Capital Investment

UBE Louisiana

UBE Plans $500M EV Battery Ingredient Plant In Louisiana

The Japanese chemical company's first U.S. manufacturing facility will be located at Cornerstone Energy Park in Jefferson Parish.
Michigan

Future Mobility, Sustainability Projects To Bring More Than 1,360 Jobs To Michigan

Corning will invest $900M in Saginaw County manufacturing facility; EV maker Lucid Motors’ new R&D facility will bring over 250 jobs to Southeast Michigan.
Missouri

Show-Me State Prioritizes Infrastructure, Workforce Development

Myriad companies have moved into Missouri communities around Kansas City, St. Louis, and Joplin over the past year.
data center locations

Data Centers Grow Despite Fears Of ‘Complete Halt’

Northern Virginia and Portland, OR tied at No. 1 as top data center regions in North America, according to a Cushman & Wakefield report.
North Carolina business climate

Partnership Drives Success In The Tar Heel State

North Carolina’s commitment to a top workforce, clean energy, and a favorable business climate are credited for the state’s success.
Eastern Airlines, Kansas City

Eastern Airlines Picks Kansas City, MO For New HQ

The cargo airline will invest more than $4.7M and create 165 jobs in Missouri. Plus, Urban Outfitters kicks off operations at its new 600,000SF fulfillment center for Nuuly in the Kansas City region.

Tech, Manufacturing Companies Invest Combined $9M In Michigan

G-M Wood Products and Ludus will bring $9 million in capital investment to Michigan through expansion and establishing a headquarters.
Louisiana Capital Investment

Louisiana Continues Year-Over-Year Capital Investment Growth

In 2023, the Bayou State garnered projects totaling more than $20 billion for the third year in a row.
SOLARCYCLE Georgia

SOLARCYCLE To Build First-Of-Kind Solar Panel Glass Plant In Georgia

The $344M facility will bring 600 jobs to Polk County. Meanwhile, Doowon Climate Control America plans a $30M manufacturing facility in Candler County, and Georgia breaks export records.
Trenton New Jersey

New Jersey Sees ‘Historic Economic Progress’

Governor Phil Murphy says the Garden State’s workforce and location provide tremendous value to businesses.
Mack Trucks Virginia

Mack Trucks To Invest $14.5M In Virginia Expansion

Mack Trucks will create 51 jobs with an expansion of its Roanoke County manufacturing operation. Meanwhile, Virginia will grant six communities a total of $1.76M for brownfields restoration.
Airbus

Aerospace And Defense Industry Locations: Cleared For Takeoff

As the aerospace and defense industry continues to grow, companies look for suitable locations.
Texas 2023 State of the Year

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.
Honeywell Aerospace

Honeywell Aerospace To Invest $84M In Kansas Manufacturing Expansion

Honeywell Aerospace will create 156 new high-tech jobs with an expansion of its Olathe, KS manufacturing facility. 
BlackStar Orbital Arizona

BlackStar Orbital Plans Arizona Spacecraft Manufacturing, Test Facility

The manufacturer of the BlackStar Spacecraft will invest $7.1 million and create more than 50 jobs at Sierra Vista Municipal Airport.
Creation Technologies New York

Rokt Will Invest $17.6M To Expand New York City HQ

Empire State Development will support Rokt HQ expansion in New York City with $4.7M in Excelsior Jobs Program tax credits. Plus, Creation Technologies opens $22M manufacturing facility in Wayne County.
Meta Indiana Data Center Campus

Meta Plans $800M Data Center Campus In Indiana

At River Ridge Commerce Center in Jeffersonville, IN, Meta will create 100 jobs at its new data center and Bintelli will invest $4M to expand its EV operations.
Saras Micro Devices Arizona

Saras Micro Devices Opens New HQ, Manufacturing Facility In Arizona

Saras’ new $50M facility in Chandler, AZ will support growth in high-performance computing, AI/machine learning, tap into region's expanding semiconductor ecosystem.
Michigan Strategic Fund

Michigan Strategic Fund Helps Three Companies Create Nearly 1,000 Jobs

In Detroit, Australia-based Fortescue will establish Advanced Manufacturing Center, Germany-based EcoG plans U.S. headquarters. Plus, Fifth Wheel Freight plans new flagship headquarters in the Great Lakes State.
Mobile County

Mobile County, AL To Gain Nearly $50M In Capital Investments

Eco Material Technologies and MYER Companies will bring nearly $50 million in new capital investments to Mobile County, Alabama.
tax credits

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.
Economic Development Awards

Business Facilities 2024 EDO Awards. Enter By March 14!

For the second year, Business Facilities recognizes economic development organizations for effective, innovative initiatives. Enter by March 14.
2023 Deals Of The Year

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.

[VIDEO] Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

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.