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.



Good News About Gas Prices

The U.S. is rapidly running out of storage space for the humongous amount of natural gas we're producing.

KPMG Study: Cincinnati Lowest-Cost U.S. City for Business

The latest Competitive Alternatives study by the global tax advisory firm ranks Orlando, Tampa and Dallas-Ft. Worth second, third and fourth, respectively.

Halliburton Plans Operations Hub at Eastpointe Business Park

The hub in Zanesville, OH will support Halliburton's customers in the development and production of energy from Utica shale, creating 300 jobs.

Leggett and Platt Consolidating Kentucky Operations

The maker of engineered components is moving its manufacturing from Nicholsville to its Porter County facility in Kouts.

Prudential Plans New Headquarters Tower in Newark, NJ

The Newark-based insurance giant picks a 3.25-acre site on Broad St. for its $444-million building over a competing parcel next to the NJ Performing Arts Center.

Helmer Expanding Headquarters in Noblesville, IN

The life sciences company will invest $10.6 million to construct a 137,500-square-foot manufacturing and global operations facility at the Noblesville Saxony Corporate Campus.

Caterpillar Expanding Manufacturing in Sumter, SC

The $20-million project will nearly triple the size of the Sumter plant, moving production of large hydraulic cylinders currently made at the company's Joliet, IL plant.

Minnesota-based Steel Manufacturer to Open Portage, IN Facility

Ratner Steel Supply Co. will invest $14.3 million to build and equip a 102,000-square-foot steel service unit at the Port of Indiana Burns Harbor.

Fiber Producer Puts $8-Million Facility in Florence County

Naturally Advanced Fibers will locate its operations in the 143,500-square-foot Delta Mills Cypress plant in Pamplico, SC.

Brightery Solar Moving Headquarters to Kansas City, MO

The solar development and finance firm will invest $2.2 million and create 115 new jobs over the next five years.

Back in the U.S.A.

A U.S. machine-tool maker moves its assembly work to New Jersey, bringing the operation back from China.

Belk Puts eCommerce Distribution Center in Union County, SC

The department store retailer make a $4.5-million capital investment in a former Disney facility, creating 124 new jobs.

Apparel Retailer Expands Distribution in Putnam County, IN

Charming Shoppes, Inc. will receive $1.1 million in conditional tax credits from the state to upgrade its logistics operation in Greencastle, IN, creating 135 jobs.

Rolls-Royce Plans Second Manufacturing Facility in Virginia

The British jet engine maker will invest $170 million in a new facility in Prince George County to produce parts for Boeing and Airbus, creating 150 jobs.

Supreme Industries Expanding Operations in Goshen, IN

The manufacturer of customized truck bodies will invest $7.7-million to upgrade its 100-acre campus in Elkhart County, creating 350 new jobs.

Camp Shelby to Host Unmanned Aircraft Flight Center

The new $48-million regional center was chosen from 19 candidate sites nationwide to service the Army National Guard's drone operations.

Toyota Invests $45 Million in W. Virginia Plant Expansion

The Japanese automaker will increase the Buffalo plant's annual production capacity of 6-speed automatic transmissions from 400,000 to 520,000.

Piximondo Announces Visial Effects Studio in Baton Rouge

The firm that produced Oscar-winning work for the film Hugo is investing $1.2 million to set up shop at the Celtic Media Centre, creating 120 jobs.

New York City Planning First Wind Power Project

Turbines will be installed atop Fresh Kills landfill in Staten Island, as the city considers putting them on building rooftops and offshore.

Yogurt Empire

The explosive growth of New York's yogurt industry is no laughing matter.
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: Ohio Electric Cooperatives

Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.