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

Report Projects 7,000 Renewable Energy Jobs in Utah

A new study concludes that new renewable energy and energy efficiency investments in Utah could yield 7,000 net ongoing jobs, $310 million in net annual earnings, and a $300 million net annual increase in gross domestic product by state (GDPS) by 2020, according to alternative energy organization AWEA. The report, “Building the Clean Energy Economy: A Study on Jobs and Economic Development of Clean Energy i ...

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Bluegrass Region Attracts $47.5 Million in Venture Funds

Entrepreneurial companies in the Bluegrass Region attracted $47.5 million in venture funding, including angel and venture capital investments, in 2009, according to the annual survey by the Lexington Venture Club. The 88 Central Kentucky early-stage companies that participated in the survey reported 386 people hired and 804 people employed with an average full-time salary of $69,900. “This is another sign t ...

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Experian Adding 300 Jobs in Allen, TX

International credit information firm Experian plans to increase the size of its Allen, TX operation by almost a third, according to a report in the Dallas Morning News. Experian signed a deal this week with the city of Allen to expand its operations by 300 people in exchange for increased economic incentives, the Allen Economic Development Corp. said. Experian plans additional business operations at its 30 ...

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OK Governor Urges Funding for EDGE

Gov. Brad Henry is asking state lawmakers to develop a permanent funding source for a planned $1 billion endowment to help fund research projects in Oklahoma. Henry last week urged the Legislature to dedicate a revenue stream for the Economic Development Generating Excellence, or EDGE, fund. The Legislature voted to create the endowment in 2004, but only $150 million has been deposited so far. Interest from ...

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Where The Grass is Getting Greener

State approval of the use of marijuana for reducing nausea in chemotherapy patients and other medical applications is spreading like, well, marijuana. Fourteen states now have approved the possession of up to six ounces of pot for medical purposes, the latest being New Jersey, which passed a medical marijuana bill early last month that was signed into law by outgoing Gov. Jon Corzine. Numerous other states ...

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