Economic Development Archives - Page 227 of 231 - Business Facilities Magazine

Performance Energy Services LLC plans to hire 350 people in the next five years with a $26-million expansion of its Port of Terrebonne.
Performance Energy Services LLC plans to hire 350 people in the next five years with a $26-million expansion of its Port of Terrebonne.


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.

$26-million Port Expansion in Louisiana

Performance Energy Services LLC plans to hire 350 people in the next five years with a $26-million expansion of its Port of Terrebonne.

Sitting in clover

Ever since Patrick chased the snakes out of Ireland and became St. Patrick, March 17 has been a good day to look for miracles. Well,...

Milwaukee Awards $2.25-million Loan

An investors group organized by Lighthouse Development Co. will get a $2.25-million bridge loan from Milwaukee Economic Development Corporation.

Commerce begins awarding $150 million in economic development stimulus grants

The government says applicants who can spend the job-creation funds within the next three months will be given preference.

Delaware Takes a Risk, Announces Shift

With former Gov. Ruth Ann Minner no longer in office, Delaware is shifting its economic focus, due to an unemployment rate at a 25-year high and an estimated $431-million budget shortfall.

Colossus of roads

General Motors is collapsing under its own weight.

Private hands, public money

The U.S. Treasury Department, Federal Reserve, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, and Office of Thrift Supervision issued an...

FL Gov. Crist Announces Budget

Gov. Charlie Crist on Friday outlined his proposed $66.5 billion budget, which includes $4.7 billion in federal stimulus dollars. His recommendations include investments in education,...

Oregon: A Wind Winner

Western Community Energy (WCE), a community-based wind energy developer, is already expanding its headquarters in Bend, Ore., after choosing to relocate to the state...

World’s largest cellulosic ethanol facility to be built in Florida

Highlands County, FL, soon will be home to the world’s largest facility to make biofuels from inedible plants, including grasses, according to an announcement...

Maryland Expands International Reach

As many as 150 jobs are expected to be created in Maryland in the next few years by foreign companies that set up operations...

It’s raining Benjamins

Thanks to Uncle Sam, a 90-year-old in the hills of West Virginia soon will be able to use a new broadband connection to apply...

Loose Change

We knew it was a bad sign when Robert Rubin was standing behind Barack Obama when Obama introduced his team of economic wise men...

Hall of shame

A few weeks ago, they packed up the famous monuments at old Yankee Stadium, loaded them into a large truck, and moved them to...

Michigan Making Movies

Governor Jennifer M. Granholm announced on Tuesday Michigan’s aggressive film production attraction efforts will create 5,993 new jobs in Michigan, including 4,066 new film,...

Munich Airport Touts Job Growth

Even under difficult economic conditions, Munich Airport remains a reliable engine for growth and employment. The three biggest companies at the airport - the...

Does your dog bite?

A whistleblower tells Congress that the Securities and Exchange Commission ignored his warnings about Bernie Madoff for nine years.

ConvaTec to Expand in Greensboro

The Greensboro Economic Development Alliance just announced a significant expansion by ConvaTec, a global medical device manufacturer and long-time Greensboro employer. The company will...

California Boosts Its Bond Program

The California Enterprise Development Authority (CEDA) has praised the State Treasurer’s office for increasing the funding allocation  from approximately $120 million to $150 million...

Blago gets the boot

The tawdry saga of Gov. Rod Blagojevich concluded on schedule this week, when the Illinois State Senate unanimously ousted the helmet-haired governor after a...

Fighting Back Against Job Slashing

After yesterday's employment massacre--more than 70,000 job cuts announced across various U.S. industries--the role of economic development and the importance of economic developers, have...

Where the pain is (and isn’t)

A state-by-state breakdown of unemployment, budget deficit and foreclosure statistics, jointly produced by CNN, Fortune and Money magazines, clearly illustrates which states are getting...

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

Connecticut Governor’s Report: Leading From The Front

Connecticut succeeded in mitigating the impact of the coronavirus pandemic by aggressively testing people in the early stage of the outbreak, avoiding the massive casualty levels in neighboring states.

Featured Location Spotlight

Location Spotlight: Santee Cooper – CAMP HALL

Camp Hall is a first-of-its-kind, master-planned industrial work space located in a business epicenter of the South and at the heart of modern Southern culture — Charleston, S.C.

Featured Location Videos

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.