The incentive package from the Cuyahoga County's Western Reserve Fund included a $650,000 loan to the company, which manufactures personal defense, security and electronic surveillance products.
"The move will increase manufacturing efficiencies, reduce transportation and logistics costs while making a strong contribution to the local economy with the job growth we're bringing to the region," said company Chief Executive Officer John McCann. "We looked in Cuyahoga County because we knew that it was going to be a great place for our business.
"The way that Cleveland and Cuyahoga teamed up to put the right incentives together made our location decision easy for me and our business."
The county assistance was for the purchase and renovation of the freestanding 49,335-square foot manufacturing facility. A total of 47 jobs will be created because of the move.
"Mace is a global brand and we are honored to say that their new headquarters are right here in Cleveland," said Cuyahoga County Executive Ed FitzGerald. "Their move brings jobs to the county, and situates Mace into a new location that is ideal for their growth."
Mace Security was previously located in Horsham, Pennsylvania.
Notable deaths of 2014 [PHOTOS]