New York

This section includes articles related to area economic development, corporate relocation, company expansion and site selection news throughout New York.

Silvercup Bronx New York

$35M Film And Television Production Complex Opens In South Bronx

Silvercup Studio’s third facility in New York – Silvercup North – will generate 400 new jobs in the South Bronx.
innovation hub

2016 Metro Rankings Report: Greater Rochester, NY Is Top Innovation Hub

Greater Rochester, NY is Business Facilities' top-ranked Innovation Hub; Albany, NY and Youngstown, OH placed second and third, respectively, in the magazine's 12th Annual Rankings Report.
foreign direct investment

2016 State Rankings Report: New York Is Top Destination For Capital Investment

New York is the top-ranked state for Foreign Direct Investment measured in capital investment and California leads the field in FDI measured in projects in Business Facilities' 12th Annual Rankings Report.

Nearsighted

New York lawmakers complain about the short-term results of a long-term development program with 10-year incentives.
2016 rankings

Business Facilities’ 12th Annual Rankings Report: Metro, Global Rankings

BF’s 12TH ANNUAL RANKINGS report is our most comprehensive analysis to date of the locations that are leading the pack in the most important benchmarks for sustainable growth in the 21st century. Part Two: Metro Rankings.
energy costs

NYSERDA Offers $36M To Cut Energy Costs

New York will support adoption of advanced technologies to help businesses and building owners track energy use in real time, pinpoint waste, cut costs and drive more than $200 million in energy savings.
economic development

SNAPSHOTS: 60 Seconds… with Dennis Davin, Secretary, PA DCED

Pennsylvania's Davin provides a rundown of the state's economic development initiatives, plus a look at NYC's new World Trade Center Transportation Hub.

June 26 or Bust

There may be "still a lot of work to do," but officials insist the expanded Panama Canal will be open for business by the end of next month.
Chinese direct investment

Chinese Real Estate Investment Plays Growing Role In U.S. Economy

Chinese investment in U.S. real estate has grown dramatically since 2010, according to a new report by Asia Society and Rosen Consulting Group.
New York

State Focus: New York – Accelerating Biotech Innovation In The Empire State

A $2.8-million investment from Innovate NY—matched by $21.5 million in private equity—is spurring the development of a biotech cluster in New York City.
advanced manufacturing

Advanced Manufacturing Industry: Dynamic Advancements

Advanced manufacturing has come a long way, revolutionizing the processes used to build new products and introducing a bevy of innovative technologies, with a heavy emphasis on automation.
March/April 2016

March / April 2016 Issue (Volume 49, Number 2)

The Global Biotech Industry is the focus of Business Facilities' March/April 2016 issue, along with our annual Economic Development Awards. Plus, a look at the Aerospace Industry.
2016 Economic Development Awards

Feature Story: 2016 Economic Development Awards

With so many locations embracing cutting-edge technologies and innovative development strategies, it was hard to pare down the worthy nominees for our economic development awards festival. Here are the folks who made the cut, the best of the best in the applications of smart practices for sustainable growth.

Water on the Brain

The largest—and arguably the most critical—infrastructure project in the nation has been put on hold for another 10 years.
photonics

Photonics Companies Investing $1.6B In Rochester, Creating More Than 1,400 Jobs

Photonics company Avogy will move its headquarters from Silicon Valley to Rochester; Together with Photonica, will locate advanced development and early manufacturing at Eastman Business Park.

The Oculus

New York City unveils its new $4-billion train station for the World Trade Center.
UrbanTech NYC Will Support Building Smart And Sustainable Cities

UrbanTech NYC Will Support Building Smart And Sustainable Cities

The New York City Economic Development Corporation (NYCEDC) has launched UrbanTech NYC, a comprehensive program to help entrepreneurs and innovators address New York City’s most pressing urban challenges in sectors such as energy, waste, transportation, agriculture and water.

Short in the Saddle

Driverless cars are being welcomed where you might not expect them.
mckesson-orange-county-new-york

McKesson Building New Distribution Center in Orange County, NY

McKesson Corporation will open a new 340,000-square-foot distribution center and create 160 new jobs in Orange County, NY.
Business Idea Competitions: A Proven Path To Success.

Warm Welcome Up North

Organizations in Pittsburgh, Detroit, northern Michigan, St. Louis, Alaska, Wisconsin and Nevada, have embraced business idea competitions; rewarding dozens of new ventures with grants ranging from $5,000 to $50,000. The 43North competition, said to be the largest such prize pool in the nation, offers $5 million in prize money to entrepreneurs who agree to move to (or retain their start-ups in) the city.

Rankings & Awards

September / October 2022 Issue

September / October 2022 Issue (Volume 55, Number 5)

Business Facilities' September / October 2022 issue takes a look at sites for advanced manufacturing and finding tech talent. Plus, cybersecurity, semiconductors, and more.
2022 Global Rankings

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.

Business Facilities Featured Location Spotlight

Location Spotlight: Topeka, Kansas

With three top universities in the area and connectivity via major interstates, Topeka, Kansas is rich with opportunity. Visit the GO Topeka Economic Partnership to learn more.

Business Facilities Featured Location Videos

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.