Magazine

Business Facilities highlights area economic development and site selection news from around the world. Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development.



Kyle Schulz, Chief Growth Officer, World Business Chicago

Chicago Offers Robust Business Climate

With a clear view on what the future holds, a Chicagoland location is a strong base for business, according to Kyle Schulz, Chief Growth Officer, World Business Chicago.
Maryland

Maryland Incentive Programs Target ‘Wide Range’ Of Companies

The Maryland Department of Commerce can tailor support services to the ‘sectors where it will have the greatest impact,’ according to Secretary Kevin Anderson.
Wyoming

Wyoming: Open For Opportunity

Wyoming is the long-standing tax climate leader, and a cross-section of industries are seeing growth in the Equality State .
Business Research Industrial Parks

Business, Research & Industrial Parks: A Hub For Growth

From office parks to manufacturing districts, these diversified sites offer resources that can help businesses thrive.

Ready For Business In Pasco County, FL

Bill Cronin, President/CEO, Pasco Economic Development Council, shares how this high-growth region on Florida’s west coast offers sites, facilities, and quality of life.
South Carolina

South Carolina Is ‘Firing On All Cylinders,’ Governor Says

Leaders in The Palmetto State aim to build a ‘high-tech, diverse’ economy and increase awareness of the state’s commitment to its businesses.
New York

New York State Returns To ‘Cutting Edge’ Of Manufacturing, Innovation

Governor Kathy Hochul is committed to continuing to improve New York’s economy through revitalizing business districts and new workforce initiatives.
Connecticut

Connecticut Sees Growth In Workforce, Emerging Industries

A growing population and a digital direction for the financial and insurance industries could set Connecticut up for success.
Oklahoma

Oklahoma Sees ‘Tremendous Growth’ In New, Existing Companies

Two economic development programs awarded a combined $13.5 million to more than 175 businesses in 2023 alone, according to the Oklahoma Department of Commerce.
Illinois

Business, Civic Leaders Build On Illinois’ Momentum

Incentives, ‘leading infrastructure,’ and a skilled workforce contribute to the influx of companies making moves in the Land of Lincoln.
Arizona

Arizona Attracts ‘Record Investments,’ ‘Major’ Economic Wins

Arizona saw nearly 100 companies commit projects to the state in 2023, In addition to its interest in growing its semiconductor industry footprint.
Life Sciences Industry Locations

Life Sciences Industry Continues To Thrive

Locations attract biotech, pharmaceutical, and medical device companies by meeting their need for educated workers and access to resources.
New Jersey Economic Growth

New Jersey: Economic Growth Renewed

New Jersey saw a landmark year in 2023, with artificial intelligence (AI), life sciences, and manufacturing contributing to the Garden State's economic growth.
Exploring The Energy Future

Exploring The Energy Future

As industries seek to diversify energy sources, government initiatives remain central to these efforts.
Mississippi

Why? Mississippi

Bill Cork, Executive Director, Mississippi Development Authority, shares how the Magnolia State supports speed-to-market through ready sites, workforce training, and strategic location.
Military Communities

Military Communities Serve As Opportunity Zones For Nearby Cities

Opportunity zones help defense contractors address nation’s aging military industrial base. Plus, Viewpoint: Federal Opportunity Zones As Business Recruitment Tool
Manufacturing Industry

Digital Adaption Key To Manufacturing Industry

Embracing new technologies will be an important avenue as growth is projected to continue in the manufacturing industry.
South Carolina economic development

South Carolina: Supporting Business From Launch To Legacy

The South Carolina Department of Commerce’s new brand campaign reinforces the state’s commitment to companies’ long-term success.
North Carolina BioPharma Crescent

North Carolina’s BioPharma Crescent: Fertile For Manufacturing

This five-county region in eastern North Carolina is home to biopharma firms from around the world.
Pennsylvania Economic Development, Governor Josh Shapiro

Pennsylvania Renews Economic Development Strategy

Governor Josh Shapiro outlines how the Keystone State’s first economic development strategy in more than two decades will spur growth and interest.
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: The Rhode Island Advantage

Rhode Island’s ideal location in the Northeast boasts all the benefits of major commercial centers, including easy access to top companies, all manner of transportation, and world-class universities.