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.



SNAPSHOTS: 60 Seconds…with Richard Fisher, President of the Federal Reserve Bank of Dallas

Dallas Fed Chief Richard Fisher recently appeared in state videos discussing why Texas is outperforming other states in a sluggish economy. From the July/August 2012 issue

FIRST WORD: The Best (Not the Rest)

We congratulate all of the top-ranked locations in the 8th Annual Business Facilities Ranking Report. We invite readers to find out about these accomplishments and recognize the winners. From the July/August 2012 issue

BF Rankings Report: LA, VA Tops in Economic Growth Potential

The Bayou State surges to the top of our annual assessment of Economic Growth Potential, edging out last year's number one, Virginia.

Tennessee Repeats as BF’s U.S. Automotive King

For the third consecutive year, the Volunteer State has topped our annual assessment of Automotive Manufacturing Strength, followed by a fast-rising Kentucky.

INTERNATIONAL REPORT: GERMANY & BELGIUM

Restarting the Engine for European Growth: Spillover effects are traveling back and forth between emerging and advanced economies.

COVER STORY: Building A Biotech Bonanza

The global financial contraction put a squeeze on seed money for biotech startups, forcing locations to build their biotech future the old-fashioned way: with long-term planning and a comprehensive strategy for growth. From the May/June 2012 issue.
Stephen Moret, Secretary, Louisiana Economic Development

SNAPSHOTS: 60 Seconds…with Stephen Moret, Secretary Lousiana Economic Development

Airbus is putting its North American manufacturing hub in Mobile. We asked AL DOC chief Greg Canfield about the impact on the state’s growing aerospace industry. From the May/June 2012 issue

FIRST WORD: Great Expectations

The biotech playing field is leveling, Europe is in crisis and the data center industry is growing by gigabytes. Go figure. From the May/June 2012 issue

May/June 2012 Issue (Volume 45, Number 3)

It turns out the biotech playing field is leveling, Europe is in crisis and the data center industry is growing by gigabytes. From the May/June 2012 issue.
Built on the rubber and tire industry, Greater Akron is expanding its economic base to include investment in medical devices, polymers and liquid crystal applications.

SPECIAL REPORT: Northeast Ohio – Region on The Rise

Northeast Ohio, a traditional leader in manufacturing, is quickly transitioning to the 21st century knowledge economy. A key advantage is access to markets—the region is within a 500-mile radius of 41 percent of all U.S. households. From the May/June 2012 issue
West Virgina Governor Earl Ray Tomblin

BUSINESS REPORT: West Virginia Is Open For Business

Several major automotive initiatives are keeping jobs rolling into the Mountain State. From the May/June 2012 issue
Todd Greene, VP Atlanta Fed Community and Economic Development Group

THE GROWTH SPECIALIST: Everything Must Change – Rethinking Workforce Development

A skilled workforce is a key requirement for developers. Locations are deploying new strategies that strive to avoid a mismatch between available skills and project needs. From the May/June 2012 issue.
Hexcel commissions two new carbon fiber lines.

BUSINESS REPORT: Job Creation Efforts are Buzzing in the Beehive State

Gov. Gary Herbert is well on the way to hitting his target of 100,000 jobs in 1,000 days, unveiling several new high-wage projects in growth sectors. From the May/June 2012 issue
Hyundai and Kia use Foreign Trade Zone status to handle and process auto cargoes arriving at the port.

INDUSTRY FOCUS: Ports of Success

U.S. export numbers are on the rise. And as the numbers increase, so do the future business possibilities. From the May/June 2012 issue.

INDUSTRY FOCUS: Data Centers – Growing by Gigabytes

From the snow-capped Rockies of Wyoming to the scenic vistas of the Tennessee Valley, new data centers are popping up across the landscape as a hot growth sector continues to expand. From the May/June 2012 issue
Ghent, East Flanders, Belgium

INTERNATIONAL REPORT: Germany and Belgium – Restarting the Engine for European Growth

Spillover effects are traveling back and forth between emerging and advanced economies. From the May/June 2012 issue.
A boardwalk through marshes leads to the Bodie Island Light in the Outer Banks of North Carolina.

LOCATION FOCUS: Carolinas – Coastal Clout With Global Reach

The Carolinas, well known for their creative climate and low-cost business environment, are now an East Coast engine for growth hitting on all cylinders. North Carolina and South Carolina are busy certifying shovel-ready sites and pioneering new incentives. From the May/June 2012 issue
Gov. O'Malley tours one of Maryland's largest solar installations at Perdue headquarters in Salisbury, MD.

BUSINESS REPORT: Maryland is Leading the Pack in Energy Efficiency

A state strategy to invest in clean, safe, reliable and affordable energy is generating thousands of jobs while reducing energy consumption. From the May/June 2012 issue

FEATURE STORY: Powerhouses That Put A Jolt In New Projects

A select group of utilities are playing a central role in economic development efforts in the regions they serve. This year, we have conducted a comprehensive survey of the leading players and designated the standouts as our Top Utilities for 2012. From the May/June 2012 issue

COVER STORY: Digital Media Takes The Prize

Millions of pixels are helping to create thousands of jobs in a new high-growth sector of the economy. From feature films to video games, digital media is spreading its computer-generated wings and flying, from traditional locations like California, Massachusetts and New York to up and coming industry leaders Utah, Louisiana and Rhode Island. From the March/April 2012 issue.
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: 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.