Biogen To Invest $200M In NC Gene Therapy Manufacturing Facility
Biogen’s new innovative and scalable gene therapy manufacturing facility will support plans to advance its gene therapy portfolio, employ approximately 90 in Research Triangle Park, NC.
Aerospace: The Sky’s The Limit
While defense spending has remained stable, commercial aviation has been on life support during the coronavirus pandemic. It may take until 2024 to return to pre-pandemic levels of passenger jet air traffic.
Packaging Corp. Of America Plans $440M Investment In Alabama
PCA’s three-year project will convert a paper machine at its mill in Clarke County, AL to produce linerboard used for corrugated packaging.
CGI Investing $27M In New Tennessee IT Delivery Center
Global IT and business consulting company CGI will create 300 jobs at its new IT delivery center in Knox County, TN.
Electric Vehicles: Charging To The Top
Electric vehicles are no longer the wave of a distant future: 2021 will be a breakout year for e-vehicles in the wake of General Motors’ announcement that it will end production of internal combustion engines in 2035.
Brown-Forman Expanding Louisville Distillery Operation
The bourbon maker will invest $95 million in an expansion of its Louisville, KY distillery and create a nursery on the property for a long-term study of oak tree sustainability.
Shovel-Ready Sites: Certified And Ready To Go
Precertified sites—A.K.A. shovel-ready sites—speed up the development cycle for projects by cutting the red tape and lining up key approvals in advance of the site selection process.
Toyota Investing $210M In West Virginia Expansion
Toyota Motor Manufacturing West Virginia will create 100 new jobs as the company upgrades an existing engine production line in Buffalo, WV.
Avant Organics To Launch Manufacturing Site In Alexandria, LA
Avant Organics' parent firm Crest Industries will create 40 new jobs with a $4 million capital investment at the Central Louisiana Port.
Top Utilities: Power Players
Electricity demand in the commercial sector was down by 6 percent while the industrial sector saw a 6.9 percent reduction in 2020 due to the impact of the pandemic on the U.S. economy.
Cybersecurity Companies Thrive In Tampa Bay’s Growing Ecosystem
Tampa Bay is quickly establishing itself as a top cybersecurity destination. Homegrown companies are growing and thriving, and companies from across the country are taking notice.
Scentsy Creating 200 Jobs In South Carolina
Scented product distributor Scentsy will invest $6 million to establish storage and distribution operations in York County, SC.
North Carolina: Rising Star With A Global Reach
In the last century, our 2020 State of the Year has been tops in tobacco, textiles and furniture. Today, North Carolina is on the cutting edge of advanced manufacturing, biotech, gene therapy and unmanned aerial systems.
AIDT, Hyundai Team Up For Revolutionary Job Training
The unique job-training initiative uses virtual reality simulation to train and certify employees on critical, in-demand skills.
West Virginia Governor’s Report: Rising To The Challenge
West Virginia is leading the nation in the fight against COVID-19, finding innovative ways to distribute vaccines. WV also is leading the way to the first high-speed hyperloop transit system.
Freshly Inc. To Create 250 Jobs In Georgia
The fresh-prepared meal delivery service company will invest $3.2 million to open its first Southeastern U.S. facility in Austell, GA.
January / February 2021 Issue (Volume 54, Number 1)
The January / February 2021 Issue features our annual State of the Year and Deal of the Year awards. Plus, our editor's top utility picks, the future of electric vehicles, and more.
Silver Award: 2020 Economic Development Deal Of The Year
Louisiana, a giant in the production of fossil fuels, is busy preparing for a green future with a $9.2-billion complex that will make diesel from renewable feedstocks.
Bronze Award: 2020 Economic Development Deal Of The Year
Centene is bringing its $1B East Coast headquarters to Charlotte, NC, creating more than 1 million square feet of new office space.
Honorable Mention Awards: 2020 Economic Development Deal Of The Year
Our 2020 Deal of the Year competition drew the most diverse (and impressive) field of projects to date, making it much tougher to narrow down our annual list of Honorable Mentions.
Listen Now: Living And Learning In Lubbock, Texas, With John Osborne, CEO, Lubbock EDA
Lubbock EDA CEO John Osborne discusses business climate and downtown revitalization in the Business Facilities Podcast.
2023 Deals Of The Year
Entries for Deal of the Year awards spanned industries, investment types, and winning strategies. Here are the stories of this year’s picks.
2023 State Of The Year: Opportunity Awaits In Texas
A robust business climate and strategic growth during 2023 earns the Lone Star State this recognition.
[VIDEO] Get More for Your Business in Ardmore. Oklahoma
The ADA owns three industrial parks and several single sites and buildings, giving our organization both the power and incentive to negotiate favorable terms for expanding companies.
Location Spotlight: Ohio Electric Cooperatives
Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.