Last year, 12 companies brought their business to Northeast Ohio, thanks in part to efforts from the nonprofit regional business attraction agent TeamNEO. The companies brought with them more than 670 jobs and about $40 million in annual direct payroll, according to information recently released by TeamNEO.

Among the companies that have opened offices or relocated to the region are Rosetta, a strategy, marketing and technology services company; NI Medical, a privately held biotech company that manufactures a device to detect concealed cardiac disease; and Explorys, which was formed in partnership with the Cleveland Clinic to provide a secure cloud-computing platform for research and product development.

Tom Waltermire, CEO of TeamNEO, points out that six of the new companies are international and two are minority-owned. Five of the companies are related to healthcare, which will continue to be a focus of TeamNEO's efforts in recruiting businesses and jobs to Greater Cleveland, according to Waltermire.

SOURCE: TeamNEO
WRITER: Diane DiPiero