Economic development creates opportunities to grow state, local & metro areas, which are essential for economic growth, improved quality of life & community development.
Economic Development
Sherwin-Williams To Invest $324M In North Carolina Expansion
Paint and coatings manufacturer Sherwin-Williams will create an additional 200 jobs in Iredell County, NC, nearly doubling its current workforce.
Good For You; Good For Me
Governor Greg Abbott is proud that Texas exported about $375 billion in goods in 2021, more than California and New York combined.
2021 State Of The Year: Virginia — Best Overall Business Climate
With a skilled workforce, a business-friendly environment, great universities and a highly desirable standard of living, Virginia is at the top when it comes to best business climate.
2021 State Of The Year: Tennessee — Best Deals
With a number of major commitments, Tennessee had a banner year in terms of deal-making last year. That’s why it was named Business Facilities’ state with the Best Deals for 2021.
2021 State Of The Year: Massachusetts — Best Workforce/Education
Massachusetts’ long emphasis on education and its well-educated workforce makes the commonwealth an excellent location for any business seeking the best and the brightest.
Business Facilities LiveXchange Introduces Initial 2022 Speakers
LiveXchange will present a dynamic executive conference program to help delegates better plan and manage their companies’ relocation or expansion projects.
Core Scientific Picks Port Of Muskogee For New Data Center
The 500 Megawatt data center at the Port of Muskogee John T. Griffin Industrial Park will create dozens of high-tech jobs in the region.
January / February 2022 Issue (Volume 55, Number 1)
The January / February 2022 issue features Business Facilities' 2021 State of the Year and Economic Deal of the Year awards. Plus, a look at Top Utilities and Shovel Ready Sites.
New Digital Animation, Visual Effects Studio Launched In Shreveport
Troubled Muse VFX facility will create more than 50 entertainment jobs in Caddo Parish as the company joins Louisiana’s Entertainment Job Creation Program.
Port Of Philadelphia: Gov. Wolf Announces $246M Investment
Pennsylvania will invest an additional $246 million into the Port of Philadelphia to continue modernization efforts and improve regional economic stability.
Sarasota County, Florida Sees National Accolades, New EDO Leader
The Economic Development Corporation of Sarasota County, Florida wrapped up 2021 with a new leader and record-breaking job creation and capital investment.
Sikich Adds Economic Development Consulting Services
Global professional services firm Sikich has hired Jenny Massey to lead the firm’s new economic development consulting practice.
ExxonMobil Is Moving Its Headquarters To Houston
ExxonMobil will relocate its corporate headquarters from Irving to Houston, TX, bringing the number of Fortune 500 companies in the area to 25.
Sierra Nevada Corporation Picks Ohio For Aircraft MRO Facilities
Sierra Nevada Corporation's new aircraft maintenance repair and overhaul facilities will create 150 jobs at the Dayton International Airport.
Alabama Port Authority To Build ICTF Facility In Montgomery
The inland container intermodal transfer facility (ICTF) will extend intermodal rail service from the Port of Mobile to support regional growth in manufacturing, retail, distribution, and agribusiness sectors.
Ohio Lands $20B Intel Investment, Most Advanced Semiconductor Plants
With its two new advanced semiconductor manufacturing facilities, Intel will bring 3,000 jobs to Licking County, OH by by 2025.
New ACT Customer Care Center Will Create 600 Jobs In Louisiana
Advanced Call Center Technologies will invest $1.5 million to develop the customer care center in Shreveport, LA.
Chief Buildings Bringing Over 100 Jobs To South Carolina
Metal building system maker Chief Buildings will invest $22 million to establish a manufacturing operation in the Charlotte, NC region.
New FedEx Ground Facility Under Construction at I-59 Supply Chain Park
FedEx Ground is building a new 217,000-square-foot distribution facility at the I-59 Supply Chain Park at Mississippi's Hattiesburg-Laurel Regional Airport.
LiveView Technologies To Invest Over $328M In Utah Expansion
The cloud-based software company will bring up to 3,400 new high-paying jobs to its Orem, UT headquarters in 10 years.
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.
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.
2023 State Of The Year: Opportunity Awaits In Texas
A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.
[VIDEO] Get More for Your Business in Ardmore. Oklahoma
The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.
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.