accelerated five- or seven-week courses. MBA PROGRAM HIGHLIGHTS: A primary goal of the MBA program at Ursuline is to prepare students to become socially responsible managers and leaders from an ethical, valuesbased perspective. Students gain both a practical knowledge of modern business, as well as an understanding of the social, ethical and human context in which business is conducted in a technology enhanced, global environment. CLASS LOCATIONS: Main campus and Pilla Student Learning Center ONLINE OPTIONS: Students have an option to take traditional face-to-face courses, hybrid courses and online courses. REQUIREMENTS FOR ADMISSION: A bachelor’s degree from an accredited institution is required along with completion of online application form for admission (and $25 application fee); official transcripts from all undergraduate coursework and a GPA of 3.0; recommendation forms from at least three different individuals who know the candidate in a professional capacity; and a resume, including information related to managerial experience. The GMAT may be required. If the candidate already has taken the GRE, it may be substituted for the GMAT. Target scores of 555 for the GMAT or 540 for the GRE are baseline for evaluation. An assessment of statistical, accounting, finance and economics knowledge may be required of candidates who have not completed undergraduate coursework in accounting and finance or who cannot demonstrate that they have completed work experience in the area of accounting and finance.

URBANA 937-772-9200 ADMISSIONS@URBANA.EDU

SCHOLARSHIP/FINANCIAL AID AVAILABLE: A graduate student is eligible to receive up to $20,500 in Stafford loans per school year.

TYPES OF MBAS AVAILABLE: Full- and part-time MBA programs are available.

GENERAL TUITION/FEE INFORMATION: The tuition rate is $749 per credit hour (for evening and online program).

MBA PROGRAM HIGHLIGHTS: The university’s 36-credit MBA program offers 12 courses in eight-week terms and is designed for busy professionals managing multiple commitments.

SIZE OF MBA PROGRAM: 80 students

CLASS LOCATIONS: Main campus and Troy

NORTH CANTON WALSH UNIVERSITY DEVILLE SCHOOL OF BUSINESS 330-490-7406 MMCAULIFFE@WALSH.EDU, MONA MCAULIFFE

ONLINE OPTIONS: The full program is available online. REQUIREMENTS FOR ADMISSION: A bachelor’s degree is required as well as a 2.7 GPA, official transcripts, two letters of recommendation and a resume. SCHOLARSHIP/FINANCIAL AID AVAILABLE: Loans can be obtained by completing the FAFSA. GENERAL TUITION/FEE INFORMATION: Cost of the program is $515 per semester hour, which is $1,545 per class. MBA PROGRAM SIZE: 150

URSULINE COLLEGE PEPPER PIKE SCHOOL OF GRADUATE STUDIES 440-646-8119 MSTEELE@URSULINE.EDU TYPES OF MBAS AVAILABLE: Ursuline College offers several convenient and flexible types of MBA pro-

WALSH UNIVERSITY

TYPES OF MBAS AVAILABLE: Newly redesigned curriculum allows for the option of earning an MBA online, in-class or through a combination of the two in as few as 12 months. Students can earn their MBA degree in management, health care management, entrepreneurship or marketing. Classes meet one night a week and one Saturday per month. MBA PROGRAM HIGHLIGHTS: The Walsh University MBA program is accredited. Classes are small and meet one evening per week and one Saturday per month in eight-week segments. Classes may be taken entirely in-class, online or a combination of the two. CLASS LOCATION: Main campus. ONLINE OPTIONS: Walsh University offers four online, 12-month MBA pro-

grams: management, health care management, marketing, and entrepreneurship. REQUIREMENTS FOR ADMISSION: Materials required for application for the above options are completed application and $25 fee; official transcripts of undergraduate and all other graduate study; resume; and proficiency in English (international applicants only). SCHOLARSHIP/FINANCIAL AID AVAILABLE: Student loans available are based on 36 credit hours, for a total of $22,500. Other options include graduate assistance, outside scholarships or company reimbursement. GENERAL TUITION/FEE INFORMATION: Cost is $625 per credit hour. SIZE OF MBA PROGRAM: 176

