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CRAIN'S CLEVELAND BUSINESS

Going MAD about the marijuana business

Marijuana might not yet be legal in the state of Ohio, but a few local entrepreneurs are capitalizing on the budding industry. And given the rate at which states are legalizing the drug -- both for recreational and medicinal uses -- these local businessmen are setting their sights even higher.

Going Places: March 2, 2015

March 1, 2015 See who's advancing in Northeast Ohio companies and institutions.

Tax liens: March 2, 2015

March 1, 2015 The Internal Revenue Service filed tax liens against these businesses in the Cuyahoga County Recorder's Office.
Ramco runs out of room in Hudson

Ramco runs out of room in Hudson

March 1, 2015 Ramco Specialties Inc. has been doing more of its own manufacturing in recent years, rather than simply processing parts from overseas. The approach has allowed the company to stabilize its supply and to strengthen it against market conditions like fluctuating currencies, said president and CEO Rick Malson.
What's New for March 2, 2015: RCE Robotic Random Case Erector from Combi Packaging Systems of Canton

What's New for March 2, 2015: RCE Robotic Random Case Erector from Combi Packaging Systems of Canton

March 1, 2015 Combi, a provider of customized end-of-line packaging equipment, said it's collaborating on the new product with Motion Controls Robotics of Fremont, Ohio, a provider of robotic automation products to the industries including plastics, food and beverage, and building and construction materials.

The name 'Bumbrella' won't slip your mind

February 28, 2015 A dress that left Tara Gallagher feeling a little more exposed than she expected was the inspiration she needed to start her own company, CiCi Soleil Ltd. in Bay Village.

Virtual Hold Technology purchases minority stake in competing software company

February 25, 2015 In addition to receiving equity in CallPromise of Richmond, Va. the Fairlawn-based company also will be able to offer its customers CallPromise's product, which is delivered via the Internet.

City of Cleveland revokes Wolley Taxi Co. license to operate after audit 

February 25, 2015 The city said its division of assessments and licenses revoked Wolley's operating licenses after a routine audit that discovered irregularities in the company's insurance coverage.
Multi Radiance Medical launches portal for rentals of therapeutic lasers to pet owners

Multi Radiance Medical launches portal for rentals of therapeutic lasers to pet owners

February 24, 2015 RentMyPetLaser.com matches pet owners to veterinarians in a network. Once a diagnosis is confirmed by the veterinarian, pet owners can rent super-pulsed lasers from Multi Radiance Medical that speed up healing.
The Brew Kettle to sell limited-release India Pale Ale specially designed for Cavs fans

The Brew Kettle to sell limited-release India Pale Ale specially designed for Cavs fans

February 23, 2015 The Brew Kettle will release 'All For One' Session IPA on draft and by bottle on Wednesday, March 25. The bottle will have a wine and gold label. Fans age 21 and older can enter a sweepstakes to win the opportunity to taste the beer before its public release.
Tobin Buckner joins JumpStart as its Akron entrepreneurial community manager

Tobin Buckner joins JumpStart as its Akron entrepreneurial community manager 

February 23, 2015 Buckner, the former director of the Akron Urban League's Partnership for the Minority Business Accelerator, will be the first JumpStart employee to report to work in Akron.
Cleveland Whiskey brand makes first international sale with shipment to German company

Cleveland Whiskey brand makes first international sale with shipment to German company

February 23, 2015 Founder and chairman Tom Lix said the shipment to Whiskymax is not only the company's first international sale, but also its first private label sale.
STACK isn't 'just a media company anymore'

STACK isn't 'just a media company anymore'

February 22, 2015 STACK is celebrating its 10th anniversary, and like the goals of the thousands of athletes to whom it has provided training tips over the years, it believes it's bigger and better than ever. The company bulked up considerably with its acquisitions last June of Velocity Sports Performance and Driven Apps.

KeyBank is increasing its investment in small business

February 22, 2015 KeyBank has launched a national Business Banking Segment — led by former Cleveland market president Lisa Oliver — to focus on helping companies develop and expand operations, capitalizing on the sector's growth potential and possibly drawing new clients and business opportunities.

Pressure is upping ante for smaller banks

February 22, 2015 A fiscal squeeze is helping drive a proliferation of sales by community banks across the country, bankers and analysts say, as non-interest expenses grow faster than revenues. And with financial pressures fanning the flames burning into bank margins, many smaller and midsize community banks are either strategically merging away from the heat or waiting for the fire to die down.

Going Places: Feb. 23-27, 2015

February 22, 2015 See who's advancing in Northeast Ohio companies and institutions.
What's New for Feb. 23-27, 2015:  ATB composite disc brushes from Cleveland-based Osborn

What's New for Feb. 23-27, 2015: ATB composite disc brushes from Cleveland-based Osborn

February 22, 2015 Osborn, a major global supplier of industrial brushes, says its new brush design fits into users' existing shell mill holders and eliminates the need for adapters to fit into their milling machines.
This technology literally is state of the art

This technology literally is state of the art

February 21, 2015 The Cleveland Museum of Art, already a technology pioneer with its ArtLens app and the interactive Gallery One, is stepping up its digital game.

Fun is just starting for student venture fund

February 21, 2015 The Northeast Ohio Student Venture Fund has generated its first profit: $833.33. For the first time, the fund — which is run by graduate students at six local colleges — received a check from one of the companies in its investment portfolio last week.

Geauga County wants a piece of region's film action

February 21, 2015 Geauga County has a message for Hollywood: 'We're open for business, too!' The nonprofit Geauga Growth Partnership has booked Cleveland Film Commission president Ivan Schwarz as the keynote speaker for its annual meeting this summer.

OurPet's Co. agrees to purchase certain assets of Oswego, Ill.-based Molor Products Co.

February 20, 2015 Products that are part of the deal include the full-size and mini Food 'N' Fountain deluxe cat and dog bowls; the Cat Buffet; the EZ Store Raised Dog single bowl; and other pet bowls currently sold under the Festiva brand.

Locally owned independent Internet station oWOW brings 'timeless' rock music to Cleveland 

February 20, 2015 Cleveland radio industry veterans John Gorman and Jim Marchyshyn are principal partners in oWOW. Gorman will serve as chief content officer, and Marchyshyn is director of sales and marketing. oWOW was launched by WOW Media L.L.C of Cleveland.

Malish Corp. acquires assets of California-based Brooms & Brushes International

February 20, 2015 The acquisition expands the product offering of the Willoughby-based maker and marketer of brushes for commercial floor cleaning machines in the restaurant supply industry.
Jonathon Sawyer named a James Beard Foundation Awards semifinalist for 2015

Jonathon Sawyer named a James Beard Foundation Awards semifinalist for 2015

February 18, 2015 The chef and owner of The Greenhouse Tavern, Trentina and Noodlecat is one of 20 semifinalists in the category of Best Chef: Great Lakes, which encompasses Illinois, Indiana, Michigan and Ohio. Sawyer was a finalist in 2014 in the same category.

Riverside Co. invests in Texas-based provider of remote video surveillance

February 18, 2015 The local private equity firm sees growth potential in Pro-Vigil, which serves industries including auto dealerships and construction sites.
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