Economic Development

Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.



COVID-19

PwC Survey Reveals Expected Business, Economic Impact Of COVID-19

The first in a bi-monthly series shows how CFOs and finance leaders plan to react to COVID-19, and what impacts they expect to see.
CloudOne

CloudOne To Create 320 Jobs In Tennessee

The company will invest $2 million to establish a new call center operation in Nashville, TN.
Sumter Original Brewery

Sumter Original Brewery Establishing Operations In South Carolina

The local craft brewery's $6.5 million investment will create 20 new jobs in Sumter County, SC.
Changzhou National Hi-Tech District

Chinese Hi-Tech District Donates 100,000 Masks To Japan, South Korea

Changzhou National Hi-Tech District recently donated 100,000 masks to Japan and South Korea to help the countries control the COVID-19 pandemic.
Selma, Dallas County, AL

South Korean Auto Supplier Investing $5M In Alabama Expansion

Seoyon E-Hwa Interior Systems will expand its industrial operation in Selma’s Craig Industrial Park, creating 60 jobs in Dallas County.

BF Location Video: Georgia Ports Authority: Celebrating 75 Years

On March 9, 1945 the Georgia Legislature, anticipating the post-World War II economic boom, created the Georgia Ports Authority, with control over the deepwater ports in both Savannah and Brunswick. Today, the Port of Savannah is the fastest-growing and single largest container terminal in the country, accounting for nearly 10% of Georgia’s economy.

BF Location Video: AIDT – The Total Workforce Delivery System

AIDT’s Total Workforce Delivery System has provided thousands of skilled, motivated employees to Alabama industries since 1971. The key to AIDT’s response is a unique infrastructure allowing the total, upfront commitment of our resources to the success of your company.
COVID-19

COVID-19 Survey: Impacts On Global Supply Chains

Nearly 75 percent of companies report supply chain disruptions in some capacity due to COVID-19 transportation restrictions, according to a new survey.
New Orleans, LA Iriapak

Iriapak Investing $7M In New Louisiana Packaging Film Plant 

The Italian company’s first North American manufacturing facility will create 25 new jobs in New Orleans, LA.
West Melbourne, FL

West Melbourne, Florida: Logistics Gem On The Space Coast

West Melbourne, FL offers businesses access to international markets while maintaining its small town friendliness just a few miles from Florida’s beautiful white-sand beaches.
Collegedale, TN

McKee Foods Investing $500M To Expand Tennessee Operation

The snack food and granola maker employs more than 3,000 people in Tennessee, and anticipates creating 480 new jobs in Collegedale over the next 15 years.
Amazon delivery center

Amazon Creating 1,500 Jobs At Two New Hampton Roads, VA Locations

The online retailer will create 1,000 jobs at a new robotics fulfillment center in Suffolk, and 500 at an import processing center in Chesapeake.

Kansas: More Than “Just A Great Place To Run Out Of Gas”

From massively talked about talent initiatives, to major business expansions and attractions, Topeka is turning the corner on economic development.
COVID-19

Sinopec Builds New Factory To Help Combat COVID-19 In 12 Days

To help provide masks needed to battle the COVID-19 outbreak, Sinopec has established its first melt-blown non-woven fabric assembly line at its Yanshan factory in Beijing.
Dublin, Ireland

HubSpot Commits To Creating 450 New Jobs In Ireland

The Massachusetts-based software, services, and support company is creating a new office space dubbed "HubSpot House" in Dublin. 
Borbet Alabama

Borbet Investing $24M In Alabama Expansion

The German automotive industry manufacturer will create 25 news jobs at its Auburn, AL operation. 
Henrico County, VA

Direct Marketing Company Creating 239 New Jobs In Virginia

Moore will invest more than $31 million to establish the Richmond Print Group, a new venture in Henrico County, VA.
Lone Star State

Lone Star Bright: Texas Boasts A Saga Of Success

From accolades and awards to jobs and investments, it looks like Texas is ringing in the new decade as fortunately as it left the last.
Seakeeper

Seakeeper Investing $11M To Move Headquarters To Pennsylvania

The boating parts manufacturer will also expand its Berks County manufacturing operations, creating 97 new jobs.
aerospace industry

The Aerospace Industry: Cruising To A Higher Altitude

Production-related issues and order cancellations slowed the commercial aerospace sector last year, but long-term demand for passenger jets remains robust.
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] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Location Spotlight: Capitalize On Opportunity In Washington, DC

Experience the momentum firsthand as Washington, DC sets new benchmarks in the business world. Whether you're a visionary entrepreneur or an established company, our city offers limitless possibilities for your growth and prosperity.