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Phone: 330-672-4080
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International: 001-330-672-4080
Email: mmorgan@neotec.org

 
Northeast Ohio Joint Office of Economic Development (JOED) Elects Officers for 2013

The Northeast Ohio Trade & Economic Consortium (NEOTEC) has announced the election of officers to the board of the Northeast Ohio Joint Office of Economic Development (JOED) for 2013. The elections, which took place at the board’s recent meeting, include the re-election of Summit County Executive Russell Pry as chairman, which he has served since 2011. Columbiana County Commissioner Tim Weigle was elected as vice chairman and Richland County Commissioner Ed Olson was elected as secretary.

NEOTEC is a nonprofit, multicounty regional partnership that provides economic development services on behalf of the JOED, which is comprised of the county executive and commissioners of the nine NEOTEC member counties. The six original founding members of NEOTEC in 1996 include Columbiana, Mahoning, Portage, Stark, Summit and Trumbull counties. Ashtabula County joined NEOTEC in 2002, followed by Medina County in 2005 and Richland County in 2006.

“The JOED has a history of strong leadership over the years, and we are confident that the current officers will also serve Northeast Ohio well in these roles,” said Ron DeBarr, president and CEO of NEOTEC. “Through the JOED, NEOTEC is able to provide business support programs to local economic development groups to assist businesses in their areas with viable opportunities for sustained growth,” DeBarr said.

NEOTEC works to attract business investment throughout Northeast Ohio by promoting domestic and international trade, and strengthening the region’s distinct advantages as a business location. One of NEOTECs core objectives is the administration of Foreign-Trade Zones (FTZ) 40 and 181 in Northeast Ohio, a program that provides numerous benefits and cost savings to companies doing business internationally. Currently there are 49 sites throughout the region in FTZs 40 and 181, spreading over more than 11,000 acres in 12 Northeast Ohio counties.

In addition to the Foreign-Trade Zone program, NEOTEC’s initiatives include the International Trade Assistance Center, which provides basic export counseling assistance and training to area companies; the Global Trade Group, a team of international trade professionals offering in-depth “executive in residence” and one-on-one training services to companies ready to begin exporting or expand export activity; the Northeast Ohio Logistics Network, which works to improve market access in Northeast Ohio and promote the region’s logistics strengths; and the Global Business Development Initiative, a series of efforts to attract foreign direct investment to the region.