CLEVELAND--(BUSINESS WIRE)--Cuyahoga’s newest corporate headquarters officially opened its doors on Thursday, October 17th. Mace Security International announced its corporate relocation to Cleveland after agreeing to an incentive package that included a $650,000 loan from Cuyahoga County’s Western Reserve Fund.
Mace, a company well-known for its iconic pepper spray, moved its headquarters from Horsham, Pennsylvania to Cleveland, Ohio. The former Cleveland Granite and Marble Building in Cleveland’s Midtown District was renovated to accommodate the move. The site on Carnegie Avenue will be home to Mace’s manufacturing and headquarters office personnel.
“Mace is a global brand and we are honored to say that their new headquarters are right here in Cleveland. Their move brings jobs to the county, and situates Mace into a new location that is ideal for their growth. It’s another example of the county working together with cities to encourage companies to choose Northeast Ohio,” says Cuyahoga County Executive Ed FitzGerald.
Mace Security International, Inc, is an industry leader designing, manufacturing, assembling, marketing and selling a wide range of security products; electronic surveillance products, personal defense products, and central station monitoring. John McCann, the CEO of Mace and a Cleveland Heights native, is focused on growing the company after bringing in the Cleveland area. "The move will increase manufacturing efficiencies, reduce transportation and logistics costs while making a strong contribution to the local economy with the job growth we're bringing to the region," says McCann. "We looked in Cuyahoga County because we knew that it was going to be a great place for our business. The way that Cleveland and Cuyahoga teamed up to put the right incentives together made our location decision easy for me and our business."
Cuyahoga County provided financial assistance for the purchase and renovation of the freestanding 49,335 square foot manufacturing facility. Mace will create 47 jobs and will generate $2,400,000 in payroll.
The project will be funded from the county’s Western Reserve Fund, a revolving loan fund that provides gap financing to job creating and job retaining projects in the county. The overarching goal of the Fund is simple: make $100 million dollars available to spur county job creation and economic growth.