OverDrive Will Expand Its Headquarters in Northeast Ohio

OverDrive will build out approximately 7,000 square feet of unoccupied space to accommodate over 400 employees.
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Company Name: OverDrive
Location: Garfield Heights
Industry Sector: Technology
Company Profile: Serving a growing network of 73,000 libraries and schools in 88 countries, OverDrive delivers the industry’s most extensive digital catalog of ebooks, audiobooks, magazines, and other content through award-winning apps. The Libby reading app for libraries is one of Popular Mechanics’ 20 Best Apps of the Decade, while the student reading app Sora is one of TIME’s Best Inventions of 2019. Founded in 1986, OverDrive is based in Cleveland, Ohio, USA, and was named a Certified B Corp in 2017.
Company Website: www.overdrive.com

Project Summary:

  • Type of Project: Expansion
  • Jobs:
    • Jobs committed: 75
    • Jobs retained: 391
  • Capital Investment: $424,648

Company Need:

OverDrive currently employs 400 staff – including 80 degreed librarians and educators – working with more than 73,000 libraries and schools worldwide. Fueled by accelerated growth in digital learning, OverDrive must grow its facility and increase its workforce.

Testimonial:

“Our mission fuels everything we do at OverDrive, and as a Certified B Corp we use our business as a force for good by providing access to the best digital content through schools and public libraries. As a result of the growing demand for eBooks, digital audiobooks and streaming media, we are excited to add even more passionate and talented people to our team here in Northeast Ohio.”
-Lori Franklin, chief operating officer, OverDrive

 
Why Ohio?

OverDrive will expand its headquarters in Ohio, tied to its long-time home and its loyal workforce.

Technology (tech) is one of Ohio’s fastest-growing industries with workforce expertise and resources that support artificial intelligence, cybersecurity, IoT, and more. In Ohio, companies can operate at a fraction of the cost compared to coastal locations, including Silicon Valley and New York City, because Ohio’s lower cost of living leads to an overall lower price of doing business. 

Team NEO and JobsOhio have supported OverDrive in past growth opportunities and are delighted to offer a workforce grant and an economic development grant for this expansion. This support ensures the company will hire workers in Ohio versus work-from-home positions outside the state.

CLICK HERE to read the full release. 

Collaborators:

JobsOhio and Team NEO