Growing technology company to add 150 new positions
Park Place Technologies, a global IT infrastructure services and solutions provider, today announced plans to expand its workforce in Mayfield Heights, adding 150 jobs to its existing local workforce of 467. The Ohio Department of Development (ODOD) approved the project for tax credit assistance at its meeting today.
Park Place Technologies has significantly increased its domestic and international operations through acquisitions and organic growth. The company provides critical IT infrastructure to organizations ranging from government, higher education and health care institutions to cloud service providers and Fortune 500 companies. In addition to its Mayfield Heights headquarters, Park Place Technologies also operates a warehouse in Solon, Ohio, with 20 employees.
“Park Place Technologies is committed to growth and innovation,” said Chris Adams, Park Place’s President and CEO. “Thanks to the support from JobsOhio, we can ensure that innovation is fueled by job creation and retention in our Cleveland HQ location. As the world continues to strive for a new normal following the emergence of COVID, we’re thrilled to commit to the Cleveland area and provide employment opportunities in a thriving technology sector for years to come.”
Park Place Technologies chose to expand in the Northeast Ohio Region versus competitive out-of-state alternatives due in part to a tech-savvy workforce, fueled by partnerships forged with universities in the region. An economic development team comprised of JobsOhio, Team NEO and ODOD worked with company executives to ensure park Place Technologies grew its operations in Northeast Ohio.
“Park Place Technologies’ commitment to expand here is a testament to the Northeast Ohio Region’s diverse and talented workforce pipeline driving innovation well into the future,” said Team NEO CEO Bill Koehler, “Along with JobsOhio and our local partners, all of us at Team NEO look forward to supporting Park Place Technologies’ ongoing success.”
About Park Place Technologies
Park Place Technologies is a global IT infrastructure services and solutions provider with a unique portfolio of solutions and services designed to streamline the monitoring and management of your digital environment.
Park Place’s unique DMSO (Discover, Monitor, Support & Optimize) approach increases infrastructure visibility and control by integrating IT management at the hardware, network, OS and application levels.
Park Place’s industry-leading and award-winning services include Park Place Hardware Maintenance™, Park Place Professional Services™, ParkView Managed Services™, Entuity™ software and Curvature Hardware sales. For more information, visit www.parkplacetechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.
About Team NEO
Team NEO is a private, nonprofit economic development organization accelerating business growth and job creation throughout the 18 counties of the Northeast Ohio Region. As the designated JobsOhio Network Partner, we align and amplify local economic development efforts in the region’s 18-counties; we conduct research and data analysis to inform local conversations and influence solutions; we market the Northeast Ohio Region; and we work to increase access to jobs, education and training for the region’s 4.3 million people. We do this to build a more vibrant regional economy; one that is more talented, equitable, competitive, innovative, resilient and prosperous. For more information, visit teamneo.org.
About JobsOhio
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.