Business Report

Business Facilities Magazine – The leading source of intelligence for corporate site selection, expansion, relocation & area economic development solutions.



Cree Investing $1 Billion In North Carolina

The five-year investment will expand Cree’s silicon carbide capacity with a fabrication facility and a materials “mega factory.”
Arkansas job creation

Arkansas: Job Creation Is Blossoming In The Natural State

April was a banner month for economic development in Arkansas, with a haul of more than $200 million in investment and more than 900 new jobs.
Tomball Business & Technology Park

Texas: Business & Technology Park Expands In Tomball

Hoelscher Weatherstrip Manufacturing Co. is constructing a 193,000-square-foot facility at the 99.5-acre Tomball Business & Technology Park, creating 119 new jobs.
methanol production

St. James Parish Gets $2.2-Billion Methanol Complex

Formal construction will begin this year at a 1,500-acre Mississippi River site, which will become home to one of the world’s largest methanol production facilities.
New Mexico

New Mexico: Intel Moves 3D XPoint Tech Development To Rio Rancho

The microchip giant is developing a new class of faster, denser storage and memory technology at the New Mexico facility.
South Carolina

South Carolina: Cherokee County Lands $75 Million Recycling Facility

Green Tech Solution, a subsidiary of an investment company based in Tianjin, China, will process plastics, scrap metal and electronics at the South Carolina plant.
Cheyenne, WY

Wyoming: Microsoft Expansion Of Cheyenne Data Center Underway

The $200-million project, announced in 2015, was not needed until this year due to improved server efficiency.
Kansas

Chinese Delegation Visits Kansas, Tours Institute Of Baking

The Jayhawk State gets a visit from its “sister state” in China, Henan Province.
Vineland New Jersey

Vineland Offers Competitive Advantages In The Garden State

The food processing sector is thriving in Vineland, a South Jersey gem that offers ease of access to key markets along the East Coast and in Canada.
Arizona

SkyBridge Arizona Heralds New Era In Cross-Border Commerce

The first international air cargo hub to house customs operations for Mexico and the U.S. is expected to create 17,000 jobs in Greater Phoenix.
Michigan

Fiat Chrysler Automobiles To Invest Over $1B In Michigan

FCA will modernize its Warren Truck Assembly to produce Ram Heavy Duty trucks, relocating truck production from Mexico and adding 2,500 new jobs.
Louisiana Qualified Entertainment Company

Deep South Studios Is Louisiana’s First QEC Project

The Pelican State’s new Qualified Entertainment Company program targets sustainable entertainment jobs for content creators.
Florida Business Report

Maverick Boat Group Plans Florida Manufacturing Facility

MBG is augmenting its manufacturing in Florida with 277,000 square feet of new production space in Fort Pierce that will be fully operational next summer.

Texas: Gartner Inc. Expands in Irving, Adds 800 New Jobs

A $3.9-million Texas Enterprise Fund grant sealed the deal for a $12-million expansion by the research and advisory firm.

South Carolina: York County Leads In Job Growth

In 1Q 2017, York County, SC had the highest percentage increase of employment among the 346 largest counties in the U.S.
Tennessee Business Report

Tennessee: Tyson Foods Expanding in Union City

Tyson is adding 25,000 square feet at its facility in Obion County, an $80-million investment creating 300 jobs.

Major Expansions Underway At KSU

Kansas State University, aiming to be a Top 50 public research university by 2025, is adding a bevy of new facilities.
Illinois

Illinois: New State Support for Entrepreneurs

The Advancing the Development of Minority Entrepreneurship program will mentor start-ups in Peoria, Rockford and Chicago.
Arkansas

Arkansas: Daisy And Gamo Put U.S. Headquarters In Rogers

The consolidated operation of these two well-known airgun lines will add 25 jobs over the next two years.
Texas

Texas Expands Economic Ties with Taiwan, Belgium

Gov. Greg Abbott has held meetings with Taiwan’s president and a delegation from Belgium about growing trade relations and increasing commercial ties.
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: Welcome to Columbus, Indiana

Columbus, Edinburgh and Bartholomew County, Indiana are consistently ranked among the Top Ten locations in the United States. With one of the highest concentrations of engineering talent in the nation, manufacturing employment that ranks in the Top 2% of the U.S., I-65 access, and nationally recognized community living, now is the right time to consider the unexpected opportunities this unforgettable community has to offer.