Industryweek 3794 Cleveland

A Manufacturing Comeback in Cleveland

Feb. 21, 2013
Reversing a two decade trend manufacturing is now fueling Cleveland's recovery.

While manufacturing in the U.S. is projected to grow 33% between 2012 and 2020, in Cleveland that number is higher.

With high-tech, advanced-manufacturing techniques taking hold — and key sectors such as plastics and rubber hitting their stride — the region's manufacturing gross regional product is projected to grow by 39% between 2010 and 2020.

By contrast, U.S. manufacturing output is projected to grow by 33% during that same time period.

The projections come from Team NEO, a nonprofit economic development organization representing Cleveland, Akron, Canton and Youngstown — once-mighty manufacturing hubs that, until recently, have held the dubious distinction of being in the heart of the Rust Belt.

But things are turning around, according to Team NEO's fourth-quarter review of economic indicators in the 18-county region.  

Click on Hot in Cleveland: Manufacturing Mounts a Comback for more on New Equipment Digest.

Popular Sponsored Recommendations

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

Your Industry 4.0 Journey

Sept. 24, 2023
When It Comes to Industry 4.0, the Journey is the Destination. Industry 4.0 must be embraced as a long-term, strategic mindset of digital transformation that dynamically alters...

Turning Your Frontline Workforce into a Competitive Advantage: A Comprehensive Guide

Sept. 19, 2023
In this guide, we'll explore how manufacturers are using digital technologies to preserve the bottom line and maintain growth by enabling and empowering their #1 asset - their...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!