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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/2016/06/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.

Kronospan $362M Expansion Creating 160 Alabama Jobs

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.

Workforce Training: Engineering A Skilled Workforce

States, regions, businesses and higher ed resources are joining forces in an aggressive and innovative effort to fill the skilled labor shortage in the United States.

Southern California Water Recycling Project To Make History

The $110 million state-of-the-art water treatment plant will enable the Water Replenishment District to develop the first locally sustainable groundwater basins in California.

Japan’s Largest Steel Producer Expanding In Indiana

Nippon Steel & Sumitomo Metal Corporation's $50M investment will create up to 70 new jobs in Shelby County, IN by 2021.

Tennessee Targets Downtowns For Revitalization

The 12 communities chosen will take part in the fifth round of the state’s downtown revitalization program.

New Jersey’s CCIT Helps Companies Generate Over $130M In Revenues

The Commercialization Center for Innovative Technologies (CCIT), the Garden State’s leading life sciences incubator, is a hub of activity within New Jersey’s technology sector.

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.

Hunter Industrial Locating HQ, Production Center In Nashville

The ceiling fan manufacturer, new division of the Hunter Fan Company, will invest $1.4 million and create 41 new jobs in Nashville, TN.

HighRes Biosolutions Breaks Ground For New Corporate HQ

The laboratory automation product company is moving to a new facility in Beverly, MA with help from the city's Tax Increment Financing (TIF) Program.

Drone Technology Improves Infrastructure Inspections

Organizations in Michigan like the MEDC are encouraging and supporting startups in a way that isn’t necessarily available in other states, according to the CEO of Ann Arbor, MI-based SkySpecs.

State Focus – Arkansas: Expect the Unexpected

You’ll find the best of both worlds in Arkansas: a folksy place where people still say hello to strangers on the street, while cutting-edge technology is embraced on local plant floors.

Global Demand For French Fries Spurs ConAgra Expansion

ConAgra Foods Lamb Weston will invest $200M to expand its french fry processing operations in Richland, WA, creating 128 jobs.

Industry Focus – Retail: Less Than Six Degrees of Separation

The retail industry has an impact on more than just the clothes in our closets and our daily coffee fix.

Grainger Expands In Texas

The maintenance, repair and operating product supplier will invest $3.9 million and create 200 jobs at its new San Antonio, TX facility.

Torchlite Expansion Will Bring 140 Jobs To Indianapolis

The woman-owned digital marketing service provider will benefit from up to $2,825,000 in conditional tax credits and up to $100,000 in training grants.

Systaaq Diagnostic Products Moves To Virginia

The molecular diagnostics company is the newest tenant at the Prince William Science Accelerator in Innovation Park.

Business Report-New Jersey: Jet.com Expands HQ in Hoboken

The e-commerce enterprise will double the size of its corporate offices at the Waterfront Corporate Center III, and Allied Specialty Foods decides to stay put in New Jersey.

Business Report: Nebraska – Community Development Block Grant Funds Expansion in York

The Nebraska Department of Economic Development awards $267,955 to help upgrade York Cold Storage’s facility.

Oscar Expands In Arizona

The region’s large, skilled workforce, high quality of life, pro-business climate and creative office space options like The Circuit were attractive draws for the company.

Michigan’s URC Contributes $958M, 11,600 Jobs In Detroit

The University Research Corridor accounts for one in 20 Motor City jobs amidst continued recovery, according to a new report.

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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.