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American Greetings Keeping HQ in Northeast Ohio with Tax, Incentive Aid

American Greetings Corp., maker of greeting cards, has announced that it will keep its corporate headquarters in northeast Ohio. The company has not yet announced a specific city for its location. Tax incentives from state Governor John Kasich are supporting the company's facility.

"Governor Kasich is keeping a commitment he made to us last year to look for ways to make American Greetings more competitive and encourage us to keep our headquarters and our jobs in Ohio," said company CEO Zev Weiss. "The state convinced us that Ohio is indeed open for business and is aggressively working to retain and grow jobs. We will, this year, begin to invest in the development of a world-class headquarters in greater Cleveland."

Ohio has committed $15 million in loans and $3.5 million in grants to American Greetings. The company will invest tens of millions of dollars in the project.

American Greetings currently has headquarters in Brooklyn, Ohio.

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