Economic development creates opportunities to grow state, local & metro areas, which are essential for economic growth, improved quality of life & community development.
Economic Development
Iron Ox Growing In Texas
Iron Ox will invest $120 million in its new one million-square-foot facility, to be built in the City of Lockhart, TX.
Parkway Products Investing $6M In Tennessee Expansion
Injection molding company Parkway Products will expand its operations in Greene County, TN, creating more than 150 new jobs.
Louisiana Is Built For Film And TV Production
Louisiana’s many advantages — including incentives, facilities and skilled crews — attract major productions.
Kentucky Experiences Record Year For Economic Growth
New and existing Kentucky companies announced the creation 18,000 full-time jobs, $11.2 billion in investment in 2021.
Kyndryl Creating New Cloud Innovation Center In Québec
The bilingual technology services center in Montréal is expected to create nearly 500 new IT jobs in the next five years.
LiveXchange Goes Live Once Again In 2021
Corporate executives, economic developers hailed the return of an in-person Business Facilities LiveXchange event, while participating in more than 265 one-on-one meetings.
Retailers Embrace Five Shopper-First Trends In 2022
To meet customer expectations in the year ahead, retailers must evolve as platforms, reimagine store experiences, monetize data, transform as financial companies, and optimize returns.
Spark Therapeutics To Invest $575M In Philadelphia
The commercial gene therapy company's state-of-the-art innovation center will be located on Drexel University’s campus in Philadelphia’s University City neighborhood.
Snapshots: 60 Seconds with Felicia Howard, Dominion Energy
Felicia Howard, Dominion Energy’s new VP of Economic Development Strategy, discusses the future of economic development, clean energy, and the “new normal.”
Electric Adventure Vehicle Project Is Largest In Georgia History
Rivian will invest $5 billion, create 7,500 jobs at a nearly 2,000-acre carbon-conscious campus dubbed the East Atlanta Megasite.
Michigan Governor: “Our State Will be Competitive.”
Michigan Governor Gretchen Whitmer lauds bi-partisan agreement to attract interest in the state.
For First Time, San Francisco Lands Top Spot In Clean Energy Rankings
San Francisco took top honors in ACEEE's 2021 City Clean Energy Scorecard, followed by Seattle; Washington, DC; Minneapolis; and Boston and New York.
November / December 2021 Issue (Volume 54, Number 6)
The November/December 2021 issue of Business Facilities features the annual Site Seekers' Guide: State Profiles and Featured Locations Directory. Plus, a look at the manufacturing, automotive, film, tourism and retail industries.
Sinova Global To Establish Silicon Metal Refining Plant In Tennessee
Canada-based quartz supplier Sinova Global will invest $150 million to establish manufacturing operations in Tennessee; will create 140 jobs.
Greater Cincinnati Area To See 200 New Jobs As Investment Blossoms
Job Creation Tax Credits, along with infrastructure benefits and a substantial pool of talent, are leading to increased corporate investment in Cincinnati and the surrounding area.
EV Growth Is Coming. Are You Ready?
Toyota’s expansion into North Carolina will not be the auto industry’s last.
Alabama: Hanwha Cimarron Puts $130 Million Plant In Opelika
The new facility in Northeast Opelika Industrial Park will produce carbon fiber-wrapped, high-pressure storage tanks.
Flagstaff, AZ: Changing Seasons And Continued Growth
Find out for yourself why more and more businesses and individuals are choosing Flagstaff, AZ as their new home.
Aerospace Industry Takes Flight In Charlotte County
Aerospace takes off in Charlotte County, Florida with Charlotte Technical College’s aviation mechanic training.
Hootsuite To Create More Than 60 Jobs With New Atlanta Office
Canadian software as a service (SaaS) company Hootsuite will launch its new space in Atlanta's Tech Square by early 2022.