Europe
This section includes articles related to area economic development, corporate relocation, company expansion and site selection news throughout Europe.
New Report: Climate-Related Issues Impacting CRE In 2023
The ULI Global Sustainability Outlook 2023 report from ULI and Ferguson Partners identifies five key issues expected to impact CRE decisions this year.
Hartford, CT Insures The Future
Gene Goddard, MetroHartford Alliance, shares how a centuries-old insurance and finance foundation supports the city’s evolution to fintech and insurtech.
Georgia: Premier Destination For East-West Trade And Investment
At the crossroads of Europe and Asia, the nation of Georgia offers businesses strategic location, educated workforce, and energy resources.
Commercial Real Estate Is Expanding DEI Initiatives
CRE companies are expanding diversity, equity, and inclusion efforts, according to The Global Real Estate DEI Survey 2022, which reports North American non-binary demographics for the first time.
18th Annual Rankings: 2022 Global Rankings Report
The U.S. and China earned the top two spots for Foreign Direct Investment (Worldwide) in Business Facilities’ 2022 Global Rankings Report.
United States, China, Canada Top New Worldwide FDI Rankings
The U.S. tops worldwide foreign direct investment leaderboard, Boston is first for Life Sciences Hubs, and NYC leads Financial Centers in Business Facilities' 2022 Global Rankings Report.
IEA Report Takes Look At Solar PV Global Supply Chains
China's focus on solar panel production has spurred market growth while leading to significant imbalances in global supply chains, according the special report from the International Energy Agency.
Universal Hydrogen Launches Engineering Design Center, European HQ
At its new European headquarters in Toulouse, France, Universal Hydrogen will work to decarbonize aviation through the adoption of hydrogen.
Volvo To Build $1.25B Electric Vehicle Plant In Slovakia
Volvo's third European plant will be located in Kosice. The company will receive about 20% of the investment needed for the project as support from the Slovak government.
Apple To Expand Operations In Ireland
Tech giant Apple will make room for up to 1,300 employees with an expansion of its Cork, Ireland operations.
Japan-Based Nissin Foods Expanding In Hungary
By 2024, Nissin Foods will invest more than $12 million and create 20 new jobs with an expansion of its Kecskemét, Hungary plant.
Two U.S.-Based Companies Expanding In Ireland
In Cork, Ireland, financial services provider Remitly will create 120 jobs, smart network control solutions company NS1 will create 30 jobs.
Ultra Clean Expansion To Create 100 Jobs In Ireland
To support the global semiconductor industry, Ultra Clean Holdings Inc. will establish an Advanced Technology Cleaning Centre in Cavan, Ireland.
Staying Focused
Bad economic and geo-political news can slow down economic development. But, this pause might not be for long.
Staying The Course
The war in Ukraine and economic factors could derail the economy. But they will impact future growth only if we let them.
Transcom To Establish North American Presence In South Carolina
Customer service specialist Transcom will begin expanding its operations to the North American market with new office space in Greenville County, SC.
BMW Manufacturing Expands South Carolina Presence With Logistics Center
BMW Manufacturing's $100 million investment will supplement its existing logistics operations in South Carolina plant, bolstering production.
Italy’s Veronesi To Establish First U.S. Facility In Virginia
Italy-based cured meats producer Veronesi will expand its customer base and create more than 150 jobs with its new Rockingham County, VA facility.
Global Auto Supplier Faurecia To Expand Tennessee Operations
Faurecia will invest more than $18 million to expand its Tennessee manufacturing facility; will create over 170 jobs.
Stellantis To Invest $229M To Retool EV Production Operations
Formerly Fiat Chrysler Automobiles, Stellantis will retain, retrain 662 team members to support production of electrified transmissions in Kokomo, IN.
Rankings & Awards
Micron, Intel, Chevron Phillips, Hyundai Top 2022 Deals Of The Year
The annual Business Facilities Deal of the Year awards have expanded to recognize four winning project announcements.
North Carolina Is Business Facilities’ 2022 State Of The Year
North Carolina is named Business Facilities’ 2022 State of the Year, the second time the state has been recognized for this top honor.
Business Facilities Featured Location Spotlight
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.
Business Facilities Featured Location Videos
[VIDEO] Made Possible in Lehigh Valley
The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.