XAVIER UNIVERSITY CINCINNATI WILLIAMS COLLEGE OF BUSINESS 513-745-3525 OR 800-344-4698, EXT. 3525 MBAADMIT@XAVIER.EDU TYPES OF MBAS AVAILABLE: The program has concentrations in business intelligence, finance, general business, international business, marketing, pricing strategy and valuesbased leadership. MBA PROGRAM HIGHLIGHTS: Xavier University has a 16-month executive MBA, weekend MBA (Saturday classes); momentum MBA for full-time students; accelerated 20-month MBA in West Chester. According to the school, the program is ranked 19th in the nation for entrepreneurship and 85th in the nation overall according to U.S News and is ranked 63rd in the nation by Bloomberg BusinessWeek. CLASS LOCATIONS: Main campus in Norwood, Ohio and in West Chester, Ohio. ONLINE OPTIONS: Six of the 15 MBA classes are offered online. Requirements for admission: Requirements for admission include a completed application, resume; official GMAT or GRE scores; all undergraduate and graduate transcripts; letters of recommendation (optional); and a personal essay (optional). SCHOLARSHIP/FINANCIAL AID AVAILABLE: Graduate assistantships are available with tuition coverage from $2,340 to $7,020 per semester. Scholarships are a discount on tuition from $30 to $70 off per credit hour based upon financial need as demonstrated by the FAFSA. GENERAL TUITION/FEE INFORMATION: For the working professionals, momentum and weekend MBA programs, $780 per credit hour; off-site accelerated programs, $37,840 (total program cost); executive MBA, $61,250 (total program cost); fees, $3 or $6 graduate student association fee per semester. MBA PROGRAM SIZE: 652

* Schools included are those with a physical presence in the state. All information was provided from the individual schools.

For-profit schools South University, University of Phoenix, DeVry University and Herzing University also have MBA offerings. Info on these programs can be found at www.CrainsCleveland.com/ MBA14

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AUGUST 25 - 31, 2014

CRAINâ€™S CLEVELAND BUSINESS

WWW.CRAINSCLEVELAND.COM

LARGEST CUYAHOGA COUNTY EMPLOYERS E

( E E

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FTE employees Cuyahoga County June 30, 2014

Total number of employees in Ohio

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See LIST, page 24

How Ciuni & Panichi measures up... 40 years of experience, a proven program of on-time performance, proactive communication, and superior client service. Call today to learn how we can make a measurable difference for you.

Earn your Ohio MBA with monthly workshops held right here in Cleveland.

216.831.7171 cp-advisors.com

www.ohio.edu/clevelandmba

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CRAINâ€™S CLEVELAND BUSINESS

WWW.CRAINSCLEVELAND.COM

AUGUST 25 - 31, 2014

LARGEST CUYAHOGA COUNTY EMPLOYERS G

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lowed Advance’s lead,” wrote Rick Edmonds of the St. Petersburg, Fla.based Poynter Institute in June. “To me that does not necessarily mean that Advance’s long-term view of the industry and the need to pivot to digital is wrong so much as it is premature. “A pullback to Sunday print — and maybe one or two other days — is likely in the future” he wrote on the website of the professional media training institute.

Digital dimes Hogben said cleveland.com is getting 50 million pages views a month, which translates into between 6 million and 7 million unique visitors monthly. That’s vastly more than the number of individual readers in print, and even more than the 4 million copies of the print paper sold each month. But it’s still a hard sell to advertisers, who continue to value print readers — and the more time they spend with the paper — over digital readers, many of whom graze the news. A small number of readers, about 30,000 a day, go online and read a page-by-page digital reproduction of the newspaper. Hogben said digital page views — the number of times an Internet surfer opens a cleveland.com page — were up 30% in July from a year ago. “We set a record in January and set it again in May and again in July,” Quinn said. “And in May, we were going against last May when the three women (held captive by the late Ariel Castro) were being rescued, the biggest news in the history of this city.” Part of the reason for the increase in page views is a new style of reporting, called iterative reporting, championed by Quinn. It’s a technique that asks reporters to quickly post a story online and then frequently post updates with videos, reader surveys or analysis from experts as reporting continues. Quinn also cited the website’s reporting on the shooting of Cleveland Heights tavern owner Jim Brennan, who was shot and killed during a robbery attempt June 30. “In July we had 50 posts on that — engagement posts, perspectives, updates — we got a half-million page views,” Quinn said. “It’s a completely new approach to the way we report news and the way people want to consume it.” But, so far, advertisers aren’t willing to spend anywhere near as much with NEOMG to reach those digital visitors as they spend to reach PD readers, even though print circulation has declined sharply. NEOMG doesn’t disclose its financial results, but Hogben said the operation remains profitable. She acknowledged, though, that, like the rest of the industry, digital advertising is growing in dimes while advertising revenue is moving away from print in dollars. She said the digital side now brings in 20% of the company’s advertising revenue, a figure that’s above the industry average. According to the National Newspaper Association, an industry trade group, print advertising at newspaper-based news organizations declined by 6.5% during 2013, a loss of $1.5 billion for the year to $23.6 billion. At the same time, digital advertising grew only 1.5%, or $325.7 million, to $3.4 billion, making digital advertising 12.6% of total revenue of

