Tractor Supply Company Breaks Ground for New Distribution Center

Site provides access to workforce talent and transportation and logistics efficiencies Wednesday’s ceremonial groundbreaking for Tractor Supply Company, the largest rural lifestyle retailer in the U.S., marked the company’s plans to open a distribution center in the village of Navarre. The company, which operates roughly 1,900 stores in 49 states, is making an initial investment[…]

2021 NODE May Virtual Partner Meeting

Meeting Recap and Recording Tuesday, May 25th, 2021 Lost Opportunities: The pandemic’s impact on Northeast Ohio’s working women Working women in the workforce is vital to our competitiveness as a region. While the pandemic had impacts on this talent pool, systemic issues have led to unequal pay, rigid maternity and paternity policies and hiring biases[…]

Team NEO Examines the Pandemic’s Economic Impact on Working Women

Even before the pandemic, systemic issues led to unequal pay, rigid maternity and paternity policies and hiring biases Team NEO’s latest economic research report examines the COVID-19 pandemic’s impact on working women through a diversity, equity and inclusion lens. Team NEO released the report, Lost Opportunities, presented by ZayMat Distributors, today with a virtual launch[…]

Lost Opportunities Virtual Launch Event Recap

Lost Opportunities Event Recap & Video Recordings On May 19th, 2021, Team NEO held a virtual event to release the new report: Lost Opportunities: The Pandemic’s Impact on Northeast Ohio’s Working Women. The report findings detail how women’s concentration in industries and occupations hard hit by social distancing restrictions has compounded impacts from school closures,[…]

OmniTRAX and Team NEO Partner to Attract New Manufacturing Prospects to Northeast Ohio

40 acres of greenfield and more than a quarter of a million square feet of industrial space earn Rail-Ready Site status for their strong infrastructure, workforce and proximity to major markets OmniTRAX, Inc., a comprehensive logistics solutions provider and the transportation affiliate of The Broe Group, is launching new Rail-Ready Sites on the Cleveland and[…]

How Team NEO and Economic Development Partners Work Together

Team NEO Investor Update Webinar – April 2021 Team NEO investors joined us on Thursday, April 29th for an exclusive meeting with the leaders of our metro area economic development partners: Baiju Shah, President & CEO, Greater Cleveland Partnership Steve Millard, President & CEO, Greater Akron Chamber Ray Hexamer, President & CEO, Stark Economic Development[…]

MAI Capital Management Grows in Independence

Expansion will bring 50 new jobs to the area MAI Capital Management, LLC (“MAI”), has announced plans to relocate their headquarters from Cleveland to Independence, Ohio after considering a number of opportunities, including locations outside of Ohio. The independent registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families intends[…]

Superior Roll Forming Announces New Growth in Valley City

Company plans to expand production operations, adding 150 new jobs Superior Roll Forming, a Welser Profile company, moved another step forward in its plans to expand in Valley City, as the Ohio Tax Credit Authority approved the project for tax credit assistance at its meeting today. A leading supplier for the automotive, aerospace, construction and[…]

Coastal Pet Products Plans Expansion in Alliance

Growth will bring 74 new jobs to the Northeast Ohio Region Coastal Pet Products, a leading manufacturer of pet collars, leashes, harnesses and other products, plans to expand as the company continues to stay at the forefront of the pet industry. In addition to adding 74 new hires, Coastal Pet Products will retain 450 employees[…]

New Economic Projections for Northeast Ohio in 2021

Team NEO provides updated forecasts based on March 2021 data from Moody’s Analytics The Northeast Ohio Region may have cause for renewed optimism. Recent calculations by Team NEO, based on March 2021 annualized national and local projections from Moody’s Analytics, indicate improvements over previous projections. Specifically, in 2021: Employment is projected to grow 1.7%, up[…]