As the economy slowly rebounds, businesses will need to restructure their distribution networks to maximize efficiency and minimize miles to capitalize on the recovery when it occurs. ...Read more ›
The Business Facilities brand consistently focuses on innovative, strategic ideas that help C-Level executives make the best location choices.
Gov. Gary Herbert is busy cultivating an economic “garden” in the Beehive State, planting a culture of enhanced entrepreneurship in fertile soil for business expansions yielding a bountiful crop of homegrown jobs. ...Read more ›
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 ...Read more ›
A new form of entertainment is coming to Jersey City later this year when Pole Position Raceway opens its doors just a mile away from the Statue of Liberty. The state-of-the-art indoor karting center will feature two giant race tracks inside a 75,000-square-foot-facility, and the location couldn’t be much better. “I think people are going to really be amazed at what we are creating,” said owner Eyal Farage. ...Read more ›
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 ...Read more ›
Cummins to Expand Seymour Engine Plant Executives from Cummins Inc. joined recently with Lt. Governor Becky Skillman to announce the company will expand its High-Horsepower Technical Center and High-Horsepower engine product line at the newly renamed Seymour Engine Plant, creating up to 200 new jobs by 2015. The Fortune 500 Company plans to invest approximately $100 million in machinery, equipment and the c ...Read more ›
The Race to Plan the “Ultimate City” Starts at the Airport ...Read more ›
Business Facilities LiveXchange is an invitation-only event for corporate executives responsible for choosing a new location for their companies’ next facility. Delegates meet with senior economic developers from across North America; attend seminars, workshops, and think tanks led by experts in the field of relocation and expansion; and network with other corporate executives faced with the same corporate ...Read more ›