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The below-the-belt punch delivered last night to the solar plexus of the city of Cleveland by its wayward native son (by way of Akron), LeBron James, soon may be magnified by an equally devastating blow to the city’s pocketbook. The emotional toll of LeBron’s nationally televised announcement that he is “taking his talents” and moving […]


https://businessfacilities.com/2010/07/the-chosen-one-chooses/
The below-the-belt punch delivered last night to the solar plexus of the city of Cleveland by its wayward native son (by way of Akron), LeBron James, soon may be magnified by an equally devastating blow to the city’s pocketbook. The emotional toll of LeBron’s nationally televised announcement that he is “taking his talents” and moving […]

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Latest: The Chosen One Chooses - The below-the-belt punch delivered last night to the solar plexus of the city of Cleveland by its wayward native son (by way of Akron), LeBron James, soon may be magnified by an equally devastating blow to the city’s pocketbook. The emotional toll of LeBron’s nationally televised announcement that he is “taking his talents” and moving […]

The Chosen One Chooses

The below-the-belt punch delivered last night to the solar plexus of the city of Cleveland by its wayward native son (by way of...

Pennsylvania Boosts Alt Energy Spending

Pennsylvania is expanding its commitment to advancing clean, solar energy with the investment of $18 million in 37 projects in 16 counties. “These new projects...

Technology Expands in Noblesville, IN

Governor Mitch Daniels joined executives from technology services firm, Miller Consulting Group, to announce the company will expand its operations in Noblesville, IN creating...

Canadian Chip Maker Plans HQ in Indiana

Saratoga Potato Chips, with international headquarters in Brampton, Ontario, is investing $4.9 million to establish a U.S. headquarters in Allen County, IN. The facility...

Battle Over Film Tax Credits Intensifies

The national battle among states to lure entertainment industry dollars has intensified this month, with several states upping the ante in film production tax...

Joint Venture Brings Electric Car Manufacturing to SC

CT&T, a Korean-based world leader in manufacturing electric vehicles, is forming a joint venture with 2AM Group of Spartanburg, SC to build electric cars...

Return to Sender

The U.S. Postal Service was at it again this week, banging its tin cup and trying to buy more time to reinvent a dying...

200 Jobs In Limbo For Montrose, CO

The state, Montrose County, the Montrose Economic Development Corp. and the city of Montrose are prepared to offer a package of incentives ...

OK Outlets Projected to Bring 1700 Jobs

Oklahoma City Council Members today approved amendments to a 2008 joint agreement between developer Horizon Group Properties LP (HGP), the Oklahoma City...

Baltimore Company Receives $16 Million

Caves Valley Partners has been selected to receive up to $16 million in tax-exempt federal aid to rehab the Investment Building in downtown...

IA Grant Will Save Over 200 Jobs

The U.S. Department of Commerce’s Economic Development Administration has awarded a $1.5 million grant to the Ottumwa Regional Airport in Iowa. The funds...

TN Renewable Energy Program Re-Opens

The Tennessee Valley Authority is re-opening the Generations Partners program. Distributors, such as Nashville Electric Service, had been among those shocked when...

Electric Boat Buys Pfizer Site in CT

The site of the former Pfizer World Research Headquarters in New London, CT is being purchased by General Dynamics’ Electric Boat (EB) unit. The...

Memphis Launches Ultra High-Speed Research Link

The Memphis Coalition for Advanced Networkingrn(MCAN) inaugurated its ultra high speed fiber-optic communications network thisrnweek with an event at the University of Memphis FedEx...

Whirlpool Closing Evansville, IN Plant

Whirlpool is shutting its Evansville, IN refrigerator plant at the end of this week, eliminating 1,100 jobs at a factory that has been...

You Are What You Eat

It's a problem familiar to Hollywood screenwriters and film directors: an idea that seemed like a sure thing during an artistic late-night brainstorming session...

Foundations Grant $5 Million to NE Ohio

A group of regional foundations and philanthropists voted this week to award more than $5 million in grants to promote economic development ...

Toyota to Open $1.3B Mississippi Plant

In a sign of confidence that the economic recovery has staying power, Toyota is announcing that it will complete construction of its ...

S. Dakota Leads U.S. in Conversion to Ethanol Pumps

A $1 million grant program will put South Dakota in a leadership position pack nationwide in the availability of ethanol blender pumps...

Samsung Invests $3.6 Billion in Texas Plant Expansion

Samsung Austin Semiconductor LLC has announced plans to expand the capacity of its 12-inch semiconductor fabrication plant in Austin with a $3.6 billion investment. The...

Tax Credit Saves Nearly 300 Jobs in Iowa

Iowa saved nearly 300 John Deere jobs in Waterloo last week when it granted state tax credits for a massive company reinvestment in its...

$8 Billion in Federal Stimulus Funds Invested in Rail Network

The Obama administration has invested $8 billion in federal stimulus money to create 13 high-speed rail corridors. According to the U.S. Conference of Mayors,...

New Plant Coming to Commerce City, CO

Cummins Rocky Mountain has announced plans to build a new diesel engine remanufacturing plant in Commerce City, Colorado creating 70 new jobs for the...

St. Johnsonville, NY Needs a Grant

The village of St. Johnsville, in conjunction with the Montgomery County Business Development Center, will apply for a $450,000 Community Development Block...

Stimulus Bonds for Genesee County, MI May Go Unclaimed

Officials in Genesee County, Mi say they have not received any applications for more than $60 million in available federal stimulus bonds. The deadline...

Eberspaecher to Open BMW Parts Plant

Eberspaecher North America plans to open a new automotive facility in Greenville County, SC with an investment of $5 million and the initial creation...

Nobody’s Perfect

“A man’s errors are his portals of discovery.” – James Joyce   Let’s face it, the past two years have been brutal for the denizens of...

NJ to Business: Choose New Jersey

New Jersey has launched a privately funded nonprofit to market the state. The $2 million effort, called Choose New Jersey, has recruited 15 local...

Topura America Fastener Expands in Bowling Green, KY

Gov. Steve Beshear today joined company and community leaders in Bowling Green to announce the expansion of Topura America Fastener.  A manufacturer of automotive...

Offshore Drilling Halt Could Slash Jobs

President Obama’s announcement last week indefinitely suspending work at 33 deepwater drilling platforms in the Gulf of Mexico has state officials in the Gulf...

Illinois BIO Gets OK for Start-up Incentives

The Illinois General Assembly has passed—with overwhelming bipartisan support—an Angel Tax Credit that incentivizes early-stage investment in Illinois technology companies. The governor is expected...

United We Stand

  A small news item caught our eye the other day, and we hope it is a sign of the times. This is what it...

Life Sciences Firm Relocating to Jersey City

Intrasphere Technologies, which provides consulting services to the life sciences industry, plans to relocate its offices to Jersey City, NJ next month, the Star-Ledger...

NY/NJ Expect Big Payday from Big Game

It took four ballots—reducing the needed margin from two-thirds to a simple majority—but an historic joint bid by New York and New Jersey was...

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Location Spotlight: Hoosier Energy

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“We Build It Better.” | Virginia’s Industrial Advancement Alliance

In a thriving region with industry-leading credentialing programs, a world-class engineering institute, Class A rail line, superior interstate access, and prospering internationally recognized companies like ABB, General Dynamics, and Mohawk Industries, we simply build it better!