Topics | Business Facilities - Economic Development, Site Selection & Workforce Solutions

Hankook Nashville

Hankook Tire To Invest $5M, Move North American HQ To Tennessee

Hankook Tire America Corp. will locate its North American headquarters in Nashville, TN, investing approximately $5 million and creating up to 200 jobs.
March/April 2016

March / April 2016 Issue (Volume 49, Number 2)

The Global Biotech Industry is the focus of Business Facilities' March/April 2016 issue, along with our annual Economic Development Awards. Plus, a look at the Aerospace Industry.
global biotech

Cover Story: Global Biotech Report

The global life sciences industry has adopted an attitude of cautious optimism, expecting reliable growth that will fall short of pre-recession investment surges.
Monsanto Louisiana

Monsanto To Invest $975M In Louisiana Expansion

The investment in its St. Charles Parish operations will support the launch of Monsanto’s Roundup Ready® Xtend Crop System.
2016 Economic Development Awards

Feature Story: 2016 Economic Development Awards

With so many locations embracing cutting-edge technologies and innovative development strategies, it was hard to pare down the worthy nominees for our economic development awards festival. Here are the folks who made the cut, the best of the best in the applications of smart practices for sustainable growth.
CSP Huntington

Auto Supply Manufacturer Adding 80 Jobs In Indiana

Continental Structural Plastics (CSP) Inc., a tier 1 automotive supplier specializing in vehicle lightweighting technologies, will expand its operations in Huntington, IN creating up to 80 new jobs by 2020.
Bayer Tackles Environmental Challenges With NJ's Clean Energy Program.

Bayer Tackles Environmental Challenges With NJ’s Clean Energy Program

Pay for Performance incentives from New Jersey's Clean Energy Program help Bayer turn vacant buildings into showcase of energy innovation for construction of new U.S. headquarters.

Water on the Brain

The largest—and arguably the most critical—infrastructure project in the nation has been put on hold for another 10 years.
Toyota Research Institute

Toyota Chooses Ann Arbor For Third U.S. Research Facility

The research institute will benefit from Toyota’s existing team and University of Michigan’s research talent and facilities, where it can perform extreme-limit testing in a wide variety of environments.
Kansas

State Focus – Kansas: The Sunflower State Is Blooming and Booming

Known as the Sunflower State, Kansas boasts a highly skilled workforce, outstanding infrastructure, low operating costs and a location in the heart of America.
automotive industry

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.
Mando Opelika Alabama

South Korean Auto Supplier Investing $19M In Alabama Expansion

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

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.
Murrieta California

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.
Pittsburgh

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.
U.S. Department of Transportation’s (DOT) Smart City Challenge.

Race to a Smart Future

The finalists in DOT's Smart City Challenge want to replace gridlock with cloud-based traffic management.
Lake Charles, LA - Axiall Corp. and Lotte Chemical Corp. will invest 3 billion in two new chemical manufacturing plants.

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.
Krone Agriculture Equipment

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.
Grand Rapids Michigan

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.
Iowa 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.

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Latest Blog Posts

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.

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OmniTRAX affiliate partners with Topflight Grain Cooperative to operate, drive business to and rehabilitate the Cisco to Decatur line.

Contributed Columns

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.

London, New York Top Global Cities 2016

A.T. Kearney’s Global Cities 2016 can help businesses make key investment decisions such as where to place regional and global headquarters, as well as manufacturing and research hubs.

Chinese Real Estate Investment Plays Growing Role In U.S. Economy

Chinese investment in U.S. real estate has grown dramatically since 2010, according to a new report by Asia Society and Rosen Consulting Group.

Foreign Direct Investment: On the Rebound?

U.S. and China hold top two Foreign Direct Investment positions for fourth straight year; Canada ranks #3; Germany rises to #4 to lead Europe.