Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

Business Facilities highlights area economic development and site selection news from around the world. Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.


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Business Facilities highlights area economic development and site selection news from around the world. Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.

Business Facilities Featured News

AirTrunk Unveils Tokyo Data Center, Set To Be Largest In Japan

Australian AirTrunk has established its first data center in Japan; the sprawling Tokyo complex will become the country's largest data campus.

Mississippi: Milwaukee Tool Expands In Grenada And Clinton

Hardware maker Milwaukee Tool expects to create 800 new jobs in Grenada, MS and will add 400 more in Greenwood, Jackson and Olive Branch.

U.S. Tech Firm Helm360 Expands Operations In Costa Rica

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.

2021 Deal Of The Year Entry Deadline Extended!

Submissions will be accepted for Business Facilities’ 2021 Economic Development Deal of the Year Awards until December 7, 2021. Awards will be featured in the January/February 2022 issue of Business Facilities.

Texas Lands $17B Samsung Chip Manufacturing Factory

In the largest foreign direct investment in Texas on record, Samsung will create more than 2,000 high-tech jobs at its new semiconductor manufacturing facility in Taylor, TX.

North Carolina Sees Investments In Food Processing, Manufacturing

Packaging manufacturer CCL Label Inc. and frozen food company Meel Corp are both expanding into North Carolina, bringing millions in investments to the state.

BMW Manufacturing Expands South Carolina Presence With Logistics Center

BMW Manufacturing's $100 million investment will supplement its existing logistics operations in South Carolina, bolstering production.

Texas Instruments Constructing Semiconductor Plant In North Texas

Texas Instruments will begin construction on its Sherman, TX fabrication plants by next year, with production anticipated to begin as early as 2025.

Business Facilities Webinars

Did You Miss Our Labor Market Recovery Report Webinar?

In this free video webinar, Emsi EVP Josh Wright crunches the latest labor market data and shares his outlook on sectors and regions poised for recovery, the impact of remote work, and more.

Did You Miss Our “Bringing Your Supply Chain Home” Webinar?

View this free video webinar and learn which factors must be evaluated when choosing the right location for your manufacturing supply chain.

LiveXchange Webinar: Panel Discussion – Opportunity Zones 2.0

Learn how Opportunity Zones are becoming prime investment opportunities for capital gains and how new IRS guidelines will impact on your plans for a QOZ near you.

Business Facilities Sponsored Content

Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

CMA CGM Marco Polo Breaks Record at Port of Savannah

The Port of Savannah recently served the largest vessel to call the U.S. East Coast, the CMA CGM Marco Polo. At 1,200 acres, the Port of Savannah’s Garden City Terminal is North America’s largest single container terminal. Learn more.

Jacksonville Fosters Growth, Innovation For Medical Device Manufacturers

A deep workforce, a vibrant and innovative medical ecosystem and a multitude of tax and lifestyle benefits make Jacksonville the ideal home for medical device manufacturers.

[VIDEO] Mexia is a great place to live (and do business in!), no matter how you pronounce it.

Located in the Heart of the Texas Triangle, Mexia’s centrally located community at the intersection of HWY 84 & 14 provides great access to I-35 & I-45. Our lower cost of living, rich history, shovel-ready industrial park sites, regionally based workforce, and abundance of retail are just a few reasons why Mexia should be on your radar!

New Logistics Park a “Game-Changer” in Northwest Ohio

Located adjacent to the CSX Intermodal, Logistics Park Ohio is a new 2.5 million square-foot development which provides businesses reduced transportation costs, lower supply chain expenses, and ultimately mitigates risk and increases profits.

[VIDEO] Mastered In Tennessee

Companies all across the globe know it’s not just Tennessee's central location, low debt, or pro-business environment that keeps bringing world-class brands to our state. Leaders in the business world rely on Tennessee’s dedication to craftsmanship, our resilience and pioneering vision that we put into everything we do.

Highlands County, Florida: “The Center of Everything”

Highland County, Florida's ideal location makes the area primed to quickly receive, produce, and distribute goods and services regionally and globally.

