CRAINSCLEVELAND.COM I AUGUST 7, 2023
Opportunity in neglected demographic Financial advisers see unprecedented chance to serve women with wealth By Jeremy Nobile
Ohio Gov. MIke DeWine (front left) and Jacob Block tour American NItrile’s plant in Grove City. | AMERICAN NITRILE PHOTOS
American revival Scale and By Dan Shingler Down near Columbus, a huge new manufacturing technology give plant is being built that promises to claw back some of American Nitrile, America’s competitiveness in a key high-tech, internaindustry that has become dominated by Asia in a UA partner, an tional recent decades. edge over Asia This isn’t about Intel. This is a story about American Nitrile in Grove City, which makes PPE gloves. The sort of gloves that were so hard to get during the pandemic that they shot up to as much as 20-times their previous cost, if you could find them. The kind of gloves that also will continue to be used by the billions in the U.S., even in times of relatively good health. And gloves that might incorporate technology from the University of Akron and other Northeast Ohio entities to be smarter and more useful than gloves are today. Gloves on their one-mile journey from dipping to boxing at American Nitrile.
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See NITRILE on Page 16
When working with older clientele, financial advisers like Kenneth Chodzin of Lakewood have often found themselves talking solely to the man of the house. But that’s beginning to change. There are a variety of factors that may contribute to the focus on men in this industry and the oversight of women. Among them are upbringings in the baby boomer generation, views on gender roles and a misnomer that women, in general, are dis-
interested in the management of the family finances. Another factor may be the longstanding homogeneity of the wealth management industry, which has been dominated by men serving men — while the profession is increasingly aware of its diversity problems, it’s struggling to address them. Whatever the reasons, in older generations in particular, men have largely helmed family finances and been the predominant focus of the financial planning sector. See WOMEN on Page 18
Extra parking out, solar array in at Euclid office By Stan Bullard
Since Haim and Amanda Mayan, through Euclid Office Campus LLC, bought the 200,000-square-foot office tower formerly known as the Euclid Medical & Office Plaza, they have focused on updating the 1975-vintage building. The latest addition is a truly contemporary feature for the black glass curtain-walled structure: a $2 million solar array that stretches about half the length of the interconnected two-building complex. It is a big commitment for the property, which sits on 10 acres. The entire building cost $1.5 million for the couple, who operate Man Holdings of Cleveland, to acquire at the end of 2021. They have since updated suites in the structure as they land tenants; replaced dated lighting
Haim and Amanda Mayan have installed a solar array at Lake View Enterprise Campus in Euclid. | CONTRIBUTED
with energy-saving LEDs; upgraded elevators; and made a lengthy list of other improvements. It is now called Lake View Enterprise Campus. See SOLAR on Page 16
REAL ESTATE TransDigm sets downtown Cleveland headquarters move to US Bank Centre as it exits Erieview Tower.
SPORTS BUSINESS Baseball fans don’t just buy peanuts and Cracker Jack; they leave them at their seat. Here’s what happens next.
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