Regional Economic Development Efforts Lead to More Than 3,500 Jobs

Regional Economic Development Efforts Lead to More Than 3,500 Jobs and $260 Million in Payroll in Q3

Regional economic development activities helped to strengthen Northeast Ohio’s economy in the third quarter of 2014 by attracting and supporting the growth of 16 businesses, including Core-Mark and TruBridge, Inc., reports the Q3 2014 Regional Economic Development Report.

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 in 18 counties across Northeast Ohio.

Q3 highlights from the report include:

  • 16 attraction and expansion successes
  • 3,521 jobs
  • $260 million in payroll
  • $289 million in new capital investment

“The region’s economic development organizations continued to work together to drive business growth for Northeast Ohio in Q3,” said Tom Waltermire, CEO of Team NEO. “Our collaborative approach allows us to quickly and seamlessly provide businesses with the support they need to choose Northeast Ohio as their business expansion location.”