team northeast ohio 2008 impact report
DESCRIPTION
TeamNortheast Ohio's results for 2008, including 2008 attraction win companies.TRANSCRIPT
r e s u l t s
+ 10 new companies
+ 700 jobs
+ $30 m new annual payroll
Team NorTheasT ohio 2008 impacT reporT
a c t i o n s b u s i n e s s a t t r a c t i o n o p p o r t u n i t i e s
+ Hosted 24 site selection consultants at 3 Familiarization (FAM) Tours at weekend-long events, providing the experience that Northeast Ohio adds up for business
+ Built relationships with 103 top site selection consultants at 9 industry conferences
+ Led a regional sales team in meetings with 80 prospects during 50 meetings on 6 market vis its, including 2 international missions
+ Submitted detailed responses for 83 major Request For Information inquiries
+ Hosted 24 direct prospects in Northeast Ohio for s ite vis its
+ Published four quarterly economic reviews, read by 30,000 professionals
+ With Global Cardiovascular Innovation Center, conducted 100 meetings with two international missions and hosted 25 site vis its and participated in 5 cardiovascular conferences
* A company in transition, interested in Northeast Ohio, that wil l bring more than 20 jobs and $1 mil l ion investment to the region
2008 Business Attraction Opportunities by Industry
call ceNTer/bpo
polymers
advaNced eNergy
maNufacTuriNg
biomedical
aerospace
gcic/cardiovascular
oTher
food processiNg
disTribuTioN/logisTics
2008 Sources of Business Attraction Opportunities
sTaTe of ohio
Neo frieNds
Neo parTNers
oTher
siTe coNsulTaNTs
Neo fouNdaTioNs
Neo goverNaNce
compaNy direcT
real esTaTe brokers
83qualifiedbusinessattractionopportunities*
700jobs10newcompanies
$30Mnew annualpayroll
27%
12%
15%
13%
7%
7%
7%
6%
3%
3%
20%
11%
14%
6%
2%
2%
1%
27%
17%
Business Attraction Opportunities are coming from throughout the country and world:
Europe
Asia South America Midwest
AustraliaCanada
US West Coast
US East Coast
increasing business opportunities for Northeast ohio
737 bolivar road, suite 2000, cleveland, ohio 44115 888.NEO.1411 • clevelandplusbusiness.com
For more information Contact our marketing department at [email protected]
Team NorTheasT ohio 2008 impacT reporT
Medical device firm specializing in cardio-vascular treatment chose Cleveland to bring 25 new jobs and more than $1.5 million in new annual payroll after devel-oping a relationship with BioEnterprise, GCIC and Team NEO.
*Client has requested that we keep company name confidential at this time.
Galway, Ireland innovator of surgical products set up its US Headquarters in Cleveland to enjoy collaborations with leading institutions, including Case Western Reserve, the Cleveland Clinic and the GCIC. Company is expected to bring 26 new jobs and $1.8 million in new annual payroll.
Canadian Injection Molding manufac-turer serving industrial and retail markets opened its US manufacturing and distribution facility in Austinville to bring 19 new jobs and $450,000 annual payroll to Northeast Ohio.
California-based Business Process Out-sourcer with intent to open call center in Richfield that will employ 400 individuals to serve Fortune 500 clients.
Medical device manufacturer of real-time image guided ratiation therapy systems moved its HQ from Florida to Cleveland, and will bring 90 new jobs and more than $6 million in incremental annual payroll to the region.
California-based global pharmaceutical, diagnostic, and biotechnical firm acquired USB, then opened their Research and Development center, bringing 61 new jobs and $3 million in new, annual payroll to Northeast Ohio.
Privately-held Oregon-based medical device firm opened a Cleveland office to collaborate with the Cleveland Clinic and access Ohio biomedical resources. Company received GCIC grant, afforded by Ohio’s Third Frontier Program and has intent to employ 15 people with $900,000 total new annual payroll.
A German recycling equipment manu-facturer opened a sales and repair facili-ty in Avon in December 2008, bringing $250,000 in new annual payroll to Northeast Ohio. The company plans a future manufacturing facility expansion.
GTP Travel Group, an online resource for group and meeting travel, located its headquarters in Twinsburg, bringing 25 IT jobs and $1.75 million in new annual payroll to Northeast Ohio.
Global medical imaging company moved its HQ from New Jersey to Cleveland because of the region’s strong imaging cluster. The company expects to employ 30 people and bring $2 million in new annual payroll to Northeast Ohio.
SHRED. SCREEN. GRIND.
2008 attraction Wins
PrOject GlendA*
Team NEO is supported by the Fund for Our Economic Future, FirstEnergy, Timken Foundation, Charter One Foundation, the Cleveland Plus Marketing Alliance, Council of Smaller Enterprises (COSE), the Sherwin-Williams Company, Dominion, Greater Cleveland Partnership, Greater Akron Chamber, Stark Development Board, Team Lorain County, Youngstown-Warren Regional Chamber, and Medina Economic Development Corporation.