Business Clusters/Corridors - Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

An $80-billion program proposed by President Biden is aiming to spur sustainable growth by supporting the establishment of innovation centers in regions hampered by underinvestment.


https://businessfacilities.com/2021/10/innovation-hubs-where-innovation-lives/
An $80-billion program proposed by President Biden is aiming to spur sustainable growth by supporting the establishment of innovation centers in regions hampered by underinvestment.

Innovation Hubs: Where Innovation Lives

An $80-billion program proposed by President Biden is aiming to spur sustainable growth by supporting the establishment of innovation centers in regions hampered by underinvestment.

Steam Logistics To Create 400 Jobs With Tennessee Expansion

Third-party logistics company Steam Logistics will invest nearly $7 million to expand its operations in Chattanooga, TN. 

Illinois Investing $15.4M To Boost Wet Lab Development

The Rebuild Illinois funding will support eight new wet lab centers valued at more than $90 million.

North Carolina Governor’s Report: Aiming To Stay On Top

North Carolina isn’t resting on its laurels as Business Facilities' 2020 State of the Year. With a thriving tech talent pool and a commitment to an equity-driven recovery, Gov. Roy Cooper aims to defend the crown.

Northrop Grumman Opens Alabama Facility For Next-Gen Missile Work

Northrop Grumman is adding 500 more workers in Huntsville, AL as it expands its work on a next-generation ICBM project.

North Dakota: Connecting To The World On Intermodal Rail

North Dakota’s new intermodal rail service is reducing shipping costs for agricultural exports and other goods shipped from the logistics park of ND.

Kansas: Where Innovation And Fun Converge

You can find Hutchinson’s history 650 feet under the ground in its famous salt mines. On the surface it’s a thriving business hub.

Jacksonville Fosters Growth, Innovation For Medical Device Manufacturers

A deep workforce, a vibrant and innovative medical ecosystem and a multitude of tax and lifestyle benefits make Jacksonville the ideal home for medical device manufacturers.

Georgia: Gateway For Global Trade

The Port of Savannah’s Garden City container terminal, the nation’s largest single-terminal operation, is adding more ship-to-shore cranes.

First Solar Puts $680 Million PV Plant In NW Ohio

The new facility in Lake Township, OH will expand the company’s PV solar panel capacity by 3.3 gigawatts.

Smith & Wesson Relocating HQ To Tennessee

Firearms manufacturer will invest more than $125 million, create 750 new jobs with its relocation to Maryville, TN.

Fiserv To Invest More Than $105M In New Jersey Expansion

The global financial technology company will bring nearly 2,000 jobs to its new hub in Berkeley Heights, NJ

California: Supplier Diversity Spurs Equity-Driven Development

The Golden State has launched a program that promotes inclusive procurement as the prerequisite for a resilient supply chain.

Leprino Foods To Invest $870M In Texas Cheese Manufacturing Plant

Mozzarella cheese maker will create 600 jobs in Lubbock, in one of the state’s largest private investments since inception of the Texas Enterprise Fund.

Florida: An International Gateway To Growth

Florida’s 15 deep-water seaports and 19 commercial airports are the entry points for a vast international trade infrastructure.

Visa’s New Atlanta Office Hub To Create 1,000 Jobs

Visa will open a new 123,000-square-foot hub in Midtown Atlanta. This major expansion is expected to create approximately 1,000 jobs in the region over the next several years.

Ford Makes Massive Electric Vehicle Investment In Tennessee, Kentucky

Ford and SK Innovation will invest $11.4B and create 11,000 jobs in TN and KY to produce electric vehicles and advanced lithium-ion batteries. Plus, $90M will go to Texas for training.

Terran Orbital To Build Spacecraft Manufacturing Facility In Florida 

Terran Orbital will invest $300 million to build the world’s largest, state-of-the-art, commercial spacecraft facility on Florida's Space Coast. 

Indiana: Gateway For Data Center Growth

Southern Indiana is poised to get a bigger share of the expanding North American data center market, which is expected to grow to $101 billion by 2026.

Resonance Brings Garment Manufacturing Back To NYC

Resonance's new 300-square-foot production facility in NYC is the first of several planned by the company in the coming months.

Southwest Louisiana: Where The Action Is

The diverse, inclusive gumbo in Southwest Louisiana includes a highly skilled workforce that is the hot sauce for success in key growth sectors.

International Manufacturers Drive Growth In Indiana

International manufacturing expansions create more than 160 jobs, $57M in Indiana; plus manufacturers get $2.8 million in tech grants.

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

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