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


https://businessfacilities.com/2016/05/snapshots-60-seconds-with-dennis-davin-secretary-pennsylvania-dept-of-community-economic-development/
Pennsylvania's Davin provides a rundown of the state's economic development initiatives, plus a look at NYC's new World Trade Center Transportation Hub.

SNAPSHOTS: 60 Seconds… with Dennis Davin, Secretary, PA DCED

SNAPSHOTS: 60 Seconds… with Dennis Davin, Secretary, PA DCED

Pennsylvania's Davin provides a rundown of the state's economic development initiatives, plus a look at NYC's new World Trade Center Transportation Hub.

State Focus: New York – Accelerating Biotech Innovation In The Empire State

A $2.8-million investment from Innovate NY—matched by $21.5 million in private equity—is spurring the development of a biotech cluster in New York City.

Industry Focus: Aerospace Sector Is Flying High Again

After losing altitude for the past five years as defense cuts eliminated 185,000 jobs, the U.S. aerospace industry is growing in 2016.

Advanced Manufacturing Industry: Dynamic Advancements

Advanced manufacturing has come a long way, revolutionizing the processes used to build new products and introducing a bevy of innovative technologies, with a heavy emphasis on automation.

Texas: Tri-Agency Workforce Initiative Aims To Meet 21st Century Job Needs

Regional workforce and educational conclaves will make recommendations to ensure the Lone Star State is ready for new and expanding businesses.

Cover Story: Global Biotech Report

The global life sciences industry has adopted an attitude of cautious optimism, expecting reliable growth that will fall short of pre-recession investment surges.

Feature Story: 2016 Economic Development Awards

With so many locations embracing cutting-edge technologies and innovative development strategies, it was hard to pare down the worthy nominees for our economic development awards festival. Here are the folks who made the cut, the best of the best in the applications of smart practices for sustainable growth.

State Focus – Utah: Consistently Excellent

When it comes to business, rolling the dice on an unpredictable location can be disastrous for the bottom line. If you’re looking for consistent excellence, Utah is a sure bet.

State Focus – Kansas: The Sunflower State Is Blooming and Booming

Known as the Sunflower State, Kansas boasts a highly skilled workforce, outstanding infrastructure, low operating costs and a location in the heart of America.

Automotive Industry Focus: Hitting On All Cylinders

The U.S. auto industry recorded its best year ever in 2015, selling 17.5 million cars and light trucks in the U.S., nearly $570 billion in revenue and a 5.7 percent increase over last year.

Savannah Notches Record Cargo Volume

Georgia’s largest port moved nearly 4 million containers in 2015, an increase of 11.7 percent over the previous year.

Heroic Efforts In California

Under California’s Renovate America program, the state partners with locations to finance new energy-efficiency projects, creating new jobs in the golden state.

Axiall, Lotte Invest $3 Billion in Louisiana Chemical Plants

A joint venture will build a new $1.9-billion ethane cracker and a $1.1-billion glycol plant on a Lake Charles site in Calcasieu Parish.

IEDA Funding, Tax Breaks Spur Job Creation in Iowa

Financial assistance and incentives are approved for four companies that will invest $254 million and create 241 new jobs.

Food Processing: Generating Growth for Good Eats

The recent consolidation of food industry giants via mega-mergers is not slowing the exponential growth of major food processing hubs.

Florida: A Million Miles For A Million Jobs In The Sunshine State

On a statewide bus tour, Gov. Rick Scott hails Florida’s success creating new jobs, calling for $1 billion in tax cuts and the creation of a $250-million Florida Enterprise Fund.

SnapShots: 60 Seconds With Don Pierson, Secretary, Louisiana Economic Development

Louisiana is strengthening initiatives to help existing employers grow through its LED Business Expansion & Retention Group, while stepping up efforts to site emerging business opportunities from key investors in the Americas and across the globe.

Seven Projects Land Deal of the Year Honorable Mentions

Business Facilities 2015 Economic Development Deal of the Year contest attracted a record number of project submissions from across the country, seven of which were singled out for a tip of the hat by our judges.

Louisiana Economic Development Wins Deal of the Year: Bronze Award

The Bronze Award winner in BF’s 2015 Economic Development Deal of the Year competition will generate an estimated $17.7 billion in economic impact for the region over the next 10 years.

Deal of the Year: Silver Award Goes To South Carolina Department of Commerce

The Palmetto State, long-time home of BMW’s production hub, moves into the top tier of automotive manufacturing states by snaring Volvo’s first U.S. plant.

Economic Development Deal of the Year: Gold Award

Greater Houston Partnership snares a coveted 4.1-million-square-foot campus with a unique proposal utilizing an online site-selection app and intense data crunching.

Business Facilities’ 2015 State of the Year: Alabama

The Crimson Tide is rolling, big time, and now it’s brought in our top honor: Alabama is BF’s 2015 State of the Year.

State Focus – Indiana: Regional Plans Are Hopping In The Hoosier State

Gov. Mike Pence’s Regional Cities Initiative, enacted this year, envisions more than 400 projects drawing nearly $4 billion in investments.

State Focus – Iowa: Growing Jobs As Well As Corn

While often stereotyped as an ag state, Iowa has created a business friendly environment that makes it globally competitive in a diverse and growing number of industry sectors.

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