Born and raised in Cleveland, industrial designer and entrepreneur Mike Maczuzak started his firm SmartShape Design in the late 1980s amid the early end stages of steel, rubber, and plastic manufacturing in Northeast Ohio.
The loss of heavy manufacturing hit the lifelong Ohio resident hard—manufacturing employment down more than a third—but the rise of the health care industry has offered a much-needed replacement.
"In the last 25 years, we've seen a lot of manufacturing leaving our region and our country," said Maczuzak, but fortunately for Cleveland, the medical industry is really stepping in to save us."
Maczuzak credits the Cleveland Clinic's breakthroughs in heart care for attracting physicians, scientists, and perhaps most importantly innovation. According to BioEnterprise, a Cleveland business recruiting initiative, there are now more than 700 biomedical businesses in the city that have attracted more than $1 billion dollars in new investment since 2002.