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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 - Area Economic Development, Site Selection & Workforce Solutions


http://businessfacilities.com/2016/10/crystal-steel-fabricators-opening-maryland-manufacturing-facility/
The structural steel fabricator will create 126 new jobs in Caroline County, MD with assistance from the Maryland Economic Development Assistance Authority and Fund.

Crystal Steel Fabricators Opening Maryland Manufacturing Facility

Crystal Steel Fabricators Opening Maryland Manufacturing Facility

The structural steel fabricator will create 126 new jobs in Caroline County, MD with assistance from the Maryland Economic Development Assistance Authority and Fund.

MollerTech Investing $46M In Alabama Auto Parts Plant

More than $12M in tax credits and workforce training helped land the project, which will create 222 new jobs in Bibb County, AL.

Ports And FTZs: Enter With Less Risk

Ports and FTZs are beneficial locations for all of your business needs, providing the transportation link that gets your goods where they need to go.

Outstanding Tradeshow Exhibit Services Relocating To Indiana

The woman-owned exhibit company will invest $1.2M in its new North Judson, IN operations.

Texas Lands New OKI Data Americas Office

The printing company will create more than 100 jobs, invest over $3.5M in Irving, TX with the help of a Texas Enterprise Fund (TEF) award.

Automotive Supplier Growing In Northeast Indiana

Ventra Angola will invest $8.1M and create up to 88 jobs in Angola, IN with the help of up to $675,000 in tax credits and training grants from the state.

September / October 2016 Issue (Volume 49, Number 5)

Business Facilities' September / October 2016 issue features advanced manufacturing, ports and FTZs, logistics, and the impact of natural gas. Plus, a look at New Jersey, Iowa, Louisiana, Mississippi, Texas and Indiana.

LeMond Composites To Make New Carbon Fiber In Tennessee

The manufacturer will invest $125M and create 242 new jobs at its facility adjacent to the U.S. Department of Energy’s Oak Ridge National Laboratory.

Keeping Up With Advanced Manufacturing

The U.S. will need to fill about 3.5 million jobs in advanced manufacturing in the next decade, but as many as 2 million of these jobs may remain unfilled if we don’t close the skills gap.

Wayfair Will Create 150 Jobs In Georgia

The online home furnishings and décor seller has selected Henry County for its newest distribution center.

Global Auto Supplier Expanding In Southern Indiana

Metaldyne Performance Group will add over 120 jobs, invest $30.6M in North Vernon, IN, with the help of up to $900,000 in tax credits and training grants.

Henkel Corporation Relocating HQ To Connecticut

With the help of the state’s First Five Plus program, the laundry, home and beauty care company will relocate its consumer goods headquarters from Arizona to Stamford, CT.

Demand For Manufacturing Talent Still Strong

The need for workers is still on the rise, despite slow growth in the U.S. manufacturing sector, according to a new report from Aerotek.

Kansas: Amazon Picks Kansas City for Fulfillment Center

The Sunflower State Fulfillment Center, which will create 1,000 jobs, is the second large distribution facility the tech giant has placed in KS this year.

California Lands Automotive Supplier’s First West Coast Plant

DRÄXLMAIER will invest $24 million and create 300 new jobs at its new Livermore, CA manufacturing plant.

Utility Vehicle, Lawn Mower Maker Growing In Arkansas

Intimidator Inc. is expanding its manufacturing operations in Batesville, AR, investing $12 million and creating 400 new jobs.

UniFirst Investing $12M In Owensboro, KY Expansion

The uniform and textile services provider is growing with help from state tax incentives and workforce development programs.

Open Borders

Seattle and Vancouver ponder the creation of a Cascadia Innovation Corridor that would span the U.S.-Canada border.

Broadcast Equipment Supplier Adding 100 Jobs In Southwest Indiana

Electronics Research Inc. is expanding in the Town of Chandler, IN, thanks in part to tax credits and training grants from the state.

Automotive Supplier Growing In Wisconsin

Toledo Molding & Die will invest $14 million and bring 118 new jobs to Beloit, WI with the help of up to $750,000 in tax credits.

Thermoplastic Pipe Manufacturer Expanding In Missouri

Advanced Drainage Systems, Inc. is building its 62nd manufacturing facility in Harrisville, MO thanks in large part to the Missouri Department of Transportation’s alternative pipe policies.

Kentucky: Biotechnology Sector Is Surging In Lexington

A $1.8 million specialized biotech startup and a $10 million expansion of Coldstream Labs’ pharmaceutical plant are the most recent additions to Lexington’s growing biotech cluster.

Medical Tech Company Adding Over 100 Jobs In New York

Hill-Rom Holdings is eligible for more than $13 million in potential grants and incentives for its growth in Skaneateles Falls, NY.

California-Based Logistics Company Picks Indiana

Avept will invest $6.32M and create 118 jobs at its new Brownsburg, IN distribution center.

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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.

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BF Location Video: Bedford County, Virginia

Bedford County, Virginia's premier technology park is New London Business & Technology Center, located on U.S. 460 just outside Lynchburg, VA and just minutes away from the Lynchburg airport and Liberty University. Perfect for advanced manufacturing and R&D focused businesses.