CRAIN’S CLEVELAND BUSINESS

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$27 billion at the nation’s newspapers. That is part of a longer-term trend, though some observers see the print ad revenue slide slowing. In its outlook for print advertising, “The Future of Legacy Media,” Borrell Associates Inc., a Williamsburg, Va., media advertising consultancy, contends that many of the big losses in print advertising — the losses of jobs and real estate classifieds to websites like Craigslist, Cars.com and Zillow.com — are in the rear view mirror. But Kip Cassino, the firm’s executive vice president, sees modest losses continuing. “You’re going to see advertising revenue for newspapers slowly settle,” he said in a phone interview. “I’m saying it’s going to be in the negative 2% to 5% range over the next five years.” He attributes that coming decline in large part to decisions by automakers to insist their dealers spend automakers co-op ad dollars in digital media and the trend among to public agencies to post legal notices online rather than in newspapers of record.

Beyond transactions On the print circulation side, The PD is continuing to lose subscribers. The Sunday paper’s print circulation, according to the Alliance for Audited Media, an independent circulation tracking nonprofit, is down to 270,778 at March 31, from 450,875 at the like time in 2006, prior to the Great Recession. Daily circulation over the same span is down from a five-day-a-week average of 343,163 to 195,778, which is the average for the Wednesday and Friday home-delivered papers. On days when the paper is not home delivered, circulation is at or below 40,000. That’s actually an increase in the average daily newsstand sales, Hogben said, because of the end of home delivery. Some long-time readers reacted harshly to the end of seven-dayhome delivery and, taking a wartsand-all approach, the newspaper printed a number of letters to the editor that showed how NEOMG has alienated some once-loyal subscribers. Hogben and Quinn defend the moves both editorially and financially. Hogben described a marketing and sales operation that has moved from selling only advertising space — newspaper ads and online banners — to opening new revenue streams by providing a variety of marketing solutions, including services available from a wide range of competing digital marketing firms such as search engine optimization, website development and social media marketing. Like any website operator, NEOMG tracks where its visitors go and what interests they pursue. That information from its large base of local visitors, she said, gives her company an unmatched knowledge base that allows it to create a target audience for clients. “We’ve shifted from a transactional business” selling ads, she said. “As customers see the need to play in the digital space, they come to us and tell us what the problem is: ‘This is what I’m trying to accomplish, how do I get there?’ We’re not selling ads, we’re selling audience.” Michael Depp, editor of NetNewsCheck, a website that reports

on local digital media efforts, said newspaper companies are scrambling to diversify their revenue sources. “It’s very common for (media companies) to adopt these lines of business,” he said. “Advance has taken on a very digitally aggressive strategy; its part of the whole transition they are making. Unfortunately, that doesn’t fill the (revenue) hole for them.” Gretchen Peck, a writer for Editor & Publisher, the news industry’s long-time monitor, said in an email that this effort to be a creative services provider requires a new kind of sales representative, not just order takers, and more of them. “It’s great that publishers have the tools and ambition to offer this great and diverse menu of services,” she wrote. “But they have to be fully staffed, and it requires a certain level of investment in software and systems to support them.”

