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Texas has once again topped the Allied Van Lines Magnet States Report, which uses internal data to track U.S. migration patterns, thanks to a net relocation gain of 2,558 families in 2015.
Gov. Mike Pence’s Regional Cities Initiative, enacted this year, envisions more than 400 projects drawing nearly $4 billion in investments.
Las Vegas-based Switch will establish a new $5 billion SUPERNAP data center in Gaines Township in greater Grand Rapids, MI.
Step aside, Monmouth and Quinnipiac: BF’s got the odds-on favorites for next year’s headlines.
New report from The Economist Intelligence Unit identifies “softer” aspects of business expansions, such as finding new employees who support and enhance the brand’s existing culture, as a top concern.
Sunrun, the largest dedicated residential solar company in the U.S., will open an office in downtown Denver before the end of 2015 and plans to hire up to 800 workers over the next few years.
Dow and DuPont have apparently agreed that they would be in a stronger position as a merged company with powerful synergies to successfully navigate an eventual breakup into more specialized units. The tentative deal also may signify the next step in the evolution of the global plastics industry, a shift in focus to specialty and advanced engineered plastics from oil-based petrochemical mainstays like polyethylene. Both companies have realized the need to get bigger before they can get smaller.
Proposition 6 created an initial SWIFT fund of $2 billion, which the TWBD expects to leverage into a total of $27 billion in financing over the next 50 years to implement the state water plan, with about half of that coming from state financial assistance. State officials said TWDB was able to approve a large number of projects in the first round because a majority of entities applying for funds requested long-term financing, which enabled the board to stretch the available funds. TWBD allocates funding for water projects based on a ranking system it developed that takes into account the length of time it will take to implement a project and the overall long-term improvement the project represents. For example, a seawater desalination plant proposed by the Guadalupe-Blanco River Authority received seed funds from TWDB even though it will take much longer to build than other, higher-priority projects. TWDB must by law spend up to 20 percent of Prop 6 funds in the next five years on water conservation or re-use projects.
The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.
Beauty company Mary Kay Inc. has selected the city of Lewisville, TX as the site of the company’s new $100 million global manufacturing and R&D operations.