Fortune 500 Companies
Recently, Northeast Ohio has been named the 12th largest economic region in the United States, sustaining a $170 billion economy that will continue to grow and diversify due in large part to a highly educated and motivated workforce.We are central to 27 accredited colleges and universities not to mention an array of businesses in top industries including BioMedical, Advanced Energy and Manufacturing, Insurance and Financial Services. Big businesses headquartered in Northeast Ohio are adding reputable jobs, strengthening the economy, and improving the community as a whole.
Today nearly 150 international companies call Northeast Ohio home, twenty-seven of which were featured on the Fortune 500 list of America’s largest corporations, ranked in order by revenue. With ample opportunity for growth and expansion, businesses in Northeast Ohio have experienced a considerable amount of success.
We are the second largest city in Ohio, nestled along the edge of lake Erie, with one of the largest metropolitan areas that the nation has to offer. A growing number of new and expanding corporate facility projects in the downtown area make Cleveland the ideal economic destination for businesses of all scopes and sizes.
Northeast Ohio is home to Goodyear Tire and Rubber Company, an innovative firm that develops and sells all purpose tires internationally. Today Goodyear is one of the world’s leading tire companies with 52 plants operating in 22 countries. Humbly founded in Akron Ohio in 1898, Goodyear has expanded to become the number one tire-maker in North and Latin America and the second largest tire manufacturer in Europe.
Also headquartered in Northeast Ohio is FirstEnergy, a diversified energy company that was formed in 1997. Today FirstEnergy’s ten distribution companies combine to exemplify one of the nation’s largest investor-owned electric systems with over 65,000 square miles of service territory across six North American states. FirstEnergy serves nearly six million residential, commercial, and industrial customers throughout the midwest and atlantic regions, employing approximately 16,500 people nationwide.
Bringing 160 years of professional experience to downtown Cleveland, KeyBank provides investment management, retail, and commercial banking services to customers throughout the United States. Today KeyBank is one of the largest financial service companies in the country with approximately $92.2 billion in assets and nearly 14,783 employees. KeyBank offers corporate banking nationwide and community banking in twelve states
Established in 1866 as a neighborhood paint store, Sherwin-Williams has experienced monumental success throughout the United States and around the world. Today Sherwin-Williams is the largest producer of paints and coatings in the U.S. and is among the world’s largest producers. With three straight years of record sales, steady increases in customers and purchases, and 3,520 locations between the U.S. and Canada alone- Northeast Ohio is a proud home to this thriving company.
Headquartered in Northeast Ohio, Progressive is one of the largest auto insurers in the United States with over 10 million policies in place. Beginning with an innovative approach to auto insurance in 1937, Progressive is now a leading insurer of boats, motorcycles, RV’s, homeowners, and renters (to name a few). Available to its customers 24/7 online or by phone, Progressive emphasis fast, friendly service in its approach to customer service. Progressive now employs nearly 25,000 people in 450 offices throughout the country#
With 100 years of innovation in power management, Eaton provides energy-efficient solutions designed to maintain electrical, hydraulic, and mechanical power safely and effectively. Eaton has recently made Northeast Ohio host to yet another one of its headquarters. Employing approximately 1,800 people at ten Cleveland locations and 102,000 people at its global headquarters in Dublin, Ireland. Eaton sells products to customers in more than 175 countries around the world.
Our Pride and Joy
North America’s largest chain of full service travel centers, headquartered in Westlake Ohio, introduced its first line of national truck stops in 1997 to serve drivers and motorists alike. With over 30 years of professional experience serving travelers across the country, TravelCenters of America strives to make stops convenient and more enjoyable by providing diesel, gasoline, and a variety of full service restaurants to its customers. TravelCenters of America currently employs approximately 12,000 people in 165 sites nationwide.
As a major global producer of iron ore and high/ low volatile metallurgical coal, Northeast Ohio is the proud home to Cliffs Natural Resources, one of the world’s largest companies in today’s mining industry. In operation since 1965, Cliffs Natural Resources primarily focuses on the world’s largest and fastest growing steel markets as a strategy to further diversify within the mining industry. This independent firm currently operates with mining facilities in North America, Canada, and Australia.
Humbly founded in 1899, Timken Company has grown to become an industrial technology leader in designing and manufacturing high-performance steel parts, mechanical power transmission systems, and related products worldwide. The firm operates under four segments: Mobile Industries, Process Industries, Aerospace and Defense, and Steel, which each offer differentiated products and service solutions. Timken currently employs nearly 25,000 employees in 30 countries around the world.
Aleris, a relatively young company in the international Aluminum recycling industry, has reached a level of success that would take most businesses a decade to achieve. Formed through a merger of Commonwealth Industries and IMCO Recycling in 2004, Aleris has since been named one of the leading companies in the industry based on capital. Aleris provides a wide variety of Aluminum-based products for industries such as Aerospace, Automotive, Defense, packaging, and transportation for North America, Europe, and Asia.
From the enhanced development of the fruit fillings business and the acquisitions of domestic natural juice and peanut butter companies, JM Smucker has experienced tremendous growth and expansion since its first operation in 1897. Smuckers operates among 20 locations throughout the U.S., where it generates approximately 91% of its revenue. The company also has an international presence with manufacturing facilities in Canada, Mexico, and China.