Magazine

Business Facilities highlights area economic development and site selection news from around the world. Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.



manufacturing industry

The Manufacturing Industry: Building Back Fast

Despite turbulence caused by labor and supply chain challenges, the manufacturing industry is experiencing a positive trajectory as it recovers from the pandemic.
2021 States of the Year

BF Names Virginia, Tennessee, Massachusetts 2021 States Of The Year Award Winners

The two commonwealths and one state were chosen for excellence in Business Climate, Dealmaking or Workforce/Educational System.
November / December 2021 Issue

November / December 2021 Issue (Volume 54, Number 6)

The November/December 2021 issue of Business Facilities features the annual Site Seekers' Guide: State Profiles and Featured Locations Directory. Plus, a look at the manufacturing, automotive, film, tourism and retail industries.
CoCREATE Stamford

GE Appliances Launches Imaginative New Co-Creation Center In Connecticut

A destination for co-creation, CoCREATE Stamford will merge innovation, education and inspiration, and bring small appliances manufacturing back to Connecticut.
Thermo Fisher Scientific

Tennessee: Thermo Fisher Puts $100-Million Plant in Wilson County

Waltham, MA-based Thermo Fisher Scientific‘s new single-use technology assembly facility will create 1,400 new jobs.
Hanwha Cimarron, Opelika, AL

Alabama: Hanwha Cimarron Puts $130 Million Plant In Opelika

The new facility in Northeast Opelika Industrial Park will produce carbon fiber-wrapped, high-pressure storage tanks.
Intel New Mexico

New Mexico: Intel Plans $3.5 Billion Expansion In Rio Rancho

Semiconductor giant Intel will create 700 high-wage jobs at its chip fab in Sandoval County, New Mexico.
Ocean Aero

Mississippi: Milwaukee Tool Expands In Grenada And Clinton

Hardware maker Milwaukee Tool expects to create 800 new jobs in Grenada, MS and will add 400 more in Greenwood, Jackson and Olive Branch.
Ottumwa, IA

Iowa: A $4 Billion Economy Grows In Ottumwa

With shovel-ready sites, a skilled workforce and a strategic location, Ottumwa, IA has everything you need to grow.
Illinois

Illinois: Building The Future In The Land Of Lincoln

With a talent pool approaching 7 million—a third of whom hold a bachelor’s degree or higher—Illinois has the skill sets needed to fill 21st-century jobs.
Opportunity zones

Opportunity Zones: Boom Or Bust?

Opportunity zones allow investors with unrealized capital gains to sell those assets and reinvest the gain in a QOZ with a bigger after-tax return.
Arizona

Arizona Wants You To Visit

A new $101-million program is designed to spur recovery of the state’s tourism industry using American Rescue plan funds.
Texas

Everything Is Big In Texas—And Getting Bigger

The Lone Star State has been the top state for exports for 19 consecutive years, surpassing the combined total for its three closest competitors.
supply chain

Logistics: Constant State Of Change

Massive disruptions to global supply chains during the pandemic have forced the logistics sector to rapidly adapt, with manufacturers moving their supplier networks closer to home.
Agribusiness

Locations For The Agribusiness Industry: Setting The Table

The USDA is adding ethanol and whiskey to its annual tally of agricultural products, with U.S. exports expected to outpace imports by nearly $20 billion.
cybersecurity

Cybersecurity: A Threat That Keeps On Growing

With ransomware emerging as a top national security threat, locations with strong cybersecurity sectors are racing to fill a shortage in skilled workers that is leaving half of the industry's job openings unfilled.
Innovation Hubs

Innovation Hubs: Where Innovation Lives

An $80-billion program proposed by President Biden is aiming to spur sustainable growth by supporting the establishment of innovation centers in regions hampered by underinvestment.
Governor Roy Cooper

North Carolina Governor’s Report: Aiming To Stay On Top

North Carolina isn’t resting on its laurels as Business Facilities' 2020 State of the Year. With a thriving tech talent pool and a commitment to an equity-driven recovery, Gov. Roy Cooper aims to defend the crown.
Startup Ecosystems

Startup Ecosystems Are Everywhere

A tidal wave of venture capital is fueling a boom in startups around the world. Locations are racing to establish thriving startup ecosystems that make them magnets for unicorns.
September / October 2021 Issue (Volume 54, Number 5)

September / October 2021 Issue (Volume 54, Number 5)

The September / October 2021 issue looks at startup ecosystems, innovation centers and Opportunity Zones. Plus, an exclusive interview with North Carolina Gov. Roy Cooper.
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.
Economic Development Awards

Enter The 2024 EDO Awards! Deadline Extended To March 21

Submit your story to Business Facilities' editors for consideration in the 2024 Economic Development Organization Awards.
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.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Location Spotlight: Welcome to Columbus, Indiana

Columbus, Edinburgh and Bartholomew County, Indiana are consistently ranked among the Top Ten locations in the United States. With one of the highest concentrations of engineering talent in the nation, manufacturing employment that ranks in the Top 2% of the U.S., I-65 access, and nationally recognized community living, now is the right time to consider the unexpected opportunities this unforgettable community has to offer.