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.



President Obama announces NC State’s selection to lead the Next Generation Power Electronics Manufacturing Innovation Institute, a consortium of industry, government and academic partners.

Business Report: North Carolina – Next Generation Power Electronics Hub

North Carolina wins a $140-million Manufacturing Innovation Institute to develop wide-band semiconductors for power electronics.
Sacramento skyline.

Business Report: California – Sacramento County Plans For The “Next Economy”

The Capital Region Prosperity Plan sets six priorities, including an “ecosystem” for innovators and entrepreneurs.
The Port of Oswego provides on-dock rail-and-truck loading, making for a smooth transition of goods to market. The Port’s just-in-time storage capabilities provide additional flexibility to delivery schedules.

Feature Story: Logistics – Big Wheels Keep On Rollin’

So far, 2014 has been a banner year for freight haulers, but this success has a down side: a capacity crisis may be looming.
Larry Parman.

Snapshots: 60 Seconds… With Larry Parman, Oklahoma Secretary Of Commerce

Business is booming in Oklahoma, and the state's secretary of commerce explains how and why things are only going to get better.
Southfield, MI, native Dan Gilbert, founder of Quicken Loans, has purchased or leased a huge swath of downtown Detroit and is aggressively revitalizing the Motor City and transforming it into a 21st-century high-tech hub.

Feature Story: Michigan Governor’s Report – Reinventing Michigan

Gov. Rick Snyder has identified core problems and brought stakeholders together to solve them in an effort the governor likes to call relentless positive action.
Samsung has invested more than $13 billion in its semiconductor fabrication complex in Austin. TX.

Cover Story: High-Tech Hubs

With smart new regional growth strategies and generous federal funding initiatives, high-tech hubs are springing up all over the United States.
Jack Rogers

First Word: Look at the Bright Side

If you’re as tired as we are of hearing about rampaging terrorist threats, gloomy climate-change predictions and virulent diseases, then this issue of Business Facilities is the antidote.
EnviroScience, Inc. recently moved its new headquarters to 5070 Stow Road, Stow, OH. The 20,000-square foot building complex is situated on approximately 15 acres and features greatly expanded facilities.

Business Report: Greater Akron – A Magnet For Investment And New Jobs

In 2013, more than $123 million was invested by businesses expanding in the region, creating more than 700 jobs.
Valmiera will make fiberglass, like the rolls above at its plant in Latvia, at a new facility in Dublin, GA.

Business Report: Georgia – Latvian Fiberglass Producer Puts U.S. HQ in Dublin, GA

Valmiera Glass will invest $20 million in a new manufacturing facility, creating 150 jobs.
Rendering of the new Commerce Bank Joplin headquarters at its new location at the southwest corner of 20th Street and Connecticut Avenue—the site where a Commerce branch was destroyed by the May 2011 tornado.

Business Report: Missouri – Commerce Bank Puts New HQ In Joplin Tornado Recovery Zone

A new high-tech bank building will rise on the site of a branch destroyed by the F5 tornado on May 22, 2011.
Kansas Commerce Secretary Pat George.

Business Report: Four Cities To Pilot Kansas Statewide Broadband Initiative

A Local Technology Planning Pilot project will help communities develop strategic plans for broadband.
The Ak-Chin Indian Community gave the adjacent City of Maricopa $7.4 million for the development of its Copper Sky Recreation Complex. Ak-Chin has become an economic powerhouse in western Pinal County, AZ, fueling much of the region’s economic development.

Business Report: Arizona – Ak-Chin Offering The Best Of Both Worlds In Arizona

The Santa Cruz Commerce Center is a shovel-ready site with 40 acres of available lots for build-to-suit projects.
It’s no wonder that Cape Coral is consistently ranked among the top locations for work and play. The city has more than 400 miles of canals—that’s more than Venice, Italy—making it a true boating and fishing destination.

Location Focus: Florida – Rebounded And Ready

Florida’s economy shines on after a temporary sunset.
BF July/Aug 2014 cover

July/August 2014 Issue (Volume 47, Number 4)

Business Facilities Editor Jack Rogers writes, "The U.S. economy recorded a robust four percent growth rate for the second quarter of 2014," and the articles in this issue of the magazine shows exactly where that growth is having the biggest impact.
Arlington Downs

Location Focus: Illinois – Trying To Make Headway In Every Way

The Land of Lincoln is pulling out all the stops in the name of economic progress.
Kalitta

Industry Focus: Global Aerospace Production Soars To New Heights

Despite Defense cutbacks, the aerospace industry is being boosted into the stratosphere by the commercial aircraft sector.
Bill Hagerty

Snapshots: 60 Seconds… With Bill Hagerty, Commissioner, Tennessee Department Of Economic And Community Development

Bill Hagerty, Commissioner, Tennessee Department of Economic and Community Development, shares his thoughts on education, technology, and logistics for the state.
RiverBend

Feature Story: Public-Private Partnerships – An Alliance For Progress That Works

More states are forming public-private partnerships to leverage the expertise of leading businesses in luring new projects.
Deal

Feature Story: Georgia’s Governor’s Report – Rising And Ready For The Future

With a welcoming, down-home business climate, the peach state is reinventing itself as an automotive powerhouse and a film production mecca poised to give Hollywood a run for its money.
Jack Rogers

First Word: All Arrows Point Up

The anniversary edition of our economic development scorecard is the most comprehensive, fairly evaluated and informative rankings anywhere.
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: Charging into the EV Market in Northwest Ohio

With close proximity to Detroit, an extensive transportation network and a trained, educated workforce, the Toledo/Northwest Ohio region has a long successful track record within the automotive industry. Those inherent assets are the same resources which make this region an attractive location for the evolving electric vehicle market.