Economic Development | Business Facilities - Economic Development, Site Selection & Workforce Solutions


food processing

Michigan Hot Dog Maker To Expand, Hire 140 Workers

Kent Quality Foods received a $750,000 performance-based grant from the Michigan Economic Development Corp. to support the $35M expansion.
New York

State Focus: New York – Accelerating Biotech Innovation In The Empire State

A $2.8-million investment from Innovate NY—matched by $21.5 million in private equity—is spurring the development of a biotech cluster in New York City.
Caterpillar Tucson Arizona

Caterpillar Expands In Southern Arizona

Caterpillar Inc. will create more than 600 new jobs over five years at its new surface mining and technology offices in Tucson, AZ.
SIG SAUER

SIG SAUER Moving Ammunition Manufacturing To Arkansas

SIG SAUER will relocate its Elite Performance Ammunition manufacturing operation to an existing building in Jacksonville, AR and anticipates employing 50 people in the initial relocation phase, with additional jobs planned for the future.
Wilmington IL

Batory Foods Expanding In Illinois

The new 678,000-square-foot warehouse and distribution facility will be located at RidgePort Logistics Center in Wilmington, IL.
IEDC Economic Development Week

Celebrate Economic Development Week!

This month, the International Economic Development Council (IEDC) is commemorating its 90th anniversary as the largest professional membership organization for economic developers.
Kansas City

Kansas City Launches “Smart City” Initiative

Kansas City now offers more than 50 blocks of free outdoor public Wi-Fi downtown, 125 “smart” streetlights and 25 interactive kiosks to engage citizens.

TeamHealth Expanding In Knoxville, TN

The healthcare solutions company will invest $6.7 million, and create approximately 250 new jobs.
Unmanned aircraft systems UAS

Insitu To Open Commercial UAS Facility At MSU

The unmanned aircraft systems facility will be located within MSU's Thad Cochran Research, Technology and Economic Development Park.
Indianapolis

Salesforce To Grow Regional HQ, Add 800 Jobs In Indiana

Thanks to the software company's $40 million investment, 111 Monument Circle will be renamed Salesforce Tower Indianapolis.

Two-Way Street

Free trade agreements help the United States hold its lead as a top destination for foreign direct investment.
SATA Group

SATA Group Building New Plant In Texas

The high-tech components manufacturer will build a new machine plant in Brownsville, TX, creating 300 jobs and a $114 million capital investment.
Aerospace Sector Is Flying High Again.

Industry Focus: Aerospace Sector Is Flying High Again

After losing altitude for the past five years as defense cuts eliminated 185,000 jobs, the U.S. aerospace industry is growing in 2016.
LiveXChange

Leading FDI Experts Analyze Global Trends At LiveXchange

The 12th Annual Business Facilities' LiveXchange event kicked off at the Hyatt Regency Pier Sixty-Six in Fort Lauderdale, FL with a high-level keynote panel discussion featuring leading experts on foreign direct investment.
Chicago tech companies 1871

Chicago Celebrates Technology Startup Hub Expansion, 700 New Tech Jobs

Chicago is celebrating more than 700 new jobs created by 16 tech companies, and the newly-completed expansion of the city’s digital startup hub, 1871.
video

Business Facilities LiveXchange: Making Strategic Expansion Decisions

An insider's viewpoint of the site selection process, weight given to incentives, latest trends and today's intense competition for jobs and investments.
Mitsubishi Heavy Industries

Mitsubishi Heavy Industries HQ Moving To Texas

Mitsubishi Heavy Industries (MHI) is relocating its U.S. headquarters from New York to Houston, TX , where it will oversee MHI operations throughout North America.
foreign direct investment

Foreign Direct Investment: On the Rebound?

U.S. and China hold top two Foreign Direct Investment positions for fourth straight year; Canada ranks #3; Germany rises to #4 to lead Europe.
customer service center

Tennessee Lands New Customer Service Center

Empyrean Benefit Solutions, a human resources benefits administrative company, will invest $2.9 million, create 120 new jobs in La Vergne, TN.
video

Business Facilities LiveXchange Keynote Panel: Growth Without Borders

Join our blue-ribbon panel as we explore the latest trends in foreign direct investment and exports, identifying the strongest FDI magnets and the best practices for expanding exports.

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Featured Location Videos

BF Location Video: Nanotechnology In Mississippi Works

Dr. Joe Lichtenhan, president and CEO of Hybrid Plastics, explains how his company sought a facility in a manufacturing friendly state with access to high quality educational resources.

Latest Blog Posts

Gap, Inc. Expanding Gallatin, TN Distribution Facility

The global retailer will invest $35 million, create more than 100 new jobs in Middle Tennessee over next five years.

Italian Paper Company Breaks Ground In Ohio

Sofidel Group’s new $300 million integrated paper mill is expected to bring 300 jobs to Circleville, OH.

Cape Coral Economic Development Office: Location Spotlight of the Week

As the 10th largest city in Florida and the largest city in Southwest Florida, Cape Coral is an ideal location for relocating businesses due to its large, talented and available workforce.

Surveys & Research

CRE Functions Becoming More Aligned With C-Suite

A recent survey of corporate real estate executives finds an increased focus on the strategic aspects of CRE within companies.

Wisconsin: Where Collaboration Drives Industry Advancement

From water technology and food processing to energy, power and control, companies in Wisconsin that recognize their mutual dependency and have formed partnerships to address common challenges are thriving and creating new economic opportunities.

Lack Of Skilled Talent A Threat To Meeting Business Goals

Sixty-seven percent of companies are more concerned about employee turnover than they were last year, according to a new survey by Randstad US.

London, New York Top Global Cities 2016

A.T. Kearney’s Global Cities 2016 can help businesses make key investment decisions such as where to place regional and global headquarters, as well as manufacturing and research hubs.

Chinese Real Estate Investment Plays Growing Role In U.S. Economy

Chinese investment in U.S. real estate has grown dramatically since 2010, according to a new report by Asia Society and Rosen Consulting Group.