advanced manufacturing companies thrive in northeast ohio · with a $236 billion economy, the...

4
Advanced Manufacturing Companies THRIVE in Northeast Ohio

Upload: others

Post on 25-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Advanced Manufacturing Companies THRIVE in Northeast Ohio · With a $236 billion economy, the 18-county Northeast Ohio region, know as Cleveland Plus, is globally recognized for its

Advanced Manufacturing

Companies THRIVE in Northeast Ohio

Page 2: Advanced Manufacturing Companies THRIVE in Northeast Ohio · With a $236 billion economy, the 18-county Northeast Ohio region, know as Cleveland Plus, is globally recognized for its

NEO Manufacturing Employment:

264,597Source: Moody’s Economy.com

Accessto:

NEO Manufacturing Output:

$43.1 BillionSource: Moody’s Economy.com

Engineering & Engineering Tech Grads:

2,694Source: EMSI

The Climate Is Right for Increasing Innovation and ProductivityWith a $236 billion economy, the 18-county Northeast Ohio region,

know as Cleveland Plus, is globally recognized for its powerful history

of innovation and traditional manufacturing. Over the years, we’ve

built on that tradition to become a globally respected center of

advanced manufacturing.

Cleveland Plus has all the assets you need to develop, produce, and deliver products

and services. A diverse talent pool of nearly 2 million workers, a deep and diverse

supply chain, exceptional market access and our rich manufacturing legacy help

make your innovations more profitable.

Many of today’s industry leaders — Parker Hannifin, Eaton, Timken, Lincoln Electric

Holdings Inc. and Arconic, to name just a few — choose to run operations in

Northeast Ohio because they value our region’s capacity for innovation, technology

adaptation and productivity.

Technology Clusters and Organizations Support Your SuccessTeam NEO helps bring innovation to life with cluster groups that

leverage our region’s unique assets and strengths. Focused on

three areas — smart devices and systems (Internet of Things, or IoT), energy storage and additive manufacturing — these clusters

connect companies, and academic and research institutions, with

opportunities to collaborate around new technologies that build on

the region’s industrial, organizational and workforce strengths.

Numerous organizations and institutions, including the following, fuel Northeast Ohio’s

expertise and growth:

• NASA Glenn Research Center performs research and development to advance

aviation, enable exploration of the universe and improve life on Earth. Its scientists

and engineers deliver advanced flight systems for spacecraft and improve

efficiency and safety in aircraft, often in partnership with U.S. companies, universities

and other government institutions. The center’s core capabilities are air-breathing

and in-space propulsion, power systems, communications, materials, biomedical

technologies and advanced physical science space experiments.

• America Makes is the nation’s leading collaborative partner in additive

manufacturing (AM) and 3D printing (3DP) technology, research, discovery,

creation and innovation. As a public-private partnership with member organizations,

academia, government, nongovernment agencies, and workforce and economic

development resources, America Makes works to increase our nation’s global

manufacturing competitiveness.

• JumpStart is a nonprofit venture development organization that works with diverse

and ambitious entrepreneurs to help them unlock their full potential and transform

communities. The organization is part of a deeply connected network of public,

private and nonprofit entities throughout Northeast Ohio that focus on providing

support to entrepreneurs and fostering environments to facilitate their growth.

• BioEnterprise provides management counsel and support services to health IT,

medical device and biopharmaceutical companies.

Talent• 2 million workers

Market• Abundant, high-quality water

• Competitive energy supply

• 2,500+ mile fiber network

NEO QUICK FACTS

Page 3: Advanced Manufacturing Companies THRIVE in Northeast Ohio · With a $236 billion economy, the 18-county Northeast Ohio region, know as Cleveland Plus, is globally recognized for its

The Cleveland Plus region is centrally located between

New York City, Chicago and Toronto, allowing quick market

access to more than half of North America, including Canada.

Nearly 50% of the U.S. population is within 500 miles/805 km of the Northeast Ohio region. Businesses located here enjoy faster

shipping times, reduced costs and greater proximity to OEMs,

plus connectivity to a deep and diverse supply chain.

The region also provides access to global markets

through the Cleveland-Europe Express, the only vessel

service that moves containerized and non-containerized

cargo between the Great Lakes and Europe, through

the Port of Antwerp, with multiple connections.

Northeast Ohio boasts:

Superior Access to Markets Offers a Host of Benefits

3 CLASS I RAILROADS

DEEPWATER PORTS9

COMMERCIALAIRPORTS2

INTERSTATEHIGHWAYS5

• MAGNET (Manufacturing Advocacy and Growth Network) is dedicated to helping manufacturers

grow and compete in advanced manufacturing. As part of the Ohio Manufacturing Expansion

Partnership (MEP), MAGNET educates, supports and champions manufacturing in Northeast

Ohio with the goal of maintaining the regional economy as a powerful, global player.

