Momentum is Strong in Northeast Ohio’s $22 Billion Health Care Industry

Team NEO research shows significant, sustained health care GDP and employment growth since 2001 Health care stands strong as a major driving force in Northeast Ohio’s economy. The region is a health care hub, with more than 60 hospitals and a vibrant biomedical community. Northeast Ohio’s 18 counties have shown substantial and steady growth in[…]

Emerson Grows in Richland County Ohio

Smart Technology Fuels Company’s Growth Emerson Automation Solutions Actuation Technologies, a global leader in valve actuation technology, announced today plans to expand in Ontario, Ohio. The company held a groundbreaking ceremony for a new 23,000-square-foot building addition at its Park Avenue West facility. The expansion will accommodate a new product line designed, engineered and manufactured[…]

Board of Directors Welcomes President of NEO’s Largest University

Todd Diacon of Kent State University joins Team NEO board The board of directors of Team NEO has appointed Kent State University President Dr. Todd Diacon to the organization’s board. Dr. Diacon brings specialized knowledge that will help Team NEO and its economic development partners address the workforce gap affecting the 18 counties of Northeast[…]

London Stock Exchange Group ELITE Selects Cleveland

London Stock Exchange Group Selects Cleveland for its ELITE Program Americas Headquarters Cleveland to host Global ELITE Day 2020 Conference The London Stock Exchange Group ELITE initiative (ELITE), announced today that Cleveland has been selected as the home of its Americas headquarters. ELITE is the London Stock Exchange Group’s (LSEG) international business support program for[…]

2019 Aligning Opportunities in Northeast Ohio Report

A Robust Northeast Ohio Workforce Will Require Awareness, Education and Advocacy Annual Team NEO data insights examine current misalignment of worker supply and demand Team NEO’s 2019 Aligning Opportunities in Northeast Ohio report provides data reflecting a misalignment of job opportunities and workforce in growing, high-potential industries, many offering family-sustaining wages. The report, prepared in[…]

Industry Diversification is Key in Northeast Ohio

Team NEO’s research provides insights into Great Recession Recovery Northeast Ohio’s regional economy has steadily added jobs, increased productivity and become more diversified since the Great Recession, according to the Quarterly Economic Review (QER) released by Team NEO. The report, made possible with generous support from Fifth Third Bank, examines the progress made since the[…]

Tap Packaging Expands in Northeast Ohio

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,[…]

Team NEO Welcomes Three New Board Members

Brouse McDowell, ideastream and KPMG executives bring unique insights to Northeast Ohio’s business development efforts Team NEO board members appoint three leaders to the organization’s board: Eric Logan of KPMG LLP; Kevin E. Martin of ideastream; and Marc B. Merklin of Brouse McDowell LPA. Each of these executives brings specialized knowledge to the business development[…]

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[…]