Team NEO released its annual performance and impact report today, sharing that the organization, in partnership with JobsOhio and the Northeast Ohio Economic Development Network, worked on 84 projects that will generate more than 8,500 jobs, $449.1 million in annual payroll and $3.35 billion in capital investment for the region. The network also focused on[…]
Category: Announcements
Team NEO Welcomes New Leaders to Regional Network
Team NEO extends its congratulations to Baiju Shah upon his selection as Greater Cleveland Partnership President and CEO. Baiju is a strong, influential leader with a valuable depth of experience in areas critical to the prosperity of the Northeast Ohio Region. We look forward to welcoming Baiju to Team NEO’s Board of Directors. GCP’s presence[…]
Macy’s Corporate Services to Bring 417 Jobs to North Jackson
Department store giant chooses Northeast Ohio for fulfillment center Macy’s Corporate Services LLC, operating as a distribution and logistics center for Macy’s Inc. in North Jackson, has announced plans to expand at the facility to operate a fulfillment center. Macy’s will add 417 new jobs and retain 55 employees. The project will include a $29.9[…]
Rocket Mortgage to Add 630 New Jobs to Downtown Cleveland
America’s largest mortgage lender receives Ohio Tax Credit Authority support to grow in the state Rocket Mortgage moved another step forward in its downtown Cleveland expansion plans, as the Ohio Tax Credit Authority approved the project for tax credit assistance at its meeting today. The company is poised to bring 630 new jobs to the[…]
New Projects Expected to Create 3,000 Jobs in Northeast Ohio
Eight projects approved by Tax Credit Authority Today Eight Northeast Ohio projects have been awarded Ohio Tax Credit Authority (TCA) approval today. Collectively, the projects are poised to create 3,000 new jobs with an annual payroll of $168.6 million and $698.6 million in capital investment across the region. The projects include large-scale investments in innovative[…]
Lordstown Motors Corp. Receives Tax Credit Authority Approval
Hub motor and battery line to support project will bring 1,570 jobs to the Mahoning Valley area Lordstown Motors Corp., a leader in electric light-duty trucks focused on the commercial fleet market, moved another step forward in its plans to produce the Lordstown Endurance, the world’s first full-size, all-electric pickup truck, as the Ohio Tax[…]
Stakes Manufacturing to Expand in Eastlake
Print-on-demand company plans to add 400 new positions as company grows Stakes Manufacturing, a digital print-on-demand (POD) company specializing in the printing and fulfillment of premium apparel for the sports, entertainment, and retail markets, is expanding in Eastlake to meet the just-in-time demands of the rapidly expanding e-commerce industry. With plans to add 400 new[…]
California-based ISSQUARED Plans New Cyber Security Operations Center in Solon
Fast-growing IT and cyber security consultancy to bring 109 jobs to area ISSQUARED™ Inc., a leading provider of end-to-end IT solutions and one of the 5000 fastest-growing private companies in America (#892, per Inc. magazine), is purchasing a building in Solon, where it will create a new data center, along with a global Cyber Security[…]
National Printing Leader Selects Solon for Expansion Project
Digital Room LLC (DR), the largest eCommerce provider of customized marketing and branding products targeting small and medium-sized customers in North America, will expand their presence in Northeast Ohio by opening a new manufacturing facility in Solon and creating 60 new jobs over the next three years as part of a $21-million project. In addition[…]
Tractor Supply Co. Plans to Bring 375 Jobs to Northeast Ohio
Company to open distribution center on Stark County Farm property Fast-growing Tractor Supply Co., the largest rural lifestyle retailer in the U.S., plans to open a distribution center in the village of Navarre to help expand its retail presence. The company, which operates roughly 1,900 stores in 49 states, is investing nearly $70 million in[…]