BF Staff
Oklahoma Sees ‘Tremendous Growth’ In New, Existing Companies
Two economic development programs awarded a combined $13.5 million to more than 175 businesses in 2023 alone, according to the Oklahoma Department of Commerce.
Two Manufacturers Invest $29M To Expand In Tennessee
Protomet Corporation will create 250 new jobs in Roane County, Corky’s Food Manufacturing will create 28 new jobs in Memphis.
Mack Trucks To Be Made In Mexico
Expected to open in 2026, the plant will support the growth of Volvo Trucks and Mack Trucks in the U.S. and Canadian markets through existing operations there.
Business, Civic Leaders Build On Illinois’ Momentum
Incentives, ‘leading infrastructure,’ and a skilled workforce contribute to the influx of companies making moves in the Land of Lincoln.
Louisiana Announces Over $58M In Manufacturing Investment In One Day
The three manufacturing projects announced today will create or retain approximately 600 jobs at locations in Northwest and Southwest Louisiana.
In North Carolina, FUJIFILM Diosynth Investing $1.2B To Expand Biopharma Manufacturing
Building on the company's investment of $2 billion in 2021, the Wake County, NC plant is set to be the largest end-to-end biopharma manufacturing facility in North America.
Arizona Attracts ‘Record Investments,’ ‘Major’ Economic Wins
Arizona saw nearly 100 companies commit projects to the state in 2023, In addition to its interest in growing its semiconductor industry footprint.
Life Sciences Industry Continues To Thrive
Locations attract biotech, pharmaceutical, and medical device companies by meeting their need for educated workers and access to resources.
Pratt & Whitney Plans Technology Accelerator, Engine Center Expansion In Florida
Pratt & Whitney plans a North American Technology Accelerator (NATA), and will invest $20M in its West Palm Beach Engine Center, both in Jupiter, FL.
Survey: Life Sciences Incubators Anticipate Continued Growth
In this first CBRE survey of its kind, incubators across the U.S. were asked about expectations related to funding and overall growth.
New Jersey: Economic Growth Renewed
New Jersey saw a landmark year in 2023, with artificial intelligence (AI), life sciences, and manufacturing contributing to the Garden State's economic growth.
Exploring The Energy Future
As industries seek to diversify energy sources, government initiatives remain central to these efforts.
Three Firms Choose To Grow In Washington, DC
Created through a $10 million investment by Mayor Muriel Bowser, the Vitality Fund is a multi-year, performance-based incentive program to support companies in target industries.
Site Selection In 2024: What Risks Define Business Investment Decisions?
Ongoing scarcities and geopolitical forces are among the factors that are impacting facility location decisions, according to a new study from the Site Selectors Guild.
Why? Mississippi
Bill Cork, Executive Director, Mississippi Development Authority, shares how the Magnolia State supports speed-to-market through ready sites, workforce training, and strategic location.
BF Editors’ Blog: 2024 Solar Eclipse Economic Impact & Where To Watch
From the economic impact to opportunities to travel with family and friends to maximize the experience, anticipation is going strong across North America.
Fantasy Sports Company Bets On Atlanta For $25M HQ
Over the next seven years, PrizePicks will add 1,000 jobs at its new 33,000-square-foot Midtown Atlanta headquarters.
Four Business Expansions To Create 144 Jobs In Michigan
Located in Kent and Bay counties, four recently-announced Michigan business expansion projects will create 144 jobs and generate nearly $72 million in capital investment.
Military Communities Serve As Opportunity Zones For Nearby Cities
Opportunity zones help defense contractors address nation’s aging military industrial base. Plus, Viewpoint: Federal Opportunity Zones As Business Recruitment Tool
York County, South Carolina: Growing With Charlotte And Beyond
At the heart of the Carolinas’ largest metro, York County offers a diverse, thriving economy, great living choices, and room to grow.