Under the Rug
With the global effort to reduce CO2 emissions faltering, the U.S. is racing to build huge underground carbon storage bins in old salt mines and depleted oilfields.
Under the Rug
With the global effort to reduce CO2 emissions faltering, the U.S. is racing to build huge underground carbon storage bins in old salt mines and depleted oilfields.
Eastman Kodak Files for Chapter 11 Bankruptcy Protection
The iconic Rochester, NY-based film and camera giant is assuring employees and pensioners it will be "business as usual" with payments continuing through the bankruptcy process.
$12-Million Rail Station Stop for Rockford, IL
Funded in addition to the $60 million Chicago-Rockford-Dubuque rail corridor, it will help support the nearly 700 jobs anticipated from both projects.
Kestrel Aircraft Puts Plant, HQ in Wisconsin, Adding 600 Jobs
An aggressive incentives package from the Wisconsin EDC, including $18 million in tax credits, seals the deal for the project in Superior, WI.
Amazon Expanding Chattanooga Distribution Center
The E-commerce giant will grow the center's floor space to the equivalent of 28 football fields and expects its Tennessee workforce to grow to 5,000 this year.
BMW Announces $900-Million Expansion in South Carolina
The German auto giant will add 300 jobs at its plant in Spartanburg County, SC and says it has now produced more than 2 million vehicles in the U.S. since 1994.
Kansas Earmarks $16 Million for Bombardier Tech Center
The Jayhawk State is moving quickly to buttress its aerospace manufacturing base in the wake of Boeing's decision to close a major military aircraft facility that employs 2,160.
Honda to Build Acura NSX “Supercar” in Ohio
The Japanese automaker reveals at the North American International Auto Show in Detroit it will produce the NSX near its current facilities in central Ohio at a new advanced manufacturing center.
New York Plans Largest U.S. Convention and Exhibition Center
The proposed $4-billion, 3.8-million-square-foot facility would be built by a Malaysian conglomerate at the current site of Aqueduct racetrack in Queens.
Boeing to Close Wichita Aircraft Plant Employing 2,160
The aerospace giant is moving the jobs to Puget Sound, WA in a decision that angered Kansas officials who had strongly supported the company's effort to win a huge aerial tanker contract from the Pentagon.
Labor Department: U.S. Added 1.6 Million Jobs in 2011
In a sign that the recovery is picking up steam, employers added 200,000 jobs in December, bringing the national unemployment rate down to 8.5 percent.
NY Targets Buffalo for $1-Billion Development Program
In his State of the State address, Gov. Cuomo announced a multi-year package of incentives aimed at boosting job creation in Buffalo and replicating the success of a similar program in Albany.
Impact CNC Plans Indiana Production Machining Plant
The $12.9-million facility in Columbia City, IN, is expected to create up to 106 new jobs by 2014.
AVCraft Expands Aircraft MRO Unit in Horry County, SC
The company is investing $1 million in its aircraft maintenance and repair operation in Myrtle Beach, creating 150 jobs.
Crystal Ball 2012
It's that time again. Without further ado, let's all peek at the stories that will make headlines next year.
Crystal Ball 2012
It's that time again. Without further ado, let's all peek at the stories that will make headlines next year.
Kentucky, SC, AZ Shine in Business Facilities Awards Contest
A massive automotive investment in Louisville, a $500-million tire plant in Sumter County and a world-class thin-film solar facility in Mesa take top honors in our 2011 Economic Development Deal of the Year competition.
Broken Arrow, OK Officials Oppose Kialegee Tribe Casino
Residents are concerned the casino site is too close to schools and a drain on public resources, but Kialegee's leader says gaming is the only viable economic development for the tribe.
Sears May Close 120 Stores After Sluggish Holiday Sales
Contrary to the national trend, the retail giant reported that holiday sales at Kmart and domestic Sears stores were down 4.4 percent and 6 percent, respectively, compared to last year.
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
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
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.