{"id":1004050202,"date":"2012-11-02T14:48:27","date_gmt":"2012-11-02T22:48:27","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=78048"},"modified":"2020-04-07T09:43:54","modified_gmt":"2020-04-07T17:43:54","slug":"hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/","title":{"rendered":"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ"},"content":{"rendered":"<p>By Adrian Maties, Associate Editor<\/p>\n<p style=\"text-align: justify\">Earlier this month, the city of Westlake&#8217;s planning commission approved Hyland Software Inc.\u2019s plans to build an office across the street from its headquarters on Clemens Road.\u00a0 Last week, the company won Ohio tax credits meant to encourage it to go ahead with the expansion project and add 387 jobs as well.<\/p>\n<p style=\"text-align: justify\">Hyland Software is one of the most <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-78049\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg\" alt=\"\" width=\"300\" height=\"199\" \/><\/a>important companies in Cleveland. It was established in 1991 by Packy Hyland Jr., and according to its Web site it currently has more than 1,200 employees. Hyland\u2019s offices can be found in several locations throughout the United States, as well as in S\u00e3o Paulo, London and Tokyo.<\/p>\n<p style=\"text-align: justify\">The tech company acquired Nordson Corp.&#8217;s headquarters building and nearly 20 acres of the 25-acre campus on Clemens Road in 2008. It now plans to add a third three-story, 112,000-square-foot building just across the street from its headquarters. This new building should be large enough to house 700 employees. The tax credit is a rebate of 50 percent of Hyland Software\u2019s state tax owed over the next five years. Hyland has to add 387 jobs and $13.5 million in payroll for the next eight years to keep the tax credits.<\/p>\n<p style=\"text-align: justify\">Companies like Hyland provide important help to the local economy. They add high-paying jobs and bring in outside money.<\/p>\n<p style=\"text-align: justify\">In other real estate-related news, Diebold Inc. has indefinitely suspended its plans to construct a new $100 million global headquarters building. The ATM maker is committed to remaining in its current location in Green, Ohio.<\/p>\n<p style=\"text-align: justify\">Plans called for the new headquarters to be built on 55 acres of land near the intersection of Massillon Road and Town Park Boulevard. Thomas Swidarski, Diebold&#8217;s president &amp; CEO, said, \u201d Investing more than $100 million in a headquarters facility is not economically feasible, given the other priorities for the business at this time.\u201d The company will focus on growing its business through investment and acquisitions and therefore needs \u201dadequate capital flexibility.\u201d<\/p>\n<p style=\"text-align: justify\">Diebold will decline the various state and local financial incentives it was previously offered. These incentives, valued at more than $57 million, will now be available for other companies.<\/p>\n<p>&nbsp;<\/p>\n<h6>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Photo credits: <a href=\"https:\/\/www.facebook.com\/HylandSoftware\" target=\"_blank\" rel=\"nofollow\">www.facebook.com\/HylandSoftware<\/a><\/h6>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier this month, the city of Westlake&#8217;s planning commission approved Hyland Software Inc.&rsquo;s plans to build an office across the street from its headquarters on Clemens Road.<\/p>\n","protected":false},"author":1269,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1584,21742],"tags":[39423,1815],"class_list":["post-1004050202","post","type-post","status-publish","format-standard","hentry","category-cleveland","category-latest","tag-cleveland","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ\" \/>\n<meta property=\"og:description\" content=\"Earlier this month, the city of Westlake&#039;s planning commission approved Hyland Software Inc.&rsquo;s plans to build an office across the street from its headquarters on Clemens Road.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2012-11-02T22:48:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-07T17:43:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/\",\"name\":\"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg\",\"datePublished\":\"2012-11-02T22:48:27+00:00\",\"dateModified\":\"2020-04-07T17:43:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#primaryimage\",\"url\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg\",\"contentUrl\":\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/","og_locale":"en_US","og_type":"article","og_title":"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ","og_description":"Earlier this month, the city of Westlake's planning commission approved Hyland Software Inc.&rsquo;s plans to build an office across the street from its headquarters on Clemens Road.","og_url":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2012-11-02T22:48:27+00:00","article_modified_time":"2020-04-07T17:43:54+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg","type":"","width":"","height":""}],"author":"the Editors of Commercial Property Executive","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/","url":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/","name":"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg","datePublished":"2012-11-02T22:48:27+00:00","dateModified":"2020-04-07T17:43:54+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2012\/11\/364_29528083735_3444_n.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hyland-gets-tax-breaks-for-westlake-expansion-diebold-suspends-plans-for-new-hq\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Hyland Gets Tax Breaks for Westlake Expansion; Diebold Suspends Plans for New HQ"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b82b91678533ae5d40e3240086a42bb","name":"the Editors of Commercial Property Executive","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fc4d938ac2881d5bcae0ddd8397983de4563e191bf8314571185ff32f8f83ea6?s=96&d=mm&r=g","caption":"the Editors of Commercial Property Executive"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/theeditorsofcommercialpropertyexecutive\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004050202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1269"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004050202"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004050202\/revisions"}],"predecessor-version":[{"id":1004411866,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004050202\/revisions\/1004411866"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004050202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004050202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004050202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}