Emily Lundgard, (216) 348-4395
Jeane’ Holley, (216) 698-2544
CLEVELAND – USA Insulation, a 100% family owned business, will relocate its headquarters to Cuyahoga County with the help of a $380,000 loan from Cuyahoga County’s Western Reserve Fund.
“Since I took office, I have expressed that my main priority is jobs, jobs, jobs,” said Budish. “With our help, USA Insulation is relocating and bringing more jobs to Cuyahoga County. My administration will continue to prioritize the attraction, retention, and growth of businesses.”
Established in 1977, USA Insulation specializes in home insulation and other products that reduce energy bills for homeowners while making their homes healthier and more comfortable all year round. The company achieves maximum energy efficiency for homes with its whole-house approach that includes attic and wall insulation, as well as air sealing. USA Insulation has insulated more than 30,000 homes nationwide, saving homeowners millions of dollars on their heating and air conditioning bills while reducing their carbon footprint.
Financial assistance was provided to assist with the purchase of a 23,200 square foot facility located in Cleveland and equipment. The estimated total project cost is over $1 million.
The USA Insulation project is expected to create 20 new to the county jobs; generate approximately $945,000 in payroll; and eliminate blight by redeveloping a vacant building;
The project will be funded from the county’s Western Reserve Fund, a revolving loan fund that provides financing to job-creating and job retaining projects in the county. The overarching goal of the Fund is simple: make $100 million available to spur county job creation and economic growth.