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.



Oklahoma Gets U.S. Small Business Funds

The state will receive $13.2 million in State Small Business Credit Initiative investment funds to expand high-growth businesses.

R3 Composites Plans Indiana Plant

The maker of plastic molded components will invest $4.5 million in a manufacturing center in Grabill, IN, creating 400 new jobs.

Schumacher Expands in Lafayette, LA

The healthcare giant will invest $19 million to grow its corporate headquarters, creating 600 new jobs.

Bridgestone Expands in South Carolina

The tire giant will invest $135 million in its Aiken County plant, adding 266,000 square feet and creating 122 new jobs.

NY Unveils $1 Billion ED Consolidation

The Empire State is creating 10 regional councils that will submit project applications to a consolidated funding pool.

U.S. Closing 800 Data Centers

The federal consolidation will shutter about 40 percent of the government's computer database facilities, cutting several thousand jobs in the process.

ITT Exelis Picks Virginia for New HQ

ITT's Defense & Information Solutions unit will invest $5 million in a corporate headquarters in Fairfax County, VA, creating 100 jobs.

Hasbro Plans $24 Million Expansion in RI

The toy company will create nearly 300 jobs in downtown Providence.

One Solutions Logistics Expands in IN

The logistics supply company will grow its operations at Honda's Greensburg plant, creating up to 191 jobs by 2012.

Allconnect Puts Service Center in KY

The company is investing $7 million in a new facility at the Coldstream Research Campus in Lexington, creating 220 jobs.

Full Faith and Credit

With Congress deadlocked over a deal to raise the U.S. debt ceiling, it's time to put a fresh idea on the table.

Mars Plans Manufacturing Plant in Topeka

The chocolate candy giant will invest $250 million in the multi-phase project in Kansas, creating at least 200 new jobs.

Switzerland Largest Investor in U.S.

The Commerce Department's annual report pegs foreign direct investment from the Alpine nation at more than $42 billion in 2010.

Daniel Defense Plans Facility in SC

The firearms producer will invest $5.3 million in a new manufacturing plant in Jasper County, creating 100 new jobs.

Vlad the Impaler

If you want to know what's going on in Russia's economic development program, you have to ask the right questions.

Time Warner Makes Move to Colonie, NY

The cable company plans to relocate at least 235 positions and create 50 more.

Bed Techs Expands in Aurora, IN

The hospital bed remanufacturer will consolidate operations and add 55 new jobs.

Solar Generation Forges Ahead in Ohio

AEP Ohio and Turning Point Solar LLC have collaborated on a 49.9-megawatt project that will create approximately 600 jobs.

Dannon Invests $88 Million in Ohio Plant

The yogurt giant will receive a $460,000 grant for workforce training and new equipment at the Minster, OH facility, creating 100 new jobs.

OHL Puts New Facility in Plainfield, IN

The third-party logistics solution provider will invest $16.7 million in a new distribution center, creating 415 jobs.
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.