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

Washington Corporate Moves

SeaTac Sustains Robust Growth The City of SeaTac, WA, enjoyed outstanding success with commercial real estate and economic development in 2010. Even in the face of a continuing recession the city proved to be an attractive location for a wide variety of new businesses. Tens of thousands of square feet of vacant space was leased and many new jobs were created in the city. A new hotel is under construction an ...

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Pfizer Expanding in Boston, MA Area

Pfizer Inc. has announced will add 350 jobs in the Boston area and look for a new site to house a pair of research operations it will move from southeastern Connecticut, the Boston Globe reports. The pharmaceutical giant also unveiled a restructuring plan that will cut global R&D by $1.5 billion, eliminating thousands of jobs around the world. However, despite these cutbacks, Pfizer will grow in Massach ...

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Maryland Streamlines Development Process

Gov. Martin O’Malley has launched “Business in Maryland Made Easy,” an economic development initiative and part of the governor's ongoing efforts to improve the conditions that allow businesses to grow and create jobs. “Maryland Made Easy”includes specific strategies for state agencies to help improve Maryland’s business environment by streamlining processes, simplifying regulations and improving communicat ...

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Rising tide of red ink

Anyone who thought state budget deficits were confined to one or two regions of the United States had a sobering wake-up call in the form of a report issued this month by the Center on Budget and Policy. The report indicates that the sea of red ink has now washed over no less than 44 states. Nevada, Illinois, New Jersey, Texas and California lead the list of states in arrears, each compiling current deficit ...

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IA Governor Unveils Public-Private Agency

Gov. Terry Branstad plans to unveil details Monday about a new economic development authority that would replace the existing agency, according to a report in the Des Moines Register. Gov. Branstad is expected to introduce the new Iowa Partnership for Economic Progress at his weekly press conference. He campaigned on a plan to scrap the existing Iowa Department of Economic Development, saying it was dysfunc ...

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Auto Parts Supplier Expands in Troy, MI

Automotive parts supplier ArvinMeritor will invest $23 million in facility and equipment upgrades to its headquarters in Troy, MI. The company got approval from the Troy City Council this week for personal and real property tax abatements that will total $2.4 million, $454,457 which will be city taxes, over a 12-year period. ArvinMeritor, which specializes in heavy duty truck, defense and industrial drive t ...

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Alaska Expands Development Incentives

Alaska Gov. Sean Parnell submitted four pieces of legislation to encourage increased investment in Alaska’s resource development and create job opportunities for Alaskans. "We continue to focus on legislation that will create economic opportunities and jobs for Alaskans,” Governor Parnell said. The governor transmitted a bill to establish a 20 percent tax credit for qualified research and development conduc ...

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