Innovation fuels growth for company The Chilcote Company, doing business as Tap Packaging, a leading designer and manufacturer of paperboard packaging solutions, has committed to growing in Northeast Ohio. The expansion will result in 26 new positions and retention of 120 jobs. The expansion was necessary due to the company’s investment in innovative digital technology,[…]
Category: Announcements
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Growing Aerospace Manufacturing Company Expands in Northeast Ohio
Hydro-Aire Inc. to build facility and add new jobs Hydro-Aire Inc., a division of Crane Aerospace & Electronics (segment of Crane Co.), has announced plans to build a new facility adjacent to its current Elyria location to grow its Lear-Romec fluid management product lines. The expansion is expected to add 26 new jobs. Crane Aerospace[…]
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Leading RIA Compliance Software Company Expands in Northeast Ohio
RIA in a Box to grow in Orange Village RIA in a Box, which provides investment advisers with the leading compliance software tools and support for establishing, protecting and optimizing their registered investment adviser (RIA) firms, has announced plans to expand its Orange Village operations. This expansion is expected to result in 90 new jobs[…]
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Consolidated Precision Products Corp. (CPP) Announces Euclid, Ohio Expansion
Consolidated Precision Products Corp. (CPP) announced that it will open a new advanced manufacturing facility in Euclid, Ohio. The expansion will result in a new 135,000 square foot facility and the creation of more than 120 new manufacturing and engineering jobs. CPP worked closely with the Greater Cleveland Partnership, JobsOhio, Team NEO, the City of[…]
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New Amazon Fulfillment Center to Open in Northeast Ohio
The new fulfillment centers in Akron and Rossford will total more than 1.4 million-square-feet Amazon.com, Inc. announced plans to open two new Ohio fulfillment centers, one in Akron and the other in Rossford, creating more than 2,500 full-time jobs with comprehensive benefits and opportunities to work alongside Amazon robotics in an industry-leading workplace. “Ohio has been a great place to do business, serve customers and[…]
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Aligning Opportunities in Northeast Ohio
Report Reveals Misalignment of High-demand Occupations and Skills/Training/Education of Northeast Ohio Workforce Most prevalent misalignment is in three important sectors: manufacturing, healthcare, and computer and IT Download Report There is a misalignment of job opportunities and workforce in growing, high-potential industries, many offering family-sustaining wages, reports the Aligning Opportunities report by Team NEO. The report, made[…]
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TAAF Program Offers Matching Dollars to Manufacturing Companies
Funding to Support Ohio Manufacturers Trade Adjustment Assistance for Firms (TAAF) is a federal program that provides financial assistance to manufacturers affected by import competition. The program is sponsored by the U.S. Department of Commerce. Northeast Ohio manufacturers are encourage to take advantage of this valuable program that can provide up to $75,000 in matching funds to companies that[…]
Posted on Posted in Announcements, Manufacturing
Rimeco Products, Inc. to Invest $3.6 Million in Ohio
Company Chooses Ohio, Leveraging Local Trade Schools and Community Colleges to Grow Workforce Rimeco Products, Inc., a precision CNC shop serving the aerospace, aviation and defense industries, has announced it is purchasing a new building in Willoughby, Ohio to accommodate expanding operations. The company will invest $3.6 million and plans to add 38 new jobs[…]
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BWXT Invests $130+ Million in Two NEO Facilities
Company Will Add 110 New Jobs and Cutting-Edge Facilities to Northeast Ohio BWX Technologies, Inc. (NYSE: BWXT) recently announced that its subsidiary BWXT Nuclear Operations Group, Inc. (BWXT NOG) plans to invest more than $130 million over four years in its Barberton and Euclid facilities in northeast Ohio, creating more than 110 new jobs by[…]
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Closing the Skills Gap
Team NEO Report Sparks Regional Conversation to Address Talent Needs Earlier this year, Team NEO released a report titled “Aligning Opportunities in Northeast Ohio: A Resource to Aid in Addressing the Demand and Supply Imbalance in the Region’s Workforce.” The research was funded by the Cleveland Foundation and Sherwin-Williams Company. By taking an in-depth look[…]