Capital Investment
2021 Economic Development Deal Of The Year: Bronze Award
KORE Power chose the growing city of Buckeye, AZ for its next lithium-ion battery storage manufacturing facility. The deal will create about 3,000 new advanced manufacturing jobs in the Phoenix suburb.
2021 Economic Development Deal Of The Year: Impact Awards
For 2021, Business Facilities introduced 16 Impact Awards as the latest addition to the Economic Deal of the Year Awards.
Sherwin-Williams To Invest $324M In North Carolina Expansion
Paint and coatings manufacturer Sherwin-Williams will create an additional 200 jobs in Iredell County, NC, nearly doubling its current workforce.
2021 State Of The Year: Virginia — Best Overall Business Climate
With a skilled workforce, a business-friendly environment, great universities and a highly desirable standard of living, Virginia is at the top when it comes to best business climate.
2021 State Of The Year: Tennessee — Best Deals
With a number of major commitments, Tennessee had a banner year in terms of deal-making last year. That’s why it was named Business Facilities’ state with the Best Deals for 2021.
Ecommerce Company NVGTN Building New HQ In Florida
Three-year-old athletic wear company NVGTN has purchased a 100,000-square-foot facility in Pasco County, FL; plans to hire 30 new employees at its new headquarters this year.
New Digital Animation, Visual Effects Studio Launched In Shreveport
Troubled Muse VFX facility will create more than 50 entertainment jobs in Caddo Parish as the company joins Louisiana’s Entertainment Job Creation Program.
Tyson Foods Breaks Ground At New Kentucky Bacon Plant
New $355 million Tyson Foods facility will produce Wright and Jimmy Dean brand bacon and create 450 jobs in Bowling Green, KY.
Port Of Philadelphia: Gov. Wolf Announces $246M Investment
Pennsylvania will invest an additional $246 million into the Port of Philadelphia to continue modernization efforts and improve regional economic stability.
Amazon, Eli Lilly To Bring 1,100 Jobs To North Carolina
Amazon will establish a distribution center in Cumberland County, NC; Eli Lilly will invest $1B in a pharmaceutical manufacturing facility in Concord.
Quadrant Building $95M Magnet Manufacturing Facility In Kentucky
New $95 million Quadrant magnet manufacturing facility will create 200 jobs in Louisville, KY, provide rare-earth magnets for electric vehicle motors.
Boom Supersonic Chooses North Carolina For New Manufacturing Plant
Boom Supersonic will manufacture its new supersonic passenger aircraft, Overture, at Piedmont Triad International Airport, creating more than 1,750 jobs.
Historic $7B General Motors Investment To Create EV Future In Michigan
GM project will create 4,000 and retain 1,000 jobs, and includes converting GM Orion Township assembly plant to build full-size EV pickups; building Ultium’s 3rd US battery cell plant in Lansing.
Biomerics Investing $9.5M In Second Costa Rica Plant
Medical device contract manufacturer Biomerics will create approximately 250 new jobs in Cartago, Costa Rica this year, reaching 1,000 by 2024.
General Motors Will Invest $154M In New York Electric Motor Facility Upgrade
GM will renovate its Western New York Lockport Components plant, where it will manufacture electric motor components for electric trucks and SUVs.
Spot & Tango Bringing 100 Manufacturing Jobs To Pennsylvania
Pet health and wellness company Spot & Tango will open its first manufacturing facility in Lehigh County, PA this summer.
Fetch Rewards To Create 200 Jobs In Alabama
Consumer rewards app Fetch Rewards will invest over $1 million to open a new office and support hub in Birmingham, AL.
Ohio Lands $20B Intel Investment, Most Advanced Semiconductor Plants
With its two new advanced semiconductor manufacturing facilities, Intel will bring 3,000 jobs to Licking County, OH by by 2025.
New ACT Customer Care Center Will Create 600 Jobs In Louisiana
Advanced Call Center Technologies will invest $1.5 million to develop the customer care center in Shreveport, LA.
3M Company Investing $470M In East Tennessee Expansion
Fortune 100 company 3M will add nearly 600 new jobs at its manufacturing operations in Clinton, TN by 2025.
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: Colorado’s Grand Junction – Where Business Meets Adventure
The Grand Junction area is the largest metropolitan area in western Colorado, with the amenities and infrastructure companies need to operate globally. Situated halfway between Denver and Salt Lake City, the Grand Junction area is easily accessible by air, rail, highway, and WiFi.