Team NEO Annual Report Showcases Regional Recovery and Success

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[…]

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[…]

2021 ED NOW Virtual Event Recap

Event Recap & Video Recordings Team NEO, in partnership with the Ohio Economic Development Association (OEDA), kicked off the year with a virtual event focused on sharing best practices for communities to be prepared to compete and win business investment. At this annual workshop, we discussed how local government has a critical role in community[…]

In-Demand Occupations Remain Critical During Pandemic

Workforce Connect Healthcare Sector Partnership and Team NEO collaborate on occupation opportunities Cuyahoga Community College (Tri-C®), leader of the Workforce Connect Healthcare Sector Partnership (WCHSP), and Team NEO have released Team NEO’s December 2020 Quarterly Economic Review, about the state of job postings during the pandemic, with a focus on health care needs and opportunities[…]

Identifying Business Development Opportunities

Smart Technology in Manufacturing During this interactive workshop, Northeast Ohio economic development professionals gained insights on how to identify innovative business development opportunities and techniques to create connections and further engage with companies.

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[…]