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.



Happy Trails

Kentucky's bourbon business is booming, giving a tasty lift to state revenues and tourism.

A Driving Force in Recovery

Eco. Dev. pros play a leading role in the resurgence of U.S. manufacturing.
By Jay C. Moon, CEcD, Chair, IEDC

Michelin Plans $750-Million Expansion in South Carolina

The tire giant will grow its Earthmover tire production in Anderson and Lexington counties, creating 500 new jobs.

Teva Relocates Headquarters to Overland Park, KS

The subsidiary of Teva Pharmaceutical Industries will invest $71 million in a new 154,000-square-foot facility that will employ 400.

Certech to Retain Jobs and Create 80 More in Hanover Twp.

The company will consolidate its molded ceramic component operations from out of state to the Luzerne County, PA location.

Ross Stores Will Bring 600 New Jobs to York County

The discount department store chain will open a warehousing and distribution facility in Rock Hill, SC.

Accuride Corporation to Invest $8.73 Million in SC Expansion

The commercial vehicle component supplier will create at least 25 new jobs when they add production capacity to their Camden facility.

Oceaneering to Invest $5 Million in Morgan City Expansion

The global oilfield provider of engineered services and products will add 30,000 square feet to its Louisiana facilities.

East Meets Midwest

Michigan take a great leap forward with an e-commerce link that lets in-state companies sell directly to consumers in China.

Austin, Lexington Cited for Economic Development Excellence

Business Facilities shines its spotlight on the organizations that have established and consistently executed the best practices in the industry.

Business Facilities Names Achievement Award Winners

New Jersey's Partnership for Action and the Greater Fort Lauderdale Alliance are among the honorees in our first annual Economic Development Achievement Awards.

Ionic Technologies Will Invest $10 Million in SC Expansion

The manufacturing firm supporter will double the size of its existing Greenville facility.
Joseph E. Zeis, Jr., Vice President and Chief Strategist, The Dayton Development Coalition

SNAPSHOTS: 60 Seconds…with Joseph E. Zeis, Jr., Vice President and Chief Strategist, The...

Joseph E. Zeis, Jr. will be heading the new Ohio Aerospace and Business Aviation Advisory Council. From the March/April 2012 issue

FIRST WORD: Taking The Prize

Now we turn our spotlight on the organizations whose efforts create the development success stories that fill our magazine every month. The worthy finalists in all of our awards categories made our task of picking the winners a lot harder than we thought it would be, a credit to them all. From the March/April 2012 issue

150 New Jobs Coming to Idaho

Alberta, Canada-based ATCO Group will open a manufacturing plant in Pocatello's Gateway West Industrial Complex.
Rhode Island State House (Photo: Thinkstock/Jupiterimages)

FEATURE STORY: Rhode Island Is Big On The Future

Rhode Island is marshalling all of its assets, including a burgeoning Knowledge District in the heart of Providence, to put the state in a prime position to meet the challenges of 21st century economic development. From the March/April 2012 issue
The Memphis Specialized Laboratory will open Spring 2013.

FEATURE STORY: Memphis Bioworks – Breaking Ground On Medical Breakthroughs

The laboratory at UT-Baptist Research Park will bring new research capabilities to Memphis to help speed the FDA approval process. From the March/April 2012 issue

Foxconn Agrees to Improve Working Conditions at Factories

In a move that could transform manufacturing in China, Apple's largest supplier says it will cut workers' hours and increase their pay after an investigation uncovers abuses.

Procter & Gamble Duracell Puts $36 Million in TN Facilities

The battery maker is expanding its manufacturing and packaging in Cleveland, TN, creating 80 jobs.

Kuhn Krause Grows Capacity in Hutchison, KS

The implement manufacturer is planning a $5 million expansion of its Hutchison plant, to be completed by the end of the year.
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: Charging into the EV Market in Northwest Ohio

With close proximity to Detroit, an extensive transportation network and a trained, educated workforce, the Toledo/Northwest Ohio region has a long successful track record within the automotive industry. Those inherent assets are the same resources which make this region an attractive location for the evolving electric vehicle market.