Cohen & Co has announced plans to expand their footprint in Northeast Ohio, adding more than 60 new jobs and retaining 320 positions. The firm will expand throughout its three Ohio locations, including its Cleveland headquarters and Akron and Youngstown offices. The Ohio Department of Development (ODOD) approved the project for tax credit assistance at its meeting today.
“Northeast Ohio has been our home since we opened our doors nearly 45 years ago,” says Cohen & Co CEO Randy Myeroff. “We are grateful for the support the region has given us, and we know how critically important it is to give back. Adding jobs and recommitting to this region’s continued development and rising star status is truly exciting for us.”
Cohen & Co chose to expand in Northeast Ohio given its longtime commitment to the success of the region and strong partnerships with the area’s numerous universities and colleges. An economic development team comprised of JobsOhio, Team NEO, Youngstown/Warren Regional Chamber, city of Youngstown and ODOD worked with company executives to ensure the organization grew its operations here.
“The Northeast Ohio Region has a strong and supportive business community with a 100-plus-year heritage in financial services, part of our growing, world-class professional services cluster,” added Team NEO CEO Bill Koehler. “Along with our local partners, ODOD and JobsOhio, Team NEO, we welcome Cohen & Co’s expansion here and are committed to working with company leaders to ensure their ongoing success and growth of their business.”
About Team NEO
Team NEO is a private, nonprofit economic development organization accelerating business growth and job creation throughout the 18 counties of the Northeast Ohio Region. As the designated JobsOhio Network Partner, we align and amplify local economic development efforts in the region’s 18-counties; we conduct research and data analysis to inform local conversations and influence solutions; we market the Northeast Ohio Region; and we work to increase access to jobs, education and training for the region’s 4.3 million people. We do this to build a more vibrant regional economy; one that is more talented, equitable, competitive, innovative, resilient and prosperous. For more information, visit teamneo.org.
About JobsOhio
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.