• YBI (Youngstown Business Incubator) leverages its entrepreneurial expertise and resource

network to meaningfully impact technology-based economic development and community

wealth to facilitate the creation of high-value businesses through collaborative partnerships

that promote innovative technologies and long-term, sustainable employment opportunities,

with a focus on information technology and advanced manufacturing.

• Bounce Innovation Hub is the region’s first open innovation hub serving Northeast Ohio’s

entrepreneurial and innovation community. Bounce encourages open collaboration among

diverse groups through unique opportunities, programs and events.

• TBEIC (The Tech Belt Energy Innovation Center) is an energy incubator working with clients

throughout Ohio, offering mentoring services, affordable office space, coworking space,

access to a state-of-the-art energy storage and grid simulation test facility, entrepreneurship

events, and connections to a vibrant community of founders. TBEIC is partnered with national

cleantech programs such as the Wells Fargo Innovation Incubator (IN2) the Clean Tech Open

Accelerator and the Clean Energy Trust.

460 mi/740 km

640 mi/1030 km

370 mi/600 km140 mi/225 km

340 mi/550 km

170 mi/110 km

, 250 mi/400 km

500 mi/800 km

700 mi/1125 km

ST. LOUIS550 mi/885 km

INDIANAPOLIS 315 mi/500 km

NASHVILLE525 mi/845 km

NORFOLK560 mi/900 km

LOUISVILLE350 mi/560 km

MINNEAPOLIS / ST. PAUL750 mi/1200 km

SEATTLE2415 mi/3900 km

PORTLAND2500 mi/4025 km

LOS ANGELES2340 mi/3765 km

PHOENIX2050 mi/3300 km

DENVER1330 mi/2140 km

HOUSTON1300 mi/1700 km

NEW ORLEANS1055 mi/1700 km

DALLAS1180 mi/1900 km

MIAMI1240 mi/2000 km

CLEVELAND

CONNECTICUTRHODE ISLAND

MASSACHUSETTS

SOUTH CAROLINA

NORTH CAROLINA

GEORGIA

FLORIDA

ALABAMA

TENNESSEE

KENTUCKY

ILLINOIS INDIANA OHIO

MICHIGAN

PENNSYLVANIA

NEW YORK

VERMONT

MAINE

NEW HAMPSHIRE

WEST VIRGINIA VIRGINIA

MARYLAND

MISSISSIPPI

ARKANSAS

MISSOURI

IOWA

WISCONSIN

MINNESOTA

NORTH DAKOTAMONTANA

WYOMING

NEBRASKA

KANSAS

OKLAHOMA

TEXAS

NEW MEXICO

ARIZONA

UTAH

IDAHO

NEVADA

CALIFORNIA

WASHINGTON

OREGON

COLORADO

SOUTH DAKOTA

LOUISIANA

Page 4: Advanced Manufacturing Companies THRIVE in Northeast Ohio · With a $236 billion economy, the 18-county Northeast Ohio region, know as Cleveland Plus, is globally recognized for its

Connect with us:

Want to learn more? Connect with:

Jay Foran Team NEO

Senior Vice President, Industry and Innovation

[email protected]

216.363.5407

AshtabulaLake

Geauga

Portage

Stark

Wayne

SummitMedina

Cuyahoga

Lorain

Ashland

AKRON

CANTON

YOUNGSTOWN

Richland

Huron

Erie

Tuscarawas

Trumbull

Mahoning

Columbiana

CLEVELANDLORAIN

MANSFIELD

1111 Superior Avenue, Suite 1600, Cleveland, OH 44114 • 888.NEO.1411

clevelandplus.com

www.growashland.com

Economic Development Board

About Team NEO and the Cleveland Plus 18-county Region Team NEO is a business development organization focused on creating

jobs for Northeast Ohio’s residents. In collaboration with our partners,

it leads the region’s business attraction efforts, supports business retention

and expansion work as Northeast Ohio’s JobsOhio affiliate, accelerates

the impact of innovation in the region, and aligns strategies and resources

within the economic development network to maximize its impact.

In addition, Team NEO provides tools to assist employers in attracting

talent to the region.

Team NEO is part of the robust Northeast Ohio economic development

network, providing business decision-makers with access to customized

solutions that accelerate growth, foster innovation and mitigate risk

through a connected and collaborative ecosystem. For more information,

visit clevelandplus.com.

Economic Development Partners: