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Economic Development

Resources to help economic development and site selection professionals connect with new places and locations. The archive for Economic Development articles.


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


http://businessfacilities.com/2016/03/site-selection-event-april-2016/
Join us April 17-19 at the Hyatt Regency Pier Sixty-Six in Fort Lauderdale, FL for Business Facilities LiveXchange, the premier site selection event for corporate site selectors and consultants.

Premier Corporate Site Selection Event Happens Next Month

Premier Corporate Site Selection Event Happens Next Month

Join us April 17-19 at the Hyatt Regency Pier Sixty-Six in Fort Lauderdale, FL for Business Facilities LiveXchange, the premier site selection event for corporate site selectors and consultants.

McKesson Expanding In Dallas, Creating 975 Jobs

A Texas Enterprise Fund (TEF) grant of $9.75 million has been offered to the San Francisco-based healthcare services and IT company.

Condiment Maker To Invest $20M, Create 150 Jobs In Tennessee

Develey Mustard & Condiments Corporation will invest $20 million in its first North American production facility, creating 150 jobs in Dyer County over the next five years.

Iron Mountain Picks Northern Virginia For Data Center Campus

The project allows Iron Mountain Data Centers to enter the Greater Washington metropolitan area from a strategic location with robust power and fiber infrastructure that will accommodate highly secure data center applications.

Indiana Lands $26M Regional Distribution Center

The Fort Wayne logistics hub will provide easy and affordable access to the Great Lakes/Midwest region and beyond.

FIS Expansion To Create 250 Jobs in Jacksonville

Financial services technology company FIS is investing $2 million to expand in Jacksonville, FL creating 250 jobs in the process.

Where Are the Jobs? Survey Reveals U.S. Hiring Plans.

Employers in Charlotte, Omaha, Albany, and Boise expect to hire the most employees in the second quarter of 2016, according to the latest Manpower Employment Outlook Survey.

SnapShots: 60 Seconds With Don Pierson, Secretary, Louisiana Economic Development

Louisiana is strengthening initiatives to help existing employers grow through its LED Business Expansion & Retention Group, while stepping up efforts to site emerging business opportunities from key investors in the Americas and across the globe.

Uber To Add Advanced Technologies Center In Pittsburgh

The San Francisco-based ride-sharing company will establish an additional ATC research facility which will be used for testing self-driving cars.

Tyco Opens “Smart Building” Global HQ in Ireland

Tyco International has opened its new global headquarters and business service center — dubbed the "smartest building in Ireland" — in Cork, Ireland.

Agero To Open State-Of-The-Art Call Center In Tri-Cities, TN

Roadside assistance company Agero will invest $3.5 million and create 585 jobs at its new call center in Sullivan County, TN.

Seven Projects Land Deal of the Year Honorable Mentions

Business Facilities 2015 Economic Development Deal of the Year contest attracted a record number of project submissions from across the country, seven of which were singled out for a tip of the hat by our judges.

Prince William County, VA Opens Workforce Education And Training Center

The Northern Virginia Community College (NOVA) recently celebrated the Grand Opening of its Regional Center for Workforce Education and Training (RCWET) in Woodbridge, VA.

Louisiana Economic Development Wins Deal of the Year: Bronze Award

The Bronze Award winner in BF’s 2015 Economic Development Deal of the Year competition will generate an estimated $17.7 billion in economic impact for the region over the next 10 years.

Deal of the Year: Silver Award Goes To South Carolina Department of Commerce

The Palmetto State, long-time home of BMW’s production hub, moves into the top tier of automotive manufacturing states by snaring Volvo’s first U.S. plant.

Arkansas Lands New Glatfelter Manufacturing Facility

Glatfelter will invest approximately $80 million and create up to 83 highly-skilled jobs at its new manufacturing facility in Fort Smith, AR.

January/February 2016 Issue (Volume 49, Number 1)

The State of the Year and Deal of the Year awards are the focus of Business Facilities January/February 2016 issue, plus an Automotive Industry Focus.

Economic Development Deal of the Year: Gold Award

Greater Houston Partnership snares a coveted 4.1-million-square-foot campus with a unique proposal utilizing an online site-selection app and intense data crunching.

Bakery Company Chooses Kentucky For Third Location

More Than A Bakery, LLC plans to build a $57.1 million facility in Versailles, KY. The bakery and distribution facility will employ 310 people.

AT&T Introduces AT&T Fiber Ready Designation In Georgia

The Fiber Ready designation helps economic development officials promote their communities for site selection by emphasizing the availability of high-speed, fiber-based services.

Did You Miss “The Big Lies Of Workforce” Webinar?

When it comes to the critical priority of workforce availability, site selection professionals evaluating locations for new projects need to separate the truth from an incoming cascade of false market signals.

Silicon Prairie

Droves of high-tech startups are putting down roots in the Great Plains.

Security Company Expanding In Indianapolis

Schlage Lock Company will invest more than $13 million and add up to 158 jobs by 2020.

USDA Awards Loans To Boost Rural Economic Development In Five States

The U.S. Department of Agriculture's (USDA) has awarded six low-interest loans to local governments and community organizations that will spur rural economic development in Missouri, Florida, Georgia, North Carolina and Texas.

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Featured Location Spotlight

Hoosier Energy: Location Spotlight Of The Week

The Hoosier Energy Power Network’s Economic Development team is dedicated to providing valuable site selection information and assistance to companies considering a relocation or expansion in Indiana or Illinois.

Featured Location Videos

BF Location Video: Zibo, A City of Charm, Suitable for Both Residence and Business

Zibo is listed as one of China's Top 50 Cities in Competitive Strength year after year since 1992. In 2015, Zibo ranked 40th in China's Top 100 Cities of Comprehensive Strength and 35th in Forbes' Best Commercial City in Mainland China.

Surveys & Research

Energy Efficiency: California Regains Top Spot, Ties With Massachusetts

ACEEE’s 10th Anniversary Energy Efficiency Scorecard shows VT, RI, CT, NY rounding out top 5; MO, ME, and MI are three Most Improved States.

Top 10 Tech Trends For 2017

Top 10 Tech Trends For 2017 The technology sector is still the United States’ leading industry for real estate expansion and employment growth, according to JLL.

Corporate Expansion Projections Highest Since Early 2015

Buoyed by higher profit growth expectations, business executives are predicting an increase in corporate expansion for the coming year, according to the third quarter AICPA Economic Outlook Survey.