Food Processing: Generating Growth for Good Eats
The recent consolidation of food industry giants via mega-mergers is not slowing the exponential growth of major food processing hubs.
World Water Day
The first White House Water Summit aims to mobilize a national effort to conserve and expand our water resources.
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.
Seven Finalist Cities Chosen For Smart City Challenge
The U.S. DOT's Smart City Challenge has pledged up to $40M to help one city define what it means to be a “Smart City “and become the country’s first to fully integrate innovative technologies – self-driving cars, connected vehicles, and smart sensors – into its transportation network.
Uber To Add Advanced Technologies Center In Pittsburgh
The San Francisco-based ride-sharing company will establish an additional ATC research facility which will be used for testing self-driving cars.
The Oculus
New York City unveils its new $4-billion train station for the World Trade Center.
Dow, DuPont Reveal Agriculture Company Locations
The planned separation of DowDupont into three companies will create an Agriculture company corporate headquarters in Wilmington, DE with Global Business Centers in Indianapolis, IN and Johnston, IA.
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.
September/October 2015 Issue (Volume 48, Number 5)
Innovation hubs and logistics are the focus of Business Facilities September/October issue, plus reports on Indiana, New Jersey, Texas, North Carolina, California.
Pennsylvania Awards Early-Stage Tech Businesses Nearly $18M
The Keystone Innovation Zone Tax Credit supports entrepreneurship in and around Pennsylvania's colleges and universities.
NJ Angel Investor Tax Credit Program Injects $125M In Tech Companies
Technology and biotechnology companies around New Jersey invested more than $51 million in 2015.
Rapid Growth Leads 2U To New Maryland HQ
2U Inc., a technology-enabled education company, is moving its headquarters from Prince George's County to Lanham, MD to accommodate its growing workforce. The company expects to create more than 900 jobs in the county in the next five years.
California, Illinois, Texas Lead The Charge Toward A Modernized Power Grid
For the third year in a row, California is the highest-ranked state when it comes to moving toward a modernized electric grid, according to the 3rd Annual Grid Modernization Index (GMI).
Illinois Is Top State For LEED Green Building
Illinois retained its top national position on USGBC’s annual Top 10 States for LEED list for the third year in a row.
Seed Money: NJ Supports Tech Start-ups With VC Funding
The New Jersey Economic Development Authority (NJEDA) has found a novel way of expanding this toolset: NJEDA has made a series of "limited partnership" investments in an NJ-based private venture-capital fund that targets growth-stage tech businesses. The NJEDA is investing more than $40 million in venture capital funds, leveraging investment in NJ businesses to more than $2.5 billion.
Bosch To Open New Technology Center In Pittsburgh
Robert Bosch LLC will locate its new Research and Technology Center in Pittsburgh’s Strip District, which is becoming a hub for emerging tech-and innovation-focused companies.
Home Stretch: The Panama Canal Expansion
When the project was announced nearly 10 years ago, the new-and-improved 77-kilometer waterway through the narrow Isthmus that connects North and South America was expected to reopen for business in time for the 100th anniversary of the Canal in 2014. But the daunting engineering challenge of building a third set of new locks—and a toxic combination of legal and labor issues—rendered that deadline unrealistic almost from the get-go.
Crystal Ball 2016
Step aside, Monmouth and Quinnipiac: BF's got the odds-on favorites for next year's headlines.
Polymorph of Plastics: Merging Corporate Molecules
Dow and DuPont have apparently agreed that they would be in a stronger position as a merged company with powerful synergies to successfully navigate an eventual breakup into more specialized units. The tentative deal also may signify the next step in the evolution of the global plastics industry, a shift in focus to specialty and advanced engineered plastics from oil-based petrochemical mainstays like polyethylene. Both companies have realized the need to get bigger before they can get smaller.
State Focus – New Jersey: Garden of Opportunity
The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.