The Lincoln Electric Company will construct a new Welding Technology Center on its Euclid, Ohio campus. The new Center will focus on the training of welding educators and industry leaders to address the rising demand for welding education and career pathways in welding and advanced manufacturing.
Project Partners: Development Fund of the Western Reserve, Chase, City of Euclid, Cuyahoga County, State of Ohio
| Completed | 2018 |
|---|---|
| Location | 22800 St. Clair Avenue |
| Project Type | Commercial; New construction/ renovation |
| Program | 130,000 SF training center |
| Sponsor | The Lincoln Electric Company |
| CDA Investment | $5 million NMTC allocation and Ohio NMTC allocation |
| Total Project Costs | $24 million |
| Community Demographics | Poverty Rate: 25.4% Median Income: 64.34% Unemployment Rate: 12.7% |
The project will create 40 jobs.
The investment will provide skilled workforce development opportunities for Low Income Persons and Residents of Low Income Communities.
The project sponsor committed to construction participation goals for Minority and Female Businesses (MBE/FBE) as well as minority and female workers.
The project sponsor has committed to quantifiable community impacts by executing a Community Benefits Agreement.
