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[…]

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, 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[…]

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[…]

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[…]

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[…]

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[…]

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[…]

RhinoSystems Expands in Northeast Ohio

Fast-growing Healthcare Company Expands in Northeast Ohio RhinoSystems Inc., developer, manufacturer and marketer of Naväge Nasal Care, has announced it will expand and bring 117 new healthcare jobs to Brooklyn. The company plans to lease more than 65,000 square feet of the 1.6 million-square-foot former American Greetings building, which now serves as an industrial park.[…]

Downtown Akron Revival

Downtown Akron Development Aims to Spur Economic Activity With major development projects underway, downtown Akron is in the midst of a major transformation that many believe will reshape the city’s future. From the Bowery Project to Main Street’s makeover, downtown Akron is abuzz with activity as developers continue to take on new projects and build[…]

Tax Friendly Environment

New Study Highlights Ohio’s Tax Friendly Environment for Businesses The Anderson Economic Group recently released its “2018 State Business Tax Burden Rankings,” which examines business tax burdens in all 50 states. The study measured 11 categories of taxes paid by businesses. The study is based on 2016 data. Overall, Ohio came in at number 11[…]