[VIDEO] Why Michigan? | Pure Opportunity | MEDC

Why come to Michigan? Pure opportunity. Looking for tech talent? Ours is among the fastest growing. Need a low cost of living? Ours is the 4th lowest in the nation. Sick of paying high taxes? Michigan’s business environment is ranked in the top 10.

BF Location Video: Why Michigan? – Discover Pure Opportunity

Businesses are choosing Michigan for our diverse and abundant workforce, business-friendly environment, low cost of living and global supply chain assets.

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

COVID-19 Interactive Map

Click to view the Coronavirus (COVID-19) interactive map.
Click to view the Coronavirus (COVID-19) interactive map.

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AirTrunk Unveils Tokyo Data Center, Set To Be Largest In Japan

Australian AirTrunk has established its first data center in Japan; the sprawling Tokyo complex will become the country's largest data campus.

Mississippi: Milwaukee Tool Expands In Grenada And Clinton

Hardware maker Milwaukee Tool expects to create 800 new jobs in Grenada, MS and will add 400 more in Greenwood, Jackson and Olive Branch.

U.S. Tech Firm Helm360 Expands Operations In Costa Rica

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.

U.S. Tech Firm Helm360 Expands Operations In Costa Rica

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.

AirTrunk Unveils Tokyo Data Center, Set To Be Largest In Japan

Australian AirTrunk has established its first data center in Japan; the sprawling Tokyo complex will become the country's largest data campus.

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BUSINESS FACILITIES MAGAZINE

Mississippi: Milwaukee Tool Expands In Grenada And Clinton

Hardware maker Milwaukee Tool expects to create 800 new jobs in Grenada, MS and will add 400 more in Greenwood, Jackson and Olive Branch.

2021 Deal Of The Year Entry Deadline Extended!

Submissions will be accepted for Business Facilities’ 2021 Economic Development Deal of the Year Awards until December 7, 2021. Awards will be featured in the January/February 2022 issue of Business Facilities.

Iowa: A $4 Billion Economy Grows In Ottumwa

With shovel-ready sites, a skilled workforce and a strategic location, Ottumwa, IA has everything you need to grow.

Illinois: Building The Future In The Land Of Lincoln

With a talent pool approaching 7 million—a third of whom hold a bachelor’s degree or higher—Illinois has the skill sets needed to fill 21st-century jobs.

Business Facilities Popular Posts

2021 Deal Of The Year Entry Deadline Extended!

Submissions will be accepted for Business Facilities’ 2021 Economic Development Deal of the Year Awards until December 7, 2021. Awards will be featured in the January/February 2022 issue of Business Facilities.

17th Annual Rankings: 2021 Global Rankings Report

San Francisco, New York and Tel Aviv have the best Startup Ecosystems in Business Facilities’ 2021 Global Rankings Report.

Business Facilities’ 17th Annual Rankings: State Rankings Report

Our most comprehensive rankings compilation to date, our 17th Annual Rankings Report features 60 categories that highlight State, Metro and Global leaders building the foundation for a future of sustainable growth.

Cedar Port: Largest U.S. Industrial Park, With The Best Infrastructure

TGS Cedar Port Industrial Park is the largest master-planned, rail-and-barge-served industrial park in the U.S., offering industry-leading access for distribution, manufacturing and terminal users.

Business Facilities Recent Issues

September / October 2021 Issue (Volume 54, Number 5)

The September / October 2021 issue looks at startup ecosystems, innovation centers and Opportunity Zones. Plus, an exclusive interview with North Carolina Gov. Roy Cooper.

Business Facilities 2020 CALED Member Directory

CALED and Business Facilities have once again teamed up to produce and market the CALED Member Directory – the "Who's Who in Economic Development in California".

Business Facilities Past Issues

July / August 2021 Issue (Volume 54, Number 4)

The July / August 2021 Issue features our 17th annual Rankings Report, including state, metro, and global rankings. Plus, working where you want to live.

Business Facilities Featured Location Videos

Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.
Site Selection/EDO Directory. Economic Development websites and contacts - state, utility, regional development, county and city listings.

