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.



Toledo

TPAM Opens New $4M Ohio Facility

The Japanese company moved into an existing 62,000-square-foot facility in Toledo, OH, where it will create at least 30 new jobs.
tax increment financing

Does TIF Need Retooling?

New research shows that tax increment financing (TIF) produces uneven results for economic development and needs reform.
Goodyear Arizona

Andersen Investing $105M In Arizona

The window and door maker will build a new manufacturing campus in Goodyear, AZ, creating 415 jobs over five years.
Henderson, Nevada

Nevada: Where Innovation Meets Logistics

Whether it’s testing unmanned aerial systems overhead or moving freight on the ground, Henderson, NV is ready to meet your 21st century business needs.
South Carolina State of the Year Award

South Carolina Governor Presented With 2017 State Of The Year Award

The Palmetto State earned Business Facilities' annual award by doubling down on its solid manufacturing base while diversifying into new growth sectors.
Blacksburg, SC

Green Tech Solution Investing $75M In South Carolina

The new recycling plant will create approximately 200 jobs in Cherokee County, SC. 
Covington, GA

Nisshinbo Automotive Manufacturing Investing $72M In Georgia

The manufacturer of environmentally friendly brake pads will create 100 jobs with its Covington, GA facility expansion.
Tampa Florida

WebstaurantStore Creating 300 Jobs In Florida

The ecommerce restaurant supply company will invest $1 million to expand in Tampa, and plans to create more than 300 new jobs.
Davidson County, TN

Corsair Distillery Investing $11M In Tennessee

The distillery expansion will create 52 new jobs in Davidson County, TN.
Greensboro Guilford County North Carolina

Publix To Build $300M Distribution Center In North Carolina

The supermarket company will create up to 1,000 new jobs at its new refrigerated distribution center in Greensboro, NC.
Mobile Aeroplex

Continental Motors Investing $75 Million In Alabama Factory

The company's “Blue Marlin” project will transform its aircraft-engine manufacturing operations at the Mobile Aeroplex into an advanced manufacturing facility.
Rensselaer, Indiana

Premier BioSource Investing $7.5M In New Farming Operation

The California-based agbiosciences company will establish a new swine farm in Rensselaer, IN.
Manassas

Virginia Lands Its Largest Capital Investment Project In Modern History

Micron Technology will invest approximately $3 billion and create 1,100 new jobs with its expansion in the City of Manassas, VA.
Sandy Springs Georgia

Inspire Brands Creating Over 1,100 Jobs With New Georgia HQ

Over the next six years, the multi-brand restaurant company will invest approximately $32 million in its new Sandy Springs, GA headquarters.
Netherlands

HealthLink Expands Warehouses In The Netherlands, Tennessee

The company will significantly increase its warehouse capacity in Waalwijk, the Netherlands and Memphis, TN.
Spring Hill

Faurecia Interior Systems Investing $30M In Tennessee

The automotive components manufacturer will create 143 new jobs at its new 145,000-square-foot facility in Spring Hill, TN.
Kansas City

CVS Health Opens Retail Distribution Center In Missouri

The new facility in the Skyport Industrial Park will create more than 360 new jobs across the Kansas City, MO region.
New England region

New England’s Regional Defense Industry Collaboration

The new organization, funded with a $1.5-million grant from the department of defense, will coordinate the growth of defense-related business across the six-state region.
AGC Biologics Copenhagen Denmark

AGC Biologics Expands In Denmark

The strategic expansion of the Copenhagen facility will meet increasing global demand for biopharmaceutical development and manufacturing.
Florida skilled workforce

Florida The Friendly

Florida has a skilled workforce ready to fill 21st century jobs. The state produces more than 28,000 STEM-oriented graduates each year and more than 100,000 Floridians work in the aerospace sector.
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] Get More for Your Business in Ardmore. Oklahoma

The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.

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.