Monthly Archives: February 2012

BUSINESS REPORT: Mississippi Aims To Move To The Head Of The...

With a new governor, the Magnolia State is moving to revitalize Mississippi’s business outlook in 2012 by focusing on emerging industries, including clean energy and the creative economy. From the January/February 2012 issue.

BUSINESS REPORT: Louisiana Keeps Moving Up Way Down South

Louisiana remains a solid front runner for job growth and business development with best-in-the-nation workforce training and technology incentives that are cultivating a high-quality workforce. From the January/February 2012 issue.

Wichita Airport Authority Gets $2-Million Federal Grant

The investment will support infrastructure improvements on WAA land adjacent to the Bombardier Flight Test Center in Wichita, KS.

FEATURE STORY: Aerotropolis – Landing In The Heart Of 21st Century...

The future of economic development is taking shape at major international air hubs that have become the anchor of an organically expanding growth strategy: the Aerotropolis. From the January/February 2012 issue.

State of the Industry 2012

In his annual State of the Industry presentation, the IEDC president details how economic development professionals adapted after the Recession.
By Jeff Finkle, President & CEO of IEDC

NY Asks Feds to Fund ‘Launch New York’ Jobs Program

Upstate New York was selected as one of seven regions nationwide to participate in the new JumpStart America initiative, aimed at accelerating small business growth.

Thinking Differently

Apple responds to a global uproar over its labor practices by hiring a non-profit to inspect the factories in China that make its products.

NuStar Energy Plans $365-Million Expansion in Louisiana

The energy producer will expand capacity at its St. James Terminal to 11 million barrels, creating 301 new direct and indirect jobs in Southeast Louisiana.

FEATURE STORY: Powering New Markets – Converting Green Energy To Currency

Sky-high expectations that renewable energy would be the growth driver of a new economy are giving way to market-driven realities. From the January/February 2012 issue.

Ulthera Puts Global HQ in Mesa, AZ, Adds 100 jobs

The medical device company, which pioneered applications using its therapeutic ultrasound platform, will invest $1.68 million in its Arizona operation.

Honeywell Expands Advanced Fiber Production in Virginia

The company is investing $27.5 million in its Chesterfield County operation, which produces bullet-resistant composites for the U.S. military and law enforcement.

Toyota Consolidates SUV Production at Princeton, IN Plant

The Japanese carmaker will invest $131 million in an upgrade of the Indiana facility, creating 400 new jobs by 2013.

Jefferson National Financial Moves Corporate HQ to Louisville

The financial firm will move its HQ from New York, invest $4 million and create 95 jobs in Kentucky.

South Carolina Powers Growth with Lower Electric Rates

Utilities who make up the largest electric power system in the Palmetto State are offering a new, lower rate to facilitate industrial expansion.

U.S. Jobs Growth Better than Expected, Unemployment Drops

Employers added 243,000 jobs in January, dropping the unemployment rate to 8.3 percent, its fifth monthly decline in a row and the lowest level since February 2009.

Rubbermaid Expands Manufacturing in Mogadore, OH

The company will invest more than $25 million in a new facility, adding 140 new jobs.

Super Bowl of Sports Museums

If the stars of Sunday's big game make it to the Pro Football Hall of Fame, they will enter an expanded and completely renovated shrine in Canton, OH.

General Motors Starts $200-Million Upgrade of Texas Plant

GM is adding a new stamping facility at its Arlington, TX assembly plant, which produces full-size SUVs, a project that will create 180 jobs.