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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/2016/07/icims-opts-to-grow-at-new-jerseys-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.

iCIMS Opts To Grow At New Jersey’s Bell Works

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.

TinderBox To Hire Over 200 At Indiana Global HQ

The $3.2 million expansion in downtown Indianapolis comes as the cloud-based sales platform company rebrands itself as Octiv.

Japan-Based Auto Supplier Expands Indiana Manufacturing

Ryobi Limited will invest $97.5 million and create up to 150 new jobs in Shelby County, IN by 2018.

Gerhardi Picks Alabama For First U.S. Plant

The German auto supplier will invest $37.9 million and create 235 jobs with its first North American manufacturing facility in Montgomery, AL.

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.

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Ohio Electric Cooperatives: Location Spotlight Of The Week

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BF Location Video: Cape Coral – A Market on the Rise

Ranked as the top location in the U.S. for job gains, this city has much to offer. According to recent census data, Cape Coral, Florida’s population jumped by 16%, to more than 175,000 year-round residents. With an average of 266 days of sunshine a year, it’s no wonder Cape Coral continues to grow with rapid speed.