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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/2016/08/business-facilities-12th-annual-metro-rankings/
BF’s 12TH ANNUAL RANKINGS report is our most comprehensive analysis to date of the locations that are leading the pack in the most important benchmarks for sustainable growth in the 21st century. Part Two: Metro Rankings.

Business Facilities’ 12th Annual Rankings Report: Metro, Global Rankings

Business Facilities’ 12th Annual Rankings Report: Metro, Global Rankings

BF’s 12TH ANNUAL RANKINGS report is our most comprehensive analysis to date of the locations that are leading the pack in the most important benchmarks for sustainable growth in the 21st century. Part Two: Metro Rankings.

Precision Military Aerodynamics Creating 100 Jobs In Tennessee

The company, which manufactures parachutes for sporting and military use, will invest $1.8 million at its Dunlap, TN facility.

Illinois Lands International Pharmaceutical Service Provider

Vetter plans to invest $320 million and create 300 jobs at its Des Plaines, IL manufacturing facility.

Dana Building New Axle Manufacturing Facility In Ohio

The company will invest $70M and create more than 300 jobs at the Toledo site by 2020.

Indiana Auto Services Firm Growing HQ

Shield Global Partners plans to invest $4.15M and create up to 135 new jobs in Downtown Evansville over the next few years.

California Manufacturer Expanding In West Michigan

Stikwood plans to create 73 new jobs and invest nearly $4.2 million to expand the company’s operations to the City of Kentwood, MI.

Lowe’s Chooses Tennessee For New Fulfillment Center

The home improvement company plans to invest $100M and create approximately 600 jobs at a new direct fulfillment center in Robertson County, TN.

Amazon Will Create 5,000 Full-Time Jobs In Pennsylvania

Over the next three years, the company will invest at least $150 million in new fulfillment and distribution operations located across the commonwealth.

Alabama: Generating Growth From The Ground Up

Consumer trends are creating a groundswell for locally sourced foods, creating new opportunities for Alabama’s farmers to bring their products to market.

ADP To Create 1,600 Jobs In Orlando Region

The new office will create up to 1,600 new jobs within the next five years and result in a capital investment of $28 million.

Eurotranciatura USA Expanding In Tennessee

The steel company will create more than 170 new jobs and invest $12.6 million to expand its advanced manufacturing operations in Paris, TN.

Gap, Inc. Expanding Gallatin, TN Distribution Facility

The global retailer will invest $35 million, create more than 100 new jobs in Middle Tennessee over next five years.

Italian Paper Company Breaks Ground In Ohio

Sofidel Group’s new $300 million integrated paper mill is expected to bring 300 jobs to Circleville, OH.

iCIMS Opts To Grow At New Jersey’s Bell Works

The SaaS company will join a collection of top-tier technology companies by moving its headquarters to the redesigned landmark building in Holmdel, NJ.

More Than Maple Syrup

A green grid and a 1-gig broadband connection are transforming Burlington, VT into a thriving high-tech hub.

Renamed Decatur Central Railroad Gets New Operators, Rehab

OmniTRAX affiliate partners with Topflight Grain Cooperative to operate, drive business to and rehabilitate the Cisco to Decatur line.

World Business Lenders Moves HQ To Jersey City

By the end of the year, 225 employees will be located at the financial services company’s new Jersey City, NJ corporate headquarters.

Michigan: Flex-N-Gate Corp. Puts Plant in Detroit

The auto supplier will invest $95 million in a 500,000-square-foot production facility in the motor city, creating 650 new jobs.

CSX Plans $272M North Carolina Intermodal Rail Terminal

The Edgecombe County infrastructure project, scheduled to open in 2020, will be a “major transportation hub” in Southeast U.S.

Architectural Coatings Company Expanding In Northwest Georgia

Top Gun Powder Coating & Architectural Coating expansions in Adairsville and Jasper will create 70 new jobs and represent a $4 million investment.

Weston Foods Picks Indiana For U.S. HQ

The Canada-based baked goods producer will invest $1.6 million to renovate a 200,000-square-foot facility in Brownsburg, IN.

Aerospace Manufacturer Moving To North Carolina

California-based Dynamic Air Engineering Inc. is investing $6.8 million to relocate to the city of Claremont in Catawba County, NC.

Wisconsin: Milwaukee Tool Adding 600 Jobs In Brookfield

The manufacturer of heavy-duty power tools is undertaking a 200,000-square-foot expansion, including a new four-story office building.

Bertram Yachts Picks Tampa For International HQ

The yacht company's new Tampa, Florida headquarters facility will result in a $35M investment and 140 jobs.

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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.