|
| ||
| ||
|
This is a temporary banner! This banner will be removed as soon as a Realtor registers on this page. | ||
|
Manufacturing provided the historic supports to Cleveland’s economy. But heavy industry in the city was hard hit in the later part of the 20th century, with aging plants unable to compete with cheaper goods from overseas. Manufacturing employment declined by about one-third from the 1970s; today it accounts for only about one-fifth of the labor force. Nevertheless, manufacturing remains important and will likely stay a central part of the economy because the city is within a short transportation distance of many of the country’s people. Since the 1970s the economy has also diversified, adding business services, high technology, and tourism to its traditional base. This helps the city weather downturns in any one industry. Cleveland is the home of many large manufacturers—among them are TRW (transportation components), the Eaton Corporation (vehicle power train components, electrical equipment, and controls), LTV Corporation (steel products), Sherwin Williams (paints and varnishes), Parker Hannifin (motion control components), and American Greetings Company (greeting cards). Hundreds of smaller manufacturing plants, led by the makers of machinery and machine tools, transportation equipment, electrical equipment, fabricated metal products, and plastics and polymers, are located throughout the Cleveland metropolitan area. Research and development in Cleveland includes biomedical engineering drawing on university and hospital research programs, and polymer research based on years of experience in plastics and rubber manufacture. The Lewis Research Center of the National Aeronautics and Space Administration (NASA) is situated near Cleveland’s airport. Cleveland is a distribution center and a market for raw materials. Large quantities of iron ore, limestone, sand and gravel, iron and steel products, petroleum products, and cement pass through the city’s port annually. Diversified international trade is steadily becoming more important, in part a consequence of the St. Lawrence Seaway, which opened the city to oceangoing ships. Leading exports are chemicals, industrial machinery, and electronic equipment. Cleveland is a principal transportation center of Ohio. It has major railroad and airline facilities, as well as shipping lines, trucking companies, and bus lines. The Greater Cleveland Regional Transit Authority serves the entire metropolitan area with bus and rapid transit service. Commercial air transportation is through Cleveland-Hopkins International Airport, an airline hub. Interstates 80 and 90, combined as the Ohio Turnpike, fork at the western reaches of Cleveland, with Interstate 90 passing through the heart of the city along the lakeshore and Interstate 80 collecting traffic through the southern suburbs. The city is the northern terminus of Interstate 71, from the southwest, and Interstate 77, from the south. | ||
|
Realtors, click here to register on this site. Real Estate: United States - Ohio Vacation Rentals: United States - Ohio
Official Website for the City of Cleveland, Ohio Although we try to be as vigilant as possible, we are not responsible for any incorrect information or any misrepresentation that may occur on our site. ©1996 - 2008 America Real Estate Directory. All rights reserved. |