The future is digital … Hogben said the company is providing that marketing muscle. “In sales and marketing, we have about 140, 150 people, in a lot of different roles,” she said. “I hope we can double the size of the staff in two years to five years, the sooner the better.” One example of the new ap-

proach is a $77,000 digital campaign sold to St. Vincent Medical Center. The campaign includes no traditional advertising. Instead, the hospital, which is celebrating its 150th anniversary in October, chose to produce sponsored white papers that will appear on cleveland.com. It also plans to use what Advance Publications calls Responsive Rich Media, a kind of interactive ad, to promote the anniversary. “I know they’re trying a lot of different stuff and I think that’s great,” said Wendy Hoke, St. Vincent’s vice president for marketing and communications. “I don’t know that everything is going to take; they’re going to have to find what works well with their site.” Hoke has used digital banner advertising — “I think it’s performed pretty well” — in the past but she said she wasn’t sold on using NEOMG for services such as search engine marketing. “I’m not sure what they think they can do there that’s unique,” she said.

... but print hangs on Malley’s Chocolate has tried advertising at cleveland.com but now uses NEOMG only in print, said president and CEO Dan Malley. “The PD drives traffic to the stores, it drives traffic to our website

and it helps keep our brand out in front of Clevelanders,” he said. “We have more success on the Internet side dealing direct with our own customer lists.” Malley’s disenchantment with digital advertising reflects a broader concern about the potential for the financial success of digital news sites. “I think the high expectations for the online product are mostly wishful thinking,” media researcher Iris Chyi wrote in an email. “Twenty years into U.S. newspapers’ online experiment, the web edition has never generated sufficient advertising or subscription revenue to challenge the importance of the print product as the primary revenue driver. “And there is no evidence suggesting that it ever will,” wrote Chyi, an associate professor of journalism at the University of Texas at Austin. Chyi has what she calls a “Ramen Noodle” theory of digital media. Her research since the late 1990s on the economics of online news suggests that “online news, like ramen noodles, is an inferior good” and news consumers spend less time and attach less value to the news and ads they see online. And so advertisers will spend less on digital advertising than on traditional print advertising it may be destined to replace, her theory goes.

ADVERTISE AND SUBMIT AN ARTICLE! Book your ad and reserve your space today! Contact Nicole Mastrangelo at 216-771-5158 or nmastrangelo@crain.com

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CRAIN’S CLEVELAND BUSINESS

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AUGUST 25 - 31, 2014

REAL ESTATE CLASSIFIED Phone: (216) 522-1383 Fax: (216) 694-4264 Contact: Denise Donaldson E-mail: DDonaldson@crain.com

Copy Deadline: Wednesdays @ 2:00 p.m. All Ads Pre-Paid: Check or Credit Card

AUCTIONS

BUSINESS OPPORTUNITY By Order of Court-Appointed Receiver

Real Estate Auction 4557-4571 N. Ridge Rd. North Perry OH 44081 Lake Co. Case No. 12CF-003306

TWO ABSOLUTE AUCTIONS Friday, Sept. 12th, 12:00 Noon Preview: Sept. 1st, 1:00 - 3:00 p.m. PINEVIEW LAKE 10036 Wilson Mills Rd., Munson, OH A once in a lifetime opportunity to buy this 103 acre private paradise! Including 4000 SF home w/5 Br’s /3.5Bth.

3 ponds for swimming & fishing. Miles of wooded trails, pavilions, picnic areas, fruit trees, a 4200 SF clubhouse w/complete commercial kitchen and support equip.

ATV’s, zero turn mowers, tractors & Support equip.

A COIN LAUNDRY BUSINESS MAKES BIGGER PROFITS! • Strong Return on Investment • No Inventory or Receivables • No Franchise Fees • Attractive Financing

Wed., Sept. 24, 11 AM

4.34 +/- Acres w/ bldgs. Zoned M-1 Commercial For Terms of Sale:

NEW INVESTOR SEMINAR

By Order of Court-Appointed Receiver

Tuesday, September 9th • 12:30pm and 6:30pm Location: Lakeside Laundry – 26851 Richmond Rd., Bedford Heights, OH Call today to Register:

Real Estate Auction

Lakeside Laundry Equipment

www.bambeck.com Bambeck Auctioneers Inc.

