BF Staff
Hartford, Connecticut – A Cost Competitive Location For Technology Companies
The MetroHartford Alliance engaged leading national accounting and consulting firm CohnReznick to compare the tax and lease costs in Hartford, CT vs. other U.S. insurance and financial services markets.
Tesla Parts Distribution Center Headed To South Carolina
Electric car maker Tesla will occupy a more than 250,000-square-foot distribution facility in Greenville County, SC to support its growth in the Southeast.
International Companies Pick Missouri For First North American Facilities
Slovenia-based TAB and Germany-based Frogfish Surveillance will both establish their first North American facilities in Missouri.
Staghorn To Open Distillery In Previously Dry Kentucky County
Staghorn’s Garrard County Distilling Company is a $250 million investment that will create 60 full-time jobs.
SelectUSA Has Helped Land $200B In FDI Since 2011
More than 200,000 jobs have been created as a result of foreign direct investment since the SelectUSA program's inception 13 years ago.
Stardust Power Picks Oklahoma For Battery-Grade Lithium Refinery
Stardust could be eligible for up to $257M in state, federal economic incentives for the Muskogee facility. Plus, Oklahoma launches its new SITES Ready Program
Solenis, Port Of Virginia Make Progress In State
Solenis plans to build an 80,000-square-foot production facility, packaging facility, and tank farm in Suffolk, Virginia.
20 Industrial Clusters From 10 Countries Commit To Net Zero
Industry leaders from China, France, and the U.S. join World Economic Forum initiative for a decarbonized, more competitive global supply chain.
Costco To Develop Cold, Dry Storage Depot In Port St. Lucie, FL
Costco plans to develop a cold- and dry-storage depot in Port St. Lucie, Florida, bringing upwards of 500 jobs to the area.
Toyota, Tesla, Scout Motors, Amazon Web Services Top 2023 Deals Of The Year
EV industry, data center investments took top honors in Business Facilities’ annual awards, which recognize significant corporate relocation and expansion investments.
$3.1B Invested Along Norfolk Southern’s Rail Network Last Year
In 2023, Norfolk Southern helped 62 industrial development customers generate 4,156 new jobs along its rail network.
Capital Concrete Adds 5th Facility In South Carolina
Capital Concrete Co. will invest $8.25 million to construct a facility in Fairfield County, South Carolina.
Global Trade: 5 Emerging Dynamics Will Shape The Next Decade
The world trade map is being redrawn as global growth slows and regional links deepen, according to a new BCG report.
Vietnamese Electric-Vehicle Manufacturer Enters MOU With India
VinFast, a Vietnamese electric-vehicle manufacturer, has partnered with the Indian state of Tamil Nadu to establish an EV facility in country.
Legrand Builds Distribution, Operations Facility In Dayton, Ohio
Determined to offer faster shipping times to customers nationwide, Legrand built a new distribution and operations facility in Dayton, Ohio.
Business Facilities LiveXchange: You’re Invited!
If your company plans to expand or relocate within the next three years, you're invited to join us at our executive site selection conference – Business Facilities LiveXchange – March 17-19 in Richmond, Virginia.
Cummins Inc. To Bring $580M Investment To North Carolina
Cummins Inc. recently received approval for tax incentives from the Nash County Commissioners for a project in Rocky Mount, North Carolina.
Technology Lab Will Invest $1.8M In Nashville, TN Region
Technology Lab will invest $1.8 million to expand its services in the Greater Nashville, Tennessee, region.
QurAlis Opens EU Headquarters In The Netherlands
QurAlis’ new location in Leiden, The Netherlands will serve as hub for European operations and production of products for clinical trials through commercialization.
New Mexico Awards Job Training Funds To 14 Companies
In 2023, the New Mexico Economic Development Department’s Job Training Incentive Program (JTIP) assisted a total of 44 companies in 11 counties.