Youngstown Gets Top Spots In National Rankings For Economic Growth And Healthcare

Youngstown Gets Top Spots in National Rankings for Economic Growth and Healthcare Youngstown recently topped two national lists for economic development and healthcare access. The Youngstown-Warren area was recently ranked one of the best MSAs in the US for economic performance. The June 2014 report by the Manhattan Institute for Policy Research ranked the Youngstown-Warren[…]

Team Neo Releases Q2 Regional Economic Development Report

Q2 Regional Economic Development Efforts Create $214 Million in Capital Investment Regional economic development activities helped to strengthen Northeast Ohio’s economy in the second quarter of 2014 by attracting four new companies to the region – including Borgers USA Corporation – and supporting the growth of 16 regional businesses, reports the Q2 2014 Regional Economic[…]

Tax Credits Approved With 250 New Northeast Ohio Jobs Expected

Tax Credits Approved with 250 New Northeast Ohio Jobs Expected On July 28, 2014, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 250 new Northeast Ohio jobs and investments totaling $15,815,300. Companies receiving credits are in the retail distribution and financial services industries. Locations include Stark County. For additional[…]

Matalco To Break Ground On New Plant In Lordstown

Matalco to break ground on new plant in Lordstown On September 17, Matalco Inc. will break ground on a $100 million remelt aluminum billet manufacturing plant in Lordstown. Matalco, which operates one of its two existing plants in Canton and the other in Ontario, produces extrusion-grade aluminum billet manufactured primarily from scrap aluminum. The $100[…]

Cleveland Clinic Ranked Top Hospital

Cleveland Clinic Ranked Top Hospital For the 20th year in a row, the Cleveland Clinic’s heart care program earned the No. 1 ranking in U.S. News & World Report’s “2014-15 Best Hospitals.” The Clinic was ranked the No. 4 hospital overall in the country with many other Northeast Ohio hospitals also earning top recognition. Only the[…]

Cleveland One Of The Most Tax Friendly Cities For Business

Cleveland one of the most tax-friendly large cities for business Cincinnati, Cleveland, Atlanta, Baltimore and Pittsburgh offer the most favorable tax structures for businesses among U.S. cities/locations with populations exceeding 2 million, according to a study released today by KPMG International (KPMG). Of the 51 large international cities highlighted in the study, Cleveland ranked 11th.

Team Neo Launches Enhanced Northeast Ohio Website

Team NEO Launches Enhanced Northeast Ohio Website Team NEO today unveiled a completely revamped website to sell Northeast Ohio as a prime location for business expansion. The website, clevelandplusbusiness.com, has been redesigned to offer enhanced navigation and functionality that allows business decision makers and site selectors to quickly find the information they need on Northeast[…]

Thirteen Regional Projects Win Top Honors At Plus Awards

Thirteen Regional Projects Win Top Honors at Team NEO’s Economic Development Plus Awards Team NEO honored communities and organizations for 2013 economic development initiatives that created or retained jobs, attracted investments and developed opportunities for Northeast Ohio at the organization’s eighth annual Economic Development Plus Awards ceremony. Winners in 10 categories were announced. The event,[…]

Cleveland recommended as host city for 2016 RNC

Cleveland recommended as host city for 2016 Republican National Convention On July 8, Republican National Committee Chairman Reince Priebus announced that Cleveland beat Dallas to host the party’s 2016 convention. Not only will this opportunity provide tremendous national exposure for Northeast Ohio, it is expected to be a significant economic generator for Cleveland. The choice[…]

Northeast Ohio Healthcare Sector Invigorates Economy

Northeast Ohio Healthcare Sector Invigorates Economy Northeast Ohio’s healthcare industry is an important contributor to the region’s economy. It is a nearly $14 billion sector with 177,000 employees, reports the quarterly Cleveland Plus Economic Review released by Team NEO. In addition, the research expenditures by medical institutions and universities have nearly doubled, growing to more[…]