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.



Allergan Plans $12-Million Research Facility in New Jersey

The Botox producer is expected to create up to 400 jobs in the Garden State and receive a $10-year, $17-million state grant to build the facility.

Ford Plans $1.1 Billion Upgrade of Claycomo Plant

The auto giant says a new labor deal will permit it to add 1,600 jobs to its Missouri operation, for a second F-150 truck line and production of a new commercial van.

GM Investing $380 Million, Adding 1,660 Jobs at Missouri Plant

General Motors will produce an all-new Chevrolet Colorado midsize pickup and add a second van production shift at its Wenzville, MO plant.

Turkish Composites Maker Puts U.S. HQ in Muncie

Kermit USA will invest 12.5 million in its Indiana operation, creating 70 jobs.

GM Upgrading Romulus, MI Plant for New Fuel-Efficient Engine

The auto giant will invest $385 million to prepare the plant for production of an all-new, fuel efficient engine program, creating or retaining 320 jobs.

Signpost Up Ahead

The battle over the bailout of Greece threatens to break apart the Euro Zone.

Signpost Up Ahead

The battle over the bailout of Greece threatens to break apart the Euro Zone.

Bell Helicopter Invests $230 Million in Texas HQ Upgrade

The company may invest more than $1 billion over the next five years in the Fort Worth facility, which employs 6,700.

Nephron Invests $313 Million in South Carolina Facility

The pharmaceuticals company will locate its new operations in Lexington County, creating 707 new jobs.

CT Enacts $626-Million Economic Development Package

A divided state Legislature puts aside partisan bickering and comes together in a special one-day session to pass a much-needed job-creating measure.

California Nightmare

While protesters occupy downtown Oakland, the municipal building in Vallejo is nearly empty.

California Nightmare

While protesters occupy downtown Oakland, the municipal building in Vallejo is nearly empty.

Whirlpool Chopping 5,000 Jobs, Closing Arkansas Factory

The appliance giant's Fort Smith, AR plant will close by mid-2012 as part of a companywide consolidation that will reduce Whirlpool's global workforce by nearly 10 percent.

U.S. GDP Surged 2.5 Percent in Third Quarter

The stock market rallies by more than 300 points as the Euro Zone debt plan and U.S. growth fuel hope that a double-dip recession will be averted.

Biomass Partnership Retains & Creates KY Jobs

The Lubrizol Corporation, Zeon Chemicals and Recast Energy will invest $22 million in Louisville operations.

Mobile Drive-in Bringing 1,100 Jobs to Indiana

LiTEBOX will invest $21 Million on a manufacturing and headquarters move to Indianapolis.

NBC Sports Moving to Connecticut

The network will create 450 new jobs in Stamford.
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Innovation Movement Comes to LiveXchange

Consumer Electronics Association CEO Gary Shapiro calls for innovation to resume its rightful place at the center of America’s economic policy.

Amino Acid Endeavor Adds 180 Jobs to Iowa

South Korean company, CJ CheilJedang, will invest $300 million to build a Lysine production plant in Webster County.

Court Showdown Looms on California Plan to Eliminate RDAs

The California Supreme Court has set a Nov. 10 hearing on a lawsuit challenging the state's plan to eliminate redevelopment agencies if they do not submit a $1.7-billion budget payment.
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: Welcome to Columbus, Indiana

Columbus, Edinburgh and Bartholomew County, Indiana are consistently ranked among the Top Ten locations in the United States. With one of the highest concentrations of engineering talent in the nation, manufacturing employment that ranks in the Top 2% of the U.S., I-65 access, and nationally recognized community living, now is the right time to consider the unexpected opportunities this unforgettable community has to offer.