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.



Mankato, Minnesota

Rolls-Royce Investing $13.9M In Minnesota Expansion

The multi-phase expansion will add production lines, testing capabilities, and manufacturing jobs at the company's Mankato, MN Power Systems business unit. 
Alma, Georgia

La Regina Atlantica To Open First U.S. Food Processing Facility In Georgia

The homemade pasta sauce maker will invest $20 million in a new food processing facility, bringing 250 jobs to Alma, GA.
Gov. Mike DeWine

Staying Safe And Strong In Ohio

When the Coronavirus arrived in Ohio, Governor Mike DeWine was ready. Putting public health first, Ohio quickly established best practices for staying safe and strong, a blueprint for its recovery.
return to work

Workers Don’t Expect Return To Workplace By Year’s End

Remote work is gaining steam: New survey finds 33 percent question the wisdom of returning, report high productivity while working remotely.
Cybersecurity

Cybersecurity 2.0

The red-hot growth sector of cybersecurity has created more than a million new jobs. The bad news: half of these critical cyber jobs are going unfilled due to a shortage of skilled workers.
Opportunity Zones

LiveXchange Webinar: Panel Discussion – Opportunity Zones 2.0

Learn how Opportunity Zones are becoming prime investment opportunities for capital gains and how new IRS guidelines will impact on your plans for a QOZ near you.
mask manufacturing

Medicom Adding Second U.S. Mask Manufacturing Plant In Georgia

The new production facility in the Augusta, GA region will accommodate new state-of-the-art surgical and N95-type mask production equipment with updated technology.
Boeing 787

Boeing To Consolidate 787 Production In South Carolina In 2021

The single site in North Charleston, SC will improve operational efficiency as Boeing adapts to market downturn and positions for recovery and long-term growth.
clean energy

New York City Leads 2020 City Clean Energy Scorecard

Boston, Seattle, Minneapolis, and San Francisco round out the top U.S. cities growing their clean energy efforts, according to ACEEE's newly-released 2020 City Clean Energy Scorecard.
climate risk

Climate Risks Increasingly Important In Real Estate Investment Decisions

Real estate investors commonly view local climate risks — such as wildfires, frequent and intense storms and sea-level rise — as core factors in investment decision-making.
Haas 5-axis machining centers

Louisiana, Haas Create First-In-Nation Manufacturing Partnership

The Pelican State will be first to equip every community and technical college with Haas 5-axis machining centers.
Wilson County, TN

Moldex-Metric Investing $25M In Tennessee

California-based N95 mask maker Moldex-Metric will create 220 jobs at a new manufacturing facility in Wilson County, TN.
electric transmission line

New Electric Transmission Line Will Create 1,000 Jobs In Kansas

The new 800-mile Grain Belt Express electric transmission line will carry low-cost, Kansas wind energy to consumers across the Midwest, and create nearly 1,000 jobs.

Business Facilities | County of Lexington, South Carolina

The Saxe Gotha Industrial Park, home to Nephron Pharmaceuticals, Kennedy Innovation Complex and two Amazon facilities, makes this Park ideal for life sciences, advanced manufacturing and other related industries. This 714-acre Park is bordered by an East to West interstate and accessed by a North to South Interstate, boasts rail accessibility and all utilities are located within the Park.
labor market

LiveXchange Webinar: The Labor Market In A Remote Economy

Learn best practices site selectors can use to analyze labor market trends in real time and to evaluate workforce availability before choosing a location for a major project.
Virtual LiveXchange

LiveXchange 2020: Real Deals, Virtual Venue

Using online meetings and webinars, Business Facilities' first-ever Virtual LiveXchange seamlessly delivered the essential elements that define the site selection event.
Dynetics Huntsville, AL

Eight Companies Investing $71M In Huntsville Metro

The eight new economic development projects in 2020 will bring 510 new jobs to the Huntsville, AL area.
unmanned aerial systems

LiveXchange Webinar: “Are We Ready For The Drone Age?”

Get the most up-to-date information on the state of play in the UAS field from someone who has a seat at the table where key decisions are made: Mark Blanks, Director of the Mid-Atlantic Aviation Partnership at Virginia Tech.
Kendall County, TX

O.W. Lee Relocating HQ, Manufacturing Operations To Texas

Outdoor furniture and fire pit maker O.W. Lee is expected to create approximately 200 jobs and $24 million in capital investment in Kendall County, TX.
reshoring LiveXchange

LiveXchange 2020 Keynote Presentation: Reshoring In 2021

Learn how your business can increase the odds of success by carefully evaluating the economics of a reshoring decision in this LiveXchange Keynote Presentation by Rosemary Coates, Executive Director of the Reshoring Institute.
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: City of Fontana – Open for Business

From agriculture to steel, from healthcare to transportation, Fontana is an economic powerhouse. Due to its geographic location, Fontana has become a vital hub for the supply chain linking suppliers to businesses to consumers throughout the world.