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Economic Development

News & information related to economic growth, taxes & business incentives, labor & workforce development and quality of life. 

Sprawl or Tall?

Los Angeles, finally running out of room to build out, is struggling with a growing imperative to build up.

Call For Entries: 2016 Economic Development Deal of the Year

Submissions for Business Facilities' 2016 Economic Development Deal of the Year are now being accepted.

Hotwire Communications Relocates HQ To Florida

The telecommunications company’s headquarters relocation will create 375 new jobs in Fort Lauderdale, FL.

Arizona is Growing by Leaps and Bounds

With its population growing at twice the national rate, Arizona’s growth strategy includes generous incentives, job-training assistance, valued R&D assets and energy conservation.

WeddingWire To Expand, Create 200 New Jobs in Maryland

The growing wedding and event company plans to extend its corporate headquarters in Montgomery County, MD.

Crop Conglomerates

The world's biggest biotechnology success story is having some unintended consequences.

zulily Expands Again In Columbus Region

The online retailer will create more than 50 jobs at its newly opened operation in Gahanna, OH.

Growth Pilgrims: Drop Anchor For Opportunity In New England

With leading research institutions, a sought-after talent pool and a supportive network of innovators and co-location facilities, New England has made itself an attractive location for the advanced manufacturing sector.

Defense Innovation Unit Experimental Comes To Austin

DIUx will connect the Department of Defense with hundreds of private sector firms to enhance the technological capabilities of the U.S. military while growing innovative enterprises in Texas.

Top 10 Tech Trends For 2017

Top 10 Tech Trends For 2017 The technology sector is still the United States’ leading industry for real estate expansion and employment growth, according to JLL.

Hendricks County, IN Lands New Fulfillment Center

VMInnovations, a Nebraska-based e-commerce company, will create 75 new jobs at the fulfillment center by 2021.

Honeywell Will Create Over 800 Jobs In Atlanta

Honeywell’s new Georgia operation will serve as a development center for software and technologies ranging across the company’s strategic business groups.

Little Caesars Building Detroit’s First New HQ In Over A Decade

Construction is underway on a $150 million expansion to the pizza company’s World Headquarters Campus in the heart of The District Detroit.

Kohl’s To Create 300 Jobs At New Indiana Distribution Center

The national retailer is joining the state's logistics industry with a new e-commerce distribution center in Plainfield, IN.

Grow NJ Tax Credits Approved For Manufacturing, Tech, Finance Companies

The approved projects are expected to result in the creation of 900 new jobs and more than $27 million in investment in New Jersey in key industry sectors.

15 Years Later

What has not changed since September 11, 2001.

Home Chef Creating 1,200 Jobs In Georgia

The meal kit and recipe delivery service will invest $3.35 million in new facility in DeKalb County, GA.

Jellyfish Health Expanding In Florida

The health technology company will expand its Panama City, FL operations, creating 100 new jobs.

Austrian Manufacturer Establishing U.S. HQ In New York

Seisenbacher Rail Interiors Inc. will create more than 50 new jobs at its Rochester, NY manufacturing facility.

Food Processing: All Dishes Should Not Be Served Cold

In the food processing competition, the accommodating early bird gets the worm. This means adjusting processing, ingredients and labeling to meet shifting consumer tastes and priorities.

BF Location Video: Zibo, A City of Charm, Suitable for Both Residence and Business

Zibo is listed as one of China's Top 50 Cities in Competitive Strength year after year since 1992. In 2015, Zibo ranked 40th in China's Top 100 Cities of Comprehensive Strength and 35th in Forbes' Best Commercial City in Mainland China.

Plastics Company Locating U.S. HQ In Pennsylvania

Retal PA, LLC is investing at least $15M in a U.S. headquarters and manufacturing facility in Donora Borough, PA, creating 88 new, high-paying jobs.

Snack Maker Investing $15M In Second Indiana Facility

Pretzels Inc., a pretzel and snack producer, will expand its Plymouth, IN operations, creating up to 65 new jobs by 2020.

The Great Migration

The residents of an island village in Alaska have voted to move to the entire town to the mainland.

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Featured Location Spotlight

Cape Coral Economic Development Office: Location Spotlight Of The Week

As the 10th largest city in Florida and the largest city in Southwest Florida, Cape Coral is an ideal location for relocating businesses due to its large, talented and available workforce.

Featured Location Videos

BF Location Video: Zibo, A City of Charm, Suitable for Both Residence and Business

Zibo is listed as one of China's Top 50 Cities in Competitive Strength year after year since 1992. In 2015, Zibo ranked 40th in China's Top 100 Cities of Comprehensive Strength and 35th in Forbes' Best Commercial City in Mainland China.

Surveys & Research

Top 10 Tech Trends For 2017

Top 10 Tech Trends For 2017 The technology sector is still the United States’ leading industry for real estate expansion and employment growth, according to JLL.

Corporate Expansion Projections Highest Since Early 2015

Buoyed by higher profit growth expectations, business executives are predicting an increase in corporate expansion for the coming year, according to the third quarter AICPA Economic Outlook Survey.

New Jobs To Drive Migration To Middle America

Strong job growth on the coasts has been drawing people away from Middle America, but experts predict the trend will reverse.