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Economic Development > Why Medina?
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Sandridge Food Corporation:
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| Sandridge Food Corporation |
One thing that the Sandridge family has learned in over two generations in the food business: “If the recipe works, stick with it!” The company founded by Vincent Sandridge in 1965, focuses upon fresh refrigerated foods and soups and more than 40 years later the family-owned business still maintains the entrepreneurial spirit its founder instilled.
That spirit and focus upon delivering a high quality product has grown the Sandridge Food Corporation (SFC) into a leader in the North American food service industry. As evidence of the market gains the past two years have been a balancing act of meeting the increasing demand for their products while planning the expansion necessary to carry that off. SFC has completed two significant expansions with three to four additional projects in the planning stages for 2010 and 2011. In 2008, the company completed a $7 million expansion to its cold storage warehouse; $2 million of the investment was M & E. To assist the company in their cash flow the city of Medina provided SFC with a 15 year tax abatement on the new property valuation.
In 2009, the company set itself apart from its competition by expanding its production department and purchasing new processing equipment that secures its quality position in the industry and permits it to reach new markets. The City assisted Sandridge to secure a $2 million Direct 166 loan from the state of Ohio, state of Ohio job creation tax credits, a city of Medina job creation grant and a CRA tax abatement. The $5 million project included $1.25 million in new construction, and $3.45 million in new equipment. Over the next 3 years an additional the two projects will create an additional 80 jobs. For the city’s effort, it has been recognized as a finalist for the Team NEO Economic Development Impact Awards in the category of Business Expansion. This is the second year in a row that the city of Medina has been so recognized.
Currently the city is working with SFC on expansions of their soup line, improvements in pasta production, an R & D kitchen and dry goods storage. It all points to a promising future for the family-owned business and edifies the city of Medina’s byline, “Preserving the Past and Forging the Future”. For SFC's website click here.
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| Site preparation for Acme Fresh Market |
Albrecht, Inc. has proposed a 68,000 sq. ft. Acme Fresh Market at the corner of Wooster Pike Rd. (Rt. 3) and High Point (for a pdf of the proposed building click here). Besides the Market, there will be 5 additional buildings to be used for retail, service and/or restaurants. As part of the project Albrecht will be providing an access road north of High Point into the development from Wooster Pike. The property is known as South Court Village and in future phases will include office buildings, 2 additional outlots and a residential area on the western section of the property. The development of the property is expected to start in the late summer or early fall of 2011. Acme Fresh Market's website is acmestores.com.
Falcon Industries:
.JPG) Falcon specializes in the precise, consistent manufacture of Helix Flighting from bar and plate steels and other metals. their products are used in agricultural, construction, and process equipment, food industry, furnace conveyors, road equipment and de-watering processes.
The project will bring 30 new jobs to the City of Medina with an annual payroll of $1,500,000.00. The total new project investment including the new building and necessary equipment is $2,175,000.00. For the project Falcon Industries received an abatement on the increased valuation of the property and a 40% Job Creation Grant. Falcon Industries' website is falconindustries.com.
Friction Products:
.JPG) Friction Products is a division of Wellman Products Group. For nearly a century Wellman Products Group has engineered and manufactured severe-duty friction products for brakes, clutches, transmissions, and driveline components.
With the assistance of the Ohio Department of Development, the $12,240,000 project was won by the City of Medina over Tulsa Oklahoma. Along with the State of Ohio's Job Creation Tax Credit, the City provided an abatement on the additional valuation of the property through the CRA and a 40% Job Creation Grant. The project includes new construction to expand the manufacturing facility (40,000 sq. ft.), renovation and improvements made to the existing office/engineering and manufacturing facilities, new equipment and machinery, and fixtures and furnishing. The project will create another 95 jobs at the Medina site over the next three (3) years, adding approximately $2,896,300.00 to the payroll. You may visit Wellman/Friction Products at Wellmanproducts.com.
Free Enterprise, Inc.:
Free Enterprises, Inc. provides fuels, lubricants, coolant, chemical, and ancillary automotive product needs throughout Northeastern Ohio. Four-P, LLC, holding company for Free Enterprise, Inc. is constructing a new 18,000 square foot pre-engineered building at 241 South State Street in Medina. The building will act as a distribution center for its product lines. The expansion and equipment for the project is estimated at $2,090,000.00 and will provide one additional full time employee and 1 part-time. The estimated growth in payroll is $135,000.00. Four-P, LLC has applied for a tax abatement of the increased valuation of the property. For more information on Free Enterprise visit
TLT Babcock:
TLT Babcock is a manufacturer of industrial fans. Their primary market is utility power plants and heavy industrial manufacturing installations, including cement plants, steel mills, pulp and paper mills, waste incinerators, mining, and subway & tunnel applications. Specialty wind tunnel applications for auto and aviation research, etc. is an adjunct.
They have applied for the expansion of their machine shop at 935 Heritage Drive in Medina. The 3,500 square foot expansion will house new equipment that will increase their capabilities and efficiency in the fabrication of their product. The project will add 5 new employees at a total annual payroll of $300,000. The project cost is estimated at $2,000,000.00. The company has made an application for tax abatement on the new valuation of the property. For more information of the company you can visit TLT-Babcock.com.
Giant Eagle
Giant Eagle has constructed a 36,000 square foot expansion of the Giant Eagle grocery store. The project included the demolition of 14,200 square feet of the existing shopping center for a total footprint expansion of 21,800 sq ft or thirty percent. The completed site has established a 91,000 sq ft facility. Visit Giant Eagle's web site here.
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