The document summarizes a Team Northeast Ohio event on the state of the region. It includes presentations on economic updates, business investment trends in Northeast Ohio, and a discussion between mayors of major cities in the region. Business attraction efforts have had some successes but the region still faces challenges in transitioning its economy and reducing unemployment disparities with the national average. Regional collaboration between communities is viewed as important for Northeast Ohio's continued economic development.

1. Team Northeast Ohio
2009 State of the Region
September 24, 2009

2. Welcome
Chris Connor
Chairman & CEO, Sherwin-Williams Co.
Chairman, Board of Trustees,
Team Northeast Ohio

4. Business Investment and
Economic Update
Tom Waltermire
Chief Executive Officer,
Team Northeast Ohio

5. How Well Do You Know the Plus?
1 2 3
17%
53%
30%
The Output (Gross Regional Product) for
Manufacturing in the past 15 Years in
Northeast Ohio has:
1. Grown
2. Remained Stable
3. Declined

6. NEO Manufacturing Output Stable:
Growing Segments

7. How Well Do You Know the Plus?
1 2 3 4 5
27%
17% 17%17%
23%
Compared to 2004, NEO Industrial Vacancy
Rate in 2009 is:
1. Much Lower
2. A Little Lower
3. Similar/Comparable
4. A Little Higher
5. A Lot Higher

8. Industrial Vacancy Lowest in 5 Years

9. How Well Do You Know the Plus?
1 2 3 4
27%
33%
20%20%
How Many Northeast Ohioans Live In One
County, but Work in Another?
1. 5%
2. 15%
3. 25%
4. 50%

10. We Live and Work as a Region

11. How Well Do You Know the Plus
1 2 3 4 5
20% 20%
27%
17%17%
Which Industry Has Grown Faster in Northeast
Ohio Than in the Rest of the US?
1. Biomedical
2. Computer/Electronics
Manufacturing
3. Scientific R&D
4. None of the Above
5. All of the Above

12. High Growth Industries Outpacing US

13. Transitioning Economy

14. Economy: Long-Term Growth;
Short-Term Mirroring Nation

15. Unemployment Gap to US Closing

16. Diversifying Economy

17. NEO Still Top HQ Region

18. Bio-Med: 37% Growth/5 Years

19. Team NEO: Regional Business Attraction

20. 20
NEO Regional Economic Development System

21. Team NEO: Regional Business Attraction Agent
Generate
Leads
Execute
Leads
Promote Regional
Teamwork
Team NEO’s Strategic Focus
Team NEO advances Northeast Ohio's economy by attracting
businesses worldwide to the 16-county Cleveland Plus region.
Team NEO’s Mission

22. Partners and Funders
The People who Make it all Possible
TIMKEN FOUNDATION of
Canton

23. 43
Active Leads
Generate
Impressions
NEO Region Economic Development System
Close
Deal
Qualify
Leads
Qualify
NEO
Negotiate
Deal
# qualified leads # short list $Payroll
Metrics
53
New 2009 Leads
Increasing Local Role

24. Business Attraction Remains Strong
Objectives 2008
Actual
9/24/09
Actual
New Qualified Leads 82 53
Leads to Short List 26 18
New Annual Payroll
Added
$32 MM $19 MM
Pipeline: 17 Active Short List Projects:
Potential Payroll of $77 million (1,700 jobs)

25. Results

26. Transformational Activity Across Region
• Cuyahoga/Cleveland
– Opportunity Corridor Receiving $20M from State
of OH; GCP Launches Steering Committee
– Medical Mart/Convention Center Plans in Place
with Team in Region
– Gordon Square Arts District Opens $7.5M
Capitol Theater; District Renovations Anticipated
at $55M+ Capital Investment

27. Transformational Activity Across Region
• Summit/Akron
– National Polymer Innovation Center: $20M
investment to house 10 laboratories
– PlusOne Communications to add 1,000 new jobs,
$5M total investment
• Stark/Canton
– Shearer’s Foods: $66 M expansion to add 70 Jobs
– Rolls-Royce Fuel Cell Systems expanding at Stark
State College of Technology

28. Transformational Activity Across Region
• Lorain
– Greenfield Solar Corp. to Create 200 New Jobs
– Immediate Pharmaceutical Services, Inc. to
Open New Facility and Add 200 New Jobs
• Medina
– Falcon Industries: 350K Sq. Ft. Facility, 45 Jobs
– $6M Sandridge Food Corp. Expansion, 50 Jobs
• Youngstown/Warren
– V&M Star Finalizing $1B Expansion
– GM Completing $350M Investment in Lordstown

29. Be The Plus
• Be the Plus:
– Know the Facts; Be Positive
• Pass the Plus:
– Spread Good News to Customers, Employees
• Build the Plus:
– Help Team NEO Create In-Region Lead Referrals
– Assist with Specific Company Site Visits
– Support the Cleveland Plus Campaign

30. Business Attraction Wins:
Welcome to the Plus

31. • California-based global pharmaceutical firm
• R&D Center in NEO
• 60+ new jobs, $3 million in new, annual payroll
• Company chose NEO over California

32. • Global accounts receivable and call center
management company
• Call center in Middleburg Heights
• 125 new jobs, $3.1 million in new annual
payroll
• Chose NEO for workforce, strategic location
and ease of doing business

33. • Galway, Ireland innovator of surgical products
• US Headquarters in Cleveland
• 26 new jobs; $1.8 million in new annual payroll
• Chose NEO for strategic collaborations
including Case Western Reserve, the
Cleveland Clinic and the Global Cardiovascular
Innovation Center

34. • Indiana-based specialized steel processor
• Establishing manufacturing facility in Cleveland
• $18.5 million in capital investment
• 60+ new jobs, $3.1 million in new annual
payroll
• Chose NEO for geographic strategic position

35. Regional Marketing:
A PLUS for Northeast Ohio

36. A Strong Region Starts
with Strong Communities
Mayors’ Discussion

37. Richard B. McQueen
President and CEO
Akron-Canton Airport

38. The City of Akron
The Honorable
Donald L. Plusquellic

39. Bruce Klink
President
Dominion East Ohio

40. The City of Canton
The Honorable
William J. Healy II

41. Rob Reynolds
Senior Director – External
Affairs
AT&T

42. The City of Cleveland
The Honorable
Frank G. Jackson

43. Mike Hardy
Partner
Thompson Hine LLP

44. The City of Youngstown
The Honorable
Jay Williams

45. The Honorable Mayor Donald L. Plusquellic,
City of Akron
The Honorable Mayor William J. Healy II
City of Canton
The Honorable Mayor Frank G. Jackson,
City of Cleveland
The Honorable Mayor Jay Williams,
City of Youngstown
Moderated by: Tom Waltermire,
CEO Team NEO