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

Businesses located within the Quonset Business Park account for 14 percent of Rhode Island’s manufacturing jobs, with another 1,300 coming soon from Electric Boat.


https://businessfacilities.com/2018/07/rhode-island-engine-economic-growth/
Businesses located within the Quonset Business Park account for 14 percent of Rhode Island’s manufacturing jobs, with another 1,300 coming soon from Electric Boat.

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Business Clusters/Corridors

Latest: Rhode Island: An Engine For Economic Growth - Businesses located within the Quonset Business Park account for 14 percent of Rhode Island’s manufacturing jobs, with another 1,300 coming soon from Electric Boat.

Rhode Island: An Engine For Economic Growth

Businesses located within the Quonset Business Park account for 14 percent of Rhode Island’s manufacturing jobs, with another 1,300 coming soon from Electric Boat.

Teva Pharmaceuticals Moving U.S. Headquarters To New Jersey

The Israel-based global pharmaceutical company will transfer and create more than 800 jobs to Parsippany-Troy Hills, NJ with help from state tax credits.

Georgia Cyber Center’s Hull McKnight Building Celebrates Opening

The $100 million state-of-the-art Cyber Center aims to modernize cyber security technology through collaborative innovation, training and research.

Big River Steel Expanding Arkansas Flex Mill

The company's $1.2 billion investment will double capacity of technology-based steel mill and recycling facility in Osceola, AR.

AAM Building New Manufacturing Facility In Spain

Located near Barcelona, the new plant will employ 170 workers producing powertrain components for Europe's leading automakers including Renault, BMW, Daimler, Porsche, Audi and Ford.

Digital Transformation: A Safer Supply Chain

As the logistics industry moves the global supply chain onto digital platforms, experts are warning that vulnerabilities to cyberattacks must be addressed.

Nevada: Betting Big On High Technology And Winning

Few states were hit harder by the great recession than Nevada, but Gov. Brian Sandoval’s blueprint for recovery aimed for much more than a return to the status quo—NV is a magnet for top tech players.

May / June 2018 Issue (Volume 51, Number 3)

The May / June 2018 Issue features the top workforce training programs and incentives, plus a look at Canada, Nevada, cybersecurity, call centers, and more.

Vineland Offers Competitive Advantages In The Garden State

The food processing sector is thriving in Vineland, a South Jersey gem that offers ease of access to key markets along the East Coast and in Canada.

Asian Markets Spur Exports Surge from Minnesota

More than $7 billion in goods were shipped from Minnesota to Asia in 2017, with shipments to Japan notching a 30 percent increase over the previous year.

California: There’s Good Karma In The Valley

Moreno Valley is booming in the heart of Southern California’s Inland Empire, adding more than 8.4 million square feet of industrial space in the past two years.

Retail: Alive and Kicking

Reports of the death of the retail sector—a fate that was widely assumed to be the outcome of an exponential increase in online purchases of consumer goods—were more than a bit premature.

Australian Defense Contractor Investing $2.5M In Alabama

Electro Optic Systems will locate its flagship U.S. manufacturing facility in Huntsville, AL, creating as many as 100 jobs in the first year. 

Data Centers: Aiming For The Leading Edge

The need to be near end-users will drive an uptick in the expansion of smaller satellite markets for data centers, known in the trade as “edge" markets. Foreign investment in the data center sector also will surge.

New Mexico’s Energy Capital

Lea County, which produces more oil than 43 U.S. states, is a leading hub for all types of energy—including a $4-billion facility to process uranium from nuclear reactor fuel.

Republic Airways Creating Training Campus, Hundreds Of Jobs In Indiana

The regional airline will establish a U.S.-based flight training academy in Indianapolis that will train hundreds of aviation professionals each year, and plans to create more than 600 jobs in Indiana by 2028.

Siemens Establishing Cybersecurity Center In New Brunswick

The Siemens Cybersecurity Centre, located at Knowledge Park in Fredericton, will tap into New Brunswick’s emerging cybersecurity ecosystem and ultimately create up to 60 jobs.

Raytheon Expanding Radar Manufacturing In Mississippi

The company will invest $100 million in the new facility in Forest, MS, where it will integrate and test cutting-edge military systems.

TexAmericas Center Designated A Federal Opportunity Zone

The census tract containing the industrial park is among seven in Bowie County, TX, to receive the new federal designation.

U.S. Tax Overhaul Makes Biotech Players Hungry For Big Deals

Industry analysts are predicting that 2018 will turn out to be a banner year for merger and acquisition activity in the biotech/pharma sector, with up to $200 billion in assets changing hands.

Pratt & Whitney Creating 215 Jobs In Florida

The aircraft engine manufacturer will expand its operations in Palm Beach County, FL.

ImmunoPrecise Opens U.S. Headquarters In North Dakota

The full-service, therapeutic antibody discovery company has opened its new U.S. headquarters in Fargo, ND.

HudsonAlpha Receives $150,000 Grant For Bioinformatics

The grant from the Alabama Power Foundation will help HudsonAlpha Institute for Biotechnology introduce bioinformatics to students across the state.

Advanced Manufacturing: The Cobots Are Coming

Collaborative robots (a.k.a. cobots), designed to work alongside human workers, are the next big thing in advanced manufacturing. More than 150,000 cobots will be in use by 2020, a number expected to exceed 700,000 by 2025.

Gildan Creating 80 New Jobs In Georgia

The manufacturer is expanding the specialty yarn production capacity at its Columbus, GA facilities.

Snapshots: 60 Seconds with Jason Ford, Greater Houston Partnership

Greater Houston Partnership's VP of Regional Economic Development discusses his city's recovery from Hurricane Harvey, and opportunities for startups, foreign direct investment, and technology.

Japanese Plastic Company Opens First North American Production Plant

Nissei Plastics will boost its global production network with a new 115,000-square-foot facility in San Antonio, TX.

LiveXchange: Noted Economist Predicts Three More Years Of Growth

In his Keynote Address at Business Facilities’ 14th Annual LiveXchange event, Dr. James F. Smith told attendees that key economic indicators point to up to three more years of growth before the U.S. economy experiences another downturn.

Sendero Midstream Opens New Mexico Plant, Announces $750M Investment

The company’s newest investment will support increased oil and natural gas production from the flourishing Permian Basin region.

Canada Invests In Toyota, Supports Thousands Of Jobs In Ontario

The $85.4M investment will support Toyota Motor Manufacturing Canada's $1B investment in its Ontario plants and more than 8,000 jobs, plus create 450 new jobs.

Smalticeram USA Investing $4M In New Tennessee Operations

The ceramics supplier will create 26 new jobs in Cherry Glen Industrial Park, a Select Tennessee Certified Site in Mount Pleasant.

Lonza Investing $46M In South Carolina Expansion

The investment is expected to create 30 new jobs in Greenwood County, SC, earning the company assistance from the state’s job development credits program.

STEM Leaders

Locations across the country are racing to make sure their higher ed resources are producing stem-skilled graduates. Here are our picks for the top tier of the leaderboard.

Lockheed Martin Opens New Facility In Florida

The new manufacturing facility will support F-35 production growth and is expected to bring more than 80 new jobs to Pinellas Park, FL.

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