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This is a complete chronological archive of all site selection and economic development coverage posted on the Business Facilities website.

Nuclear Crisis Grows In Japan

A third reactor at Japan's Fukushima Daiichi nuclear plant lost its cooling capabilities today. Technicians are desperately pumping seawater into the containment vessels of the crippled reactors in a last-ditch effort to avoid a full meltdown. The risky emergency measures at the plant already have resulted in hydrogen explosions in two of the containment structures, releasing radioactivity. A 20 km zone aro ...

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Michelin Invests $50 Million in IN Facility

Michelin North America has confirmed plans to invest $50 million to upgrade equipment and expand production at the company’s BFGoodrich Tire manufacturing facility in Woodburn, IN. The project will create about 35 new jobs at the plant, which employs almost 1,600. The Journal Gazette reported in December that company officials were considering the plant for an upgrade. At that time, a union official said he ...

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Meltdown Feared at Nuclear Plant in Japan

Japan warned there could be a small radiation leak from a nuclear reactor whose cooling system was knocked by Friday's massive earthquake, but thousands of residents in the area had been moved out of harm's way, the Vancouver Sun reports. Underscoring grave concerns about the Fukushima plant some 240 km (150 miles) north of Tokyo, U.S. Secretary of State Hillary Clinton said the U.S. air force had delivered ...

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Automation Engineering Expands in SC

SC Gov. Nikki Haley, the South Carolina Department of Commerce and the Greenville Area Development Corporation have announced that Automation Engineering Corporation will expand its existing operations in Greenville County. The $6.1 million investment is expected to generate 78 new jobs over the next five years. “We are pleased to move forward with our plans to grow in Greenville. This expansion will allow ...

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Bartlett Dairy Coming to Newark, NJ

Brick City Development Corp., Newark, NJ’s economic development catalyst, has announced it has completed the sale of a 105,000-square-foot  South Ward Industrial Park site to Bartlett Dairy.  Bartlett will bring more than 400 jobs to the city over the next 5 years. “Creating jobs is one our top priorities,” said Lyneir Richardson, CEO, Brick City Development Corporation.  “The core of our work is focused on ...

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Jackson Lab to Locate in Sarasota County

Jackson Laboratory has announced it will build a new $130-million research facility in Sarasota County, BradentonTimes.com reports. The project, to be known as The Jackson Laboratory–Florida, will be housed in a 120,000-square-foot facility in Sarasota County and will also occupy laboratories and offices within the University of South Florida Health complex in Tampa. The project is expected to create at lea ...

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Ground Broken for Nucor Steel Plant in Louisiana

At a ceremony in Convent, LA, ground was broken this week for the first phase of Nucor's new $3.4-billion multiphase iron and steel manufacturing facility in St. James Parish, one of the largest industrial projects in Louisiana history. The Nucor project will result in more than 1,250 new direct jobs, averaging approximately $75,000 per year and $3.4 billion in capital investment. Gov. Bobby Jindal, Nucor C ...

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Indiana EDC Supports Entrepreneur Network

The Indiana Economic Development Corp. has created a new program aimed at attracting new resources and increasing access to capital for Indiana entrepreneurs, the Chicago Tribune reports. The agency will use its 21st Century Research and Technology Fund to create a statewide entrepreneurial network to engage private investors and regional partners in creating and supporting new companies. Executive Director ...

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Lockheed Martin Invests $26 million in Kentucky Facility

Gov. Steve Beshear has announced Lockheed Martin is reaffirming its commitment to Kentucky with a $26 million investment at Lexington’s Bluegrass Station.  The global security company was recently awarded a major contract for Logistics Support Services that will result in securing its statewide presence, as well as add 224 new, full-time jobs in Lexington over the length of the contract. "This $26 million i ...

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Green Light Turns Yellow

Historians call the period from 1876 to 1905 the Second Industrial Revolution in America. Here's a quick rundown of the innovations that remade the nation in this 30-year span: 1876 -- Alexander Graham Bell invents the telephone. 1879 -- Thomas Edison invents the incandescent light bulb. 1892 -- Rudolf Diesel patents the diesel engine. 1899 -- Marconi invents the wireless. 1903 -- The Wright Brothers make t ...

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