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Fishman to build $350m Ottawa residential project - Jerusalem Economic Corporation and Darban Investments will build1,100 apartments and 1,200 shops adjacent to the Bridlewood Mall
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High Point Economic Development Corp. reports banner year
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High Point Economic Development Corp. reports banner year

HIGH POINT -- It's been a banner year for economic development in the city, and there's still more to come.

Thirteen companies have decided to move to or expand in High Point during the past year, bringing at least 837 new jobs. Six companies also decided to relocate to High Point, including La-Z-Boy, which will move from Greensboro, and Legacy Classic Furniture, which will come from Winston-Salem in 2007.

MK Avraham delays arrangement bill - Finance Minister Hirchson wants the Knesset Finance Committee to handle the 2007 budget and economic arrangements bills together

Knesset House Committee chairperson MK Ruhama Avraham (Kadima) today deferred handling the 2007 economic arrangements bill, which includes a large number of measures, reforms, and structural changes, because of a dispute with Minister of Finance Abraham Hirchson.

Hirchson wants the Knesset Finance Committee to handle the 2007 budget and economic arrangements bills together. However, the House Committee today approved Avraham's position that the economic arrangements bill should not include structural changes and other matters that are not directly related to the budget.

Economic development group for Northeast Ohio focuses on 'smart regionalism'

To properly execute the unique mission of Team NEO, a private-sector-led economic development organization for Northeast Ohio, Chief Executive Officer Thomas A. Waltermire knows he must occasionally perform a balancing act or two.

"It takes a certain mentality to be in organizations like this," said Waltermire, who began his executive position in March. "You have to have a blend of being passionate about pushing the curve as fast as possible, but also having the perspective to understand that you're dealing with such a big battleship."

That battleship is attempting to be the central hub and connector for businesses within the communities Team NEO represents, like Cleveland, Akron and Youngstown.

While it was established in 2003 by corporations and chambers of commerce in those areas, Team NEO also serves as a reminder that the region is much more than major urban centers.