Oct. 8 • 11:00 AM On-Site 45,000 Sq.Ft. Ofﬁce Building on 2 Acre Site

800/628-2588 www.lakesidelaundry.com

Real Estate Opportunity 624 Market Ave. N., Canton OH Recently Listed At : $1,900,000 Suggested Opening Bid: $850,000

3% Broker Participation! Bambeck Auctioneers Inc. www.bambeck.com

ABSOLUTE AUCTION Hughie’s Event Production Services Thurs., Sept. 4th -10AM

Real Estate Auction

Chevrolet Astro Van, Dodge Caravan, 48' semi freight trailer, mobile home trailer flatbed, aluminum scaffolding and trussing, stackable head units, inventory and supply, vintage stage lighting and camera collection.

Judicial Sale - Medina Co. Case No. 11CIV1109

COMMERCIAL SPACE

FOR SALE OR LEASE LLOYD RD., WICKLIFFE 8210 SF .86 AC Office...2,890 SF Garage...2,100 SF Warehouse ...1,950 SF Leased...1,290 SF THE ZELKO CO. C-216-469-5097 FOR SALE Residential Investment Portfolio Cuyahoga & Lake Counties

18 Properties / 29 Units Ag Real Estate Group, Inc. 216-504-5000 www.agrealestategroup.com

1.6 +/- Acres in Solon, Ohio Zoned C-2 Commercial

FOR SALE or BUILD TO SUIT

Ag Real Estate Group, Inc. 216-504-5000 www.agrealestategroup.com

DON’T FORGET: Crain’s Cleveland Business on-line @ CrainsCleveland.com For all the latest business news...online

Sept. 3 • 11:00 AM On-Site

Season Tickets Upper level suite at the 35 yard line. 2 full season tickets at face value plus food, drink & gratuity related charges as applicable. Will not split. Serious inquiries only contact mandylunceford@reserve-group.com

CABINETS KITCHEN & BATH Locally Made ProMark Cabinets

(216) 453-3654

Tremont

Commercial Office Space For Sale 1,656 sq ft loft like space 12' ceilings, exposed brick wall, can be live/work $199,000.

216 346 9067

BUSINESSES FOR SALE Work 9 Months, Play Somewhere Warm in Winter!

Selling a Business?

Vacant Lot, N. Court Street Plus Home and/or Ofﬁce 120 E. Friendship St.

Harbortown Marine/Harbortown Flag in Vermilion. Retail & Wholesale Marine Supplies & Accessories, Service Dept, Boat Brokerage, Flag & Pole Sales & Installation (2 stores, 1 location). Record sales 20 years continuously, even throughout recession. Expanded in 2012, put our major national competitor out of business in 2013. Turn-key operation includes inventory, furn/fixt, tools/equipment, vehicles, transferable long-term lease in shopping plaza includes many extras. Retiring owners will stay for training/transition if desired. 440-967-8072 or jody@htmarine.com for more info. Serious Inquiries Only Please. See location & virtual tour pics at www.htmarine.com.

Ohio Business Brokers Assoc. WWW.OBBA.ORG Find hundreds of businesses. Find a good broker to help.

Bambeck Auctioneers Inc. www.bambeck.com

ESTABLISHED FLORAL BUSINESS

Crain’s Cleveland Business on-line @ CrainsCleveland.com

Users • Developers • Investors (2) Medina Commercial Properties

1-877-BID-ROSEN

www.BIDROSEN.com

CONTRACTOR’S BUILDING

Cleveland Browns Suite

Another Bambeck Auctioneers Inc.

1260 E. 38th St., Cleve, OH A 50 yr. surplus collection from 3 locations!

216-990-1831

FOR SALE

PUBLIC NOTICE

FOR SALE

Request for Proposals

Family owned and operated for 60 years in Cleveland suburb. Owners retiring. Can be sold with or without 5000 sq. ft. retail building with parking and living quarter potential.

