Daily News

Business Facilities Magazine – The leading source of intelligence for corporate site selection, expansion, relocation & area economic development solutions.



Agile Cold Storage To Build $45.9M Facility In Pearl River, LA

Agile Cold Storage will invest $45.9 million into a new facility in St. Tammany Parish, Louisiana, according to Louisiana Economic Development.
Inflation Reduction Act, Secretary of the Treasury Janet L. Yellen

Treasury Secretary: IRA Led To $650B In Clean Energy Investment

Secretary of the Treasury Janet L. Yellen visits Kentucky on third anniversary of the American Rescue Plan, highlights Inflation Reduction Act's impact on clean energy investments.
Blink Charging

Blink Charging To Relocate Headquarters To Maryland

Blink Charging Co., a provider of EV charging equipment, will soon relocate its global headquarters to Prince George’s County, Maryland.
Swagelock Solon, Ohio

Swagelok Company Expanding Solon, OH Campus

The global developer of fluid system solutions plans to build a 200,000-square-foot distribution center on its Solon campus.

DCC Metal Recycling Adds $11M Investment to South Carolina

DCC Metal Recycling will invest $11 million to add its seventh operation in South Carolina. The operation will bring 78 jobs to the state.
Southern Roots Alabama

Pecan Processor To Create 120 Jobs In Alabama

Southern Roots Nut Co. will invest over $16M to open a pecan processing facility in Dothan. Meanwhile, $30M in grants will support development of industry-ready sites under Alabama's new SEEDS program.
Fortinet

Fortinet To Invest $30M In Downtown Alberta

Fortinet, a U.S.-based global cybersecurity leader, plans to invest $30 million in the Alberta, Canada, technology sector.
Hackensack Meridian Health, Health And Wellness Center, New Jersey Transit, Metropark Station

First U.S. Healthcare Center At Major Travel Hub Takes Off In NJ

The $200M Hackensack Meridian Health project will bring comprehensive, easily accessible healthcare to New Jersey Transit's Metropark Station.
INTOCAST

INTOCAST Breaks Into U.S. With Tennessee Facility

INTOCAST will establish its first U.S. operations in Tennessee, according to the Tennessee Department of Economic and Community Development.
renewable energy

BF Editors’ Blog: 4 Ways To Celebrate Renewable Energy Day

National Renewable Energy Day is March 21. Business Facilities looks at ways site selectors can help continue that its worldwide momentum.
South Carolina state flag

SC Produce Company Invests $26.2M In Palmetto State

A full-service fresh produce supplier will invest $26.2 million to improve its facility in Richland County, South Carolina.
Samtec

Samtec To Expand Costa Rica Plant, Add 250 Employees

Samtec, headquartered in Indiana, will invest $13 million in the Central American country, with $8 million dedicated to growing its plant.

Modine To Invest $18.1M To Expand Rockbridge County, VA Site

Modine, a thermal management solutions company plans, to invest $18.1 million to expand its operation in Rockbridge County, VA.
Unilever Jefferson City

Unilever, Americold Invest More Than $207M To Grow In Missouri

Unilever will invest over $80M to expand its Jefferson City facility for production of Liquid I.V. Americold will invest $127M to establish its first facility in Kansas City.
Schaeffler Ohio

Schaeffler Plans New EV Manufacturing Facility In Dover, Ohio

The Germany-based company's $230M investment in facilities at Dover and Wooster will create a total of 650 EV industry jobs in Ohio by 2032
Rock Tech Lithium Refinery, Red Rock, Ontario, Canada

Rock Tech Picks Red Rock For Ontario’s First Lithium Refinery

Following an extensive location selection process, Rock Tech has selected the former Norampac Paper Mill site in Red Rock as the location for Ontario's first lithium refinery.
UBE Louisiana

UBE Plans $500M EV Battery Ingredient Plant In Louisiana

The Japanese chemical company's first U.S. manufacturing facility will be located at Cornerstone Energy Park in Jefferson Parish.
North Carolina

Japan-Based Companies Make Moves In North Carolina

Two Japan-based companies are establishing a presence in North Carolina, building on the country's investments in the Tar Heel State.
Indiana Growth

Indiana: Bold Moves For Bold Growth

Statewide initiatives continue momentum toward growing and diversifying the Hoosier State economy.
Michigan

Future Mobility, Sustainability Projects To Bring More Than 1,360 Jobs To Michigan

Corning will invest $900M in Saginaw County manufacturing facility; EV maker Lucid Motors’ new R&D facility will bring over 250 jobs to Southeast Michigan.
tax credits

Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA

Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year

2023 Deals Of The Year

Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
Texas 2023 State of the Year

2023 State Of The Year: Opportunity Awaits In Texas

A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.

[VIDEO] Get More for Your Business in Ardmore. Oklahoma

The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.

Location Spotlight: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.