Headquarters and Professional Services in Cleveland Plus
The Cleveland Plus region has the fourth-heaviest concentration
of headquarters employment – 38% higher than the national average.
Proportionately, the region outpaces much larger markets, including
Chicago, Atlanta, New York and Los Angeles.
- Goodyear Tire & Rubber Co. and J.M. Smucker Co. are among
the dozens of corporations that have invested in their headquarters
here in recent years.
- Headquarters employment in Northeast Ohio has grown nearly 160%
from 1990 to 2013 as major corporations embrace the region’s
assets. Over the same time span, U.S. headquarters employment has
increased only 22%.
- Northeast Ohio headquarters employment is climbing steadily,
growing from 19,000 employees in 1990 to nearly 49,000 in 2013.
While headquarters employment makes up about 3% of Northeast Ohio
employment, it represents more than 6% of all wages in the
World-Class Professional Services
These headquarters locations are supported by a world-class
professional services cluster of leading financial, legal and
insurance firms. Successful businesses need the support of top-tier
professional services, such as accounting, legal and
marketing. You’ll find that skilled talent and more in
Cleveland Plus, home to one of the world’s largest financial
sectors and one of the nation’s largest legal
- Seven of the region’s law firms employing 100 or more
attorneys – such as Jones Day and Squire Patton Boggs – have five
or more offices across the globe.
- Cleveland Plus is home to major banks such as KeyCorp
(Cleveland) and FirstMerit (Akron), and is the headquarters of the
Fourth Federal Reserve District, one of twelve regional Reserve
Banks in the Federal Reserve System.
- With approximately 58,000 workers, Northeast Ohio employs more
individuals in the financial services industry than any other Ohio
Source: Economy.com, Cleveland State University JobsOhio
Report, March 2012
To learn more about the Headquarters and Professional Services
industry in the Cleveland Plus region, download our single sheet.
Testimonial From The Timken Company
We’re proud to call Northeast Ohio home. Its talented
workforce, commitment to innovation and rewarding lifestyle make
Cleveland Plus a great business opportunity.
Tim Timken CEO & President, The