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[…]

Northeast Ohio Post-recession Exports Rebound Faster Than Us

Northeast Ohio Post-Recession Exports Rebound Faster Than US Northeast Ohio’s 2012 export activity reached $31 billion, exceeding pre-recession levels, reports the quarterly Cleveland Plus Economic Review released today by Team NEO. From 2009 to 2012 exports increased 34%, exceeding the rate of US exports, which improved 26% over the same time period. Our export uptick[…]

Tax Credits Approved With 550 New Northeast Ohio Jobs Expected

Tax Credits Approved with 550 New Northeast Ohio Jobs Expected On December 17, 2013, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 550 new Northeast Ohio jobs and investments totaling nearly $35 million. Companies receiving credits are in the food sciences and agriculture and the corporate and professional[…]

Tax Credits Approved With 660 New Northeast Ohio Jobs Expected

Tax Credits Approved with 660 New Northeast Ohio Jobs Expected On December 2, 2013, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 660 new Northeast Ohio jobs and investments totaling nearly $126 million. Companies receiving credits are in the advanced manufacturing industries. Locations include Summit, Columbiana, Trumbull and[…]

Tom Waltermire Thankful Four

Tom Waltermire Thankful Four With Thanksgiving nearly upon us, it is time for the annual Thankful Four. Time to step back and appreciate the many things that bless our lives. Things we too often take for granted or overlook in today’s abundance. Take a few moments this week and make your list of four. This[…]

Jacob Duritsky Honored As One Of Crains 40 Under 40

Jacob Duritsky Honored as one of Crains 40 Under 40 On November 18, Team NEO’s Managing Director of Research, Jacob Duritsky, was honored as one of Crain’s “Forty Under 40” honorees.  Each year, Crain’s Forty under 40 program honors forty rising business stars for their professional success and civic contributions. Read the 2013 Honoree Coverage[…]