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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/2016/07/schneider-electric-usa-consolidating-in-tennessee/
The global energy management and automation company will relocate 900 employees and create 250 new jobs in Franklin, TN.

Schneider Electric USA Consolidating Tennessee Regional Offices

Schneider Electric USA Consolidating Tennessee Regional Offices

The global energy management and automation company will relocate 900 employees and create 250 new jobs in Franklin, TN.

Snapshots: 60 Seconds With Craig Spohn, Cyber Innovation Center

An interview with Craig Spohn, Executive Director/President of the Cyber Innovation Center in Bossier City, LA, plus a look at the ramifications of the Paris climate accord.

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.

NYSERDA Offers $36M To Cut Energy Costs

New York will support adoption of advanced technologies to help businesses and building owners track energy use in real time, pinpoint waste, cut costs and drive more than $200 million in energy savings.

Amazon Opening New Kansas City Fulfillment Center

Amazon’s fifth Sunshine State location will create over 1,000 full-time hourly jobs.

Two Tech Companies Growing In Central Indiana

PactSafe and WDD Software will create 160 new jobs in Indianapolis.

Teligent, Inc. Celebrates $50M Facility Expansion

The specialty generic pharmaceutical company is expanding its manufacturing and R&D complex in Buena, NJ, with the potential to create up to 200 jobs.

Keeping In Touch

A constant dialogue between local businesses and economic development organizations is a key that unlocks growth. Elk Grove Village sets a great example.

Cascades Tissue Expanding In Oregon

The consumer paper goods manufacturing operation will result in a $64M investment and 80 new jobs in Columbia County, OR.

City Of Virginia Beach Lands 85 New Jobs

Barcelona, Spain-based manufacturer SANJO Corte Fino to invest $17.5M to establish its North American headquarters in Virginia Beach, VA.

Logistics: On the Road, Water or Rails…or in the Air — AGAIN

Despite an uneven track record in annual revenues vs. costs, the logistics industry keeps on trucking, railing, sailing and flying to get your goods where they need to go.

CSRA Creating Customer Engagement Center In Louisiana

The new operation will create 300 jobs within two years, adding to CSRA's 800-job Integrated Technology Center that will open in Bossier City in late 2016.

Frontier Secure Growing In Virginia

The new $10.9 million customer care center will create up to 500 jobs in Wise County, VA.

Sallie Mae Chooses Indiana For Expansion

The Delaware-based company is expanding in Indianapolis, investing more than $15.7 million and creating nearly 300 new jobs by 2018.

Governor’s Report: Sooner Is Better In Oklahoma

Oklahoma proactively is meeting critical development priorities, including a STEM-oriented workforce, sustainable water resources, green energy, 21st-century infrastructure—and a great place to live.

Mexico-Based Company Building First U.S. Logistics Hub In Indiana

Transpoint Intermodal LLC’s new $13.5 million cargo transfer facility in Fort Wayne will create up to 64 new jobs by the end of 2019.

New Jersey EDA Awards Corning Pharmaceutical Glass $8.3M

The Grow NJ program award targets job creation and will help the company grow in Vineland, yielding a net benefit of $20.4M back to the state over 20 years.

Expanded Panama Canal Officially Opens

The largest enhancement project since the canal opened in 1914 will provide the world's shippers, retailers, manufacturers and consumers with greater shipping options, better maritime service, enhanced logistics and supply-chain reliability.

Unmanned Aerial Systems Industry Taking Flight

Michigan has a rich history of innovation, a skilled work force, and leading academic institutions prepared to engage in the emerging public UAS space.

Kronospan $362M Expansion Creating 160 Alabama Jobs

The Austria-based wood-based panel products manufacturer plans to expand its operations in Calhoun County, adding 160 jobs to its Alabama workforce.

Selecting Success

We hope President Obama's last keynote at SelectUSA marked a beginning and not an end.

Glass Manufacturer Expanding In Fremont, IN

Minnesota-based Cardinal IG will expand in Steuben County, IN investing $2.3M and creating up to 38 jobs by 2019.

May / June 2016 Issue (Volume 49, Number 3)

States that are leaders in creating a skilled workforce are the focus of Business Facilities' May / June 2016 issue. Plus, a look at research parks, and the logistics industry.

Columbus, OH Wins $50M Smart City Challenge

The winnings will be used to link neighborhoods and improve mobility for residents, encourage additional growth, and provide an environment for technology companies to locate in Columbus.

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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

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.

New Jobs To Drive Migration To Middle America

Strong job growth on the coasts has been drawing people away from Middle America, but experts predict the trend will reverse.