Technology and Productivity Advancing Manufacturing

Economic development groups collaborate to reveal state of manufacturing in Northeast Ohio CLEVELAND, February 14, 2019 – MAGNET — The Manufacturing Advocacy and Growth Network — and Team NEO released complementary documents at the 2019 State of Manufacturing event this morning: MAGNET’s Survey Results, presented by Purolator International, was a compilation of insights from 500[…]

Regional Collaboration Yields 6,300 New Jobs, Manufacturing Advances in 2018

Team NEO and economic development network achieve strong results CLEVELAND, February 6, 2019 – Team NEO, the region’s JobsOhio network partner for the 18 counties of Northeast Ohio, today reported on its 2018 performance, including 76 announced projects expected to generate 6,329 new jobs and $2.34 billion in capital investment for Northeast Ohio. “Collaborating with[…]

COTSWORKS Announces New R&D Center in Highland Heights, Ohio

Investment Supports Innovation in Aerospace Opto-Electronics HIGHLAND HEIGHTS – COTSWORKS, LLC, a designer and manufacturer of rugged optical components for the commercial aerospace, military, and industrial product markets announced it will build a new R&D facility in Highland Heights, Ohio. Ken Applebaum, CEO of COTSWORKS, stated that “a total of $4.1 million will be invested[…]

Team NEO Welcomes Fifth Third Bank Leader to Its Board of Directors

Joe DiRocco is a proven champion of Northeast Ohio CLEVELAND, Ohio – December 18, 2018 — Joe DiRocco, regional president of Fifth Third Bank, has been elected to the board of directors of Team Northeast Ohio (Team NEO). He joins a group of regional business leaders dedicated to advancing Northeast Ohio’s economy. At Fifth Third[…]

Northeast Ohio Company to Double Footprint, Add 185 Positions

Growing family business expands in Strongsville CLEVELAND, Ohio, December 18, 2018 – Foundation Software, a fast-growing “Inc. 5000” company and family-owned national business, has announced plans to invest $9.5 million in expanding its presence in Strongsville. Foundation Software provides job cost accounting, project management and mobile software and services tailored to the construction industry. Founded[…]

Northeast Ohio to Add 20,700 Jobs Over the Next Five Years

Team NEO report explores occupation opportunities through 2023 CLEVELAND, OH – Northeast Ohio is projected to add 20,700 jobs across all occupations over the next five years, including 8,500 new healthcare openings for practitioners, and technical and healthcare support personnel. Additionally, more than 1 million replacement workers will be needed over the next five years,[…]

Fast-growing Healthcare Company Selects Twinsburg Township as Headquarters

reLink Medical to double workforce at new location CLEVELAND, Ohio, December 10, 2018 – reLink Medical, a unique, growing healthcare solutions company that is reinventing the way hospitals dispose of excess and out-of-service medical equipment, has announced plans to move its headquarters from Aurora, Ohio, to Twinsburg Township. The company will add 30 new positions,[…]

Shawn Starlin Appointed Team NEO Director, Project Management and Site Selection

Seasoned economic development professional to help business growth and job creation efforts CLEVELAND, Ohio, November 12, 2018 – Team Northeast Ohio (Team NEO) announced today that Shawn Starlin, former economic development professional with Wayne Economic Development Council and Holmes County Economic Development Council, has joined the organization as a business development director. Most recently, Starlin assisted in[…]

Corporate and Higher Education Leaders Join Team NEO’s Board of Directors

Lorain County Community College’s Ballinger, Hylant’s Riley and FirstEnergy’s Strah, Appointed Cleveland, Ohio – November 8, 2018 — The board of directors of Team Northeast Ohio (Team NEO) appointed Dr. Marcia Ballinger, President for Lorain County Community College; Kimberly Riley, President of Hylant – Cleveland Office; and Steven Strah, Senior Vice President and Chief Financial[…]

Industrial Internet of Things Could Be a Game Changer for Northeast Ohio Manufacturing

Implementation has potential to boost manufacturing GRP by more than $10 billion annually by 2025 CLEVELAND, Ohio, November 2, 2018 – Nearly 250 representatives from Northeast Ohio manufacturing companies and solution providers joined the working group behind the “Smart Manufacturing – Industrial Internet of Things (IIoT) Roadmap for Northeast Ohio” today to discuss how incorporating[…]