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

Illinois BIO Gets OK for Start-up Incentives

The Illinois General Assembly has passed—with overwhelming bipartisan support—an Angel Tax Credit that incentivizes early-stage investment in Illinois technology companies. The governor is expected to sign the bill (SB 2093) or a second measure (SB 3710) with an identical Angel Tax Credit sent over to the Senate yesterday by the House. The legislation, which when enacted will be effective on January 1, 2011 ...

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United We Stand

  A small news item caught our eye the other day, and we hope it is a sign of the times. This is what it said: “Twinsburg, Ohio and Solon, Ohio, have agreed to limit the tax incentives they can offer to lure businesses away from each other, hoping rather that economic development for both communities will improve with regional cooperation.” These two neighbors in the Buckeye State are on to something t ...

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Life Sciences Firm Relocating to Jersey City

Intrasphere Technologies, which provides consulting services to the life sciences industry, plans to relocate its offices to Jersey City, NJ next month, the Star-Ledger reports. The company intends to move 120 existing jobs to offices in the Harborside Plaza 10 building and plans to add another 180 jobs over the next two years. The New Jersey Economic Development Authority awarded the company a grant worth ...

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NY/NJ Expect Big Payday from Big Game

It took four ballots—reducing the needed margin from two-thirds to a simple majority—but an historic joint bid by New York and New Jersey was rewarded yesterday with the selection of New Meadowlands Stadium as the site of Super Bowl XLVIII in 2014. Now, state and local officials are predicting that the first outdoor NFL championship in a cold-weather site in almost 50 years will result in an economic windfa ...

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Ontario Renewable Energy Project to Invest $7 Billion

The Ontario Technology Corridor is aggressively promoting at this week’s WINDPOWER 2010 conference in Dallas its $7-billion commitment to the development of alternative energy in Canada. Earlier this year, the Government of Ontario signed a $7-billion green energy investment agreement with a consortium created by Samsung C&T Corp.’s Trading and Investment Group and the Korea Electric Power Corporation ( ...

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Vitacost Expands in Davidson County, NC

Vitacost has decided to double its operations in Davidson County, NC. The company, based in Boca Raton, FL said it would add between 228 and 300 jobs over five years as it expands by 115,000 square feet at its complex in Lexington, according to a report in the Winston-Salem Journal . Vitacost is a manufacturer, distributor and online retailer of vitamins, and herbal and other health-supplements. Along with ...

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Amonix to Build Solar Plant Near Las Vegas

A solar power company plans to build a manufacturing plant in the Las Vegas area, creating about 300 jobs in what officials say is an emerging industry for Nevada. The company, Amonix, announced the new facility at a press conference showing off a solar power generating plant built by Amonix at a Southern Nevada Water Authority facility. The location of the manufacturing facility has not been announced. Amo ...

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Upstate NY, Canada Team Up on Wind Power

The CanAm Wind Energy initiative, a formal partnership between Greater Rochester Enterprise (GRE), Buffalo Niagara Enterprise (BNE), and Niagara Economic Development Corporation (NEDC) Canada, was announced today. CanAm Wind Energy will make its debut at the world’s largest annual event for wind energy, the 2010 Wind Power Conference and Exhibition.  The conference takes place next week from May 23-26 in Da ...

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