Economic Development

Rapid growth and expanding boundaries propel location searches for companies in the life sciences industry at the forefront.

With a growing need for transparency and sustainability, supply chain leaders are increasing investments in technology and innovation.

Global IT management software firm Kaseya will invest more than $16 million in South Florida over the next three years.

Increasingly, sustainability and energy concerns occupy a place on the list of leading site selection factors.

The global leader in cloud software for life sciences will grow its Kansas City region operations and add more than 100 jobs over the next five years.

Business Facilities' March / April 2023 issue takes a look at the impact of sustainability on site decisions. Plus, life sciences, Opportunity Zones, and a report from Utah Governor Spencer Cox.

The transformer repair and service facility by Sunbelt Solomon will bring the state of Alabama $5 million and 50 jobs.

Dura Supreme Cabinetry will expand and create over 200 jobs in Statesville; Tex-Tech Industries will add 49 new jobs in Winston-Salem.

The Phoenix facility will be the fourth Arcadia location that will open in 2023, in support of the company's national cold storage platform.

Business Facilities 1st Annual EDO Awards will recognize economic development organizations (EDOs) leading the way when it comes to attracting and retaining companies to their regions.

Automaker Honda’s electric vehicle (EV) production plans will impact facilities in Ohio, Indiana, Georgia, and Alabama.

Zollner Elektronik is set to expand through multi-location investment while creating 100 jobs in Virginia.

Local workforce, partnerships drive ongoing growth at CGI's Acadiana location. Entergy asks to add up to three gigawatts of solar energy in what would be largest renewable power expansion in state history.   

Business leaders still have grave concerns about U.S. economy for 2023, but are more optimistic about revenue and profit expectations, other key indicators, finds AICPA & CIMA survey.

A new report from The Conference Board explores the 5 most important motivations of Gen Z, expected to represent nearly a third of the workforce by 2025.

South Carolina welcomes Tin Thanh Group Americas, Hounen Solar, and Mattress Warehouse and over $100 million in capital investment.

Investments in equipment, facility upgrades, and other improvements at GE’s aerospace and energy businesses will take place across eight states, create 1,700 jobs.

Volkswagen is scheduled to build its first overseas electric vehicle battery manufacturing plant in Ontario, Canada.

Other companies with projects in Virginia include PRINCO LLC, also in Norfolk, SanMar in Hanover County, and STS Group in Salem. In total, these expansions will create more than 1,400 jobs.

Some of the most well-known international companies have built upon their long legacies of success by locating in Mississippi.