(Cleveland) â Team NEO, the regionâs JobsOhio network partner, says 76 announced projects in this region are expected to generate 6,329 new jobs and $2.34 billion in capital investment for Northeast Ohio.
âWe attracted investment from a wide variety of companies, both large and small, that represent Northeast Ohioâs diverse industry base,â said Team NEO CEO Bill Koehler. âLooking ahead, we see tremendous opportunities in our largest sector, manufacturing, as companies look to adopt technologies related to the Industrial Internet of Things (IIoT) and 3D printing.â
To this end, Team NEO, along with prominent manufacturers (both end-users and supply-chain companies), as well as numerous public and private sector organizations, formally launched the âIndustrial internet of Things Roadmap for Northeast Ohio, âwhich seeks to establish a regional IIoT commercialization strategy to serve as a catalyst for helping local companies adopt the latest smart manufacturing technologies.
Throughout 2018, Team NEO also continued to work with partners in workforce and higher education toward ensuring a strong pipeline of talent to meet the needs of the regionâs businesses.
Team NEO says its ongoing collaboration with the regionâs economic development network continues to drive progress and job creation throughout Northeast Ohio in 2019: Facilitating manufacturersâ implementation of technological advances and strengthening educational partnerships and programs are just the start.
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