Mesnac Americas To Open Research And Technical Center In Akron

MESNAC Americas to open Research and Technical Center in Akron MESNAC, the world’s second largest producer of equipment for the rubber and tire industry, will open a Research and Technical Center in Akron, Ohio. This facility will be an extension of MESNAC’s recently established Research Institute based in Qingdao China. The focus of the USA[…]

Nestle Pizza Business

Relocation of Nestle’s Pizza Business will bring 250 new jobs to Northeast Ohio On October 30, 2013, Nestlé USA announced that the company is relocating its Nestlé Pizza Division from its present location in Northbrook, Illinois to Solon, Ohio. The relocation will bring approximately 250 high-paying jobs to Northeast Ohio, with a payroll of $21.7[…]

Northeast Ohio Awarded Make It In America Grant

Northeast Ohio Awarded Make it in America Grant MAGNET, Medina County Workforce Development, Team Northeast Ohio (Team NEO) and WIRE-Net are part of a Northeast Ohio collaboration that is among 10 groups nationwide to be awarded a Make it in America grant.  The $1,796,867 allocated to Northeast Ohio will be used to provide specialized assistance[…]

Cristal To Build 64 Million Expansion In Ashtabula County

Cristal to build $64 million expansion in Ashtabula County Cristal, the world’s second largest producer of titanium dioxide and a leading producer of titanium chemicals, announced plans to expand its Cristal USA Inc. facility in Ashtabula County.  The $64 million expansion will include $45 million in fixed assets, the hiring of 25 new full-time associates[…]

Tax Credits Approved With 349 New Northeast Ohio Jobs Expected

Tax Credits Approved with 349 New Northeast Ohio Jobs Expected On September 30, 2013, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 349 new Northeast Ohio jobs and investments totaling $28,820,000. Companies receiving credits are in the polymers and chemicals, advanced manufacturing, and information services and software industries.[…]

Medical Camera Company From Netherlands Lands In Akron

Medical Camera Company from Netherlands Lands in Akron A company from the Netherlands that makes a camera system used to locate lymph nodes and make cancer tumors visible during surgery is setting up a base in downtown Akron to further expand into the US market. Quest Medical Imaging, a small venture founded by a software[…]

Brookings Finds Youngstown To Be Major Exporter Nationwide

Brookings Finds Youngstown to be Major Exporter Nationwide The Brookings Institution released an extensive report that detailed several key export trends in which the Youngstown metro area was among the country’s top performers, ranking it No. 1 in export growth between 2009 and 2012. The report, released Tuesday, was a joint study between JPMorgan Chase,[…]

Tax Credits Approved With 277 New Northeast Ohio Jobs Expected

Tax Credits Approved with 277 New Northeast Ohio Jobs Expected On August 26, 2013, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 277 new Northeast Ohio jobs and investments totaling $12,100,000. Companies receiving credits are in the advanced manufacturing sector. They are located in Cuyahoga and Geauga counties.[…]

Northeast Ohio Headquarters Employment Grows

Northeast Ohio Headquarters Employment Grows Northeast Ohio has the fourth strongest headquarters employment share in the nation, reports the second quarterly Cleveland Plus Economic Review released today by Team NEO. From 1990 to 2013 headquarters employment has grown nearly 160%, compared with the US national average of 22% growth. “Headquarters large and small are abundant[…]