The Business Facilities Online Site Seekers' Guide is the most comprehensive online directory of economic development agencies from around the world.
~ View the digital edition.
~ Print and online advertising.

Business Facilities Featured Location Spotlights

Location Spotlight: Game-changing Logistics Hub in Northwest Ohio

A nationally acclaimed logistics development company is preparing to unveil a master-planned park which will be able to accommodate more than 4 million square feet of industrial space. This park will also lay adjacent to one the country’s most critical intermodal terminals. NorthPoint Development is on a fast track to putting up the $250 million park which is expected to serve as a significant advantage for industrial supply chains in the Midwest.

Business Facilities LOCATION NEWS

AirTrunk Unveils Tokyo Data Center, Set To Be Largest In Japan

Australian AirTrunk has established its first data center in Japan; the sprawling Tokyo complex will become the country's largest data campus.

Mississippi: Milwaukee Tool Expands In Grenada And Clinton

Hardware maker Milwaukee Tool expects to create 800 new jobs in Grenada, MS and will add 400 more in Greenwood, Jackson and Olive Branch.

U.S. Tech Firm Helm360 Expands Operations In Costa Rica

Global tech innovator Helm360 will continue to expand its Costa Rican operations with a new $3.5 million facility in Pérez Zeledón.

2021 Deal Of The Year Entry Deadline Extended!

Submissions will be accepted for Business Facilities’ 2021 Economic Development Deal of the Year Awards until December 7, 2021. Awards will be featured in the January/February 2022 issue of Business Facilities.

State By State Incentive Guides (See All >>)

Alabama Incentives and Workforce Development Guide

A comprehensive list of Alabama financial aid, loans, grants, abatements, workforce development, exemptions, funds & capital investment opportunities.

Alaska Incentives and Workforce Development Guide

A comprehensive list of Alaska financial aid, loans, grants, abatements, workforce development, exemptions, funds & capital investment opportunities.

Arizona Incentives and Workforce Development Guide

A comprehensive list of Arizona financial aid, loans, grants, abatements, workforce development, exemptions, funds & capital investment opportunities.

Arkansas Incentives and Workforce Development Guide

A comprehensive list of Arkansas financial aid, loans, grants, abatements, workforce development, exemptions, funds & capital investment opportunities.

California Incentives and Workforce Development Guide

A comprehensive list of California financial aid, loans, grants, abatements, workforce development, exemptions, funds & capital investment opportunities.

Colorado Incentives and Workforce Development Guide

A comprehensive list of Colorado financial aid, loans, grants, abatements, workforce development, exemptions, funds & capital investment opportunities.

Business Facilities Surveys & Research

Global Real Estate CEOs Plan For Industry Transformation

A new World Economic Forum report maps how the real estate industry can transform to ensure buildings and cities are liveable, sustainable, resilient, and affordable.

Tech Companies Will Maintain Or Increase Remote Workforce In 2021

COVID-19 forced businesses to create a remote workforce, and the change may be permanent, according to a new report from Velocity Global.  

Top Five Site Selection Predictions For 2021

A survey of Site Selectors Guild members reveals the key trends impacting corporate location decisions in a wide range of industries in the U.S. and around the world. 

Many Workers Want Workplaces To Stay Closed Until Vaccines Available

More than half of workers say employers should offer vaccine incentives, 42 percent say employers should delay re-opening, finds new Eagle Hill research.

Massachusetts Ranked Tops For LEED Green Building

2020 revealed the importance of healthy, green buildings in supporting people and communities, according USGBC's Top 10 States for LEED Green Building.

Employee Workplace Needs Differ Dramatically By Generation

While Millennials prioritize better hardware, Gen X wants more flexible work schedules to care for their families and Baby Boomers want a raise, finds the Nintex Workplace 2021 Study.

Will Workers Resign Due To Handling Of COVID-19 Pandemic?

Two in five office workers plan to resign and find a new job based on how their company handled the COVID-19 pandemic, reveals a new survey.

Half Of U.S. States To See Minimum Wage Increases In 2021

Many states will make changes to their minimum wage laws in 2021; greatest impacts will be seen in California, Washington and Florida.

Business Facilities Location Spotlights