CITY OF OLMSTED FALLS

Inquire to: PETALER1950@YAHOO.COM

The City of Olmsted Falls is seeking proposals for use of two City-owned properties through lease agreements: Property 1: Third floor of O.F. City Hall (former school building) located at 26100 Bagley Rd. Property 2: Former library building located at 7850 Main St. Property 1 offers approx.11,000 sq. ft. A use may be proposed for all or part of the space. Property 2 offers approx. 5,300 sq. ft. on three levels. Olmsted Falls’ goal is to engage business activity that will enhance the commercial vitality of the community, and generate income tax revenue for the City. Acceptable proposals will require final negotiations with the City of O.F. with the intent of entering into a lease agreement for a period of time to be determined. All proposals must be submitted in accordance with the Request for Proposals (RFP) document. Proposals should be submitted by 4:00 pm on Fri., September 19, 2014 which may be extended by the City. Property may be viewed by appointment. Copies of the RFP Docs can be obtained from: Rosann Jones Dir. of Econ. Dev. City of Olmsted Falls 26100 Bagley Rd. O.F., OH 44138 440-235-5550 rjones@olmstedfalls.org

Buying a Business?

DON’T FORGET:

BUSINESSES SERVICES C. W. JENNINGS INDUSTRIAL EXCHANGE Global Expansion Consulting Construction • Acquisitions Exporting • Financing

(855) 707-1944

FLYNN ENVIRONMENTAL UST REMOVALS • REMEDIATION DUE DILIGENCE INVESTIGATIONS

(800) 690-9409

By appointment only. Come to our warehouse! All type power conveyors, pallet racking, shelving, decking for racking. We sell new & used mezzanines. We also buy & install what we sell. 216-641-STYS. E-mail sales@stysinc.com

Seeking independent sales reps. Established dealer/ broker/distributor of high quality industrial equipment. Material handling, forklifts, scissor lifts. All territories available. Self-starter. Please e-mail Resume to sales@stysinc.com

For daily on-line updates, sign up @ CrainsCleveland.com/Daily

BUSINESS SERVICE OWNERS! Submit your business card to promote your service . To find out more, contact Denise Donaldson at 216.522.1383

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THE WEEK

WWW.CRAINSCLEVELAND.COM

Hungry for change: The Cleveland Browns are expanding their relationship with Aramark, as well as their connections with four wellknown Northeast Ohio chefs. Aramark, FirstEnergy Stadium’s premium dining and Sawyer catering company since 2012, also will be the team’s general concessionaire. The move ends the franchise’s relationship with Delaware North, which had been the Browns’ concessionaire since the team’s NFL return in 1999. Among new dining options are increased offerings from Chris Hodgson, Jonathan Sawyer, Michael Symon and Rocco Whalen. Food from the celebrity chefs will now be available in general concession areas. Prior to this season, the menu items had only been available in premium seating areas.

Bridge to somewhere: Cuyahoga County and the city of Cleveland selected Boston bridge architect Miguel Rosales and the Parsons Brinckerhoff engineering firm to design a pedestrian and bicycle bridge that will link the Mall with the attractions on the lakefront. The administration of Cuyahoga County Executive Ed FitzGerald said legislation will be moving ahead for the approval of county council and Cleveland City Council. The goal is to have the bridge open in time for the Republican National Convention in summer 2016.

Hauls of learning: Case Western Reserve University, which is about to top off a $1 billion fundraising drive, brought in a record $151.6 million in gifts and pledges for its fiscal year that ended June 30. That amount is about $5.7 million more than the university’s previous record set in 2013. In addition, the university set a number of other fundraising goals, including the fact that its medical and engineering schools both brought in record amounts of $52.6 million and $32.8 million, respectively. The university also set a record with its annual fund in 2013, having brought in $10.3 million. IPO go time: Fairmount Santrol, the Chesterland company that before last week was known as Fairmount Minerals, submitted a draft registration statement for a proposed initial public offering of its common stock. The date, number of shares and price of the proposed offering have not yet been determined. Fairmount Santrol is one of North America’s largest providers of industrial sand to the oil and gas industry. On Aug. 18, the company adopted the Fairmount Santrol name, which it said “reflects the combined strength and pioneering history of the company’s prominent Fairmount Minerals and Santrol brand names.” The main event: The Experient Office Building in Twinsburg, which houses the headquarters of event planning firm Experient, has a new owner. The building, at 2500 East Enterprise Parkway, was sold for $4.15 million to an investment group based in New York state. The 26,000-square-foot building is home to about 100 employees of Experient, a Maritz Travel Co. unit that has seven other U.S. offices.

