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

The fiscal tsunami triggered by the collapse of Wall Street’s investment banking giants is poised to drown an entire county in Alabama. According to a report in Fortune magazine, Jefferson County, AL, which includes the city of Birmingham, is on the verge of filing for Chapter 9 protection in what would be the largest municipal […]


https://businessfacilities.com/2008/10/crimson-tide-swamps-birmingham/
The fiscal tsunami triggered by the collapse of Wall Street’s investment banking giants is poised to drown an entire county in Alabama. According to a report in Fortune magazine, Jefferson County, AL, which includes the city of Birmingham, is on the verge of filing for Chapter 9 protection in what would be the largest municipal […]
01/26/2021
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Economic Development

    Latest: Crimson tide swamps Birmingham - The fiscal tsunami triggered by the collapse of Wall Street’s investment banking giants is poised to drown an entire county in Alabama. According to a report in Fortune magazine, Jefferson County, AL, which includes the city of Birmingham, is on the verge of filing for Chapter 9 protection in what would be the largest municipal […]

    Economic Development

    Crimson tide swamps Birmingham

    The fiscal tsunami triggered by the collapse of Wall Street's investment banking giants is poised to drown an entire county in Alabama. According to a...
    Economic Development

    You’ve got a new partner, Bjorn

    After some brief consultations with their new friend in Moscow, Iceland's leaders hastily announced that oil-rich Russia had agreed to loan the country $5.4 billion, roughly the equivalent of a third of Iceland's GDP.
    Economic Development

    Philadelphia success story

    In June, we took note in this space of Sheriff John Green of Philadelphia's refusal to enforce court-ordered foreclosure auctions in the city. The...
    Economic Development

    Save U.S.

    Here's the understatement of the year for you: The United States is in some pretty deep trouble. As our presidential nominees debate whether or not...
    Economic Development

    Hydrogen-powered road test

    When you turn the ignition key in your car and nothing happens, the first thing most of us do is get out and check...
    Economic Development

    Bridge to nowhere

    In one of our favorite Honeymooners episodes, Ralph Kramden's buddy Ed Norton is bragging about an investment he just made in a new firm...
    Economic Development

    Rebuilding of World Trade Center site is still years away

    Within months of the hideous terrorist attack in 2001 that destroyed the World Trade Center, state and city officials in New York unveiled ambitious...
    Economic Development

    Cali is Growing Smarter by the Mile

    When I was an undergraduate student in Bethlehem, PA, I made a friend from California who told me something I still remember to this...
    Economic Development

    Tapping out an S.O.S.

    When we last left the Federal Deposit Insurance Corp., the Depression-era aqency that backs up our bank accounts was trying to keep a lid...
    Economic Development

    Trump this, Donald

    Does the cube farm in your office have the population density of Shanghai? Do you eat your lunch next to the copy machine because the...
    Economic Development

    The Mom and Pop Shop’s Gritty View of Government

    Small business owners in the United States are overwhelmingly disillusioned and dissatisfied with the federal government, according to a recent press release from American...
    Economic Development

    Biotech, biotech sis boom bah!

    When cheerleaders from Ohio and Pennsylvania start shouting at each other, it's usually because Penn State's Nittany Lions and The Ohio State...
    Economic Development

    Dollar keeps falling, but Tennessee is rising

    A few months ago, we reported in this space that there is a silver lining in the generally depressing story of the plummeting U.S....
    Economic Development

    The three-legged frog that ate Nutley

    For the past 80 years, Nutley, NJ has been a company town. For as long as anyone can remember, the Swiss pharmaceutical giant ...
    Economic Development

    LEED Gets A Makeover! Americans Get Bored?

    Yesterday, I received a press release from the U.S. Green Building Council (USGBC) announcing the new certification bodies for the LEED Green...
    Economic Development

    Spittin’ in the wind

    When we last left Rex Tillerson, chief executive of Exxon Mobil, the $479 billion fossil fuel empire he commands was proudly announcing...
    Economic Development

    Hottest ticket in town

    A rather bizarre sight greeted tax attorney Mark Vulcan when he arrived for work at the Maryland Department of Business and Economic Development (DBED)...
    Economic Development

    Fannie Moe, Larry and Curly

    As panicked depositors lined up in sweltering heat out West to bang on the doors of the shuttered IndyMac banking giant, the...
    Economic Development

    Retail: Open for Business!

