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[…]

Regional Economic Development Efforts Deliver Job Payroll And Capital Investment Gains

Regional Economic Development Efforts Deliver Job Payroll and Capital Investment Gains Regional economic development activities helped to strengthen Northeast Ohio’s economy in the third quarter of 2013 by bringing in four new business investments – including Quest Medical Imaging and Royal Appliance Mfg. Co. – and facilitating the growth of 36 regional businesses, reports the[…]

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[…]