Nestle, Lincoln Electric Expand
February 24, 2012 – Hot Pockets are soon to become a product of Cleveland. Nestle announced they’ll be moving their Hot Pockets and Lean Pockets production to their headquarters in Solon.
The Solon location already makes several popular brands such as Stouffer’s and Lean Cuisine frozen dinners as well as Nestle Toll House refrigerated cookie dough. Any new jobs that will result from the new production will augment the 170 added in Solon over the last few years. Nestle currently employs over 1,900 Clevelanders, making it one of the region’s larger employers.
Lincoln Electric Expands
Lincoln Electric announced they will be investing $40 million in its Euclid factory, which will add an additional 200 jobs to the area. Headquartered here, Lincoln currently employes 2,200 people in the greater Cleveland area. These are good paying manufacturing jobs too. In 2011 the average profit-sharing bonus was over $30,000. It was the highest bonus in the company’s history.
Lincoln Electric is home to one of the largest wind turbines in Ohio.