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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/frontier-secure-growing-in-virginia/
The new $10.9 million customer care center will create up to 500 jobs in Wise County, VA.

Frontier Secure Growing In Virginia

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.

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.

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Featured Location Spotlight

Ohio Electric Cooperatives: Location Spotlight Of The Week

To learn more about Ohio Electric Cooperatives generation, transmission and distribution capabilities, and the cooperative difference, visit this microsite.

Featured Location Videos

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.