Business Report

Business Facilities Magazine – The leading source of intelligence for corporate site selection, expansion, relocation & area economic development solutions.



Florida

Florida: Jacksonville A Finalist For F-35 Squadron Base

Selection of Florida’s National Guard to host the new Joint Strike Fighters could have an annual economic impact of $100 million for the region.
Kansas City KS

Kansas: GM Expands at Fairfax Facility in Kansas City

The auto giant, which already has an assembly plant in Fairfax, is leasing 830,000 square feet in a facility in the Fairfax Industrial District.
Louisiana

Louisiana: Plaquemines Parish Lands $8.5-Billion LNG Complex

Venture Global’s two liquified natural gas projects in Louisiana, a total investment of $13 billion, will make the state a leader in LNG exports.
Kansas Business Report

Kansas: Amazon Picks Kansas City for Fulfillment Center

The Sunflower State Fulfillment Center, which will create 1,000 jobs, is the second large distribution facility the tech giant has placed in KS this year.
Lexington

Kentucky: Biotechnology Sector Is Surging In Lexington

A $1.8 million specialized biotech startup and a $10 million expansion of Coldstream Labs’ pharmaceutical plant are the most recent additions to Lexington’s growing biotech cluster.
Canada

Business Report: Canada – Bridgestone Americas Expanding in Quebec

A multi-phase, $225-million investment will increase capacity at the company’s Joliette, Quebec plant to produce larger-diameter tires for trucks and SUVs.
food processing Alabama

Alabama: Generating Growth From The Ground Up

Consumer trends are creating a groundswell for locally sourced foods, creating new opportunities for Alabama’s farmers to bring their products to market.
Michigan

Michigan: Flex-N-Gate Corp. Puts Plant in Detroit

The auto supplier will invest $95 million in a 500,000-square-foot production facility in the motor city, creating 650 new jobs.
Wisconsin

Wisconsin: Milwaukee Tool Adding 600 Jobs In Brookfield

The manufacturer of heavy-duty power tools is undertaking a 200,000-square-foot expansion, including a new four-story office building.
New Jersey

Business Report-New Jersey: Jet.com Expands HQ in Hoboken

The e-commerce enterprise will double the size of its corporate offices at the Waterfront Corporate Center III, and Allied Specialty Foods decides to stay put in New Jersey.
York Nebraska

Business Report: Nebraska – Community Development Block Grant Funds Expansion in York

The Nebraska Department of Economic Development awards $267,955 to help upgrade York Cold Storage’s facility.
Illinois Business

Business Report: Illinois Leaders Form Non-Profit to Spur Job Creation

The Illinois Business and Economic Development Corp. will adopt best practices and focus on sales, marketing and exceptional customer service.
Texas Business Report

Texas: Tri-Agency Workforce Initiative Aims To Meet 21st Century Job Needs

Regional workforce and educational conclaves will make recommendations to ensure the Lone Star State is ready for new and expanding businesses.
Port of Savannah Georgia

Savannah Notches Record Cargo Volume

Georgia’s largest port moved nearly 4 million containers in 2015, an increase of 11.7 percent over the previous year.
Lake Charles, LA - Axiall Corp. and Lotte Chemical Corp. will invest 3 billion in two new chemical manufacturing plants.

Axiall, Lotte Invest $3 Billion in Louisiana Chemical Plants

A joint venture will build a new $1.9-billion ethane cracker and a $1.1-billion glycol plant on a Lake Charles site in Calcasieu Parish.
Iowa Economic Development

IEDA Funding, Tax Breaks Spur Job Creation in Iowa

Financial assistance and incentives are approved for four companies that will invest $254 million and create 241 new jobs.
Florida Enterprise Fund

Florida: A Million Miles For A Million Jobs In The Sunshine State

On a statewide bus tour, Gov. Rick Scott hails Florida’s success creating new jobs, calling for $1 billion in tax cuts and the creation of a $250-million Florida Enterprise Fund.
north-carolina

Business Report – North Carolina: Growing Innovation Throughout The Tarheel State

North Carolina doubles down on growth plans for technology and innovation, with new funding and a new university-led program, InnovateNC.
california-solar-antelope-valley

Business Report – California: Largest Solar Facility On Earth Goes Operational

BHE Renewables’ 579-megawatt solar project in Antelope Valley, CA is now fully connected to the California ISO grid.

Business Report: Tennessee – DENSO Manufacturing Expanding in Maryville, TN

Automotive components and systems producer DENSO Manufacturing Tennessee, Blount County’s largest employer, is investing $400 million in an expansion creating 500 new jobs.
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
Texas 2023 State of the Year

2023 State Of The Year: Opportunity Awaits In Texas

A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.

[VIDEO] Get More for Your Business in Ardmore. Oklahoma

The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.

Location Spotlight: Capitalize On Opportunity In Washington, DC

Experience the momentum firsthand as Washington, DC sets new benchmarks in the business world. Whether you're a visionary entrepreneur or an established company, our city offers limitless possibilities for your growth and prosperity.