Tag: Economic Development

Prince William County, VA Opens Workforce Education And Training Center

The Northern Virginia Community College (NOVA) recently celebrated the Grand Opening of its Regional Center for Workforce Education and Training (RCWET) in Woodbridge, VA.

Louisiana Economic Development Wins Deal of the Year: Bronze Award

The Bronze Award winner in BF’s 2015 Economic Development Deal of the Year competition will generate an estimated $17.7 billion in economic impact for the region over the next 10 years.

Deal of the Year: Silver Award Goes To South Carolina Department of Commerce

The Palmetto State, long-time home of BMW’s production hub, moves into the top tier of automotive manufacturing states by snaring Volvo’s first U.S. plant.

Arkansas Lands New Glatfelter Manufacturing Facility

Glatfelter will invest approximately $80 million and create up to 83 highly-skilled jobs at its new manufacturing facility in Fort Smith, AR.

January/February 2016 Issue (Volume 49, Number 1)

The State of the Year and Deal of the Year awards are the focus of Business Facilities January/February 2016 issue, plus an Automotive Industry Focus.

Economic Development Deal of the Year: Gold Award

Greater Houston Partnership snares a coveted 4.1-million-square-foot campus with a unique proposal utilizing an online site-selection app and intense data crunching.

Bakery Company Chooses Kentucky For Third Location

More Than A Bakery, LLC plans to build a $57.1 million facility in Versailles, KY. The bakery and distribution facility will employ 310 people.

AT&T Introduces AT&T Fiber Ready Designation In Georgia

The Fiber Ready designation helps economic development officials promote their communities for site selection by emphasizing the availability of high-speed, fiber-based services.

Did You Miss “The Big Lies Of Workforce” Webinar?

When it comes to the critical priority of workforce availability, site selection professionals evaluating locations for new projects need to separate the truth from an incoming cascade of false market signals.

Silicon Prairie

Droves of high-tech startups are putting down roots in the Great Plains.

Security Company Expanding In Indianapolis

Schlage Lock Company will invest more than $13 million and add up to 158 jobs by 2020.

USDA Awards Loans To Boost Rural Economic Development In Five States

The U.S. Department of Agriculture's (USDA) has awarded six low-interest loans to local governments and community organizations that will spur rural economic development in Missouri, Florida, Georgia, North Carolina and Texas.

Medical Device Company To Create More Than 350 Jobs In Southwest Florida

Arthrex, a global medical device company in orthopaedics, is expanding in Ave Maria, FL and will create more than 350 jobs at the 218,000-square-foot manufacturing facility.

Wayfair Selects Texas For New Customer Service Center

Wayfair, Inc. has selected Bryan-College Station in the Research Valley region of Texas for its new customer service center, which will employ approximately 450 employees.

Business Facilities’ 2015 State of the Year: Alabama

The Crimson Tide is rolling, big time, and now it’s brought in our top honor: Alabama is BF’s 2015 State of the Year.

Iowa Incentives Support Over $53M In Capital Investments

The Iowa Economic Development Authority (IEDA) board has awarded direct financial assistance and tax benefits to six companies for job creation and expansion projects.

UrbanTech NYC Will Support Building Smart And Sustainable Cities

The New York City Economic Development Corporation (NYCEDC) has launched UrbanTech NYC, a comprehensive program to help entrepreneurs and innovators address New York City’s most pressing urban challenges in sectors such as energy, waste, transportation, agriculture and water.

September/October 2015 Issue (Volume 48, Number 5)

Innovation hubs and logistics are the focus of Business Facilities September/October issue, plus reports on Indiana, New Jersey, Texas, North Carolina, California.

Pennsylvania Awards Early-Stage Tech Businesses Nearly $18M

The Keystone Innovation Zone Tax Credit supports entrepreneurship in and around Pennsylvania's colleges and universities.

NJ Angel Investor Tax Credit Program Injects $125M In Tech Companies

Technology and biotechnology companies around New Jersey invested more than $51 million in 2015.

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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.

Latest Blog Posts

ADP To Create 1,600 Jobs In Orlando Region

The new office will create up to 1,600 new jobs within the next five years and result in a capital investment of $28 million.

Eurotranciatura USA Expanding In Tennessee

The steel company will create more than 170 new jobs and invest $12.6 million to expand its advanced manufacturing operations in Paris, TN.

Gap, Inc. Expanding Gallatin, TN Distribution Facility

The global retailer will invest $35 million, create more than 100 new jobs in Middle Tennessee over next five years.

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.