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

Nobody’s Perfect

“A man’s errors are his portals of discovery.” – James Joyce   Let’s face it, the past two years have been brutal for the denizens of Detroit. Two of Motown’s mighty Big Three automakers went belly up and nearly sank in the depths of the Great Recession before being rescued by a federal bailout. Detroit became the unofficial unemployment capital of America, bottoming out at nearly 20 percent. The mayor ...

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NJ to Business: Choose New Jersey

New Jersey has launched a privately funded nonprofit to market the state. The $2 million effort, called Choose New Jersey, has recruited 15 local corporations to help promote and facilitate business attraction, retention and expansion. The new organization was announced at the New Jersey Manufacturers Insurance Co. in West Trenton this week. Choose New Jersey is part of Gov. Chris Christie’s New Jersey Part ...

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Topura America Fastener Expands in Bowling Green, KY

Gov. Steve Beshear today joined company and community leaders in Bowling Green to announce the expansion of Topura America Fastener.  A manufacturer of automotive and industrial fasteners, Topura America Fastener will add 30 new jobs in phases over the next three years, bringing their total employment at the Bowling Green plant to 95.  Additionally, the company will invest $9.34 million as a result of the e ...

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Illinois Corporate Moves

Astrellas Pharma U.S. Picks Glenview, IL for Headquarters Gov. Pat Quinn has announced an approximately $4 million investment package to assist Astellas Pharma US, Inc. in establishing their new corporate headquarters for the Americas in Glenview. The state’s business package will leverage $140 million in private investment and will create 150 new jobs, further strengthening the economy of Northeast Illinoi ...

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Offshore Drilling Halt Could Slash Jobs

President Obama’s announcement last week indefinitely suspending work at 33 deepwater drilling platforms in the Gulf of Mexico has state officials in the Gulf region making dire forecasts of potential job losses as a result of the shutdown. The president imposed a moratorium on operations at the deepest offshore drilling operations in the wake of BP’s disaster in the Gulf, which has poured an estimated 39 m ...

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