Economic Development

Economic development creates opportunities to grow state, local & metro areas, which are essential for economic growth, improved quality of life & community development.

Iron Ox, Lockhart, TX

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

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 film production

Louisiana Is Built For Film And TV Production

Louisiana’s many advantages­ — including incentives, facilities and skilled crews — attract major productions.
Marshall County, Kentucky

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. 
Montréal, Québec

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.
2021 LiveXchange

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

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 Philadelphia

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.
Dominion Energy

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.”
Rivian Inc., Georgia

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 flag

Michigan Governor: “Our State Will be Competitive.”

Michigan Governor Gretchen Whitmer lauds bi-partisan agreement to attract interest in the state.
City Clean Energy Scorecard

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

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

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

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.
Toyota electric vehicle

EV Growth Is Coming. Are You Ready?

Toyota’s expansion into North Carolina will not be the auto industry’s last.
Hanwha Cimarron, Opelika, AL

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, Arizona

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.
Charlotte County, FL

Aerospace Industry Takes Flight In Charlotte County

Aerospace takes off in Charlotte County, Florida with Charlotte Technical College’s aviation mechanic training.
Hootsuite

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.
tax credits

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

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.
Texas 2023 State of the Year

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: The Rhode Island Advantage

Rhode Island’s ideal location in the Northeast boasts all the benefits of major commercial centers, including easy access to top companies, all manner of transportation, and world-class universities.