    Back in May, Business Facilities ran a special advertising article on the retail industry, which highlighted a couple of U.S. retail hot spots....
    Economic Development

    “Coal” is the New “Casino”

    As I posted in April, Native Americans continue to push past stereotypes that peg their economic development efforts as nothing more than roulette wheels...
    Economic Development

    Selling ice to the Eskimos

    There is a classic scene in the Simpsons movie when Homer and his family—arriving in Alaska to hide out from the EPA after...
    Economic Development

    New Camrys equipped with cable TV, dirty dishes

    Does all the talk about the coming wave of electric cars have you thinking about extension cords? Or, to be more specific, do you...
    Economic Development

    Ahnold terminates the competition at BIO

    About two dozen state economic development programs were showcased at last week's BIO conference in San Diego, but for at least one...
    Economic Development

    Business Aviation Rapidly Expands in the United States

    Today, we open our blog to Mr. Frederick Metz Shepperd of Switzerland-based Quadral Group (www.quadralgroup.com). Frederick is also a member of ...
    Economic Development

    Not the Sheriff of Nottingham

    Until recently, everyone in the current fiscal debacle has been playing their parts in a predictable manner. Top banking execs who presided over multi-billion-dollar losses...
    Economic Development

    The future arrives on 52nd street

    We were standing on Sixth Avenue in the middle of Manhattan the other day, trying to hail a cab. The traffic was...
    Economic Development

    The Importance of Taking the “LEED”

    This summer, Business Facilities is devoting a lot of editorial coverage to businesses going green; our June cover story will look at...
    Economic Development

    Don’t read this before you eat lunch!

    For as long as we can remember, tourists heading for Mexico have been warned: ''Don't drink the water!'' Well, if you're planning to fill...
    Economic Development

    China’s Road-building Investment in Congo

    In developed nations, access to major roadways is taken for granted. We have six-lane dual carriageways, networks of precisely paved arteries ...
    Economic Development

    Emerald City

    They broke ground earlier this year for the headquarters of Masdar City, which according to its sponsors will be ''the world's first...
    Economic Development

    Happy Birthday, Spike

    On May 1, 1931, President Herbert Hoover pressed a button in Washington, D.C. and the lights went on in the Empire State...
    Economic Development

    Recession What?

    These days it's hard to stay up on the news without being subjected to talk of recession this and recession that. Now,...
    Economic Development

    A river runs through it

    The devastation caused by Hurricane Katrina in 2005 started a national conversation about levees. Suddenly, a lot of people who couldn't tell the difference...
    Economic Development

    The Hopeful Hopi Tribe

    Today, an article out of Arizona caught my attention for a couple of reasons. First, I don't often come across economic development news stories...
    Economic Development

    A breath of fresh air from coal country

    Earth Day has everyone thinking "green" this week, so we thought this would be the perfect time to talk about a coal...
    Economic Development

    U.S. Bumper to Bumper Blues

    With the familiar dread of my 5pm drive home on the New Jersey Garden State Parkway hovering, I have decided to ...
    Economic Development

    Brother, can you spare a tank of Exxon Supreme?

    Do you have a tough time deciding whether to order that side of fries with lunch or put those nickels aside in case gas...
    Economic Development

    Will Minnesota’s JOBZ be AXED . . . for good?

    It was about this time last year that I blogged about Minnesota's economic development golden child—JOBZ—which was on the legislative chopping block last year--largely...
    Economic Development

    Beijing drivers carry a torch for Detroit

    The biggest status symbol in China isn't a Mercedes, it's a roomy, six-passenger Buick. That's right, General Motors' venerable sedan is the most sought-after vehicle...
    Economic Development

    Maybe they should put a high-tech door in that big border fence

    With the U.S. economy on life support -- in the form of regular transfusions of cash from the FED -- and jobs disappearing in...
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    Business Facilities & COVID-19

    SAP Labs Canada, Amazon Expanding In Quebec

    Canada
    SAP Labs Canada will open a research and development office in Montreal; Amazon adds five new facilities and 1,000 jobs.

    Civica To Create 186 Jobs With New Virginia Pharmaceutical Facility

    Biotech & Pharma
    Pharmaceutical manufacturer Civica Inc. will build a 120,000-square-foot manufacturing facility in the City of Petersburg, VA.

    Mayors Urge Congress To Pass Biden Plan For Direct Aid To...

    Economic Development
    More than 280 Republican, Democratic, and Independent mayors urge lawmakers to save jobs, boost recovery with desperately needed direct aid to all cities.

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    Site Selection

    Location Spotlight: Spotsylvania County, Virginia

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    HudsonAlpha Institute for Biotechnology – Coronavirus Update

    HudsonAlpha President and Science Director Rick Myers, PhD, gives an update on coronavirus research and support happening on our campus. This update includes work done through our non-profit research labs as well as through the associate companies who reside on the HudsonAlpha campus.

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