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The Business Facilities brand consistently focuses on innovative, strategic ideas that help C-Level executives make the best location choices.

60 Seconds with E. Mitchell Roob, Jr., Chief Executive Officer of Indiana Economic Development Corp.

Many states are considering replacing state economic development agencies with public-private partnerships. We asked IEDC’s chief executive to tell us how these partnerships work. BF: Is a public-private partnership a more effective vehicle for job creation than a state economic development agency or a Department of Commerce? MR: It certainly has worked for us in Indiana. If you look at the results, IEDC ha ...

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The Carolinas Corporate Moves

Caterpillar Grows in Lee County, NC Caterpillar Inc. will enlarge its Sanford plant in Lee County, NC and create 325 jobs over the next four years. A Caterpillar supplier will also come to the city bringing 160 jobs. The $28 million expansion is expected to be complete by July of 2011 with new jobs paying an average annual wage of $35,602. Caterpillar is the world’s largest maker of construction and mining ...

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Virginia Corporate Moves

Alternative Energy Park Planned in Norfolk The former Ford Norfolk Assembly Plant location will become one of the country’s next alternative energy plants, according to the Jacoby Group in Atlanta. The plant has a total land area of 109 acres of industrially-zoned waterfront and rail-served land with approximately 2.6 million square feet of manufacturing facilities and convenient access to I-464 and I-64. T ...

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