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Economic Development

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.

Economic Development | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions


http://businessfacilities.com/2017/01/abb-investing-67-5m-montreal-canada/
The Swiss engineering firm will establish a new North American headquarters and research and development facility in Montréal.

ABB Investing $67.5M In Canada

ABB Investing $67.5M In Canada

The Swiss engineering firm will establish a new North American headquarters and research and development facility in Montréal.

Salesforce Opens Seattle Area Engineering & Innovation Hub

World's fastest-growing top 10 enterprise software company plans to double local workforce to 500 in Bellevue, WA.

Kayser Automotive Adding 100 Jobs In Western Kentucky

The $26M project was made possible by a complex economic development deal involving candle manufacturer MVP Group moving its operations from Fulton to Mayfield.

LKQ Creating 150 Jobs In Nashville

The automotive equipment and accessories distributer and marketer will build a new 100,000-square foot building in Davidson County, TN.

Packsize International Selects Utah For Global HQ

Packsize International, an On Demand Packaging® company will expand its Salt Lake City, UT operations, adding up to 354 jobs and an expected $9.2 million in capital investment.

SAP Creating 392 New Jobs In Pennsylvania

The software company will build a  $72M facility on Pittsburgh’s North Shore, and expand its workforce at its Newtown Square location with the help of grants and tax credits from the commonwealth.

High-Growth Sector

Statewide legal marijuana is a $6.7-billion industry that may all go up in smoke if the Justice Department enforces federal laws prohibiting it.

Green Circle Health Picks Indiana For Client Services Center

The healthcare tech company will locate a new Client Services Center in Carmel, IN, creating up to 125 new jobs by 2022.

The Rockport Group Moves Global Corporate HQ

The shoe manufacturer will occupy a new 70,000-square-foot office space in Newton, MA, just outside of Boston.

KPMG Chooses Orlando For Learning, Development & Innovation Facility

The $400 million Innovation Center, to be built on a 55-acre campus in Lake Nona, will provide an immersive learning experience that will enhance the skills KPMG professionals bring to client situations.

AB BioTechnologies Investing $10.5M In Indiana

The drug development company will add contract manufacturing services to its Bloomington, IN operations, creating up to 33 new jobs.

Maryland Governor Announces $7.5M To Create Green Energy Institute

Part of Gov. Hogan’s 2017 Environmental Package, the institute will develop and attract private investment and commercialize clean energy innovations and deployment solutions in Maryland.

JLABS @ NYC Will House Life Science Startups

The 30,000-square foot facility — a collaborative effort by Johnson & Johnson Innovation, New York State and New York Genome Center — will have capacity for up to 30 life science startups focused on biotech, pharmaceutical, medical devices and consumer health.

Amcor Investing $40M In Ohio Expansion

Amcor Rigid Plastics will expand its bottle manufacturing operations in Bellevue, OH with help from a JobsOhio economic development grant.

The Linde Group Investing $40M In Georgia Plant

The manufacturer and supplier of industrial gases will create 35 jobs at a new air separation plant in Adel, Cook County.

Five Hiring Trends To Watch For In 2017

CareerBuilder's annual job forecast finds 40% of employers plan to hire full-time, permanent employees in 2017, predictions for how the Trump administration will impact hiring are mixed.

Amazon Plans Second Jacksonville Fulfillment Center

The 1 million-square-foot, state-of-the art fulfillment and distribution center will create an additional 1,000 full-time jobs in Jacksonville.

Ford’s El Foldo

Ford's decision to cancel its plans to build a $1.6-billion assembly plant in Mexico is not a clear-cut victory for U.S. manufacturing.

Alabama Auto Production Hit Record High In 2016

Alabama’s auto production climbed to a new record high in 2016, as workers at the state’s three auto assembly plants kept up a brisk pace of building SUVs, pickups and sedans for markets around the world.

Glovis America Creating 150 Jobs In Louisiana

The company’s new inland distribution center will operate in a 125,000-square-foot facility and more than 90 adjoining acres at the former GM site in Shreveport.

Mississippi Lands Business Facilities’ 2016 Deal Of The Year

The $1.45 billion Continental Tire plant in Clinton, MS wins the magazine’s Gold Award for Economic Development Deal of the Year.

Indiana RV Manufacturer Expanding In LaGrange County

Forest River will invest $6.7M to expand into three facilities totaling 450,000 square feet, creating up to 425 new jobs by 2019.

Texas Named Business Facilities’ State Of The Year

The Lone Star State wins BF's top annual honor for the third time.

World Wide Technology Asynchrony Labs Expands In St. Louis

The IT consulting firm will use the space to host business clients, showcase technology demonstrations, and provide its growing workforce with areas to collaborate and innovate.

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