Toledo Clinic keeping 500 jobs in Toledo
Written by Duane Ramsey | | news@toledofreepress.comThe Toledo Clinic announced its commitment to stay at its current location on Secor Road in Toledo keeping 500 jobs in the City for at least the next 12 years.
Steve Hammer of Toledo Clinic.
Company officials and Toledo Mayor Carty Finkbeiner made the announcement Dec. 9 at the Toledo Clinic.
“It’s extremely important to keep the Toledo Clinic in the City of Toledo,” said Finkbeiner. “We’re very grateful to the Toledo Clinic’s commitment to Toledo with its history in our city dating back to 1926.”
The City is providing the Toledo Clinic with two financial incentives to keep those 500 jobs in Toledo, according to Don Monroe of the City’s Department of Development, who worked with the company over the past nine months to make it happen.
The Toledo Clinic will receive a Toledo Jobs Tax Credit, a 10 percent rebate on any increase in municipal payroll taxes paid over the next 10 years. Another 40-percent Municipal Expansion Tax Credit will apply to every 25 new jobs as approved by the State of Ohio.
“We’re focused on keeping jobs in Toledo by working with the City,” said Fred Makowski, administrator of The Toledo Clinic, which generates $120 million in sales and $60 million in payroll per year.
The Toledo Clinic expects to add 30 new jobs over the next year at its headquarters and other locations, according to Steven Hammer, director of human resources.
“We’re pleased to receive the support from the City of Toledo. We looked at other locations, including sites in Sylvania Township, but our best option was to stay here in Toledo.” Hammer said.
Hammer said they need to expand the parking lot and are looking at a possible expansion of the facilities at the Secor Road campus next spring.
“We see growth opportunities here for the next three to five years,” he said..
More than 100 physicians in 30 different disciplines practice at the Toledo Clinic that serves more than 460,000 patients at 45 offices throughout northwest Ohio and southeast Michigan, according to the company.
The Secor Road location includes an outpatient surgery center where approximately 900 surgeries and procedures are performed each month, according to company officials. It provides a full-service laboratory, pharmacy, and diagnostic equipment for PET/CT scans, MRI ultrasound, CT and digital mammography.
The Toledo Clinic is a physician-owned independent company that partners with ProMedica Health Systems and other healthcare providers in the area. It leases the space at the Secor Road campus from ProMedia, said Hammer.
Finkbeiner also reported that Governor Ted Strickland told him recently that “Toledo is well-positioned when the economy comes out of its current slump. The governor has more confidence in Toledo than any other city in Ohio.”
Tags: Toledo Clinic
This is fairly good news, too bad and waaaay too late for the hundreds of other companies who split Little Detroit , who weren’t offered anything to stay . Empirically, Kapturd, would call the Toledo Clinic GREEDY, for this blatant extortion. Someone must have informed this multimillionaire ‘movie star’ that , T-Town is in dire straits and keeeping 500 jobs is imperative ! Apparently, even Old Yellow Demonrat dogs can edify when forced to…pathetic, it takes 27 torturous job killing years to accomplish !
This comment was posted on December 10th, 2009 at 11:42 amStrickland will say anything positive about anyone or any city to help him get reelected.
This comment was posted on December 10th, 2009 at 4:52 pmthat is excellent news,and also the
“The Toledo Clinic will receive a Toledo Jobs Tax Credit, a 10 percent rebate on any increase in municipal payroll taxes paid over the next 10 years. Another 40-percent Municipal Expansion Tax Credit will apply to every 25 new jobs as approved by the State of Ohio.”
great end to the year!
This comment was posted on December 30th, 2009 at 11:47 pm