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.



UBE Louisiana

UBE Plans $500M EV Battery Ingredient Plant In Louisiana

The Japanese chemical company's first U.S. manufacturing facility will be located at Cornerstone Energy Park in Jefferson Parish.
North Carolina

Japan-Based Companies Make Moves In North Carolina

Two Japan-based companies are establishing a presence in North Carolina, building on the country's investments in the Tar Heel State.
Indiana Growth

Indiana: Bold Moves For Bold Growth

Statewide initiatives continue momentum toward growing and diversifying the Hoosier State economy.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.
Michigan

Future Mobility, Sustainability Projects To Bring More Than 1,360 Jobs To Michigan

Corning will invest $900M in Saginaw County manufacturing facility; EV maker Lucid Motors’ new R&D facility will bring over 250 jobs to Southeast Michigan.
Missouri

Show-Me State Prioritizes Infrastructure, Workforce Development

Myriad companies have moved into Missouri communities around Kansas City, St. Louis, and Joplin over the past year.
Fairfield County, SC

Fairfield County, SC: Shaping The Future, Starting Now

This rural county situated between Columbia and Charlotte offers ideal sites and settings for manufacturers and their families alike. The growth surge has begun.

Hydrogen Tech Company Relocates Within Kent County, DE

FFI Ionix Inc., a hydrogen technology company, recently announced it will relocate its operations within Kent County, Delaware.
Montgomery County, Texas

Lone Star State Success Driven By ‘Hardworking Texans’

Governor Greg Abbott credits the state’s residents — and economic development tools — for its top business ranking.
MHI RJ

MHI RJ Aviation Group Plans Workforce Expansion in Tucson, AZ

MHI RJ (MHIRJ) Aviation Group will add 100 new hires in 2024 — and 250 total over three years — as it aims to meet customer demand.
Nevada

Nevada: To The Next Level

Innovations are on the rise in the Silver State with clean energy and tech-focused accelerators in motion.
Utah Business

Utah Tax Credits Assist With Expansions Across Industries

Companies across industries have chosen to expand their operations in Utah — due, in part, to tax credits.
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.

BF Editors’ Blog: On Location, Best Picture Nominees

The film and television industry has significant economic impact. With the upcoming 94th Academy Awards, here's a look at the filming locations for the Best Picture nominees.
Douglas Manufacturing

Douglas Manufacturing Expands Pell City, AL Facility

Douglas Manufacturing Co. plans to invest nearly $11.7 million to expand its production facility in St. Clair County, Alabama.
North Carolina business climate

Partnership Drives Success In The Tar Heel State

North Carolina’s commitment to a top workforce, clean energy, and a favorable business climate are credited for the state’s success.
Doing Business In Tennessee

Energy Companies Invest Combined $300M In Tennessee

Type One Energy and Shoals Technologies Group will bring a combined $300 million in capital investments to Tennessee.
Michigan workforce programs

Michigan Welcomes ‘Risk-Takers,’ ‘Gritty Workers’

Michigan has workforce programs in place to bring business to the state, and has seen continued success in the auto industry.
Eastern Airlines, Kansas City

Eastern Airlines Picks Kansas City, MO For New HQ

The cargo airline will invest more than $4.7M and create 165 jobs in Missouri. Plus, Urban Outfitters kicks off operations at its new 600,000SF fulfillment center for Nuuly in the Kansas City region.
Maui, Hawaii

Energy Project Supports Hawaii’s Clean Energy, Resilience Goals

The 'Ūkiu Energy 40MW Renewable Energy Site will add critical grid reliability to Maui, move Hawaii closer to its clean energy goals.
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.