Q1 2014 Regional Economic Development Report

Q1 2014 Regional Economic Development Report REGIONAL ECONOMIC DEVELOPMENT EFFORTS CREATE ALMOST 5,000 JOBS AND $240M IN REGIONAL PAYROLL IN Q1 Regional economic development activities helped to strengthen Northeast Ohio’s economy in the first quarter of 2014 by bringing in three new business investments – including Cleveland Tech Holdings LLC – and supporting the growth[…]

Tax Credits Approved With 172 New Northeast Ohio Jobs Expected

Tax Credits Approved with 172 New Northeast Ohio Jobs Expected On March 31, 2014, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 172 new Northeast Ohio jobs and investments totaling more than $58 million. Companies receiving credits are located in Lake and Cuyahoga counties. The Job Creation Tax[…]

Greater Cleveland And Canton Gaining Not Losing Jobs

Greater Cleveland and Canton Gaining, Not Losing, Jobs According to Newly Released Data The Bureau of Labor Statistics (BLS) yesterday released its most reliable source of jobs data, the Quarterly Census of Employment and Wages (QCEW), for the quarter ending September 2013. It shows that the 18-county Northeast Ohio region gained an average of more[…]

Tax Credits Approved With 215 New Northeast Ohio Jobs Expected

Tax Credits Approved with 215 New Northeast Ohio Jobs Expected On March 3, 2014, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 215 new Northeast Ohio jobs and investments totaling more than $5 million. Companies receiving credits are in the polymers and chemicals, financial services as well as[…]

Q1 2013 Quarterly Economic Review

Northeast Ohio Manufacturing GRP Projected to Outpace US Through 2020 The shift from traditional manufacturing to advanced manufacturing is playing a critical role in the region’s economic transformation, reports the fourth quarterly Cleveland Plus Economic Review released today by Team NEO. Between 2010 and 2020, manufacturing Gross Regional Product (GRP) is projected to grow 39%,[…]

Organizations Continue To Invest In Our Growing Economy

Organizations Continue to Invest in our vibrant, growing economy Check out our latest brochure on the major capital investments that are taking place in the Cleveland Plus region. With more than $17.5 billion in developments from 2009 – 2014, Northeast Ohio is a lively, vital destination for business. capital investment development

Team Neo Announces Starting Wage And Benefits Survey

Team NEO Announces Starting Wage and Benefits Survey Data to Help Business Attraction and Growth Efforts; Respondents to Receive Copy of Report Team NEO is partnering with The Corporate University, Kent State University at Stark to conduct a survey to gather and report starting pay and benefits information. This research will provide data on 250[…]

Team Neo And Partners Set New Records

Team NEO and Partners Set New Records Bringing 16 New Company Operations and More Than $85 Million in New Direct Annual Payroll to Northeast Ohio in 2013 In partnership with local economic development organizations, JobsOhio and the state of Ohio, Team Northeast Ohio (Team NEO), a regional, private-sector business attraction and growth organization, recruited a[…]

Tax Credits Approved With 450 New Northeast Ohio Jobs Expected

Tax Credits Approved with 450 New Northeast Ohio Jobs Expected On January 27, 2014, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 450 new Northeast Ohio jobs and investments totaling more than $160 million. Companies receiving credits are in the advance manufacturing, aerospace and aviation as well as[…]