Tags Economic Development

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

The new product will enable the efficient production of next-generation refrigerants, which have low global-warming potential and ozone depletion potential.

OxyChem To Invest $145M In Louisiana Expansion

OxyChem To Invest $145M In Louisiana Expansion

The new product will enable the efficient production of next-generation refrigerants, which have low global-warming potential and ozone depletion potential.

EdenCrete To Create 250 Jobs, Invest $67M In Georgia

The concrete solutions company's new global manufacturing headquarters will employ more than 250 in Augusta.

Eight Counties Chosen For Tennessee Property Evaluation Program

PEP improves the state’s inventory of industrial sites and buildings by evaluating potential properties, advising counties on where investment may be most beneficial and what is needed to address issues.

Third Phase Of Alabama Robotics Technology Park To Open Soon

Phase 3, which represents a $9 million investment and is scheduled to open in late spring or early summer, is the Integration, Entrepreneurial and Paint Dispense Training Facility.

Roy Metal Finishing Expanding In South Carolina

RMF is expanding its current operations by building a second facility in Greenville County's Matrix Business and Technology Park.

March / April 2016 Issue (Volume 49, Number 2)

The Global Biotech Industry is the focus of Business Facilities' March/April 2016 issue, along with our annual Economic Development Awards. Plus, a look at the Aerospace Industry.

Cover Story: Global Biotech Report

The global life sciences industry has adopted an attitude of cautious optimism, expecting reliable growth that will fall short of pre-recession investment surges.

Feature Story: 2016 Economic Development Awards

With so many locations embracing cutting-edge technologies and innovative development strategies, it was hard to pare down the worthy nominees for our economic development awards festival. Here are the folks who made the cut, the best of the best in the applications of smart practices for sustainable growth.

State Focus – Utah: Consistently Excellent

When it comes to business, rolling the dice on an unpredictable location can be disastrous for the bottom line. If you’re looking for consistent excellence, Utah is a sure bet.

Auto Supply Manufacturer Adding 80 Jobs In Indiana

Continental Structural Plastics (CSP) Inc., a tier 1 automotive supplier specializing in vehicle lightweighting technologies, will expand its operations in Huntington, IN creating up to 80 new jobs by 2020.

Mississippi Development Authority: Location Spotlight Of The Week

Mississippi has a proven track record in recruiting world-class companies to the state and providing a favorable business environment which promotes continued industry success. Visit the Mississippi Development Authority Location Spotlight to learn more.

Toyota Chooses Ann Arbor For Third U.S. Research Facility

The research institute will benefit from Toyota’s existing team and University of Michigan’s research talent and facilities, where it can perform extreme-limit testing in a wide variety of environments.

State Focus – Kansas: The Sunflower State Is Blooming and Booming

Known as the Sunflower State, Kansas boasts a highly skilled workforce, outstanding infrastructure, low operating costs and a location in the heart of America.

Granex Opens First U.S. Location In Tampa

Granex ships more than 300 truckloads of granite and marble slab every year across North America and more than 350 containers across the world from the Port of Tampa Bay.

Automotive Industry Focus: Hitting On All Cylinders

The U.S. auto industry recorded its best year ever in 2015, selling 17.5 million cars and light trucks in the U.S., nearly $570 billion in revenue and a 5.7 percent increase over last year.

South Korean Auto Supplier Investing $19M In Alabama Expansion

Mando’s latest expansion will push its investment in Alabama to $220 million.

Savannah Notches Record Cargo Volume

Georgia’s largest port moved nearly 4 million containers in 2015, an increase of 11.7 percent over the previous year.

Heroic Efforts In California

Under California’s Renovate America program, the state partners with locations to finance new energy-efficiency projects, creating new jobs in the golden state.

Advanced Manufacturing Driving Pittsburgh’s Economic Growth

Capital investment in southwestern Pennsylvania totaled $2.9 billion in 2015, marking the ninth consecutive year capital investment in the region exceeded $1 billion, according to the Pittsburgh Regional Alliance’s (PRA) ninth annual Business Investment Scorecard.

Axiall, Lotte Invest $3 Billion in Louisiana Chemical Plants

A joint venture will build a new $1.9-billion ethane cracker and a $1.1-billion glycol plant on a Lake Charles site in Calcasieu Parish.

Knight Transportation Creating 87 Jobs In Michigan

The Right Place, Inc., along with local and state partners in the City of Grand Rapids, approved a Michigan Strategic Fund (MSF) incentive for the Knight Transportation project.

IEDA Funding, Tax Breaks Spur Job Creation in Iowa

Financial assistance and incentives are approved for four companies that will invest $254 million and create 241 new jobs.

Galderma Expanding Texas HQ

Galderma’s expansion will include the addition of a 100,000-square-foot facility, a $22 million capital investment and the creation of 342 new jobs.

Honda Investing $52M To Expand Production In Indiana

Honda Manufacturing of Indiana, LLC will invest $52 million in its Greensburg, IN facility to enhance job training and add production of the Honda CR-V.

Stay connected


Featured Location Spotlight

City Of Zibo: Location Spotlight Of The Week

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.

Featured Location Videos

BF Location Video: City of Cape Coral

In this episode of Today in America, football legend Terry Bradshaw provides an overview of Cape Coral, Florida--a big city with a small town feel.