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 of 24
regional businesses, reports the Q1 2014 Regional Economic
Development Report released by Team NEO.
The report provides the most complete snapshot of economic
development results for Northeast Ohio. It is based on activity
reported by JobsOhio, Team NEO, major city chambers of commerce and
economic development organizations and those in the 18 counties
across Northeast Ohio.
Q1 highlights from the report include:
-
27 attraction, expansion and retention successes
-
4,814 jobs
-
$240 million in payroll
-
$684 million in new capital investment
“The region’s economic development organizations are
constantly collaborating to find new and innovative ways to
strengthen Northeast Ohio’s economy,” said Tom
Waltermire, CEO of Team NEO. “By working together,
we’re able to provide customized solutions to help new and
expanding businesses thrive in Northeast Ohio.”
- Regional data
- teamwork
- collaboration
- RED