Tag: Economic Development

Granex Opens First U.S. Location In Tampa

Granex ships more than 300 truckloads of granite and marble slab every year across North America and more than 350 containers across the world from the Port of Tampa Bay.

Automotive Industry Focus: Hitting On All Cylinders

The U.S. auto industry recorded its best year ever in 2015, selling 17.5 million cars and light trucks in the U.S., nearly $570 billion in revenue and a 5.7 percent increase over last year.

South Korean Auto Supplier Investing $19M In Alabama Expansion

Mando’s latest expansion will push its investment in Alabama to $220 million.

Savannah Notches Record Cargo Volume

Georgia’s largest port moved nearly 4 million containers in 2015, an increase of 11.7 percent over the previous year.

Heroic Efforts In California

Under California’s Renovate America program, the state partners with locations to finance new energy-efficiency projects, creating new jobs in the golden state.

Advanced Manufacturing Driving Pittsburgh’s Economic Growth

Capital investment in southwestern Pennsylvania totaled $2.9 billion in 2015, marking the ninth consecutive year capital investment in the region exceeded $1 billion, according to the Pittsburgh Regional Alliance’s (PRA) ninth annual Business Investment Scorecard.

Superior Composites Announces a $2.5 Million Expansion At Its Kentucky Facility

Superior Composites Co joined state economic development and local officials in Vanceburg, KY, to mark the start of a $2.5 million expansion.

$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

An economic development partnership has been announced by the FlintNOW Foundation and Huntington Bank for Flint, Michigan amid the water crisis.

Biopharmaceutical Industry Leader Investing $168M In Elkton Plant

Merck, an American biopharmaceutical industry leader, will invest $168 million to expand its manufacturing plant near the town of Elkton, Virginia.

Axiall, Lotte Invest $3 Billion in Louisiana Chemical Plants

A joint venture will build a new $1.9-billion ethane cracker and a $1.1-billion glycol plant on a Lake Charles site in Calcasieu Parish.

Amazon Announces Plans To Bring 1,000 Jobs To Kansas

Amazon.com, Inc announced plans to open a state-of-the-art fulfillment center in Edgerton, Kansas bringing 1,000 full-time hourly positions to the state.

Leading Agriculture Equipment Company Relocating Tennessee HQ to Indiana

Krone North America, a leading agriculture equipment company, announced plans to relocate its headquarters from Memphis, TN, to Shelbyville, IN.

Knight Transportation Creating 87 Jobs In Michigan

The Right Place, Inc., along with local and state partners in the City of Grand Rapids, approved a Michigan Strategic Fund (MSF) incentive for the Knight Transportation project.

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.

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.

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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: Mars Chocolate Topeka Candy Production Plant Officially Opens

Mars Chocolate North America officially opened the doors of a new, state-of-the-art, roughly 500,000-square-foot candy production facility in Topeka, Kansas.

Latest Blog Posts

Ken’s Foods Growing In Lebanon, IN

The national foods producer is setting up a new $90.5M manufacturing and distribution center in Lebanon, IN, creating 150 new jobs.

$35M Film And Television Production Complex Opens In South Bronx

Silvercup Studio’s third facility in New York – Silvercup North – will generate 400 new jobs in the South Bronx.

GM Announces $90M Northeast Indiana Investment

General Motors will invest more than $90 million to update equipment at its Marion Metal Center plant’s existing 2.7 million-square-foot campus.

Surveys & Research

New Jobs To Drive Migration To Middle America

Strong job growth on the coasts has been drawing people away from Middle America, but experts predict the trend will reverse.

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.