Tag: Economic Development

NJ Angel Investor Tax Credit Program Injects $125M In Tech Companies

Technology and biotechnology companies around New Jersey invested more than $51 million in 2015.

Aerospace And Defense Jobs Expected To Grow

After several years of job losses, aerospace and defense sector employment is expected to grow in 2016 by more than 39,000 jobs in the U.S., according to Deloitte's new ”U.S. Aerospace & Defense Labor Market Study.”

TwelveStone Creating 200 Jobs At New Tennessee HQ

TwelveStone Health Partners will invest $14.9 million to build a new corporate headquarters, expanding its Murfreesboro, TN operations and creating 200 new jobs.

Emser Tile To Invest $16.25M In Virginia

Emser Tile will invest $16.25 million to establish a new East Coast distribution center in CenterPoint Intermodal Center in the City of Suffolk, VA.

NBCUniversal Telemundo Building Global HQ In Miami

NBCUniversal Telemundo Enterprises is set to break ground on its new 450,000-square-foot global headquarters on approximately 21 acres in Florida’s Miami-Dade County.

Jack Daniel’s To Undergo $140M Expansion

The $140 million investment will be used to build two new barrelhouses and expand the existing bottling facility at the company's Lynchburg, TN facility.

TopShip Investing $68M In Mississippi Shipbuilding Operation

Edison Chouest Offshore will receive more than $36M in incentives, including grants, workforce training, and infrastructure improvement assistance to establish its TopShip facility.

RV Manufacturer Doubling Production in Indiana

Highland Ridge RV, a manufacturer of towable RVs, will expand its operations in LaGrange County, IN, creating up to 65 new jobs by 2019.

Top 10: Metros Exceed Job Growth Expectations

While the U.S. economy has enjoyed steady job growth in recent years, some cities are capturing a larger share of total job creation than others, thanks in large part to factors unique to their local economies.

Cinesite Opens Major Animation Studio in Montréal, Canada

Downtown Montréal, Québec is the home of Cinesite's new 54,000-square-foot, state-of-the-art animation studio, which will create 500 jobs by 2020.

Walking the Walk: Innovation Summit

In Greater San Marcos, TX, higher education resources and entrepreneurs join forces to bring innovations to market at the third annual Innovation Summit.

Grid Stars: States Race To Embrace Smart-grid Technology

Nine states and Washington D.C. lead the pack in electricity grid modernization. Navagant Research forecasts that the global Smart Grid as a Service (SGaaS) market, estimated at $1.7 billion in 2014, will grow to $11 billion in 2023.

Sustainable Corrugated Investing $15M In Georgia

The paper manufacturer will create 62 jobs at its new manufacturing facility in Dalton-Whitfield County, GA.

Rapid Growth Leads 2U To New Maryland HQ

2U Inc., a technology-enabled education company, is moving its headquarters from Prince George's County to Lanham, MD to accommodate its growing workforce. The company expects to create more than 900 jobs in the county in the next five years.

California, Illinois, Texas Lead The Charge Toward A Modernized Power Grid

For the third year in a row, California is the highest-ranked state when it comes to moving toward a modernized electric grid, according to the 3rd Annual Grid Modernization Index (GMI).

Indiana Electrical Grid Management Firm Adding 80+ Jobs

MISO Inc., an independent regional electric transmission organization, is expanding its headquarters in Carmel, IN, creating up to 84 new high-wage jobs by 2020.

Super Bowl 50 To Generate Over $220M For San Francisco Bay Area

Super Bowl direct spending will reach a new high-water mark this year as the game returns to the Golden State after more than a decade, predicts PwC US.

1,000th Michigan Business Lands Energy Incentives

A Chinese auto parts maker joins Michigan businesses that have received over $7.5 million in Consumers Energy's new construction incentives.

Valmiera Glass To Invest $90M In Georgia

The Latvian-based fiberglass manufacturer will expand its operation in Dublin, GA, creating 425 jobs and generating $90 million in investment through 2022.

AvePoint Expanding In Richmond And Arlington County, Virginia

AvePoint, Inc., a leader in enabling enterprise collaboration across platforms and devices, will invest $1.5 million to establish an operation in the City of Richmond, VA, creating 100 new jobs, and expand in Arlington County, creating 55 new jobs.

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Featured Location Videos

BF Location Video: Joplin, Missouri Says Thank You

On May 22, 2011, Joplin Missouri was hit by the deadliest tornado since 1947. This video from Joplin explains how the city has recovered in the years since the disaster.

Latest Blog Posts

Alabama: Generating Growth From The Ground Up

Consumer trends are creating a groundswell for locally sourced foods, creating new opportunities for Alabama’s farmers to bring their products to market.

ADP To Create 1,600 Jobs In Orlando Region

The new office will create up to 1,600 new jobs within the next five years and result in a capital investment of $28 million.

Eurotranciatura USA Expanding In Tennessee

The steel company will create more than 170 new jobs and invest $12.6 million to expand its advanced manufacturing operations in Paris, TN.

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.