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

New Jersey Corporate Moves

A new form of entertainment is coming to Jersey City later this year when Pole Position Raceway opens its doors just a mile away from the Statue of Liberty. The state-of-the-art indoor karting center will feature two giant race tracks inside a 75,000-square-foot-facility, and the location couldn’t be much better. “I think people are going to really be amazed at what we are creating,” said owner Eyal Farage. ...

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The Carolinas Corporate Moves

Caterpillar Grows in Lee County, NC Caterpillar Inc. will enlarge its Sanford plant in Lee County, NC and create 325 jobs over the next four years. A Caterpillar supplier will also come to the city bringing 160 jobs. The $28 million expansion is expected to be complete by July of 2011 with new jobs paying an average annual wage of $35,602. Caterpillar is the world’s largest maker of construction and mining ...

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Inside LiveXchange

Business Facilities LiveXchange is an invitation-only event for corporate executives responsible for choosing a new location for their companies’ next facility. Delegates meet with senior economic developers from across North America; attend seminars, workshops, and think tanks led by experts in the field of relocation and expansion; and network with other corporate executives faced with the same corporate growth challenges. This month, we preview some of the high-profile speakers who will be making presentations at our 2010 LiveXchange keynote address, seminars and workshops. ...

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Indiana Corporate Moves

Cummins to Expand Seymour Engine Plant Executives from Cummins Inc. joined recently with Lt. Governor Becky Skillman to announce the company will expand its High-Horsepower Technical Center and High-Horsepower engine product line at the newly renamed Seymour Engine Plant, creating up to 200 new jobs by 2015. The Fortune 500 Company plans to invest approximately $100 million in machinery, equipment and the c ...

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U.S. EDA Funds Business Innovation Center in Pennsylvania

The U.S. Economic Development Administration has awarded more than $2.2 million to build a second small business innovation center in Wilkes-Barre, PA. The announcement was made by Willie Taylor, regional director of the Economic Development Administration's Philadelphia office. Taylor was joined at the downtown Wilkes-Barre site by U.S. Rep. Paul Kanjorski, U.S. Sen. Bob Casey, Wilkes-Barre Mayor Tom Leigh ...

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