Tag: Economic Development

IEDA Funding, Tax Breaks Spur Job Creation in Iowa

Financial assistance and incentives are approved for four companies that will invest $254 million and create 241 new jobs.

Galderma Expanding Texas HQ

Galderma’s expansion will include the addition of a 100,000-square-foot facility, a $22 million capital investment and the creation of 342 new jobs.

Honda Investing $52M To Expand Production In Indiana

Honda Manufacturing of Indiana, LLC will invest $52 million in its Greensburg, IN facility to enhance job training and add production of the Honda CR-V.

Food Processing: Generating Growth for Good Eats

The recent consolidation of food industry giants via mega-mergers is not slowing the exponential growth of major food processing hubs.

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.

PayPal Creating 400 Jobs In North Carolina

San Jose, CA-based PayPal, Inc. will invest over $3.6 million in a 400-job global operations center in Charlotte, NC by the end of 2017.

World Water Day

The first White House Water Summit aims to mobilize a national effort to conserve and expand our water resources.

Chobani Expanding World’s Largest Yogurt Manufacturing Plant

The company will invest nearly $100 million to expand its Twin Falls, ID yogurt manufacturing operation.

Photonics Companies Investing $1.6B In Rochester, Creating More Than 1,400 Jobs

Photonics company Avogy will move its headquarters from Silicon Valley to Rochester; Together with Photonica, will locate advanced development and early manufacturing at Eastman Business Park.

ConAgra Foods Lamb Weston To Expand In Oregon

The $30 million investment will add additional processing capacity for making formed products such as hash brown patties and potato puffs.

ADP Investing $32.25M In Virginia Customer Service Center

ADP chose to locate the new facility in Norfolk because of the thriving business climate in the city and Virginia.

House Bill 1223 Helps Bring Skybox Data Center To Plano, Texas

Legacy One will be one of the only data centers in Texas that qualifies for House Bill 1223, which can provide industry-leading data center sales and use tax abatements for large data center users across their servers, power, infrastructure and operations.

Florida: A Million Miles For A Million Jobs In The Sunshine State

On a statewide bus tour, Gov. Rick Scott hails Florida’s success creating new jobs, calling for $1 billion in tax cuts and the creation of a $250-million Florida Enterprise Fund.

Premier Corporate Site Selection Event Happens Next Month

Join us April 17-19 at the Hyatt Regency Pier Sixty-Six in Fort Lauderdale, FL for Business Facilities LiveXchange, the premier site selection event for corporate site selectors and consultants.

McKesson Expanding In Dallas, Creating 975 Jobs

A Texas Enterprise Fund (TEF) grant of $9.75 million has been offered to the San Francisco-based healthcare services and IT company.

Condiment Maker To Invest $20M, Create 150 Jobs In Tennessee

Develey Mustard & Condiments Corporation will invest $20 million in its first North American production facility, creating 150 jobs in Dyer County over the next five years.

Iron Mountain Picks Northern Virginia For Data Center Campus

The project allows Iron Mountain Data Centers to enter the Greater Washington metropolitan area from a strategic location with robust power and fiber infrastructure that will accommodate highly secure data center applications.

Indiana Lands $26M Regional Distribution Center

The Fort Wayne logistics hub will provide easy and affordable access to the Great Lakes/Midwest region and beyond.

FIS Expansion To Create 250 Jobs in Jacksonville

Financial services technology company FIS is investing $2 million to expand in Jacksonville, FL creating 250 jobs in the process.

Where Are the Jobs? Survey Reveals U.S. Hiring Plans.

Employers in Charlotte, Omaha, Albany, and Boise expect to hire the most employees in the second quarter of 2016, according to the latest Manpower Employment Outlook Survey.

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Featured Location Videos

BF Location Video: City of Cape Coral

In this episode of Today in America, football legend Terry Bradshaw provides an overview of Cape Coral, Florida--a big city with a small town feel.

Latest Blog Posts

Indiana Auto Services Firm Growing HQ

Shield Global Partners plans to invest $4.15M and create up to 135 new jobs in Downtown Evansville over the next few years.

Crispr Critters

The world's scientists have been given the green light to re-engineer the human race. Anybody think that's a good idea?

California Manufacturer Expanding In West Michigan

Stikwood plans to create 73 new jobs and invest nearly $4.2 million to expand the company’s operations to the City of Kentwood, MI.

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.