Magazine Highlights | Business Facilities - Area Economic Development, Site Selection & Workforce Solutions

The five-year investment will expand Cree’s silicon carbide capacity with a fabrication facility and a materials “mega factory.”


https://businessfacilities.com/2019/07/cree-investing-1-billion-durham-north-carolina-2/
The five-year investment will expand Cree’s silicon carbide capacity with a fabrication facility and a materials “mega factory.”

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Magazine Highlights

Latest: Cree Investing $1 Billion In North Carolina - The five-year investment will expand Cree’s silicon carbide capacity with a fabrication facility and a materials “mega factory.”

Cree Investing $1 Billion In North Carolina

The five-year investment will expand Cree’s silicon carbide capacity with a fabrication facility and a materials “mega factory.”

Arkansas: Job Creation Is Blossoming In The Natural State

April was a banner month for economic development in Arkansas, with a haul of more than $200 million in investment and more than 900 new jobs.

Snapshots: 60 Seconds With James Chavez, South Carolina Power Team

James Chavez, President and Chief Executive Officer, South Carolina Power Team, discusses recent economic development successes, the Site Readiness Fund, workforce development and foreign investment.

Maryland: Expanding Opportunity For An Expanding Workforce

Maryland has dedicated $56.5 million to attract new businesses to its Opportunity zones. MD also has extended a 10-year tax credit for jobs created in the zones.

Delaware: Where The World Chooses To Do Business

The Port of Wilmington is being transformed into the largest logistics hub on the Delaware River with a $600-million investment from Gulftainer in upgrades, including a new TEU terminal.

Bioscience: A Cash Crop In Iowa

Iowa has always been an agricultural powerhouse, so it’s no surprise the Cornhusker State is a leader in bioscience with 1,266 firms in the sector, from startups to global leaders in R&D.

Setting The Bar High In Nevada

A new bill, passed unanimously across party lines, updates and reforms Nevada’s RPS so that, by 2030, 50 percent of its electricity will come from clean, renewable energy.

Sizing Up Sites In Rural Tennessee

Henderson, Johnson, McNairy, Scott and Sequatchie counties are participating in a state program that will improve their inventory of available industrial sites.

Logistics & Distribution: Delivering The Goods In A Real-Time Economy

Efficiency, optimization and speed have always been top priorities in logistics and transportation. Today, as digital transformations are ushering in the next revolution of industry, known as Industry 4.0, these priorities are even more crucial.

Sturgeon County, Alberta, Canada: Start. Grow. Thrive.

Access, partnership, collaboration and connection in the Edmonton Metropolitan Region

Editor’s Picks: Sweet Spots For High Tech

The leading high tech hubs have developed a startup ecosystem that nurtures entrepreneurs and plants the seeds for sustainable growth from innovators who bring scaleable products to life.

Cybersecurity: Catching Up With The Bad Guys

Millions of skilled cybersecurity professionals are needed on the front lines of the global battle with cybercriminals who are causing trillions of dollars worth of damage annually.

Governor’s Report: Leading By Example In Louisiana

Under Gov. John Bel Edwards, Louisiana has become a national leader in cyber security and a global leader in water management and coastal restoration.

Global Investment: Destinations Of Choice

Attracting foreign direct investment has become a top priority for economic development organizations seeking to leverage the status of the U.S. as the top global destination for FDI.

Hoosiers Are Poised For Hardwoods Industry Growth

The state has unveiled its new Indiana Hardwood strategy, aimed at attracting new hardwood processing facilities to the Hoosier State and expanding existing mills.

Islip, NY: Long Island’s Corridor Of Growth

Islip has a bustling airport, a busy foreign trade zone next door and an attractive location in the middle of Long Island’s largest industrial corridor.

Texas: Business & Technology Park Expands In Tomball

Hoelscher Weatherstrip Manufacturing Co. is constructing a 193,000-square-foot facility at the 99.5-acre Tomball Business & Technology Park, creating 119 new jobs.

New Mexico: Development As A Recreational Activity

New Mexico is moving to create a new Division of Outdoor Recreation, a unit the governor says will boost economic development.

Sierra Vista, AZ: Where History, Education And Nature Converge

A tech-ready workforce and leading-edge education are shaping Sierra Vista, AZ.

The Commonwealth Of Virginia: A Location of Choice

Home to the nation’s largest data center market, its third-largest port, the third-highest concentration of tech workers and the HQ of 37 Fortune 1000 companies, Virginia offers diverse opportunities for success.

