Business Announcements

Codonics President and CEO Peter Botten recently attended the U.S.-China Business Roundtable hosted by the U.S. Chamber of Commerce.        

Vice President Biden and Chinese Vice President Xi were joined by U.S. Treasury Secretary Timothy Geithner, Commerce Secretary John Bryson, Trade Representative Ron Kirk, U.S. Ambassador to China Gary Locke, and 22 CEOs from the United States and China.  The group convened to discuss the opportunities and challenges in the bilateral commercial relationship. 

The roundtable was co-hosted by the U.S.-China Business Council and the China Council for the Promotion of International Trade (CCPIT).

“I was honored and humbled to be asked by Vice President Biden to be part of the roundtable,” said Mr. Botten. “Exports to China represent 25% of Codonics’ export revenues.”

Codonics is focused on solutions that improve patient safety by reducing medication errors worldwide. 

“With over a decade of installations in China, our products have been involved with tens of millions of procedures, advancing the healthcare in the People's Republic of China,” Mr. Botten explained. “Our efforts with Ministry of Health agencies around the world are augmenting awareness of medication problems, introducing best practices and applicable standards, and providing solutions to medication errors even in countries where specific standards or governmental oversight is yet to exist,” stated Botten.

Other U.S. CEOs in attendance included: Muhtar Kent, Chairman and Chief Executive Officer, The Coca-Cola Company, and Chair US-China Business Council; Greg Brown, Chairman and Chief Executive Officer, Motorola Solutions; Robert Iger, President and Chief Executive Officer  The Walt Disney Company; Ellen Kullman, Chair and Chief Executive Officer, DuPont; Keith Williams, President and Chief Executive Officer, Underwriters Laboratories; Lloyd Blankfein, Chairman and Chief Executive Officer, Goldman Sachs; Alan Mulally, President and Chief Executive Officer, Ford Motor Company; Ginni Rometty, President and Chief Executive Officer, IBM; and Scott Davis, Chairman and Chief Executive Officer, UPS.

U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement, “Today was a great opportunity for business leaders to exchange views on bilateral trade and investment opportunities and discuss challenges with the vice presidents and top officials of both countries.”

The U.S. Chamber of Commerce is the world’s largest business federation, representing the interests of more than three million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

About Codonics Inc.

Headquartered in Middleburg Heights, Codonics designs, manufactures, sells and supports medical imaging and medication safety systems. Codonics products are widely used in the medical industry, with tens of thousands of installations worldwide. Codonics’ mission is to improve healthcare for patients and providers and lower costs through improved safety and efficiencies. Codonics’ global sales and service network extends to over 110 countries. The company won the 2011 President’s E-award recognizing Codonics for its export excellence.

J.R. Johnson Engineering, Inc., 6673 Eastland Road, has been providing superior engineering, design, inspection, construction and scheduling services for more than 17 years. The firm specializes in light/heavy industry, manufacturing, waste treatment, preliminary engineering, cost analysis and field services. Their website is www.jrje.net.

In addition to civil/structural, mechanical and electrical engineering services, the company also performs Cost Segregation and Reserve Studies.

Cost Segregation Studies separate the portion of a building’s cost that can be depreciated on an accelerated basis to allow the building owner save money. If you have recently purchased or built a building, a Cost Segregation Study is one of the best tools to help you save money and improve cash flow.

A Reserve Study is a review of a Condominium or Homeowners Association for all repairs and future replacement needs for all “common elements” of a Condominium or Homeowners Association. It forecasts a timeline for these repairs and an estimated budget. It then analyzes whether the current association fees will cover these future expenditures or if an adjustment is necessary. The goal is to eliminate the practice of special assessments to cover property repairs.

J.R. Johnson Engineering’s mission is to develop long-standing business relationships and rapport by helping clients solve their engineering, design and construction management problems in a timely and cost-effective manner, and by communicating effectively with them. Their office phone is 440.234.9972

A free technology expo – showcasing digital signage, video conferencing, interactive display technologies, video analytics and more – will be hosted by Audio Video Interiors & Safety Technologies on April 26 and 27.

The event will take place in their showroom at 7204 Pearl Road, Middleburg Heights. 

The focus of the event will be current trends and training in security & audio/visual technologies for business, education and industry. Manufacturer representatives will provide demonstrations and presentations. Several CEU courses and sessions will be offered for both industry professionals and end-users as well. 

Business owners, I.T. and security professionals, educators, facility and purchasing managers, architects, designers and specifiers, corporate consultants, and anyone interested in corporate solutions will benefit by attending.

Thursday, April 26, 10 a.m. – 7 p.m.

Friday, April 27 10 a.m. – 2 p.m.

Additional information, course schedule and registration can be found at:

http://conta.cc/HyCMt8

A new ACE Hardware store opened its doors on October 12 in Middleburg Heights. Located at 15250 Bagley Road, it brings the company’s unique blend of nationally recognized customer service and quality home improvement knowledge and products to Middleburg Heights residents.

The store has been designed to reflect the needs of the Middleburg Heights community, including solutions to everyday home improvement needs, as well as an extensive array of high-quality categories and products such as Craftsman Tools and Benjamin Moore Paint.

“Our mission is to provide customers with convenience combined with superior service through one-on-one expert advice and assistance,” says Nev Cefo, president and CEO of Cefo Enterprise Corp. d.b.a. Ace Hardware Middleburg Heights. “We look forward to becoming a helpful and valuable neighbor to the community, both inside and outside the walls of our store.”

The 10,500 square foot store is packed with thousands of essential products and supplies, including some of the most respected brand names and best-selling items in the home improvement marketplace. Key product offerings include power and hand tools, paint, lawn and garden, hardware, electrical, plumbing, automotive, cleaning, hardware, and home décor as well as seasonal products.

The grand opening festivities will take place during regular store hours on Friday, Saturday and Sunday, November 4, 5 and 6. Mayor Gary Starr will help celebrate the event with a “Board Cutting” Ceremony at 11am on Friday, November 4. The weekend will be filled with specials for shoppers and their family members, including the Ace Rewards program.

• Store Hours: Monday-Saturday, 8 a.m. to 8 p.m.; Sunday, 8 a.m. to 4 p.m.
• Address: 15250 Bagley Road, Middleburg Heights Ohio 44130
• Phone: 440.888.7910