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 region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.