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

Reports of the death of the retail sector—a fate that was widely assumed to be the outcome of an exponential increase in online purchases of consumer goods—were more than a bit premature.


https://businessfacilities.com/2018/06/retail-industry-focus-alive-kicking/
Reports of the death of the retail sector—a fate that was widely assumed to be the outcome of an exponential increase in online purchases of consumer goods—were more than a bit premature.

Facebooktwittergoogle_plusredditpinterestlinkedintumblrmail

Magazine Highlights

Latest: Retail: Alive and Kicking - Reports of the death of the retail sector—a fate that was widely assumed to be the outcome of an exponential increase in online purchases of consumer goods—were more than a bit premature.

Retail: Alive and Kicking

Reports of the death of the retail sector—a fate that was widely assumed to be the outcome of an exponential increase in online purchases of consumer goods—were more than a bit premature.

New York: Niagara Falls Revitalization Moves Forward

Work has begun on Restore the Gorge, a $2.1-million project that augments Gov. Andrew Cuomo’s $70-million revitalization of Niagara Falls State Park, aimed at strengthening the tourism industry in downtown Niagara Falls.

Data Centers: Aiming For The Leading Edge

The need to be near end-users will drive an uptick in the expansion of smaller satellite markets for data centers, known in the trade as “edge" markets. Foreign investment in the data center sector also will surge.

New Mexico’s Energy Capital

Lea County, which produces more oil than 43 U.S. states, is a leading hub for all types of energy—including a $4-billion facility to process uranium from nuclear reactor fuel.

U.S. Tax Overhaul Makes Biotech Players Hungry For Big Deals

Industry analysts are predicting that 2018 will turn out to be a banner year for merger and acquisition activity in the biotech/pharma sector, with up to $200 billion in assets changing hands.

Advanced Manufacturing: The Cobots Are Coming

Collaborative robots (a.k.a. cobots), designed to work alongside human workers, are the next big thing in advanced manufacturing. More than 150,000 cobots will be in use by 2020, a number expected to exceed 700,000 by 2025.

Snapshots: 60 Seconds with Jason Ford, Greater Houston Partnership

Greater Houston Partnership's VP of Regional Economic Development discusses his city's recovery from Hurricane Harvey, and opportunities for startups, foreign direct investment, and technology.

STEM Leaders

Locations across the country are racing to make sure their higher ed resources are producing stem-skilled graduates. Here are our picks for the top tier of the leaderboard.

Kentucky Governor’s Report: From The Boardroom To The Governor’s Mansion

Gov. Matt Bevin is bringing his CEO skills to the dealmaking table, and the results are spectacular: an annual record of $9.2 billion in capital investment in the Bluegrass State.

Cybersecurity Takes Center Stage

As cyber threats multiply at an exponential rate, an emerging cybersecurity sector tries to keep pace, with government agencies forming close alliances with world-class institutions of higher education.

Top Utilities: Powering Growth

Our Editor’s Choice selections for Top Utilities include the leaders who are upgrading their grids, diversifying their energy sources and doing what it takes to power economic development.

Fiat Chrysler Automobiles To Invest Over $1B In Michigan

FCA will modernize its Warren Truck Assembly to produce Ram Heavy Duty trucks, relocating truck production from Mexico and adding 2,500 new jobs.

Deep South Studios Is Louisiana’s First QEC Project

The Pelican State’s new Qualified Entertainment Company program targets sustainable entertainment jobs for content creators.

Made In California

The Golden State is increasing the benefits for manufacturers that participate in its recently launched CA Made state labeling program.

Ohio: Going Above And Beyond For New Business

The Buckeye State has a robust network of state economic partners who take a customer-focused approach to business, providing support to companies at every step of the process.

Maverick Boat Group Plans Florida Manufacturing Facility

MBG is augmenting its manufacturing in Florida with 277,000 square feet of new production space in Fort Pierce that will be fully operational next summer.

Stamford, Connecticut: Innovating Since 1641

With an excellent quality of life and a robust set of available tax incentives and credits, Stamford, Connecticut leads the pack in commercial and residential development.

A New Frontier For Investment In South Carolina

South Carolina's North Eastern Strategic Alliance region attracted more than $850 million in investments in 2017, projects that will create more than 2,200 new jobs.

Canada: Flood Protection And Development Go Hand In Hand

Toronto’s ambitious Ports Land project is creating infrastructure that can adapt to rising water while opening up new vistas for development.

Snapshots: 60 Seconds With Greg Canfield, Alabama Department of Commerce

Greg Canfield, Secretary, Alabama Department of Commerce discusses landing Toyota-Mazda’s $1.6B investment, workforce development initiatives, foreign direct investment, food processing, and more.

Texas: Gartner Inc. Expands in Irving, Adds 800 New Jobs

A $3.9-million Texas Enterprise Fund grant sealed the deal for a $12-million expansion by the research and advisory firm.

Locations For The Automotive Industry: Light Truck Takeover

While auto sales are expected to decrease in 2018, manufacturers can still bank on the larger market share of SUVs and CUVs to help keep the industry afloat.

Food Processing: A Nudge in the Right Direction

Transparency has topped the Foodprocessing.com list of suggestions that leading food processors need to embrace to remain competitive in a more sophisticated market.

Arkansas Governor’s Report: Now On The Radar For New Business

The Pro-business climate in Arkansas is yielding a bounty of new jobs. Gov. Asa Hutchinson is busy laying the foundation for robust, sustainable long-term growth.

2017 Economic Development Deal of the Year Honorable Mention Awards

This year’s competition was chock full of big-ticket projects and locations that pulled out all the stops to land them, so our judges convinced us that 10 of them deserved Honorable Mention Awards.

2017 Economic Development Deal of the Year: Bronze Award

A partnership between Saudi Arabian Basic Industries and Exxon chooses Corpus Christi, TX for a new $10-billion ethane cracker.

2017 Economic Development Deal of the Year: Silver Award

Next-generation technology services to support digital transformations will be provided at DXC’s new center in the Central Business District of New Orleans.

2017 Economic Development Deal of the Year: Gold Award

Wisconsin lands a foreign direct investment bonanza that promises to create 13,000 new jobs over the next five years at a new 20-million-square-foot LCD panel plant.

2017 State Of The Year: South Carolina

The Palmetto State’s manufacturing base gets stronger while South Carolina invokes its can-do spirit and leverages impressive resources to expand a diverse set of new growth sectors.

South Carolina: York County Leads In Job Growth

In 1Q 2017, York County, SC had the highest percentage increase of employment among the 346 largest counties in the U.S.

Texas: Prosperity & Proximity

Businesses are flocking on the grand parkway in Texas to Tomball, home to a thriving 100-acre business and technology park.

Mississippi: A Winning Recipe

Mississippi has all the right ingredients when it comes to stimulating corporate growth and success.

A Blueprint For Success In Rural Colorado

At least 17 communities across Colorado will be involved in initiatives that include branding, coworking, film production, outdoor recreation and tourism promotion.

Iowa: Moving To The Top Of The Class

Iowa is aiming to add 120,000 residents with post­secondary degrees to its workforce by 2025.

Featured Location Spotlight

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.

Featured Location Videos

“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!