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Team NEO projects 3,000 new jobs regionally, despite economic headwinds

Team NEO 2025 Performance & Impact Annual Report

The headline numbers from Team NEO's new 2025 jobs report include nearly 3,000 new jobs, more than $450 million in capital investments, and 92 business investments across Northeast Ohio.

The report also highlights the rollout of the JobsOhio Relocation Incentive Program, which offers businesses up to $15,000 for making successful hires in certain industries, with a focus on STEM and technical roles.

There's also the expansion of LayerZero, a manufacturer for power systems like data centers. The company is opening a new facility in Portage…

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