Fairmont, Minnesota: Growing Side By Side

Agribusiness, manufacturing and distribution are thriving shoulder-to-shoulder in Fairmont, a rural gem in south central Minnesota.

Retail Rush: Goodyear, Arizona

One of the fastest-growing cities in the U.S., nestled in the West Valley of the Greater Phoenix region, Goodyear, AZ is in the midst of a retail boom that continues to grow.

Data Centers: 5-G Day

The introduction of 5G small cell technology means changes in data center infrastructure as well as significant increases in their processing speeds and volumes.

STEM Leaders: Moving To The Head Of The Class

The battle for America’s future as a global technology leader is being waged in locations that have initiated innovative programs to increase the number of graduates with STEM skills.

U.S. Manufacturing: All The Way Back

The U.S. manufacturing sector finally has regained the output levels lost during the Great Recession. But an exceptionally tight labor market might put a damper on the celebration.

Biotech: Finding The DNA For Growth

Life-changing biotech breakthroughs are poised to move out of the labs and into the marketplace, as the emerging science of genomics uses DNA to customize medicine.

Snapshots: 60 Seconds With Jose Lozano, Choose New Jersey

Jose Lozano, President and Chief Executive Officer, Choose New Jersey, Inc., discusses the state's workforce development plans, plus efforts to encourage its innovation ecosystem.

Green Development & Sustainability: Letting The Sunshine In

As states are racing to be among the leaders powered 100-percent by renewable energy, industrial giants like Samsung are pledging to join them in adopting this gold standard for sustainability at their manufacturing plants.

The World’s Best Are Making Their Move — To New Brunswick

The Canadian province offers an exceptionally low cost of doing business and all of the essentials required by the world’s most successful companies to reach a global market.

Workforce Training & Talent Acquisition

Today’s workforce training and talent acquisition is a multi-faceted effort that brings targeted skills to students, and new workers to locations they’ll be happy to live in.

St. James Parish Gets $2.2-Billion Methanol Complex

Formal construction will begin this year at a 1,500-acre Mississippi River site, which will become home to one of the world’s largest methanol production facilities.

Snapshots: 60 Seconds With Eloisa Klementich, Invest Atlanta

Eloisa Klementich, CEO, Invest Atlanta, discusses the factors that are making the city a thriving high-tech hub.

Food Processing: Digital Transformation Is On The Menu

Food manufacturers are picking up the pace in adapting to the emerging industrial Internet of Things, with nearly a third of facilities in the sector now utilizing wireless networks.

The Woodlands, TX: A Thriving Hub For Corporate Headquarters

Located just 27 miles north of Houston, The Woodlands Area includes The Woodlands and the cities of Oak Ridge North and Shenandoah.

Commercial Hotspots Thrive In Cape Coral

The city with the second largest land mass—and one of the fastest growing populations—in Florida offers plenty of opportunities for commercial development.

California Dreamin’

A network of leaders came together at the California Economic Summit to help make sure that opportunity and a sustainable environment are watchwords for growth in the Golden State.

Indiana: Harvesting High-Tech Jobs In The Hoosier State

Indiana rang in 2019 with a burst of project activity. The Hoosier state hopes to keep the momentum going in all of its diverse growth sectors.

Kansas: Broadband For All In The Sunflower State

A new State Office of Broadband Development in Kansas is working to make sure rural parts of the state can get the same high-speed service as urban centers.

Utah: This Is Business Elevated

With a sterling reputation for fiscal stability and a budget surplus, the Beehive State is ready to add new chapters to its economic development success story.

Arkansas: Creating Competitive Communities

A new Competitive Communities Initiative in Arkansas aims to make locations across the state even more attractive for new and expanding businesses.

Featured Location Spotlight

Location Spotlight: Cape Coral – A Strategic Location

Ranked among the best places to live and do business, and located in the tax-friendly state of Florida, Cape Coral is a top contender for corporate relocations and business expansions for companies worldwide.

Featured Location Videos

Valdosta-Lowndes County, Georgia: The Perfect Place

Valdosta-Lowndes County, Georgia is a vibrant and premier location for business development opportunities. Located midway between Atlanta and Orlando in the heart of South Georgia, Valdosta-Lowndes County is strategically positioned for businesses to access and serve the global economy.