Shifts For The Innovation Economy
Here’s a look at five key forces reshaping the geography and evolution of the innovation economy, courtesy of the team of advisors at Resonance.
Top Utilities 2023: Powering Business
Utilities help keep economies growing: These Top Utilities of 2023 provide energy and play a vital role in the site selection process.
NexPoint Announces Proposal For TxS District In Texas
NexPoint’s proposed development would create a life science ecosystem with world-class lab, office, and therapeutic production space.
Bobcat Invests $9.3M In North Dakota Plant
The state-of-the-art, highly automated industrial punch press technology for the Gwinner plant is among the first of its kind to be installed in North America.
January / February 2023 Issue (Volume 56, Number 1)
Business Facilities' January / February 2023 issue features North Carolina, our 2022 State of the Year, along with winners of our Deal of the Year Awards. Plus, Top Utilities and more.
SK bioscience Plans $261M Vaccine, Biopharm Center
Created to fight new infectious diseases, the Songdo Global Research & Process Development Center will house vaccine and biopharmaceutical activities ranging from basic research to commercial manufacturing.
Aracari Biosciences Expands To Irvine, CA
Aracari Bioscience graduates from University Lab Partners, the premier life science incubator in Orange County.
Pallidus Relocating Corporate HQ, Manufacturing Operations
Silicon carbide (SiC) wafer semiconductor manufacturer Pallidus will invest $443 million and create 405 new jobs in York County, SC in the Charlotte Region.
Manufacturing Readiness Grants: Indiana Invested $22M+ In 2022
Since it was launched in 2020, the Manufacturing Readiness Grants program has granted a total of 384 awards totaling $39 million to companies in 69 counties.
Wichita Semiconductor Plant Will Create Nearly 2,000 Jobs
Integra Technologies' $1.8 billion investment is the second-largest economic development project in Kansas history.
Seoyon E-Hwa To Invest $76M In Georgia Manufacturing Facility
The global auto parts supplier joins a growing list of Hyundai suppliers. Meanwhile, Georgia Ports Authority expands its refrigerated container capacity.
GE Appliances Expanding South Carolina Operations
The GE Appliances investment will create 45 new jobs over the next five years and is expected to be complete by the first quarter of 2024.
Engineered BioPharmaceuticals, Inc. To Expand In Virginia
The biopharmaceutical manufacturer plans to invest $6.1 million to establish a standalone facility in Virginia.
Whitehorse Freight Increases Presence In Northern Kentucky
Logistics technology service company Whitehorse Freight recently cut the ribbon on its new $5.4 million expansion project in Kenton County, creating more than 400 jobs.
Two Growing Companies Will Create 245 New Jobs In Alabama
Peak North America USA will create 175 jobs at its new Mobile County facility, while Resicum International LLC will create 70 jobs at its Dallas County aviation training academy.
Imperial Approves $560M For Its Renewable Diesel Facility
The Imperial facility supports Canada's plan to reduce greenhouse gas emissions and produce a billion liters of renewable diesel annually.
SK Food Group To Establish Operations In Tennessee
The custom food manufacturer plans to invest $205 million in Bradley County, as well as create 840 new jobs by 2030.
Powering A Flourishing Food Industry In NC
In the food industry, demand is up, but so are costs and labor issues. Discover what North Carolina brings to the table to help businesses flourish despite those challenges.
McAfee To Locate New Headquarters In Texas
The global leader in online protection will open up a new regional facility located at The Star in Frisco, TX.
Companies, Communities Growing In Oklahoma
Laundris will relocate its HQ from Texas to Tulsa, McElroy adds a fourth campus in Broken Arrow, and the Muskogee City-County Port Authority builds economic momentum with a new brand identity.
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: Colorado’s Grand Junction – Where Business Meets Adventure
The Grand Junction area is the largest metropolitan area in western Colorado, with the amenities and infrastructure companies need to operate globally. Situated halfway between Denver and Salt Lake City, the Grand Junction area is easily accessible by air, rail, highway, and WiFi.