Tag: Economic Development

15 Tennessee Communities To Receive Site Development Grants

Grants totaling $5.7 million will assist communities in finalizing infrastructure and engineering improvements for project-ready certified sites.

The RoomPlace Announces Indianapolis Expansion

The furniture retailer will establish a distribution center and corporate headquarters for its rent-to-own retail division, EasyHome.

Chinese Real Estate Investment Plays Growing Role In U.S. Economy

Chinese investment in U.S. real estate has grown dramatically since 2010, according to a new report by Asia Society and Rosen Consulting Group.

Lohmann Specialty Coatings Investing $6.7M In Virginia

The adhesive bonding material maker will expand its manufacturing operations in Orange County, VA creating 56 new jobs.

Regional Cities Initiative Project Launched In South Bend

The four-phase, $165.7 million project will anchor the establishment of South Bend’s Renaissance District and, once complete, is set to be the largest mixed-use technology campus in the Midwest.

LMI Aerospace To Expand In Missouri, Create 60 Jobs

LMI Aerospace plans to invest more than $17.5 million to expand its Washington, MO machining operation, creating 60 new jobs over the next three years.

Michigan Hot Dog Maker To Expand, Hire 140 Workers

Kent Quality Foods received a $750,000 performance-based grant from the Michigan Economic Development Corp. to support the $35M expansion.

State Focus: New York – Accelerating Biotech Innovation In The Empire State

A $2.8-million investment from Innovate NY—matched by $21.5 million in private equity—is spurring the development of a biotech cluster in New York City.

Celebrate Economic Development Week!

This month, the International Economic Development Council (IEDC) is commemorating its 90th anniversary as the largest professional membership organization for economic developers.

Kansas City Launches “Smart City” Initiative

Kansas City now offers more than 50 blocks of free outdoor public Wi-Fi downtown, 125 “smart” streetlights and 25 interactive kiosks to engage citizens.

TeamHealth Expanding In Knoxville, TN

The healthcare solutions company will invest $6.7 million, and create approximately 250 new jobs.

Insitu To Open Commercial UAS Facility At MSU

The unmanned aircraft systems facility will be located within MSU's Thad Cochran Research, Technology and Economic Development Park.

Salesforce To Grow Regional HQ, Add 800 Jobs In Indiana

Thanks to the software company's $40 million investment, 111 Monument Circle will be renamed Salesforce Tower Indianapolis.

Two-Way Street

Free trade agreements help the United States hold its lead as a top destination for foreign direct investment.

SATA Group Building New Plant In Texas

The high-tech components manufacturer will build a new machine plant in Brownsville, TX, creating 300 jobs and a $114 million capital investment.

Industry Focus: Aerospace Sector Is Flying High Again

After losing altitude for the past five years as defense cuts eliminated 185,000 jobs, the U.S. aerospace industry is growing in 2016.

Leading FDI Experts Analyze Global Trends At LiveXchange

The 12th Annual Business Facilities' LiveXchange event kicked off at the Hyatt Regency Pier Sixty-Six in Fort Lauderdale, FL with a high-level keynote panel discussion featuring leading experts on foreign direct investment.

Chicago Celebrates Technology Startup Hub Expansion, 700 New Tech Jobs

Chicago is celebrating more than 700 new jobs created by 16 tech companies, and the newly-completed expansion of the city’s digital startup hub, 1871.

Tennessee Lands New Customer Service Center

Empyrean Benefit Solutions, a human resources benefits administrative company, will invest $2.9 million, create 120 new jobs in La Vergne, TN.

Automotive Parts Supplier Expanding In Indiana

Winona PVD Coatings will invest more than $10 million and create up to 50 jobs in Warsaw, IN by the end of the year. 

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Featured Location Videos

Tennessee Brings Home Top Honors for Economic Development

The Tennessee business climate is one of a kind. The New York Times listed Nashville as the #15 place to visit and Pollstar ranked Bridgestone Arena 6th in the country and 21st in the world when it comes to arena ticket sales.

Latest Blog Posts

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.

Surveys & Research

CRE Functions Becoming More Aligned With C-Suite

A recent survey of corporate real estate executives finds an increased focus on the strategic aspects of CRE within companies.

Wisconsin: Where Collaboration Drives Industry Advancement

From water technology and food processing to energy, power and control, companies in Wisconsin that recognize their mutual dependency and have formed partnerships to address common challenges are thriving and creating new economic opportunities.

Lack Of Skilled Talent A Threat To Meeting Business Goals

Sixty-seven percent of companies are more concerned about employee turnover than they were last year, according to a new survey by Randstad US.