REPORTERS’ NOTEBOOK BEHIND THE NEWS WITH CRAIN’S WRITERS in Ben Venue’s lyophilizers — freeze-drying equipment — and other machinery that can be used to make drugs to treat cancer. But there is hope that the complex may one day come back to life: The fast-growing company plans to maintain the buildings, which doesn’t cost much. And at one point chief financial officer Khalid Nobilsi used the phrase “if we decide to reactivate the facility.” — Chuck Soder

AUGUST 18-24 The big story: Invacare Corp. laid off 60 local employees as part of a broader restructuring plan designed to help the struggling company return to profitability. The cuts took place at the medical equipment company’s headquarters in Elyria and its Taylor Street manufacturing plant, which dramatically scaled back its production of power wheelchairs after federal regulators forced the company to address quality control problems. Worldwide, Invacare is laying off 150 employees and 40 temporary workers. The cuts are part of a restructuring effort that’s expected to save Invacare $15 million per year by the time it’s fully instituted in 2015.

CRAIN’S CLEVELAND BUSINESS

JANET CENTURY

Ben Venue’s headquarters in Bedford.

Hikma taking its time to decide Ben Venue’s future Don’t expect the new owner of Ben Venue Laboratories to revitalize the massive drug manufacturing complex anytime soon. Executives from Hikma Pharmaceuticals announced in July that they would buy Ben Venue’s headquarters in Bedford. At the time, they said they would “evaluate the potential to partially reactivate” manufacturing at the complex. But if that ever happens, it won’t be soon, judging by comments Hikma CEO Said Darwazah made during a conference call with stock analysts last week. “At the time being, we don’t see any need for reactivating the facility there,” Darwazah said. The research and development team from Ben Venue’s generic injectable drug division, Bedford Laboratories, continues to work at the complex. But as for the rest of the facility, Hikma is mainly focused on transferring equipment to its other manufacturing plants in New Jersey, Germany and Portugal. Hikma is particularly interested

WHAT’S NEW

Developer Frank Sinito looks to boost downtown holdings Another old building downtown is about to sell, this time the 15-story 75 Public Square, with apartment owner Frank Sinito as the likely buyer. The eye-catching Italianate building on the square’s north side is being marketed by Beachwood-based Cleveland Retail Group, which reports on the CoStar online realty data service that the building is under contract. Building owner Daniel Dzina has owned the building since 1996 through North Point Properties, LLC. The building is home to a bevy of Cleveland law firms, and tenants already are getting notices of the pending sale. One tenant said her company was not told anything about needing to relocate, which she would resist because she said she loves the old building’s design and proximity to Cuyahoga County Justice Center. She agreed to discuss the situation if she were not identified by name. Meantime, Sinito, owner of Independence-based Millennia Cos., on Aug. 15 formed two limited liability corporations with names that would be suitable for buying the building: 75 Public Square LLC and

Gateway to publishing

PRODUCT: BoxCaster next-generation broadcast box BoxCast is thinking big with the new version of its BoxCaster broadcast box, which it says “allows anyone with a camera to stream live HD quality video to anyone, anywhere.” The company’s president, Gordon Daily, describes the new BoxCaster as “a game-changer when it comes to simplicity and function” that taps into the “exploding” popularity of video streaming. He says the BoxCaster’s “sleek new shape and bullet-proof shell reflect our excitement about what’s inside. You don’t have to be an engineer to appreciate all the features we’ve baked into this product.” Additional product enhancements include a higher-quality video picture, wireless connectivity over Wi-Fi and professional-quality audio. BoxCast and ESPN Cleveland earlier this summer announced a partnership that will deliver live, high-definition video broadcasts of high school football games to smart phones, tablets and computers. The company also has about 70 colleges and universities as clients. For information, visit: www.boxcast.com.

