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

COVID-19 Response

COVID-19 Response And Recovery Update

Economic development organizations and local businesses keep finding inspiring and innovative ways to join forces to meet the most urgent needs of this unprecedented crisis.
Renewable Energy

Renewable Energy: Shifting The Balance Of Power

EIA’s Energy Outlook 2020 forecasts a rapid decline of coal and nuclear power in this decade, the continuing expansion of renewables and the growth of U.S. exports of oil and gas.
Qualified Opportunity Zones

There’s Still Time To Invest In Qualified Opportunity Zones

The IRS has extended a critical deadline for investments in Qualified Opportunity Zones until the end of the year, hoping to entice investors who have largely sat on their money during the global pandemic.
COVID-19 crisis

COVID-19 Response And Recovery Update

Economic development organizations and local businesses keep finding inspiring and innovative ways to join forces to meet the most urgent needs of this unprecedented crisis.
workforce training

Workforce Training: Coping With Crisis Requires A New Skillset

Companies are building digital training programs and creating ecosystems of “learning partners” to produce and deliver digital content to a broad base of employees.
renewable energy

Top Utilities: Power To The People

New electric generating capacity in 2020 will come primarily from wind and solar, with renewables making up 76 percent of the 42 gigawatts that will be added.
Honorable Mention 2019 Deal of the Year

Honorable Mention Awards: 2019 Economic Development Deal Of The Year

Our most competitive Deal of the Year competition ever yielded a cornucopia of impressive projects that are bringing a bonanza of new jobs to locations across the U.S. Here’s the cream of the crop.
Bronze Award 2019 Deal of the Year

Bronze Award: 2019 Economic Development Deal Of The Year

The “coolest” section of Dallas, TX seals the deal for ride-sharing giant Uber’s new U.S. General and Administrative Hub, which will bring 3,000 new jobs to the city.
Silver Award 2019 Deal of the Year

Silver Award: 2019 Economic Development Deal Of The Year

Commerce, GA will be the home of SK Innovation’s lithium battery plant, which will build advanced batteries for hybrid and fully electric vehicles for VW and other OEMs.
2019 Deal of the Year

2019 Economic Development Deal Of The Year

We received nominations for projects in nearly two dozen states for our 2019 Deal of The Year awards. Our all-star panel of judges has spoken, so it’s time to reveal their picks for our top three prizes (and nine honorable mentions).
life sciences

Life Sciences: A Data-Driven Diagnosis For Success

Digital transformation is driving innovation in the life sciences sector, making transparency a top priority and heralding an era of “relationship-driven partnerships among all of the sector’s stakeholders.
Michigan connectivity

Industry 4.0: Making Connections In Michigan

Michigan is investing in a connected, smart manufacturing future, heralding a new age of automotive design and autonomous vehicles
technology parks

Editor’s Picks: Business, Industry And Tech Parks

Business, industrial and technology parks increasingly are providing all of the amenities needed to attract and keep a skilled workforce, a top priority for 21st-century growth sectors.
Opportunity Zones

Opportunity Zones: Window Of Opportunity

The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S.
Qualified Opportunity Zones (QOZs)

Understanding Opportunity Zone Guidelines

Just as with any planning technique, comparison of the potential benefits of Qualified Opportunity Zones to other tax deferral or elimination strategies remains crucial.
shovel-ready sites

Shovel-Ready Sites: Ready To Hit The Ground Running

Precertified sites—also known as shovel-ready sites—speed up the development cycle for projects by cutting the red tape and lining up key approvals in advance of the site selection process.
high tech hubs

Editor’s Picks: Sweet Spots For High Tech

The leading high tech hubs have developed a startup ecosystem that nurtures entrepreneurs and plants the seeds for sustainable growth from innovators who bring scaleable products to life.
cybersecurity professionals

Cybersecurity: Catching Up With The Bad Guys

Millions of skilled cybersecurity professionals are needed on the front lines of the global battle with cybercriminals who are causing trillions of dollars worth of damage annually.
STEM skills

STEM Leaders: Moving To The Head Of The Class

The battle for America’s future as a global technology leader is being waged in locations that have initiated innovative programs to increase the number of graduates with STEM skills.
U.S. manufacturing

U.S. Manufacturing: All The Way Back

The U.S. manufacturing sector finally has regained the output levels lost during the Great Recession. But an exceptionally tight labor market might put a damper on the celebration.
2022 Deal of the Year

2022 Deal Of The Year: Impact Awards

The 2022 Deal of the Year Impact Awards recognize project investments that will have significant impact in their new or expanded locations, focusing on a specific aspect of the project.
2022 Deal of the Year

2022 Deal Of The Year: Platinum Award

Here are this year’s Deal of the Year award winners, starting with Platinum Winner Empire State Development, for Micron Technology's $100B investment in New York State.