2009 Results In: Nearly $25 Million New Direct Payroll Attracted to Northeast Ohio
Posted byThePlus - 02.25.2010
In 2009 10 new companies were recruited to the 16 counties of Northeast Ohio, accounting for 874 new jobs, nearly $25 million in new annual payroll, and an estimated total annual regional payroll benefit of $65 million, which includes direct and multiplier job creation.
New companies to Northeast Ohio include:
-Steel Warehouse: Steel Manufacturing, 75 new jobs
-RTS Companies USA: Polymers (Injection Molding), 19 new jobs
-Collectcorp: Back Office Processing (Call Center), 125 new jobs
-Perio Corp/Barbasol LLC: Consumer Products Manufacturing, 30 new jobs
-IPCS: Advanced Materials, 10 new jobs
-VXI: Back Office Processing (Call Center), 500 new jobs
-MAT Holdings: Fabricated Wire Product Mfg/Distribution, 20 new jobs
-MGW (Lowe’s): Consumer Product Manufacturing, 35 new jobs
-AIM Pharmakon: Healthcare/Bioscience, 40 new jobs
-MDG Medical Incorporated: Healthcare/Bioscience (Med Device), 20 new jobs
“These wins are representative of Northeast Ohio’s industry diversification,” said Tom Waltermire, Team NEO CEO. “With a strong base in biomedical, polymers, advanced manufacturing and headquarters, the region is in good position to advance our economy.”
In particular, several of the companies will add to the region’s growing biomedical sector. Through the collabroative efforts of Team NEO, BioEnterprise, the Global Cardiovascular Innovation Center, the State of Ohio, and chambers of commerce, Northeast Ohio has emerged as a biomedical leader leveraging its world-renonwned educational institutions, Third Frontier opportunities, and workforce and supply chain access.
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