A political go-getter turns to IndieGogo Here’s a future candidate for our Forty Under 40 section. Andrew Demeter is 16. But he’s already produced an award-winning student film, stumped Nancy Pelosi and been interviewed on national news programs. And on his TeenTake YouTube channel, he describes himself as “an investigative reporter who challenges the status quo.” Now the Concord Township teen is trying to start Politicast, a politically focused broadcast news channel targeting his peers and gives them a voice in politics. Granted, it’s a long shot. He’s trying to raise money through IndieGogo, a website where people can raise money for projects. But as of Friday, Aug. 22, he’d only raised about $2,100 toward his $50,000 goal. But, given his résumé don’t be surprised if this isn’t the last time you hear his name. To check out his IndieGogo campaign, visit bit.ly/X56Ibc. — Chuck Soder

BEST OF BLOGS Excerpts from recent blog entries on CrainsCleveland.com.

COMPANY: BoxCast, Cleveland

75 PSQ Investment LLC. He was out of office on Friday, Aug. 22, and did not return a message at his office and another on his cell phone. Cleveland Retail and Dzina also did not return messages at their offices by noon Friday. If the deal closes, this stands to be Sinito’s second downtown move this year. Earlier in the year, one of his affiliates won State Historic Preservation Tax Credits from the Ohio Department of Development Services to help convert the empty Garfield Building, 623 Euclid Ave., to apartments. — Stan Bullard

Cleveland Cavaliers owner Dan Gilbert apparently wants to be a publisher. So said The New York Post, which reported Gilbert “is said to be in the fourth quarter of talks to buy a stake in the company that publishes the Robb Report,” a lifestyle magazine for the ultra-rich. (He could pass copies around the Cavaliers’ locker room.) The price tag “is about $60 million for what is basically a one-title company that is believed to be kicking around $10 million a year in profit,” according to the newspaper. CurtCo Robb Media, headed by Bill Curtis, “had ignored bids by several potential suitors — including Jason Binn of DuJour Media — before choosing Gilbert because he would allow Curtis to remain involved in the operation after the sale,” The Post reported. The story noted that Gilbert, 52, “has no experience running any publishing entities.” Still, insiders said, “if a deal is done, he would keep Curtis and current management on board.” Gilbert is, though, pushing into mediarelated entities. Earlier this summer, he made an investment in Genius, a crowdsourced platform that decodes and annotates rap lyrics. That investment was said to be $40 million.

Live here Milan, Rome, San Francisco, London and New York all have this in common: They are less “livable” than Cleveland, according to the latest livability index from The Economist Intelligence Unit. Website Quartz said the rankings “won’t make for happy reading in the world’s biggest business centers. It notes that the rankings “are intended to measure the relative comfort of 140 cities where expat executives might conceivably

find themselves living or visiting.” (Conflict hot spots such as Baghdad and Kabul are excluded. Quartz noted that companies “often use the scores to calculate ‘hardship’ allowances given to employees sent to work there.”) Cleveland was one of 64 cities with a score high enough to rank in the top tier for livability. It ranked No. 45, just behind Madrid but ahead of Dublin. Quartz noted that big, crowded cities such as New York and London rank farther down the list than might be expected because they “all suffer from higher levels of crime, congestion and public transport problems than would be deemed comfortable.” Melbourne was at the top for the fourth year in a row. Midsize cities in sparsely populated developed countries are at an advantage in the Economist Intelligence Unit’s methodology, because they “foster a range of recreational activities without leading to high crime levels or overburdened infrastructure.”

State of the art The Cleveland Clinic was represented heavily in a Wall Street Journal story about the healing powers of public art. “Researchers are learning more about the precise ways paintings and other works of art help patients and families in the healing process,” The Journal said. “With studies showing a direct link between the content of images and the brain’s reaction to pain, stress, and anxiety, hospitals are considering and choosing artworks based on the evidence and giving it a higher priority than merely decoration for sterile rooms and corridors.” Iva Fattorini, a dermatologist and global chairwoman of the Cleveland Clinic’s Arts & Medicine Institute, told The Journal that that focus at the Clinic is on art that is “not disturbing, but uplifting and diverse.” The aim “is to take your mind away from the disease and replace the time you are losing inside hospital with some beauty.”

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