Team NEO Names 2020 Regional Economic Development Champions

Leaders recognized for their work to advance the region This morning Team NEO recognized four individuals as 2020 Regional Economic Development Champions for their work in leveraging the full strength of Northeast Ohio’s economic development network to advance our region. At the organization’s annual meeting, NEO Rising: Celebrating Today. Building Tomorrow., Team NEO acknowledged: Business[…]

Smart Card Manufacturing Company to Open Facility in Strongsville

OMEC Smart Card, LLC to bring 200 jobs to the area OMEC Smart Card, LLC, a leading manufacturer of products that serve municipal, governmental, industrial and enterprise customers worldwide, announced today that they are considering the purchase of a building in Northeast Ohio to operate its first North American facility. The company anticipates hiring 200[…]

Cast Nylons Expanding Operations in Willoughby

Cast Nylons Co., Ltd., North America’s largest cast nylon manufacturer, announced today that it will expand its operations in Willoughby, Ohio, purchasing and refurbishing a pair of vacant buildings adjacent to their current location. The new space, totaling over 14,000 square feet, will allow the company to expand its product portfolio of 100% American-manufactured cast[…]

Invacare Plans to Grow at its Elyria Campus

Production of advanced oxygen therapy solution expected to create new jobs Invacare Corporation, a leading manufacturer and distributor of medical equipment headquartered in Elyria, OH, is expected to add approximately 45 new positions at its manufacturing site in Elyria with the launch of a new oxygen concentrator to address rising global demand for respiratory equipment.[…]

Misalignment of High-demand Jobs and Education of Northeast Ohio Workforce

Most dramatic gaps lie in three important sectors: manufacturing, health care, and computer and IT There is a misalignment of workforce and job opportunities offering family-sustaining wages in growing, high-potential industries, says the Aligning Opportunities report by Team NEO. The report, produced in partnership with Delta Dental and with the generous support of The Sherwin-Williams[…]

Aligning Opportunities Virtual Launch Event Recap

Event Recap & Video Recordings The Aligning Opportunities Virtual Launch Event engaged the Northeast Ohio business and education community in meaningful discussions around solutions to the talent supply and equity gap identified in the Aligning Opportunities report. Since 2019, Team NEO has partnered with Delta Dental to increase awareness of Aligning Opportunities among the business[…]

IT Reports Reveal Northeast Ohio’s Employment Potential

Greater Cleveland Partnership and Team NEO collaborate on IT deep dive RITE, the tech talent arm of the Greater Cleveland Partnership, and Team NEO have released complementary reports about the state of information technology employment in Northeast Ohio: RITE Talent Bulletin The 2019 RITE/ConxusNEO IT Employer Survey looked into IT staffing trends, employer investments into[…]

Carvana to Bring Estimated 400 Jobs to Northeast Ohio

E-commerce auto retailer plans to build a facility in Lorain County Fast-growing online auto retailer Carvana is preparing to add to its operations by building a 200,000-square-foot facility in Lorain County. The company expects to invest $23 million and hire 400 new employees, representing an estimated $13 million payroll. “Carvana has been growing extremely rapidly[…]

Team NEO Releases Misaligned Opportunities Report

Misaligned Opportunities Examines How Racial Inequities Lead to Skills Gaps in Northeast Ohio Team NEO, as a business and economic development organization, is focused on building a vibrant economy for Northeast Ohio. We are committed to developing strategies and solutions informed by robust data analysis to ensure that all members of our community have opportunities[…]

Team NEO Appoints Two Northeast Ohio Business Executives to its Board

Hyster-Yale and Westfield executives join organization’s board The board of directors of Team NEO has appointed two prominent Northeast Ohio executives to the organization’s board: Rajiv Prasad, President and CEO, Hyster-Yale Group and Frank Carrino, Chief Legal Officer and Secretary, Westfield Insurance. Prasad and Carrino join a prominent group of Northeast Ohio business leaders dedicated[…]