Monthly Archives: January 2010

January 2010 | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions


http://businessfacilities.com/2010/01/u-s-economy-surges-by-5-7-2/
The U.S. economy grew by its fastest pace in six years in the fourth quarter of 2009, according to the latest government statistics. The government estimates that the nation’s gross national product surged by a 5.7 percent annual rate. The economy expanded by an annual rate of 2.2 percent in the third quarter of 2009, […]

U.S. Economy Surges by 5.7%

U.S. Economy Surges by 5.7%

The U.S. economy grew by its fastest pace in six years in the fourth quarter of 2009, according to the latest government statistics. The...

New Group Aims to Make Central Ohio a Tech Center

The Columbus Partnership, an organization made up of 35 top business executives from the Central Ohio region, is recommending the creation of new group—called...

Death Car Derby

We were cruising down to work on the Garden State Parkway this morning in our 2009 Toyota Corolla when a disturbing bulletin was broadcast...

McDonnell Pledges $50 Million for Jobs

Gov. Bob McDonnell want to invest $50 million to attract businesses to Virginia, bulk up tourism advertising and entice movie makers to the state,...

U.S. Wind Power Capacity Grew 39% in 2009

The growth of wind power capacity in the U.S. is expanding rapidly, according to the annual report of the American Wind Energy Association. Wind power...

GM is Betting on Electric Motors

General Motors is investing $246 million in electric motors and electric drive manufacturing facilities in the U.S. According to Tom Stephens, GM’s vice president for...

Confluence Solar Plans $200 Million Facility in TN

Governor Phil Bredesen and Tennessee Economic and Community Development Commissioner Matt Kisber have announced that Missouri-based Confluence Solar has selected Clinton, TN as the...

VC Funds Plugging into Electric Car Charging Stations

A group of equity investors led by HSBC agreed this week to provide $350 million in funding to electric vehicle infrastructure start-up Better Place,...

A Win-Win Situation

In the past few months, we’ve written about numerous plant closings and consolidations. So it was very refreshing to receive this report from the...

MTU Detroit Diesel Puts Plant in Aiken County, SC

The South Carolina Department of Commerce and the Economic Development Partnership have announced that MTU Detroit Diesel Inc. is planning to ...

Morrell Closing Sioux City Meatpacking Plant

John Morrell & Co. has announced it is permanently closing its hog processing and fresh meat fabrication plant located in Sioux City, Iowa, effective April 20, 2010....

Renewable Energy Incubator Opens in Utah

Utah's first business incubator focused on renewable energy has begun operations at University Plaza, near the campus of Dixie State College. A collaborative...

Swiss Post Robust 2009 FDI From U.S.

Switzerland says it scored 37 new or expanded investments from North America in 2009.

Help for Haiti

We have all been shocked by the scenes of devastation that have emerged from the disaster in Haiti. The 7.0 magnitude earthquake which...

Report: Tax Incentives Waste Money, Don’t Create Jobs

A study funded by Heinz Endowments and undertaken by non-profit Good Jobs First has questioned the value of Pennsylvania’s use of large tax breaks...

ESolar to Build Solar Thermal Plants in China

ESolar Inc., Pasadena, CA,  signed an agreement last week to build a series of solar thermal power plants in China with a total capacity...

From Motown to TechTown

Much has been made in recent months about the gloomy economic landscape in Detroit. Based on double-digit unemployment statistics, Michigan and its auto-based economy...

Dubai Reaches for the Sky

Khalifa Bin Zayed, president of the United Arab Emirates and ruler of Abu Dhabi, no doubt was honored when Dubai decided to put...

Schulz Invests $300 Million in MS Pipe Plant

Wilh. Schulz GMBH has decided to locate a new $300-million seamless pipe manufacturing facility in Mississippi, Gov Haley Barbour and officials from Schulz announced...

2009 Economic Development Deal of the Year Awards

South Carolina, already home to more than 100 aerospace-related companies, lands a crown jewel: Boeing’s second 787 Dreamliner plant

State of the Year Award

The Volunteer State surges into a leadership position in green-collar job creation with an aggressive and innovative economic development strategy.

The New Incentives Guide

Financial incentives to expand or relocate your business can make the difference in where you choose to grow. This year, we are zeroing in on the newest and most innovative incentives that have been introduced or expanded in the past year.

Weathering the Storm

Business activity never stopped in Minnesota, even during the worst economic downturn since the Great Depression.

Alabama Corporate Moves

Hanwha Expands, Creates Jobs in Opelika Hanwha L&C Alabama (formally known as Maxforma Plastics LLC) announced that the company will begin a second major expansion...