Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Advanced Manufacturing articles below.
A $2.8-million investment from Innovate NY—matched by $21.5 million in private equity—is spurring the development of a biotech cluster in New York City.
Advanced manufacturing has come a long way, revolutionizing the processes used to build new products and introducing a bevy of innovative technologies, with a heavy emphasis on automation.
Known as the Sunflower State, Kansas boasts a highly skilled workforce, outstanding infrastructure, low operating costs and a location in the heart of America.
The Crimson Tide is rolling, big time, and now it’s brought in our top honor: Alabama is BF’s 2015 State of the Year.
In terms of its contribution to GDP, the advanced manufacturing sector punches well above its weight, producing $2.7 trillion in value-added economic activity.
Advanced plastics manufacturer to invest $10.4 million in the area and will create more than 200 new jobs.
Advanced materials manufacturer to invest $313 million and create 620 jobs in this move from Toronto to Tennessee.
Dan Levine, Oxford Economics writes, "As the large metro areas find themselves in an increasing competition for highly mobile talent and jobs, there will probably be continued convergence in community and economic development strategies; particularly in urban centers seeking to attract technology talent and promote business incubation."
The training center will develop a pipeline of skilled workers for Nissan’s Tennessee manufacturing operations and critical opportunities for current and prospective employees to learn valuable skills in advanced manufacturing.
Commonwealth Center For Advanced Manufacturing To Partner With The Department Of Defense Technology Development Institute
In addition to funding from consortium members, the institute will receive a portion of the $140 million federal funds designated for manufacturing innovation institutes.
Indiana’s Economic Development Corporation had a record-breaking year in 2011 as the state gained commitments for 19,080 jobs with hourly wages exceeding the state average. From the March/April 2012 issue.