Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Business Incentives articles below.
New Mexico is moving to create a new Division of Outdoor Recreation, a unit the governor says will boost economic development.
The plant is the Germany-based company’s second U.S. location and will create 200 new jobs over the next five years in Washington County, TN.
Attracted to the region’s diverse and skilled workforce, the company will hire 35 people to work in its new $570,000 facility in Maumee, OH.
Home to the nation’s largest data center market, its third-largest port, the third-highest concentration of tech workers and the HQ of 37 Fortune 1000 companies, Virginia offers diverse opportunities for success.
The company will expand its plastics manufacturing operations in Holden, LA, retaining 15 jobs in Livingston Parish.
Cormo USA Inc. will invest $29.5 million to establish operations in Rushville, IN, creating up to 250 new jobs by the end of 2023.
The holding company will invest $4.45 million, and create and retain more than 80 new jobs in the City of Rochester over the next five years.
Through its Strategic Innovation Fund, Canada will invest US$36 million to support construction of the new US$3.3 billion polypropylene complex in Sturgeon County, Alberta.
An expanded office space in Manhattan and six sound stages in Brooklyn will create up to $100 million in investments and thousands of jobs within five years.
The manufacturer is establishing a new 100,000-square-foot facility in Oconee County, SC.
The online pet supply retailer will create 1,200 jobs at its new e-commerce fulfillment center in Rowan County, NC.
Electrical services firm Feyen Zylstra is adding second location in Walker, while German auto supplier MAHLE is expanding in St. Johns.
The baked goods manufacturer will launch new production operations in Laurens County, SC, creating 114 new jobs.
The global IT consulting and staffing firm is expanding its operations in Hamilton County with a new digital training center.
The Canadian company will invest $7.7 million and create 48 new jobs in Lebanon, VA.
The company will also retain more than 1,100 jobs as it increases the capacity of its Allegany Ballistics Laboratory at Rocket Center, WV.
Formal construction will begin this year at a 1,500-acre Mississippi River site, which will become home to one of the world’s largest methanol production facilities.
Eloisa Klementich, CEO, Invest Atlanta, discusses the factors that are making the city a thriving high-tech hub.
Food manufacturers are picking up the pace in adapting to the emerging industrial Internet of Things, with nearly a third of facilities in the sector now utilizing wireless networks.
The information technology and management consulting firm will create more than 128 jobs at its new headquarters in Arlington County, VA.
The South Korean company will invest $45 million in its new Kyle, TX headquarters and advanced manufacturing facility, where it will initially employ up to 50 employees.
The lumber manufacturing company will invest $7 million to establish a new spinoff in Bristol, IN, creating up to 100 new jobs.
The electrical contract company is investing $3 million to relocate its facilities in Texas and California to a 50,000-square-foot facility.