Latest: Almac Group Creating 312 Jobs In Pennsylvania - The company will invest more than $24.4M in two expansion projects, both in Montgomery County, with the help of a Pennsylvania First Program grant.
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 One: State Rankings.
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.
Capital investment in southwestern Pennsylvania totaled $2.9 billion in 2015, marking the ninth consecutive year capital investment in the region exceeded $1 billion, according to the Pittsburgh Regional Alliance’s (PRA) ninth annual Business Investment Scorecard.
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.
Locations across the nation are rapidly applying the best practices needed to meet the requirements of new and expanding 21st century businesses. This makes it much tougher for us to pick the best of the best, so we’ve expanded our showcase to make room for an ever-increasing number of economic development leaders.
Nevada wins the most hotly contested economic development prize in years by bagging Tesla's lithium battery plant near Reno. Washington successfully pulled out all the stops to keep Boeing from leaving the state. Comcast's gleaming new tower will transform Philadelphia's skyline.
Business Facilities recognizes the three most significant economic development projects of the year: Tesla's battery factory in Nevada, Washington's retention of the Boeing facility in Everett, and the new Comcast Center in downtown Philadelphia.
At its recent meetings, PIDA approved nearly $15.1 million in low-interest loans for 12 projects in Berks, Bucks, Lehigh, Mercer, Mifflin, Northampton and Westmoreland counties that are projected to create 229 new jobs and retain 664 jobs.
The 2013 Economic Development Deal of the Year recognizes the locations and economic development agencies that landed the highest impact projects announced between July 1, 2012 and December 1, 2013. This year, the game-changing transformation of a former solar panel plant in Mesa, AZ into a new $1.5-billion manufacturing facility for tech giant Apple takes the top prize.
On March 9, 1945 the Georgia Legislature, anticipating the post-World War II economic boom, created the Georgia Ports Authority, with control over the deepwater ports in both Savannah and Brunswick. Today, the Port of Savannah is the fastest-growing and single largest container terminal in the country, accounting for nearly 10% of Georgia’s economy.