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

Missouri Gets $1.2 Million for Green Jobs Training

The Missouri Department of Economic Development (DED) has been awarded an American Recovery and Reinvestment Act grant. The state of Missouri, through the Missouri Department of Economic Development (DED), has been awarded an American Recovery and Reinvestment Act grant for $1,227,192 in the area of “green” jobs training. DED’s key partners in receiving the State Labor Market Information Improvement Grant a ...

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Eminently Wrong

In 2005, the U.S. Supreme Court issued a landmark ruling that sent shock waves through everyone who assumed that the government could not seize private property without a very good reason, usually involving a public use like a new highway or other critical infrastructure project. In a highly controversial 5-4 decision in Kelo v. City of New London, CT, the High Court upheld the condemnation of several priva ...

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Owens Corning Expands in N. Memphis

The company is investing $22 million in its Tennessee laminates facility. Owens Corning is investing $22 million in an expansion of its North Memphis, TN, facility. The site currently produces residential and commercial roofing strip shingles, and employs 92 people. The investment will create 15 new jobs, and allow Owens Corning to expand the site's manufacturing capability to include aesthetically pleasing ...

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Blackhawk Composites to Open Plant in KY

Governor Steve Beshear and Economic Development Cabinet Secretary Larry Hayes announced Blackhawk Composites, Inc., a start-up manufacturer of advanced aerospace composite parts, will begin manufacturing operations in Butler County. The project entails the creation of 20 new jobs initially, growing to 30 within the first year, and a more than $1.5 million investment in the Commonwealth. "The start-up of Bla ...

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High-Tech Worker Visas Still Available

We have been reporting for some time in this space that the shortage of skilled workers in the U.S. has been exacerbated in recent years by the government’s decision to cut back on H-1B visas. The quota of H-1B visas, which are reserved for highly trained technology professionals, was reduced to 65,000 due to mounting security concerns after the 9/11 attacks. In 2007 and 2008, applications for H-1B visas ex ...

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New South Lumber Co. Expanding

Gov. Mark Sanford, the South Carolina Department of Commerce and the Darlington County Economic Development Partnership this week joined New South Lumber Company, a member of the Canfor group of companies, at a ribbon cutting event to celebrate the company’s expansion in Darlington County. The company invested $7 million to make upgrades and additions to its facility. “These additions to ou ...

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LiveXchange Keynote: Carbon Credits Will Shape the New Economy

The shape of the new economy is going to be defined by an emerging $3-trillion global market in carbon emissions credits, attendees at the fifth annual Business Facilities LiveXchange were told Monday.In a keynote address entitled "Contemplating Carbon: How Climate Change Regulation May Effect Business Facility Decisions," San Francisco-based attorney William Sloan predicted that a cap-and-trade system of c ...

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Michigan Fund Aids Diversification

Governor Jennifer M. Granholm and Michigan Economic Development Corporation (MEDC) President and CEO Greg Main have announced that the Michigan Supplier Diversification Fund will help two companies -Maverick Industries Inc. and Wolverine Metal Stamping Inc. - expand operations and create jobs. The program addresses the current lack of bank financing available to companies that are attempting to diversify. T ...

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Dell Shutting Computer Plant in NC

Dell announced this week it will close its desktop computer manufacturing plant near Winston-Salem, NC by the end of January. The plant, which employs 905 workers and produced units mainly for business customers opened four years ago. The Dell facility was showered with a state incentives package worth an estimated $318 million, primarily tax breaks and grants, when the computer firm decided to locate the p ...

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