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

Northeast Ohio Joint Office of Economic Development elects officers for 2014

March 6, 2014

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 2014. 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 re-elected as vice chairman and Richland County Commissioner Ed Olson was re-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 eight NEOTEC member counties. The six original founding members of NEOTEC in 1996 include Columbiana, Mahoning, Portage, Stark, Summit and Trumbull counties. Medina County and Richland County joined NEOTEC in 2006.

“The re-election of these officers will provide continuity for the JOED and enable them to provide another year of strong leadership for the region,” 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 51 sites throughout the region in FTZs 40 and 181, spreading over more than 11,000 acres in 10 Northeast Ohio counties.

In addition to the Foreign-Trade Zone program, NEOTEC’s initiatives include the Global Trade Group, which provides a complete realm of global development services to area companies, from basic export assistance to long-term, tailored international trade support and training; 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.
For more information, visit the NEOTEC web site at www.neotec.org.