Survey: One-Third of Northeast Ohio Manufacturers Open to Selling Business

12/21/2023

According to a recent survey of more than 200 Northeast Ohio manufacturing business owners, about one-third are considering or open to selling their business in the next year. Crain’s Cleveland Business reports the survey was conducted by OMA Connections Partner MAGNET, the region’s Manufacturing Extension Partnership. Ethan Karp, MAGNET’s president and CEO, said many smaller manufacturing companies “can benefit from merging and have a better economy of scale.” 12/20/2023

Top